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EconomyEasy

What is the one-time fee for the FASTag Annual Pass?

  1. A.Rs 2,000
  2. B.Rs 3,075
  3. C.Rs 4,500
  4. D.Rs 5,000

Correct answer

B. Rs 3,075

Explanation

The correct answer is Rs 3,075. This single payment buys the holder a year of use, or two hundred crossings of toll plazas, whichever limit is reached first, and does away with the need to keep recharging the tag. Option A is wrong because the fee announced by the Ministry of Road Transport and Highways is not a round two thousand rupees; the figure carries an odd seventy-five at the end, which is exactly the kind of detail a paper setter likes to test. Option C is wrong for the same reason, and it also overstates the price by a wide margin. Option D is wrong because no fee of five thousand rupees attaches to this pass at any stage; a higher figure would sit badly with the stated aim of making highway travel cheaper for private vehicle owners. The pass works at roughly one thousand one hundred and fifty fee plazas on the national network.

Read the full article: FASTag Annual Pass Crosses One Crore Mark at Rs 3,075 a Year

Q4.EconomyMedium

Which scheme of the MSME Ministry handholds SC/ST micro and small enterprises for public procurement?

  1. A.National SC-ST Hub Scheme
  2. B.Prime Minister's Employment Generation Programme
  3. C.Credit Guarantee Fund Trust for Micro and Small Enterprises
  4. D.Udyam Registration
Show answer
Correct answer: A. National SC-ST Hub Scheme

The Joint Secretary told the round table that the promotion and handholding done under this scheme has steadily raised the share of SC/ST micro and small enterprises in public procurement, and the scheme's field offices are the ones being asked to coordinate more closely with the Government e-Marketplace and with…

Q5.EconomyMedium

Under the Government's Public Procurement Policy, what share of procurement is mandated from SC/ST micro and small enterprises?

  1. A.3 per cent
  2. B.4 per cent
  3. C.20 per cent
  4. D.25 per cent
Show answer
Correct answer: B. 4 per cent

The round table with Central Public Sector Enterprises was convened precisely to monitor how far they have met the mandated four per cent sourcing from micro and small enterprises owned by Scheduled Caste and Scheduled Tribe entrepreneurs.