5 days ago
Economy Quiz Covers Fuel Standards, FDI, Tokenisation and Bond Yields
This quiz tests important ideas from the economy section.
CAFE-III is a rule that makes car companies improve the fuel efficiency of their entire fleet.
Heavier vehicle fleets can have different fuel-use targets from lighter fleets.
Wheat, rapeseed and barley are crops usually grown in the rabi season.
Net FDI shows how much foreign investment remains after certain money leaves the country.
Tokenisation divides an expensive financial asset into smaller units that more people can buy.
US bond yields show how costly it is for the US government to borrow money.
When those yields rise, borrowing can also become more expensive for other governments and businesses.
CAFE-III sets fleet-level fuel-efficiency standards for passenger vehicles and applies from April 1, 2027, to March 31, 2032.
Under CAFE-III, permitted fuel consumption varies with a manufacturer's weighted average vehicle weight, so lighter and SUV-heavy fleets do not face identical targets.
Wheat, rapeseed and barley are identified as rabi crops, while maize and ragi are described as kharif crops.
Net FDI adjusts gross inflows for repatriation, disinvestment and overseas investments by Indian companies; July net FDI reached $7.35 billion.
The quiz explains that asset tokenisation can divide financial assets into smaller digital units, while rising US bond yields increase borrowing costs.
- Who
- The quiz is intended for UPSC aspirants and covers manufacturers, investors, governments and businesses.
- What
- It presents five economy questions on CAFE-III, crop seasons, FDI, financial-asset tokenisation and US bond yields.
- Where
- The subjects concern India, its passenger-vehicle and investment systems, and the US bond market.
- When
- The CAFE-III rules are stated to apply from April 1, 2027, to March 31, 2032; the article also refers to July FDI data and the 2027-28 rabi season.
- Why
- The quiz is designed to help readers revise important economy topics for the UPSC examination.
Key facts
- CAFE-III period
- April 1, 2027, to March 31, 2032
- CAFE-III coverage
- M1-category passenger vehicles manufactured or imported for sale in India
- CAFE weight reference
- The reference vehicle weight is fixed at 1,229 kg
- July net FDI
- $7.35 billion, described as an over five-year high
- July gross FDI
- $14.58 billion
- Tokenisation example
- A bond worth Rs 10 lakh can be divided into units costing Rs 100
- US bond yields
- The 30-year US Treasury yield reached its highest level in around 25 years
Sources
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