1 August 2018 | Prelims Daily with Previous Year Questions

Q.1) Consider the following statements about the Banning of Unregulated Deposit Schemes Bill, 2018:

1. It aims to provide a comprehensive legislation to tackle illicit deposit schemes by completely prohibiting such activities.

2. All deposits taking schemes are necessarily required to be registered with SEBI only.

3. The bill is a replacement of Chit Funds (Amendment) Bill, 2018.

Which of the given statements is/are correct?

a) Only 1

b) Only 2

c) 1 and 3

d) 1 and 2

Inspired by: Banning of Unregulated Deposit Schemes Bill, 2018

Banning of Unregulated Deposit Schemes Bill, 2018

Q.2) Consider the following statements about STA-1 status granted to India by US:

1. It will allow some exceptions to license for defense equipments exports from US.

2. India is the first Asian country to get this status.

Which of the given statement is/are correct?

a) Only 1

b) Only 2

c) Both 1 and 2

d) None

Inspired by: India gets STA-1 status from U.S.

India gets STA-1 status from U.S.

Q.3) Which of the given statements is correct about Mission for Integrated Development Horticulture (MIDH):

1. MIDH is a centrally sponsored scheme implemented for the holistic development of horticulture sector in the country.

2. It does cover Bamboo.

3. It has outlay of 100% for all states and UTs

Select the correct codes:

a) All are correct

b) 1 and 2

c) 2 and 3

d) 1 and 2

Inspired by: [pib] Setting up of Vegetable Clusters

[pib] Setting up of Vegetable Clusters

Q.4) Consider the following statements about India Consensus project:

1. It is commissioned by Tata Trusts and the Copenhagen Consensus.

2. It conducts academic research to evaluate impact of policy initiatives.

Which of the given statements is are correct?

a) Only 1

b) Only 2

c) Both 1 and 2

d) None

Inspired by: [op-ed snap] Improving state finances by reducing power losses

[op-ed snap] Improving state finances by reducing power losses

Q.5) Consider the following statements about National Biofuels Policy, 2018:

1. The policy restricts the scope of raw material for ethanol production by prohibiting the use of various grains, potatoes and sugarcanes etc. produced in surplus considering food security.

2. Rajasthan is the first state to implement this Policy.

Select the incorrect statements from the following:

a) Only 1

b) Only 2

c) Both 1 and 2

d) None

Inspired by: Rajasthan first State to implement biofuel policy

Rajasthan first State to implement biofuel policy

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