3 Oct 2017 | Prelims Daily with Previous Year Questions & Tikdams

Q1) Which of the following currencies follow ‘Floating exchange rate’ system?
1. the United States dollar
2. the Indian rupee
3. the euro
Select the correct option using the codes given below.
a) 1 and 2 only
b) 2 and 3 only
c) 1, 2 and 3
d) 1 and 3 only

Q.2) Consider the following statements regarding the ‘Marginal Cost of funds based Lending rate (MCLR)
1. It has replaced the base rate system, introduced in 2010.
2. It refers to the maximum interest rate of a bank above which it cannot lend.
Which of the statements given aboe is/are correct?
a) 1 only
b) Both are correct
c) Neither 1 nor 2
d) 2 only

Q.3) Recently, a report named “World Development Report 2018: ‘Learning to Realise Education’s Promise” was launched by an International Organisation. The organsation is
a) IMF
b) United Nations Development Programme(UNDP)
c) World Bank Group
d) OECD

Q.4) Consider the following statements regarding the ‘
1. Private parties do not hold or use them.
2. They carry a weekly determined interest rate.
Which of the statements given above is/are correct?
a) Both are correct
b) 1 only
c) 2 only
d) Neither 1 nor 2

Q.5) Consider the following statements regarding the ‘Fiscal Deficit’:
1. It has been adopted by the IMF as the principal policy target in their programmes.
2. In India, the government began to report the fiscal deficit only after 1991.
Which of the statements given above is/are correct?
a) 1 only
b) Both are correct
c) 2 only
d) Neither 1 nor 2

Q.6) Which of the following are the key features of ‘National Ganga River Basin Authority (NGRBA)’? (CSE: 2016)
1.River basin is the unit of planning and management.
2.It spearheads the river conservation efforts at the national level.
3.One of the Chief Ministers of the States through which the Ganga flows becomes the Chairman of NGRBA on rotation basis.
Select the correct answer using the code given below.
a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) 1,2 and 3

Q.7) Why does the Government of India promote the use of ‘Neem-coated Urea’ in agriculture? (CSE: 2016)
a) Release of Neem oil in the soil increases nitrogen fixation by the soil microorganisms.
b) Neem coating slows down the rate of distribution of urea in the soil
c) Nitrous oxide, which is a greenhouse gas, is not at all released into the atmosphere by crop fields.
d) It is a combination of a weedicide and a fertilizer for particular crops.

Q.8) Consider the following statements: (CSE: 2016)
1.The Chief Secretary in a State is appointed by the Government of that State.
2.The Chief Secretary in a State has a fixed tenure.
Which of the statements given above is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2


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