2 August 2018 | Prelims Daily with Previous Year Questions

Q.1) Consider the following statements about Monetary Policy Committee of RBI:

1. The meetings of MPC are held once a year after the annual financial statement is released.

2. Union Finance Minister is the ex-officio Chairman of MPC.

3. The setting up of a committee to decide on Monetary Policy was first proposed by the Raghuram Rajan Committee.

Which of the given statements is/are incorrect?

a) 1, 2 and 3

b) 2 and 3

c) 1 and 2

d) Only 2

Inspired by: [op-ed snap] Prudent increase: on RBI’s rate hike

[op-ed snap] Prudent increase: on RBI’s rate hike

Q.2) Consider the following statements about Geographical Indications (GI):

1. It is granted as per the provisions of Indications of Goods (Registration and Protection) Act, 1999.

2. GIs have been defined under Article 22(1) of the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement.

Which of the given statements is/are correct?

a) Only 1

b) Only 2

c) Both 1 and 2

d) None of the above

Inspired by: GI logo, tagline launched

GI logo, tagline launched

Q.3) Consider the following statements about Concessional Financing Scheme (CFS):

1. Concessional Financing Scheme (CFS) is aimed to support Indian Entities bidding for strategically important infrastructure projects abroad.

2. The credit under this scheme is released by RBI.

Which of the given statements is/are correct?

a) Only 1

b) Only 2

c) Both 1 and 2

d) None of the above

Inspired by: [pib] Concessional Financing Scheme (CFS) to support Indian Entities bidding for strategically important infrastructure projects abroad

[pib] Concessional Financing Scheme (CFS) to support Indian Entities bidding for strategically important infrastructure projects abroad

Q.4) State Energy Efficiency Preparedness Index is released by:

a) NITI Aayog

b) Union Power Ministry and BEE

c) EESL and NITI Aaayog

d) None of the Above

Inspired by: [pib] Nationwide ‘State Energy Efficiency Preparedness Index’ released

[pib] Nationwide ‘State Energy Efficiency Preparedness Index’ released

Q.5) Consider the following statements about Perform Achieve and Trade (PAT) Scheme:

1. It is a part of the National Action Plan on Climate Change (NAPCC) launched in 2012.

2. It seeks to save energy consumption of 8 Core Industries.

3. The assigned energy savings targets are given incentives in the form of tradable energy saving certificates (ESCert).

Select the correct codes from the given statements.

a) 1 and 2

b) 1 and 3

c) 3 only

d) All are correct

Inspired by: [pib] Nationwide ‘State Energy Efficiency Preparedness Index’ released

[pib] Nationwide ‘State Energy Efficiency Preparedness Index’ released

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