26 June 2018 | Prelims Daily with Previous Year Questions with Answers

Q.1 Consider the following statements:

1. Inter Bank Offer Rate is short-term interest rate to be charged on the loans offered to other banks.
2. Healthy functioning of IBOR signifies quick loans in the market at little cost.
3. Mumbai Interbank Offer rate (MIBOR) rate is for Indian inter-bank market, and is calculated on quarterly basis by RBI.

Which of the following statements is/are correct?

a) All of the above
b) 1 and 3
c) 1 and 2
d) 2 and 3

Source : http://www.bankoncepts.in/2015/02/libor-mibor-mibid.html

Q.2 Consider the following statements about plastic ban in India:

1. India has planned to completely phase out use of plastic bags by the end of 2019 under Swachh Bharat Abhiyan.
2. Maharashtra is the second state after Goa to completely ban use of plastic bags.

Which of the followings statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

Source : https://www.civilsdaily.com/news/op-ed-snap-reduce-segregate-on-plastic-ban/

Q.3 Consider the following statements about International Solar alliance (ISA):

1. International Solar alliance (ISA) seeks to mobilize $1 trillion of investments with AIIB finance alone by 2030 for massive deployment of solar energy.
2. The fund will be used to insure solar power projects against risks such as default in payment by electricity procurers, foreign exchange fluctuations and regime change.

Which of the following statements is/are not correct?

a) 1 only
b) 2 only
c) Both 1 and 2
d) None of the above

Source : https://www.civilsdaily.com/news/isa-plans-global-solar-bank-to-finance-150-billion-of-power-projects/

Q.4 Which of the following statements is correct about Suryashakti Kisan Yojana?

1. For the first time in the country farmers will be able to produce solar energy, consume as much as they need and sell the remaining under this scheme.
2. Using solar panels, which will be connected to the feeders, farmers would get 24 hours of power supply for their pumps.
a) Both 1 and 2
b) Only 1
c) Only 2
d) None of the above

Source : https://www.civilsdaily.com/news/suryashakti-kisan-yojna-gujarat-govt-launches-solar-scheme-to-double-farm-income/

Q.5 Which of the following represents the correct West to East order of the following islands?

a) Comoro-Assumption-Reunion-Agalega
b) Assumption- Comoro- Agalega- Reunion
c) Comoro- Assumption- Agalega- Reunion
d) Agalega- Reunion- Assumption- Comoro

Source : https://www.civilsdaily.com/news/india-seychelles-talk-of-mutual-welfare-on-assumption-island-project/

Q.6 Consider the following statements about Ujwal Discom Assurance Yojana (UDAY):

a) It is the responsibility of the state discoms under UDAY to ensure last mile connectivity through grids.
b) However, it is Centre’s responsibility to ensure 100% electrification to all household of remotest village in the country.

Which of the following statement is/are correct?

a) Only a
b) Only b
c) Both a and b
d) None of the above

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Puru Rajput
Puru Rajput
4 years ago