6 October 2018 | Prelims Daily with Previous Year Questions

Q.1) Exercise Sahyog HOP TAC-2018 is a bilateral coastal security exercise between India and which of the following countries?

a) Bangladesh

b) Myanmar

c) Vietnam

d) Cambodia

Inspired by: India, Vietnam hold joint drill in Bay of Bengal

India, Vietnam hold joint drill in Bay of Bengal

Q.2) SEZs are set up under Special Economic Zones Act, 2005 as duty free enclave in India. Which of the following statements about SEZs is not correct?

a) They shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs in India.

b) Goods and services rendered from the SEZ are treated as imports into India.

c) Exemption from State sales tax and other levies as extended by the respective State Governments.

d) 100% Income Tax exemption on export income for SEZ units under Section 10AA of the Income Tax Act for lifetime operations.

Inspired by: [pib] SEZ Policy Review Committee holds final meeting

[pib] SEZ Policy Review Committee holds final meeting

Q.3) With reference to the India’s first “Methanol Cooking Fuel Program”, which of the following statements is not correct?

a) It is an initiative of a state-owned company, Northeast and Assam Petro-chemicals.

b) It is Asia’s first cannisters based “Methanol Cooking Fuel Program”.

c) The technology is very unique as it handles methanol extremely safely, does not need regulator or any piping system.

d) Cooking with the help of Methanol is a costlier practice than traditional LPG.

Inspired by: [pib] Launch of Methanol Cooking Fuel Program of India

[pib] Launch of Methanol Cooking Fuel Program of India

 

Q.4) With reference to the Masala Bonds, consider the following statements:

  1. ‘Masala Bonds’ are Indian rupee denominated bonds issued in offshore capital markets which issued to offshore investors settled in dollars or any other currencies.
  2. It is used to refer to rupee-denominated borrowings by Indian entities in overseas markets.
  3. Masala bond was the first Indian bond to get listed in London Stock Exchange.

Which of the given statements is/are correct?

a) 1 and 2

b) 2 and 3

c) 1 and 3

d) All are correct.

Inspired by: [op-ed snap] Avoiding the currency basket case

[op-ed snap] Avoiding the currency basket case

Q.5) “It is a method of using light to capture and manipulate tiny objects has changed the way we’re able to study microscopic life. It uses momentum of light beam called the momentum pressure. It can be used to sort healthy cells from infected ones, or identify those that might be cancerous. It is also possible to use them to measure both the minute movements of a trapped object (equivalent to a few atoms in diameter) and similarly tiny forces.”

Which of the following devices is best described in the above paragraph?

a) Optical Grafter

b) Optical Tweezers

c) Ophthalmic Refractometer

d) Laser Glowforge

Inspired by: [op-ed snap] Augmenting life — on Nobel Prize 2018

[op-ed snap] Augmenting life — on Nobel Prize 2018

 

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