Category: Prelims Daily

Q.1) Consider the following statements regarding the ‘National Company Law Tribunal:’
1. It is a quasi-judicial body .
2.It was established under the Companies Act 2013.
Which of the statements given above is/are correct?
a) 1 only
b) 2 only
c) Both are correct
d) Neither 1 nor 2

Q.2) ‘Consumer Confidence Survey’ is done by which of the following organisation/ministries?
a) Ministry of Finance
b) Reserve Bank of India
c) Ministry of Corporate Affairs
d) Central Statistics Office (CSO)

Q.3) Which of the following statements regarding the ‘Rashtriya Swasthya Bima Yojana (RSBY)’ is/are correct?
1. It was introduced for Below Poverty Line (BPL) families.
2. It was launched in 2016.
Select the correct option using the codes given below.
a) 2 only
b) Neither 1 nor 2
c) Both are correct
d) 1 only

Q.4) Recently, The technical group on tuberculosis in the ministry of health has given approval to a new Drug(to be used as a cure for Tuberculosis). The name of the drug is
a) Delamanid
b) Bedaquiline
c) Isoniazid
d) None of the above

Q.5) Who of the following had first deciphered the edicts of Emperor Ashoka
a) George Buhler
b) James Prinsep
c) Max Muller
d) William Jones

Q.6) With reference to the ‘Gram Nyayalaya Act’ which of the statements is/are correct?
1.As per the act, Gram Nyayalayas can hear only civil cases not criminal cases
2.The Act allows only social activists as medeators/reconcillators
Select the correct answers using the code given below
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Q.7) With reference to the ‘Trans pacific Partnership’ consider the following statements:
1.It is an agreement among all the Pacific Rim countries except China and Russia
2.It is a strategic alliance for the purpose of maritime security only
Which of the statements is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Q.8) Consider the following statements:
The India – Africa summit
1.Held in 2015 was the third such summit
2.Was actually initiated by Jawaharlal Nehru in 1951
Which of the statements is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

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Q.1) Boundaries of ‘Lithuania'(which was recently in news) touches with
1. Baltic Sea
2. Latvia
3. Poland
4. Belarus
Select the correct option using the codes given below.
a) 1, 2, 3 and 4
b) 1, 2 and 3 only
c) 2 and 3 only
d) 1 only

Q.2) Indra Sawhney vs Union Of India was related to
a) Reservation
b) Fundamental Rights
c) Fundamental Duties
d) Basic Structure of the Indian Constitution

Q.3) Which of the following gases are Green House Gases(GHG)?
1. Carbon Dioxide
2. Carbon Monoxide
3. Methane
4. Ozone
Select the correct option using the codes given below.
a) 1, 2, 3 and 4
b) 1, 3 and 4 only
c) 2 and 3 only
d) 1, 2 and 4 only

Q.4) With reference to the ‘Enforcement Directorate’ which of the following statements is/are correct?
1. It is part of the Department of Revenue.
2. It is headquartered in the New Delhi.
Select the correct option using the codes given below.
a) 1 only
b) Neither 1 nor 2
c) 2 only
d) Both are correct

Q.5) Recently, the Indian Navy has thwarted a piracy attempt on a Liberian vessel in the Gulf of Aden. The Gulf of Aden touches the boundaries of which of the following countries?
1. Yemen
2. Somalia
3. Sudan
Select the correct option using the codes given below.
a) 1, 2 and 3
b) 1 and 3 only
c) 1 and 2 only
d) 2 and 3 only

Q.6) ‘Net metering’ is sometimes seen in the news in the context of promoting the
a) Production and use of solar energy by the households/consumers
b) Use of piped natural gas in the kitchens of households
c) Installation of CNG kits in motor cars
d) Installation of water meters in urban households

Q.7) ‘India’s ranking in ease of doing Business Index’ is sometimes seen in the news. Which of the following have declared that ranking?
a) Organization of Economic Cooperation and development (OECD)
b) World Economic Forum
c) World Bank
d) World trade Organization (WTO)

Q.8) Banjaras during the medieval period of Indian history were
a) Agriculture
b) Warriors
c) Weavers
d) Traders

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Q.1) Consider the following statements regarding the The Regional Anti-Terrorist Structure (RATS):

1. It is headquartered in Tashkent, Uzbekistan.

2. The Head of RATS is elected to a three-year term.

3. It is a is a temporary organ of the SCO.

Which of the following statements given above is/are correct?

a) 1, 2 and 3

b) 1 and 3 only

c) 1 and 2 only

d) 2 and 3 only

 

Q.2) Consider the following statements:

1. Lowering the SLR may result in lowering of lending rate by banks.

2. SLR is meant to be used for private sector investment.

Which of the above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

 

Q.3) Real GDP is:

a) evaluated at market prices of current year

b) evaluated at market prices of some base year

c) total current revenue from all types of taxes net of transfer payments

d) Difference between exports and imports

 

Q.4) Consider the following statements:

1. Keratitis is the inflammation of the eye

2. Keratitis can be caused by both bacteria and fungi

3. Fungi attach themselves to the cornea and release enzymes that break down the corneal proteins for their nutritional requirements

Which of the statements given above is/are incorrect?

a) 1, 2 and 3

b) 2 and 3

c) 1 and 3

d) None of the above

 

Q.5) Consider the following statements:

1. The CPCB of India is a statutory organisation under the Ministry of Environment, Forest and Climate Change (MoEF&CC)

2. CPCB is entrusted with the powers and functions under the Air (Prevention and Control of Pollution) Act, 1981 but not under Water (Prevention and Control of Pollution) Act, 1974

3. It is responsible for maintaining national standards under a variety of environmental laws, in consultation with zonal offices, tribal, and local governments

Which of the statements given above is/are correct?

a) 1 only

b) 2 and 3

c) 1 and 3

d) 3 only

 

Q.6) Which of the following is/are unique characteristic/characteristics of equatorial forests? (CSE: 2013)

1. Presence of tall, closely set trees with crowns forming a continuous canopy

2. Coexistence of a large number of species

3. Presence of numerous varieties of epiphytes

Select the correct answer using the code given below:

a) 1 only

b) 2 and 3 only

c) 1 and 3 only

d) 1, 2 and 3

 

Q.7) Which of the following constitute Capital Account? (CSE:2013)

1. Foreign Loans

2. Foreign Direct Investment

3. Private Remittances

4. Portfolio Investment

Select the correct answer using the codes given below.

a) 1, 2 and 3

b) 1, 2 and 4

c) 2, 3 and 4

d) 1, 3 and 4

 

Q.8) Consider the following historical places: (CSE: 2013)

1. Ajanta Caves

2. Lepakshi Temple

3. Sanchi Stupa

Which of the above places is / are also known for mural paintings?

a) 1 only

b) 1 and 2 only

c) 1, 2 and 3

d) None

 

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Q.1) Consider the following statements explaining differences between Whole Price Index(WPI) and Consumer Price Index(CPI):

1. Food items have a larger weight in the CPI than in the WPI.

2. Services are not covered under WPI while they are covered under CPI.

Which of the statements given above is/are correct?

a) 1 only

b) 2 only

c) Both are correct

d) Neither 1 nor 2

 

Q.2) Consider the following

1. Consumder price index(CPI:   Central Statistics Office (CSO)

2. Whole price index(WPI):          Office of Economic Advisor (OEA)

Which of the organisation/organisations given above is/are correctly matched with the type of inflation they measure(officially)?

a) Neither 1 nor 2

b) 1 only

c) Both are correct

d) 2 only

 

Q.3) What is ‘Joint Comprehensive Plan of Action (JCPOA)’, which was recently seen in news?

a) Crude oil deal

b) Nuclear deal

c) NATO’s deal with Taliban

d) NATO’s plan to counter threats from the North Korea

 

Q.4) Which country is going to conduct the first ‘BIMSTEC Disaster Management Exercise- 2017’ (BIMSTEC DMEx-2017)?

a) Thailland

b) Sri Lanka

c) Nepal

d) India

 

Q.5) Indian Navy has recently launched ‘INS Tarasa.’ It is a

a) Submarine

b) Destroyer

c) Stealth ship

d) Patrol vessel

 

Q.6) Which of the following best describes/describe the aim of ‘Green India Mission’ of the Government of India?(CSE: 2016)

1.Incorporating environmental benefits and costs into the Union and State Budgets there by implementing the ‘green accounting’

2.Launching the second green revolution to enhance agricultural output so as to ensure food security to one and all in the future

3.Restoring and enhancing forest cover responding to climate change by a combination of adaptation and mitigation measures

Select the correct answer using the code given below.

a) 1 only

b) 2 and 3 only

c) 3 only

d) 1,2 and 3

 

Q.7) With reference to pre-packaged items in India, It is mandatory to the manufacturer to put which of the following information on the main label, as per the Food Safety and Standards (Packaging and Labeling) Regulations, 2011?(CSE: 2016)

1.List of the ingredients including addictives

2.Nutrition information

3.Recommendations, if any, made by the medical profession about the possibility of any allergic reactions

4.Vegetarian/ Non- Vegetarian

Select the correct answer using the code given below.

a) 1, 2 and 3

b) 2, 4 and 4

c) 1,2 and 4

d) 1 and 4 only

 

Q.8) ‘Project Loon’ sometimes seen in the news is related to(CSE: 2016)

a) Waste management technology

b) Wireless communication technology

c) Solar power production technology

d) Water conservation technology

 

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Q.1) Which of the following Commodities does not fall under the GST?
1. Petroleum
2. Electricity
3. Alcohol for industrial consumption
Select the correct option using the codes given below.
a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) 1, 2 and 3

Q.2) With reference to the ‘World Economic Forum (WEF)’ which of the following statements is/are correct?
1. It is headquartered in Cologny, Switzerland.
2. It is an NGO, under the aegis of the UN.
Select the correct option using the codes given below.
a) 2 only
b) Neither 1 nor 2
c) 1 only
d) Both are correct

Q.3) Consider the following statements regarding the ‘Asian Development Bank’:
1. China holds the largest proportion of shares in the ADB.
2. ADB is an official United Nations Observer.
Which of the statements given above is/are correct?
a) 1 only
b) Both are correct
c) Neither 1 nor 2
d) 2 only

Q.4) With reference to the ‘BIRAC'(recently seen in news) which of the following statemens is/are correct?
1. It is a not-for-profit Public Sector Enterprise.
2. It is related to Biotechnology Industry.
Select the correct option using the codes given below.
a) 1 only
b) Neither 1 nor 2
c) Both are correct
d) 2 only

Q.5) Consider the following statements regarding the ‘SATH– Sustainable Action for Transforming Human Capital’:
1. It is a joint initiative of Government of Maharashtra and NITI Aayog
2. One of its aims is to provide structured support in identifying key health priorities.
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) Consider the following pairs:(CSE: 2016)
Terms sometimes seen in the news – their origin
1.Annex- I Countries- Cartagena Protocol
2.Certified Emissions Reductions- Nagoya Protocol
3.Clean Development Mechanism- Kyoto Protocol
Which of the pairs given above is/are correctly matched?
a) 1 and 2 only
b) 2 and 3 only
c) 3 only
d) 1,2 and 3

Q.7) In the context of the development in Bioinformatics, the term ‘Transcriptome’, sometimes seen in the news , refer to (CSE: 2016)
a) A range of enzymes used in genome editing
b) The full range of mRNA molecules expressed by an organism
c) The description of the mechanism of gene expression
d) A mechanism of genetic mutations taking place in cells

Q.8) Mission Indradhanush’ launched by the government of India pertains to(CSE: 2016)
a) Immunization of children and pregnant women
b) Construction of smart cities across the country
c) India’s own search for the Earth-like planets in outer space
d) New Educational policy

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Q.1) Consider the following statements regarding the ‘Morgan Stanley’:
1. It is headquartered in the USA.
2. It also deals in investment banking other than securities, wealth management and investment management services.
Which of the statements given above is/are correct?
a) 2 only
b) 1 only
c) Both are correct
d) Neither 1 nor 2

Q.2) Consider the following statements regarding the ‘Rajiv Gandhi Shramik Kalyan Yojana- Procedure’:
1. The applicant to this scheme should have been an Insured Person under the ESI Act.
2. It is for the Person who becomes unemployed on or after 1st April, 2017.
Which of the statements given above is/are correct?
a) 1 only
b) 2 only
c) Both are correct
d) Neither 1 nor 2

Q.3) Which of the following countries constitutes ‘Horn of Africa’?
1. Somalia
2. Ethiopia
3. Eritrea
4. Djibouti along
5. Yemen
6. Kenya
Select the correct option using the codes given below.
a) 1, 2, 3, and 4 only
b) 2, 3, 4 and 5 only
c) 1, 3, 4 and 6 only
d) 1, 2, 5 and 6 only

Q.4) Pradhan Mantri Sahaj Bijli Har Ghar Yojana will be funded through
1. Central Grants
2. State Grants
3. Bank Loans
Select the correct option using the codes given below.
a) 1, 2 and 3 only
b) 1 and 2 only
c) 2 and 3 only
d) 1 and 3 only

Q.5) With reference to ‘Stand Up India Scheme’ which of the following statements is/are correct?
1.Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs.
2.It provides for refinance through SIDBI.
Select the correct answer using the code given below:
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Q.6) The FAO accords the status of ‘Globally Important Agricultural Heritage System (GIAHS)’ to traditional agricultural systems. What is the overall goal of this initiative?
1.To prove modern technology, training in modern farming methods and financial support to local communities of identified GIAHS so as to greatly enhance their agricultural productivity
2.To identify and safeguard ecofriendly traditional farm practices and their associated landscapes, agricultural biodiversity and knowledge systems of the local communities.
3.To provide Geographical Inclination status to all the varieties of agricultural produce in such identified GIAHS
Select the correct answer using the code given below.
a) 1 and 3 only
b) 2 only
c) 2 and 3 only
d) 1,2 and 3

Q.7) Which of the following is/are tributary/tributaries of Brahmaputra?
1.Dibang
2.Kameng
3.Lohit
Select the correct answer using the code given below.
a) 1 only
b) 2 and 3 only
c) 1 and 3 only
d) 1,2 and 3

Q.8) The Term ‘Core Banking Solutions’ is sometimes seen in the news. Which of the following statements best describes/ describe this term?
1.It is networking of a bank’s branches which enable customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts.
2.It is an effort to increase RBI’s control over commercial banks through computerization.
3.It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank.
Select the correct answer using the code given below.
a) 1 only
b) 2 and 3 only
c) 1 and 3 only
d) 1,2 and 3

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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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IMPORTANT STUFF: 

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Q.1) Which of the following scheme is a ‘Central Sector Scheme’?
1. Mahatma Gandhi National Rural Employment Guarantee Act
2. Golden Quadrilateral
3. Pradhan Mantri Gram Sadak Yojana
Select the correct option using the codes given below.
a) 1, 2 and 3
b) 1 and 2 only
c) 2 only
d) 1 and 3 only

Q.2) Consider the following statements regarding the ‘Employees’ Provident Fund Organisation’:
1. It is a a statutory body.
2. It comes under the Ministry of Finance.
Which of the statements given above is/are correct?
a) 2 only
b) Both are correct
c) Neither 1 nor 2
d) 1 only

Q.3) The World Economic Outlook (WEO) is a survey conducted and published by the
a) World Trade Organisation
b) World Bank
c) International Monetary Fund
d) OECD

Q.4) Consider the following statemens regarding the UDAN scheme, which is often seen in news:
1. It is applicable on flights which cover between 200 km and 800 km.
2. Under this scheme, government will provide direct subsidy to airlines, instead of passengers.
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.5) Which of the following statements regarding the ‘India Meteorological Department’ is/are correct?
1. It comes under the Department of Science and Technology.
2. It also have an observation station at Antarctica.
Select the correct option using the codes given below.
a) Both are correct
b) 1 only
c) 2 only
d) Neither 1 nor 2

Q.6) With reference to ‘Organization for the Prohibition of Chemical Weapons (OPCW)’, consider the following statements: (CSE: 2016)
1.It is an organization of European Union in working relation with NATO and WHO.
2.It monitors chemical industry to prevent new weapons from emerging.
3.It provides assistance and protection to States (Parties) against chemical weapons threats.
Which of the statements given above is/are correct?
a) 1 only
b) 2 and 3 only
c) 1 and 3 only
d) 1,2 and 3

Q.7) With reference to ‘Pradhan Mantri Fasal Bima Yojana’, consider the following statements: (CSE: 2016)
1.Under this scheme, farmers will have to pay a uniform premium of two percent for any crop they cultivate in any season of the year.
2.This scheme covers post-harvest losses arising out of the cyclones and unseasonal rains.
Which of the statements given above is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 or 2

Q.8) In which of the following regions of India are you most likely to come across the ‘Great Indian Hornbill’ in its nature habitat? (CSE: 2016)
a) Sand deserts of northwest India
b) Higher Himalayas of Jammu and Kashmir
c) Salt marshes of western Gujarat.
d) Western Ghats

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IMPORTANT STUFF: 

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Q.1) Consider the following statements regarding the ‘Council of Scientific and Industrial Research’:
1. It operates as an autonomous body through the Societies Registration Act, 1860.
2. Prime Minister of India is its Chairman.
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.2) Consider the following statements regarding the ‘Hague Convention on the Civil Aspects of International Child Abduction’:
1. The Convention applies only to children under the age of 16.
2. India has ratified, but convention has not entered into force.
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.3) Consider the following statements regarding the ‘Ind-Ra’, which was recently seen in news:
1. It is a credit rating agency.
2. It is a 100% owned subsidiary of the Government of India.
Which of the statements given above is/are correct?
a) 2 only
b) 1 only
c) Neither 1 nor 2
d) Both are correct

Q.4) Which of the following statements regarding the ‘Cabinet Committee on Security’ is/are correct?
1. Minister of External Affairs is also its member.
2. It is chaired by the Minister of Finance.
Select the correct option using the codes given below.
a) 1 ony
b) 2 only
c) Neither 1 nor 2
d) Both are correct

Q.5) ‘Rashtriya Garima Abhiyaan’ is a National campaign to
a) Rehabilitate the homeless and destitute the persons and provide them with suitable sources of livelihood.
b) Release the sex workers from their practice and provide them with alternative sources of livelihood.
c) Eradicate the practice of manual scavenging and rehabilitate the manual scavengers
d) Release the bonded laborers from their bondage and rehabilitate them

Q.6) With reference to the cultural history of medieval India, consider the following statements:
1.Siddhas (sittars) of Tamil region were monotheistic and condemned idolatry.
2.Lingayats of Kannada region questioned the theory of rebirth and rejected the caste hierarchy.
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

Q.7) Which of the following best describes the term ‘import cover’, sometimes seen in the news?
a) It is the ratio of value of imports to the Gross Domestic Product of a country.
b) It is the total value of imports of a country in a year.
c) It is the ratio between the value of exports and that of imports between two countries.
d) It is the number of months of imports that could be paid for by a country’s international reserves.

Q.8) Consider the following pair:
Community sometimes mentioned in the news – In the affairs of
1.Kurd – Bangladesh
2.Madhesi – Nepal
3.Rohingya – Myanmar

Which of the pairs given above is/are correctly matched?
a) 1 and 2
b) 2 only
c) 2 and 3
d) 3 only

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IMPORTANT STUFF: 

1. Daily newscards have been enriched with back2basics and note2students – Make notes daily

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3. Solutions will be uploaded at 11.30 p.m. Click here for Solutions

4. For attempting previous Prelims Daily Questions – Click here

Q.1) Consider the following statements regarding the ‘National Human Rights Commission of India’:
1. The Chairperson and members of the NHRC are appointed by the President of India.
2. The Chairperson of the National Commission for Scheduled Tribes is one of its ex-officio member.
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.2) Consider the following statements regarding the ‘National Green Tribunal’:
1. It was enacted by Supreme Court.
2. The Tribunal has Original Jurisdiction on matters of “substantial question relating to environment.”
Which of the statements given abve is/are correct?
a) Both are correct
b) 2 only
c) 1 only
d) Neither 1 nor 2

Q.3) Consider the following statements regarding the ‘United Nations General Assembly(UNGA)’:
1. It also grants observer status to international organizations.
2. The main source of funds for the regular budget is the contributions of permanent Security Council Members.
Which of the statements given above is/are correct?
a) Neither 1 nor 2
b) Both are correct
c) 2 only
d) 1 only

Q.4) Which of the following are members of ‘Asian Development Bank’?
1. USA
2. Canada
3. South Africa
Select the correct options using the codes given below.
a) 1, 2 and 3
b) 2 and 3 only
c) 1 and 2 only
d) 1 and 3 only

Q.5) Which of the following is/are included in the capital budget of the Government of India?
1.Expenditure on acquisitions of assets like roads, buildings, machinery, etc.
2.Loans received from foreign governments
3.Loans and advances granted to the States and Union Territories

Select the correct answer using the code given below.
a) 1 only
b) 2 and 3 only
c) 1 and 3 only
d) 1, 2 and 3

Q.6) What is/are the importance/importances of the ‘United Nations Convention to Combat Desertification’?
1.It aims to promote effective action through innovative national programmes and supportive international partnerships.
2.It has a special/particular focus on South Asia and North Africa regions, and its Secretariat facilitates the allocation of major portion of financial resources to these regions.
3.It is committed to bottom-up approach, encouraging the participation of local people in combating the desertification.

Select the correct answer using the code given below.
a) 1 only
b) 2 and 3 only
c) 1 and 3 only
d) 1, 2 and 3

Q.7) Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?
a) Rouble
b) Rand
c) Indian Rupee
d) Renminbi

Q.8) With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:
1.IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.
2.The World Bank participates as observer in IMFC’s meetings.
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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