Which of the following come under the definition of Non-banking financial institutions (NBFI) in India?
1. Export-Import Bank of India (EXIM)
2. National Bank for Agriculture and Rural Development (NABARD)
3. Small Industries Development
Bank of India (SIDBI)
Choose the correct answer using the codes below
(a) Only 1 and 2
(b) Only 2 and 3
(c) 1 Only
(d) All
Ans: all of the above
Q1: ‘Access’, ‘Reserve’, and ‘Watch’ categorisation,
recently in the news, were seen in the context of
a) World Health Organisation’s list of essential medicines
b) World Trade Organisation’s member countries’ performance on adherence to and progress in implementing TRIPS provisions
c) Comprehensive Convention on International Terrorism
d) Pre-stage membership to the Nuclear Suppliers’ Group
Solution: a.
In an effort to curb antibiotic resistance, the World
Health Organization (WHO) has divided the drugs into
three categories — access, watch and reserve —
specifying which are to be used for common ailments
and which are to be kept for complicated diseases. This
is the biggest revision of the antibiotics section in the
40-year history of the essential medicines list
Q2: “Mission Innovation”, a global initiative, seeks to
a) Develop solutions to the most pressing social problems across democracies
b) Promote research particularly in areas of efficient energy storage systems
c) Accelerate clean energy innovation
d) Revolutionise space technology, with the ultimate goal of enabling people to
live on other planets
Solution: c.
Mission Innovation (MI) is a global initiative of 22 countries and the European Union to dramatically accelerate global clean energy innovation.
As part of the initiative, participating countries have
committed to double their governments’ clean energy research and development (R&D) investments over five years, while encouraging
greater levels of private sector investment in transformative clean energy technologies
Q3: The Green Climate Fund has been established by the
a) World Bank
b) United Nations Convention on Biological Diversity
c) United Nations Framework
Convention on Climate Change
d) Bonn Convention
Solution: c.
At COP 16 held in Cancun, Parties established the
Green Climate Fund (GCF) as an operating entity of the Financial Mechanism of the Convention.
The Fund is governed by the GCF Board and it is accountable to and functions under the guidance of the COP to support projects, programmes, policies and other activities in developing country Parties using thematic funding window.
Q4: The term ‘Core Industries’ is sometimes seen in the news. Consider the following
about core industries.
1. Coal
2. Cement
3. Steel
4. Textiles
5. Agro-processing
6. Electricity
Which of the above industries are part of core industries?
(a) 1, 2 and 3 only
(b) 1, 2, 3 and 6 only
(c) 4, 5 and 6 only
(d) 2, 3, 4, 5 and 6 only
ANS: B
There are 8 industries, which are part of core industries in India.
They are Coal, Crude Oil,
Natural Gas, Petroleum Refinery Products, Fertilizers, Steel, Cement and Electricity
Q5: Consider the following statements regarding National Intellectual Property Rights (IPR) policy, 2016.
1. It encourages commercialization of IPRs.
2. It rejects the WTO enforced TRIPS agreement.
3. Ministry of finance is the nodal agency for all IPR issues.
Which of the above statements is/are correct?
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) All the above
ANS: A
The policy lays down seven objectives. They are
1. To create public awareness about the economic, social and cultural benefits of IPRs among all sections of society.
2. To stimulate the generation of IPRs.
3. To have strong and effective IPR laws, which balance the interests of rights owners with large public interest.
4. To modernize and strengthen service oriented IPR administration.
5. Commercialization of IPRs - Get value for IPRs through commercialization.
6. To strengthen the enforcement and
adjudicatory mechanisms for combating IPR infringements.
7. To strengthen and expand human resources, institutions and capacities for teaching, training, research and skill
building in IPRs
Statement 2 is incorrect
The policy is entirely compliant with TRIPS agreement.
Statement 3 is incorrect
The department of industrial policy and promotion (DIPP) is the nodal agency for all IPR issues and it comes under Ministry of Commerce and industry.
Copyrights related issues would also now come under DIPP’s ambit, which was previously under the ambit of the Human Resource Development (HRD) Ministry.
Q6: Consider the following statements in context of World Trade Organisation (WTO).
1. India is a founder member of WTO and is also treated as the part of developing countries group.
2. Uruguay Round of GATT
negotiations led to the
establishment of World Trade
Organisation in 2005.
3. It is the only global international organization dealing with the rules
of trade between nations.
Which of the statements given above is/are correct?
(a) 1 and 2
(b) 2 and 3
(c) 1 and 3
(d) All of the above
ANS: C
India is a founder member of World Trade Organizations and also treated as the part of developing countries group for accessing the concessions granted by the organization.
Statement 2 is incorrect as one of the key achievements of the Uruguay Round of GATT negotiations was the decision to set up a permanent institution for looking after the promotion of free and fair trade
amongst nations.
The GATT was transformed into World Trade Organisation
(WTO) with effect from 1st January 1995.
The headquarter of WTO is situated at Geneva, Switzerland. The present strength is 164.
Statement 3 is correct as WTO governs trade not only in goods, but also in services and intellectual property rights.
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading
nations and ratified in their parliaments. The goal is to ensure that trade flows as smoothly, predictably and freely as possible.
Consider the following statements regarding National Intellectual Property Rights (IPR) policy, 2016.
1. It encourages commercialization of IPRs.
2. It rejects the WTO enforced TRIPS agreement.
3. Ministry of finance is the nodal agency for all IPR issues.
Which of the above statements is/are correct?
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) All the above
ANS: A
The policy lays down seven objectives. They are
1. To create public awareness about the economic, social and cultural benefits of IPRs among all sections of society.
2. To stimulate the generation of IPRs.
3. To have strong and effective IPR laws, which balance the interests of rights owners with large public interest.
4. To modernize and strengthen service oriented IPR administration.
5. Commercialization of IPRs - Get value for IPRs through commercialization.
6. To strengthen the enforcement and
adjudicatory mechanisms for combating IPR infringements.
7. To strengthen and expand human resources, institutions and capacities for teaching, training, research and skill
building in IPRs
Statement 2 is incorrect
The policy is entirely compliant with TRIPS agreement.
Statement 3 is incorrect
The department of industrial policy and promotion (DIPP) is the nodal agency for all IPR issues and it comes under Ministry of Commerce and industry.
Copyrights related issues would also now come under DIPP’s ambit, which was previously under the ambit of the Human Resource Development (HRD) Ministry.
(1) Following are features in a Karst Landforms:
1. Lapies
2. Dolinas
3. Stalagamites
4. Poljes
Choose the erosional feature from following choices:
a) 1, 2 and 3
b) 2, 3 and 4
c) 1, 2 and 4
d) 1, 2, 3 and 4
(2) Consider the following about‘Buddhist Scholars’
1. Nagarjuna founded the Madhyamika school of Hinayana
Buddhism.2. Asanga & Vasubandhu were proponents of Yogachara and
Abhidhamma Teachings.3. Buddhaghosuppatti was a work of Buddhaghosa.
4. Work of Vasubandhu was Abhidharmamoksha
Which of the following statements are correct
a. 2 and 4
b. 1, 2 and 3
c. 2 and 3
d. All are true.
(3) Consider the following statements regarding peninsular river system.
1. The peninsular drainage system is older than Himalayan Rivers.
2. Krishna is the second largest west flowing peninsular River.
3. Luni finally debouches in to the Arabian Sea nearby Rann of Kachchh.
Which of the statements given above is/are correct?
A. 1 Only
B. 1 and 2 Only
C. 1 and 3 Only
D. 1, 2 and 3
(4) Who had been the first to emphasise the instruction in literature and science through the English Language was essential for building a modern India?
a. Ishwar Chandra Vidyasagar
b. GK Gokhale
c. Raj Ram Mohun Roy
d. MM Malaviya
(5) “To protect monuments, places and objects of artistic or historic interest which are declared to be of national importance”, is
present in which part of the constitution
A. Fundamental Right
B. Fundamental Duties
C. Directive Principles of State Policy
D. None of the above
(6) With reference to Seshachalam Biosphere Reserve, sometimes seen in news, consider the following statements:
1. It is located in the the hill ranges of Eastern Ghats in southern Andhra Pradesh
2. Red sanders is a dominant tree variety found in the Reserve
Which of the statements given above is/are correct?
A. 1 Only
B. 2 Only
C. Both
D. None
(7) Consider the following about Attorney General of India
a) The term of office is fixed
b) To give advice to the Government of India upon such legal matters, which are referred to him by the president
c) he has the right to speak and to take part in the proceedings of both the Houses of Parliament or their joint sitting
Which of the following are correct?
A. a and b
B. Only b
C. b and c
D. a, b and c
(8) Government of India encourages the cultivation of ‘Jatropha’. What is the importance of this plant?
1. It is a rich source of biodiesel and produces high protein manure.
2.It is pest resistant, easily propagated, has a low gestation period and has a high seed yield and oil content.
3. It is well adapted to thrive under a wide range of physiographic and climatic conditions
Which of the statements given above is/are correct?
a. 1 Only
b. 2 and 3 Only
c. 1, 2 and 3 Only
d. None
(9) Which among the following is/are the advantages of thorium based nuclear reactors over the uranium based nuclear reactors?
1. They produce less waste than uranium based nuclear reactors.
2. Thorium is more abundant in earth’s crust than uranium.
3. They are cheaper than uranium based reactors.
Select the correct answer using the code given below.
a. 1 Only
b. 1 and 2 Only
c. 2 and 3 Only
d. 1, 2 and 3
(10) With reference to foreign portfolio investments (FPI), consider the following statements:
1. FPIs are more volatile than loans from International Financial
Institutions.2. Foreign Direct Investments are part of FPIs.
Which of the statements given above is/are incorrect?
(a) 1 Only
(b) 2 Only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answers of that👆 10 Questions 👇👇👇
Q1. C
Q2. A
Q3. C
Q4. C
Q5. C
Q6. C
Q7. C
Q8. C
Q9. D
Q10. B
1. Export-Import Bank of India (EXIM)
2. National Bank for Agriculture and Rural Development (NABARD)
3. Small Industries Development
Bank of India (SIDBI)
Choose the correct answer using the codes below
(a) Only 1 and 2
(b) Only 2 and 3
(c) 1 Only
(d) All
Ans: all of the above
Q1: ‘Access’, ‘Reserve’, and ‘Watch’ categorisation,
recently in the news, were seen in the context of
a) World Health Organisation’s list of essential medicines
b) World Trade Organisation’s member countries’ performance on adherence to and progress in implementing TRIPS provisions
c) Comprehensive Convention on International Terrorism
d) Pre-stage membership to the Nuclear Suppliers’ Group
Solution: a.
In an effort to curb antibiotic resistance, the World
Health Organization (WHO) has divided the drugs into
three categories — access, watch and reserve —
specifying which are to be used for common ailments
and which are to be kept for complicated diseases. This
is the biggest revision of the antibiotics section in the
40-year history of the essential medicines list
Q2: “Mission Innovation”, a global initiative, seeks to
a) Develop solutions to the most pressing social problems across democracies
b) Promote research particularly in areas of efficient energy storage systems
c) Accelerate clean energy innovation
d) Revolutionise space technology, with the ultimate goal of enabling people to
live on other planets
Solution: c.
Mission Innovation (MI) is a global initiative of 22 countries and the European Union to dramatically accelerate global clean energy innovation.
As part of the initiative, participating countries have
committed to double their governments’ clean energy research and development (R&D) investments over five years, while encouraging
greater levels of private sector investment in transformative clean energy technologies
Q3: The Green Climate Fund has been established by the
a) World Bank
b) United Nations Convention on Biological Diversity
c) United Nations Framework
Convention on Climate Change
d) Bonn Convention
Solution: c.
At COP 16 held in Cancun, Parties established the
Green Climate Fund (GCF) as an operating entity of the Financial Mechanism of the Convention.
The Fund is governed by the GCF Board and it is accountable to and functions under the guidance of the COP to support projects, programmes, policies and other activities in developing country Parties using thematic funding window.
Q4: The term ‘Core Industries’ is sometimes seen in the news. Consider the following
about core industries.
1. Coal
2. Cement
3. Steel
4. Textiles
5. Agro-processing
6. Electricity
Which of the above industries are part of core industries?
(a) 1, 2 and 3 only
(b) 1, 2, 3 and 6 only
(c) 4, 5 and 6 only
(d) 2, 3, 4, 5 and 6 only
ANS: B
There are 8 industries, which are part of core industries in India.
They are Coal, Crude Oil,
Natural Gas, Petroleum Refinery Products, Fertilizers, Steel, Cement and Electricity
Q5: Consider the following statements regarding National Intellectual Property Rights (IPR) policy, 2016.
1. It encourages commercialization of IPRs.
2. It rejects the WTO enforced TRIPS agreement.
3. Ministry of finance is the nodal agency for all IPR issues.
Which of the above statements is/are correct?
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) All the above
ANS: A
The policy lays down seven objectives. They are
1. To create public awareness about the economic, social and cultural benefits of IPRs among all sections of society.
2. To stimulate the generation of IPRs.
3. To have strong and effective IPR laws, which balance the interests of rights owners with large public interest.
4. To modernize and strengthen service oriented IPR administration.
5. Commercialization of IPRs - Get value for IPRs through commercialization.
6. To strengthen the enforcement and
adjudicatory mechanisms for combating IPR infringements.
7. To strengthen and expand human resources, institutions and capacities for teaching, training, research and skill
building in IPRs
Statement 2 is incorrect
The policy is entirely compliant with TRIPS agreement.
Statement 3 is incorrect
The department of industrial policy and promotion (DIPP) is the nodal agency for all IPR issues and it comes under Ministry of Commerce and industry.
Copyrights related issues would also now come under DIPP’s ambit, which was previously under the ambit of the Human Resource Development (HRD) Ministry.
Q6: Consider the following statements in context of World Trade Organisation (WTO).
1. India is a founder member of WTO and is also treated as the part of developing countries group.
2. Uruguay Round of GATT
negotiations led to the
establishment of World Trade
Organisation in 2005.
3. It is the only global international organization dealing with the rules
of trade between nations.
Which of the statements given above is/are correct?
(a) 1 and 2
(b) 2 and 3
(c) 1 and 3
(d) All of the above
ANS: C
India is a founder member of World Trade Organizations and also treated as the part of developing countries group for accessing the concessions granted by the organization.
Statement 2 is incorrect as one of the key achievements of the Uruguay Round of GATT negotiations was the decision to set up a permanent institution for looking after the promotion of free and fair trade
amongst nations.
The GATT was transformed into World Trade Organisation
(WTO) with effect from 1st January 1995.
The headquarter of WTO is situated at Geneva, Switzerland. The present strength is 164.
Statement 3 is correct as WTO governs trade not only in goods, but also in services and intellectual property rights.
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading
nations and ratified in their parliaments. The goal is to ensure that trade flows as smoothly, predictably and freely as possible.
Consider the following statements regarding National Intellectual Property Rights (IPR) policy, 2016.
1. It encourages commercialization of IPRs.
2. It rejects the WTO enforced TRIPS agreement.
3. Ministry of finance is the nodal agency for all IPR issues.
Which of the above statements is/are correct?
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) All the above
ANS: A
The policy lays down seven objectives. They are
1. To create public awareness about the economic, social and cultural benefits of IPRs among all sections of society.
2. To stimulate the generation of IPRs.
3. To have strong and effective IPR laws, which balance the interests of rights owners with large public interest.
4. To modernize and strengthen service oriented IPR administration.
5. Commercialization of IPRs - Get value for IPRs through commercialization.
6. To strengthen the enforcement and
adjudicatory mechanisms for combating IPR infringements.
7. To strengthen and expand human resources, institutions and capacities for teaching, training, research and skill
building in IPRs
Statement 2 is incorrect
The policy is entirely compliant with TRIPS agreement.
Statement 3 is incorrect
The department of industrial policy and promotion (DIPP) is the nodal agency for all IPR issues and it comes under Ministry of Commerce and industry.
Copyrights related issues would also now come under DIPP’s ambit, which was previously under the ambit of the Human Resource Development (HRD) Ministry.
(1) Following are features in a Karst Landforms:
1. Lapies
2. Dolinas
3. Stalagamites
4. Poljes
Choose the erosional feature from following choices:
a) 1, 2 and 3
b) 2, 3 and 4
c) 1, 2 and 4
d) 1, 2, 3 and 4
(2) Consider the following about‘Buddhist Scholars’
1. Nagarjuna founded the Madhyamika school of Hinayana
Buddhism.2. Asanga & Vasubandhu were proponents of Yogachara and
Abhidhamma Teachings.3. Buddhaghosuppatti was a work of Buddhaghosa.
4. Work of Vasubandhu was Abhidharmamoksha
Which of the following statements are correct
a. 2 and 4
b. 1, 2 and 3
c. 2 and 3
d. All are true.
(3) Consider the following statements regarding peninsular river system.
1. The peninsular drainage system is older than Himalayan Rivers.
2. Krishna is the second largest west flowing peninsular River.
3. Luni finally debouches in to the Arabian Sea nearby Rann of Kachchh.
Which of the statements given above is/are correct?
A. 1 Only
B. 1 and 2 Only
C. 1 and 3 Only
D. 1, 2 and 3
(4) Who had been the first to emphasise the instruction in literature and science through the English Language was essential for building a modern India?
a. Ishwar Chandra Vidyasagar
b. GK Gokhale
c. Raj Ram Mohun Roy
d. MM Malaviya
(5) “To protect monuments, places and objects of artistic or historic interest which are declared to be of national importance”, is
present in which part of the constitution
A. Fundamental Right
B. Fundamental Duties
C. Directive Principles of State Policy
D. None of the above
(6) With reference to Seshachalam Biosphere Reserve, sometimes seen in news, consider the following statements:
1. It is located in the the hill ranges of Eastern Ghats in southern Andhra Pradesh
2. Red sanders is a dominant tree variety found in the Reserve
Which of the statements given above is/are correct?
A. 1 Only
B. 2 Only
C. Both
D. None
(7) Consider the following about Attorney General of India
a) The term of office is fixed
b) To give advice to the Government of India upon such legal matters, which are referred to him by the president
c) he has the right to speak and to take part in the proceedings of both the Houses of Parliament or their joint sitting
Which of the following are correct?
A. a and b
B. Only b
C. b and c
D. a, b and c
(8) Government of India encourages the cultivation of ‘Jatropha’. What is the importance of this plant?
1. It is a rich source of biodiesel and produces high protein manure.
2.It is pest resistant, easily propagated, has a low gestation period and has a high seed yield and oil content.
3. It is well adapted to thrive under a wide range of physiographic and climatic conditions
Which of the statements given above is/are correct?
a. 1 Only
b. 2 and 3 Only
c. 1, 2 and 3 Only
d. None
(9) Which among the following is/are the advantages of thorium based nuclear reactors over the uranium based nuclear reactors?
1. They produce less waste than uranium based nuclear reactors.
2. Thorium is more abundant in earth’s crust than uranium.
3. They are cheaper than uranium based reactors.
Select the correct answer using the code given below.
a. 1 Only
b. 1 and 2 Only
c. 2 and 3 Only
d. 1, 2 and 3
(10) With reference to foreign portfolio investments (FPI), consider the following statements:
1. FPIs are more volatile than loans from International Financial
Institutions.2. Foreign Direct Investments are part of FPIs.
Which of the statements given above is/are incorrect?
(a) 1 Only
(b) 2 Only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answers of that👆 10 Questions 👇👇👇
Q1. C
Q2. A
Q3. C
Q4. C
Q5. C
Q6. C
Q7. C
Q8. C
Q9. D
Q10. B
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