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Question 1 of 5
1. Question
1 pointsWhich of the statement is/are correct about Financial Action Task Force?
1. FATF is an intergovernmental organization founded in 1989 on the initiative of the G20 countries.
2. The FATF Secretariat is housed at the OECD headquarters in Paris.Select the correct answer using the code below:
Correct
What is the FATF?
FATF is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.
The FATF Secretariat is housed at the OECD headquarters in Paris.
It holds three Plenary meetings in the course of each of its 12-month rotating presidencies.Incorrect
What is the FATF?
FATF is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.
The FATF Secretariat is housed at the OECD headquarters in Paris.
It holds three Plenary meetings in the course of each of its 12-month rotating presidencies. -
Question 2 of 5
2. Question
1 pointsPyrolysis process best describes as:
Correct
Explanation:
Pyrolysis is the thermal decomposition of materials at elevated temperatures in an inert atmosphere.
It involves a change in chemical composition. The word is coined from the Greek-derived elements pyro “fire” and lysis “separating”.
It is most commonly used in the treatment of organic materials. It is one of the processes involved in charring wood.
It is considered as the first step in the processes of gasification or combustion.
How does it work?
In general, pyrolysis of organic substances produces volatile products and leaves a solid residue enriched in carbon, char.
Extreme pyrolysis, which leaves mostly carbon as the residue, is called carbonization.
The process is used heavily in the chemical industry, for example, to produce ethylene, many forms of carbon, and other chemicals from petroleum, coal, and even wood, to produce coke from coal.
Applications
Aspirational applications of pyrolysis would convert biomass into syngas and biochar, waste plastics back into usable oil, or waste into safely disposable substances.Incorrect
Explanation:
Pyrolysis is the thermal decomposition of materials at elevated temperatures in an inert atmosphere.
It involves a change in chemical composition. The word is coined from the Greek-derived elements pyro “fire” and lysis “separating”.
It is most commonly used in the treatment of organic materials. It is one of the processes involved in charring wood.
It is considered as the first step in the processes of gasification or combustion.
How does it work?
In general, pyrolysis of organic substances produces volatile products and leaves a solid residue enriched in carbon, char.
Extreme pyrolysis, which leaves mostly carbon as the residue, is called carbonization.
The process is used heavily in the chemical industry, for example, to produce ethylene, many forms of carbon, and other chemicals from petroleum, coal, and even wood, to produce coke from coal.
Applications
Aspirational applications of pyrolysis would convert biomass into syngas and biochar, waste plastics back into usable oil, or waste into safely disposable substances. -
Question 3 of 5
3. Question
1 pointsWith reference to the Higher Education Financing Agency (HEFA), consider the following statements:
1. HEFA is a joint venture company of Canara Bank and Ministry of Human Resource Development.
2. All the Centrally Funded Higher Educational Institutions will be eligible to join as members of the HEFA.Which of the statement given above is/are correct?
Correct
Explanation:
About HEFA
HEFA is a joint venture company of Canara Bank and Ministry of Human Resource Development.
It provides financial assistance for the creation of educational infrastructure and R&D in India’s premier educational institutions.
All the Centrally Funded Higher Educational Institutions will be eligible to join as members of the HEFA.
For joining as members, the educational institution must agree to escrow a specific amount from their internal accruals for a period of 10 years to the HEFA.
Funding pattern of HEFA
HEFA will have an authorized capital of 2,000 crore rupees and the government equity would be 1,000 crore
It also mobilizes CSR funds from Corporates/PSUs which will, in turn, be released for promoting research and innovation in these institutions on a grant basis.
The principal portion of the loan will be repaid through the ‘internal accruals’ of the institutions earned through the fee receipts, research earnings etc.Incorrect
Explanation:
About HEFA
HEFA is a joint venture company of Canara Bank and Ministry of Human Resource Development.
It provides financial assistance for the creation of educational infrastructure and R&D in India’s premier educational institutions.
All the Centrally Funded Higher Educational Institutions will be eligible to join as members of the HEFA.
For joining as members, the educational institution must agree to escrow a specific amount from their internal accruals for a period of 10 years to the HEFA.
Funding pattern of HEFA
HEFA will have an authorized capital of 2,000 crore rupees and the government equity would be 1,000 crore
It also mobilizes CSR funds from Corporates/PSUs which will, in turn, be released for promoting research and innovation in these institutions on a grant basis.
The principal portion of the loan will be repaid through the ‘internal accruals’ of the institutions earned through the fee receipts, research earnings etc. -
Question 4 of 5
4. Question
1 pointsConsider the following statement with reference to Swadesh Darshan Scheme.
1. Swadesh Darshan Scheme is one of the centrally sponsored schemes of the Ministry of Tourism
2. Development of North East Circuit: Imphal & Khongjom” is the first project implemented under the Scheme.Which of the statement given above is/are correct?
Correct
Explanation:
Swadesh Darshan Scheme
Swadesh Darshan Scheme is one of the flagship schemes of the Ministry of Tourism, for development of thematic circuits in the country in a planned and prioritized manner.
The scheme was launched in 2014 -15 as a Central Sector Scheme.
It aims for integrated development of theme-based tourist circuits in the country.
Under the scheme, the identified thematic circuits for development are: North-East Circuit, Buddhist Circuit, Himalayan Circuit, Coastal Circuit, Krishna Circuit, Desert Circuit, Tribal Circuit, Eco Circuit, Wildlife Circuit, Rural Circuit, Spiritual Circuit, Ramayana Circuit, Heritage Circuit, Sufi Circuit, and Tirthankara Circuit.
“Development of North East Circuit: Imphal & Khongjom” is the first project implemented under the Scheme.Incorrect
Explanation:
Swadesh Darshan Scheme
Swadesh Darshan Scheme is one of the flagship schemes of the Ministry of Tourism, for development of thematic circuits in the country in a planned and prioritized manner.
The scheme was launched in 2014 -15 as a Central Sector Scheme.
It aims for integrated development of theme-based tourist circuits in the country.
Under the scheme, the identified thematic circuits for development are: North-East Circuit, Buddhist Circuit, Himalayan Circuit, Coastal Circuit, Krishna Circuit, Desert Circuit, Tribal Circuit, Eco Circuit, Wildlife Circuit, Rural Circuit, Spiritual Circuit, Ramayana Circuit, Heritage Circuit, Sufi Circuit, and Tirthankara Circuit.
“Development of North East Circuit: Imphal & Khongjom” is the first project implemented under the Scheme. -
Question 5 of 5
5. Question
1 pointsConsider the following statements:
1. The Speaker of the Legislative Assembly Shall vacate his/her office if he/she ceases to be a member of the Assembly.
2. Whenever the Legislative Assembly is dissolved, the Speaker shall vacate his/her immediately.Which of the statements given above is/are correct?
Correct
Explanation: The Speaker of the Legislative Assembly shall vacate his/her office if:
1. He/she ceases to be member of the assembly.
2. He/she resigns by writing to be deputy speaker.
3. He/she is removed by a resolution passed by a majority of all the present members of the assembly.
Such resolution can be brought only after giving 14 days advance notice.
The Speaker does not vacate his office on the dissolution of the Assembly. He continues holding office, until immediately before the first meeting of the Assembly after dissolution. The Speaker and the Deputy Speaker are paid such salaries and allowances as may be fixed by the State Legislature by law. Their salaries are not votable as they are charged on the Consolidated Fund of the State.
Incorrect
Explanation: The Speaker of the Legislative Assembly shall vacate his/her office if:
1. He/she ceases to be member of the assembly.
2. He/she resigns by writing to be deputy speaker.
3. He/she is removed by a resolution passed by a majority of all the present members of the assembly.
Such resolution can be brought only after giving 14 days advance notice.
The Speaker does not vacate his office on the dissolution of the Assembly. He continues holding office, until immediately before the first meeting of the Assembly after dissolution. The Speaker and the Deputy Speaker are paid such salaries and allowances as may be fixed by the State Legislature by law. Their salaries are not votable as they are charged on the Consolidated Fund of the State.
Leaderboard: 04th Aug 2020 | Prelims Daily with Previous Year Questions
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