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Question 1 of 5
1. Question
1 points- Bosporus strait connects the Black Sea with the Sea of Marmara.
- Dardanelles strait connects the Sea of Marmara to the Aegean Sea.
Which of the above statements is/are correct?
Correct
https://indianexpress.com/article/explained/what-recep-tayyip-erdogan-remarks-on-kashmir-mean-battle-of-canakkale-gallipoli-6273205/
Both statements are correct.
In March 1915, with the World War 1 in Europe stalemated in the trenches, Winston Churchill, then Britain’s First Lord of the Admiralty, devised a plan to take control of the Dardanelles, the strategic strait connecting the Sea of Marmara to the Aegean Sea and the Mediterranean Sea, and thus reach Constantinople (today’s Istanbul) at the mouth of the Bosporus.Incorrect
https://indianexpress.com/article/explained/what-recep-tayyip-erdogan-remarks-on-kashmir-mean-battle-of-canakkale-gallipoli-6273205/
Both statements are correct.
In March 1915, with the World War 1 in Europe stalemated in the trenches, Winston Churchill, then Britain’s First Lord of the Admiralty, devised a plan to take control of the Dardanelles, the strategic strait connecting the Sea of Marmara to the Aegean Sea and the Mediterranean Sea, and thus reach Constantinople (today’s Istanbul) at the mouth of the Bosporus. -
Question 2 of 5
2. Question
1 pointsConsider the following with respect to participatory notes-
- Participatory notes are issued by SEBI.
- SEBI has no jurisdiction over participatory note trading.
- The investor is eligible to receive dividends, capital gains and any other payouts due to stockholders holding the shares of the Indian company.
Which of the above statements is/are correct?
Correct
https://www.investopedia.com/terms/p/participatorynotes.asp
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
SEBI has no jurisdiction over participatory note trading. Although foreign institutional investors must register with the Indian regulatory board, the participatory notes trading among foreign institutional investors are not recorded. Officials fear this practice may lead to the P-Notes being used for money laundering or other illegal activity.
The investor is eligible to receive dividends, capital gains and any other payouts due to stockholders holding the shares of the Indian company. The FII reports all of its issuances each quarter to the Indian regulators, but as per law, it does not disclose the identity of the actual investor.Incorrect
https://www.investopedia.com/terms/p/participatorynotes.asp
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
SEBI has no jurisdiction over participatory note trading. Although foreign institutional investors must register with the Indian regulatory board, the participatory notes trading among foreign institutional investors are not recorded. Officials fear this practice may lead to the P-Notes being used for money laundering or other illegal activity.
The investor is eligible to receive dividends, capital gains and any other payouts due to stockholders holding the shares of the Indian company. The FII reports all of its issuances each quarter to the Indian regulators, but as per law, it does not disclose the identity of the actual investor. -
Question 3 of 5
3. Question
1 pointsThe government has unveiled SUTRA PIC programme to research on cows. Consider the following statements about it-
- It has been unveiled by the Ministry of Agriculture and Farmers’ Welfare.
- It involves research on indigenous cows as well as exotic cows.
- Indian Council of Medical Research is one of the partners in the programme.
Which of the above statements is/are correct?
Correct
https://www.civilsdaily.com/news/sutra-pic-india-programme/
Only 3 is correct.
SUTRA PIC stands for Scientific Utilization Through Research Augmentation-Prime Products from Indigenous Cows.
To be funded by multiple scientific ministries, the initiative, SUTRA PIC, is led by the Department of Science and Technology (DST).
It has the Department of Biotechnology, the CSIR, the Ministry for AYUSH (Ayurveda, Unani, Siddha, Homoeopathy) among others and the Indian Council of Medical Research as partners.
Incorrect
https://www.civilsdaily.com/news/sutra-pic-india-programme/
Only 3 is correct.
SUTRA PIC stands for Scientific Utilization Through Research Augmentation-Prime Products from Indigenous Cows.
To be funded by multiple scientific ministries, the initiative, SUTRA PIC, is led by the Department of Science and Technology (DST).
It has the Department of Biotechnology, the CSIR, the Ministry for AYUSH (Ayurveda, Unani, Siddha, Homoeopathy) among others and the Indian Council of Medical Research as partners.
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Question 4 of 5
4. Question
1 points- RBI follows January-December accounting year.
- The Bimal Jalan Committee on Economic Capital Framework (EFC) had suggested change in the RBI accounting year.
Which of the above statements is/are correct?
Correct
https://www.civilsdaily.com/news/rbis-accounting-year/
When it commenced operations on April 1, 1935, with Sir Osborne Smith as its first Governor, the RBI followed a January-December accounting year.
On March 11, 1940, however, the bank changed its accounting year to July-June.
The Bimal Jalan Committee on Economic Capital Framework (ECF) of the RBI had proposed a more transparent presentation of the RBI’s annual accounts, and a change in its accounting year to April-March from the financial year 2020-21.
Incorrect
https://www.civilsdaily.com/news/rbis-accounting-year/
When it commenced operations on April 1, 1935, with Sir Osborne Smith as its first Governor, the RBI followed a January-December accounting year.
On March 11, 1940, however, the bank changed its accounting year to July-June.
The Bimal Jalan Committee on Economic Capital Framework (ECF) of the RBI had proposed a more transparent presentation of the RBI’s annual accounts, and a change in its accounting year to April-March from the financial year 2020-21.
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Question 5 of 5
5. Question
1 pointsConsider the following pairs:
Glacier : River
- Bandarpunch : Yamuna
- Bara Shigri : Chenab
- Milam : Mandakini
- Siachen : Nubra
- Zemu Manas
Which of the pairs given above are correctly matched?
Correct
Bandarpunch is located at the western edge of the High Himalayan Range. It is part of the Sankari Range and lies within the Govind Pashu Vihar National Park and Sanctuary. It is a major watershed for the headwaters of the Yamuna River, whose source lies above Yamnotri, on the west end of the massif below White Peak.
Bara -Sigri glacier which is the second-longest glacier in Himalaya after Gangotri, is located in the Chandra Valley of Lahaul. The glacier feeds the Chenab River.
Milam Glacier is a major glacier of the Kumaon Himalaya. It is a part of the Pithoragarh district of Uttarakhand, India, about 15 kilometres (9 mi) northeast of Nanda Devi. Mandakini is a tributary of the Alaknanda River which originates from the Chorabari Glacier near Kedarnath in Uttarakhand, India.
Siachen Glacier is located in the eastern Karakoram range in the Himalayas. The glacier’s melting waters are the main source of the Nubra River in the Indian region of Ladakh, which drains into the Shyok River
Zemu Glacier is the largest glacier in the Eastern Himalaya. It is located at the base of Kangchenjunga in the Himalayan region of Sikkim, India. Manas River is a transboundary river in the Himalayan foothills between southern Bhutan and India.
Incorrect
Bandarpunch is located at the western edge of the High Himalayan Range. It is part of the Sankari Range and lies within the Govind Pashu Vihar National Park and Sanctuary. It is a major watershed for the headwaters of the Yamuna River, whose source lies above Yamnotri, on the west end of the massif below White Peak.
Bara -Sigri glacier which is the second-longest glacier in Himalaya after Gangotri, is located in the Chandra Valley of Lahaul. The glacier feeds the Chenab River.
Milam Glacier is a major glacier of the Kumaon Himalaya. It is a part of the Pithoragarh district of Uttarakhand, India, about 15 kilometres (9 mi) northeast of Nanda Devi. Mandakini is a tributary of the Alaknanda River which originates from the Chorabari Glacier near Kedarnath in Uttarakhand, India.
Siachen Glacier is located in the eastern Karakoram range in the Himalayas. The glacier’s melting waters are the main source of the Nubra River in the Indian region of Ladakh, which drains into the Shyok River
Zemu Glacier is the largest glacier in the Eastern Himalaya. It is located at the base of Kangchenjunga in the Himalayan region of Sikkim, India. Manas River is a transboundary river in the Himalayan foothills between southern Bhutan and India.
http://www.arthapedia.in/index.php?title=Participatory_Notes_(PNs)
Regulation of PNs
PNs are market instruments that are created and traded overseas. Hence, Indian regulators cannot ban the issue of PNs. However, they can only be regulated, and they are indeed being regulated by the securities market regulator in India, SEBI. When a PN is traded on an overseas exchange, the regulator in that jurisdiction would be the authority to regulate that trade.
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