27 October 2018 | Prelims Daily with Previous Year Questions

Q.1) With reference to India’s first engine-less train, Train 18, consider the following statements:

  1. It is a self-propelled engine-less train.
  2. It is 100% manufactured under Make in India Project.
  3. It is faster than Shatabdi Express.

Which of the statements given above is/are correct?

a) All are correct

b) Only 1

c) 1 and 2

d) 2 and 3

Inspired by: India’s first engine-less train set to hit tracks

https://www.civilsdaily.com/news/indias-first-engine-less-train-set-to-hit-tracks/

Q.2) With reference to the Currency Manipulator List by the US, consider the following statements:

  1. As one of the criteria, a country should have bilateral trade surplus with the US is one that is at least $20 billion.
  2. Presently India, China, Japan, South Korea, Germany and Switzerland are designated in this list.

Which of the statements given above is/are correct?

a) Both 1 and 2

b) Only 1

c) Only 2

d) Neither 1 nor 2

Inspired by: Explained: How a country gets a currency manipulator tag

https://www.civilsdaily.com/news/explained-how-a-country-gets-a-currency-manipulator-tag/

Q.3) The Malik Mazhar Sultan case is related to:

a) Setting up of Fast Track Courts

b) Speedy trial of Rape Cases

c) Vacancy of Judges

d) Pendency of Cases

Inspired by: SC fast-tracks judge selection process

Times of India

Q.4) World Development Information Day is instituted by:

a) United Nations

b) WTO

c) World Bank

d) IMF

Inspired by: World Development Information Day: Why is it important?

India Today

Q.5) Which of the following best describes the term “Merchant Discount Rate” sometimes seen in news?

a) The incentive given by a bank to a merchant for accepting payments through debit cards pertaining to that bank.

b) The amount paid back by banks to their customers when they use debit cards for financial transactions for purchasing goods or services.

c) The charge to a merchant by a bank for accepting payments from his customers through the bank’s debit cards.

d) The incentive given by the Government to merchants for promoting digital payments by their customers through Point of Sale (PoS) machine and debit cards.

Inspired by: CSP 2018

 

 

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