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Question 1 of 5
1. Question
1 pointsWhich of the following statements regarding Dividend Distribution Tax is/are correct?
1. Dividend Distribution Tax (DDT) is the tax imposed by the Government on domestic companies which pay dividends to their investors.
2. It is not applicable on mutual funds.
Select the correct answer using the codes given belowCorrect
Statement 1 is correct while statement 2 is incorrect.
Dividend distribution tax is the tax imposed by the Indian Government on Indian companies according to the dividend paid to a company’s investors.
Dividend distribution tax is also applicable on mutual funds.Incorrect
Statement 1 is correct while statement 2 is incorrect.
Dividend distribution tax is the tax imposed by the Indian Government on Indian companies according to the dividend paid to a company’s investors.
Dividend distribution tax is also applicable on mutual funds. -
Question 2 of 5
2. Question
1 pointsConsider the following statements regarding New Development Bank
1. The New Development Bank (NDB) is a multilateral development bank established by the BRICS states.
2. India is the second largest shareholder of the NDB.
Which of the statements given above is/are correct?Correct
Statement 1 is correct while statement 2 is incorrect.
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa).
“The Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments.” Moreover, the NDB “shall cooperate with international organizations and other financial entities, and provide technical assistance for projects to be supported by the Bank.”
The authorized capital for NDB is $100 Billion while initial subscribed capital is $50 billion. Initial subscribed capital was equally distributed among the founding members {$10 billion each}. Voting power of each member is equal to the number of its subscribed shares in capital stock.Incorrect
Statement 1 is correct while statement 2 is incorrect.
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa).
“The Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments.” Moreover, the NDB “shall cooperate with international organizations and other financial entities, and provide technical assistance for projects to be supported by the Bank.”
The authorized capital for NDB is $100 Billion while initial subscribed capital is $50 billion. Initial subscribed capital was equally distributed among the founding members {$10 billion each}. Voting power of each member is equal to the number of its subscribed shares in capital stock. -
Question 3 of 5
3. Question
1 pointsConsider the following statements regarding External debt of India
1. The debtors can be the Union government, state governments, corporations or citizens of India.
2. Short-term borrowings dominate India’s external debt.
Which of the statements given above is/are incorrect?Correct
Statement 1 is correct while statement 2 is incorrect.
The external debt of India is the total debt the country owes to foreign creditors. The debtors can be the Union government, state governments, corporations or citizens of India. The debt includes money owed to private commercial banks, foreign governments, or international financial institutions such as the International Monetary Fund (IMF) and World Bank.
Long-term borrowings (more than a year to maturity) dominate India’s external debt.Incorrect
Statement 1 is correct while statement 2 is incorrect.
The external debt of India is the total debt the country owes to foreign creditors. The debtors can be the Union government, state governments, corporations or citizens of India. The debt includes money owed to private commercial banks, foreign governments, or international financial institutions such as the International Monetary Fund (IMF) and World Bank.
Long-term borrowings (more than a year to maturity) dominate India’s external debt. -
Question 4 of 5
4. Question
1 pointsConsider the following statements.
1. The Intergovernmental Panel on Climate Change (IPCC) 1.5°C report calls for global carbon emissions to reach net-zero by 2050.
2. In India, agriculture sector accounts for the single largest source of greenhouse gas emissions.
Which of the statements given above is/are correct?Correct
Statement 1 is correct while statement 2 is incorrect.
Intergovernmental Panel on Climate Change (IPCC) 1.5°C report called for global carbon emissions to reach net-zero by 2050.
Electricity sector, which is the single largest source (about 40%) of India’s greenhouse gas emissions.Incorrect
Statement 1 is correct while statement 2 is incorrect.
Intergovernmental Panel on Climate Change (IPCC) 1.5°C report called for global carbon emissions to reach net-zero by 2050.
Electricity sector, which is the single largest source (about 40%) of India’s greenhouse gas emissions. -
Question 5 of 5
5. Question
1 pointsWhich of the following wildlife sanctuaries and National Parks are located in Assam?
1. Nameri National Park
2. Gorumara National Park
3. Manas National Park
Select the correct answer using the codes given belowCorrect
1 and 3 are correct.
Nameri National Park, Manas National Park, Kaziranga National Park, Orang National Park and Deepor Beel Bird Sanctuary are located in Assam.
Gorumara National Park is located in West Bengal.Incorrect
1 and 3 are correct.
Nameri National Park, Manas National Park, Kaziranga National Park, Orang National Park and Deepor Beel Bird Sanctuary are located in Assam.
Gorumara National Park is located in West Bengal.
Leaderboard: 2nd November 2021 | Prelims Daily with Previous Year Questions
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