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Question 1 of 5
1. Question
1 pointsWhich of the following statements regarding Fiscal Deficit is/are correct?
1. Fiscal deficit is reflective of the total borrowing requirements of the Government.
2. A higher fiscal deficit can lead to higher interest rates in the economy.
Select the correct answer using the codes given belowCorrect
Both the statements are correct.
Fiscal Deficit is “reflective of the total borrowing requirements of the Government”. If the fiscal deficit ratio is too high, it implies that there is a lesser amount of money left in the market for private entrepreneurs and businesses to borrow.
Lesser amount of this money, in turn, leads to higher rates of interest charged on such lending. So, simply put, a higher fiscal deficit means higher borrowing by the government, which, in turn, mean higher interest rates in the economy.Incorrect
Both the statements are correct.
Fiscal Deficit is “reflective of the total borrowing requirements of the Government”. If the fiscal deficit ratio is too high, it implies that there is a lesser amount of money left in the market for private entrepreneurs and businesses to borrow.
Lesser amount of this money, in turn, leads to higher rates of interest charged on such lending. So, simply put, a higher fiscal deficit means higher borrowing by the government, which, in turn, mean higher interest rates in the economy. -
Question 2 of 5
2. Question
1 pointsWhich of the statements given below about P-Notes is/are correct?
1. These are financial instruments used by overseas investors that are not registered with the SEBI to invest in Indian securities.
2. The investors enjoy the voting rights in relation to shares invested through the P – Notes.
Select the correct answer using the codes given belowCorrect
Statement 1 is correct while statement 2 is incorrect.
Participatory Notes, also called P-Notes are instruments that are issued by registered FIIs to overseas investors who want to invest in the stock markets in India, without registering themselves with the market regulatory authority SEBI. PNs are not used within India but by investors abroad. Hence, they are also known as offshore derivative instruments.
They are used by clients of FIIs who do not wish to directly participate in the stock market in India, but do it through the FIIs using PNs.
The P-Note holder also does not enjoy any voting rights in relation to security/shares referenced by the P-Note.Incorrect
Statement 1 is correct while statement 2 is incorrect.
Participatory Notes, also called P-Notes are instruments that are issued by registered FIIs to overseas investors who want to invest in the stock markets in India, without registering themselves with the market regulatory authority SEBI. PNs are not used within India but by investors abroad. Hence, they are also known as offshore derivative instruments.
They are used by clients of FIIs who do not wish to directly participate in the stock market in India, but do it through the FIIs using PNs.
The P-Note holder also does not enjoy any voting rights in relation to security/shares referenced by the P-Note. -
Question 3 of 5
3. Question
1 pointsWhich of the following given below is/are included in the Eight Core Sector Industries?
1. Crude Oil
2. Iron Ore
3. Fertilizers
Select the correct answer using the codes given belowCorrect
Eight Core Industries are Electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilizers.
Incorrect
Eight Core Industries are Electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilizers.
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Question 4 of 5
4. Question
1 pointsConsider the following National Park and Wildlife Sanctuaries
1. Dudhwa
2. Bandhvagarh
3. Keibul Lamjao
4. Simlipal
Arrange the options given above from South to North.Correct
The Dudhwa National Park is a national park in the Terai belt of marshy grasslands of northern Uttar Pradesh.
Bandhavgarh National Park is one of the national parks of India, located in the Umaria district of Madhya Pradesh.
The Keibul Lamjao National Park is a national park in the Bishnupur district of the state of Manipur.
Simlipal National Park is a national park and a tiger reserve in the Mayurbhanj district in the Indian state of Odisha.Incorrect
The Dudhwa National Park is a national park in the Terai belt of marshy grasslands of northern Uttar Pradesh.
Bandhavgarh National Park is one of the national parks of India, located in the Umaria district of Madhya Pradesh.
The Keibul Lamjao National Park is a national park in the Bishnupur district of the state of Manipur.
Simlipal National Park is a national park and a tiger reserve in the Mayurbhanj district in the Indian state of Odisha. -
Question 5 of 5
5. Question
1 pointsOperation ‘Clean Art’, seen in the news is an initiative of which of the following given below?
Correct
Operation ‘Clean Art’ is first pan India operation to crackdown on the smuggling of mongoose hair.
It is conceived by WCCB and aims to ensure that the mongoose hair brush trade should be closed down across the country.Incorrect
Operation ‘Clean Art’ is first pan India operation to crackdown on the smuggling of mongoose hair.
It is conceived by WCCB and aims to ensure that the mongoose hair brush trade should be closed down across the country.
Leaderboard: 30th April 2021 | Prelims Daily with Previous Year Questions
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Mistake in Q.1 & 3
please check ans fro que 1
and Ques 3 is in itself wrong
Q1 and q3 are wrong in itself
wrong answer posted for questions no. 1 & 3