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Question 1 of 5
1. Question
1 pointsQ1) What do you understand by the term ‘sovereign bonds’?
Correct
Inspired by: https://www.livemint.com/news/india/economic-affairs-secretary-to-soon-hold-discussions-with-fpi-representatives-nirmala-sitharaman-1565004380150.html
Answer : (b)
- A sovereign bond is a debt instrument issued by the government denominated in both foreign and domestic currency
- Just like other bonds, these also promise to pay the buyer a certain amount of interest for a stipulated number of years and repay the face value on maturity
- The Yield of the sovereign bond is the interest rate that the government pays on issuing bonds
- Countries with volatile economies and high inflation rates have to issue higher interest returns on their bonds compared to more stable ones.
Incorrect
Inspired by: https://www.livemint.com/news/india/economic-affairs-secretary-to-soon-hold-discussions-with-fpi-representatives-nirmala-sitharaman-1565004380150.html
Answer : (b)
- A sovereign bond is a debt instrument issued by the government denominated in both foreign and domestic currency
- Just like other bonds, these also promise to pay the buyer a certain amount of interest for a stipulated number of years and repay the face value on maturity
- The Yield of the sovereign bond is the interest rate that the government pays on issuing bonds
- Countries with volatile economies and high inflation rates have to issue higher interest returns on their bonds compared to more stable ones.
-
Question 2 of 5
2. Question
1 pointsQ2) Which of the following statements is/ are correct regarding the Deep Ocean Mission (DOM)?
- it is launched under the Ministry of Mines, under Government of India
- The main objective of the mission is to explore the deep ocean for its energy resources.
Choose the correct answer from the following:
Correct
Inspired by : https://www.civilsdaily.com/news/explained-indias-deep-ocean-mission/
Answer: (d)
- The nodal ministry for the scheme is Ministry of Earth Sciences (MoES)
- One of the main aims of the mission is to explore and extract polymetallic nodules (PMN).
- The tasks that will be undertaken include deep-sea mining, survey, energy exploration and the offshore-based desalination.
Incorrect
Inspired by : https://www.civilsdaily.com/news/explained-indias-deep-ocean-mission/
Answer: (d)
- The nodal ministry for the scheme is Ministry of Earth Sciences (MoES)
- One of the main aims of the mission is to explore and extract polymetallic nodules (PMN).
- The tasks that will be undertaken include deep-sea mining, survey, energy exploration and the offshore-based desalination.
-
Question 3 of 5
3. Question
1 pointsQ3) Just as Art 370 is to Jammu and Kashmir, Art 371A is to,
Correct
Inspired by : https://www.thehindu.com/news/national/a-snapshot-on-article-371-that-accords-special-provisions-to-states-in-northeast/article28825174.ece?homepage=true
Answer: (a)
- Art 271 assures that notwithstanding anything in the Constitution, no Act of Parliament in respect of
- religious or social practices of the Nagas,
- Naga customary law and procedure,
- administration of civil and criminal justice involving decisions according to Naga customary law,
- ownership and transfer of land and its resources,
- shall apply to the State of Nagaland unless the Legislative Assembly of Nagaland by a resolution so decides
- Governor of Nagaland shall have special responsibility with respect to law and order in the State of Nagaland
Incorrect
Inspired by : https://www.thehindu.com/news/national/a-snapshot-on-article-371-that-accords-special-provisions-to-states-in-northeast/article28825174.ece?homepage=true
Answer: (a)
- Art 271 assures that notwithstanding anything in the Constitution, no Act of Parliament in respect of
- religious or social practices of the Nagas,
- Naga customary law and procedure,
- administration of civil and criminal justice involving decisions according to Naga customary law,
- ownership and transfer of land and its resources,
- shall apply to the State of Nagaland unless the Legislative Assembly of Nagaland by a resolution so decides
- Governor of Nagaland shall have special responsibility with respect to law and order in the State of Nagaland
-
Question 4 of 5
4. Question
1 pointsQ4) Which of the following statements is/are true regarding the Lalit Kala Academy?
- it is the central organisation working on Indian theater
- its activity also includes publishing and promoting publication of literature on art
Choose the correct answer:
Correct
Inspired by : http://pib.nic.in/PressReleseDetail.aspx?PRID=1581296
Answer : (b)
- The Lalit Kala Akademi or National Academy of Art is India‘s national academy of fine arts. Sangeet Natak Akademi caters to the theater art
- some of its important functions include
- encourage and promote study and research in the creative arts such as painting, sculpture, and graphics, etc.;
- encourage and coordinate the activities of the regional art organizations
- promote cooperation among artists and art associations
- encourage establishment of Regional Art Centers;
- encourage the exchange of ideas between various schools of art
- publish and promote the publication of literature on art
- give recognition to art associations and other art organizations
- accord recognition to artists for outstanding achievements
Incorrect
Inspired by : http://pib.nic.in/PressReleseDetail.aspx?PRID=1581296
Answer : (b)
- The Lalit Kala Akademi or National Academy of Art is India‘s national academy of fine arts. Sangeet Natak Akademi caters to the theater art
- some of its important functions include
- encourage and promote study and research in the creative arts such as painting, sculpture, and graphics, etc.;
- encourage and coordinate the activities of the regional art organizations
- promote cooperation among artists and art associations
- encourage establishment of Regional Art Centers;
- encourage the exchange of ideas between various schools of art
- publish and promote the publication of literature on art
- give recognition to art associations and other art organizations
- accord recognition to artists for outstanding achievements
-
Question 5 of 5
5. Question
1 pointsQ5) The term ‘Domestic Content Requirement’ is sometimes seen in the news with reference to
Correct
Inspired by : Prelims 2017
Answer : (a)
Incorrect
Inspired by : Prelims 2017
Answer : (a)
Results
2 of 5 questions answered correctly
You have reached 2 of 5 points, (40%)