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Question 1 of 5
1. Question
1 pointsQ.1) Consider the following statements:
1. When bond yields increase, the price of a bond increases in the market and vice versa.
2. Bond yield is affected by changes in prevailing interest rates.
Which of the following statements is/are correct?Correct
Answer (b)
Bond prices and yields have an inverse relationship. As bond yields rise, bond prices fall, and vice versa.
This relationship is analogous to a seesaw: an increase in bond yields indicates a decrease in bond prices, while a decrease in bond yields signals an increase in bond prices.
The bond market’s dynamics are influenced by the balance between the supply and demand for investment capital.
If there is a reluctance among investors to purchase bonds, bond prices decline, leading to higher interest rates.
Conversely, a decrease in interest rates can attract bond buyers, causing bond prices to rise and interest rates to fall.
Therefore, a decrease in bond yields from 2.6% to 2.2% represents positive market performance.Incorrect
Answer (b)
Bond prices and yields have an inverse relationship. As bond yields rise, bond prices fall, and vice versa.
This relationship is analogous to a seesaw: an increase in bond yields indicates a decrease in bond prices, while a decrease in bond yields signals an increase in bond prices.
The bond market’s dynamics are influenced by the balance between the supply and demand for investment capital.
If there is a reluctance among investors to purchase bonds, bond prices decline, leading to higher interest rates.
Conversely, a decrease in interest rates can attract bond buyers, causing bond prices to rise and interest rates to fall.
Therefore, a decrease in bond yields from 2.6% to 2.2% represents positive market performance. -
Question 2 of 5
2. Question
1 pointsQ.2) How many of the following statements is/are correct about Retail Inflation?
1. Retail inflation is also known as Consumer Price Index (CPI) inflation.
2. CPI is calculated for a dynamic basket of goods and services that remains constant over time.
3. It interprets factors such as the cost of living, purchasing power of consumers, and the value of the Indian rupee.
4. The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), compiles CPI for Rural, Urban, and Combined sectors and releases the CPI numbers monthly.
Select the correct options:Correct
Answer: (c)
Statement 1 is correct. Retail inflation is indeed also known as Consumer Price Index (CPI) inflation.
Statement 2 is incorrect. CPI is calculated for a fixed basket of goods and services, but this basket may change over time to reflect changes in consumer spending patterns. It is not a dynamic basket that remains constant over time.
Statement 3 is correct. CPI interprets factors such as the cost of living, purchasing power of consumers, and the value of the Indian rupee.
Statement 4 is correct. The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), compiles CPI for Rural, Urban, and Combined sectors and releases the CPI numbers monthly.Incorrect
Answer: (c)
Statement 1 is correct. Retail inflation is indeed also known as Consumer Price Index (CPI) inflation.
Statement 2 is incorrect. CPI is calculated for a fixed basket of goods and services, but this basket may change over time to reflect changes in consumer spending patterns. It is not a dynamic basket that remains constant over time.
Statement 3 is correct. CPI interprets factors such as the cost of living, purchasing power of consumers, and the value of the Indian rupee.
Statement 4 is correct. The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), compiles CPI for Rural, Urban, and Combined sectors and releases the CPI numbers monthly. -
Question 3 of 5
3. Question
1 pointsQ.3) Recently, Bor Tiger Reserve, the smallest tiger reserve in India was seen in news. It is located in:
Correct
Answer: (d)
Bor Tiger Reserve is a wildlife sanctuary which was declared as a tiger reserve in July 2014. It is located near Hingani in Wardha District in the Indian state of Maharashtra.
It is a home to a variety of wild animals.
The reserve covers an area of 138.12 km2 (53.33 sq mi) which includes the drainage basin of the Bor Dam.Incorrect
Answer: (d)
Bor Tiger Reserve is a wildlife sanctuary which was declared as a tiger reserve in July 2014. It is located near Hingani in Wardha District in the Indian state of Maharashtra.
It is a home to a variety of wild animals.
The reserve covers an area of 138.12 km2 (53.33 sq mi) which includes the drainage basin of the Bor Dam. -
Question 4 of 5
4. Question
1 pointsQ.4) Consider the following statements:
1. Concerned about overcrowding in Golkonda, he initiated the construction of Hyderabad in 1591.
2. He was not only an able administrator but also a skilled poet who composed verses in Persian, Telugu, and Urdu.
3. He is famous under the pen name “Taraqqi”.
Which medieval personality is referred to by the above statements?Correct
Answer: (a)
Mohammed Quli Qutb Shah
• Concerned about overcrowding in Golkonda, he initiated the construction of Hyderabad in 1591.
• He was not only an able administrator but also a skilled poet who composed verses in Persian, Telugu, and Urdu.
• He is famous under the pen name “Taraqqi”.
• He was a patron of arts and architecture, known for his contributions to the development of the Deccani school of architecture.
• He established the Charminar in 1591 to commemorate the end of a deadly plague in the region.
• He was the fifth ruler of the Qutb Shahi dynasty and the founder of the city of Hyderabad.
• He introduced the Persian language as the official language of his court, alongside Telugu and Urdu.
• He promoted religious tolerance and patronized Hindu temples, mosques, and Sufi shrines.
• He had a keen interest in literature and is credited with composing over 7000 verses under the pen name “Taraqqi.”
• He established several educational institutions, including Madrasas and libraries, to promote learning and scholarship.Incorrect
Answer: (a)
Mohammed Quli Qutb Shah
• Concerned about overcrowding in Golkonda, he initiated the construction of Hyderabad in 1591.
• He was not only an able administrator but also a skilled poet who composed verses in Persian, Telugu, and Urdu.
• He is famous under the pen name “Taraqqi”.
• He was a patron of arts and architecture, known for his contributions to the development of the Deccani school of architecture.
• He established the Charminar in 1591 to commemorate the end of a deadly plague in the region.
• He was the fifth ruler of the Qutb Shahi dynasty and the founder of the city of Hyderabad.
• He introduced the Persian language as the official language of his court, alongside Telugu and Urdu.
• He promoted religious tolerance and patronized Hindu temples, mosques, and Sufi shrines.
• He had a keen interest in literature and is credited with composing over 7000 verses under the pen name “Taraqqi.”
• He established several educational institutions, including Madrasas and libraries, to promote learning and scholarship. -
Question 5 of 5
5. Question
1 pointsQ.5) With reference to the Automated Permanent Academic Account Registry (APAAR), consider the following statements:
1. Students will be able to digitally store their exam results, learning outcomes and co-curricular achievements using APAAR.
2. It will give each student enrolled for Graduation and further higher studies, a unique identification number.
3. Data collected on each student will be stored in Open Government Data (OGD) Platform India.
How many of the above statements are correct?Correct
Answer: (a)
Only statement 1 is correct.
Automated Permanent Academic Account Registry (APAAR):
• APAAR, dubbed ‘One Nation, One Student ID’, is an Education Ecosystem Registry, or an ‘EduLocker’.
• The APAAR will give each student enrolled from pre-primary to higher education, a unique identification number. Hence statement 2 is NOT correct.
• This will be in addition to the already existing Aadhaar ID that every individual has.
• Upon enrolling in APAAR, each student’s identity will be authenticated through their Aadhaar ID or other officially recognised documents, and a distinct identification number will be generated for them.
• The APAAR, or EduLocker will be a lifelong ID number for students for seamless tracking of their academic journey and achievements.
• They will be able to digitally store their exam results, learning outcomes, co-curricular achievements such as ranking in Olympiads or receiving specialised skill training, and much more.
• Transcripts, certificates, and other academic achievements may be easily stored and accessed by students, boosting their capacity to apply for employment, scholarships, or higher education opportunities.
• In addition to that, students transferring from one school to another will face less hassle in obtaining admission to a new institution in any part of the country.
• It would make it easier for authorities, educational boards, and institutions to track student progress, monitor performance, and assess the effectiveness of education policies.
• It will also help government agencies monitor dropouts.
• The enrolment process will be carried out by the school with the consent of their parents, who will also be able to withdraw their consent at any given point of time.
• The data collected on each student by the schools will be stored in a centrally functioning District Information for Education portal. Hence statement 3 is NOT correct.Incorrect
Answer: (a)
Only statement 1 is correct.
Automated Permanent Academic Account Registry (APAAR):
• APAAR, dubbed ‘One Nation, One Student ID’, is an Education Ecosystem Registry, or an ‘EduLocker’.
• The APAAR will give each student enrolled from pre-primary to higher education, a unique identification number. Hence statement 2 is NOT correct.
• This will be in addition to the already existing Aadhaar ID that every individual has.
• Upon enrolling in APAAR, each student’s identity will be authenticated through their Aadhaar ID or other officially recognised documents, and a distinct identification number will be generated for them.
• The APAAR, or EduLocker will be a lifelong ID number for students for seamless tracking of their academic journey and achievements.
• They will be able to digitally store their exam results, learning outcomes, co-curricular achievements such as ranking in Olympiads or receiving specialised skill training, and much more.
• Transcripts, certificates, and other academic achievements may be easily stored and accessed by students, boosting their capacity to apply for employment, scholarships, or higher education opportunities.
• In addition to that, students transferring from one school to another will face less hassle in obtaining admission to a new institution in any part of the country.
• It would make it easier for authorities, educational boards, and institutions to track student progress, monitor performance, and assess the effectiveness of education policies.
• It will also help government agencies monitor dropouts.
• The enrolment process will be carried out by the school with the consent of their parents, who will also be able to withdraw their consent at any given point of time.
• The data collected on each student by the schools will be stored in a centrally functioning District Information for Education portal. Hence statement 3 is NOT correct.
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