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Question 1 of 5
1. Question
1 pointsWhich of the following are part of the Committee that recommends the appointment of the Central Vigilance Commissioner and the Vigilance Commissioners?
Correct
The Chief Vigilance Commission consists of a Central Vigilance Commissioner (Chairperson) and not more than two Vigilance Commissioners (members).
The Central Vigilance Commissioner and the Vigilance Commissioners shall be appointed by the President on recommendation of a Committee consisting of the Prime Minister (Chairperson), the Minister of Home Affairs (Member) and the Leader of the Opposition in the House of the People (Member).
The term of office of the Central Vigilance Commissioner and the Vigilance Commissioners would be four years from the date on which they enter their office or till they attain the age of 65 years, whichever is earlier.Incorrect
The Chief Vigilance Commission consists of a Central Vigilance Commissioner (Chairperson) and not more than two Vigilance Commissioners (members).
The Central Vigilance Commissioner and the Vigilance Commissioners shall be appointed by the President on recommendation of a Committee consisting of the Prime Minister (Chairperson), the Minister of Home Affairs (Member) and the Leader of the Opposition in the House of the People (Member).
The term of office of the Central Vigilance Commissioner and the Vigilance Commissioners would be four years from the date on which they enter their office or till they attain the age of 65 years, whichever is earlier. -
Question 2 of 5
2. Question
1 pointsMaitri Setu is a link between India and which of the following countries?
Correct
Prime Minister Narendra Modi virtually inaugurated the India-Bangladesh Friendship Bridge (Maitri Setu) over the Feni river at Sabroom in south Tripura.
Incorrect
Prime Minister Narendra Modi virtually inaugurated the India-Bangladesh Friendship Bridge (Maitri Setu) over the Feni river at Sabroom in south Tripura.
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Question 3 of 5
3. Question
1 pointsIn which of the states given below is Shigmo, a harvest festival celebrated?
Correct
Shigmo, or Shigmotsav, is the celebration of a ‘rich, golden harvest of paddy’ by the tribal communities of Goa.
Incorrect
Shigmo, or Shigmotsav, is the celebration of a ‘rich, golden harvest of paddy’ by the tribal communities of Goa.
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Question 4 of 5
4. 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 incorrect.
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 incorrect.
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 5 of 5
5. 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.
Leaderboard: 8th September 2022 | Prelims Daily with Previous Year Questions
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Is questions no 4 answer is true I am confused
Fiscal deficit k a defination to sahi h or interest bhi high hoga