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DAY 115
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Question 1 of 10
1. Question
2 pointsWhich of the following is an example of a trade barrier?
1. Allowing only a fixed amount of commodities to be exported or imported
2. Imposing unreasonable standards on quality of imports
3. Tax on imports
Choose the correct answer using the codes given belowCorrect
Trade barriers are government policies which place restrictions on international trade. Trade barriers can either make trade more difficult and expensive (tariff barriers) or prevent trade completely (e.g. trade embargo).
Types:
Tariff Barriers-These are taxes on certain imports. They raise the price of imported goods making imports less competitive. Non-Tariff Barriers-These involve rules and regulations which make trade more difficult. For example, if foreign companies have to adhere to complex manufacturing laws it can be difficult to trade. Quotas-A limit placed on the number of imports.Incorrect
Trade barriers are government policies which place restrictions on international trade. Trade barriers can either make trade more difficult and expensive (tariff barriers) or prevent trade completely (e.g. trade embargo).
Types:
Tariff Barriers-These are taxes on certain imports. They raise the price of imported goods making imports less competitive. Non-Tariff Barriers-These involve rules and regulations which make trade more difficult. For example, if foreign companies have to adhere to complex manufacturing laws it can be difficult to trade. Quotas-A limit placed on the number of imports. -
Question 2 of 10
2. Question
2 pointsConsider the following statements about National Investment and Infrastructure Fund (NIIF)
1. NIIF currently manages three funds each with its distinctive investment mandate. The funds are registered as Alternative Investment Fund (AIF) with the Securities and Exchange Board of India (SEBI).
2. NIIF is a professional fund manager, anchored by the FICCI and CII along with participation from institutional investors such as ADIA and leading Indian private financial institutions.
Which of the above statements are true?Correct
NIIF is anchored by the Government of India. With USD 3 billion commitment from GOI along with commitments from other institutional investors, NIIF has the ability to operate at scale whilst providing long term and patient capital.
MASTER FUND-A fund focused on creating scalable sectoral platforms in core infrastructure and in collaboration with strong and reputed operating and financial partners.
FUND OF FUNDS-A fund focused on anchoring and investing in credible and reputed third party managers with a strong track record across diversified sectors within infrastructure services and allied sectors.
STRATEGIC FUND-A fund focused on investing in strategic assets and projects with longer term horizons across various stages of development.Incorrect
NIIF is anchored by the Government of India. With USD 3 billion commitment from GOI along with commitments from other institutional investors, NIIF has the ability to operate at scale whilst providing long term and patient capital.
MASTER FUND-A fund focused on creating scalable sectoral platforms in core infrastructure and in collaboration with strong and reputed operating and financial partners.
FUND OF FUNDS-A fund focused on anchoring and investing in credible and reputed third party managers with a strong track record across diversified sectors within infrastructure services and allied sectors.
STRATEGIC FUND-A fund focused on investing in strategic assets and projects with longer term horizons across various stages of development. -
Question 3 of 10
3. Question
2 points3. Which of the following are members of G-20?
1. SAARC
2. European Union
3. Saudi Arabia
4. Oman
Choose the correct answer using the codes given belowCorrect
G20, is the premier forum for international economic cooperation. The G20 brings together the leaders of both developed and developing countries from every continent. Collectively, G20 members represent around 80% of the world’s economic output, two-thirds of global population and three-quarters of international trade. Throughout the year, representatives from G20 countries gather to discuss financial and socioeconomic issues.
Incorrect
G20, is the premier forum for international economic cooperation. The G20 brings together the leaders of both developed and developing countries from every continent. Collectively, G20 members represent around 80% of the world’s economic output, two-thirds of global population and three-quarters of international trade. Throughout the year, representatives from G20 countries gather to discuss financial and socioeconomic issues.
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Question 4 of 10
4. Question
2 pointsConsider the following statements about the Human Development Index of UNDP
1. Norway has the highest HDI value followed by Switzerland.
2. Iran, Brazil and South Africa have higher HDI value than India
3. Life expectancy at birth, expected years of schooling are some of the parameters considered
Which of the above statements are true?Correct
Mean years of schooling and GNI per capita are the other parameters considered. India with a score of 0.64 lies below Brazil, South Africa, Palestine, Indonesia. India has a life expectancy of 68.8 years and 12.3 years of expected schooling.
Incorrect
Mean years of schooling and GNI per capita are the other parameters considered. India with a score of 0.64 lies below Brazil, South Africa, Palestine, Indonesia. India has a life expectancy of 68.8 years and 12.3 years of expected schooling.
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Question 5 of 10
5. Question
2 pointsConsider the following properties about Ruthenium
1.It is mostly used in the electronics industry for chip resistors and electrical contacts.
2.It is the fourth element to have unique magnetic properties at room temperature. 3 other ferromagnetic elements at room temperature – iron (Fe), cobalt (Co), and nickel (Ni).
3.It is one of the rarest metals on the earth and resistant to oxidation.
Which of the above statements are true?Correct
Researchers at the University of Minnesota (US) have discovered magnetic properties in chemical element Ruthenium (Ru). Ru belongs to the platinum group and has atomic number 44.
Incorrect
Researchers at the University of Minnesota (US) have discovered magnetic properties in chemical element Ruthenium (Ru). Ru belongs to the platinum group and has atomic number 44.
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Question 6 of 10
6. Question
2 pointsWhich of the following statements are true about phage display?
1.Phage Display, which uses bacteriophage (a virus that infects bacteria) can be used to evolve new proteins.
2.The antibodies produced can be used to neutralise toxins, counteract autoimmune diseases and cure metastatic cancer.
3.The scientists are yet to evolve methods to study the protein interactions on a large scale.
Choose the correct answer using the codes given belowCorrect
Phage display allows scientists to study protein interactions on a large-scale and select proteins with the highest affinity for specific targets. It provides a means to identify target-binding proteins from a library of millions of different proteins without the need to screen each molecule individually.
Incorrect
Phage display allows scientists to study protein interactions on a large-scale and select proteins with the highest affinity for specific targets. It provides a means to identify target-binding proteins from a library of millions of different proteins without the need to screen each molecule individually.
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Question 7 of 10
7. Question
2 pointsWhich of the following best describes safe water releaser (SWAS) and safe minimal aluminium (SAFAL)?
1.Recently developed farming technologies.
2.Astronomical devices used for identification of nano planets.
3.Scientific methods for the study of rare earth elements.
4.Environment friendly fire crackers.
Choose the correct answer using the codes given belowCorrect
CSIR scientists have developed Less Polluting Firecrackers which are environment friendly and 15-20 % cheaper than the conventional ones. It has the unique property of releasing water vapour and /or air as dust suppressant and diluent for gaseous emissions and matching performance in sound with conventional crackers.
Incorrect
CSIR scientists have developed Less Polluting Firecrackers which are environment friendly and 15-20 % cheaper than the conventional ones. It has the unique property of releasing water vapour and /or air as dust suppressant and diluent for gaseous emissions and matching performance in sound with conventional crackers.
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Question 8 of 10
8. Question
2 pointsConsider the following statements about Forward Search Experiment
1.FASER is a proposed experiment dedicated to searching for light, extremely weakly-interacting particles at the Large Hadron Collider.
2.NASA has approved the new experiment and it has the potential to discover dark photons, dark Higgs bosons.
Which of the above statements are true?Correct
It’s an experiment by CERN. Light particles may be produced in the LHC’s high-energy collisions in large numbers in the far-forward region and they travel long distances through concrete and rock without interacting. A small and inexpensive detector placed in the far-forward region may therefore be capable of extremely sensitive searches. The program is specifically designed to take advantage of this opportunity.
Incorrect
It’s an experiment by CERN. Light particles may be produced in the LHC’s high-energy collisions in large numbers in the far-forward region and they travel long distances through concrete and rock without interacting. A small and inexpensive detector placed in the far-forward region may therefore be capable of extremely sensitive searches. The program is specifically designed to take advantage of this opportunity.
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Question 9 of 10
9. Question
2 pointsWhich of the following features of Mineral Laws (Amendment) Bill are true?
1. The bill restricts the participation in coal auctions to only those companies with prior coal mining experience.
2. Now, the companies which are not ‘engaged in specified end-use’ can also participate in auctions of coal mines.
Choose the correct answer using the codes given belowCorrect
The amended provisions clearly provide that companies which do not possess any prior coal mining experience in India and/or have mining experience in other minerals or in other countries can participate in the auction of coal/lignite blocks. This will not only increase participation in coal/lignite block auctions but also facilitate the implementation of FDI policy in the coal sector.The Bill also allows prospecting licence-cum-mining lease (PL-cum-ML) for coal/lignite which increases the availability of coal & lignite blocks, and coal blocks of varying grades and a wide geographical distribution will be available for allocation.
Incorrect
The amended provisions clearly provide that companies which do not possess any prior coal mining experience in India and/or have mining experience in other minerals or in other countries can participate in the auction of coal/lignite blocks. This will not only increase participation in coal/lignite block auctions but also facilitate the implementation of FDI policy in the coal sector.The Bill also allows prospecting licence-cum-mining lease (PL-cum-ML) for coal/lignite which increases the availability of coal & lignite blocks, and coal blocks of varying grades and a wide geographical distribution will be available for allocation.
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Question 10 of 10
10. Question
2 pointsConsider the following features of Guru Shishya Parampara Scheme
1. It is an initiative of the Ministry of Human Resource Development, to revive the ancient pedagogical methods.
2. It aims to promote development of new talents in the field of science and mathematics under the guidance of able gurus.
Which of the above statements are false?Correct
It aims to preserve and promote rare and vanishing art forms whether classical or folk/tribal so that the young talents are nurtured to acquire skills in their chosen field of art. Rare and vanishing art forms of the region are identified and eminent exponents are selected to carry out the training programmes in ‘Gurukula’ tradition. Financial assistance and Scholarship will be given by the government.
It is an initiative of the Ministry of Culture.Incorrect
It aims to preserve and promote rare and vanishing art forms whether classical or folk/tribal so that the young talents are nurtured to acquire skills in their chosen field of art. Rare and vanishing art forms of the region are identified and eminent exponents are selected to carry out the training programmes in ‘Gurukula’ tradition. Financial assistance and Scholarship will be given by the government.
It is an initiative of the Ministry of Culture.
