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Finish in 100 Revise in 50 Day 3

1. Recently Chagos archipelago was in new, which of the following statements is/are true regarding the Archipelago?

  1. It is located in the Pacific ocean.
  2. China’s Nine DAsh line claims made a dispute over the region last year.

Select the correct answer using the codes given below.

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

2. Consider the statements regarding Chit Funds in India:

  1. It is under the purview of the state list of Indian Constitution.
  2. Chit funds are registered by the State governments.

Which of the above statements is/are true?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

 

3. Which of the following statements is/are true regarding Climate Bond Initiative?

  1. It is an initiative of UNFCCC and jointly managed by World Bank and UNEP.
  2. Its objective is to develop a large and liquid Green and Climate Bonds Market in developed and emerging markets
  3. It’s the only organisation working to mobilize $100 trillion bond market for climate change solutions

Select the correct answer using the codes given below

  1. 1 and 2
  2. 2 and 3
  3. 1 and 3
  4. 1, 2 and 3

 

4. Consider the statements regarding Modified Special Incentives Scheme:

  1. It aims to eliminate the credit shortage in the MSME sector.
  2. It is a subscheme of MUDRA Yojana and provides special focus to Food Processing MSMEs

Which of the above statements is/are true?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

5. Consider the following statements regarding National Investment Fund:

  1. All the proceeds from the disinvestment of Centre Public Sector Enterprises were to be channelized in this fund.
  2. During the economic crisis of 2008, the 100% of the fund is utilized for infrastructure development.

Which of the above statements is/are true?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

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