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61. Consider the following statements :
Tight monetary policy of US Federal Reserve could lead to capital fight
Capital flight may increase the inter cost of firms with existing External Commercial Borrowings (ECBs).
Devaluation of domestic currency decreases the currency risk associated with ECBs
Which of the statements correct ?
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
Answer: A
A depreciation of the domestic currency will lead to an increase in the value of foreign currency debts in domestic currency terms. Thus a significant depreciation of the local currency would translate into an increase in the local-currency value of outstanding debt. As a consequence, this would lead to a deterioration of the debt-servicing capacity of domestic borrowers.
62. Consider the following States :
Andhra Pradesh
Kerala
Himachal Pradesh
Tripura
How many of the above are generally known as tea-producing States ?
Only one State
Only two States
Only three States
All four States
Answer : A
The above screenshot refers to the Annual Report of the Tea Board, Government of India. It says the major tea cultivators are Assam, West Bengal, TN and Kerala which accounts for 98% of total tea production.
Only 2% tea production is done by the other states (including Himachal Pradesh, Tripura) in India. Therefore, the answer will be either A or C. It depends on the examiner’s viewpoint on the phrase “generally known as”. More chance is for option A as the other two states are very negligible producers.
63.Consider the following statements :
In India, credit rating agencies are regulated by the Reserve Bank of India.
The rating agency popularly known as ICRA is a public limited company.
Brickwork Ratings is an Indian credit rating agency.
Which of the statements given above are correct?
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
Answer : B
https://cleartax.in/s/credit-rating-agencies-in-india
64. With reference to the ‘Banks Board Bureau (BBB), which of the following statements are correct ?
The Governor of RBI is the Chairman of BBB.
BBB recommends for the selection of heads for Public Sector Banks.
BBB helps the Public Sector Banks in developing strategies and capital raising plans.
Select the correct answer using the code given below:
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
Answer B
Governor RBI is not the chairman of the Bank Board Bureau.
65. With reference to Convertible Bonds, consider pin the following statements :
As there is an option to exchange the bond for equity, Convertible Bonds pay a lower rate of interest.
The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices.
Which of the statements given above is/are correct ?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Answer: C
However, convertible bonds tend to offer a lower coupon rate or rate of return in exchange for the value of the option to convert the bond into common stock. Companies benefit since they can issue debt at lower interest rates than with traditional bond offerings. However, not all companies offer convertible bonds.
https://www.investopedia.com/terms/c/convertiblebond.asp#:~:text=However%2C%20convertible%20bonds%20tend%20to,all%20companies%20offer%20convertible%20bonds.
66. Consider the following:
Asian Infrastructure Investment Bank
Missile Technology Control Regime
Shanghai Cooperation Organisation
India is a member of which of the above ?
1 and 2 only
3 only
2 and 3 only
1, 2 and 3
Answer D
67. Consider the following statements :
Vietnam has been one of the fastest growing economies in the world in recent years.
Vietnam is led by a multi-party political system.
Vietnam’s economic growth is linked to its integration with global supply chains and focus on exports.
For a long time Vietnam’s low labour costs and stable exchange rates have attracted global manufacturers.
Vietnam has the most productive e-service sector in the Indo-Pacific region.
Which of the statements given above are correct?
2 and 4
3 and 5
1, 3 and 4
1 and 2
Answer C
68. In India, which one of the following is responsible for maintaining price stability by controlling inflation ?
Department of Consumer Affairs
Expenditure Management Commission
Financial Stability and Development Council
Reserve Bank of India
Answer: D
A key role of RBI and other central bank is to conduct monetary policy to achieve price stability (low and stable inflation) and to help manage economic fluctuations.
https://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/16/20/Monetary-Policy-and-Central-Banking
69. With reference to Non-Fungible Tokens (NFTs), consider the following statements :
They enable the digital representation of physical assets.
They are unique cryptographic tokens that exist on a blockchain.
They can be traded or exchanged at equivalency and therefore can be used as a medium of commercial transactions.
Which of the statements given above are correct?
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
Answer: A
A non-fungible token (NFT) is a unique digital asset that represents ownership of real-world items like art, video clips, music, and more.
NFTs use the same blockchain technology that powers cryptocurrencies, but they’re not a currency. So it cannot be used as a medium for commercial transactions.
70. Consider the following pairs:
Reservoirs States
Ghataprabha – Telangana
Gandhi Sagar – Madhya Pradesh
Indira Sagar – Andhra Pradesh
Maithon – Chhattisgarh
How many pairs given above are not correctly matched ?
Only one pair
Only two pairs
Only three pairs
All four pairs
Answer: C
Ghatprabha- Karnataka, Gandhi Sagar- Madhya Pradesh, Indira Sagar- Madhya Pradesh, Maithon- Jharkhand.
71. In India, which one of the following compiles information on industrial disputes, closures, retrenchments and lay-offs in factories employing workers?
Central Statistics Office
Department for Promotion of Industry and Internal Trade
Labour Bureau
National Technical Manpower Information System
Answer C
http://labourbureaunew.gov.in/UserContent/Statistics_ID_Layoffs_2011.pdf
72. In India, what is the role of the Coal Controller’s Organization (CCO) ?
CCO is the major source of Coal Statistics in Government of India.
It monitors progress of development of Captive Coal/Lignite blocks.
It hears any objection to the Government’s notification relating to acquisition of coal-bearing areas.
It ensures that coal mining companies deliver the coal to end users in the prescribed time.
Select the correct answer using the code given below:
1, 2 and 3
3 and 4 only
1 and 2 only
1, 2 and 4
Answer A
http://www.coalcontroller.gov.in/pages/display/5-functionsresponsibilities
73. If a particular area is brought under the Fifth Schedule of the Constitution of India, which one of the following statements best reflects the consequence of it?
This would prevent the transfer of land of tribal people to non-tribal people.
This would create a local self-governing body in that area.
This would convert that area into a Union Territory.
The State having such areas would be declared a Special Category State.
Answer A
Basic Question
74. Consider the following statements:
The India Sanitation Coalition is a platform to promote sustainable sanitation and is funded by the Government of India and the World Health Organization.
The National Institute of Urban Affairs is an apex body of the Ministry of Housing and Urban Affairs ‘in Government of India and provides innovative solutions to address the challenges of Urban India.
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Answer: B
https://www.indiasanitationcoalition.org/who-we-are.html
India Sanitation Coalition is supported by the Bill and Melinda Gates Foundation and the Government of Maharashtra.
NIUA was appointed as an apex body to support and guide the Government of India in its urban development plans. Since then, it has worked closely with the Ministry of Housing and Urban Affairs http://urbanrivers.niua.org/node/46
75. Which one of the following has been constituted under the Environment (Protection) Act, 1986?
Central Water Commission
Central Ground Water Board
Central Ground Water Authority
National Water Development Agency
Answer: C
Central Ground Water Authority (CGWA) was constituted under sub-section (3) of Section 3 of the Environment (Protection) Act, 1986 for the purposes of regulation and control of ground water development and management in the country.
76. With reference to the “United Nations Credentials Committee”, consider the following statements:
It is a committee set up by the UN Security Council and works under its supervision.
It traditionally meets in March, June and September every year.
It assesses the credentials of all UN members before submitting a report to the General Assembly for approval.
Which of the statements given above is/are correct?
3 only
1 and 3
2 and 3
1 and 2
Answer A
UN Credentials Committee is part of UNGA
https://www.un.org/en/ga/credentials/credentials.shtml
77. Which one of the following statements best describes the ‘Polar Code’?
It is the international code of safety for ships operating in polar waters.
It is the agreement of the countries around the North Pole regarding the demarcation of their territories in the polar region.
It is a set of norms to be followed by the countries whose scientists undertake research studies in the North Pole and South Pole.
It is a trade and security agreement of the member countries of the Arctic Council.
Answer: A
IMO’s International Code for Ships Operating in Polar Waters (Polar Code) is mandatory under both the International Convention for the Safety of Life at Sea (SOLAS) and the International Convention for the Prevention of Pollution from Ships (MARPOL).
78. With reference to the United Nations General Assembly, consider the following statements:
The UN General Assembly can grant observer status to the non-member States.
Inter-governmental organisations can seek observer status in the UN General Assembly.
Permanent Observers in the UN General Assembly can maintain missions at the UN headquarters.
Which of the statements given above are correct ?
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
Answer : D
The United Nations General Assembly may grant non-member states, international organisations and other entities Permanent Observer Status.
Permanent Observers may participate in the sessions and workings of the General Assembly and maintain missions at the UN Headquarters.
https://ask.un.org/faq/14519
79.With reference to the “Tea Board” in India, consider the following statements:
The Tea Board is a statutory body.
It is a regulatory body attached to the Ministry of Agriculture and Farmers Welfare.
The Tea Board’s Head Office is situated in Bengaluru.
The Board has overseas offices at Dubai and Moscow.
Which of the statements given above are correct?
1 and 3
2 and 4
3 and 4
1 and 4
Answer: D
The present Tea Board set up under section 4 of the Tea Act 1953 was constituted on 1st April 1954.
Tea Board is functioning as a statutory body of the Central Government under the Ministry of Commerce.
Currently Tea Board has two overseas offices located at Dubai, and Moscow
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Will solar flares cause tsunamis near equator ? Anyone attempted this question ?