10 PM Quiz: April 18, 2018
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- Question 1 of 6
1. Question
1 pointsConsider the following statements with respect to Sovereign Gold Bond Scheme:
1) Sovereign Gold Bonds are government securities denominated in gold.
2) There may be a risk of capital loss of the market price of gold declines; however, the investor does not lose in terms of the units of gold for which he has paid.
3) Joint holding of securities are not allowed under the scheme.
Select the correct answer from the codes given below:
Correct
Sovereign Gold Bond Scheme was launched to contain the current account deficit which was rising due to increasing gold imports. It was provided as an alternative to owning gold.With the Reserve Bank of India issuing these gold bonds, it brings in transparency and trust, and eliminates the risk of holding physical gold assets. They are government securities denominated in gold. The investor gets back the units of gold already paid for. If the gold price decreases, there is a risk of capital loss, just as in the case of physical assets. Joint holding of securities is allowed under the scheme.
Incorrect
Sovereign Gold Bond Scheme was launched to contain the current account deficit which was rising due to increasing gold imports. It was provided as an alternative to owning gold.With the Reserve Bank of India issuing these gold bonds, it brings in transparency and trust, and eliminates the risk of holding physical gold assets. They are government securities denominated in gold. The investor gets back the units of gold already paid for. If the gold price decreases, there is a risk of capital loss, just as in the case of physical assets. Joint holding of securities is allowed under the scheme.
- Question 2 of 6
2. Question
1 pointsConsider the following statements with respect to Monitoring the Killing of Elephants (MIKE):
1) MIKE was established through a Conference of the Parties(COP) resolution to the Convention on International Trade in Endangered Species of Wild Fauna and Flora(CITES).
2) The Subregional Support Unit for MIKE in South Asia was established in July 2015 and is hosted by IUCN India Country Office in New Delhi.
3) MIKE in South Asia has been revived with funding from the United States Fish and Wildlife Service.
Which of the following statements is/are correct?
Correct
Monitoring the killing of Elephants(MIKE) is an international collaboration that tracks trends in information related to the illegal killing of elephants from across Africa and Asia, to monitor effectiveness of field conservation efforts.MIKE was established through a Conference of the Parties(COP) resolution to the Convention on International Trade in Endangered Species of Wild Fauna and Flora(CITES).The Subregional Support Unit for MIKE in South Asia was established in July 2015 and is hosted by IUCN India Country Office in New Delhi.
MIKE in South Asia, established in 2003 has been revived with funding from the United States Fish and Wildlife Service.
Incorrect
Monitoring the killing of Elephants(MIKE) is an international collaboration that tracks trends in information related to the illegal killing of elephants from across Africa and Asia, to monitor effectiveness of field conservation efforts.MIKE was established through a Conference of the Parties(COP) resolution to the Convention on International Trade in Endangered Species of Wild Fauna and Flora(CITES).The Subregional Support Unit for MIKE in South Asia was established in July 2015 and is hosted by IUCN India Country Office in New Delhi.
MIKE in South Asia, established in 2003 has been revived with funding from the United States Fish and Wildlife Service.
- Question 3 of 6
3. Question
1 pointsHemophilia refers to the condition in which,
Correct
Hemophilia is one of a group of inherited bleeding disorders that cause abnormal or exaggerated bleeding and poor blood clotting.
Hemophilia A and B are inherited in an X-linked recessive genetic pattern, so males are commonly affected while females are usually carriers of the disease.
Hemophilia A is caused by a deficiency of clotting Factor VIII, while hemophilia B (also called Christmas disease) results from a deficiency of Factor IX.Treatment involves coagulation factor replacement therapy.
Incorrect
Hemophilia is one of a group of inherited bleeding disorders that cause abnormal or exaggerated bleeding and poor blood clotting.
Hemophilia A and B are inherited in an X-linked recessive genetic pattern, so males are commonly affected while females are usually carriers of the disease.
Hemophilia A is caused by a deficiency of clotting Factor VIII, while hemophilia B (also called Christmas disease) results from a deficiency of Factor IX.Treatment involves coagulation factor replacement therapy.
- Question 4 of 6
4. Question
1 pointsWhich of the following terrorist organizations made the headlines for kidnapping nigerian school girls and releasing them in batches?
Correct
In 2014, exactly 4 years back, Boko Haram kidnapped 276 girls from a boarding school in the northeastern town of Chibok in Nigeria. Mainly based in Nigeria, the group is also active in the neighbouring countries of Chad, Niger and Cameroon. In the Hausa language that is commonly spoken in northeast Nigeria, Boko Haram means “Western education is forbidden”. Boko Haram is against anything that may be considered Western, including the established norms of liberal democracy.
Incorrect
In 2014, exactly 4 years back, Boko Haram kidnapped 276 girls from a boarding school in the northeastern town of Chibok in Nigeria. Mainly based in Nigeria, the group is also active in the neighbouring countries of Chad, Niger and Cameroon. In the Hausa language that is commonly spoken in northeast Nigeria, Boko Haram means “Western education is forbidden”. Boko Haram is against anything that may be considered Western, including the established norms of liberal democracy.
- Question 5 of 6
5. Question
1 pointsWhich of the following countries border Sweden:
1) Denmark
2) Russia
3) Norway
4) Finland
5) Latvia
Select the correct answer from the options given below:
Correct
Norway, Denmark and Finland are the only countries with which Sweden shares a land border.
Incorrect
Norway, Denmark and Finland are the only countries with which Sweden shares a land border.
- Question 6 of 6
6. Question
1 pointsConsider the following statements with respect to White Label ATMs:
1)In case of a White Label ATM(WLA), the logo displayed on the ATM machine and in the ATM premises pertain to the WLA operator instead of a bank.
2)Cash deposits are not accepted at WLAs as it is not permitted by the RBI at present.
Which of the above given statements is/are correct?
Correct
Automated Teller Machines(ATMs), are computerized machines that provide the customers of banks the facility of accessing their accounts for withdrawing and depositing cash as well as carry out other financial as well as non-financial transactions without visiting their bank branch.
Broadly, ATMs differ from WLAs in two ways:
- i) In case of a White Label ATM, the logo displayed on the ATM machine and in the ATM premises pertain to the WLA operator instead of a bank.
- ii) Cash deposits are not accepted at WLAs as it is not permitted by the RBI at present.
Incorrect
Automated Teller Machines(ATMs), are computerized machines that provide the customers of banks the facility of accessing their accounts for withdrawing and depositing cash as well as carry out other financial as well as non-financial transactions without visiting their bank branch.
Broadly, ATMs differ from WLAs in two ways:
- i) In case of a White Label ATM, the logo displayed on the ATM machine and in the ATM premises pertain to the WLA operator instead of a bank.
- ii) Cash deposits are not accepted at WLAs as it is not permitted by the RBI at present.
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