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10 PM Quiz: August 2, 2018
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- Question 1 of 6
1. Question
1 pointsConsider the following statements with regards to Intercreditor Agreement (ICA), recently seen in news
- Intercreditor Agreement (ICA) was framed under the aegis of the Reserve bank of India.
- The ICA is applicable to all corporate borrowers who have availed loans under consortium lending / multiple banking arrangements.
Which of the following statements given above is/ are correct?
Correct
Statement 1 in Incorrect. Intercreditor Agreement (ICA) was framed under the aegis of the Indian Banks’ Association.
Statement 2 in correct. The ICA is applicable to all corporate borrowers who have availed loans under consortium lending / multiple banking arrangements.
Incorrect
Statement 1 in Incorrect. Intercreditor Agreement (ICA) was framed under the aegis of the Indian Banks’ Association.
Statement 2 in correct. The ICA is applicable to all corporate borrowers who have availed loans under consortium lending / multiple banking arrangements.
- Question 2 of 6
2. Question
1 points“Police” and “Public order” are the Subject under which of following list?
- Union list
- State list
- Concurrent list
Select the correct answer using the codes given below:
Correct
According to Seventh schedule of Indian constitution ‘Police’ and ‘Public Order’ are State subjects. Each State has, therefore, has full administrative control over the police.
Incorrect
According to Seventh schedule of Indian constitution ‘Police’ and ‘Public Order’ are State subjects. Each State has, therefore, has full administrative control over the police.
- Question 3 of 6
3. Question
1 pointsWith reference to “Population growth of India”, which of the following statement(s)is/are correct?
- By 2050, India is expected to surpass China as the world’s most populous country
- Accurate population projections could help India and its workforce catch up with more developed Asian countries with higher GDP per capita.
Select the correct answer using the code given below.
Correct
Statement 1 is correct: By 2050, India is expected to surpass China as the world’s most populous country
Statement 2 is correct: Accurate population projections could help India and its workforce catches up with more developed Asian countries with higher GDP per capita.
Incorrect
Statement 1 is correct: By 2050, India is expected to surpass China as the world’s most populous country
Statement 2 is correct: Accurate population projections could help India and its workforce catches up with more developed Asian countries with higher GDP per capita.
- Question 4 of 6
4. Question
1 pointsWith reference to “National Mission for Clean Ganga(NMCG)”, which of the following statement(s) is/are correct?
- The mission has projects to clean the ghats, rid the river of biological contaminants and improve rural sanitation and afforestation.
- Most of the Ganga’s pollution is due to five States on the river’s main stem — Uttarakhand, Uttar Pradesh, Jharkhand, Bihar and West Bengal.
Select the correct answer using the code given below.
Correct
Statement 1 is correct: The mission has projects to clean the ghats, rid the river of biological contaminants and improve rural sanitation and afforestation.
Statement 2 is correct: Most of the Ganga’s pollution is due to five States on the river’s main stem — Uttarakhand, Uttar Pradesh, Jharkhand, Bihar and West Bengal. Approximately 12,000 million litres a day (MLD) of sewage is generated in the Ganga basin, for which there is currently a treatment capacity of just 4,000 MLD.Industrial pollution from tanneries in Kanpur, distilleries, paper and sugar mills in the Kosi, Ramganga and Kali river catchments is a major contributor.
Incorrect
Statement 1 is correct: The mission has projects to clean the ghats, rid the river of biological contaminants and improve rural sanitation and afforestation.
Statement 2 is correct: Most of the Ganga’s pollution is due to five States on the river’s main stem — Uttarakhand, Uttar Pradesh, Jharkhand, Bihar and West Bengal. Approximately 12,000 million litres a day (MLD) of sewage is generated in the Ganga basin, for which there is currently a treatment capacity of just 4,000 MLD.Industrial pollution from tanneries in Kanpur, distilleries, paper and sugar mills in the Kosi, Ramganga and Kali river catchments is a major contributor.
- Question 5 of 6
5. Question
1 pointsWith reference to “Seva Bhoj Yojana”, which of the following statement(s) is/are correct?
- The scheme seeks to reimburse the central government’s share of Central Goods and Services Tax (CGST) and Integrated Goods and Service Tax (IGST) on purchase of raw items.
- The main objective of the scheme is to lessen the financial burden of such charitable religious institutions, which provide free of cost without any discrimination to the general public and devotees.
Select the correct answer using the code given below.
Correct
Statement 1 is correct: The scheme seeks to reimburse the central government’s share of Central Goods and Services Tax (CGST) and Integrated Goods and Service Tax (IGST) on purchase of raw items such as ghee, edible oil, atta, maida, rava, flour, rice pulses, sugar and jaggery, which go into preparation of food/prasad/langar/bhandara offered free of cost by religious institutions.
Statement 2 is correct: The main objective of the scheme is to lessen the financial burden of such charitable religious institutions, which provide free of cost without any discrimination to the general public and devotees.
Incorrect
Statement 1 is correct: The scheme seeks to reimburse the central government’s share of Central Goods and Services Tax (CGST) and Integrated Goods and Service Tax (IGST) on purchase of raw items such as ghee, edible oil, atta, maida, rava, flour, rice pulses, sugar and jaggery, which go into preparation of food/prasad/langar/bhandara offered free of cost by religious institutions.
Statement 2 is correct: The main objective of the scheme is to lessen the financial burden of such charitable religious institutions, which provide free of cost without any discrimination to the general public and devotees.
- Question 6 of 6
6. Question
1 pointsWith reference to “Concessional Financing Scheme(CFS) “, recently in news, which of the following statement(s) is/are correct?
- Under the Scheme, the Ministry of Home Affairs selects the specific projects keeping in view strategic interest of India and sends the same to Department of Economic Affairs (DEA).
- Under the CFS, the Govt. of India has been supporting Indian Entities bidding for strategically important infrastructure projects abroad since 2015-16.
Select the correct answer using the code given below.
Correct
Statement 1 is incorrect: Under the Scheme, MEA selects the specific projects keeping in view strategic interest of India and sends the same to Department of Economic Affairs (DEA).
Statement 2 is correct: Under the CFS, the Govt. of India has been supporting Indian Entities bidding for strategically important infrastructure projects abroad since 2015-16.
Incorrect
Statement 1 is incorrect: Under the Scheme, MEA selects the specific projects keeping in view strategic interest of India and sends the same to Department of Economic Affairs (DEA).
Statement 2 is correct: Under the CFS, the Govt. of India has been supporting Indian Entities bidding for strategically important infrastructure projects abroad since 2015-16.
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