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10 PM Quiz: December 22, 2018
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- Question 1 of 6
1. Question
1 pointsWhich of the following best describes the term ‘External Commercial Borrowings’ (ECB), often seen in the news?
Correct
ECBs refer to commercial loans in the form of bank loans, securitised instruments buyers’ credit, suppliers’ credit availed of from non-resident lenders with a minimum average maturity of three years.ECB can be accessed under two routes, viz., (i) Automatic Route and (ii) Approval Route . The Reserve Bank of India (RBI) recently has announced a cap for funds raised via external commercial borrowing (ECB) at 6.5% of the country’s GDP.
Incorrect
ECBs refer to commercial loans in the form of bank loans, securitised instruments buyers’ credit, suppliers’ credit availed of from non-resident lenders with a minimum average maturity of three years.ECB can be accessed under two routes, viz., (i) Automatic Route and (ii) Approval Route . The Reserve Bank of India (RBI) recently has announced a cap for funds raised via external commercial borrowing (ECB) at 6.5% of the country’s GDP.
- Question 2 of 6
2. Question
1 pointsConsider the following statements
- The term’ shell company’ has been defined under the Income-tax Act, 1961 and under the companies act, 2013
- Shell companies are typically corporate entities which do not have any active business operation or signification assets in their possession,
Which of the above statements(s) is/are correct?
Correct
Shell companies are typically corporate entities which do not have any active business operations or significant assets in their possession, shell companies can be set up by business people for both legitimate purposes, illegitimate purposes include hiding particular of ownership from the law enforcement, laundering uncounted money and avoiding tax
India law does not contain any specific definition of shell companies. The term shell company has not been defined under the income tax Act. 1961 or under the companies act 2013
Incorrect
Shell companies are typically corporate entities which do not have any active business operations or significant assets in their possession, shell companies can be set up by business people for both legitimate purposes, illegitimate purposes include hiding particular of ownership from the law enforcement, laundering uncounted money and avoiding tax
India law does not contain any specific definition of shell companies. The term shell company has not been defined under the income tax Act. 1961 or under the companies act 2013
- Question 3 of 6
3. Question
1 pointsWith reference to samagra shiksha scheme, consider the following statements
- It is programme for the school education sector extending from pre-school to class 12
- It subsumes the three schemes of sarva shiksha abhiyan (SSA) , Rashtriya Madhyamik Shiksha Abhiyan (RMSA) and Teacher Education (TE)
Which of the above statements(s) is/are correct?
Correct
Samagra Shiksha Scheme is a programme for the school education sector extending from Pre-school to class 12. It subsumes the three schemes of Sarva Shiksha Abhiyan (SSA) Rashtriya Madhyamik Shiksha Abhiyan (RMSS) and Teacher Education (TE) . It aims to ensure inclusive and equitable quality education at all levels of school education
Incorrect
Samagra Shiksha Scheme is a programme for the school education sector extending from Pre-school to class 12. It subsumes the three schemes of Sarva Shiksha Abhiyan (SSA) Rashtriya Madhyamik Shiksha Abhiyan (RMSS) and Teacher Education (TE) . It aims to ensure inclusive and equitable quality education at all levels of school education
- Question 4 of 6
4. Question
1 pointsWith reference to the sustainable development Goals (SDG) India index, considered the following statements
- The SDG India Index is intended to provide a holistic view on the social, economic and environmental status of the india and its states and UTs.
- Himachal Pradesh, Kerala and Tamil Nadu have emerged as top performing states in Niti Aayog’s SDG India index 2018
Which of the above statements(s) is/are correct?
Correct
The SDG India Index is intended to provide a holistic view on the social, economic and environmental status of the India and Its states and UTs. It has been designed to provide an aggregate assessment of the performance of all Indian States and UTs, and to help leaders and change makers evaluate their performance on social, economic and environmental parameters.
Himachal Pradesh, Kerala and Tamil Nadu have emerged as top performing states in Niti Aayog’s SDG India index 2018
Kerala’s top rank is attributed to its superior performance in providing good health, reducing hunger, achieving gender equality and providing quality education. Himachal Pradesh ranks high on providing clean water and sanitation, in reducing inequalities and preserving mountain ecosystem
Incorrect
The SDG India Index is intended to provide a holistic view on the social, economic and environmental status of the India and Its states and UTs. It has been designed to provide an aggregate assessment of the performance of all Indian States and UTs, and to help leaders and change makers evaluate their performance on social, economic and environmental parameters.
Himachal Pradesh, Kerala and Tamil Nadu have emerged as top performing states in Niti Aayog’s SDG India index 2018
Kerala’s top rank is attributed to its superior performance in providing good health, reducing hunger, achieving gender equality and providing quality education. Himachal Pradesh ranks high on providing clean water and sanitation, in reducing inequalities and preserving mountain ecosystem
- Question 5 of 6
5. Question
1 pointsWith reference to Prime Minister’s Employment Generation Programme (PMEGP)
consider the following statement.
1) Ministry of Labour and Employment is implementing the PMEGP
2) It is aimed at generating self-employment opportunities through the establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth.
Select the statement which is/are correct.
Correct
About Prime Minister’s Employment Generation Programme (PMEGP)
The Ministry of Micro, Small and Medium Enterprises (MSME) is implementing the PMEGP, which is a major credit-linked subsidy programme.
It is aimed at generating self-employment opportunities through the establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth.
Under this programme, general category beneficiaries can avail themselves of margin money subsidy of 25 percent of the project cost in rural areas and 15 per cent in urban areas.
Incorrect
About Prime Minister’s Employment Generation Programme (PMEGP)
The Ministry of Micro, Small and Medium Enterprises (MSME) is implementing the PMEGP, which is a major credit-linked subsidy programme.
It is aimed at generating self-employment opportunities through the establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth.
Under this programme, general category beneficiaries can avail themselves of margin money subsidy of 25 percent of the project cost in rural areas and 15 per cent in urban areas.
- Question 6 of 6
6. Question
1 pointsConsider the following statement regarding Albino orangutan which was recently in the news:
1) Orangutans are among the most intelligent primates; they use a variety of sophisticated tools and construct elaborate sleeping nests each night from branches and foliage
2) Orangutan species are considered to be “critically endangered” as per IUCN status.
Select the statements which is/are correct.
Correct
There are two species of orangutan – the Bornean and Sumatran – both are currently critically endangered.
Their forest habitat in Indonesia and Malaysia is rapidly disappearing, putting the future of Asia’s only great ape in peril.
Both orangutan species are considered to be “critically endangered”, with the Sumatran orangutan being critically endangered since 2008.
Orangutans are among the most intelligent primates; they use a variety of sophisticated tools and construct elaborate sleeping nests each night from branches and foliage.
Incorrect
There are two species of orangutan – the Bornean and Sumatran – both are currently critically endangered.
Their forest habitat in Indonesia and Malaysia is rapidly disappearing, putting the future of Asia’s only great ape in peril.
Both orangutan species are considered to be “critically endangered”, with the Sumatran orangutan being critically endangered since 2008.
Orangutans are among the most intelligent primates; they use a variety of sophisticated tools and construct elaborate sleeping nests each night from branches and foliage.
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