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10 PM Quiz: February 26, 2019
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- Question 1 of 6
1. Question
1 pointsConsider the following statement with regards to Bloomberg Healthiest Country Index 2019
- Bloomberg Healthiest Country Index has ranked Switzerland as the world’s healthiest country
- India ranked lowest among SAARC countries.
Choose correct options
Correct
The 2019 edition of the Bloomberg Healthiest Country Index has ranked Spain as the world’s healthiest country, followed by Italy, Iceland and Switzerland, Sweden, Australia, Singapore and Norway. These are also the countries with universal healthcare where over 70% of healthcare spending is done by the government. Cuba (30) is the only country not classified as “high income” by the World Bank to be ranked that high India ranked 120 compared to 119 in the 2017 ranking. Pakistan (124), Myanmar (129) and Afghanistan (153) are the only countries in the Asian region with a lower ranking than India.
Incorrect
The 2019 edition of the Bloomberg Healthiest Country Index has ranked Spain as the world’s healthiest country, followed by Italy, Iceland and Switzerland, Sweden, Australia, Singapore and Norway. These are also the countries with universal healthcare where over 70% of healthcare spending is done by the government. Cuba (30) is the only country not classified as “high income” by the World Bank to be ranked that high India ranked 120 compared to 119 in the 2017 ranking. Pakistan (124), Myanmar (129) and Afghanistan (153) are the only countries in the Asian region with a lower ranking than India.
- Question 2 of 6
2. Question
1 pointsConsider the following statement with regards to El Nino
- El Nino refers to the large-scale ocean-atmosphere climate interaction linked to a periodic warming in sea surface temperatures across the central and east-central Equatorial Pacific
- A strong El Nino results in reduction and uneven distribution of rainfall across the Indian sub-continent.
Choose correct options
Correct
El Niño means The Little Boy, or Christ Child in Spanish. It refers to the large-scale ocean-atmosphere climate interaction linked to a periodic warming in sea surface temperatures across the central and east-central Equatorial Pacific. El Niño events occur roughly every two to seven year.
A strong El Nino results in reduction and uneven distribution of rainfall across the Indian sub-continent. This is because the trade winds coming from South America which normally blow westward towards Asia during Southwest Monsoon gets weakened due to the warming of the Pacific Ocean. Therefore, moisture and heat content gets limited and this leads to poor rainfall in the region.
Incorrect
El Niño means The Little Boy, or Christ Child in Spanish. It refers to the large-scale ocean-atmosphere climate interaction linked to a periodic warming in sea surface temperatures across the central and east-central Equatorial Pacific. El Niño events occur roughly every two to seven year.
A strong El Nino results in reduction and uneven distribution of rainfall across the Indian sub-continent. This is because the trade winds coming from South America which normally blow westward towards Asia during Southwest Monsoon gets weakened due to the warming of the Pacific Ocean. Therefore, moisture and heat content gets limited and this leads to poor rainfall in the region.
- Question 3 of 6
3. Question
1 pointsConsider the following statements
- MCLR is an internal benchmark rate that depends on various factors such as fixed deposit rates, source of funds and savings rate.
- Repo rate is the interest rate at which the RBI lends money to commercial banks.
- Treasury Bills or T-bills are government bonds or debt securities with maturity of less than a year
Choose the correct option
Correct
MCLR is an internal benchmark rate that depends on various factors such as fixed deposit rates, source of funds and savings rate.The price of loan comprises the MCLR and the spread or the bank’s profit margin.
Repo rate is the interest rate at which the RBI lends money to commercial banks. Treasury Bills or T-bills are government bonds or debt securities with maturity of less than a year. Further, Spread refers to the difference in borrowing rates and lending rates of financial institutions.
Incorrect
MCLR is an internal benchmark rate that depends on various factors such as fixed deposit rates, source of funds and savings rate.The price of loan comprises the MCLR and the spread or the bank’s profit margin.
Repo rate is the interest rate at which the RBI lends money to commercial banks. Treasury Bills or T-bills are government bonds or debt securities with maturity of less than a year. Further, Spread refers to the difference in borrowing rates and lending rates of financial institutions.
- Question 4 of 6
4. Question
1 pointsConsider the following statements
- National Company Law Appellate Tribunal was constituted under Companies Act, 2013
- It hears appeals against the orders of Insolvency and Bankruptcy Board of India only
Choose correct options
Correct
National Company Law Appellate Tribunal (NCLAT) was constituted under Companies Act, 2013 for hearing appeals against the orders of (a) National Company Law Tribunal(s) (NCLT) (b)Insolvency and Bankruptcy Board of India and (c) Competition Commission of India (CCI).
Incorrect
National Company Law Appellate Tribunal (NCLAT) was constituted under Companies Act, 2013 for hearing appeals against the orders of (a) National Company Law Tribunal(s) (NCLT) (b)Insolvency and Bankruptcy Board of India and (c) Competition Commission of India (CCI).
- Question 5 of 6
5. Question
1 pointsConsider the following statement with regards to Article 35-A
- Article 35-A was incorporated in the Constitution in 1954 through constitutional amendment
- It gives the Jammu and Kashmir Legislature a complete freedom to decide, who are all ‘Permanent Residents’ of the State.
Choose correct options
Correct
Article 35-A was incorporated in the Constitution in 1954 through Presidential order.It gives the Jammu and Kashmir Legislature a complete freedom to decide, who are all ‘Permanent Residents’ of the State. This confers on them (a) special rights and privileges in public sector jobs (b) acquisition of property in the State (c)scholarships as well as public aid and welfare and (d)If a native woman marries a man not holding a permanent resident certificate of Jammu & Kashmir, then she would be restricted from her property right.
Incorrect
Article 35-A was incorporated in the Constitution in 1954 through Presidential order.It gives the Jammu and Kashmir Legislature a complete freedom to decide, who are all ‘Permanent Residents’ of the State. This confers on them (a) special rights and privileges in public sector jobs (b) acquisition of property in the State (c)scholarships as well as public aid and welfare and (d)If a native woman marries a man not holding a permanent resident certificate of Jammu & Kashmir, then she would be restricted from her property right.
- Question 6 of 6
6. Question
1 pointsConsider the following statements
- Employee State Insurance scheme is an integrated measure of social Insurance embodied in the Employees’ State Insurance Act, 1948.
- The ESI Corporation extends health insurance and medical services to all those establishment which have 20 or more workers and all those employees whose monthly wages are up to Rs 15,000.
Choose correct options
Correct
Employee State Insurance scheme is an integrated measure of social Insurance embodied in the Employees’ State Insurance Act, 1948. The ESI Corporation extends health insurance and medical services to all those establishment which have 20 or more workers and all those employees whose monthly wages are up to Rs 21,000.
The EPFO covers all those firms that have 20 or more employees. Workers whose basic wages are up to Rs 15,000 per month at the time of joining the job are mandatorily covered under the scheme.
Incorrect
Employee State Insurance scheme is an integrated measure of social Insurance embodied in the Employees’ State Insurance Act, 1948. The ESI Corporation extends health insurance and medical services to all those establishment which have 20 or more workers and all those employees whose monthly wages are up to Rs 21,000.
The EPFO covers all those firms that have 20 or more employees. Workers whose basic wages are up to Rs 15,000 per month at the time of joining the job are mandatorily covered under the scheme.
