The 10 PM Daily Quiz – 8 June, 2016

Hi Friends,

Starting Monday, March 28, 2016 We are taking up a new initiatives for Prelims 2016 . We will be posting a 7-10 Questions Quiz based on 9 PM Brief, on a daily basis.

The purpose of these is to enable practise on a daily level for you to prepare Current Affairs for Civil Services Prelims Examination. This questions will be moderate level and it is expected of you solve these questions with decent overview of 9 PM Brief

Please type your answers in the comments below .

Note : Answers to the quiz will be posted one day later.

Q.1) Consider the following statements regarding procedure of ratification of a treaty
In India, an International treaty is ratified by the decision of the Union Cabinet.

1. In US,  an International treaty is ratified by the signature of the President.
2. In the case of European Union, ratification is required by two-third majority of the total member.

Select the correct answer using the codes given below:
a) 1 and 2 only
b) 1 and 3 only
c) 1, 2 and 3
d) 1 only

Q.2) Consider the following statements regarding Accommodative monetary policy

1. It is another term for contractionary monetary policy.
2. The objective of this kind of policy is to encourage more spending by making money less expensive to borrow by lowering the interest rate.

Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are true
d) Neither is true

Q.3) Consider the following statements regarding Open Sky Policy
1. Its objective is to  to create a free-market environment for the airline industry.
2. Currently, India has open sky agreements with UK without restriction.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are true
d) Neither is true

Q.4) Why does India wants Trade Facilitation Agreement (TFA) in services?

a) It will pave the way for better negotiations on services at the bilateral and regional Free Trade Agreement negotiations.

b) It will help in providing greater clarity in case of disputes arising out of visa-related restrictions.

c) TFA in Services will ease the flow of global services trade.

d) All of the above

Q.5) Consider the following statements regarding Chinese policy on religious practices:

1. It banned public observance of Ramzan.
2. It banned minors from getting religious practice.

Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are true
d) Neither is true

Q.6) What are the objectives of lead bank scheme?

1. Eradication of unemployment and underemployment.
2. Appreciable rise in the standard of living for the poorest of the poor.
3. Provision of some of the basic needs of the people who belong to poor sections of the society

Select the correct answer using the codes given below:

a) 1 and 2 only
b) 1 and 3 only
c) 1, 2 and 3
d) 1 only

Q.7) Consider the statement regarding Business correspondent:

1. They are bank representatives.
2. They help villagers to open bank accounts.
3. They help villagers in banking transactions. (deposit money, take money out of savings account, loans etc.)

Select the correct answer using the codes given below:

a) 1 and 2 only
b) 1 and 3 only
c) 1, 2 and 3
d) 1 only