Daily Quiz : UPSC Prelims Marathon – March 7



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Comments

107 responses to “Daily Quiz : UPSC Prelims Marathon – March 7”

  1. Arthanari Avatar
    Arthanari

    1/5…

  2. absolutely right. All debentures are bonds but vice versa may not be true. Hence statement 1 is correct.

  3. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    🙂 , I understand Bhoomi . You are absolutely right !!!

  4. Bhoomi sharma Avatar
    Bhoomi sharma

    good to see that yu took my words in a positive sense..yu are really doing well in all the platforms just keep the spirit on..
    I said so because my friend gave cse pre 2016..she got cleared and appeared for mains..but she was not able to clear the reason was flowing of her in the winds of overconfidence with a blind eye on her target…
    so was just telling you as a friend as an aspirant..coz deserving candidates like you should win the race…:)

  5. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    There is a fine line between overconfidence and positive outlook. As you advised, I will take care not to be overconfident with good scores (However, out of 10 tests I give, only twice or thrice I get good marks – rest of the time I get average or just above average marks)
    All the best to you BHOOMI !!!
    Actually – the comment related to SAKARATMAKTA is based on my experience – when I feel disappointed or think negatively – I waste my entire day :-). However, in case of positive thought process – I would have learnt from my mistakes. Hence, preached JEAN regarding SAKARATMAKTA
    Note – KOHLI is always CHARGED UP !!!!

  6. Jean Grey Avatar
    Jean Grey

    Thank you buddy. You are right.
    ??

  7. Bhoomi sharma Avatar
    Bhoomi sharma

    it seems you are highly charged up for prelims….
    just one thing as an aspirant don’t take it otherwise…just don’t be overconfident with good scores all the time…don’t compromise the pace of your studies
    all the best..:)

  8. Mithun Chakraborty Avatar
    Mithun Chakraborty

    very true..thanks

  9. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    Sakaratmakta banaye rakho 🙂 ( believe that you will achieve success)
    Negative thoughts even if it come for a moment have potential to get entrenched in you just like a minute spark can lead to massive forest fire !!!

  10. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    good

  11. Suraj Its Me Avatar
    Suraj Its Me

    Results
    1 of 5 questions answered correctly

    Your time: 00:03:52

    You have reached 1 of 5 scores, (20%)

  12. Best wishes to you too. 🙂

  13. Jean Grey Avatar
    Jean Grey

    Ok buddy ^_^.All the best

  14. Aww, abhi sirf prelims mode on hai.
    And please don’t think of “nahi Hua to”! Attitude rakho ke teeno stages Isi baar clear karne hain! 🙂

  15. Jean Grey Avatar
    Jean Grey

    I am fine sis. Just miss you & your answers on insights 🙂

    Selection hua to achi & ni hua to buri :P:P

  16. Hi Jean 🙂
    How are you? How is preparation going on? 🙂

    Yes. The real test is on 18th.

  17. Jean Grey Avatar
    Jean Grey

    after long time buddy.Nice to see you.

    Don’t bother about scores , sis. 🙂 Just focus on learning aspect. real fight is on 18th June. we will work hard for it 🙂

  18. Across Avatar
    Across

    5/5

  19. Jean Grey Avatar
    Jean Grey

    4/5 question no. 1 – Its new information for me.:) thank you

  20. sure.

  21. Mrinal Mukherjee Avatar
    Mrinal Mukherjee

    3/5
    Had absolutely no idea of Q1 🙁

  22. [_@$+ $+@&d Avatar
    [_@$+ $+@&d

    1 of 5 scores 20%

  23. Ripple_Effect Avatar
    Ripple_Effect

    Daily Quiz: March 7
    Results
    3 of 5 questions answered correctly
    Your time: 00:01:48
    You have reached 3 of 5 scores, (60%)

  24. Ashish Avatar
    Ashish

    4 /5

  25. Lord Vorminious Avatar
    Lord Vorminious

    Devaluation will indirectly increase import duties from developed nations without getting into trouble with MFN clauses. Thereby it makes imports more expensive and helps in CAD abridging.

  26. Aasan_Hain Avatar
    Aasan_Hain

    out of 5 .. 3 right .. 1st 3..
    last 2 wrng …

  27. can anybody tell me how is currency devaluation decrease CAD?? i believe it will increase import bill !! cad is negatively effected here .

  28. 4/5

  29. Simplex Avatar
    Simplex

    Daily Quiz: March 7

    Results

    2 of 5 questions answered correctly

    Your time: 00:02:00

  30. mauli sinha Avatar
    mauli sinha

    3 of 5 questions answered correctly

    Your time: 00:02:33

  31. Khushi Avatar
    Khushi

    Please mention the source of answer… so that it can be cross checked.

  32. Suprme Leader ON Kharai-Camel Avatar
    Suprme Leader ON Kharai-Camel

    yup….FTAs are exceptions…..hahaha, complex? Bahot complex. Fatt leti hain.. 🙂

  33. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    hmm, free trade agreements, regional trade agreements also show favourable trade conditions as compared to members not included in those FTAs/RTAs – this is an exception to MFN clause of WTO. Bhai, WTO ka constitution to Indian constitution se be complex nikala 🙂

  34. Avinash Avikam Avatar
    Avinash Avikam

    True dear, as empty bottles always have more potential to get filled. Here 0 , forum IAS is 100% so maximum potential difference,

  35. Suprme Leader ON Kharai-Camel Avatar
    Suprme Leader ON Kharai-Camel

    Bhaii…waise toh WTO kaa member bnne mei draft mei likha hota hain MFN automatically applies…!! Kuch FTA ke case mei exception b hota hain…..but 2 WTO member kee bnn nahi rahi hain….toh woh ek dooze ko sahi treat nahi krte as per WTO norms (unlke other members)….But mood bnn zaata hain toh yeh show krnaa ki haan, ab hamaari bnne lagi hain…and i wil equally treat 2nd member….but its not like ki 2nd waala 1st waale ko equal treat karein…….!! But WTO ke norms mei MFN kaa meaning yehi hain ki hereby i commit myself to treat all WTO members equally ( in term of barriers)…!!

    P.S : WTO ke constitution ke articles mein iska (MFN) meaning yehi hain….aur yeh clause issi kaaran likhaa gayaa ki koi Faaltu baad mei nahi bole ki hume toh bataaya ni tha.

  36. AGAINST_ALL_ODDS Avatar
    AGAINST_ALL_ODDS

    Daily Quiz: March 7
    Results
    3 of 5 questions answered correctly

  37. Solitude Avatar
    Solitude

    One thing should also be emphasized that MFN status of non discriminatory approach is valid only if all member countries are WTO members, I mean country who got MFN status and other countries with whom privileged trade is carried on, both should belong to same body – WTO.

  38. Solitude Avatar
    Solitude

    As per your example, if India does some changes in trade with Germany (a WTO member) then it must have to follow the same approach to all those WTO member countries who have got MFN status by India.

  39. Aditi1386 Avatar
    Aditi1386

    Results

    4 of 5 questions answered correctly

    Your time: 00:01:43

    You have reached 4 of 5 scores, (80%)

    Average score 41.35%

    Your score 80%

  40. न्यूज वो बना रहे हैं जिन्हे पूरा ज्ञान नहीं है..

  41. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    ohhh 🙂 Tab is symbolic baat ke liye hi India Pakistan ko MFN status de ya naa de – itni badi news ban gayi ?

  42. भाई मेरे ये MFN का पूरा कन्सप्ट symbolic है….

  43. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    Bhai – what you have written is perfectly correct and I understand it
    My main question is – MFN status to all members of WTO or to only these 3 countries ?

  44. Lara croft Avatar
    Lara croft

    ??

  45. Solitude Avatar
    Solitude

    Suppose, you have three friends in your classroom. You have little bit different relations with all the three friends. With such few difference, it is possible that you may leave one friend and not invite on your birthday party. But, one day A friend whom you not liking much, you give him MFN status. Matlab, ke Ab tumhare saath discriminate nahi kar sakte. You will also be invited to the birthday party If I invite other two. This compulsion has been made because the third friend was also belong to the same classroom.

  46. agree, thanks for the clarification Arsenal ..regards !

  47. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    Koi naaa – getting 0/5 now should motivate you to learn 5 new concepts – which may even come in exam and you will enjoy the fruit of success in real exam then 😉

  48. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    I always had one confusion – If a country has to give all other WTO members MFN status, why outcry for giving Pakistan MFN status. Why India has given MFN status to Bangladesh, Pakistan and Vietnam. Though, it is evident that a country should follow non-discriminatory trade policies for all the trading partners, does it mean India can have favourable trade policies for these 3 nations by having lower import duties and tariffs on trade as compared to other nations. Means if India reduces tariff on German products, it will have to do it for these 3 MFN nations also, or India would need to lower the tariffs for all other WTO members ?
    Some economy expert, please clear my doubts

  49. Arsenal Avatar
    Arsenal

    For clarity’s sake, If I have the adequate capital even I can become an
    FII (if you assume that I am a foreigner). However, I cannot be a
    reputed lead manager. That function is specialized and is only for
    certain investment bankers, i.e, lead managers.

  50. Solitude Avatar
    Solitude

    Hahahaha…….Question na hua, constitution ka koi article ho gaya jiski aap interpretation kar diye

  51. Assassin Avatar
    Assassin

    4/5

  52. nrm007 Avatar
    nrm007

    You have reached 4 of 5 scores, (80%)

    Average score 40.87%
    Your score 80%

  53. Arsenal Avatar
    Arsenal

    P Notes are issued ‘through’ FII’s not FCCB’s. You were right all along Quest. FCCB’s are issued through reputed lead managers in international capital markets. FII”S invest in FCCB’s.

  54. and I thought only P-notes are issued ”Through”..possibly I need to read more on FCCBs ..thanks anyways !

  55. mera sar chakra raha hai ab 😛

  56. rockersindia Avatar
    rockersindia

    You have reached 4 of 5 scores, (80%)

    Average score 40.87%
    Your score 80%

  57. ??
    FII ko issue karti hai ya uske jariye issue karti hai ??

  58. And today I failed really hard. Kal ka 5/5 we sedha 1/5.
    Kya baat hai…….

    Abb to raat-din , mixing economics with rooti, kapda aur makan hi muje bacha sakta hai. 🙂

  59. Arsenal Avatar
    Arsenal

    It wasn’t Indian markets only though. Dow jones had a flash crash too, it opened 1000 points gap down that day. The world went mad.

  60. By- के द्वारा
    Through -के जरिये/के माध्यम से
    To- को/की तरफ

    MNC FII के जरिये FCCB issue करती है

    इस वाक्य में क्या परेशानी है?

  61. काफ़िर Avatar
    काफ़िर

    Okay, I did not account for the net effect due to cheap exports and reduction in demand for imports.

    Indian markets are too sentimental anyway. I did intra-day futures on ICE at a prop-trading firm.

  62. that precisely is what I’m trying to figure out 😀

  63. Suprme Leader ON Kharai-Camel Avatar
    Suprme Leader ON Kharai-Camel

    ques-1 galat krnaa bnta tha…in fact Exam mei hum skip kr dete…but Simple waale kaahe galat kare ho aap? 🙂

  64. prasanta Patra Avatar
    prasanta Patra

    I also think so, can any Fii issue FCB???

  65. I understand the diff between a deb and a bond ..

    for statement 2 – Isn’t there a diff between issued through and issued ”to” ??

  66. Chacha Choudhary Avatar
    Chacha Choudhary

    07 Mar, 2017
    Daily Quiz: March 7
    Results

    4 of 5 questions answered correctly

    Your time: 00:02:44

    You have reached 4 of 5 scores, (80%)

    Average score 40.38%Your score 80%
    Categories
    Economy 80%
    Thanks for attempting the Quiz.

  67. Hi friend you expresed your feeling, but we are not, nothing else. i hope many people are in same position as me. dont worry we will rock in future.

  68. I think given answer is correct.

    Though bonds and debentures are interchangeably used in India but there is big difference between both.

    So first statement is wrong.

    2nd statement is right. FCCBs are quasi-debt instruments and tradable on the stock exchange. Investors are hedge-fund arbitrators or foreign nationals.

    So if we say that these are issued through foreign institutional investor, what is wrong in that?

  69. Results
    4 of 5 questions answered correctly

    Your time: 00:02:08

  70. Suprme Leader ON Kharai-Camel Avatar
    Suprme Leader ON Kharai-Camel

    Ab zaldi party ke saath Funde b de daalo hum sbhi ko….!! Aapne ques-1 sahi kia hain….Khushi mei party toh bnti hain.

  71. Arsenal Avatar
    Arsenal

    You are wrong bro. I’ll tell you why through an incident in my life.

    Around one and a half years back, (the date was August 23th, 2015). The chinese government had decided to devalue their currency overnight, the reasoning behind this was to make their exports cheaper and more appealing ultimately leading to greater exports and decreasing their CAD. The world was not prepared for this hard landing + chinese economic slowdown, what transpired the next day (August 24th, 2015) was total madness.

    As expected, there was a bloodbath on dalal street the next day. Sensex fell by 1600 points intraday!!! I almost went bankrupt and remember the panic vividly, there was chaos all around.

    Moral of the story, when currency is devalued, CAD will decrease :p

  72. Suprme Leader ON Kharai-Camel Avatar
    Suprme Leader ON Kharai-Camel

    Party de do bhaaii…….!! 🙂 Enjoy Each and every moment of journey with us. 🙂

  73. OMG today i got 4/5

  74. question 1-statement 2 ? anybody (I feel the answer should have been none of the two )

  75. Daily Quiz: March 7
    Results
    3 of 5 questions answered correctly

    Your time: 00:01:31

  76. Suprme Leader ON Kharai-Camel Avatar
    Suprme Leader ON Kharai-Camel

    Prime lending rate aate hue b galat kr dia.,…Yeh toh nahi bntaa tha..!! So simple ques….

  77. question 1-statement 2-explain

  78. Arun Ganesh Avatar
    Arun Ganesh

    Please explain 1st question

  79. Suprme Leader ON Kharai-Camel Avatar
    Suprme Leader ON Kharai-Camel

    You have reached 3 of 5 scores, (60%)

    Average score 38.94% Your score 60%

    P.S. –Band bazz gaii…!!

  80. 1….wow number 1

  81. Hrangkekuala Avatar
    Hrangkekuala

    1/5

  82. Race 6. Avatar
    Race 6.

    4/5

  83. काफ़िर Avatar
    काफ़िर

    AFAIK, currency devaluation increases the cost of import and will increase CAD.

  84. काफ़िर Avatar
    काफ़िर

    You’re right. Debenture is synonymous with bond and is essentially a British term for it.

  85. THOR nd MJOLNEER Avatar
    THOR nd MJOLNEER

    Keep working.

    Things will start improving.

    Applicable to both of us 🙂

  86. THOR nd MJOLNEER Avatar
    THOR nd MJOLNEER

    Good job done. 🙂

  87. THOR nd MJOLNEER Avatar
    THOR nd MJOLNEER

    Results
    2 of 5 questions answered correctly

    Your time: 00:03:38

    Most close to most 🙂

  88. Solitude Avatar
    Solitude

    Hummm….Such situation has shaken me many times. Today, u r the victim

  89. Mujhe economics nahi samajh aa rahi. Mere bure scores ka silsila nahi tham raha:|

  90. This test was a simple one.

  91. How come people are scoring 4 and 5? I could not even score 3. 🙁

  92. Solitude Avatar
    Solitude

    Secured debentures are backed by the assets and so highly secured. For the sake of understanding we can also assume government security as insecure one. Logic should be backed by good rationale. Don’t take it offensive. It is my thoughts

  93. Arsenal Avatar
    Arsenal

    1st question looks wrong to me. FCCB’s are not issued through FII’s, rather, FII’s can choose to invest in FCCB’s.
    Also, FCCB’s are a lot like convertible debentures as far as i know. The difference being that they are issued in foreign currency to overseas investors with an option of conversion to equity.
    However, technically debentures won’t be the correct term per se. Nevertheless, in the Indian context, debentures and bonds are often used interchangeably.

  94. Vib2017 Avatar
    Vib2017

    Debentures may be secured (like guarantee by govt. for T.Bill) but it carries high risk and generally considered riskier and unsecured investment .

  95. Solitude Avatar
    Solitude

    It’s not so. Debentures are also secured.

  96. Lara croft Avatar
    Lara croft

    3/5

  97. Vib2017 Avatar
    Vib2017

    1.Convertible debentures are different from convertible bonds because debentures are unsecured; in the
    event of bankruptcy, the debentures are paid after other fixed-income holders

  98. Vib2017 Avatar
    Vib2017

    Daily Quiz: March 7
    Results
    3 of 5 questions answered correctly

    Your time: 00:03:05

  99. Mithun Chakraborty Avatar
    Mithun Chakraborty

    0/5…best performance so far

  100. Solitude Avatar
    Solitude

    Debenture is also a kind of bond. As far as I know bond is a general term issued by any entity whether it is private or public company, government or whatever. Debenture is bond issued by company only.
    So why in question 1 , option a is not accepted as correct option?
    Any idea guys?

  101. Lokmanya Avatar
    Lokmanya

    4 Correct one not attemt

  102. Ankita Agarwal Avatar
    Ankita Agarwal

    Results
    5 of 5 questions answered correctly
    Your time: 00:01:56
    You have reached 5 of 5 scores, (100%)

  103. IndianSuperhero Avatar
    IndianSuperhero

    Results
    4 of 5 questions answered correctly

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