The 10 PM Daily Quiz – 14 may, 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

1. Government has approved a three-level planning framework for replacing the five-year plans.
2. This framework will have an over-arching 5-year aspirational plan for achieving the Sustainable Development Goals.

Select the correct statements from the codes given below

a) 1 only
b) 2 only
c) Both are correct
d) Neither are correct

Q.2) Consider the following statements

1. The Aguada Central Jail, Mumbai’s erstwhile prison is to be transformed into a museum.
2. Aguda central jail will be the first prison in India to be converted into a museum.

Select the correct statements from the codes given below

a) 1 only
b) 2 only
c) Both are correct
d) Neither are correct

Q.3) Consider the following statements Incremental Capital Output Ratio (ICOR)

1. It is the additional capital required to increase one unit of output.
2. This ratio is used to measure the efficiency of an industrial unit or country as an economic unit.

Select the correct statements from the codes given below

a) 1 only
b) 2 only
c) Both are correct
d) Neither are correct

Q.4) Consider the statements regarding defamation law:

1. Supreme court is in view that right to reputation is a constituent of Article 21 of the Constitution. It is an individual’s fundamental right.
2. Whoever defames another shall be punished with simple imprisonment for a term which may extend to two years, or with fine, or with both.

Select the correct statement using the codes given below:

a) 1 only
b) 2 only
c) Both are correct
d) Neither are correct

Q.5) Consider the following statements regarding EXIM Bank of India?

1. Export-Import Bank of India is the premier export finance institution in India, established in 1982 under the Export-Import Bank of India Act 1981.
2. Exim Bank is managed by a Board of Directors,and RBI is one of its representative.
3. India’s Exports shrinks to 6.7 per cent in April, narrowing the trade deficit by 20 per cent.

Select the correct answer using the codes given below:

a) 1 only
b) 1 and 2 only
c) All are correct
d) 3 only

Q.6) Consider the following statements regarding core inflation:

1. Core inflation is a measure of inflation that excludes certain items that face volatile price movements.
2. Core inflation is calculated using the Consumer Price Index (CPI) by excluding such commodities.

Select the correct statement using the codes given below:

a) 1 only
b) 2 only
c) Both are correct
d) Neither are correct

Q.7) Consider the follwoing statements using the statements given below:

1. Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.
2. Recently Government has announced “all-encompassing” National Intellectual Property Rights (IPR) Policy.

Select the correct statement using the codes given below:

a) 1 only
b) 2 only
c) Both are correct
d) Neither are correct