The 10 PM Daily Quiz – 26 April, 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 Exchange rate

1. Lower exchange rate will discourage Foreign Investment.
2. Lower exchange rate will encourage exports, and thus good for foreign markets.

Select the correct answer using the codes given below:

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Q.2) Which of the following is not a “Singapore Issue”?

a) Trade and Investment
b) Competition Policy
c) Government Procurement
d) All of the above are “Singapore issues”.

Q.3) Consider the following statements regarding Non-Banking Financial Company (NBFC)

1.  It includes any institution whose principal business is that of agriculture activity.
2. A non-banking institution which is a company and has principal business of receiving deposits under any scheme or arrangement in one lump sum or in installments by way of contributions or in any other manner, is also a NBFC.
3. A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act.

Select the correct answer using the codes given below:

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

Q.4) Consider the following statements

1. ‘Jan Aushadhi’ is a campaign launched by the Department of Pharmaceuticals in association with Central Pharma Public Sector Undertakings, to provide quality medicines at affordable prices to the masses.
2. Generic medicines have less efficacy than their branded equivalent.

Select the correct answer using the codes given below:

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Q.5) YK Alagh committee is related to which of the following?

a) Poverty estimation
b) Financial inclusion
c) Panchayati Raj
d) Generic medicines

Q.6) Consider following statements regarding Panchayati Raj

1. It was constitutionalised by the 74th Constitutional Amendment Act of 1992
2. April 25 is celebrated as National Panchayati Raj day

Select the correct answer using the codes given below

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Q.7) Consider the following statements regarding Department of Industrial Policy & Promotion

1. Responsible for intellectual property rights relating to patents, designs only
2. Responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector
3. It is under the Ministry of Commerce and Industry

Select the correct answer using the codes given below

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