The 10 PM Daily Quiz – 6 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 statement regarding India and Qatar affairs:

1. Both the countries have decided to work together to combat global terror financing.
2. Felt the need to isolate the sponsors and supporters of terrorism and to disrupt terrorist movements.
3. An MoU was also signed between the two countries that would facilitate foreign investment from the gas-rich Gulf state.
4. An agreement was also signed between on cooperation and mutual assistance in custom matters.
5. The two sides decided to constitute an inter-ministerial high-level joint committee to regularly review all bilateral matters, as well as regional and global issues of mutual interest.

Select the correct statement using the codes given below:

a) 1 and 2 only
b) 2 and 3 only
c) 3 and 4 only
d) All of the above

Q.2) Consider the statement regarding Pakistani Sindhi Hindus:

1. According to all India Sindhi-Hindu Society nearly 35,000 Sindhis from Pakistan were living as refugees in M.P.
2. The Centre will set up a four-day camp to grant Indian citizenship to the Sindhi Hindus who migrated to India from Pakistan between 1971 and 2009.

Select the correct statement using the codes given below:

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

Q.3) Consider the following statement regarding Index of Industrial Production (IIP) and Wholesale Price Index (WPI):

1. Government will revise IIP and WPI indices by the end of this year.
2. With a new base year of 2011-12.

Select the correct statement using the codes given below:

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

Q.4) Consider the following statement regarding cross-border insolvency law
1. The Insolvency and Bankruptcy Code passed by Parliament recently provides a framework to deal with issues involving cross-border insolvency.
2. India have adopted the United Nations Commission on International Trade Law’s Model Law of Cross Border Insolvency.
Select the correct statement using the codes given below:

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

Q.5) Consider the following statement regarding Stilwell road
1. It routed military supplies from India to Myanmar during World War-II.
2. The Stilwell road is now the backbone of proposed Bangladesh-China-India-Myanmar (BCIM) economic corridor.
Select the correct statement using the codes given below:

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

Q.6) Which of the following terms are used to refer Black Economy?
1. Parallel Economy
2. Underground Economy
3. Shadow Economy
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) All of the above

Q.7) The Government has taken various steps to curb black money, but it has also resulted into some unintended consequences for the economy. Which of the following are such consequences?
1. An increase in the preference for cash in physical form
2. Notable increase in the usage of formal banking channels
3.  Increase in lending rates in the black economy
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) All of the above