Hello Everyone, how is your preparation going for UPSC IAS Prelims 2016? On large public demand, we would be publishing the answers of quiz on the same day at 5 PM. So, it will help you to cross check easily. But, don’t forget to write your answers in comment section, so that you can easily cross check your mistakes in the evening.
[Questions]
Q.1) Which of the following statements is/are correct about Global Depository Receipts?
1. It is an instrument to raise money from abroad.
2. It was earlier known as Euro issues.
3. These receipts are in the form of foreign currency.
Select the correct statements using the codes given below:
a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) 1, 2 and 3
Q.2) Consider the following statements:
1. Foot loose industries can be set up away from the market.
2. Green GDP is the total value of goods and services provided by industries that do not have banking risks associated with them.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both 1 and 2
d) None of the above
Q.3) Which of the following currencies are part of Special Drawing Rights currency basket?
1. U. S. dollar
2. British Pound
3. Japanese Yen
4. Euro
Select the correct statement using the codes given below?
a) 1 and 4 only
b) 1, 3 and 4 only
c) 1, 2 and 4 only
d) 1, 2, 3 and 4
Q.4) A country is said to be in a debt trap when
a) it has to abide by the conditionalities imposed by the International Monetary Fund
b) it has to borrow to make interest payment on outstanding loans
c) it has been refused loans or aid by creditors abroad
d) the World Bank charges a very high rate of interest on outstanding as well as new loans.
Q.5) The “Give it Up” campaign recently in news is associated with
a) Curbing Domestic Violence by moral persuasion
b) Prohibition of Consumption of alcoholic Drinks in certain States
c) Surrendering Duplicate ration cards
d) LPG Subsidy
Q.6) Which of the following encounters loss at the time of high inflation?
1. Individuals on fixed incomes
2. Retirees
3. Creditors (who lent at fixed rate of interest)
4. Debtors (who will pay back at fixed rate of interest)
Select the correct answer using the codes given below:
a) 2 and 3 only
b) 1 and 4 only
c) 1, 2 and 4 only
d) 1, 2 and 3 only
Q.7) Which of the following schemes fall under EEE Scheme of Taxation?
1. Provident Fund
2. Kisan Vikas Patra
3. Unit Linked Insurance Plans
4. Sukanya Samriddhi Account
Select the correct answer using the codes given below.
a) 1 and 4 only
b) 1, 2 and 4 only
c) 1 only
d) 1, 2, 3 and 4
Leave a Reply