08-05-2023 MCQs Test English

5 Questions

1. Consider the following statements regarding Prevention of Money Laundering Act (PMLA).

  1. PMLA states that both the Adjudicating Authority and the Appellate Tribunal shall not be bound by the Code of Criminal Procedure, 1908 but by the principles of natural justice.
  2. Director, FIU-IND and Director (Enforcement) have been conferred with exclusive and concurrent powers under relevant sections of the Act to implement the provisions of the Act.

Choose the correct answer.


2. Consider the following statements with respect PM MITRA SCHEME.

  1. It is launched by the Ministry of Textiles.
  2. PM MITRA Parks will be set up on the basis of proposals received from State Governments having ready availability of contiguous and encumbrance-free land parcel of minimum1000 acres.

Choose the correct answer.


3. Which of the following are forms of Money Laundering.

  1. Hawala system,
  2. Smuggling bulk amounts of money ,
  3. Fictional loans,
  4. Business involving cash-incentives

Choose the correct answer.


4. Consider the following statements with respect to PM PRANAM SCHEME.

  1. The PM PRANAM stands for PM Promotion of Alternate Nutrients for Agriculture Management.
  2. The government plans to introduce this scheme to reduce the use of chemical fertilisers in India by incentivising states.
  3. The scheme will be financed by the savings of existing fertiliser subsidy under the schemes run by the Department of Fertilisers scheme and will not have a separate budget.
  4. 50% subsidy savings will be given as a grant to the state that saves money.

Choose the correct answer.


5. Which of the following are favourable conditions for Temperature Inversion.

  1. Long winter night
  2. Clear sky
  3. Still air

Choose the correct answer.

4 - 3 ?