17-10-2023 MCQs Test English

1. Ulsoor lake is located in which city?

2. Consider the following statements with respect to Money Laundering.

1. Money laundering is the illegal process of making large amounts of money generated by criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source.
2. Online banking and cryptocurrencies have made it easier for criminals to transfer and withdraw money without detection.

Choose the correct answer.

3. Consider the following statements with respect to Prevention of Money Laundering Act.

1. Section 70 of the stringent Prevention of Money Laundering Act deals with offences by companies.
2. While a political party is not a ‘company’ incorporated under the Companies Act, 2013, the provision has a crucial explanation that could bring a political party under the ambit of the anti-money laundering law.

Choose the correct answer.

4. Consider the following statements with respect to GI tag.

1. A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.
2. In order to function as a GI, a sign must identify a product as originating in a given place.

Choose the correct answer.

5. Consider the following statements with respect to Goan Cashew.

1. Recently, the Goa cashew (kernel) has successfully secured the Geographical Indication (GI) tag.
2. The application for the GI tag for the Goan cashew — derived from the Portuguese name ‘caju’ or ‘kaju’ in Konkani — was filed by the Goa Cashew Manufacturers’ Association (GCMA).

Choose the correct answer.