21-7-2021 MCQs Test

1. Consider the following statements about the Benchmark Prime Lending Rate (BPLR):

1. It was used as a benchmark rate by banks for lending till June 2010.
2. Under it, bank loans were priced on the actual cost of funds.

Which of the above statements is/are correct?

2. Consider the following statements about the High Altitude Balloons for Internet:

1. They are commonly known as Loon Balloons as the first High Altitude Balloon for providing internet was used under Project Loon.
2. They are powered by solar panels and controlled by software on the ground.

Which of the above statements is/are correct?

3. With reference to the Near-Earth Objects (NEOs), consider the following statements:

1. They are comets and asteroids pushed by the gravitational attraction of nearby planets into orbits which allow them to enter the Earth’s neighbourhood.
2. These objects are composed mostly of water ice with embedded dust particles.

Which of the above statements is/are incorrect?

4. What is dragon fruit?

1. It is hardy and grows in diverse climatic conditions with varied soils, especially in the semi-arid and arid regions of India.
2. It does not prefer acidic soil.

Select the correct answer using the codes given below:

5. Consider the following statements:

1. The summoning of Parliament is specified in Article 87 of the Constitution.
2. India does not have a fixed parliamentary calendar.

Which of the above statements is/are correct?

6. What is Space rice?

1. It is the rice harvested from seeds that went on a 23-day lunar voyage with China’s Chang’e-5 in November.
2. After being exposed to cosmic radiation and zero gravity, these seeds weighing around 40 gram returned and were harvested.

Select the correct answer using the codes given below:

7. Consider the following statements about the OXFAM:

1. Oxfam is a confederation of 20 independent charitable organizations focusing on the alleviation of global poverty.
2. It is a major nonprofit group with an extensive collection of operations.

Which of the above statements is/are correct?

8. Consider the following statements about the Organization of the Petroleum Exporting Countries Plus (OPEC +):

1. It is a permanent and intergovernmental organization.
2. The OPEC Secretariat is its executive organ and is located inZurich.

Which of the above statements is/are correct?

9. Consider the following statements about the Financial Action Task Force (FATF):

1. It aims to analyse the effectiveness of India’s anti-money laundering and countering terrorist financing regime has been postponed for the second time.
2. It is an inter-governmental decision-making body, established in 1990 during the G20 Summit to develop policies against money laundering.
3. In 2010, India was taken in as the 34th member country.

Which of the above statements are correct?

10. Consider the following statements about the Black Softshell Turtle:

1. It is a species of freshwater turtlefound in India and Bangladesh.
2. It does not enjoy legal protectionIndian Wildlife Protection Act,1972.

Which of the above statements is/are correct?