Prelims Practice Questions 01-03-2019

1) Consider the following statements with respect to International Energy Agency's Technology Collaboration Programme on Bio-energy (IEA’s Bio-energy TCP)

1. It aims to improve cooperation and information exchange between countries that have national programmes in bio-energy research, development and deployment.
2. Union Ministry for New and Renewable Energy is a member to this collaboration programme.

Which of the statement(s) given above is/are correct?

2) The Reserve Bank of India (RBI) has recently formed a task force under Usha Thorat for which of the following purposes?

3) The Union Cabinet has recently approved the National Mineral Policy (NMP) 2019. Consider the following statements with respect to NMP-2019

1. It replaces the extant National Mineral Policy 2008.
2. It encourages the private sector to take up exploration.
3. It introduces the concept of Inter-Generational Equity.

Which of the statement(s) given above is/are correct?

4) Consider the following statements with respect to New Delhi International Arbitration Centre (NDIAC) 

1. The Chairperson of NDIAC will be appointed by the Supreme Court of India.
2. Only Judges from Supreme Court will be appointed as chairperson of NDIAC.

Which of the statement(s) given above is/are correct?

5) Consider the following statements with respect to Organisation of Islamic Cooperation (OIC)

1. Its member countries spread over four continents.
2. India is not a member to OIC.

Which of the statement(s) given above is/are correct?

6) Hanoi summit sometimes seen in the news recently, is associated with which of the following two countries?

7) Consider the following statements with respect to PM JI-VAN Yojana

1. It aims to explore and exploit untapped unconventional hydrocarbons in India.
2. It will be implemented by the Ministry of Petroleum and Natural Gas.

Which of the statement(s) given above is/are correct?

8) Consider the following statements with respect to Asian Infrastructure Investment Bank (AIIB)

1. It is a Multilateral Development Bank, headquartered in Philippines.
2. India is the Second Largest shareholder in the AIIB and its largest borrower.

Which of the statement(s) given above is/are correct?

9) Consider the following statements with respect to TRIFOOD Scheme

1. The main objective of the project is to reduce price volatility in agriculture commodities such as vegetables.
2. It is a joint initiative of Ministry of Food Processing Industry and Food Safety and Standards Authority of India (FSSAI).

Which of the statement(s) given above is/are correct?

10) Consider the following statements

1. Minimum Support Price (MSP) is essentially a form of market intervention undertaken by the government, to provide a safety net to farmers in case of a price drop.
2. Minimum Support Prices (MSPs) will not be applicable to Minor Forest Produces (MFPs) in India.

Which of the statement(s) given above is/are correct?