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Daily Current Affairs Prelims Quiz 02-07-2022 - (Online Prelims Test)

1) Consider the following statements:

  1. This species is found in all states of North-East India.
  2. They are categorized as Endangered by IUCN.
  3. They are the only species of apes found in India.

Identify the species.

a. b. c. d.

2) Consider the following statements:

  1. Mitochondrial DNA is a double-stranded, circular chromosome found inside the cellular organelles.
  2. While nuclear DNA is encoded for the genetic information of only the nucleus, mitochondrial DNA is encoded for the genetic information of the entire cell.
  3. While mitochondrial DNA is polyploidy, nuclear DNA is monoploidy.

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

a. b. c. d.

3) Consider the following statements:

  1. Every G-sec has a face value, coupon payment, and price, and is the safest investment in any economy.
  2. The price of the bond may or may not be equal to the face value of the bond.
  3. If G-sec yields are going up, it implies that lenders are demanding more from private sector firms or individuals.

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

a. b. c. d.

4) Consider the following statements:

  1. The Indian Telegraph Act, 2003 gives statutory status to the Universal Service Obligation Fund (USOF).
  2. The objective of USOF is to provide widespread and non-discriminatory access to quality ICT services at affordable prices to people in rural and remote areas.

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

a. b. c. d.

5) Consider the following statements:

  1. Angel investment is a form of equity financing where the investor supplies funding in exchange for taking an equity position in the company.
  2. Angle investment is riskier because the invested capital does not have to be paid back in the event of the business failing.
  3. Angel funds in India are regulated by RBI under the umbrella regulations for Alternative Investment Funds (AIFs).

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

a. b. c. d.
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