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Prelims Practice Questions 10-04-2018

01. Consider the following statements.

  1. Prompt Corrective action framework is a mechanism under which RBI takes corrective actions on troubled banks.
  2. Banks to be placed under it are assessed on three parameters viz. Capital ratios, Asset Quality and Profitability.

Which of the above statements is/are correct?

a. b. c. d.

02. Consider the following statements.

  1. A Systemically Important Bank is a bank whose failure might trigger a financial crisis.
  2. They are also referred to as "too big to fail" institutions.
  3. Size, Interconnectedness, Complexity, Substitutability are the criteria followed for identifying Global- systemically important Banks.

Which of the above statements is/are correct?

a. b. c. d.

03. Consider the following statements.

  1. Schedule H is a class of prescription drugs listed under Drugs and Cosmetics Rules, 1945 which governs manufacture and sale of all drugs in India.
  2. Drugs Technical Advisory Board is part of Central Drugs Standard Control Organization (CDSCO) in the Ministry of Chemicals and Fertilizers.

Which of the above statements is/are correct?

 

a. b. c. d.

04. Consider the following statements.

  1. Odilorhabdins or ODLs are new class of antibiotics that fights drug resistance.
  2. It was produced by symbiotic bacteria found in soil-dwelling nematode worms that colonise insects for food.

Which of the above statements is/are correct?

a. b. c. d.

05. Consider the following statements.

  1. Four new species Pied Kingfisher, White-throated Kingfisher, Black-capped Kingfisher and Common Kingfisher are identified in Krishna Wildlife sanctuary, Telangana.
  2. These species are accorded Least Concern category by IUCN.

Which of the above statements is/are correct?

a. b. c. d.

06. Consider the following pairs.

Wildlife sanctuaries/National Parks

Location

01. Lothian Island

West Bengal

02. Gumti WLS

Tripura

03. Kawal WLS

Telangana

Which of the above statements is/are correct?

a. b. c. d.

07. Consider the following statements.

  1. Sambandh is a Public Procurement portal for Micro Small and Medium Enterprises (MSME).
  2. The objective of the portal is to monitor the implementation of the Public Procurement from MSEs by Central Public Sector Enterprises.

Which of the above statements is/are correct?

a. b. c. d.

08. DARPAN project is launched by which one of the following Ministries?

  1. Ministry of Commerce
  2. Ministry of Communication
  3. Ministry of Statistics and Program implementation
  4. Ministry of Human Resources and Development

a. b. c. d.

09. Consider the following statements.

  1. Wholesale Price Index measures both goods and services.
  2. The base year is 2011-12
  3. It is calculated by Central Statistical Organisation

Which of the above statements is/are correct?

a. b. c. d.

10. Consider the following statements.

  1. Invest India is the National Investment Promotion and Facilitation Agency of India and acts as the first point of reference for investors in India.
  2. Invest India is set up as a non profit venture under the Department of Industrial Policy and Promotion, Ministry of Commerce and Industries.

Which of the above statements is/are correct?

 

a. b. c. d.
2 comments
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Manav 6 years

Thank you for your efforts. I have a query regarding question no:1, option b. PCA works on four parameters, the fourth being Leverage ratio? But the answer and explanation support the given statement. 

Kindly address this query. Thanks. 

sarita yadav 6 years

Thank you so much sir for daily questions...but sir please upload  11th and 12 April questions.