Q1. With reference to the National Infrastructure and Investment Fund Ltd (NIIFL), often seen in the news, consider the following statements:

  1. NIIFL invests across asset classes such as infrastructure, private equity and other diversified sectors in India, with the objective to generate attractive risk-adjusted returns for its investors. 
  2. Currently, the NIIF is managing the Master Fund, Fund of Funds, and Strategic Fund.

Which of the Statements given above is/are correct?

(a) 1 only            

 (b) 2 only

 (c) Both 1 and 2

 (d) Neither 1 nor 2

Q2. Consider the following statements:

  1. The Medium-term Fiscal Policy Statement is presented to Parliament as per the provisions of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003.
  2. FRBM Act requires the government to limit the fiscal deficit to 5% of the GDP by 2021 and the debt of the central government to 40% of the GDP by 2024-25, among others.

Which of the Statements given above is/are correct?

(a) 1 only            

 (b) 2 only

 (c) Both 1 and 2

 (d) Neither 1 nor 2

Q3. Consider the following statements regarding the Inter-state council, sometimes seen in the news:

  1. The Inter-State Council with Prime Minister as its chairman, is mandated to investigate and advise on disputes between states.
  2. Chief Ministers of all states and Union territories having legislative assemblies, will be members of the council.

Which of the Statements given above is/are correct?

(a) 1 only           

 (b) 2 only

 (c) Both 1 and 2

 (d) Neither 1 nor 2

Q4. With reference to the Pradhan Mantri Jan Vikas Karyakram (PMJVK), consider the following statements:

  1. 1It seeks to provide better socio economic infrastructure facilities only to the poor section of the society, particularly in the field of education, health & skill development.
  2. The scheme is being implemented in every state/UT of the country.

Which of the Statements given above is/are correct?

(a) 1 only           

 (b) 2 only

 (c) Both 1 and 2

 (d) Neither 1 nor 2

Q5. Which of the following statements is/are correct?

  1. Antigenicity refers to the capacity of viruses to bind to specific antibody molecules.
  2. Immunogenicity is the ability of a protein to give rise to an immune response in a competent host and it can be defined only in the biological context of the host.

 Select the correct answer using the codes given below:

 (a) 1 only

(b) 2 only

 (c) Both 1 and 2       

(d) Neither 1 nor 2

Q6. Consider the following statements regarding the Indian Ocean Rim Association (IORA):

  1. The vision for IORA was given by the Indian Prime Minister, while providing a national policy for Indian Ocean.
  2. IORA is a dynamic inter-governmental organization, aimed at strengthening regional cooperation and sustainable development, through its 22 Member States. 

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

 (c) Both 1 and 2               

(d) Neither 1 nor 2

Q7. Consider the following statements regarding the Atal Bimit Vyakti Kalyan Yojana, often seen in the news:

  1. The scheme offers cash compensation to insured persons when they are rendered unemployed.
  2. The contingency of the unemployment could be as a result of superannuation.

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

 (c) Both 1 and 2       

(d) Neither 1 nor 2

Q8. Which of the following statements is incorrect with respect to the Participatory Notes (P-Notes), often seen in the news?

(a) Participatory notes are financial instruments required by investors or hedge funds to invest in Indian securities.

 (b) These are derivative instruments of underlying Indian assets.

 (c) Brokers and Foreign institutional investors (FIIs) must register with the Securities and Exchange Board of India, while investing in India through P-Notes.

(d) None of the above.

Ques  Ans:

1-(c)

2-(a)

3-(c)

4-(d)

5-(c)

6-(b)

7-(a)

8-(d)