UPSC PRELIMINARY MOCK TEST 30
Congratulations - you have completed UPSC PRELIMINARY MOCK TEST 30.
You scored %%SCORE%% out of %%TOTAL%%.
Your performance has been rated as %%RATING%%
Question 71 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
- Currency Depreciation
- Flow of Hot Money into its economy
- A period of Deflation
Both 1 and 2
Neither 1 nor 2
NIRP : "During deflationary periods, people and businesses hoard money instead of spending and investing. The result is a collapse in aggregate demand which leads to prices falling even farther, a slowdown or halt in real production and output, and an increase in unemployment. A loose or expansionary monetary policy is usually employed to deal with such economic stagnation. However, if deflationary forces are strong enough, simply cutting the central bank's interest rate to zero may not be sufficient to stimulate borrowing and lending."
"The Swiss government ran a de facto negative interest rate regime in the early 1970s to counter its currency appreciation due to investors fleeing inflation in other parts of the world." A negative interest reduces the demand for that currency, thereby resulting in the currency to depreciate. So a NIRP actually helps deal with problems arising due to a strong currency.
Question 72 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Question 73 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Parliament may by law establish a High Court for every State
A State Assembly may, by passing a resolution and subject to the assent of the President, constitute a High Court
There shall be a High Court for each State
Upon the passage of a resolution by a State Assembly shall the Parliament consider the creation of a separate High Court for the State
- Article 214 : There shall be a High Court for each State.
- Article 231 : Notwithstanding anything contained in the preceding provisions of this Chapter, Parliament may by law establish a common High Court for two or more States or for two or more States and a Union territor
In the news : The Haryana Assembly unanimously passed a resolution, urging the Parliament to effect an appropriate amendment in the Punjab Reorganisation Act, 1966 to provide for the creation of a separate High Court for the State in Chandigarh. "
Question 74 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
International Monetary Fund
World Trade Organization
World Economic Forum
Question 75 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
- (i) Ebola fever is a viral disease
(ii) Fruit bat is the natural carrier of Ebola virus
(iii) It is named after a river
(i) and (ii) only
(ii) and (iii) only
All 3 are correctly matched