UPSC PRELIMINARY MOCK TEST 165

 

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UPSC PRELIMINARY MOCK TEST 165

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Question 1
The Union Cabinet has come up recently with the National Urban Housing Fund (NUHF). This fund is to be managed and controlled by
A
National Housing Bank
B
Housing Development Finance Corporation
C
Building Materials and Technological Promotion Council
D
Housing and Urban Development Corporation
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Question 1 Explanation: 
The Union Cabinet has come up recently with the National Urban Housing Fund (NUHF). An amount of Rs 60,000 crores has been allocated for the Fund. The Fund is to be managed and controlled by the Building Materials and Technological Promotion Council, which is an autonomous body registered under the Societies Registration Act of 1860 and is under the umbrella of the Ministry of Urban Affairs.
Question 2
With reference to the missile 'Nag', consider the following statements:
  1. It is an Anti-Tank missile
  2. It has been jointly developed by Defence Research and Development Organisation and Israel's state-owned Rafael Advanced Systems
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
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Question 2 Explanation: 
Statement 1 is correct. Nag is an Anti-Tank Guided Missiles (ATGM).

A guided missile is a missile that is directed by remote control or by internal equipment.

Statement 2 is incorrect. NAG has been indigenously developed by Defence Research and Development Organisation (DRDO).

Question 3
Which of the following is/are part of Agreement on Agriculture (AoA)?
  1. Domestic support
  2. Export subsidies
  3. Grey list
A
1 and 2 only
B
2 and 3 only
C
1 and 3 only
D
1, 2 and 3
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Question 3 Explanation: 
1 and 2 only are correct
Question 4
The Central Board of Film Certification (CBFC) functions under the
A
Ministry of Culture
B
Ministry of Information and Broadcasting
C
Ministry of Communication
D
Ministry of Electronics and Information Technology
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Question 4 Explanation: 

Central Board of Film Certification (CBFC) is a statutory body under Ministry of Information and Broadcasting, regulating the public exhibition of films under the provisions of the Cinematograph Act, 1952. "

Question 5
In economics, 'Rollover Risk' is a risk associated with
A
Hot money chasing arbitrage differentials
B
Fiscal deficit
C
The refinancing of debt
D
Exchange rate volatility
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Question 5 Explanation: 

Rollover risk is a risk associated with the refinancing of debt. Rollover risk is commonly faced by countries and companies when their debt is about to mature and needs to be rolled over into new debt. If interest rates rise adversely, they would have to refinance their debt at a higher rate and incur more interest charges in the future.

Improvisation: TH ; "

There are 5 questions to complete.

 

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