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UPSC PRELIMINARY MOCK TEST 165
Question 26 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Climate Research panel under IPCC | |
Carbon exploration lab in space | |
New Carbon Quantification initiative by UNEP | |
None of the above |
Refer: "
Question 27 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Eritrea | |
Somali | |
Egypt | |
Ethiopia |
Question 28 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
- It has issued FATF Standards to tackle currency counterfeiting.
- Gulf Cooperation Council and European Commission are member organisations of FATF.
- Pakistan is listed under "High-Risk Jurisdictions subject to a Call for Action".
1 and 2 only | |
2 only | |
1 and 3 only | |
All of the above |
Statement 2 is correct. The FATF currently comprises 37 member jurisdictions and 2 regional organisations (GCC & EC).
Statement 3 is incorrect. Pakistan is in the Grey List and not in the Blacklist (High Risk Jurisdiction to a Call for Action).
Question 29 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
- AIFs are private funds which are not coming under the jurisdiction of any regulatory agency in India.
- AIFs include venture Capital Fund, hedge funds, private equity funds and Mutual Funds.
- Recently SEBI removed Angel fund from the category of Alternative investment funds.
1 only | |
1, 2 | |
1, 3 | |
2, 3 |
AIF refers to any privately pooled investment fund, (whether from Indian or foreign sources), in the form of a trust or a company or a body corporate or a Limited Liability Partnership (LLP). Hence, in India, AIFs are private funds which are otherwise not coming under the jurisdiction of any regulatory agency in India.
The definition of AIFs includes venture Capital Fund, hedge funds, private equity funds, commodity funds, Debt Funds, infrastructure funds, etc., while, it excludes Mutual funds or collective investment Schemes, family trusts, Employee Stock Option.
"Angel fund" is a sub-category of Venture Capital Fund under Category I Alternative Investment Fund that raises funds from angel investors. "
Question 30 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
- Bihar
- Orissa
- Bombay
- Madras
- Bengal
1, 2, 3 and 5 | |
1, 2 and 5 | |
1 and 5 | |
All of the above |
- British came to India in 1600 as traders, in the form of East India Company, which had the exclusive right of trading in India under a charter granted by Queen Elizabeth I. In 1765, the Company, which till now had purely trading functions obtained the 'diwani' (i.e., rights over revenue and civil justice) of Bengal, Bihar and Orissa. This started its career as a territorial power.
- The Mughal Emperor, Shah Alam, granted 'Diwani' to the Company after its victory in the Battle of Buxar (1764).