UPSC PRELIMINARY MOCK TEST 166

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UPSC PRELIMINARY MOCK TEST 166

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Hedging in the foreign exchange market refers to:
A
An act of revaluation
B
An act of devaluation
C
Not covering a risk of fluctuations in the foreign exchange rates in future
D
Covering a risk of fluctuations in the foreign exchange rates in future
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Question 1 Explanation: 

A hedge is an investment to reduce the risk of adverse price movements in an asset. Normally, a hedge consists of taking an offsetting position in a related security, such as a futures contract. "

Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Recently, our scientists have discovered a new scorpion species named Schaller's wood scorpion. In which of Indian states has it been discovered?
A
Tripura
B
Maharashtra
C
Chhattisgarh
D
Odisha
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Question 2 Explanation: 
Scientists have discovered new scorpion species named Schaller's wood scorpion (Liocheles schalleri) from at Trishna Wildlife Sanctuary, Tripura. It has been named in honour of celebrated wildlife biologist George Schaller who has studied wildlife across the world, including the snow leopards of the Himalayas and central India's tigers.
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Consider the following statements
  1. The e-Pashuhaat portal aims at connecting breeders and farmers of indigenous breeds.
  2. Rashtriya Gokul Mission is an initiative to establish Integrated Indigenous Cattle Centres or Gokul Grams in the breeding tracts of indigenous breeds.

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 3 Explanation: 

Both the statements are correct

"

Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following international events were recently/are being hosted in India for the first time?
  1. Organic World Congress
  2. Global Clubfoot Conference
  3. International Congress of Military Medicine
  4. World Food Convention
Select the correct answer using the code given below:
A
1, 3 and 4 only
B
1 and 4 only
C
2 and 3 only
D
1, 2, 3 and 4
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following statements about Municipal Bonds is/are correct?
  1. Municipality bonds can be issued by the city corporations to fund developmental projects.
  2. These bonds help the city corporations to directly raise funds without the help of grants from the state governments or agencies such as World Bank.
A
1 Only
B
2 Only
C
Both 1 and 2
D
Neither 1 nor 2
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Question 5 Explanation: 
Both the statements are correct.

More about Municipal Bonds:

  • Institutional investors, as well as the public, can buy Municipal Bonds.
  • The corporations can use the revenues earned from the developmental projects like Metro rail network to repay the interest and principal on these bonds.
  • These municipal bonds have now been permitted for public offering by SEBI.
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