UPSC PRELIMINARY MOCK TEST 101

 

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UPSC PRELIMINARY MOCK TEST 101

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Question 1
Which one among the following groups of countries have generally been the victims of what is referred to in Economics as a 'Sudden stop'?
A
Developed Economies
B
Emerging Market Economies
C
Small Island States
D
G-20


Question 1 Explanation: 

This refers to the abrupt stop in the flow of foreign capital into an economy, which imperils its ability to pay for its external trade and financial needs. The sudden stop usually comes in the aftermath of a financial or economic crisis that causes investors to turn cautious about investing in an economy, which in turn further aggravates the severity of the ongoing crisis. It is emerging market economies that have generally been the victims of sudden stops when foreign investors as a whole abruptly stop the supply of capital.

http://www.thehindu.com/opinion/op-ed/in-economics-what-does-sudden-stop-mean/article22271429.ece ;

- "

Question 2
Which are the states with the greatest number of GST registrants?
A
Karnataka, Andhra Pradesh, Telangana & Gujarat
B
Rajasthan, UP, Tamil Nadu & Gujarat
C
Maharashtra, Madhya Pradesh, Tamil Nadu & Kerala
D
Maharashtra, UP, Tamil Nadu & Gujarat


Question 2 Explanation: 
Maharashtra, UP, Tamil Nadu & Gujarat
Question 3
Consider the following statements with reference to marginal cost of funds based lending rate (MCLR)
  1. The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate below which bank cannot lend.
  2. The MCLR methodology was introduced by NITI Aayog.
Which of the following statements given above is/ are correct?
A
1 Only
B
2 Only
C
Both 1 and 2
D
Neither 1 nor 2


Question 3 Explanation: 
Statement 1 is Correct: - The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of a bank below which bank cannot lend

Statement 2 is Incorrect: -The MCLR methodology was introduced by the Reserve Bank of India with effect from April 1, 2016.

Question 4
NASA's 'Cassini' Spacecraft recently entered the final year of its epic voyage during which it will make the closest-ever observations of the planet
A
Jupiter
B
Saturn
C
Mars
D
Uranus


Question 4 Explanation: 

"After studying Saturn, its rings and moons for more than 12 years, NASA's Cassini spacecraft has entered the final year of its epic voyage during which it will make the closest-ever observations of the planet."

http://www.thehindu.com/todays-paper/tp-national/cassini-to-make-final-observation-of-saturn/article9116758.ece "

Question 5
Consider the following statements regarding Prasar Bharti;
  1. It is the public broadcasting agency of India chaired by the Minister of Information & Broadcasting.
  2. It comprises the Doordarshan television network and All India Radio.
Which of the above statements is/are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2


Question 5 Explanation: 
Statement 1 is incorrect. It is a statutory autonomous body set up by an Act of Parliament, its chairperson is appointed by the President on the recommendation of a committee consisting of - the Chairman of the Council of States, the Chairman of the Press Council of India and one nominee of the President of India.

Statement 2 is correct. The act puts the Doordarshan Television Network and All India Radio under Prasar Bharti.

There are 5 questions to complete.

 

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