UPSC PRELIMINARY MOCK TEST 159

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UPSC PRELIMINARY MOCK TEST 159

Question 1 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following statements regarding Nobel Prize 2018 in Economics.
  1. It has been awarded to Richard H. Thaler for his contributions to behavioural economics.
  2. It is officially called as The Sveriges Riksbank Prize.
Which of the following statements are correct.
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Question 1 Explanation: 
Nobel Prize 2018 in Economic Sciences (The Sveriges Riksbank Prize) was divided equally between William D. Nordhaus and Paul M. Romer. William D. Nordhaus has contributed "for integrating climate change into long-run macroeconomic analysis. Paul M. Romer has integrated technological innovations into long-run macroeconomic analysis.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was established in 1968 by the Bank of Sweden, and it was first awarded in 1969, more than 60 years after the distribution of the first Nobel Prizes.

Although not technically a Nobel Prize, the Prize in Economic Sciences is identified with the award; its winners are announced with the Nobel Prize recipients, and it is presented at the Nobel Prize Award Ceremony. It is conferred by the Royal Swedish Academy of Sciences in Stockholm.

Question 2 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is/are correct regarding the Global Economic Prospects Report?
  1. It is published by the World Bank Group.
  2. It examines global economic developments and prospects, with a special focus on emerging market and developing countries, on a semiannual basis.
A
1 only
B
2 only
C
Both are correct
D
Both are incorrect
Question 3 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following statements: 1] The 'Fairy Queen', is the oldest surviving functional steam engine in the world.
2] The first commercial passenger train in India was from Bombay to Thane. Which of the above statements is/are incorrect?
A
1 Only
B
2 Only
C
Both 1 and 2
D
Neither 1 nor 2
Question 4 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With reference to Banking Codes and Standards Board of India (BCSBI), consider the following statements
1. It was set up on the recommendation of Raghuram Rajan committee.
2. It was registered as a society under the Societies Registration Act, 1860.
3. Membership of BCSBI is compulsory to scheduled banks.

Which of the statement(s) given above is/are correct?

A
1 and 3 only
B
2 only
C
2 and 3 only
D
1, 2 and 3
Question 4 Explanation: 

In November 2003, Reserve Bank of India (RBI) constituted the Committee on Procedures and Performance Audit of Public Services under the Chairmanship of Shri S.S.Tarapore (former Deputy Governor) to address the issues relating to availability of adequate banking services to the common person.

Membership of BCSBI is not compulsory to scheduled banks


http://www.bcsbi.org.in/Abt_Background.html "

Question 5 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Mohammaden Anglo-Oriental College at Aligarh was started by
A
Muhammad Ali Jinnah
B
Mirza Ghulam Ahmad
C
Haji Shariat Allah
D
Syed Ahmed Khan
Question 5 Explanation: 
Syed Ahmed Khan
There are 5 questions to complete.