UPSC PRELIMINARY MOCK TEST 2

 

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UPSC PRELIMINARY MOCK TEST 2

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Question 61
Which of the following regarding rabies is/are correct?
  1. Rabies is a bacterial illness spread via the saliva of an infected animal.
  2. It has also been found in cows, cats, ferrets, and horses.
A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2


Question 61 Explanation: 
Only 2 is correct. It is a viral illness.
Question 62
Consider the following statements regarding 'Treasury Bills'

1.T-bills are short term securities issued on behalf of the government by the RBI and are used in managing short term liquidity needs of the government.

2.T-Bills are issued on discount to face value, while the holder gets the face value on maturity.

3.T-Bills are issued by both Central government and State government in India.

Which of the statements given above is/are correct?

A
1 and 2 only
B
2 and 3 only
C
1, 2 and 3
D
1 and 3 only


Question 62 Explanation: 

T-bills are short term securities issued on behalf of the government by the RBI and are used in managing short term liquidity needs of the government.

  • 91-day T-bills are auctioned every week on Wednesday and 182-day and 364-day T-bills are auctioned every alternate week on Wednesdays.
  • T-Bills are issued on discount to face value, while theholder gets the face value on maturity. The return on T-Bills is the difference between the issue price and face value.
  • Thus, return on T-Bills depends upon auctions. When the liquidity position in the economy is tight, returns are higher and vice versa.
  • Individuals, Firms, Trusts, Institutions and banks can purchase T-Bills. The commercial and cooperative banks use T-Bills for fulfilling their SLR requirements.
  • Treasury Bills are issued only by the central government in India. The State governments do not issue any treasury bills.
  • The secondary market of T-Bills is very active so they have a higher degree of tradability.
"
Question 63
With reference to INTERPOL notices published by INTERPOL's General Secretariat at the request of National Central Bureaus and authorized entities, which of the following pairs is/are correctly matched?
  1. Red notice - to seek the location and arrest of wanted persons with a view to extradition or similar lawful action
  2. Black Notice - to seek information on unidentified bodies
Select the correct answer using codes given below:
A
1 Only
B
2 Only
C
Both 1 and 2
D
Neither 1 nor 2


Question 63 Explanation: 
.

While the black notice was issued in the Pathankot terror case yesterday , the red notice was issued in Chotta Rajan's case, who was arrested recently.

http://www.interpol.int/INTERPOL-expertise/Notices "

Question 64
Who among the following was associated with The Fairaizi's Movement?
A
Chittur Singh
B
Dadu Miyan
C
Sidhu and Kanhu
D
Velu Thampi


Question 64 Explanation: 
The Faraizi Movement was founded in 1818 by Haji Shariatullah to give up un-Islamic practices and act upon their duties as Muslims. After the death of Haji Shariatullah, his son, Dadu Miyan, led the movement to a more agrarian character. He organised the oppressed peasantry against the oppressive landlords.

Chittur Singh: Leader of Ramosi uprising.

Sidhu and Kanhu: Leaders of Santhal rebellion.

Velu Thampi: Led Travancore rebellion against the British East India Company

Question 65
Consider the following statements regarding Payments Bank.
  1. Payments Bank can accept deposits only upto 2 lakh per individual customer.
  2. Issues debit cards, but not credit cards.
  3. Can distribute financial products such as mutual funds and insurance.
Which of the above statements is/are correct?
A
1, 2
B
1, 3
C
2, 3
D
1, 2, 3


Question 65 Explanation: 

There are 65 questions to complete.

 

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