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UPSC PRELIMINARY MOCK TEST 239
Question 56 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Consider the following statements with respect to The International Centre for Settlement of Investment Disputes (ICSID):
1. ICSID set up in 1966 is an investment dispute settlement body whose decisions are binding on the parties
2. India is founder member of ICSID
Which of the following codes given below is/are correct?
1. ICSID set up in 1966 is an investment dispute settlement body whose decisions are binding on the parties
2. India is founder member of ICSID
Which of the following codes given below is/are correct?
1 only | |
2 only | |
Both 1 and 2 | |
Neither 1 nor 2 |
Question 56 Explanation:
The International Centre for Settlement of Investment Disputes (ICSID), set up in 1966 is an investment dispute settlement body whose decisions are binding on the parties. It was established under the 1966 Convention on the Settlement of Investment Disputes between States and Nationals of Other States. Though recourse to the centre is voluntary, but once the parties have agreed to arbitration, they cannot withdraw their consent unilaterally. It settles the investment disputes arising between the investing foreign companies and the host countries where the investments have been done. India is not its member (that is why the Enron issue was out of its preview). It is believed that being signatory to it encourages the foreign investment flows into an economy, but risks independent sovereign decisions, too.
Question 57 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Consider the following statements about Elum Valley which was recently in news:
- Elum Valley is located near Arunachal Pradesh.
- It has been a site of divinity and pilgrimage for both the Hindu and the Buddhist communities.
1 only | |
2 only | |
Both | |
None |
Question 57 Explanation:
The Khyber Pakthunkhwa province in Pakistan is planning to construct a heritage park in Elum Valley, which carries a historical significance to both the Hindus and the Buddhists.
Elum Valley is located between the Swat and Buner districts in the province. "
Question 58 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Identify the correct statement with reference to "Masala Bonds".
Masala bonds are bonds issued outside India but denominated in Indian Rupees. | |
Masala bonds are bonds issued outside India but denominated in US dollars. | |
Masala bonds are bonds issued outside India but denominated in UK dollars. | |
None of the above. |
Question 58 Explanation:
Masala bonds are bonds issued outside India but denominated in Indian Rupees.
Question 59 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Consider the following statements regarding Gundla Brahmeswaram Sanctuary.
- Gundla Brahmeswaram Wildlife Sanctuary is located in Nallamala forests in Kurnool district.
1 only | |
2 only | |
Both | |
None |
Question 59 Explanation:
Twenty-three tigers have so far been counted in the Gundla Brahmeswaram Wildlife Sanctuary, located in Nallamala forests in Kurnool district. Of the 23, 17 are female and five are male and one cub.
The big cat numbers have been seeing a constant increase in the last 15 years, and it is expected to increase this year as well.
Source "
Question 60 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Article 239AA of the Indian constitution is associated with
Constitution and composition of panchayats | |
Administration of scheduled areas and tribal areas | |
Extent of laws made by Parliament and by the legislatures of states | |
Special provisions with respect to Delhi |
There are 60 questions to complete.
