UPSC PRELIMINARY MOCK TEST 243

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UPSC PRELIMINARY MOCK TEST 243

Question 46 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following about Islamic Banking/ No-Interest Banking:
  1. It is prescribed in the Sharia law.
  2. It prohibits interests only on loans.
Which of the following is/are correct?
A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
Question 46 Explanation: 
Only 1 is correct.

Islamic banking

  • It is a banking system that is based on the principles of Islamic law, also referred to as Shariah law, and guided by Islamic economics.
  • Two basic principles behind Islamic banking are the sharing of profit and loss and, significantly, the prohibition of the collection and payment of interest by lenders and investors.
  • Collecting interest or "riga" is not permitted under Islamic law.
Question 47 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The location of Catalonia, recently in news, is situated in which of the following country?
A
Brazil
B
Italy
C
Spain
D
Germany
Question 47 Explanation: 
Catalonia is an autonomous community of Spain in the north-east end of the Iberian Peninsula, designated as a nationality by its Statute of Autonomy. It has four provinces: Barcelona, Girona, Lleida, and Tarragona. The capital and largest city is Barcelona, which is the second most populated city in Spain.Catalonia is one of the wealthiest regions of Spain.
Question 48 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With reference to the Rig Vedic Society, consider the following statements 1.Vrajapati enjoyed authority over large land and pasture ground.
2. Bali was the voluntary offerings received by the officers from the people.
3. There was no territorial administration system. Which of the statements given above is/are correct?
A
1 and 2 only
B
2 and 3 only
C
1 and 3 only
D
1, 2 and 3
Question 49 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
World Sustainable Development Summit (WSDS) is organised by:
A
The Energy and Resources Institute (TERI)
B
World Bank
C
United Nations Environment Programme (UNEP)
D
World Wide Fund for Nature
Question 49 Explanation: 
The Energy and Resources Institute (TERI)
Question 50 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Daporijo Bridge, recently being reconstructed by Border Roads Organization (BRO) on which of the following rivers?
A
Brahmaputra
B
Subansiri
C
Lohit
D
Manas
Question 50 Explanation: 
Project Arunank has reconstructed the Daporijo Bridge across Subansiri river in Arunachal Pradesh. It is being implemented by Border Roads Organization (BRO), an important arm of the Ministry of Defence in Arunachal Pradesh. It aims to link remote regions of the borders with well developed strategic roads. Project Arunank is named after the state of Arunachal Pradesh.
There are 50 questions to complete.