Daily Questions Challenge for IAS PRE (CSAT) Exam (07 August 2015)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

1. Consider the following statements about Global Competitiveness Report2014-15.

1) India ranks at 71st position according to Global Competitiveness Report2014-15.
2) The annual list is released by the World Trade Organisation
3) As per the Global Competitiveness Report 2014-15, Switzerland is the most competitive economy,

Which of the above statements is / are true.

(a) All of the above
(b) 1 & 3
(c) 1, 2 & 3
(d) 1 & 2

2. Consider the following statements about SDR.

1) SDR is an international reserve asset, created by the World Bank.
2) Its value is based on a basket of four key currencies.
3) Holders of SDRs can obtain their currencies in exchange for their SDRs.

Which of the above statements is / are true.

(a) 2 & 3
(b) 3 only
(c) 1 & 3
(d) 1 & 2

3. Consider the following statements.

1) The GAB (General Arrangements to Borrow) & NBC (New arrangements to Borrow) are credit arrangements between the IMF & a group of members.
2) IMF provides loans to member countries experiencing balance of payment crisis.
3) IMF does not lend for specific projects.

Which of the above statements is / are true.

(a) 1 & 2
(b) 2 & 3
(c) 1 & 3
(d) All of the above

4. Consider the following statements.

1) Amber & Blue Box are related to WTO.
2) Special products (SP) are agri-cultural products of particular importance of farming communities in developing countries for reasons of food security, livelihood security & rural development.

Which of the above statements is / are true.

(a) Both 1 & 2
(b) 1 only
(c) 2 only
(d) Neither 1 nor 2

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:: CSAT (Paper -2) ::

1. 60m of a uniform wire weight 80 kg. What will 141 m of the same wire weight ?

(a) 144 kg
(b) 188 kg
(c) 288 kg
(d) 282 kg

2. Three hikers A, B and C start on a trip with Rs 50 each and agree to share the expenses equally. If at the end of the trip, A has Rs 20 left with him, B Rs 30 and C Rs 40, how must they settle their accounts?

(a) A will pay Rs 10 to C
(b) C will pay Rs 10 to B
(c) B will pay Rs 10 to C
(d) C will pay Rs 10 to A

3. Three, students A, B and C hired a computer for a month. A runs 27 floppy discs for 19 days, B runs 21 for 17 days and C runs 24 for 23 days. If at the end of the month, the rent amounts to Rs 23700, how much ought to be paid by A?

(a) Rs 8550
(b) Rs 5950
(c) Rs 9200
(d) Rs 6750

4. A and B enter into a partnership with capitals in the ratio 2 : 3. At the end of 9 months A withdraws from the business. If their profits are in the ratio 1 : 2, how long did B invest his capital ?

(a) 12 months
(b) 8 months
(c) 10 months
(d) 11 months

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