Current Affairs MCQ for UPSC Exams - 5 January 2018

Ques.1)- With reference to `IFC Masala Bonds’, sometimes seen in the news, which of the statements given below is/are correct?

1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank.
2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.

Select the correct answer using the code given below.

(a) 1 only
(h) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Ques.2)- Prompt corrective action is related to which of the following?

A. Railways
B. Corruption in public sector
C. Banking sector
D. None of the above

Ques.3)- Which of the following is correct regarding NGT?

1. It's chairperson should be retired or serving High court or Supreme Court judge only
2. It looks cases environmental protection only
3. Present chairperson is justice swatanter Kumar.

A. 1,2
B. 2,3
C. All
D. 3 only