Q1. Consider the following statements regarding the Institute of Chartered Accountants of India (ICAI) :

1) The Institute of Chartered Accountants of India (ICAI) is the national professional accounting body of India. It was established as a statutory body under the Chartered Accountants Act, 1949 enacted by the Parliament.

2) It recommends the accounting standards to be followed by companies in India to National Advisory Committee on Accounting Standards (NACAS). and sets the accounting standards to be followed by other types of organisations.

3) It works closely with the Government of India, Reserve Bank of India and the Securities and Exchange Board of India in formulating and enforcing such standards.
Which of the above statements are true ?

a) 1 & 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all of the above

Q2. Consider the following palaces/forts in India and their corresponding locations :

1) Victoria memorial : Mumbai
2) Neermahal Palace : Tripura
3) Fort.St.george : Kolkatta
4) Kumbhalgarh Fort : Rajsamand
5) Lalgarh palace : Bikaner

Which of the above pairs are correctly matched ?

a) 1,2 & 3 only
b) 2,4 & 5 only
c) 1,3 & 5 only
d) all of the above

Q3. Scientists have created high-resolution maps of points around the globe where groundwater meets the oceans, which of the following statements regarding the study are true ?

1) The study found that in some parts of the world, groundwater could be polluting oceans and lakes with nutrients and other chemicals.
2) Groundwater can carry higher concentrations of nitrates a key contributor of the types of harmful algal blooms as well as high concentrations of mercury.
3) Most of the water that gets to lakes and oceans comes from ground water sources carrying minerals and, in some cases, pollutants, to surface bodies of water.

a) 1 & 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all the of above

Q4. Which of the following statements regarding the recently published UNICEF report on child marriage are true ?

1) The study reveals that child marriage among boys is prevalent across a range of countries around the world, spanning sub-Saharan Africa, Latin America and the Caribbean, South Asia, and East Asia and the Pacific.
2) According to the data, the India has the highest prevalence of child marriage among males (28%), followed by Nicaragua (19%) and Madagascar (13%).
3) Early marriage brings early fatherhood, and with it added pressure to provide for a family, cutting short education and job opportunities.

a) 1 & 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all of the above

Q5. Which of the following countries of the Indian subcontinent recently passed a law legalising homosexuality ?

a) Srilanka
b) Nepal
c) Bhutan
d) Myanmar

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ANSWER:

1(d), 2(b), 3(a), 4(c), 5(c)