Q1. Consider the following statements :

1) Education is, indeed, one of the major catalysts of growth. The countries prosper once its citizens become educated. Studies have shown that the phenomenal growth of countries in East Asia was largely due their educational progress.
2) Today India has more than 50% of its population below the age of 25 and more than 65% below the age of 35.
3) India’s youth literacy rate, measured within the age group of 15 to 24 is lower than the national rate of 74.04%.

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. Which of the following pairs of food/cash crops and their largest production states in India are correctly matched ?

1) Rice : Punjab
2) Cotton : Gujarat
3) Spices : West Bengal
4) Sugarcane : Uttarpradesh
5) Pulses : Madhya Pradesh

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

Q3. Which of the following statements regarding plastic pollution & recycling are true ?

1) According to the United Nations, around 300 million tonnes of plastic are produced every year, roughly the weight of the entire human population.
2) PET bottles are the main contributors to plastic waste globally and in India while the PET material collection rate in India is nearly 80% — among the best in the world.
3) But a good portion of these bottles are downcycled, eliminating the possibility of further recycling.

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

Q4. The Reserve Bank has issued a new framework for resolution of bad loans, offering a 30-day gap for stress recognition instead of the one-day default earlier. Which of the following statements regarding the same are true ?

1) As per the norms, In case a borrower is reported to be in default, the lenders should undertake a prima facie review of the account within 90 days from the day of default.
2) If multiple lenders are involved, then RBI has said that all the lenders must enter into an inter-creditor agreement during the review period, to provide for ground rules for finalisation and implementation of the resolution plan.
3) The norms will replace all the earlier resolution plans such as the framework for revitalising distressed assets, corporate debt restructuring scheme, flexible structuring of existing long-term project loans, strategic debt restructuring scheme (SDR) etc.

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

Q5. “Ratthasapha” recently seen in news, is the national assembly of which of the following south east Asian countries which recently elected its prime minister ?

a) Myanmar
b) Malaysia
c) Thailand
d) Taiwan

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ANSWER:

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