Q1. Consider the following advantages and disadvantages of coalition governments in Indian context :

1) The idea behind a coalition government is that it is to be a partnership between parties, and both parties will be treated equal.
2) Sometimes National interest is kept aside for accomplishing regional interest.
3) It is important for coalition governments to set up procedures that can work through conflict and mitigate disputes in order for the coalition partnership to survive.

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. In which of the following sectors in India is 100% FDI allowed via automatic route ?

1) Agriculture and Animal husbandry
2) Defense sector
3) Telecom sector
4) Railway infrastructure
5) Courier services

a) 1,2& 3 only
b) 3,4 & 5 only
c) 1,4 & 5 only
d) 1,3 & 5 only

Q3. The Reserve Bank of India (RBI) has deferred the implementation of new accounting rules, Indian Accounting Standards (IndAS) for banks till further.

Which of the following statements regarding Ind AS are true ?
1) Indian Accounting Standards (Ind AS) is a set of accounting norms developed by Indian authorities, which converge with the International Financial Reporting Standards( IFRS).
2) Introduction of Ind AS will bring consistency in the accounting practices and principles followed by companies in India and other companies across world, leading to enhanced accessibility and acceptability of financial statements by global investors.
3) All scheduled banks including Urban Cooperative Banks (UCBs) and Regional Rural Banks (RRBs) are required to be required to apply for Ind AS soon.

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

Q4. Which of the following statements regarding GRAPES-3 telescope and Muon detector experiment are true ?

1) GRAPES-3 is designed to study cosmic rays with an array of air shower detectors and a large area Muon detector. It aims to probe acceleration of cosmic rays in the following four astrophysical settings.
2) An Indo-Japanese collaboration, this experiment is unique in that it can be used to study solar storms and space weather at distances up to two times the earth’s radius, unlike satellite-based studies that can yield information only about what is happening in their vicinity.
3) Muons are unstable elementary particles and are lighter than electrons and neutrinos but heavier than all other matter particles.

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

Q5. Which of the following European countries is surrounded by 3 seas namely Adriatic sea in the east, Tyrrhennian sea in the west and the Lonian sea in the south eastern directions ?

a) Croatia
b) Italy
c) Greece
d) Bulgaria

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ANSWER:

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