Question 1: Consider the following statements:
- Soft Loan is a loan with no interest or a below-market rate of interest.
- India has extended more line of credit to Sri-Lanka than Bangladesh.
Which of the following statements is/are true?
- 1 only
- 2 only
- 1 and 2 only
- Neither 1 nor 2
Correct Answer: A
Explanation
Soft Loan is a loan with no interest or a below-market rate of interest. For ex, Line of Credit (LOC).
Question 2: Consider the following statements with respect to Great knot:
- It is a bird endemic to India.
- It is classified as vulnerable as per IUCN status.
Which of the following statements is/are true?
- 1 only
- 2 only
- 1 and 2 only
- Neither 1 nor 2
Correct Answer: D
Explanation
- A Great knot (Calidris tenuirostris) has flown over 9,000 kilometers from Russia for a winter sojourn on Kerala’s coast.
- These long-distance migrants stay at the Yellow Sea region and Thailand in southeast Asia before proceeding to their southerly winter grounds, including Peninsular India along the Central Asian Flyway (CAF).
- IUCN status endangered.
Question 3: Consider the following statements with respect to Red Herring Prospectus:
- A Red Herring Prospectus is filed by a company to SEBI when it plans to raise money from the public by selling shares of the company to investors.
- It provides detailed information about the company’s business operations, financials, promoters and the company’s objective for raising funds by filing an IPOs.
Which of the following statements is/are true?
- 1 only
- 2 only
- 1 and 2 only
- Neither 1 nor 2
Correct Answer: C
Explanation
- A Red Herring Prospectus, or offer document, is filed by a company to SEBI (Securities and Exchange Board of India) when it plans to raise money from the public by selling shares of the company to investors.
- The document is very useful to investors because it provides detailed information about the company’s business operations, financials, promoters and the company’s objective for raising funds by filing an IPOs.
Question 4: Consider the following statements:
- The period from 1901-1921 is referred to as a period of stagnant or stationary phase of growth of India’s population.
- The crude death rate (CDR) is in the single digits for India.
- Populations can keep growing even with TFRs falling.
- The TFR is the average number of births by women aged 15-59 based on surveys for a particular period/year.
Which of the following statements is/are true?
- 1, 2 and 3
- 2, 3 and 4
- 1, 3 and 4
- 1, 2, 3 and 4
Correct Answer: A
Explanation
- The period from 1901-1921 is referred to as a period of stagnant or stationary phase of growth of India’s population.
- The decades 1921-1951 are referred to as the period of steady population growth. An overall improvement in health and sanitation throughout the country brought down the mortality rate.
- The decades 1951-1981 are referred to as the period of population explosion in India.
- The crude death rate (CDR) — the number of persons dying per year per 1,000 population — was 23.2 for China and 22.2 for India in 1950. It fell to single digits for China first in 1974 (to 9.5) and for India in 1994 (9.8), and further to 7.3-7.4 for both in 2020.
- Another mortality indicator is life expectancy at birth. Between 1950 and 2020, it went up from 7 to 78.1 years for China and from 41.7 to 70.1 years for India.
- The TFR is the average number of births by women aged 15-49 based on surveys for a particular period/year. Populations can keep growing even with TFRs falling. De- growth requires TFRs to remain below replacement levels for extended periods. China officially ended its one-child policy, introduced in 1980, from 2016.
Question 5: Consider the following statements:
- India ranks fourth in wind power installed capacity.
- India ranks fifth in solar power installed capacity.
- Solar power installed capacity is more than Wind power installed capacity in India.
Which of the following statements is/are true?
- 1 and 2
- 2 and 3
- 1 and 3
- 1, 2 and 3
Correct Answer: D
Explanation
Question 6: Consider the following statements with respect to FPO mark:
- The FPO mark is a certification mark mandatory on all processed fruit products sold in India.
- Ministry of Food Processing Industries of the Government of India issues the mark.
Which of the following statements is/are true?
- 1 only
- 2 only
- 1 and 2 only
- Neither 1 nor 2
Correct Answer: A
Explanation
- Department of Consumer Affairs unveiled new standard (19000:2022) made by Bureau of Indian Standards (BIS) to curb menace of fake and deceptive reviews of products and services.
- The FPO mark is a certification mark mandatory on all processed fruit products sold in India such as packaged fruit beverages, fruit-jams, squashes, pickles, dehydrated fruit products, and fruit extracts, following the Food Safety and Standards Act of 2006. The agency that develops standards for this purpose and that which issues the mark is the Ministry of Food Processing Industries of the Government of India.