Question 25: Consider the following statements:
- Gilt Funds are mutual funds that invest only in government securities.
- The instruments where these funds invest have sovereign Hence no default risk is associated with these instruments.
Which of the following statements is/are true?
- 1 only
- 2 only
- 1 and 2 only
- Neither 1 nor 2
Correct Answer: C
Explanation
- Gilt Funds are mutual funds that invest only in government securities.
- They are preferred by risk averse and conservative investors who wish to invest in the shadow of secure government bonds.
- Since gilt funds invest only in government bonds, investors are protected from credit risk.
- The instruments where these funds invest have sovereign guarantee. Hence no default risk is associated with these instruments.
Question 26: Consider the following statements:
- India exports Basmati rice more than non-Basmati rice.
- Sugar is the India’s top agricultural export item in terms of value.
Which of the following statements is/are true?
- 1 only
- 2 only
- 1 and 2 only
- Neither 1 nor 2
Correct Answer: D
Explanation
Question 27: Which of the following are the members of NATO:
- Denmark
- Iceland
- Luxembourg
- Greece
- Bosnia and Herzegovina
- Bulgaria
- Latvia
Which of the following statements is/are true?
- 1, 2, 4, 5 and 7
- 2, 3, 4 and 6
- 3, 4, 5 and 7
- 1, 2, 3, 4, 6 and 7
Correct Answer: D
Explanation
What is NATO?
- The North Atlantic Treaty Organization came into being after World War II as a counter to the Soviet Union’s possible expansion attempts in Europe. Then-US President Harry S Truman signed the 12-member treaty on April 4, 1949. After the collapse of USSR in 1991, several eastern European nations previously members of the Soviet Union joined NATO.
- As of now, NATO comprise 30 members — Belgium, Canada, Denmark, France, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, the United Kingdom, the United States, Greece, Turkey, Germany, Spain, Czechia, Hungary, Poland, Bulgaria, Estonia, Latvia, Lithuania, Romania, Slovakia, Slovenia, Albania, Croatia, Montenegro, and North Macedonia.
- Following the Russian invasion of Ukraine, Finland and Sweden applied for NATO membership and were invited to join the collective by 28 of the 30 members, with Turkey and Hungary being notable exceptions. Bosnia and Herzegovina and Georgia have expressed interest in joining the collective as well.
Question 28: Consider the following statements:
- The Ministry of Home Affairs (MHA) has conducted the Mother Tongue Survey of India.
- The category “mother tongue” is a designation provided by the respondent.
- According to the 2011 linguistic census, Bengali is the 2nd most widely spoken mother tongue.
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
- The Ministry of Home Affairs (MHA) has completed the Mother Tongue Survey of India (MTSI) with field videography of the country’s 576 languages.
- As per an analysis of 2011 linguistic census data in 2018, more than 19,500 languages or dialects are spoken in India as mother tongues.
- The category “mother tongue” is a designation provided by the respondent, but it need not be identical with the actual linguistic medium.
- After subjecting the 19,569 returns to linguistic scrutiny, edit and rationalization, they were grouped into 121 mother tongues.
- According to the 2011 linguistic census, Hindi is the most widely spoken mother tongue, with 52.8 crore people or 43.6 per cent of the population declaring it as the mother tongue. The next highest is Bengali, mother tongue for 9.7 crore individuals, and accounting for 8 per cent of the population.
Question 29: Consider the following statements:
- Measles is a highly contagious viral disease which affects mostly children.
- There is no specific treatment for measles.
- As per the guidance of National Health Mission, in India, measles vaccination is given under the Universal Immunization Program at 9-12 months of age and the second dose at 16-24 months of age.
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
What is measles?
- Measles or as it is called ‘khasra’, is a highly contagious viral disease which affects mostly It is one of the leading causes of death and disability among young children.
- There is no specific treatment for measles but there is a vaccine to stay protected from the disease, which is both safe as well as cost effective.
- Measles spreads by coughing and sneezing, close personal contact or direct contact with infected nasal or throat secretions. So, isolation of these infected children is essential.
- The WHO recommends immunization for all children with two doses of measles vaccine, either alone, or in a measles-rubella (MR) or measles-mumps-rubella (MMR) combination.
- As per the guidance of National Health Mission, in India, measles vaccination is given under the Universal Immunization Program at 9-12 months of age and the second dose at 16-24 months of age.
Question 30: Which of the following are the members of East Asia Summit:
- All the 10 ASEAN countries.
- Russia
- USA
- India
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: D
Explanation
What is the East Asia Summit?
- Beginning in 2005, 16 participating countries comprised this grouping, with their first meeting in Kuala Lumpur, Malaysia.
- These members were the 10 ASEAN countries, Australia, China, India, Japan, New Zealand, and the Republic of Korea. ASEAN’s 10 member countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The United States and the Russian Federation joined at the 6th East Asia Summit in 2011.
- Its creation was based on the idea of enhancing cooperation among East Asian countries and those in the neighboring regions. Six priority areas of cooperation were identified – environment and energy, education, finance, global health issues and pandemic diseases, natural disaster management, and ASEAN Connectivity.
- India is part of the ASEAN Plus Six grouping, which includes China, Japan, South Korea, New Zealand and Australia as well.
- In 2010 a Free Trade Agreement was also signed and entered into force between India and ASEAN.