April 25, 2020 – Daily Quiz

1. Consider the following.

1. OPEC use Brent as their pricing benchmark.

2. The sulfur content of both Brent and WTI is well under 1%, making them both “sweet.”

Which of the above statements is/are correct?.

(a) 1 only

(b) 2 only

(c) Both 1 and 2    

(d) Neither 1 nor 2

2. Daporijo Bridge has been constructed over  

(a) Debang river

(b) Balsiri river

(c) Manas river

(d) Doyang river

3. Consider the following.

1. Coal Sector has been opened completely for the commercial mining.

2. 100% FDI is allowed under the automatic route for coal and lignite mining for captive consumption by power projects,

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

4.  A ‘Rural Poor Stimulus Facility’, has been launched recently in the wake of COVID-19 by

(a) International Fund for Agricultural Development

(b) International Monetary Fund

(c) World Economic Forum

(d) UNCTAD

5.  Which of the following led to establishing the New Development Bank ?.

(a) Pretoria Declaration

(b) Rio Declaration

(c) Delhi Declaration

(d) Fortaleza Declaration

6. Consider the following statements w.r.t. Yara Virus:            

1. It is being made in Wuhan, China to study as a cure for HIV.

2. It is made of orphan genes.   

(a) Only Statement 1 is true

(b) Only Statement 2 is true

(c) Both the Statements 1 and 2 are true

(d) Neither 1 Nor 2 is true

Answers

1-(c)

https://www.economist.com/the-economist-explains/2018/10/29/what-is-brent-crude

https://energy.economictimes.indiatimes.com/news/oil-and-gas/explained-why-did-oil-prices-crash-in-the-us-and-what-does-it-mean-for-indian-consumers/75274815

https://www.cnbctv18.com/energy/explained-what-is-wti-crude-and-why-is-it-falling-faster-than-brent-crude-5737321.htm

2-(c)

https://indianexpress.com/article/cities/chandigarh/braving-covid-19-odds-bro-builds-bridge-in-strategic-arunachal-district-6371184/

3-(c)

https://www.investindia.gov.in/team-india-blogs/government-moves-boost-fdi-coal-mining

4-(a)

https://economictimes.indiatimes.com/news/international/world-news/time-short-for-avoiding-african-food-crisis-uns-ifad/articleshow/75272360.cms

5-(d)

https://indianexpress.com/article/explained/explained-why-brics-matters-for-india-6116737/

6-(b)

https://www.ibtimes.com/everything-you-need-know-about-new-virus-brazil-2928627

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