June 11, 2020 – Daily Quiz

1. Regarding the Pradhan Mantri Adarsh Gram Yojana (PMAGY):

  1.  It was launched for the integrated development of 1000 villages each with more than 50% SC population.
  2. The scheme is being implemented by the Ministry of Panchayati Raj.

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

 

2. With reference to the forex exchange reserves in India,

  1. External Commercial Borrowings do not come under Forex reserves.
  2. The level of foreign exchange reserves has steadily increased in 1990s to the current level. 

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

 

3. Consider the following statements:

  1. Magnetocaloric materials heat up when they are placed in a magnetic field and cool down when they are removed from a magnetic field.
  2. Magnetocaloric materials can provide controlled heating which can be used to kill tumour cells.

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. Consider the following statements regarding the Insolvency and Bankruptcy Code, 2016:

  1. The code stipulates that the resolution process of a stressed company should be completed within a year.
  2. The threshold for invoking insolvency under IBC has been raised to Rs. 1 crore.

Which of the Statements given above is/are incorrect?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

5. ‘Plasticrust’ that is seen in the news, refers to

(a) Crust of plastic found on the surface of earth in Taiga region.

(b) A layer of plastic encrusted onto ocean rocks.

(c) A heap of plastic found in Sargasso sea.

(d) None of the above.

 

 Answers & Explanations

  1. (a) – https://economictimes.indiatimes.com/topic/Pradhan-Mantri-Adarsh-Gram-Yojana
  2. (a) – https://indianexpress.com/article/explained/explained-india-forex-reserves-covid-19-economic-crisis-6448701/
  3. (c) – https://www.thehindubusinessline.com/news/science/arci-develops-magnetocaloric-material-for-cancer-treatment/article31772990.ece
  4. (a) – https://indianexpress.com/article/opinion/columns/insolvency-and-bankruptcy-code-nclt-companies-6141701/
  5. (b) – https://www.earth.com/news/plasticrust-plastic-pollution-crisis/
Print Friendly, PDF & Email