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Question 1 of 10
1. Question
2 points
Arrange the following in chronological order:
1. Palaeolithic period
2. Mesolithic period
3. Neolithic period
4. Metal period
Correct
A)
Incorrect
A)
Question 2 of 10
2. Question
2 points
The Indus Valley civilisation was a
Correct
Incorrect
B)
Along with ancient Egypt and Mesopotamia, it was one of the early cradles of civilisation of the old world.
Question 3 of 10
3. Question
2 points
Consider the following statements regarding Photochemical smog.
1.Photochemical smog is a term used to describe air pollution that is a result of the interaction of sunlight with certain chemicals in the atmosphere.
2.One of the primary components of photochemical smog is stratospheric ozone.
Which of the above statements is/are correct?
Correct
Solution: a)
The Formation of Smog
Photochemical smog (smog) is a term used to describe air pollution that is a result of the interaction of sunlight with certain chemicals in the atmosphere.
One of the primary components of photochemical smog is ozone.
While ozone in the stratosphere protects earth from harmful UV radiation, ozone on the ground is hazardous to human health.
Ground-level ozone is formed when vehicle emissions containing nitrogen oxides (primarily from vehicle exhaust) and volatile organic compounds (from paints, solvents, printing inks, petroleum products, vehicles, etc.) interact in the presence of sunlight.
Incorrect
Solution: a)
The Formation of Smog
Photochemical smog (smog) is a term used to describe air pollution that is a result of the interaction of sunlight with certain chemicals in the atmosphere.
One of the primary components of photochemical smog is ozone.
While ozone in the stratosphere protects earth from harmful UV radiation, ozone on the ground is hazardous to human health.
Ground-level ozone is formed when vehicle emissions containing nitrogen oxides (primarily from vehicle exhaust) and volatile organic compounds (from paints, solvents, printing inks, petroleum products, vehicles, etc.) interact in the presence of sunlight.
Question 4 of 10
4. Question
2 points
Consider the following statements regarding biomass production.
Gross primary productivity of an ecosystem is the rate of production of organic matter during photosynthesis.
Net primary productivity is the available biomass for the consumption to heterotrophs.
Secondary productivity is gross primary productivity minus respiratory losses.
Correct
Solution: b)
The rate of biomass production is called productivity. It can be divided into gross primary productivity (GPP) and net primary productivity (NPP). Gross primary productivity of an ecosystem is the rate of production of organic matter during photosynthesis. A considerable amount of GPP is utilized by plants in respiration. Gross primary productivity minus respiration losses (R), is the net primary productivity (NPP).
GPP – R = NPP
Net primary productivity is the available biomass for the consumption to heterotrophs (herbiviores and decomposers).
Secondary productivity is defined as the rate of formation of new organic matter by consumers.
Incorrect
Solution: b)
The rate of biomass production is called productivity. It can be divided into gross primary productivity (GPP) and net primary productivity (NPP). Gross primary productivity of an ecosystem is the rate of production of organic matter during photosynthesis. A considerable amount of GPP is utilized by plants in respiration. Gross primary productivity minus respiration losses (R), is the net primary productivity (NPP).
GPP – R = NPP
Net primary productivity is the available biomass for the consumption to heterotrophs (herbiviores and decomposers).
Secondary productivity is defined as the rate of formation of new organic matter by consumers.
Question 5 of 10
5. Question
2 points
Consider the following statements regarding Wildlife Crime Control Bureau.
It is a statutory multi-disciplinary body established under Prevention of Cruelty to Animals Act, 1960.
It is mandated to establish a centralized wildlife crime data bank.
It is also mandated to collect and collate intelligence related to organized wildlife crime activities.
Which of the above statements is/are correct?
Correct
Solution: c)
Wildlife Crime Control Bureau is a statutory multi-disciplinary body established by the Government of India under the Ministry of Environment and Forests, to combat organized wildlife crime in the country. Under Section 38 (Z) of the Wild Life (Protection) Act, 1972, it is mandated to collect and collate intelligence related to organized wildlife crime activities and to disseminate the same to State and other enforcement agencies for immediate action so as to apprehend the criminals; to establish a centralized wildlife crime data bank; co-ordinate actions by various agencies in connection with the enforcement of the provisions of the Act
Incorrect
Solution: c)
Wildlife Crime Control Bureau is a statutory multi-disciplinary body established by the Government of India under the Ministry of Environment and Forests, to combat organized wildlife crime in the country. Under Section 38 (Z) of the Wild Life (Protection) Act, 1972, it is mandated to collect and collate intelligence related to organized wildlife crime activities and to disseminate the same to State and other enforcement agencies for immediate action so as to apprehend the criminals; to establish a centralized wildlife crime data bank; co-ordinate actions by various agencies in connection with the enforcement of the provisions of the Act
Question 6 of 10
6. Question
2 points
Which of the following statements are true regarding India’s present exchange rate system:
Rupee-dollar rate depends on market forces of demand & supply
RBI regulates the Rupee dollar rate
RBI intervenes in the forex market
RBI regulates the forex market
Select the correct answer using the code given below:
Correct
Answer:
(C)
The rate of rupee-dollar is determined in the forex market based on market forces of demand and supply. When rupee becomes highly volatile, then RBI intervenes in the forex market, to contain the volatility. But RBI does not regulate or fix the rupee dollar rate. This is called ‘Managed Float’ or ‘Dirt Float’.
RBI regulates the Forex Market, Money Market and Govt. securities Market.
Incorrect
Answer:
(C)
The rate of rupee-dollar is determined in the forex market based on market forces of demand and supply. When rupee becomes highly volatile, then RBI intervenes in the forex market, to contain the volatility. But RBI does not regulate or fix the rupee dollar rate. This is called ‘Managed Float’ or ‘Dirt Float’.
RBI regulates the Forex Market, Money Market and Govt. securities Market.
Question 7 of 10
7. Question
2 points
RBI intervenes in the foreign exchange market to:
To contain the volatility in the rupee
To set a price band for Rupee in terms of Dollar
Select the correct answer using the code given below:
Correct
Answer: (a)
RBI intervenes in the forex market to contain volatility in exchange rate of Rupee with respect to dollar. There is no targeted band in which RBI tries to keep the Rupee Dollar exchange rate.
For example, if Rupee starts depreciating slowly over a period of time and it moves to
$1= Rs 85, then RBI may not intervene in the forex market.
Incorrect
Answer: (a)
RBI intervenes in the forex market to contain volatility in exchange rate of Rupee with respect to dollar. There is no targeted band in which RBI tries to keep the Rupee Dollar exchange rate.
For example, if Rupee starts depreciating slowly over a period of time and it moves to
$1= Rs 85, then RBI may not intervene in the forex market.
Question 8 of 10
8. Question
2 points
Consider the following statements regarding purchasing power parity (PPP) exchange rates:
If two countries have zero rate of inflation, their PPP exchange rates will be constant
The prices of goods will be same in both the countries when converted at PPP exchange rate
Select the correct answer using the code given below:
Correct
Answer:
(C)
Suppose Nominal Exchange Rate is $1 = Rs.60 and India and US produces just burgers.
India US
Burger Price Rs. 30 $1
To calculate PPP exchange rate, we need to compare the prices of a basket of goods in India with US.
In the above case by comparing the prices of burger in India and US, we will get
$1 = Rs. 30
So, $1 = Rs. 30 is the PPP exchange rate. It implies that, whatever Rs. 30 can purchase in India, $1 can purchase in US i.e. purchasing power of Rs. 30 in India is equal to purchasing power of $1 in US
So, if inflation rate is different in India and US, then PPP exchange rate will change. But if there is no inflation (prices remain same) or same inflation, then PPP exchange rates will remain same i.e. constant.
So, (i) statement is true.
When we use PPP exchange ($1 = Rs. 30) rate to convert the price of burger in US in Indian currency then it is Rs. 30 in US which is the same as in India also.
So, (ii) statement is also true.
Incorrect
Answer:
(C)
Suppose Nominal Exchange Rate is $1 = Rs.60 and India and US produces just burgers.
India US
Burger Price Rs. 30 $1
To calculate PPP exchange rate, we need to compare the prices of a basket of goods in India with US.
In the above case by comparing the prices of burger in India and US, we will get
$1 = Rs. 30
So, $1 = Rs. 30 is the PPP exchange rate. It implies that, whatever Rs. 30 can purchase in India, $1 can purchase in US i.e. purchasing power of Rs. 30 in India is equal to purchasing power of $1 in US
So, if inflation rate is different in India and US, then PPP exchange rate will change. But if there is no inflation (prices remain same) or same inflation, then PPP exchange rates will remain same i.e. constant.
So, (i) statement is true.
When we use PPP exchange ($1 = Rs. 30) rate to convert the price of burger in US in Indian currency then it is Rs. 30 in US which is the same as in India also.
So, (ii) statement is also true.
Question 9 of 10
9. Question
2 points
Which of the following statements are true in case “the currency of two countries are at purchasing power parity”:
Correct
Answer:
(a)
When nominal exchange rate becomes equal to PPP exchange rate, then we say that the currencies of two countries are at purchasing power parity.
Incorrect
Answer:
(a)
When nominal exchange rate becomes equal to PPP exchange rate, then we say that the currencies of two countries are at purchasing power parity.
Question 10 of 10
10. Question
2 points
which of the following statements is correct?
Correct
Answer:
(b)
Suppose (Nominal) exchange rate is $1 = Rs. 60
Now if an Indian exporter exported a particular commodity (1 unit) in the international market whose price is $8, then he will get $8 and after conversion in India he will get ultimately Rs. 480.
Incorrect
Answer:
(b)
Suppose (Nominal) exchange rate is $1 = Rs. 60
Now if an Indian exporter exported a particular commodity (1 unit) in the international market whose price is $8, then he will get $8 and after conversion in India he will get ultimately Rs. 480.
