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Question 1 of 10
1. Question
2 points
Which of the following statements best describes the term Allopatric Speciation?
Correct
Ans c
Allopatric speciation occurs when a species separates into two separate groups which are
isolated from one another. A physical barrier, such as a mountain range or a waterway,
makes it impossible for them to breed with one another.
Incorrect
Ans c
Allopatric speciation occurs when a species separates into two separate groups which are
isolated from one another. A physical barrier, such as a mountain range or a waterway,
makes it impossible for them to breed with one another.
Question 2 of 10
2. Question
2 points
Consider the following statements regarding the Market Stabilisation Scheme (MSS):
1. It aids in liquidity absorption in case of significant capital inflows in the economy.
2. MSS securities are included under the country’s ‘internal Central Government debt’.
Which of the statements given above are correct?
Correct
Ans c
Both options are correct.
Incorrect
Ans c
Both options are correct.
Question 3 of 10
3. Question
2 points
With reference to Biodiversity Heritage Sites, consider the following statements:
1. They are notified under the Environment (Protection) Act of 1986.
2. The State Governments are empowered to notify Biodiversity Heritage Sites in
consultation with local bodies.
Which of the statements given above is/are correct?
Correct
Ans b
As per Section 37 of the Biological Diversity Act 2002, the State Governments are
empowered to notify in the official gazette, in consultation with ‘local bodies’, areas of
biodiversity importance as Biodiversity Heritage Sites.
Incorrect
Ans b
As per Section 37 of the Biological Diversity Act 2002, the State Governments are
empowered to notify in the official gazette, in consultation with ‘local bodies’, areas of
biodiversity importance as Biodiversity Heritage Sites.
Question 4 of 10
4. Question
2 points
Which the following are a part of the World Bank Group?
1. International Finance Corporation (IFC)
2. Multilateral Investment Guarantee Agency (MIGA)
3. International Centre for Settlement of Investment Disputes (ICSID)
Select the correct answer using the code given below.
Correct
Ans c
All the options are correct.
Incorrect
Ans c
All the options are correct.
Question 5 of 10
5. Question
2 points
With reference to ‘Eco-Sensitive Zones’, which of the following statements is/are not
correct?
1. These are fragile areas that exists within 10 kilometres of protected areas like
National Parks and Wildlife Sanctuaries.
2. Eco-Sensitive Zones are declared under the Wildlife (Protection) Act, 1972.
3. All kinds of human activities except agriculture are prohibited in Eco- Sensitive
Zones.
Select the correct answer using the code given below.
Correct
Ans b
ESZs are notified by the Ministry of Environment, Forest and Climate Change (MoEFCC),
Government of India under the Environment Protection Act 1986.
Activities permitted in the areas include ongoing agriculture and horticulture practices by
local communities, rainwater harvesting etc.
Incorrect
Ans b
ESZs are notified by the Ministry of Environment, Forest and Climate Change (MoEFCC),
Government of India under the Environment Protection Act 1986.
Activities permitted in the areas include ongoing agriculture and horticulture practices by
local communities, rainwater harvesting etc.
Question 6 of 10
6. Question
2 points
Consider the following statements about Shell companies:
1. They are corporate entities that do not have any active business operations.
2. They are defined as illegal entities under the Company Act 2013.
Which of the statements given above is/are correct?
Correct
Ans a
Shell companies are not defined under any specific law. The Companies Act, 2013 does not
define shell companies and what activities constitute shell companies.
Incorrect
Ans a
Shell companies are not defined under any specific law. The Companies Act, 2013 does not
define shell companies and what activities constitute shell companies.
Question 7 of 10
7. Question
2 points
With reference to Participatory Notes (PNs), consider the following statements:
1. It is a derivative instrument issued by a SEBI registered Foreign Institutional Investor
(FII) in foreign jurisdictions.
2. The investor in PN does not own the underlying Indian security.
3. PNs are freely tradeable and can be easily transferred from one investor to another.
Which of the statements given above is/are correct?
Correct
Ans a
All the statements are correct
Incorrect
Ans a
All the statements are correct
Question 8 of 10
8. Question
2 points
Consider the following statements with respect to biotic potential:
1. Biotic potential is the maximum rate of increase in the population of a species under
optimum environmental conditions.
2. Biotic potential of elephants is much higher than mice.
Which of the statements given above is/are correct?
Correct
Ans a
Species such as bacteria, insects, mice and other small organisms that can produce a large
number of offspring in a short time have a high biotic potential while larger species like
elephants, tigers and humans that produce only a few offspring at a time have a low biotic
potential.
Incorrect
Ans a
Species such as bacteria, insects, mice and other small organisms that can produce a large
number of offspring in a short time have a high biotic potential while larger species like
elephants, tigers and humans that produce only a few offspring at a time have a low biotic
potential.
Question 9 of 10
9. Question
2 points
With reference to Reserve Ratio in the banking sector, consider the following
statements:
1. It is the percentage of deposits that a bank is mandated to keep with the RBI.
2. Higher reserve ratio tends to lower the credit supply in an economy.
Which of the statements given above is/are correct?
Correct
Ans c
Both statements are correct.
Incorrect
Ans c
Both statements are correct.
Question 10 of 10
10. Question
2 points
Consider the following statements regarding Tiger Reserves in India:
1. Tiger Reserves are notified by State Governments as per provisions of the Wildlife
(Protection) Act, 1972.
2. No alteration in the boundaries of a tiger reserve can be made except on a
recommendation of the Tiger Conservation Authority.
Which of the statements given above is/are correct?
