Weekly, Current Affairs Test, 17- 23 March 2019


1.

Consider the following statements vis-à-vis the Sovereign Gold Bond (SGB) Scheme:

  1. Under the SGB Scheme, bonds are denominated in units of hundred grams of gold and multiples thereof.
  2. The bonds can be used as collateral for loans.
  3. The indexation benefits are also provided to long-term capital gains arising to any person on transfer of bond.

Choose the correct answer from the code given below:

A
2 only
B
3 only
C
1, 2 and 3
D
2 and 3 only

2.

Which of the following are advantages of Gold Bonds over Physical Possession of Gold?

  1. Gold Bonds are more liquid.
  2. They are safer than Physical Gold.
  3. There is no issue of wear & tear.
  4. A common person trusts Gold Bond more than Physical Gold.

Choose the correct answer from the code given below:

A
2, 3 and 4 only
B
1, 2 and 3 only
C
1, 2, 3 and 4
D
2 and 3 only

3.

Consider the following statements:

  1. As per recent reports of World Gold Council, India has the highest reserve of Gold in the world.
  2. SGB scheme aims to reduce India’s Current Account Deficit.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2

4.

Consider the following statements about Composite Materials:

  1. Composite materials have high expansion under thermal environment making them ideal materials for spacecraft applications.
  2. Plywood is an example of composite material.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2

5.

‘Mrinal’ has a peculiar significance in India’s Space programme; this is related to?

A
India’s First Launch Pad for Rockets
B
India’s First Mission in Space
C
India’s First Orbiter around Moon
D
India’s First Composite Solid Propellant

6.

Consider the following statements about ‘Bumphead Parrotfish’:

  1. It is protected under Schedule 1 of Wildlife Protection Act 1972.
  2. It is listed as ‘Endangered’ as per IUCN Red List.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2

7.

Consider the following statements about ‘Bumphead Parrotfish’:

  1. It is endemic to Indian Ocean only.
  2. It is world’s largest Parrotfish.
  3. Coral bleaching is one of the causes for decrease in its number.

Choose the correct answer from the code given below:

A
1 only
B
2 and 3 only
C
1, 2 and 3
D
2 only

8.

‘Ziro Valley’ has some similarities with which of the following landscapes?

  1. Imphal Valley of Manipur
  2. Kathmandu Valley of Nepal
  3. Paro Valley of Bhutan.

Choose the correct answer from the code given below:

A
1 only
B
1 and 3 only
C
1, 2 and 3
D
2 only

9.

Consider the following statements about ‘Apatani’:

  1. The Apatanis are among the few tribes in the world who continue to worship nature.
  2. Apatanis speak a language called ‘Kui’.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2

10.

Consider the following statements about ‘Apatani’:

  1. The Apatanis are said to have settled down in Talley Valley for some time before shifting base to Ziro Valley.
  2. The Apatani women follow the custom of tattooing their face, which is called yapping
  3. Dree festival is celebrated by Apatani for the bumper harvest and well being of all human beings.

Choose the correct answer from the code given below:

A
1 only
B
1 and 3 only
C
1, 2 and 3
D
2 only

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