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January Quiz
Question 1/5
Q1. With reference to the Hedge funds, consider the following statements:
They are high-risk volatile investment options meant for High Networth Individuals.
They fall under the Alternative Investment Funds (AIFs).
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
Submit
Question 2/5
Q2. Which one of the following best describes the term "Merchant Discount Rate", sometimes seen in news?
A
A fee charged by banks to pay for costs of maintaining the merchant's account.
B
The rate of interest which a bank charges on its loans and advances to merchants.
C
A fee that a merchant is charged by their issuing bank for accepting payments from their customers via credit and debit cards.
D
A discount given to a customer for using credit card at the point of sale (PoS) terminal.
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Question 3/5
Q3. Consider the following pairs:
Reports
Published by
1. Global Risks Report
World Economic Forum
2. Trade and Development Report
World Trade Organisation
3. Global Wealth Report
Oxfam International
Which of the pairs given above is/are correctly matched?
A
1 only
B
2 and 3 only
C
1 and 3 only
D
2 only
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Question 4/5
Q4. The Digital India Land Records Modernization Programme (DILRMP) is being implemented by which one of the following Ministries of the Government of India?
A
Ministry of Rural Development
B
Ministry of Environment, Forests and Climate Change
C
Ministry of Housing and Urban Affairs
D
Ministry of Tribal Affairs
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Question 5/5
Q5. Consider the following statements about India-Bangladesh Border Haat:
It is a special market place located exactly on the Zero line between India and Bangladesh.
All the transactions here are Tax free.
Buyers can only purchase in reasonable family consumption quantities.
Which of the statements given above are correct?
A
1 and 2 only
B
2 and 3 only
C
1 and 3 only
D
1, 2 and 3
Submit
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