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May Quiz
Question 1/5
Q1. Consider the following statements regarding the Reserve Bank of India’s (RBI) Economic Capital Framework:
It is used to determine the level of risk provisioning and surplus distribution decisions for the central bank.
The Bimal Jalan committee was constituted to review the current framework.
The Committee recommended to align the central bank’s accounting year with the financial year.
How many of the statements given above are correct?
A
Only one
B
Only two
C
All three
D
None
Submit
Question 2/5
Q2. With reference to Pine trees, consider the following statements:
Pines are commonly found in the Northern Hemisphere.
Pine trees are evergreen, coniferous resinous trees.
Chirpine is also known as three-needled Indian pine, a native of the Himalayas.
How many statements given above are correct?
A
Only one
B
Only two
C
All three
D
None
Submit
Question 3/5
Q3. With reference to Certificates of deposit, consider the following statements:
It is a negotiable capital market instrument.
A Certificate of Deposit in India can be issued by all scheduled commercial banks excluding Regional Rural Banks (RRBs) and Local Area Banks (LABs).
It is either issued in demat form or in the form of a usance promissory note.
How many of the above statements are correct?
A
Only one
B
Only two
C
All three
D
None
Submit
Question 4/5
Q4. Consider the following statements regarding the Ganges River Dolphin:
It can only live in freshwater and is essentially blind.
It is protected under Schedule I of the Wild Life (Protection) Act, 1972.
Female dolphins of the species are smaller than males.
How many of the above statements are correct?
A
Only one
B
Only two
C
All three
D
None
Submit
Question 5/5
Q5. With respect to Tele-Law Programme, consider the following statements:
Statement I: The programme is launched by Ministry of Home Affairs to address cases at pre–litigation stage.
Statement II: Tele Law service enables anyone to seek legal advice without wasting precious time and money.
Which one of the following is correct in respect of the above statements?
A
Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
B
Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
C
Statement-I is correct but Statement-II is incorrect
D
Statement-I is incorrect but Statement-II is correct
Submit
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