DESIREIAS QUIZ

16th October Daily MCQ – Based on The Hindu

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16th October Daily MCQ – Based on The Hindu

Q-1 Consider the following statements
1-BASIC countries are bloc (geopolitical alliance) of four large newly industrialized countries – Brazil, South Africa, India and China.
2-It was formed by agreement in 2015.

3-They are committed to act jointly at Copenhagen climate summit, including possible united walk-out if their common minimum position was not met by the developed nations during climate talks.

Select the correct answer using the code given below:
A- 1 only
B- 1,2 only
C- 1,2,3 only
D- 1,3 Only

MCQ Source – 16th October 2018,The Hindu Newspaper ,Page-11 ,Topic- Ahead of climate talks, India in touch with 40 countries

Q-2 Consider the following statements

1- NBFC is a financial institution that provides banking services without meeting the legal definition of a bank, i.e. one that does not hold a banking license
2-NBFCs can accept demand deposits.
3- They cannot issue cheques as they do not form part of the payment and settlement system.

4-Kreditech has been licensed by the RBI to operate as an NBFC with the first of its kind licence in the Indian financial history
for digital lending business and app based financing,
the Germany based company

Select the correct answer using the code given below:
A- 1,3,4
B- 1,3
C- 1,2
D- 2,3,4

MCQ Source – 16th October 2018,The Hindu Newspaper ,page-13 Topic-Kreditech gets NBFC licence

Q-3 Consider the following statements

1-WPI is published by Office of Economic Advisor, Ministry of Commerce and Industry.
2- CPI-Industrial Workers, CPI-Agricultural Labourers, CPI-Rural Labourers is published by
Labour Bureau, Ministry of Labour and Employment.
3- CPI-Rural, CPI-Urban, CPI-Combined is published by Central Statistical Office (CSO), Ministry of Statistics and Programme Implementation (MoSPI)
4-GDP Deflator is published by CSO, MoSPI
Select the correct answer using the code given below:
A- 1,3
B- only 4
C- 1,2,4
D- All of the Above

MCQ Source – 16th October 2018,The Hindu Newspaper ,Page-13 Topic-Higher food prices drive wholesale infl_ation to 5.13%

Q-4 What is INS Tihayu that has been recently commissioned by the Indian Navy?
A. Fast attack craft
B. Submarine
C. Flight carrier
D. Sailing vessel
MCQ Source- https://www.indiannavy.nic.in/content/ins-tihayu-joins-indian-navy

Q-5 Consider the following statements:
1- Headline inflation measures price inflation arising due to all types of commodities in the economy
2- Core inflation measures the headline inflation excluding volatile components i.e. food and
fuel items
Select the correct answer using the code given below:
A- Only 1
B- Only 2
C- Both are Correct
D- None of the Above

MCQ Source – 16th October 2018,The Hindu Newspaper ,Page-13 Higher food prices drive wholesale infl_ation to 5.13%

Q-6 Consider the following statements regarding Foreign Direct Investment (FDI)
1- FDI investment may happen through secondary market
2-FDI investment is possible through both primary & secondary market
3- FDI investment is about equity securities
4 – FDI investment is about debt securities
Select the correct answer using the
code given below:
A- 1 only
B- 2,3 only
C- 3 only
D- 2,4 only

MCQ Source – 16th October 2018,The Hindu Newspaper ,Page-13 Topic- Trade defi_cit shrinks to 5month low