UPSC - Civil Services (P) Examination - Model Question and Concept Note.

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1.With reference to investments, consider the following :
A).   Bond 
B).   Hedge Funds
C).   Stocks
D).   Venture Capital 

How many of the above are treated as Alternative Investment Funds?
  1. Only one 
  2. Only two 
  3. Only three 
  4. All the four 
󠀧 Ans. 2. Only two 
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Notes.
Bond and stocks (shares) are not treated as Alternative Investment Funds. Hedge Funds and Venture Capital are Alternative Investment Funds under the SEBI (Alternative Investment Funds) Regulations 2012.
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2.  Which National body publishes SDG India Index Report?

A. Ministry of Panjayati Raj
B. Election Commission 
C.Planning Commission 
D. NITI Ayog

Ans: D. NITI Aayog 
Notes
SDG India Index Report is a comprehensive tool that monitors India's progress towards achieving the sustainable development goals.The SDG India Index Report is Developed by NITI Aayog.

3.Which one of the following are sources of income for the Reserve Bank of India?

I.    Buying and selling government bonds 

II.   Buying and selling government currency 

III.  Pension fund management 

IV.   Printing and distributing currency notes 

Select the correct answer using the code below 

a). I and II only 

b). II, III and IV

c). I, III, IV, V

d). I, II, V

Ans: d.

Notes 
Pension fund management and lending to private company are not sources of income for the Reserve Bank of India.
Buying and selling government bonds, managing foreign exchange reserves, and seigniorage (profit from printing currency) are the primary sources of income for the Reserve Bank of India.
4. Which gas is responsible for global warming?
A. CO²
B. O²
C. N²
D. H²
Ans: A
5. Consider the following statements.
I. Enforcement of the Foreign Exchange and Management Act 1999 and Prevention of Money Laundering Act 2002 is vested with the Directorate of Enforcement.

II. Directorate of Enforcement is responsible for the enforcement of Prevention of the Money Laundering Act 2002.
Which of the above statements is/are correct?
A. I only. 
B. II only. 
C. Both I and II. 
D. Neither I nor II.
Ans: A.
5.Consider the following statements:
    Statement I:
         As regards returns  from an investment in a company, generally, bondholders are considered to be relatively at lower risks than stockholders.
    Statement II:
           Bondholders are lenders to a company whereas stockholders are its owners.
    Statement III:
For repayment purpose, bondholders are prioritised over stockholders by a company.
Which one of the following is correct in respect of the above statements?
a) Both statement II and statement III are correct and both of them explain statement I.
b) Both statement II and statement III are correct and both of them does not explain statement I.
c) Both statement I and statement II are correct and both of them does not explain statement I.
d) All statements are false.
Answer: a)
Both statement II and statement III are correct and both of them explain statement I.