Questions
Q1. Consider the following statements:
1. Confederation of Indian Industry (CII) opposed for signing of RCEP.
2. India could serve not only as a major market for final markets but also as a base for third-country exports, primarily to West Asia, Africa and Europe.
3. Farmers feared that the RCEP will permanently bring down import duties on most agricultural commodities to zero
Select the correct answer using the code given below:
a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) All of the above
Q2. Consider the following statements about “High Quality Liquid Assets (HQLAs)”:
1. High Quality Liquid Assets (HQLAs) are the liquid assets that can be readily sold or immediately converted into cash at little or no loss of value.
2. High Quality Liquid Assets can be used as collateral to obtain funds in a range of stress scenarios.
Select the correct answer from codes given below
a) 1 only
b) 2 only
c) 1 and 2 both
d) None of the above
Q3. Which of the following statements about “One China Policy” are NOT correct?
1. It is a principle whereby China insists Taiwan is an inalienable part of one China to be reunified one day.
2. The “One-China policy” opposed to the idea that there are two states, the People’s Republic of China (PRC) and the Republic of China (ROC).
3. One China Policy is related to the population control in the country.
4. The One-China principle faces opposition from supporters of the ‘Hong Kong independence movement’.
Select the correct answer using the code given below:
a) 1 and 4 only
b) 2 and 4 only
c) 2 and 3 only
d) 3 and 4 only
Q4. Consider the following statements about “East Asia Summit (ESA)”?
1. EAS is chaired by its member countries on rotational basis.
2. India is a one of founding member of the East Asia Summit.
3. It is a forum of 18 regional leaders for strategic dialogue and cooperation on the key political, security, and economic challenges facing the Indo-Pacific region.
Select the correct answer using the code given below:
a) 1 and 3 only
b) 1 and 2 only
c) 2 and 3 only
d) All of the above
Q5. What is “Agreement on Reciprocal Logistics Support (ARLS)”?
a) Agreement between USA and India on trade.
b) Agreement between India and Russia, to have access to each other’s military facilities for supplies and fuel.
c) An arrangement between India and China for trade balance.
d) An arrangement between India and ASEAN for cargo ship movement in the Indian Ocean.
Note
1. Answers will be given tomorrow with Solution
2. You can post your answers in discussion section below and cross check your accuracy .
Objective of this exercise is to prepare you for PRELIMS 2020 on daily basis . If you do it sincerely and attempt a good Test Series under exam like conditions , we are sure it will help you in clearing Prelims examination.
Quiz 99
Questions – https://chromeias.com/cse-2020-prelims-daily-quiz-99-questions/
Answers – https://chromeias.com/cse-2020-prelims-daily-quiz-99-answers/
