Questions
Q1. Consider the following statements about “Non-Performing Asset”:
1.The financial stability report released by the Finance Ministry of India.
2.NPA in terms of RBI regulations result out of non-payment of interest for a period of 90 days or non-payment of principle amount for 90 days or more.
3.Project Sashakt, a five-pronged strategy, has been launched to resolve bad loans,
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
Assertion (A): The term “trademark” is often used to refer to both trademarks and service marks. Reason (R): Trademarks expire after a set term of years. It is part of Intellectual Property Right.
Select the correct answer from codes given below
a) Both A and R are correct, and R is the correct explanation of A
b) Both A and R are correct, and R is not correct explanation of A
c) A is correct while R is incorrect
d) A is incorrect while R is correct
Q3. Consider the following statements ‘Nuclear Energy Conclave’:
1.Earlier the Atomic power plants were restricted in Southern India, now the Government is setting up the nuclear plants in other parts of the country. A nuclear plant is coming up in the Gorakhpur of Uttar Pradesh.
2.The 11th Nuclear Energy Conclave, organized by the India Energy Forum, was held in New Delhi.
Which of the statement(s) given above is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Q4. Which one of the following best describes the term “Merchant Discount Rate” recently was in news?
a) The incentive given by a bank to a merchant for accepting payments through debit cards pertaining to that bank.
b) The amount paid back by banks to their customers when they use debit cards for financial transactions for purchasing goods or services.
c) The rate charged to a merchant for payment processing services on debit and credit card transactions.
d) The incentive given by the Government to merchants for promoting digital payments by their customers through Point of Sale (PoS) machines and debit cards.
Q5. Consider the following statements about ‘National Milk Sample Safety Quality Survey’:
1. Aflatoxin M1 is a chemical compound which contaminate plant and plant products.
2. In large doses, aflatoxins can be life saver.
3. India is the world’s largest producer of milk.
4. National Milk Authority of India released the National Milk Sample Safety Quality Survey.
Select the correct answer using the code given below:
a) 1, 2, 3 and 4 only
b) 1, 2 and 3 only
c) 2 and 4 only
d) 1 and 3 only
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 89
Questions – https://chromeias.com/cse-2020-prelims-daily-quiz-89-questions/
Answers – https://chromeias.com/cse-2020-prelims-daily-quiz-89-answers/
