Static Quiz 21 May 2022
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Static Quiz 21 May 2022 for UPSC Prelims
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- Question 1 of 5
1. Question
Consider the following statements about functions of Securities and Exchange Board
of India:
1. It regulates the business of the stock market and other securities market.
2. It prohibits insider trading in securities market.
3. It promotes awareness among investors and training of intermediaries about
safety of market.
Which of the statement given above are correct?CorrectAnswer: D
All the statements are correctIncorrectAnswer: D
All the statements are correct - Question 2 of 5
2. Question
Special Drawing Right (SDR) basket of IMF consists of
1. US dollar
2. Indian Rupee
3. Chinese renminbi
4. Japanese yen
5. British pound sterling
Select the correct answer using the code given below.CorrectAnswer: B
The value of the SDR is based on a basket of five major currencies—the US dollar, the euro, the
Chinese renminbi (RMB), the Japanese yen, and the British pound sterling. Hence, option (b) is
correct.IncorrectAnswer: B
The value of the SDR is based on a basket of five major currencies—the US dollar, the euro, the
Chinese renminbi (RMB), the Japanese yen, and the British pound sterling. Hence, option (b) is
correct. - Question 3 of 5
3. Question
Which of the following forms part of the non-debt receipts (NDR) of the Central
Government?
1. Receipts from spectrum auction
2. Proceeds from disinvestment in public sector enterprises
3. Recovery of loans given to foreign governments.
Select the correct answer using the code given below.CorrectAnswer: D
All the statements are correctIncorrectAnswer: D
All the statements are correct - Question 4 of 5
4. Question
Which of the following factors show that GDP of a country cannot be taken as a true
index of the welfare of the people of the country?
1. Negative Externalities
2. Non-Monetary exchange
3. Non-uniform distribution of GDP among the people
Select the correct answer using the code given below.CorrectAnswer: D
All the statements are correctIncorrectAnswer: D
All the statements are correct - Question 5 of 5
5. Question
The term ‘special purpose vehicle’, often seen in the news, is in the context of:
CorrectAnswer: A
IncorrectAnswer: A
