IAS Prelims GS Questions and Answers - July 18, 2015

IAS Prelims GS Questions and Answers - July 18, 2015


1. Consider the following statements

1. Indira Gandhi National Tribal University is a statutory body.
2. It is located in New Delhi.

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

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ANSWER: a) Only 1

Indira Gandhi National Tribal University is in Amarkantak, Anuppur district, Madhya Pradesh. It was established through an Act of Parliament, Indira Gandhi National Tribal University Act, 2007, by Government of India.



2. Consider the following statements about composite cap on foreign investment.

1. Under the new policy, FDI, foreign portfolioinvestment and investments by non-resident Indians would be clubbed together under a composite cap.

2. It is applicable to banks and defense companies.

3. FPI investment can go up to 49% if it does not transfer control from Indians to foreigners.

Which of the above statements is/are correct?

a) 1,2
b) 2,3
c) 1,3
d) All

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ANSWER: d) All

Composite caps have been suggested for agriculture, manufacturing, airports, real estate, telecom and other sectors. It is not applicable to banks and defense companies.



3. The location for 2015 United Nations Climate Change Conference is

a) Nairobi
b) Paris
c) Copenhagen
d) Brasilia

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ANSWER: b) Paris

The United Nations Climate Change Conference, COP21 or CMP11 will be held in Paris, France in 2015



4. Consider the following statements

1. Iran's current stockpile of low-enriched uranium will be reduced by 98 percent for at least fifteen years by the deal between P5+1.
2. Iran is not a member of the Non-Proliferation Treaty

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

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ANSWER: a) Only 1

Iran is a member of the Non-Proliferation Treaty.



5. Consider the following statements about OPEC

1. OPEC is headquartered in Vienna, Austria
2. Iran is member of OPEC.

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

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ANSWER: c) Both

Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela are members f OPEC.OPEC sets production targets for its member nations.



6. Among following organization, India is member of

1. Nuclear Suppliers Group (NSG)
2. Missile Technology Control Regime (MTCR)
3. Wassenaar Arrangement
4. Australia Group

a) 2,3
b) 2,3,4
c) 1,2,3,4
d) None

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ANSWER: d) None

India is seeking membership to all these organizations.



7. Nachiket mor Committee is related to

a) Monetary Policy Reform
b) Relation between RBI and scheduled banks
c) To recommend FDI in banking sector
d) To check the applications for a payments bank licenses

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ANSWER: d) To check the applications for a payments bank licenses

The external advisory committee headed by Nachiket Mor, set up to vet the applications for a payments bank licence, has given its report to the Reserve Bank of India (RBI).



8. Consider the following statements about new trade annulment policy undertaken on stock exchanges.

1. Stock brokers shall submit such request to the stock exchange within 30 minutes from execution of trade(s) which is sought to be annulled.
2. Stock exchange may consider requests received after 30 minutes, but no longer than 60 minutes, only in exceptional cases and after examining and recording reasons for such consideration.

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

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ANSWER: c) Both



9. Consider the following statements

1. “Neeranchal’’ is a World Bank assisted national watershed management project.
2. It will be launched to give fillip to watershed development in the country with an initial outlay of Rs. 2142 crores.

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

View Answer / Hide Answer

ANSWER: c) Both



10. The first World Youth Skills Day was observed on

a) 15 July 2014
b) 16 July 2015
c) 15 July 2015
d) 16 July 2014

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ANSWER: c) 15 July 2015

To raise awareness about the importance of investing in youth skills development, the United Nations General Assembly has celebrated the first World Youth Skills Day (WYSD) on 15 July 2015.
This year’s thme is “Youth skills for work and life in the post-2015 agenda.



11.Consider the following statements about 'The Regulation of Visitors, Tenants and Migrant Workers’ Bill

1. It made mandatory for non-Manipuris to register themselves with the government for reasons of their safety and security and for the maintenance of public order.

2. Under the act, Government was to issue permits to migrant workers

3. The Bill proposed to punish non-compliance with fines, the largest of which was Rs 50,000.

4. Manipur Assembly withdrew the Manipur Regulation of Visitors, Tenants and Migrant Workers Bill, 2015.

Which of the above statements is/are correct?

a) 1,2,3
b) 2,3
c) 1,3,4
d) All

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ANSWER: d) All


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