MCQ for 14-april-2020-mcqs-test

With reference to the Index funds, consider the following statements:

1. They are funds that replicate a certain index.

2. Index funds are a form of passive funds since the fund manager does not have to actively do any kind of stock picking.

Which of the statements given above is/are correct?

With reference to the Bank Sakhis, consider the following statements:

1. Bank Sakhis are Self-Help Groups (SHGs) women working as Business Correspondents for banks.

2. As a part of the Rural Financial Institutions Programme (RFIP), National Bank for Agriculture and Rural Development (NABARD) and GIZ initiated this project in 2012 to overcome a major challenge in ensuring financial inclusion of rural low-income households.

Which of the statements given above is/are correct?

With reference to the Pattachitra paintings, consider the following statements:

1. It is based in the states of West Bengal and Odisha.

2. In Bengal tradition paintings are solely based on Hindu mythology.

Which of the statements given above is/are correct?

Meru Jatra/ Danda Jatra is one of the most important traditional dance festivals organized in:

With reference to India's culture and tradition, what is 'Kalaripayattu'?

Which of the following pairs is/are correctly matched?

Select the correct answer using the code given below:

With reference to the state legislature, consider the following statements:

1. Article 164(4) of the Constitution of India states that a Minister who for any period of four consecutive months is not a member of the Legislature of the State shall at the expiration of that period cease to be a Minister.

2. The Council of Ministers shall be collectively responsible to the Legislative Assembly of the State.

Which of the statements given above is/are correct?

With reference to the Fiscal Responsibility and Budget Management (FRBM) Act 2003, consider the following statements:

1. The law does not contain what is commonly referred to as an ‘escape clause’.

2. The States have since enacted their own respective Financial Responsibility Legislation, which sets the same 3% of Gross State Domestic Product (GSDP) cap on their annual budget deficits.

Which of the statements given above is/are correct?

With reference to the COVID-19, consider the following statements:

1. The Union Health Ministry’s detailed guidelines for handling of bodies of COVID-19 patients allow both cremation and burial.

2. Bodies of people infected with microbes such as HIV and SARS-CoV-2 come under Biosafety Levels II and III.

Which of the statements given above is/are correct?

With reference to the Nihang, consider the following statements:

1. Nihang is an order of Sikh warriors, characterised by blue robes, antiquated arms such as swords and spears, and decorated turbans surmounted by steel quoits.

2. Any person irrespective of caste, creed or religion can be included provided he has unshorn hair as per the Sikh traditions at the time of entering the sect.

Which of the statements given above is/are correct?