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Insights March 2018 Daily Quiz Pdf Download

Insights March 2018 Daily Quiz Pdf Download – Free UPSC Materials

Question 1 – Consider the following statements about AT1 or Additional Tier-1 bonds:

1. An AT1 bond owner receives an interest payment as long as the bond is held, viz. these bonds
have no maturity date
2. These are considered to be high-risk, high-yield investments
3. Banks in India have issued such bonds to enable them to comply with Basel III norms

Which of the statements given above is/are correct?

a) 1 and 2 only
b) 3 only
c) 1, 2 and 3
d) None of the above

2. By giving focused attention to the twelve recently identified ‘Champion Services Sectors’ for their
development, it is envisaged that

1. The share of India’s services sector in global services exports will increase
2. Competitiveness of the manufacturing sector will increase

Select the correct answer using the code given below:

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

3. The initiative for ‘Champion Sectors’ will be spearheaded by

a) Ministry of Heavy Industries and Public Enterprises and Ministry of Electronics and Information Technology

b) Ministry of Science and Technology

c) Department of Industrial Policy and Promotion and Department of Commerce

d) NITI Aayog

4.Consider the following statements with regard to the government’s budgetary allocations for the Indian defence services:

1. As a percentage of total central government expenditure, the share of the defence budget has
reduced over the past few years
2. As a percentage of GDP, India spends lesser than does China and Pakistan

Which of the statements given above is/are correct?

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

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