Daily Quiz – 19th Feb 2024 By adminFebruary 20, 2024Quiz Daily Quiz - 19th Feb 2024 Daily Quiz - 19th Feb 2024 1 / 5 Consider the following: Foreign currency convertible bondsForeign institutional investment with certain conditionsGlobal depository receiptsNon-resident external depositsWhich of the above can be included in Foreign Direct Investments? 1, 2 and 3 3 only 2 and 4 1 and 4 Statements 1, 2 and 3 are correct.‘Foreign Currency Convertible Bond’ (FCCB) is a bond issued under the Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993, as amended from time to time.Automatic Route for Issue of Foreign Currency Convertible Bonds (FCCBs) is allowed. Foreign Portfolio Investment is any investment made by a person resident outside India in capital instruments where such investment is (a)less than 10 percent of the post issue paid-up equity capital on a fully diluted basis of a listed Indian company or (b) less than 10 percent of the paid up value of each series of capital instruments of a listed Indian company.It is the percentage which defines whether it is direct or institutional investment.FII made above 10 percent of the post issue paid-up equity capital will be considered as FDI. But Once an FDI always an FDI.Foreign investment in Indian securities has been made possible through the purchase of Global Depository Receipts, Foreign Currency Convertible Bonds and Foreign Currency Bonds issued by Indian issuers which are listed, traded and settled overseas. Statement 4 is incorrect. A Non-Resident External (NRE) account is a rupee dominated account opened by an NRI to facilitate deposit of foreign currency earnings. It is not an FDI. Statements 1, 2 and 3 are correct.‘Foreign Currency Convertible Bond’ (FCCB) is a bond issued under the Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993, as amended from time to time.Automatic Route for Issue of Foreign Currency Convertible Bonds (FCCBs) is allowed. Foreign Portfolio Investment is any investment made by a person resident outside India in capital instruments where such investment is (a)less than 10 percent of the post issue paid-up equity capital on a fully diluted basis of a listed Indian company or (b) less than 10 percent of the paid up value of each series of capital instruments of a listed Indian company.It is the percentage which defines whether it is direct or institutional investment.FII made above 10 percent of the post issue paid-up equity capital will be considered as FDI. But Once an FDI always an FDI.Foreign investment in Indian securities has been made possible through the purchase of Global Depository Receipts, Foreign Currency Convertible Bonds and Foreign Currency Bonds issued by Indian issuers which are listed, traded and settled overseas. Statement 4 is incorrect. A Non-Resident External (NRE) account is a rupee dominated account opened by an NRI to facilitate deposit of foreign currency earnings. It is not an FDI. 2 / 5 With reference to solar power production in India, consider the following statements: India is the third largest in the world in the manufacture of silicon wafers used in photovoltaic units.The solar power tariffs are determined by the Solar Energy Corporation of India.Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Silicon wafers are thin slices of semiconductor, such as a crystalline Silicon (c-Si), used for the fabrication of integrated circuits and, in photovoltaics, to manufacture solar cells. China is by far the world’s largest producer of Silicon, followed by Russia, the United States, and Brazil. India does not figure among the top five producers of Silicon and Silicon wafers. Hence, statement 1 is not correct.Solar tariffs are determined by the Central Electricity Regulatory Commission and not by Solar Energy Corporation of India. Hence, statement 2 is not correct.Therefore, option (d) is the correct answer. Silicon wafers are thin slices of semiconductor, such as a crystalline Silicon (c-Si), used for the fabrication of integrated circuits and, in photovoltaics, to manufacture solar cells. China is by far the world’s largest producer of Silicon, followed by Russia, the United States, and Brazil. India does not figure among the top five producers of Silicon and Silicon wafers. Hence, statement 1 is not correct.Solar tariffs are determined by the Central Electricity Regulatory Commission and not by Solar Energy Corporation of India. Hence, statement 2 is not correct.Therefore, option (d) is the correct answer. 3 / 5 Consider the following pairs: Regions often Reason for being in news mentioned in newsNorth Kivu and Ituri : War between Armenia and AzerbaijanNagorno-Karabakh : Insurgency in MozambiqueKherson and Zaporizhzhia : Dispute between Israel and LebanonHow many of the above pairs are correctly matched? Only one Only two All three None Kivu and Ituri are related to the Republic of Congo. A war between the Republic of Congo and Rwanda started in 1994 with the genocide of 800,000 Rwandan Tutsis and Hutus.Hence, pair 1 is NOT correctly matched.Nagorno-Karabakh is a region of southwestern Azerbaijan. It is used to refer to an autonomous oblast (province) of the former Azerbaijan Soviet Socialist Republic (S.S.R.) and to the Republic of Nagorno-Karabakh, a self-declared country whose independence is not internationally recognized. The old autonomous region occupied an area of about 1,700 square miles (4,400 square km), while the forces of the self-proclaimed Republic of Nagorno-Karabakh presently occupy some 2,700 square miles (7,000 square km). Hence, pair 2 is NOT correctly matched.Kherson and Zaporizhzhia are related to Ukraine and they are related to the dispute between Ukraine and Russia. Hence, pair 3 is NOT correctly matched. Kivu and Ituri are related to the Republic of Congo. A war between the Republic of Congo and Rwanda started in 1994 with the genocide of 800,000 Rwandan Tutsis and Hutus.Hence, pair 1 is NOT correctly matched.Nagorno-Karabakh is a region of southwestern Azerbaijan. It is used to refer to an autonomous oblast (province) of the former Azerbaijan Soviet Socialist Republic (S.S.R.) and to the Republic of Nagorno-Karabakh, a self-declared country whose independence is not internationally recognized. The old autonomous region occupied an area of about 1,700 square miles (4,400 square km), while the forces of the self-proclaimed Republic of Nagorno-Karabakh presently occupy some 2,700 square miles (7,000 square km). Hence, pair 2 is NOT correctly matched.Kherson and Zaporizhzhia are related to Ukraine and they are related to the dispute between Ukraine and Russia. Hence, pair 3 is NOT correctly matched. 4 / 5 Consider the following statements: The Environment Protection Act, 1986 empowers the Government of India to-state the requirement of public participation in the process of environmental protection, and the procedure and manner in which it is sought.lay down the standards for emission or discharge of environmental pollutants from various sources.Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Statement 1 is incorrect. The Environment Protection Act, 1986 doesn‟t contain any provision related to public participation.Statement 2 is correct: As per Section 3 of the Environment Protection Act, the Government of India is empowered to make rules in the laying down standards for emission or discharge of environmental pollutants from various sources. Statement 1 is incorrect. The Environment Protection Act, 1986 doesn‟t contain any provision related to public participation.Statement 2 is correct: As per Section 3 of the Environment Protection Act, the Government of India is empowered to make rules in the laying down standards for emission or discharge of environmental pollutants from various sources. 5 / 5 Consider the following statements:It is locally known as sarangi.It is rich in vitamins like Vitamin B and niacin.Recently Maharashtra declared it as its official state fish.The above statements are describing about which of the following species? John‟s Snapper Blackspotted Croaker Silver Pomfret Groupers Silver Pomfret (Pampus argenteus) is a seawater fish consisting of a single bone. It is considered as one of the finest fish for its distinct flavor and taste. It is a rich source of Vitamin B and niacin. It is also rich in protein and omega-3 fatty acids. It is categorized as „vulnerable‟ under the IUCN‟s Red List of Threatened Species. In 2023, Maharashtra declared the silver pomfret as its official state fish. It is locally known as paplet or sarangi. The state government's move will enable the department to work towards the conservation of the fish.Options a and d are incorrect: Recently, the Centre for Marine Fisheries Research Institute (CMFRI) in Visakhapatnam is engaged in captive breeding and seed production of Groupers, John’s Snapper, and Indian Pompano.Option b is incorrect: Recently, Gujarat declared Ghol fish or the Blackspotted Croaker as the state fish of Gujarat. Ghol fish is commonly found in the Indo-Pacific region, ranging from the Persian Gulf to Indonesia and north to Japan. Silver Pomfret (Pampus argenteus) is a seawater fish consisting of a single bone. It is considered as one of the finest fish for its distinct flavor and taste. It is a rich source of Vitamin B and niacin. It is also rich in protein and omega-3 fatty acids. It is categorized as „vulnerable‟ under the IUCN‟s Red List of Threatened Species. In 2023, Maharashtra declared the silver pomfret as its official state fish. It is locally known as paplet or sarangi. The state government's move will enable the department to work towards the conservation of the fish.Options a and d are incorrect: Recently, the Centre for Marine Fisheries Research Institute (CMFRI) in Visakhapatnam is engaged in captive breeding and seed production of Groupers, John’s Snapper, and Indian Pompano.Option b is incorrect: Recently, Gujarat declared Ghol fish or the Blackspotted Croaker as the state fish of Gujarat. Ghol fish is commonly found in the Indo-Pacific region, ranging from the Persian Gulf to Indonesia and north to Japan. Your score isThe average score is 0% 0% Restart quiz