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Daily Quiz
24 May 2023

Ques:1

With reference to Legal tender, consider the following statements

  1. Legal tender is a currency that is declared legal by the government of that particular nation, whereas fiat money doesn’t hold any intrinsic value.
  2. Cryptocurrencies are not recognized as Legal Tender in any part of the world.

Which of the above statements is/are correct?


Ques:2

With reference to Clean Money Policy, consider the following statements

  1. The Reserve Bank of India introduced the Clean Note Policy in 1988.
  2. Implementing this  Policy leads  to a slowdown in economic growth and might also cause inflation.

Which of the above statements is/are correct?


Ques:3

With reference to Ice-albedo feedback cycle of Antarctica, consider the following statements

  1. It refers to a positive feedback mechanism that amplifies the effects of global warming.
  2. Ice has  high albedo values than snow.

Which of the above statements is/are correct?


Ques:4

With reference to Forum for India Pacific Islands Cooperation (FIPIC), consider the following statements

  1. It commonly refers to the 14 countries scattered in the South-West Pacific Ocean.
  2. It was launched during the PM of India’s visit to Fiji in 2014.

Which of the above statements is/are correct


Ques:5

With reference to INS Sindhuratna, consider the following statements

1. It is a Sindhughosh-class diesel-electric submarine of the Indian Navy.

2. These submarines were designed and built under Make in India initiative.

Which of the above statements is/are correct?


Ques:6

Which of these is the regulatory body for the capital markets in India?


Ques:7

With reference to the Digital India Act, consider the following statements:

  1. It is a proposed law in 2023 to replace IT Act 2000.
  2. It has been proposed by the Ministry of Home Affairs (MHA).

Which of the statements given above is/are incorrect?


Ques:8

With reference to the Simlipal National Park, consider the following statements:

1. It lies in Odisha and part of UNESCO List of Biosphere Reserves.

2. It is a combination of three protected areas- Simlipal Tiger Reserve, Hadgarh Wildlife Sanctuary and Kuldiha Wildlife Sanctuary.

Which of the statements given above are correct?


Ques:9

Consider the following statements with respect to People’s Biodiversity Register:

  1. It is an initiative under National Biodiversity Authority under Biodiversity Act 2010.
  2. All states and UTs have implemented it.
  3. It is a record of biodiversity prepared with the help of local communities.

Select the incorrect answer using the code given below:


Ques:10

Which of the following terms is not related to a stock exchange?