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534 followers study24x7 19 Feb 2021 01:55 PM study24x7 study24x7

With reference to the Drugs Prices Control Order (DPCO), consider the following statements: 1. It is an order issued under the Essential Commodities Act (ECA), 1955 that seeks to regulate the prices of pharmaceutical drugs. 2. The DPCO specifies the list of drugs that come under the price ceiling and the formula for calculating the ceiling price. Which of the above statements is/are correct?

A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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534 followers study24x7 19 Feb 2021 01:53 PM study24x7 study24x7

With reference to the Willful Default, which of the following statements is/are correct? 1. It occurs when firms take loans, divert the proceeds out of the firm for the personal benefit of owners, default on loans and declare bankruptcy 2. It refers to a classification for loans or advances that are in default or in arrears for more than 90 days. Select the correct answer using the codes given below:

A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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534 followers study24x7 19 Feb 2021 01:51 PM study24x7 study24x7

With reference to the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 which was promulgated recently, consider the following statements: 1. The Ordinance removes the threshold for certain classes of financial creditors, including allottees of real estate projects, for initiating the resolution process. 2. The Ordinance provides that the company will not be liable for any offence committed prior to the insolvency resolution process, if there is a change in the management or control of the company. 3. The Ordinance empowers the resolution professional to require suppliers to continue providing goods and services. Which of the above statements is/are correct?

A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2 and 3

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534 followers study24x7 19 Feb 2021 01:49 PM study24x7 study24x7

With reference to the Indian Pharmaceutical Industry, which of the following statements is/are correct? 1. India is the largest provider of generic medicines globally, occupying a 20% share in global supply by volume. 2. India ranks 3rd worldwide for the production of pharmaceuticals in terms of volume and supplies 50% of global demand for vaccines. 3. India allows 74% Foreign Direct Investment (FDI) under the automatic route for greenfield and brownfield pharma. Select the correct answer using the codes given below:

A

1 and 2 only

B

1 and 3 only

C

2 and 3 only

D

1, 2 and 3

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534 followers study24x7 19 Feb 2021 01:46 PM study24x7 study24x7

The term Country-by-Country (CbC) Reporting which appeared in news is recently is related to:

A

It is an action plan on Base Erosion and Profit Shifting (BEPS) proposed by the Organisation for Economic Cooperation and Development (OECD).

B

It is a proposed plan to regularly report countries respective targets of Nationally Determined Contributions (NDCs) under UNFCCC.

C

It is comprehensive framework for implementing anti-money laundering and counter-terrorist financing (AML/CFT) proposed by the Financial Action Task Force (FATF).

D

None of the above

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534 followers study24x7 18 Feb 2021 12:58 PM study24x7 study24x7

With reference to the Drugs Prices Control Order (DPCO), consider the following statements: 1. It is an order issued under the Essential Commodities Act (ECA), 1955 that seeks to regulate the prices of pharmaceutical drugs. 2. The DPCO specifies the list of drugs that come under the price ceiling and the formula for calculating the ceiling price. Which of the above statements is/are correct?

A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

study24x7
Write a comment
534 followers study24x7 18 Feb 2021 12:57 PM study24x7 study24x7

With reference to the Willful Default, which of the following statements is/are correct? 1. It occurs when firms take loans, divert the proceeds out of the firm for the personal benefit of owners, default on loans and declare bankruptcy. 2. It refers to a classification for loans or advances that are in default or in arrears for more than 90 days. Select the correct answer using the codes given below:

A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

study24x7
Write a comment
534 followers study24x7 18 Feb 2021 12:51 PM study24x7 study24x7

With reference to the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 which was promulgated recently, consider the following statements: 1. The Ordinance removes thethreshold for certain classes of financial creditors, including allottees of real estate projects, for initiating the resolution process. 2. The Ordinance provides that the company will not be liable for any offence committed prior to the insolvency resolution process, if there is a change in the management or control of the company. 3. The Ordinance empowers the resolution professional to require suppliers to continue providing goods and services. Which of the above statements is/are correct?

A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2 and 3

study24x7
Write a comment
534 followers study24x7 18 Feb 2021 12:47 PM study24x7 study24x7

With reference to the Indian Pharmaceutical Industry, which of the following statements is/are correct? 1. India is the largest provider of generic medicines globally, occupying a 20% share in global supply by volume. 2. India ranks 3rd worldwide for the production of pharmaceuticals in terms of volume and supplies 50% of global demand for vaccines. 3. India allows 74% Foreign Direct Investment (FDI) under the automatic route for greenfield and brownfield pharma. Select the correct answer using the codes given below:

A

1 and 2 only

B

1 and 3 only

C

2 and 3 only

D

1, 2 and 3

study24x7
Write a comment
534 followers study24x7 18 Feb 2021 12:46 PM study24x7 study24x7

The term Country-by-Country (CbC) Reporting which appeared in news is recently is related to:

A

It is an action plan on Base Erosion and Profit Shifting (BEPS) proposed by the Organisation for Economic Cooperation and Development (OECD).

B

It is a proposed plan to regularly report countries respective targets of Nationally Determined Contributions (NDCs) under UNFCCC.

C

it is comprehensive framework for implementing anti-money laundering and counter-terrorist financing (AML/CFT) proposed by the Financial Action Task Force (FATF).

D

None of the above

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534 followers study24x7 17 Feb 2021 01:21 PM study24x7 study24x7

Consider the following statements about the Capital adequacy ratio (CAR): 1. CAR is the ratio of capital to risk-weighted assets, and is considered to be a measure for banks’ ability to protect depositors. 2. Under Basel III norms, the CAR required is 8% but the RBI has set it at 9% for commercial banks and 12% for public sector banks. 3. The foreign banks setting up branches in Gujarat International Finance Tec-City (GIFT City) have to maintain less CAR as the domestic banks are required. Which of the above statements is/are correct?

A

1 only

B

1 and 2 only

C

1 and 3 only

D

1, 2 and 3

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534 followers study24x7 17 Feb 2021 01:16 PM study24x7 study24x7

With reference to the Fisheries Sector in India, consider the following statements: 1. India is the third largest producer of fish and second largest producer of inland fish. 2. Fish and fish product exports were the largest group in agricultural exports in 2018-19. 3. The Government recently merged all the schemes of fisheries Sector into an umbrella scheme of ‘Blue Revolution. Which of the above statements is/are correct?

A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2 and 3

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534 followers study24x7 17 Feb 2021 01:11 PM study24x7 study24x7

With reference to Bharat Bond Exchange Traded Fund (ETF), consider the following statements: 1. Bharat Bond ETF is India's first corporate bond exchange traded fund. 2. Bharat Bond ETF will invest in a portfolio of bonds of govt-run companies and other government entities. 3. The ETFs can only be bought through Mutual Funds Companies and are usually not available on stock exchanges for individual investors. Which of the above statements is/are correct?

A

1 and 2 only

B

1 and 3 only

C

2 and 3 only

D

1, 2 and 3

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534 followers study24x7 17 Feb 2021 01:09 PM study24x7 study24x7

The term 'Blue Chip Stocks' which often appears in the news refers to:

A

Stocks which are viewed as undervalued in the market, but investors see potential.

B

Stocks which are low-priced with high risk.

C

Stocks which are dependent on the health of the economy.

D

Stocks of very large and well-recognised companies with a long history of sound financial performance.

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534 followers study24x7 17 Feb 2021 01:06 PM study24x7 study24x7

With reference to the Essential Commodities Act (ECA), which of the following statements is/are Incorrect?

A

It was enacted to control the production, supply and distribution of, and trade and commerce in, certain goods considered as essential commodities.

B

The Act lay out Rules and Regulations and allows the central government to issue Control Orders in various states.

C

The Act also gives the power to fix price limits, and selling the particular commodities above the limit will attract penalties.

D

The Act also provides for action to confiscate the stock seized; to suspend/ cancel licences, if any and impose punishments like imprisonment.

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534 followers study24x7 16 Feb 2021 01:03 PM study24x7 study24x7

With reference to the Basel Norms, consider the following statements: (a) These are international regulatory accord that introduced a set of reforms designed to improve the regulation, supervision and risk management within the banking sector. (b) Basel Norms are published under the World Economic Outlook report of the International Monetary Fund (IMF). (c) The purpose of the accord is to ensure that financial institutions have enough capital on account to meet obligations and absorb unexpected losses. (d) India doesn’t follow the Basel norms as it has its own regulatory framework under the Banking Regulation Act, 1949. Which of the above statements is/are correct?

A

1 and 2 only

B

1 and 3 only

C

3 and 4 only

D

1 and 4 only

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534 followers study24x7 16 Feb 2021 01:00 PM study24x7 study24x7

With reference to the Additional Tier-1 bonds, which of the following statements is Incorrect?

A

These are a type of unsecured, perpetual bonds that banks issue to shore up their core capital base to meet the Basel-III norms.

B

These bonds carry a flexible maturity with options to prepone and postpone the period of maturity.

C

The attraction for investors is higher yield than secured bonds issued by the same entity.

D

The issuing bank has the option to call back the bonds or repay the principal after a specified period of time.

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534 followers study24x7 16 Feb 2021 12:57 PM study24x7 study24x7

Which of the following statements is/are correct about the North East Venture Fund (NEVF)? 1. It was Set up by North Eastern Development Finance Corporation Limited (NEDFi) in association with Ministry of Development of North Eastern Region (M- DoNER). 2. It is the first dedicated venture capital fund for the North Eastern Region. 3. It is a close ended fund with capital commitment of Rs 100 crore. Select the correct answer using the codes given below:

A

1 and 2 only

B

1 and 3 only

C

2 and 3 only

D

1, 2 and 3

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Syllabus for UPSC 2020 and Indian Forest Service (Prelims) Examination 2020 by CS(P) Examination 2020 and for UPSC 2020 calendar, get the upsc 2020 strategy and also receive an alert on upsc 2020 noti...
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