IASbaba's Daily Static Quiz
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DAILY STATIC QUIZ (PYQs)
It will cover PYQs all the topics of static subjects – Polity, History, Geography, Economics, Environment and Science and technology.
Daily 5 questions (Monday to Saturday) will be posted from static topics (PYQs)
The questions will be in the quiz format so you will be able to answer them directly on the portal.
Schedule
- Week 1 – Polity
- Week 2 – Economics
- Week 3 – History and Art & Culture
- Week 4 – Geography
- Week 5 – Environment and Science & Technology
Same cycle will be repeated from Week 6.
Make the best use of the initiative. All the best!
To Know More about Ace the Prelims (ATP) 2021 – CLICK HERE
Important Note:
- Don’t forget to post your marks in the comment section. Also, let us know if you enjoyed today’s test 🙂
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Question 1 of 5
1. Question
What does venture capital mean? (2014)
Correct
Solution (b)
Start up companies with a potential to grow need a certain amount of investment. Wealthy investors like to invest their capital in such businesses with a long-term growth perspective. This capital is known as venture capital and the investors are called venture capitalists.
Incorrect
Solution (b)
Start up companies with a potential to grow need a certain amount of investment. Wealthy investors like to invest their capital in such businesses with a long-term growth perspective. This capital is known as venture capital and the investors are called venture capitalists.
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Question 2 of 5
2. Question
The main objective of the 12th Five-Year Plan is (2014)
Correct
Solution (d)
Twelfth Five Year Plan (2012-2017) was launched with the objective of faster, sustainable and more inclusive growth. It aimed to increase the GDP at a faster pace such that each strata of the society is a part of and contributed to the growth and hence foster an environment of inclusive growth which is sustainable.
Incorrect
Solution (d)
Twelfth Five Year Plan (2012-2017) was launched with the objective of faster, sustainable and more inclusive growth. It aimed to increase the GDP at a faster pace such that each strata of the society is a part of and contributed to the growth and hence foster an environment of inclusive growth which is sustainable.
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Question 3 of 5
3. Question
The terms ‘Marginal Standing Facility Rate’ and ‘Net Demand and Time Liabilities’, sometimes appearing in news, are used in relation to (2014)
Correct
Solution (a)
Marginal standing facility (MSF) is a window for banks to borrow from the Reserve Bank of India in an emergency situation when inter-bank liquidity dries up completely.
Banks borrow from the central bank by pledging government securities at a rate higher than the repo rate under liquidity adjustment facility or LAF in short. The MSF rate is pegged 100 basis points or a percentage point above the repo rate. Under MSF, banks can borrow funds up to one percentage of their net demand and time liabilities (NDTL).
Incorrect
Solution (a)
Marginal standing facility (MSF) is a window for banks to borrow from the Reserve Bank of India in an emergency situation when inter-bank liquidity dries up completely.
Banks borrow from the central bank by pledging government securities at a rate higher than the repo rate under liquidity adjustment facility or LAF in short. The MSF rate is pegged 100 basis points or a percentage point above the repo rate. Under MSF, banks can borrow funds up to one percentage of their net demand and time liabilities (NDTL).
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Question 4 of 5
4. Question
Which of the following organizations brings out the publication known as ‘World Economic Outlook? (2014)
Correct
Solution (a)
Released by: ‘World Economic Outlook’ report is released by International Monetary Fund
Some of findings for the year 2020
- World Economic Outlook October 2020 report titled, “A Long and Difficult Ascent” was recently released.
- According to the report, Global output is projected to shrink 4.4% in 2020.
- After 2021, global growth is expected to be moderate at 3.5% in the medium term.
Incorrect
Solution (a)
Released by: ‘World Economic Outlook’ report is released by International Monetary Fund
Some of findings for the year 2020
- World Economic Outlook October 2020 report titled, “A Long and Difficult Ascent” was recently released.
- According to the report, Global output is projected to shrink 4.4% in 2020.
- After 2021, global growth is expected to be moderate at 3.5% in the medium term.
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Question 5 of 5
5. Question
If the interest rate is decreased in an economy, it will (2014)
Correct
Solution (c)
Decreased interest rates would ensure availability of capital for investment expenditure in the economy.
Incorrect
Solution (c)
Decreased interest rates would ensure availability of capital for investment expenditure in the economy.
