IASbaba Daily Current Affairs Quiz [Day 39]

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Q.1) Consider the following statements about contingent convertible capital instruments (CoCos)

1. They are also known as Additional Tier 1 bonds
2. They are hybrid bonds that combines debt and equity elements

Which of the following statements is/are incorrect?

1. Only 1
2. Only 2
3. Both 1 and 2
4. Neither 1 nor 2

Q.2) Consider the following statements about ethanol blending

1. It is the practice of blending petrol with ethanol
2. It reduces vehicular emissions & import burden on account of crude petroleum
3. Ethanol blending first found mention in the National Policy on Bio-fuels, 2009

Which of the following statements is/are correct?

1. Only 1
2. 1 and 2
3. 2 and 3
4. All of the above

Q.3) In a country’s economy, the direct tax collection is 56% of the total tax collection 

What does this indicate?

1. Progressive tax system
2. Regressive tax system
3. Proportionate tax system
4. None of the above

Q.4) Right to Property in India is a

1. It is a legal right
2. It is a Fundamental right
3. It is a Constitutional right
4. Both (a) and (c)

Q.5) Gaza strip is frequently in news. It is

1. a landlocked region in Middle East
2. part of Egypt
3. a landlocked region in North Africa
4. None

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All the best

IASbaba