Prelims Power Play 1 February 2023

1. Economic Survey and Budget is prepared by?

2. Consider the following statements regarding economic survey.

1. It is mandatory for the government to present economic survey.
2. It has always been placed before budget.
3. India the only country that presents the annual Economic Survey
4. The first Economic Survey in India was presented after the 1991 economic crisis.

Which of the above statements is/are incorrect? Choose the correct code:

3. Consider the following statements related to PM CARES Fund.

1. It does not get any budgetary support.
2. The fund consists entirely of voluntary contributions from individuals/organizations
3. Prime Minister is the ex-officio Chairman of the PM CARES Fund

Which of the above statements is/are correct?

4. Consider the following statements with reference to Rare earth metals:

1. Rare Earth Metals are a set of 17 chemical elements in the periodic table.
2. India today controls nearly 90% of global rare earth production
3. These metals are called rare because of the rare availability.

Which of the above statements is/are correct?

5. Consider the following statements

1. When a company gives its existing shareholders the right to buy new shares at a fixed price generally lower than the current market price of a share is called the Follow-on Public Offer.
2. Once the company’s shares are listed on the exchange, after that, if the firm issues further additional shares in the market to the public is called Right Issue .

Which  of the above is/are correct?