Prelims Power Play 29 January 2022

1. Consider the following statements regarding “World Gold Council”

1. World Gold Council is the specialized agency of united nation.
2. It aims to stimulate and sustain demand for gold in the global gold market.
3. It is headquartered at Switzerland.

Which of the statements given above is/are correct?  Select the correct answer using code given below:

2. Consider the following statements

1. The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI)
2. The WPI does not capture changes in the prices of services, which CPI does
3. The Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy rates

Which of the statements given above is/are correct?

3. Consider the following statements:

1. Wholesale price indices (WPI) are released by the Office of the Economic Advisor in the Ministry of Commerce and Industry.
2. Reserve Bank of India uses Wholesale Price Index for inflation targeting.

Which of the statements given above is/are correct?

4. With reference to a recent Oxfam Report on Carbon Neutrality Consider the following statements:

1. ‘Net zero’ schemes could force a rise in global food prices and cause more hunger.
2. Bhutan and Suriname are the only two countries that have achieved carbon neutrality.
3. India is opposed to the Net Zero Emission target.

Which of the above statements is/are correct?

5. Which of the following are correctly matched?

   Hydel power plant          –           River

1. Gandhi sagar                 –           Son
2. Nathpajhakri                 –           Satluj
3. Idukki                             –           Periyar

Select the correct answer using the code given below.