Prelims Power Play 31 January 2023

1. Consider the following

1. Money market is market for long term funds whereas capital market is market for short term fund
2. Money market is regulated by SEBI, whereas capital market by RBI.

How many of the above schemes are managed by?

2. With reference to Bar council of India, consider following statements:

1. BCI is a statutory body.
2. It comes under Ministry of Law and Justice
3. Attorney general of India and solicitor general are exofacial members.

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

3. The Intergovernmental Negotiations framework or IGN refers to

4. Consider the following statements regarding UNSC reform

1. It requires amendment to the UN Charter
2. UN Chater has never been amended since 1945.

Which of the above is/are correct?

5.  Consider the following regarding veto power of UNSC:

1. Every member of UNSC has a veto power.
2. The word “veto” is specifically used in UN Charter.

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