Prelims Power Play 4 February 2022

1. Indian Government Bond Yields are influenced by which of the following?

1. Actions of the United States Federal Reserve
2. Actions of the Reserve Bank of India
3. Inflation and short-term interest rates

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2. Which of the following can be intended benefits of Central Bank Digital Currency (CBDC)?

1. Financial inclusion
2. Lower costs for financial transactions
3. An alternate payments system
4. Instrument in the monetary policy arsenal of central banks
5. Adverse impacts on corruption and money laundering

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3. Consider the following regarding Central Bank Digital Currency (CBDC)

1. It is a fiat currency issued in the virtual/electronic form
2. No country in the world has issued CBDC yet.

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

4. Consider the following statements about the “International Space Station (ISS)”

1. It is a habitable artificial satellite
2. The station is divided into two sections one operated by the Russia and other by USA with other nations.
3. It is a large spacecraft that stays in Low Earth orbit for extended period of time.
4. It is a multinational collaborative project that also involves Indian and Chinese space agency.

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5. Reservation in India is not applicable in:

1. Promotion in Government Jobs for OBCs
2. Election to Lok Sabha
3. Promotion in Government Jobs for SCs and STs.
4. Elections to the Upper House
5. Election to local bodies.
6. Reservation based on economic criteria.

Select the correct answer using the codes given below.