Quiz 2021: Prelims Power Play 7 January 2022

This quiz contains 5 questions and each contains 1 points.

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1. In the context of recent IPO listings in India, which of the following are incorrect?

IPO is the selling of securities to the public in the secondary market

It is when an unlisted company makes either a fresh issue of securities or an offer for sale of its existing securities or both for the first time to the public.

Under the mechanism of ‘Offer for Sale’, a company sells securities block at an agreed price to brokers who, in turn, resell them to the investing public.

Qualified Institutional Placement (QIP) is a method of private placement whereby a listed company can issue shares or convertible securities to a select group of investors.

2. In the context of FCRA (Foreign Contribution Regulation Act) Act in India, please consider the following two statements below and mark the correct options:

The regulations of FCRA Act, 2010 are implemented through Ministry of Finance
Under the Act, organizations are required to register themselves every five years.
Under FCRA Act, the government is not bound to specify reasons for the suspension of the FCRA license

2 Only

2 and 3 Only

1 and 2 Only

3 Only

3. Which of the following is the most appropriate reason for more number of cyclones in Bay of Bengal than Arabian Sea?

High salinity of Arabian Sea in comparison to Bay of Bengal

High surface temperature of Arabian Sea in comparison to Bay of Bengal

High pressure over Bay of Bengal in comparison to Bay of Bengal

High surface temperature of Bay of Bengal in comparison to Arabian Sea

4. With reference to ‘Changpa’ community of India, consider the following statement:

They live mainly in the State of Uttarakhand.
They rear the Pashmina goats that yield fine wool.
They are kept in the category of Scheduled Tribes.

Which of the statements given above is/are correct?

1 only

2 and 3 only

3 only

1, 2 and 3

5. Which of the following is the only riverine MAJOR port in India?

Kandla port

Chennai Port

Mumbai Port

Kolkata Port