Prelims Power Play 27 June 2023

1. Which of the following is issued by registered foreign portfolio investors to overseas investors who want to be part of the Indian stock market without registering themselves directly?

2. Consider the following

1. Cloudburst
2. Glacial Lake Out Burst
3. Dam failure
4. Heavy and Continuous rainfall

How many of the above are reasons for flash floods?

3. Consider the following statements

Statement 1:Flash floods are a common scene in desert landscapes after heavy rainfalls

Statement 2: In deserts soil is too dry and hardened to absorb the precipitation.

Which one of the following is correct with respect to the above statements:

4. Consider the following statements regarding ‘Global Environment Facility’

1. It was established on the eve of the 2015 Paris Agreement.
2. It is primarily target at climate change mitigation only.
3. World Bank administers the Global Environment Facility trust fund.

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

5. Consider the following regarding Paris Club recently in news

1. It is an informal group of creditor nations focussed on dealing with borrower nations that face difficulty in paying back their loans.
2. The Common Framework for debt treatment beyond the DSSI (Common Framework)is an initiative endorsed by the G20, together with the Paris Club.
3. Both India and China are member of Paris Club.

How many of the statements given above is/are correct?