Prelims Power Play 18 July 2024

1. S&P, Fitch and Moody’s are

Names of global credit rating agencies

Names of top three riches billionaires

Names of top three fortune 500 companies

Name of top credit rating agencies in India.

2. Consider the following regarding credit rating.

Credit ratings map the probability of default
India has zero sovereign default history.
All three major global rating agencies — S&P, Fitch and Moody’s — have accorded the lowest investment grade rating to India.

Which of the below given statements are correct?

1 only

2 and 3 only

1 and 3 only

1, 2 and 3

3. Recently robot tax was in news. What is its’s main objective?

Increase automation

Tackle unemployment

Increase govt revenues

Protect domestic industry from foreign competition

4. Zero dose children recently in news refers to

children who did not receive their first dose of DTP

who did not receive their first dose of Polio

children who did not receive their first dose of Bacillus Calmette Guerin (BCG)

children who did not receive their first dose of COVID-19 vaccine.

5. Consider the following

Statement I: India share in global agricultural exports is only 2.4%.

Statement II: India has huge domestic demand and doesn’t produce sufficient agriculture commodity for exports.

Which one of the following is correct in respect of the above statements?

Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I

Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I

Statement-I is correct but Statement-II is incorrect

Statement-I is incorrect but Statement-II is correct