Prelims Power Play 18 August 2024

1. Consider the following statements:

Statement-I: Indian banking sector can face structural liquidity issues.

Statement-II: There has been a wide gap between higher borrowings and sluggish bank deposits

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

2. Consider the following regarding sun spots

Sunspots are areas where the magnetic field is about 2,500 times stronger than Earth’s, much higher than anywhere else on the Sun.
Sunspots tend to occur in pairs
Sunspots increase and decrease through an average cycle of 22 years.
Monitoring sunspots is important to understanding why and how flares occur

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

2 and 3 only

1, 2 and 3 only

1, 2 and 4

1, 2, 3 and 4

3. Which of the following Parliamentary Committees have only members from Lok Sabha

Public Accounts Committee

Estimates Committee

Public Undertakings Committee

None

4. The low-lying islands that are naturally formed by silt from rivers flowing into the Bay of Bengal are known as

Duars

Doons

Chars

Chos

5. Who is the competent authority to grant sanction for the prosecution of the Chief Minister of the state for the offences committed under the Prevention of Corruption Act, 1988.

Union Home Minister

PMO

Governor of the state

A chief minister cannot be prosecuted under the Prevention of Corruption Act, 1988