Prelims Power Play 5 April 2022

1. Consider the following statements regarding mRNA

1. mRNA is the molecule that carries the message contained within DNA to the ribosome.
2. Vaccines based on mRNA technology take advantage of normal biological processes of the body to create the desired therapeutic effect.

Which of the statements given above is/are correct?

2. Balance of Payments (BoP) of India may be affected by

1. Remittance received by the residents
2. Foreign investments received
3. Increasing exports
4. Demand for currency abroad

Which of the statements given above are correct?

3. Consider the following statements:

1. A decline in interest rates in a country is often accompanied with appreciation of domestic currency.
2. A high foreign exchange rate may increase the export of a country.
3. A trade surplus in an economy may help to appreciate its currency.

Which of the statements given above are correct?

4. With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?

1. Balance of trade
2. Foreign assets
3. Balance of invisibles
4. Special Drawing Right

Select the correct answer using the code given below.

5. Which of the following is correct regarding the Paris Agreement?

1. It is a legally binding international treaty on climate change
2. Every country is mandated to submit its Nationally Determined Contribution.
3. Nationally Determined Contribution has to be updated every year.

Which of the above statements is/are correct?