Quiz 2020: Prelims Power Play 26 October 2020

1. Arrange the following from north to south

1. Shaksgam valley
2. Siachen glacier
3. Galwan valley
4. Depsang plains
5. Pangong Tso

Select the correct answer using the code given below

2. India is likely to sign the last foundational agreement with the U.S., Basic Exchange and Cooperation Agreement for Geo-Spatial cooperation (BECA). In this context consider the following statement with respect to BECA

1. It is an economic network formed by the cooperative interconnection of computing networks related to e-commerce.
2. It is used more as a trading system in which buyers and sellers could establish a genuine market price.

Which of the following statement(s) is/are incorrect?

3. Consider the following statement with respect to Emergency Credit Line Guarantee Scheme (ECLGS) 

1. These are 100 per cent credit guarantee coverage, to the loans availed by the eligible MSMEs, in response to the unprecedented situation COVID-19.
2. Non-Performing Asset (NPA) accounts cannot raise funds under the scheme.
3. The Scheme is valid only for existing customers and not to the first time borrowers.

Which of the following statement(s) is/are correct?

4. With reference to the international trade of India at present, which of the following statements is/are correct?

1. India’s merchandise exports are less than its merchandise imports.
2. India’s imports of iron and steel, chemicals, fertilizers and machinery have decreased in recent years.
3. India’s exports of services are more than its imports of services
4. India suffers from an overall
5. trade/current account deficit

Select the correct answer using the code given below:

5. In India, why are some nuclear reactors kept under “IAEA Safeguards” while others are not?