Glance Prelims MCQ’s – 11 Nov 2017

1. Which of the following statements are true regarding National Green Tribunal?

  1. It is India’s first dedicated environmental court
  2. It functions with an objective of deposing off the case within six months of filing

a. i only

b. ii only

c. both i and ii

d. neither i nor ii



The National Green Tribunal has issued a slew of directions to deal with the situation in Delhi, including banning construction and industrial activities and entry of trucks, while lambasting the Delhi government and civic bodies over the worsening air quality in Delhi and neighbouring states. The NGT also directed the authorities and the civic bodies to sprinkle water where PM 10 is found to be in excess of 600 micrograms per cubic metre.

2. Which among the following are the objectives of the FEMA?

  1. To consolidate and amend the law relating to foreign exchange
  2. Facilitating external trade and payments
  3. Promoting orderly development and maintenance of forex market in India

a.i only

b. ii only

c. iii only

d. i,ii and iii



The Reserve Bank of India (RBI) has simplified the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, by putting all the 93 amendments under one notification, a move that will significantly make it easier for foreign investors to invest in the country.

The new notification combines two regulations on foreign investments — one which is popularly called investment in an Indian company or a partnership, or in a limited liability partnership, or FEMA 20, and the other — FEMA 24, which is investment in a partnership firm. Another significant change is the introduction of a late submission fee that could allow an investor to regularise any contravention due to non-reporting, by paying the fee.

3. Which among the following financial institutions provide banking services without meeting the legal definition of a bank?

a. RRB

b. SCB


d. Community Banks

Ans- C


RBI has issued fresh directions on managing risks and code of conduct in outsourcing of financial services by NBFCs. These norms have to be complied with in the next two months. Non-banking financial companies (NBFCs) cannot outsource core management functions like internal audit, strategic and compliance functions for know your customer (KYC) norms, sanction of loans and management of investment portfolio.

  1. Which among the following multilateral exercise aims to strengthen military cooperation amongst participating nations?

a. Blue Star

b. Blue Diamond

c. Varuna

d. Blue Flag



Blue Flag is a bi-annual multilateral exercise which aims to strengthen military cooperation amongst participating nations. The exercise is designed to strengthen Israel’s military cooperation internationally. This is the first time India is participating in the drill, along with the US, France, Germany, Italy, Greece and Poland.

5. World’s largest rookery site of Olive Ridley turtles is

a. Coromandel coast

b. Nicaragua

c. Gahirmatha Beach

d. Pulicat Lake



Olive Ridley turtles have started arriving at Gahirmatha beach in Odisha’s Kendrapara district, known as world’s largest rookery of this endangered species.

6. Which among the following Nations are not included under Nordic-Baltic Countries?

a. Denmark

b. Estonia

c. Norway

d. Greenland



The Nordic-Baltic embassies will host the first ever youth film festival of the European nations in Delhi showcasing movies from the region. The Nordic-Baltic countries Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden or NB8 are tied together geographically and historically through trade, culture, and many common value systems.

7. Which of the following statements are true regarding Organic World Congress?

a. It is organised once every three years in a different country

b. The last edition took place in Djakarta in 2014

c. i only b. ii only c. both i and ii d. neither i nor ii



Union Agriculture and Farmers’ Welfare Minister, Shri Radha Mohan Singh will inaugurate the three-day Organic World Congress – 2017 being organized at India Expo Centre in Greater Noida. The Organic World Congress (OWC) is organized once every three years in a different country and this time it is being organised in India. The last edition of the Organic World Congress took place in Istanbul, Turkey, in 2014.

8. First Agriculture Hackathon is being orgnaised by

a. Andhra Pradesh

b. Karnataka

c. Kerala

d. Bihar



The Coastal city is all set to host the first ever agriculture hackathon being organized by Andhra Pradesh government. The three-day conclave will begin from November 15 where farmers, agriculture experts, and several stakeholders will participate in the deliberations. On this occasion, Chief Minister N. Chandrababu Naidu will inaugurate the international convention. On the other hand, Microsoft Corporation co-founder Bill Gates will attend the concluding session of the international summit co-hosted by Confederation of Indian Industry. Union Agriculture Minister Radha Mohan Singh will also present on the second day of the hackathon.

9. East Asia Summit includes which among the following countries?

  1. China
  2. Japan
  3. Republic of Korea
  4. USA
  5. Russia

a. i, ii and iii

b. ii, iii, iv and v

c. i, ii, iii, iv and v

d. i, ii and iv



Prime Minister Shri Narendra Modi will attend the 15th ASEAN-India Summit and the 12th East Asia Summit to be held in Manila, Philippines on 14 November 2017, at the invitation of H.E. Mr. Rodrigo Roa Duterte, President of the Republic of the Philippines. Apart from the 10 ASEAN Member states, East Asia Summit includes India, China, Japan, Republic of Korea, Australia, New Zealand, United States and Russia. India, being a founding member of the East Asia Summit, is committed to strengthening the East Asia Summit and making it more effective for dealing with contemporary challenges.

10. World’s top city for International Visits is

a. Delhi

b. Hong Kong

c. Hanoi

d. Moscow



Hong Kong remains the world’s most visited city by international travellers in spite of strained relations with neighbouring China. In a report on the top 100 city destinations that highlights the growth in Asian tourism market research firm Euromonitor International approved 25.7 million arrivals are expected in Hong Kong in 2017.

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