Q. 56. Coral reefs destruction is a major concern in the backdrop of Climate Change. Consider the statements regarding the coral reefs.

I. Coral reefs are example of a symbiotic relation between coral polyps and photosynthetic algae.

II. Coral reefs are confined to deep waters.

III. Coral reefs are marine equivalent of tropical rain forest.

Which of the statement/s is/are true?

(A) I, II only.

(B) II, III only.

(C) I, III only.

(D) All the above.

Answer:

Explanation:

Q. 57. Consider the following statement about union Budget 2017-18:

I. The railway budget was merged with union budget.

II. Plan and Non plan classification was abolished

III. Budget presentation was advanced to 1st February.

IV. Budget of the union territories was separated from union budget.

Choose the correct option;

(A) I and III only

(B) II and IV only

(C) I, II and III only

(D) II, III and IV only

Answer:

Explanation:

Q. 58. The Government has recently set up Monetary Policy Committee (MPC). Consider the following statements in this regard:

I. Both RBI and Government are equally represented on the committee.

II. MPC will be entrusted with the task of fixing the benchmark policy interest rate.

III. This will be unique practice adopted by India.

Choose the correct option:

(A) I and II

(B) II only

(C) I only

(D) I, II and III

Answer:

Explanation:

Q. 59. Consider the following statements about Public Debt Management Cell:

I. It will streamline government borrowings and better cash management with the overall objective of deepening bond markets.

II. It will separate debt management functions from RBI with immediate effect.

Choose the correct option:

(A) I only

(B) II only

(C) Both I and II

(D) None

Answer:

Explanation:

Q. 60. Match the following:

Naval Ships — Class

I) INS Vikramaditya — a) stealth guided missile destroyer

II) INS Aridhaman — b) scorpene class submarine

III) INS Chennai — c) aircraft carrier

IV) INS Kalvari — d) nuclear powered submarine

Choose the correct option:

(A) I-d, II-b, III-c, IV-a

(B) I-b, II-d, III-a, IV-c

(C) I-b, II-d, III-c, IV-a

(D) I-c, II-d, III-a, IV-b

Answer:

Explanation:

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