Q1. The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) today with the Securities and Exchange Board of India (SEBI) regarding the implementation of IBC 2016.

Which of the following statements regarding the provisions of the MoUare true ?
1) It provides for joint efforts towards enhancing the level of awareness among financial creditors about the importance and necessity of swift insolvency resolution process of various types of borrowers in distress under the provisions of the Code.
2) It also makes way for sharing of information between the two parties, subject to the limitations imposed by the applicable laws.
3) The MoU provides for cross-training of staff in order to enhance each party's understanding of the other's mission for effective utilisation of collective resources.

a) 1 & 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all of the above

Q2. A bioindicator is a living organism that gives us an idea of the health of an ecosystem. Some organisms are very sensitive to pollution in their environment, so if pollutants are present, the organism may change its morphologyphysiology or behaviour, or it could even die.

Which of the following species of organisms/plants are one amongst them ?
1) Lichens
2) Trees (rings)
3) Honey bees
4) Worms
5) Pigeons

a) 1,2& 3 only
b) 3,4 & 5 only
c) 1,2 3 & 4 only
d) all of the above

Q3. Which of the following statements with respect to the FCRA (Foreign Contribution (Regulation) Act ) 2010 are true ?

1) A new provision has been introduced to the effect that no person who receives foreign contribution as per provisions of this Act, shall transfer to other person unless that person is also authorized to receive foreign contribution as per rules made by the Central Government
2) Any organisation of a political nature and any association or company engaged in the production and broadcast of audio or audio visual news or current affairs programme have been placed in the category prohibited to accept foreign contribution.
3) All organizations engaged in social sector implementation of government programmes have been exempted from the provisions of the act.]

a) 1 & 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all of the above

Q4. Consider the following statements with respect to the election commission’s model code of conduct (MCC) :

1) Model Code of Conduct as a unique and historic document which is followed by all political parties /entities from the date of declaration of schedule of elections till the election process is concluded.
2) During the silence period, star campaigners and other Political Leaders should refrain from addressing the media by way of press conferences and giving interviews on election matter.
3) The election commission having the powers of civil court can take punitive actions against social medias as well if they violate the model code of conduct prescribed by the commission.

Which of the above statements are true ?
a) 1 & 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all of the above

Q5. The International Civil Aviation Organization (ICAO) is a specialized agency of the United Nations. It codifies the principles and techniques of international air navigation and fosters the planning and development of international air transport to ensure safe and orderly growth.

Which of the following is the headquarters of the ICAO ?
a) New york,USA
b) Montreal,Canada
c) Brussels,Belgium
d) Geneva,Switzerland

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ANSWER:

1(d), 2(c), 3(a), 4(a), 5(b)