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Daily MCQ Quiz

1. With reference to Special Drawing Rights (SDRs) issued by IMF, consider the following statements:
  1. The SDR acts as either a currency or a claim on the IMF.
  2. Any currency to be used for SDR has to meet export criterion and freely usable criterion.
  3. SDRs cannot be held by private individuals or entities.
Which of the given statements are correct?
2. Consider the following statements regarding Maritime zones under UN Convention on Law of Seas (UNCLOS):
  1. Exclusive Economic Zone (EEZ) does not give a coastal state the right to prohibit or limit freedom of navigation or overflight.
  2. In the Contiguous Zone, Sates have rights over Ocean Surface, ocean floor, air and space rights.
Choose the correct statements:
3. Which of the following make a part of Aggregate Monetary Base?
  1. Currency held by the public
  2. currency held by commercial banks
  3. Forex Reserves with RBI
Choose from the given options below:
4. Consider the following statements :
  1. Most of the world?s coral reefs are in tropical waters.
  2. More than one?third of the world?s coral reefs are located in the territories of Australia, Indonesia and Philippines.
  3. Coral reefs host far more number of animal phyla than those hosted by tropical rainforests.
Which of the statements given above is/are correct ?
5. Rare Earth Minerals have been in news. Consider the following statements:
  1. India has abundance of easily retrievable rare Earth Minerals that makes it a net exporter.
  2. Monazite Sand is an important reservoir of Rare Earth Minerals found in India.
  3. Indian Rare Earths Ltd under the Department of Atomic Energy is the sole producer of rare earth compounds.
Choose the INCORRECT statement/s from the options given below:
6. Strait of Bab-el-Mandeb connects which two water bodies?
7. Which of the following work of Art has been contributed by the famous poet-saint Thiruvaluvar?
GS Paper 1 GS-1
GS Paper 1 GS-2
GS Paper 1 GS-3
GS Paper 1 GS-4
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