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Daily MCQ Quiz

1. With reference to Basel Norms, consider the following statements:
  1. The purpose of the norms is to ensure that financial institutions have enough capital on account to meet obligations.
  2. Basel III norms aim at making most banking activities such as their trading book activities more capital-intensive.
  3. Presently Indian banking system follows Basel III norms.
Which among the above statements is correct?
2. The term ?South-south? is often heard in the context of:
3. Tulbul navigation project' is associated with India and:
4. With respect to the Convention on Rights of Persons with Disabilities (UNCRPD) and India, identify the correct statements:
  1. India is a signatory of the Convention.
  2. India is yet to ratify the convention.
Choose the correct answer:
5. Consider the following statements about International Finance Corporation (IFC):
  1. It is a sister organization of the IMF.
  2. It is the largest global development institution focused exclusively on the private sector in developing countries.
  3. Its goals are to increase sustainable agriculture opportunities, improve healthcare and education.
Which of the above statements is correct?
6. Consider the following statements regarding Foreign Contribution Regulation Act (FCRA).
  1. The Foreign Contribution (Regulation) Act,2010 and rules framed under it regulate the receipt and usage of foreign contribution by non-governmental organisations in India.
  2. The intent of the Act is to prevent use of foreign contribution for any activity detrimental to the national interest.
  3. It is not applicable to NRIs and overseas branches of Indian companies.
  4. It is implemented by the Ministry of External Affairs.
Which of the above statements is correct?
7. Mission Reach Out, recently seen in news is associated with which state?

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