1: What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI?
1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances.
2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks.
Select the correct answer using the code given below.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
2: The term "sixth mass extinction/sixth extinction" is often mentioned in the news in the context of the discussion of
(a) Widespread monoculture practices in agriculture and large-scale commercial farming with indiscriminate use of chemicals in many parts of the world that may result in the loss of good native ecosystems.
(b) Fears of a possible collision of a meteorite with the Earth in the near future in the manner it happened 65 million years ago that caused the mass extinction of many species including those of dinosaurs. .
(c) Large scale cultivation of genetically modified crops in many parts of the world and promoting their cultivation in other parts of the world which may cause the disappearance of good native crop plants and the loss of food biodiversity.
(d) Mankind's over-exploitation/misuse of natural resources, fragmentation/loss of natural habitats, destruction of ecosystems, pollution and global climate change.
3: What is "Virtual Private Network" ?
(a) It is a computer network across a public internet that provides users access to their organization's network while maintaining the security of the information transmitted
(b) It is a private computer network of an organization where the remote users can transmit encrypted information through the server of the organization
(c) It is a computer network in which users can access a shared pool of computing resources through a service provider
(d) None of the statements (a), (b) and (c) given above is a correct description of Virtual Private Network
4: When a person moves from poles to the equator, the population of plants and animals will:
(a) Increase
(b) Decrease
(c) Remain unchanged
(d) Not show any consistent behaviour
5: The dispute regarding the election of President of India is to be referred to:
(a) Chief Election Commissioner
(b) Supreme Court
(c) Parliament
(d) Attorney-General