576: Angora wool is obtained from a breed of
(a) Rabbit
(b) Sheep
(c) Goat
(d) Fox
577: Satellites used for telecommunication relay are kept in a geostationary orbit. A satellite is said to be in such an orbit when:
1. The orbit is geosynchronous.
2. The orbit is circular.
3. The orbit lies in the plane of the Earth's equator.
4. The orbit is at an altitude of 22,236 km.
Select the correct answer using the codes given below:
(a) 1, 2 and 3 only
(b) 1, 3 and 4 only
(c) 2 and 4 Only
(d) 1, 2, 3 and 4
Explanation:
A satellite in a geosynchronous orbit which follows a circular orbit over the equator. The satellite orbits at an elevation of approximately 35,790 km (22,236 miles) because that produces an orbital period (time for one orbit) equal to the period of rotation of the Earth (23 hrs, 56 mins, 4.09 secs). By orbiting at the same rate, in the same direction as Earth, the satellite appears stationary (synchronous with respect to the rotation of the Earth).
578: Consider the following statements in respect of the National Rural Employment Guarantee Act, 2005 :
1. Under the provisions of the Act, 100 days of employment in a year to every household whose adult members volunteer to do unskilled manual work has become a fundamental right.
2. Under the provisions of the Act, women are to get priority to the extent that one-half of persons who are given employment are women who have asked for work.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 and 2
Explanation:
Right to work is not a fundamental right. It is subjected to the conditions laid down in the NREG Act, 2005. Women will get priority and 1/3rd beneficiaries under the programme are to be women.
579: What was the purpose of Inter-Creditor Agreement signed by Indian banks and financial institutions recently?
(a) To lessen the Government of Indias perennial burden of fiscal deficit and current account deficit
(b) To support the infrastructure projects of Central and State Governments
(c) To act as independent regulator in case of applications for loans of RS 50 crore or more
(d) To aim at faster resolution of stressed assets of Rs 50 crore or more which are under consortium lending
Explanation:
The inter-creditor agreement is aimed at the resolution of loan accounts with a size of 50 crore and above that are under the control of a group of lenders. It is part of the "Sashakt" plan approved by the government to address the problem of resolving bad loans.The Intercreditor Agreement, a recommendation of the Sunil Mehta committee, aims to deal with bad loansas an attempt to speed up the Resolution of stressed Assets.
Source: https://www.thehindubusinessline.com/companies/announcements/others/indian-bank-inter-creditor-agreement-for-resolution-of-stressed-assets/article24809734.ece
https://www.thehindu.com/opinion/editorial/cosmetic-repair/article24506004.ece
580: Which one of the following types of borrowings from the IMF has the softest servicing conditions?
(a) Second tranche loan
(b) SAF
(c) ESAF
(d) Oil Facility