The Daily Current Affairs Quiz questions are based on various national and regional newspapers, including government news sources.
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Question 1 of 5
1. Question
Consider the following markets:
1. Government Bond Market
2. Call Money Market
3. Treasury Bill Market
4. Stock Market
How many of the above are included in capital markets?
Correct
(b) Only two statements are correct (1st and 3rd)
The money market is where short-term debt and lending takes place, usually for one year or less. The capital market is where long-term assets, such as stocks and bonds, are traded. The money market is less risky but also less rewarding than the capital market, which is more volatile but potentially more profitable.
Capital Market Instruments
1. Equities: Refers to buying a company’s equity stock and becoming a shareholder of that organization.
2. Debt securities: Financial assets that entitle the owner to continuous interest payments
3. Derivatives: The values of these financial instruments are determined by underlying assets like currency, bonds, stock, etc.
4. Exchange-traded funds: A pool of financial resources of many investors which are used to buy different capital market instruments
5. Foreign exchange instruments: mainly consists of currency agreements and derivatives and are represented on a foreign market.
Incorrect
(b) Only two statements are correct (1st and 3rd)
The money market is where short-term debt and lending takes place, usually for one year or less. The capital market is where long-term assets, such as stocks and bonds, are traded. The money market is less risky but also less rewarding than the capital market, which is more volatile but potentially more profitable.
Capital Market Instruments
1. Equities: Refers to buying a company’s equity stock and becoming a shareholder of that organization.
2. Debt securities: Financial assets that entitle the owner to continuous interest payments
3. Derivatives: The values of these financial instruments are determined by underlying assets like currency, bonds, stock, etc.
4. Exchange-traded funds: A pool of financial resources of many investors which are used to buy different capital market instruments
5. Foreign exchange instruments: mainly consists of currency agreements and derivatives and are represented on a foreign market.
Question 2 of 5
2. Question
With reference to the Capital Market in India, consider the following statements:
1. The primary market is where new securities are issued for the first time to raise capital.
2. The secondary market is where existing securities are traded among investors.
3. The capital market includes both equity securities and debt securities.
How many of the statements is/are correct?
Correct
(c) All three statements are correct
The primary market is indeed where new securities are issued for the first time to raise capital. The secondary market is where existing securities are traded among investors. The capital market includes both equity securities (like stocks) and debt securities (like bonds).
Incorrect
(c) All three statements are correct
The primary market is indeed where new securities are issued for the first time to raise capital. The secondary market is where existing securities are traded among investors. The capital market includes both equity securities (like stocks) and debt securities (like bonds).
Question 3 of 5
3. Question
With reference to the National Health Mission (NHM), consider the following statements:
1. NHM was launched by the government of India in 2013 subsuming the National Rural Health Mission and the National Urban Health Mission.
2. The schemes launched under NHM are available free of cost to all income groups visiting in Public Health Facilities at sub district and district level.
3. National Programme for Prevention and Control of Fluorosis (NPPCF) and National Iodine Deficiency Disorders Control Programme are part of the NHM.
How many of the statements is/are correct?
Correct
(c) All three statements are correct
Public Health is a State subject; hence, the responsibility of providing medical assistance to patients of all income group is of respective State/ UT Governments. However, National Health Mission (NHM) – a flagship programme of the Ministry with its two Sub-Missions, National Rural Health Mission (NRHM) and National Urban Health Mission (NUHM), supports States /UTs to strengthen their health care systems so as to provide universal access to equitable, affordable and quality health care services.
The schemes launched under NHM are available free of cost to all income groups visiting in Public Health Facilities at sub district and district level.
The following programmes/ schemes are run by government under National Health Mission:
National Iodine Deficiency Disorders Control Programme
MAA (Mothers’ Absolute Affection) Programme for Infant and Young Child Feeding
National Programme for Prevention and Control of Fluorosis (NPPCF)
National Iron Plus Initiative for Anaemia Control and etc.
Incorrect
(c) All three statements are correct
Public Health is a State subject; hence, the responsibility of providing medical assistance to patients of all income group is of respective State/ UT Governments. However, National Health Mission (NHM) – a flagship programme of the Ministry with its two Sub-Missions, National Rural Health Mission (NRHM) and National Urban Health Mission (NUHM), supports States /UTs to strengthen their health care systems so as to provide universal access to equitable, affordable and quality health care services.
The schemes launched under NHM are available free of cost to all income groups visiting in Public Health Facilities at sub district and district level.
The following programmes/ schemes are run by government under National Health Mission:
National Iodine Deficiency Disorders Control Programme
MAA (Mothers’ Absolute Affection) Programme for Infant and Young Child Feeding
National Programme for Prevention and Control of Fluorosis (NPPCF)
National Iron Plus Initiative for Anaemia Control and etc.
Question 4 of 5
4. Question
Consider the following pairs,
Type Democracy Definition
1. Direct Democracy 1.Pure democracy is a form of democracy in which the electorate decides on policy initiatives without elected representatives as proxies.
2. Representative democracy 2. Democracy is a theory that advocates for more citizen involvement in governance
3. Participatory democracy 3. Electoral democracy or indirect democracy is a type of democracy where representatives are elected by the public
4. Pluralist Democracy 4. The government makes decisions and enacts laws influenced by social groups with various ideas and perspectives.
Correct
(b) Only two pairs are correct (1st and 4th)
Direct democracy or pure democracy is a form of democracy in which the electorate decides on policy initiatives without elected representatives as proxies.
Representative democracy, electoral democracy or indirect democracy is a type of democracy where representatives are elected by the public. Nearly all modern Western-style democracies function as some type of representative democracy: for example, the United Kingdom, Germany, France, and the United States. (2nd pair is incorrect)
Participatory democracy, participant democracy, participative democracy, or semi-direct democracy is a form of government in which citizens participate individually and directly in political decisions and policies that affect their lives, rather than through elected representatives. (3rd pair is incorrect)
Pluralist Democracy: In a pluralist democracy, the government makes decisions and enacts laws influenced by social groups with various ideas and perspectives.
Incorrect
(b) Only two pairs are correct (1st and 4th)
Direct democracy or pure democracy is a form of democracy in which the electorate decides on policy initiatives without elected representatives as proxies.
Representative democracy, electoral democracy or indirect democracy is a type of democracy where representatives are elected by the public. Nearly all modern Western-style democracies function as some type of representative democracy: for example, the United Kingdom, Germany, France, and the United States. (2nd pair is incorrect)
Participatory democracy, participant democracy, participative democracy, or semi-direct democracy is a form of government in which citizens participate individually and directly in political decisions and policies that affect their lives, rather than through elected representatives. (3rd pair is incorrect)
Pluralist Democracy: In a pluralist democracy, the government makes decisions and enacts laws influenced by social groups with various ideas and perspectives.
Question 5 of 5
5. Question
Consider the following statements,
1. The BRI aims to enhance global trade and stimulate economic growth across Asia and beyond through infrastructure development.
2. China’s salami slicing strategy involves establishing a network of commercial and military bases in countries between the Chinese mainland and Port Sudan.
3. India’s Necklace of Diamonds strategy includes developing ports and naval bases in countries like Singapore, Indonesia, Oman, and Seychelles.
How many of the statements is/are correct?
Correct
(c) All three statements are correct
The Belt and Road Initiatives (BRI) aims to enhance global trade and stimulate economic growth through infrastructure development. The Necklace of Diamonds strategy is India’s counter to China’s String of Pearls strategy, focusing on expanding naval bases and improving relations with strategically placed countries. India’s Necklace of Diamonds strategy includes developing ports and naval bases in countries like Singapore, Indonesia, Oman, and Seychelles.
China’s strategy to create a network of military and commercial establishments in countries between the Chinese mainland and Port Sudan. Some Indian commentators consider this a manifestation of China’s salami slicing strategy.
Advocates of the term have cited examples such as the territorial disputes in the South China Sea and along the Sino-Indian border. China’s outposts in the disputed South China Sea are often cited as examples of a “salami slicing” tactic.
Incorrect
(c) All three statements are correct
The Belt and Road Initiatives (BRI) aims to enhance global trade and stimulate economic growth through infrastructure development. The Necklace of Diamonds strategy is India’s counter to China’s String of Pearls strategy, focusing on expanding naval bases and improving relations with strategically placed countries. India’s Necklace of Diamonds strategy includes developing ports and naval bases in countries like Singapore, Indonesia, Oman, and Seychelles.
China’s strategy to create a network of military and commercial establishments in countries between the Chinese mainland and Port Sudan. Some Indian commentators consider this a manifestation of China’s salami slicing strategy.
Advocates of the term have cited examples such as the territorial disputes in the South China Sea and along the Sino-Indian border. China’s outposts in the disputed South China Sea are often cited as examples of a “salami slicing” tactic.