Tag: social movements

Questions Related to social movements

Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?

  1. Basel Committee

  2. UN Charter on Commercial Laws

  3. International Board of Banks and Finance

  4. World Trade Organisation


Correct Option: A
Explanation:
The Basel Committee on Banking Supervision (BCBS) is a committee of banking supervisory authorities that was established by the central bank governors of the Group of Ten countries in 1974. It provides a forum for regular cooperation on banking supervisory matters.

Opening the savings bank account of a minor girl will be called as which of the following in banking terminology?

  1. Retail Banking

  2. Merchant Banking

  3. Institutional Banking

  4. Social Banking


Correct Option: A
Explanation:

Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking.

Hence saving the bank of a minor girl under the retail banking.

Land degradation is caused by _____.

  1. unsustainable extraction of fuel, wood and fodder

  2. shifting cultivation

  3. encroachment into forest lands

  4. all of the above


Correct Option: D
Explanation:
Some of the factors responsible for land degradation are (i) loss of vegetation occuring due to deforestation (ii) unsustainable fuel wood and fodder  extraction (iii) shifting cultivation (iv) encroachment into forest lands (v) forest fires and over grazing (vi) non-adoption of adequate soil conservation measures (vii) improper crop rotation (viii) indiscriminate use of agro-chemicals such as fertilisers and pesticides (ix) improper planning and management of irrigation systems (x) extraction of ground water in the competing uses of land for forestry, agriculture, pastures, human settlements and industries

CPCB  has identified _______ categories of industries (large and medium scale) as significantly polluting.

  1. 16

  2. 15

  3. 17

  4. 20


Correct Option: C
Explanation:

The Central Pollution Control Board enlisted 17 categories of highly polluting industries and grossly polluting industries discharging their effluents into the rivers and lakes.

What is an Indian Depository Receipt?

  1. A deposit account with a Public Sector Bank

  2. A depository account with any of the Depositories in India

  3. An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company

  4. An instrument in the form of deposit receipt issued by Indian depositories


Correct Option: C
Explanation:

An IDR is an instrument denominated in Indian Rupees in the form of a depositoryreceipt created by a Domestic Depository (custodian of securities registered with theSecurities and Exchange Board of India) against the underlying equity of issuingcompany to enable foreign companies to raise funds from the Indian securities Markets.

'Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines?

  1. Nil Accounting Variation

  2. Net Accounting Venture

  3. Net Asset Value

  4. New Asset Venture


Correct Option: C
Explanation:

Net asset value (NAV) represents a fund's per share market value. It is the price at which investors buy ("bid price") fund shares from a fund company and sell them ("redemption price") to a fund company

CPCB was set up in ___.

  1. 1975

  2. 1974

  3. 1965

  4. 1970


Correct Option: B
Explanation:

The Central Pollution Control Board (CPCB) of India is a statutory organisation under the Ministry of Environment, Forest and Climate Change (Mo. E.F.C). It was established in 1974 under the Water (Prevention and Control of pollution) Act, 1974.

Factors responsible for land degradation are _______________.

  1. improper planning and management of irrigation systems

  2. improper crop rotation

  3. indiscriminate use of agro-chemicals such as fertilisers and pesticides

  4. All of these


Correct Option: D
Explanation:
Land degradation is characterized as the transitory or changeless decrease in the gainful limit of the land, and the lessening of the beneficial potential, including its significant land utilizes, its cultivating frameworks, and its incentive as a financial asset.
Hence, option D is correct.

In order to address two major environmental concerns,  ______ and _______ pollution, the government set up the Central Pollution Control Board.

  1. air, land

  2. water, land

  3. air, water

  4. land, water


Correct Option: C
Explanation:

 It was established in 1974 under the Water (Prevention and Control of pollution) Act, 1974. The CPCB is also entrusted with the powers and functions under the Air Act, 1981 

In the pre-liberalization period, dominant position was given to Sector in India.

  1. Private

  2. Public

  3. Both (a) and (b)

  4. Neither (a) nor (b)


Correct Option: B