19th June 2024 | [Quiz] Current | For Prelims 2024

Consider the following statements regarding options trading:

1. Buying a call option provides the holder with the obligation to purchase the underlying asset at the strike price before the expiration date.
2. Options writing involves receiving the premium upfront but requires fulfilling the contract if exercised by the buyer.
3. The premium in options trading is the fee paid for acquiring the rights conveyed by the contract, not the price of the underlying asset.

How many of the above statements are correct?

Consider the following statements:

1. It originally included intelligence agencies from English-speaking countries, including the United States and the United Kingdom.
2. The primary initial focus was sharing signals intelligence (SIGINT) after its establishment.
3. The UKUSA Agreement of 1946 marked the beginning of this intelligence-sharing network.
4. Over time, the network’s focus has expanded to include counterterrorism and the monitoring of geopolitical shifts like the rise of China.

How many of the above statements are correct?

Consider the following statements about India's INS Vikrant:

1. INS Vikrant is primarily significant for enhancing India's land warfare capabilities.
2. It is equipped with the Short Take-Off but Arrested Recovery (STOBAR) system, enabling efficient aircraft operations.
3. The construction of INS Vikrant has showcased India's dependency on foreign suppliers for warship-grade steel.

How many of the above statements are correct?

Consider the following statements about Regulated Entities (REs):

1. REs refer to private companies that operate without any regulatory oversight.
2. They are typically found in sectors critical to the economy such as financial services and healthcare.

Which of the above statements are correct?

Consider the following statements about the scope and nature of Section 498A:

1. The section also covers women in live-in partnerships under its scope.
2. Section 498A was enacted to address the minor domestic disputes.
3. Offences under this section are non-bailable, meaning bail cannot be granted without the involvement of a magistrate.

Which of the above statements are correct?