9th February 2024 | [Quiz] Current | For Prelims 2024

Which of the following countries does NOT observe Daylight Saving Time?

Consider the following factors regarding the Earth's axial tilt:

The Earth's axis is tilted at an angle of approximately 23.5 degrees.

The changing seasons are a result of the Earth's axial tilt.

Which of the above statements is/are correct?

Consider the following statements about the money market:

1. The money market deals exclusively with long-term financial instruments like bonds and debentures.
2. Treasury Bills (T-Bills) issued by the government are considered risk-free because they are backed by the government's creditworthiness.
3. Commercial Papers (CPs) are secured promissory notes issued primarily by small and medium enterprises for their long-term funding needs.

How many of the above statements are correct?

Consider the following statements about the Wildlife Crime Control Bureau (WCCB):

Statement-I:

WCCB is a non-statutory body established by the Ministry of Environment and Forests.

Statement-II:

The primary mandate of WCCB includes the establishment of a centralized wildlife crime data bank.

Which one of the following is correct in respect of the above statements?

Consider the following statements about Tenor in financial contracts:

1. Tenor and maturity refer to the same concept in financial terminology, representing the total length of a financial contract.
2. The risk implications of tenor suggest that longer tenors are often perceived as riskier and thus may command higher compensation.
3. In the context of banking, tenor specifically refers to the duration for which a borrower is expected to repay a loan along with the interest.

How many of the above statements are correct?