[Flash Cards] Current 11th April 2024 | For Prelims 2024

What contributes to the almost no tides in the Sea of Japan?

a) Its nearly complete enclosure from the Pacific Ocean or b) Its proximity to the equator

Predicate offenses are the underlying criminal activities that generate illicit funds laundered in money laundering activities. True or False?

What is the primary purpose of a demat account?

(a) Storing and managing money or (b) Holding and trading securities in electronic form

What do exchange-traded currency derivatives help companies hedge against?

(a) Inflation risk or (b) Currency risk

What is the central focus of the Washington Treaty?

(a) Economic development or (b) Collective defense