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Published 18 April 2019
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Language English

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th 17 April
Which among the given statements is/are true in regard to the Speaker of Lok Sabha? 1. He is the guardian of powers and privileges of the members, the House as a whole and its committees. 2. He announces the government policies on the floor of the house. Select the appropriate code a) 1 only b) 2 only c) Both 1 and 2 d) Neither 1 nor 2
Ans a Speaker is the final interpreter of the provisions of the Constitution of India, the Rules of Procedure and Conduct of Business of Lok Sabha, and the parliamentary precedents, within the House. Speaker is also the guardian of powers and privileges of the members, the House as a whole and its committees. However, it is the Prime Minister or Chief Minister who announces the government policies on the floor of their respective house.
Coriolis causes wind to move towards its right in Northern and Southern Hemisphere. Which of the above statements are correct? a) 1 only b) 2 only c) Both 1 and 2 d) Neither 1 nor 2
Ans d Coriolis force: it is a deflecting force experienced due to rotation of earth. Because of coriolis the air appears to turn towards its right in the northern hemisphere and towards its left in the southern hemisphere. The coriolis always acts in the perpendicular direction of the motion of air. It is zero at the equator and increases towards the poles.
Consider the following statements about ‘India Energy Efficiency Scale-Up Program1. It will be implemented by the Energy Efficiency Services Limited (EESL) 2. It will be funded by the New Development Bank 3. It will help expand deployment of Unnat Jyoti by Affordable LEDs for All (UJALA) Select the correct code: a) 1 Only b) 1 and 2 c) 2 and 3 d) 1 and 3
Ans d India Energy Efficiency Scale-Up Program News: Government of India and the World Bank signed a \(220 million Loan Agreement and a \) 80 million Guarantee Agreement for the India Energy Efficiency Scale-Up Program. The $220 million loan, from the International Bank for Reconstruction and Development (IBRD) to EESL, has a 5-year grace period, and a maturity of 19 years. · The $80 million IBRD guarantee will partially cover re-payment risks to commercial lenders or investors, to enable EESL to raise funds for its program.
It will be implemented by the Energy Efficiency Services Limited (EESL) It will help scale-up the deployment of energy saving measures in residential and public sectors, strengthen EESL’s institutional capacity, and enhance its access to commercial financing. It will help to increase private sector participation in energy efficiency, including through private sector energy service companies. help EESL expand UJALA’s It will ceilingdeployment of efficient fans, LED street lights and LED tube lights, along with its already-successful LED bulbs procurement and distribution
Consider the following statements about Peer-to-peer lending (P2P) platforms 1. They are treated as non-banking financial companies (NBFCs) 2. They are regulated by the Reserve Bank of India (RBI) 3. They act as intermediaries between borrower, lender, and partner bank Select the correct statements (a) 1 and 2 (b) 1 and 3 (c) 2 and 3 (d) All of the above
Ans D P2P lending is a crowd-funding model (largely online) where people looking to invest their money with people who want to borrow can do so. The concept is centred around savers getting higher interest by lending their money instead of saving and borrowers get comparatively lower interest rates. Borrowers are either individuals or small businesses. But unlike a traditional savings account, one can lose money if the borrower defaults. Peer-to-peer lending (P2P) platforms would be treated as non-banking financial companies (NBFCs) and regulated by the Reserve Bank of India (RBI) P2P platforms leverage metrics such as credit scores and social media activity to link borrowers and lenders at favourable interest rates. At present, such platforms have very low regulatory restrictions because they merely act as intermediaries between borrower, lender, and partner bank.