Sarat Chandra IAS Academy

Sarat Chandra IAS 5th November Quiz

Welcome to your Sarat Chandra IAS 5th November Quiz

With reference to the Legal Entity Identifier (LEI) related to the economy, consider the following statements:

  1. It is a 20-digit number used to uniquely identify parties to financial transactions worldwide.
  2. In India, LEI can be obtained from Legal Entity Identifier India Ltd. (LEIL), which is also recognised as an issuer of LEI by the Reserve Bank of India.

Which of the statements given above is/are correct?

With reference to the Food Corporation of India (FCI), consider the following statements:

  1. FCI is the only agency which undertakes procurement of wheat and paddy.
  2. Coarse grains are procured by the state government agencies.
  3. It is a statutory body under the Ministry of Consumer Affairs.
Which of the statements given above is/are correct?

Consider the following statements:

  1. Black Hole is a region in space where the pulling force of gravity is so strong that neither matter nor light can escape.
  2. This phenomenon occurs when a star is dying.
Which of the statements given above is/are Not correct?

Consider the following pairs:

                   Reports                               —         Releasing Organisation

  1. Global Risk Report —  World Economic Forum (WEF)
  2. Global Financial Stability Report — World Bank(WB)
  3. World Economic Outlook — International Monetary Fund (IMF)

Which of the pairs given above are not correctly matched?

With reference to 'Warehouse receipts' in India, consider the following statements:

  1. These are negotiable instruments in India.
  2. They are utilized in Future markets.
  3. They are regulated by Warehousing Development and Regulatory Authority (WDRA).

Which of the statements given above is/are correct?

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