Daily MCQs – 3rd Nov 23
Q1. With reference to Social Stock Exchange (SSE), consider the following statements:
- It is a platform that allows social enterprises to raise funds from the public.
- Only social enterprises that are profitable can be listed on the SSE.
- Zero coupon zero principal instruments are a type of financial instrument used in SSE that combines debt and equity.
How many of the above statements are correct?
(a) Only one
(b) Only two
(c) All three
(d) None
Answer: (a)
Explanation:
Statement 1 is correct: Social Stock Exchange (SSE) is a platform that allows social enterprises to raise funds from the public. Social enterprises are businesses that have a social mission, such as providing affordable housing or education, or protecting the environment.
Statements 2 is incorrect: Social Stock Exchange (SSE) is designed to support social enterprises of all sizes and stages, including those that are not yet profitable. Its goal is to provide social enterprises with access to capital, regardless of their financial status.
Statements 3 is incorrect:Zero coupon zero principal instruments are debt instruments that do not pay interest and do not have a principal repayment. They are designed to be used by social enterprises that do not have a clear track record of generating profits.
Q2. With reference to the Digital Public Infrastructure (DPI) consider the following statements:
- India’s Digital public infrastructure (DPI) is known as India Stack.
- India Stack is owned and operated by the Government of India.
- Data Management constitutes one of the architectural layers incorporated within India Stack.
Which of the statements given above is/are correct?
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1 and 3 only
Answer: (d)
Explanation:
Statement 1 is correct:India’s Digital public infrastructure (DPI) is known as India Stack. It is a set of open-source digital platforms and APIs that enable the delivery of government services to citizens and businesses.
Statement 2 is incorrect: India Stack is not owned and operated by a single entity. Instead, it is a collaboration between the Government of India, private organizations, and individuals. The different components of India Stack are owned and operated by different organizations, depending on the specific platform or API.
Statement 3 is correct:The overall architecture of India Stack has three key layers – identity, payments, and data management.
Q3. With reference to the Aarogya Maitri Cube, consider the following statements:
- It is the world’s first disaster hospital that can be airlifted.
- It has been developed indigenously under the Project BHISHM.
- It is a mobile hospital that can provide comprehensive medical care to people in need.
Which of the statements given above are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
Answer: (a)
Explanation:
Statements 1 and 2 are correct: Aarogya Maitri Cube is the world’s first disaster hospital that can be airlifted. It has been developed indigenously under the Project BHISHM (Bharat Health Initiative for Sahyog Hita and Maitri). It has been developed as part of India’s ‘Aarogya Maitri’ initiative to provide essential medical supplies to friendly countries.
Statement 3 is incorrect: The Aarogya Maitri Cube is not a mobile hospital. It is a container that contains a variety of medical supplies such as an operation theater, a mini-ICU, ventilators, blood test equipment, an X-ray machine, etc., but it does not have the capacity to provide comprehensive medical care.
Q4. Consider the following statements:
- Seaweed is a plant that grows in aquatic environments, primarily in marine or saltwater habitats.
- Seaweed helps to remove pollutants from the water.
- Multi-Purpose Seaweed Park is a place where seaweed farmers can learn about seaweed cultivation techniques, get access to quality seaweed seeds, and sell their seaweed products.
How many of the above statements are correct?
(a) Only one
(b) Only two
(c) All three
(d) None
Answer: (b)
Explanation:
Statement 1 is incorrect: Seaweed is a large group of marine algae, typically multicellular, that can be found in all oceans. It is not a plant.
Statements 2 and 3 are correct: Seaweed is an important part of the marine ecosystem. It provides food and shelter for many marine animals, and it also helps to remove pollutants from the water. Multi-Purpose Seaweed Park is a place where seaweed farmers can learn about seaweed cultivation techniques, get access to quality seaweed seeds, and sell their seaweed products.
Q5. With reference to the Air Quality Life Index, consider the following statements:
- It is a pollution index that quantifies the relationship between long-term exposure to particulate pollution and life expectancy.
- It is released by the Energy Policy Institute at the University of Chicago (EPIC).
Select the correct answer from the codes given below:
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (c)
Explanation:
Statements 1 is correct:The Air Quality Life Index (AQLI) measures the potential gain in life expectancy that communities could see if they reduced air pollution to comply with the World Health Organization (WHO) guideline or National standards.The WHO’s recommended standard for what is considered safe exposure to annual particulate matter pollution is 10 micrograms per cubic meter (µg/m3).
Statements 2 is correct: It is released by the Energy Policy Institute at the University of Chicago (EPIC).
