Quiz Content

• Consider the following statements regarding the Balance of Payments (BoP):

  1. Remittances sent by Indians working abroad are recorded under the Current Account of the BoP.
  2. Foreign Direct Investment (FDI) is recorded under the Capital Account of the BoP.

  Which of the statements given above is/are correct?

  • 1 only
  • 2 only
  • Both 1 and 2
  • Neither 1 nor 2

• Guadeloupe, Martinique, and Mayotte are overseas territories of which one of the following countries?

  • Spain
  • France
  • Portugal
  • Netherlands

• Which of the following statements about Rare Earth Elements (REEs) and Critical Minerals is/are correct?

  1. Modern technological innovations including Artificial Intelligence, robotics and space exploration extensively utilise Rare Earth Elements (REEs).
  2. China has the highest share in mining of REEs followed by India.
  3. The Government of India launched the National Critical Mineral Mission (NCMM) in 2025 to establish a robust framework for self-reliance in the critical mineral sector.
  4. Rare Earth Elements are a set of 13 metallic elements.

  Select the answer using the code given below

  • 1 and 3 only
  • 3 only
  • 1, 3 and 4
  • 1, 2 and 4

• Mr. A, a District Supply Officer, discovers through an internal audit that a contractor supplying food grains to welfare schemes has repeatedly failed quality checks. However, the evidence is still under verification. His superior advises him to ignore the matter temporarily to avoid disruption in distribution. Mr. A wants to act ethically while ensuring due process.

  What should Mr. A do?

  1. Publicly accuse the contractor and suspend all supplies immediately.
  2. Recommend blacklisting the contractor before the verification process is completed.
  3. Report the matter to the competent vigilance/oversight authority and seek a formal inquiry.

  Select the answer using the code given below:

  • 1 and 3 only
  • 3 only
  • 1, 3 and 4
  • 1, 2 and 3

• With reference to Energy Storage Technologies, consider the following statements:

  1. Pumped Hydro Storage stores energy by pumping water from a lower reservoir to a higher reservoir using surplus electricity.
  2. Compressed-air energy storage systems generate electricity by releasing stored compressed air to drive turbines.
  3. Flywheel energy storage systems store energy in the form of rotational energy.

  Which of the statements given above are correct?

  • 1 and 2 only
  • 2 and 3 only
  • 1 and 3 only
  • 1, 2 and 3