Quiz Content

• Consider the following statements regarding Credit Default Swap:

  1. It is a financial derivative that allows an investor to hedge against the risk of default on a debt instrument.
  2. In a CDS contract, the buyer receives periodic payments and agrees to compensate the seller in case of default.
  3. CDS spreads are often used as an indicator of the perceived credit risk of a borrower.

  Which of the statements given above is/are correct?

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

• The Nakki Lake, seen in the news recently, is located in

  • Gujarat
  • Karnataka
  • Madhya Pradesh
  • Rajasthan

• Consider the following statements regarding the Production Linked Incentive Scheme for Food Processing Industry:

  1. It aims to support the creation of global food manufacturing champions and promote Indian food brands abroad.
  2. It is implemented by the Ministry of Food Processing Industries.
  3. The scheme provides incentives based on employment generation alone, irrespective of incremental sales.

  Which of the statements given above is/are correct?

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

• Excoecaria agallocha, Avicennia officinalis and Heritiera fomes, seen in the news recently, are –

  • Species of mangrove plants
  • Coral reef-forming organisms
  • Freshwater invasive fish species
  • Medicinal alpine herbs

• The Arjunsar region, seen in the news recently, is located in:

  • Gujarat
  • Rajasthan
  • Madhya Pradesh
  • Haryana