Daily UPSC Prelims Current Affairs – February 22, 2023 [Mock Test]
March 9, 2023 March 9, 2023
1. With respect to Indian economy, consider the following statements:
- Online Bond Platform Providers would be companies incorporated in and outside India.
- OBPPs can offer both listed and unlisted debt securities.
Which of the statements given above is/are correct?
[A] Only 1
[B] Only 2
[C] Both 1 & 2
[D] Neither 1 nor 2
Show Answer
Correct Answer: D [Neither 1 nor 2]
Notes:- As per SEBI, an Online Bond Platform is an electronic system other than a recognised stock exchange or an electronic book providing a platform on which debt securities are listed or proposed to be listed are offered and transacted. The online bond platform provider means any person operating or providing such a platform.
- Online Bond Platform Providers (OBPPs) would be companies incorporated in India and they should register themselves as stockbrokers in the debt segment of the stock exchange.
- OBPPs cannot offer products or services on its platform except listed debt securities and debt securities proposed to be listed through a public offering.
- Further, the OBPPs would have to ensure compliance with the minimum disclosure requirements. It would also have to disclose on its platform all instances of conflict of interest, if any, arising from its transactions or dealings with related parties.
2. With respect to the ‘Agnibaan’, consider the following statements:
- It is a three-stage launch vehicle.
- It is capable of taking payloads of up to 1000 kgs to low earth orbit and up to 100 kgs to geosynchronous orbit.
- It uses a mixture of liquid kerosene and supercold liquid oxygen to propel itself.
Which of the statements given above is/are correct?
[A] Only 1
[B] Only 3
[C] Only 1 & 2
[D] 1, 2 & 3
Show Answer
Correct Answer: B [Only 3]
Notes:- Chennai-based space tech startup Agnikul Cosmos inaugurated India’s first private space vehicle launchpadat the Satish Dhawan Space Centre (SDSC) in Sriharikota.
- Agnibaan is a two-stage launch vehicle that is capable of taking payloads of up to 100 kilograms to a low-earth orbit around 700 kilometres from the surface of the Earth.
- It will be powered by the company’s 3D-printed Agnilet engines.
- Agnilet is the world’s first single-piece 3-D printed engine fully designed and manufactured in India and was successfully test-fired in early 2021, making Agnikul the first company in the country to test its engines at ISRO.
- The Agnilet rocket is a “semi-cryogenic” engine that uses a mixture of liquid kerosene and supercold liquid oxygen to propel itself.
- The engine is very complex and it functions at very high temperatures.
3. ‘Rhizophora racemosa’, ‘Rhizophora mangle’, and ‘Avicennia germinans’ pertain to which of the following?
[A] Saprophytic fungi on banana plant
[B] Saprophytic fungi on mango tree
[C] Mangrove species
[D] None of the above
Show Answer
Correct Answer: C [Mangrove species]
Notes:- The three most commonly found mangrove species are: Rhizophora racemosa , Rhizophora mangle , and Avicennia germinans.
