1. With respect to the National Financial Reporting Authority (NFRA), which of the following statements is/are correct?
- It is a statutory body constituted under Section 132 of the Companies Act, 2013.
- It was established as an independent authority to regulate the auditing profession and accounting standards in India.
- It consists of a chairperson who will be appointed by the NITI Aayog and a maximum of 5 members.
Select the correct option from the codes given below:
[A] Only one
[B] Only two
[C] All three
[D] None
Show Answer
Correct Answer: B [Only two]
Notes:- It is a statutory body constituted under Section 132 of the Companies Act, 2013. Correct: National Financial Reporting Authority (NFRA) is a statutory body constituted under Section 132 of the Companies Act, 2013.
- It was established as an independent authority to regulate the auditing profession and accounting standards in India. Correct: It was established as an independent authority to regulate the auditing profession and accounting standards in India.
- It consists of a chairperson who will be appointed by the NITI Aayog and a maximum of 5 members. Incorrect: The Companies Act requires the NFRA to have a chairperson who will be appointed by the Central Government and a maximum of 15 members.
2. Consider the following:
- Measles
- Mumps
- Rabies
Which of the above is/are part of the MMR vaccine?
[A] Only 1 & 2
[B] Only 2
[C] 1, 2 & 3
[D] 1 & 3
Show Answer
Correct Answer: A [Only 1 & 2]
Notes:- Measles is a highly contagious viral infection characterized by fever, cough, and a distinctive rash, primarily spread through respiratory droplets.
- Mumps is another viral infection that can cause swelling of the salivary glands, fever, and muscle aches; it is also preventable through vaccination.
- Rubella, often known as German measles, is a mild viral infection that can cause rash and fever; however, it poses serious risks during pregnancy.
- The MMR vaccine is a combined vaccine that protects against measles, mumps, and rubella, typically administered in two doses during childhood for optimal immunity.
3. In the light of the historical significance of the Kalyana Chalukya inscriptions, consider the following statements:
- Primarily a Kannadiga dynasty, they were known after their capital city, Kalyani.
- The Bijjeswara temple is a notable example of Kalyana Chalukya architecture.
- Emperor Someswara-III was known for his contributions to literature and arts.
How many of the above statements are correct?
[A] Only one
[B] Only two
[C] All three
[D] None
Show Answer
Correct Answer: C [All three]
Notes:- Primarily a Kannadiga dynasty, they were known after their capital city, Kalyani: This is correct. Primarily a Kannadiga dynasty, they were known after their capital city, Kalyani. It is present in the modern-day Bidar district of Karnataka.
- The Bijjeswara temple is a notable example of Kalyana Chalukya architecture: This is correct. The temple showcases intricate carvings typical of Kalyana Chalukya style.
- Emperor Someswara-III was known for his contributions to literature and arts: This is correct. He patronized poets and scholars, enhancing the cultural landscape of his reign.
5. With reference to climate phenomena, consider the following statements:
- El Niño is characterized by the warming of ocean waters in the central and eastern Pacific.
- La Niña typically leads to increased rainfall in Southeast Asia and Australia.
- The Indian Ocean Dipole can influence monsoon patterns in India.
How many of the above statements are correct?
[A] Only one
[B] Only two
[C] All three
[D] None
Show Answer
Correct Answer: C [All three]
Notes:- El Niño is characterized by the warming of ocean waters in the central and eastern Pacific: This is correct. El Niño affects global weather patterns.
- La Niña typically leads to increased rainfall in Southeast Asia and Australia: This is correct. La Niña is often associated with wetter conditions in these regions.
- The Indian Ocean Dipole can influence monsoon patterns in India: This is correct. A positive IOD can enhance the Indian monsoon.
