[MISSION 2024] RTM(Revision through MCQs)- 27 January 2024

Ans: (c )

Explanation:

• A foreign direct investment (FDI) is an investment in the form of controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. Broadly, foreign direct investment includes “mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans”. FDI is the sum of equity capital, long-term capital, and short-term capital as shown in the balance of payments.
• FDI is largely a matter of commercial business decisions and FDI inflow depends on a host of factors such as availability of natural resource, market size, infrastructure, political and general investment climate as well as macro-economic stability and investment decision of foreign investors.
• Non-Resident external deposits are a ‘debt creating’ flow in balance of payments accounts and therefore, not part of Foreign Direct investments.
• Non-Resident External (NRE) account is a rupee denominated account opened by an NRI to facilitate deposit of foreign currency earnings.

Refer: https://www.insightsonindia.com/2024/01/27/foreign-portfolio-investors-fpis/

Ans: (c )

Explanation:

• Context: The Securities and Exchange Board of India (SEBI) has extended the deadline for Foreign Portfolio Investors (FPIs) to disclose granular details of entities holding ownership, economic interest, or control in the FPI.
• FPIs typically pursue investments with relatively shorter time horizons for quicker returns and capital mobility. They are more sensitive to market fluctuations compared to long-term investors seeking control.

Refer: https://www.insightsonindia.com/2024/01/27/foreign-portfolio-investors-fpis/

Ans: (d)

Explanation :

• Himalayan ibex are adapted to their rocky mountain habitat with features like:
  • Long, curved horns: Used for balance and fighting rivals.
  • Thick, brown fur: Provides insulation in the cold mountain temperatures.
  • Hooved feet: Provide traction on steep slopes and scree.
• Webbed feet are not a typical feature of mountain goats like the Himalayan ibex and would actually be a disadvantage in their rocky terrain. Webbed feet are better suited for aquatic environments, helping animals paddle and swim.

Refer: https://www.insightsonindia.com/2024/01/27/alpine-ibexes/

Ans: (c )

Explanation:

• Exercise Desert Knight: Conducted by: the Indian Air Force, along with the French Air and Space Force and UAE Air Force. Purpose: Conduct joint military exercises.

Refer: https://www.insightsonindia.com/2024/01/27/military-exercises-in-news-2/

Ans: (b)

Explanation:

• A transcriptome is the full range of messenger RNA, or mRNA, molecules expressed by an organism.
• The term “transcriptome” can also be used to describe the array of mRNA transcripts produced in a particular cell or tissue type.
• In contrast with the genome, which is characterized by its stability, the transcriptome actively changes.
• In fact, an organism’s transcriptome varies depending on many factors, including stage of development and environmental conditions.

Refer: UPSC CSE 2016

Ans: (b)

Explanation:

• Project Loon aims to help connect remote regions of the world to the internet via a network of balloons floating in the sky beaming internet.

Refer: UPSC CSE 2016

Ans: (d)

Explanation:

• Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid, if you generate more energy (from household solar rooftops) than you consume in home.

Refer: UPSC CSE 2016

Ans: (d)

Explanation:

• There were many different tribal groups in Medieval India. Some were hunter-gatherer nomads.
• One such type of nomadic group was that of the banjaras.
• They were the most important trader-nomads during the medieval period.
• Their caravan was called tanda. Sultan Alauddin Khaljls market regulation system could become successful pnmanly because of the fact that he relied heavily on the banjaras to transport grains to the city markets.

Refer: UPSC CSE 2016

Ans: (b)

Explanation:

• H

Refer: UPSC CSE 2016

Ans: (b)

Explanation:

• Statement 1: It tries both Civil and Criminal cases. So, 1 is wrong.
• Statement 2: We are quoting from the Gram Nyalayas Act, 2008
• “27. (1) For the purposes of section 26, the District Court shall, in consultation with the Appointment District Magistrate, prepare a panel consisting of the names of social workers at the village level having integrity for appointment as Conciliators who possess such qualifications and experience as may be prescribed by the High Court.”
• So, clearly 2 is correct.

Refer: UPSC CSE 2016