Daily Questions Challenge for IBPS Exams - 24 August 2017

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Ques- Consider the following statements

i) North America is surrounded by Atlantic Ocean in the East.
ii) It is surrounded by gulf of Mexico in the west
iii) Pacific ocean lies to its south

Which of the above are true?

a) i and ii
b) ii and ii
c) i only
d) ii only

Ques- Consider the following statements in the context of Directive principles of state policy.

1) Directive principle of state policy are contained in Part III of the Indian Constitution in Art. 37-51.
2) The idea of DPSP was borrowed from the constitution of Ireland.
3) Constitution of India declares that DPSPs are “fundamental in the governance of the country” (Art. 37).
4) Both the Legislature and the Executive should apply DPSPs while making and implementing policies in social & economic spheres.

Which of the statement given above is / are correct.

a) 1 only
b) 1, 2 & 4 only
c) 2, 3 & 4 only
d) All of the above

Ques- With reference to `IFC Masala Bonds’, sometimes seen in the news, which of the statements given below is/are correct?

1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank.
2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.

Select the correct answer using the code given below.

(a) 1 only
(h) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2