Daily UPSC Prelims Current Affairs – February 10, 2023 [Mock Test]

1. Consider the following terms:

  1. A sovereign wealth fund is a fixed income instrument that represents a loan made by an investor to a borrower.
  2. Bond is a state-owned investment fund composed of money generated by the government.

Which of the statements given above is/are correct?

[A] Only 1
[B] Only 2
[C] Both 1 & 2
[D] Neither 1 nor 2

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2. Which of the following statements with respect to the First Amendment Act is/are correct?

  1. Added four more grounds as reasonable restrictions in Article 19.
  2. It empowered the state to make special provisions for the advancement of socially and economically backward classes.
  3. Added Ninth Schedule to protect the land reforms and other laws included in it from the judicial review.

Choose the correct answer using the codes given below:

[A] Only 2
[B] Only 1 & 3
[C] Only 2 & 3
[D] 1, 2 & 3

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3. With respect to the Mahatma Gandhi National Rural Employment Guarantee Scheme, consider the following statements:

  1. It guarantees the right to work.
  2. It provides employment for skilled and unskilled labour.
  3. A job seeker has completed 18 years of age at the time of application.

Which of the statements given above is/are correct?

[A] Only 1
[B] Only 2 & 3
[C] Only 1 & 3
[D] 1, 2 & 3

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