1. Consider the following statements about Infrastructure Investment Trust (InvIT):
- These are non-financial instruments that allow direct investments in infrastructure projects.
- These are not exempted under distribution tax and capital gains tax.
- The SEBI (Infrastructure Investment Trusts) Regulations of 2014 govern InvITs.
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:- Infrastructure Investment Trusts (InvITs) are financial instruments that allow direct investments in infrastructure projects.
- These InvIT bonds will be listed on BSE and NSE, providing an opportunity for investors to invest and trade.
- An Infrastructure Investment Trust (InvIT) is similar to a mutual fund in that it allows modest sums of money from potential individual/institutional investors to be invested directly in infrastructure and earn a percentage of the income as a return.
- InvITs also benefit from favourable tax treatment, such as exemption from dividend distribution tax and capital gains tax relaxation.
- The SEBI (Infrastructure Investment Trusts) Regulations of 2014 govern InvITs.
2. Consider the following statements:
- Oral Rehydration Solution was pioneered by Dr Dilip Mahalanabis.
- He was awarded the first Pollin Prize in Pediatric Research in 2002 and the Prince Mahidol Prize in 2006.
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: C [Both 1 & 2]
Notes:- Dr Dilip Mahalanabis pioneered Oral Rehydration Solution (ORS) treatment as a simple, effective remedy for dehydration, which the Lancet called “the most important medical discovery of the 20th century.’’
- In 1994, he was elected a foreign member of the Royal Swedish Academy of Sciences.
- In 2002, Dr. Mahalanabis was awarded the first Pollin Prize in Pediatric Research for their contributions to the discovery and implementation of oral rehydration therapy.
- In 2006, he was awarded the Prince Mahidol Prize, for his role in the development and application of oral rehydration therapy.
3. Which of the following are included in the Oral Rehydration Solution (ORS) formula as recommended by the World Health Organization (WHO)?
- Sodium chloride
- Anhydrous glucose
- Potassium chloride
- Trisodium citrate dihydrate
Select the correct answer using the codes given below:
[A] Only 1 & 2
[B] Only 1 & 3
[C] Only 1, 2 & 3
[D] 1, 2, 3 & 4
Show Answer
Correct Answer: D [1, 2, 3 & 4]
Notes:
The WHO-recommended Oral Rehydration Solution (ORS) contains sodium chloride, anhydrous glucose, potassium chloride, and trisodium citrate dihydrate. These components help replenish electrolytes and fluids lost during dehydration. This ORS formula is globally used for managing dehydration, especially due to diarrheal diseases. In India, July 29 is observed as ORS Day to promote awareness.
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