1. Which of the following countries follow ‘Daylight Saving Time’?
- Iran
- China
- Japan
- Argentina
- India
Select the correct answer using the codes given below:
[A] Only 3 & 4
[B] Only 1, 3, 4 & 5
[C] Only 1 & 4
[D] Only 2, 3 & 4
Show Answer
Correct Answer: C [Only 1 & 4]
Notes:
Iran and Argentina follow Daylight Saving Time (DST), advancing clocks one hour in summer. China, Japan, and India do not observe DST. Most European countries, the US, Iran, and Argentina practice DST, while countries near the equator—like India and much of Asia—do not due to consistent daylight hours throughout the year.
2. Which of the following tropical cyclones are associated with the Indian Ocean?
- Asani
- Gulab
- Jawad
- Yaas
Select the correct answer using the codes given below:
[A] Only 1 & 4
[B] Only 4
[C] Only 1, 2 & 4
[D] 1, 2, 3 & 4
Show Answer
Correct Answer: D [1, 2, 3 & 4]
Notes:
All listed cyclones—Asani, Gulab, Jawad, and Yaas—originated over the Bay of Bengal in the Indian Ocean and impacted eastern coastal states of India such as Andhra Pradesh, Odisha, and West Bengal. Their names were contributed by member countries of the World Meteorological Organization’s regional panel, and each affected the north Indian Ocean region.
3. With reference to Alternative Investment Funds (AIF) in India, consider the following statements:
- These are privately pooled investment funds.
- These include funds covered under the SEBI (Mutual Funds) Regulations, 1996.
- Hedge funds and PIPE funds are types of AIF.
Select the correct option using the codes below:
[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 1 & 3
[D] 1, 2 & 3
Show Answer
Correct Answer: C [Only 1 & 3]
Notes:
Alternative Investment Funds (AIFs) are privately pooled investment funds regulated by SEBI under the AIF Regulations, 2012. Hedge funds and PIPE funds are classified as Category III AIFs. AIFs do not include funds covered under SEBI (Mutual Funds) Regulations, 1996 or Collective Investment Schemes Regulations, 1999. Thus, statements 1 and 3 are correct.
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