UPSC Prelims Full Length Test - 63

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1.
 Consider the following statements about Sovereign Gold Bond Scheme:
  1. The scheme helps to prevent country’s foreign exchange
  2. The bonds are tradable through stock exchanges 
  3. The gold bond can be used as collateral to avail a loan
  4. Capital gain tax will be exempted on redemption
 Which of the above statements are correct?
2.
Consider the following statements regarding External Commercial Borrowings (ECBs):
  1. They are governed under the Foreign Exchange Management Act (FEMA).
  2. They are considered part of the capital account transactions.
Which of the above statements is/are correct?
3.
Consider the following statements:
  1. All Angiosperms produce seeds.
  2. No Gymnosperm produces fruit.
Which of the above statements is/are correct?
4.
Both India and Pakistan are members of which of the following organisations?
  1. BIMSTEC
  2. SAARC
  3. Shanghai Cooperation Organisation (SCO)
Select the correct option from the codes given below:
5.
Which of the following Indian cities have been included in the UNESCO Creative Cities Network (UCCN)?
  1. Jaipur
  2. Varanasi
  3. Chennai
  4. Guwahati
Select the correct option from the codes given below: