23rd May, 2022
2
Created on By webmaster

23rd May, 2022

1 / 5

Which of the following statement(s) is/are correct about the ‘Genetic Engineering Appraisal Committee’?

 

1. It is responsible for appraisal of activities involving large scale use of hazardous microorganisms and recombinants in research and industrial production.

2. It was notified by the Union Ministry of Science and Technology under the Genetic Engineering Rules, 2000.

 

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2 / 5

Which of the following statement(s) is/are correct about the ‘Liberalised Remittance Scheme’?

 

1. The scheme was launched by the Department of Revenue (Ministry of Finance) in 2004.

2. According to the prevailing regulations, resident individuals of India may remit up to $250,000 per financial year.

3. Such remittances cannot include investment in shares, debt instruments and purchase of immovable properties.

 

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3 / 5

Which of the following statement(s) is/are correct?

 

1. Genome editing is a process through which desired changes in the genome using site directed nuclease or sequence specific nuclease can be made.

2. Recently, the central government has paved the way for complete genome editing in crops.

3. Genetically modified crops in India continue to be impermissible.

 

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4 / 5

‘Section 47’ of the RBI Act, 1934 has been in news recently. It relates to -

5 / 5

Which of the following statement(s) is/are correct?

1. Reserve Bank of India’s ‘Contingency Fund’ is meant to meet unexpected and unforeseen contingencies.

2. RBI’s Currency and Gold Revaluation Account takes care of currency risk, interest rate risk and movement in gold prices.

3. RBI’s IRA-FS and IRA-RS accounts record unrealised gains or losses on revaluation of foreign dated securities and rupee-dated securities, respectively.

 

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