18. Recently, Pan-India Real Time Market in electricity was launched.

Which of the following statements are correct about the market ?
1. Real time market is an organized market platform enabling buyers and sellers to meet their energy requirement closer to real time operation.
2. The auctions will be held 50 times a day.
3. It became operational on two platforms : Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL).

 

Select the correct answer using the code given below :





Answer & Solution

Answer:

Only 1 and 3

19. National Commodity and Derivatives Exchange (NCDEX) announced the commencement of trading in the country’s first agriculture futures index called :





Answer & Solution

Answer:

AGRIDEX

20. Consider the following statements :
1. Ezulwini consensus calls for a more democratic security council with a permanent seat to Egypt, Turkey and South Africa.
2. During the recent India – AU Summit, Uniting for Consensus grouping (UfC) strongly supported India’s claim to a permanent seat in the UNSC.

 

Choose the correct statement(s) :





Answer & Solution

Answer:

Neither 1 nor 2

21. India recently announced a second phase of Cotton Technical Assistance Programme for African countries.
Choose the correct statements among the following :
1. The grouping of Mali, Benin, Burkina Faso and Chad is popularly called Cotton-4.
2. Cotton crop is best grown commercially in Red and Lateritic soils in India.
3. The Cotton Corporation of India Ltd. releases MSP for Fair Average Quality grade Kapas before the start of procurementseason.





Answer & Solution

Answer:

Only 1

22. The All India Trade Union Congress (AITUC), the first pan-India trade union recently completed 100 years.
Who among the following contributed to the formation of AITUC.
1. Lala Lajpat Rai
2. Bal Gangadhar Tilak
3. Joseph Baptista
4. N.M. Joshi
5. Diwan Chaman Lall


Choose the correct code :





Answer & Solution

Answer:

1, 2, 3, 4 and 5