GK Quiz | 18 April 2020

1. Which of the following is true about Treasury Bill?

1. Treasury bills are money market instruments.
2. These can only be issued by the central government.

Select the correct answer from the codes given below:

1. 1 only
2. 2 only
3. Both A and B
4. None of the above

Ans. C

Explanation

Treasury bills are money market instruments used to raise money for a short term of up to 364 days. The bills are issued for a maturity period of 91 days, 182 days and 364 days. These bills are issued at a discount on the face value and are redeemed at face value. These bills are issued only by the central government and not by the state government.

Hence, the correct answer is C.

 

2. Which of the following is true about Mamallapuram?

1. The town was founded by Pallava king Narsimhavarman.
2. The shore temple complex present here has a statue of Shiva in Anantshayana form.
3. Pandava Rathas present here are the earliest known rock-cut caves in India.

Select the correct answer from the codes given below:

1. 1,2 and 3
2. 1 and 3 only
3. 1 and 2 only
4. 2 and 3 only

Ans. B

Explanation

Mamallapuram or Mahabalipuram is an ancient religious town founded by Pallava king Narsimhavarman in 7^th century AD. The site is located in UNESCO’s World Heritage list and consists of Pancha Rathas, rock-cut caves, open-air rock relief consisting of the descent of the Ganga and Arjuna’s penance. Shore temple complex consisting of two small temples and one large temple surrounded by a walled enclosure. The temple is dedicated to Lord Shiva with a sculpture of Ananatashayana Vishnu in one of the three temples of the enclosure. The Pandava rathas are 5 rock-cut temples, also known to be the earliest known rock-cut temples. The 5 rathas are Dharmaraja, Bhima, Arjuna, Nakul, Sahadeva and Draupadi Ratha.

Hence, the correct answer is B.

 

3. Which of the following is true about Humayun’s tomb?

1. It is the first-ever garden tomb in the Indian subcontinent.
2. It is made up of red and white sandstone, but no marble has been used.
3. It is located near the shrine of Sufi saint Hazrat Nizamuddin Auliya.
4. It is also known as the ‘Dormitory of the Mughals’.

Select the correct answer from the codes given below:

1. 1,2,3,4
2. 1,3 and 4
3. 1,2 and 4
4. 1,2 and 3

Ans. A

Explanation

Humayun’s tomb patronized by the Mughal Emperor Akbar was the 1^st garden tomb in char bagh style in the Indian subcontinent. The tomb is built in Indo- Persian style with white and red sandstone being used. Marble has also been used with double dome being used on the Chatteris and main tomb. The complex has the shrine of the Sufi- saint Hazrat Nizamuddin Auliya. The tomb complex has various cells consisting of the bodies of 150 members of the Mughal family, and thus, it is called the ‘Dormitory of the Mughals’.

Hence, the correct answer is A.

 

4. Which of the following is true about Commercial Papers?

1. Non – Banking Finance Companies can issue commercial papers.
2. They can be issued for raising short term money from the market.
3. CPs have a minimum maturity of 7 days.
4. Commercial Papers are unsecured instruments.

Select the correct answer from the codes given below:

1. 1,2,3 and 4
2. 2,3 and 4 only
3. 1,3 and 4 only
4. 2 and 3 only

Ans. A

Explanation

Commercial Papers are an unsecured short term instrument used to raise money for a minimum period of 7 days and a maximum period of 1 year. They are issued by high rated companies since they can be issued in the multiples of INR 5 Lakh or the multiples thereof.

Corporates, primary dealers (PDs) and the All-India Financial Institutions (FIs) can issue CP. Commercial Papers are regulated by RBI.

Hence, the correct answer is A.

 

5. Which of the following is true about the Vaikom Satyagraha?

1. It was a temple entry movement held in present Kerela in 1924.
2. The movement was lead by K. Kellapan, T.K Madhvan.
3. Gandhiji supported the movement.
4. Gandhiji opposed the participation of Muslims and Christians because he thought it would lead to protests by Hindu Mahasabha.

Select the correct answer from the codes given below:

1. 1,2,3 and 4
2. 1,2 and 3 only
3. 1,3 and 4 only
4. 1 and 3 only

Ans. B

Explanation

Vaikom Satyagraha was a temple entry movement held in 1924, which lead to the open up of Vaikom Mahadeva Temple and all the roads leading to the temple for the lower caste people. It was organized in the present Kerela and was lead by T K Madhavan, Velayudha Menon, K Neelakantan Namboothiri and T R Krishnaswami Iyer, who then organized ‘Keralaparyatanam’.

Gandhiji, Shree Narayan Guru, and Chatampi Swamikal supported the movement. Gandhiji, however, opposed the participation of Muslims and Christians in the movement as he felt that it should be an intra- Hindu affair.

Hence, the correct answer is B.