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Question 1 of 5
1. Question
2 points
Which of the following are components of the capital expenditure?
Acquiring fixed and intangible assets
Upgrading an existing asset
Expenses on payment of rent
Repayment of loan
Interest payment on past debt
How many of the above is/are part of capital expenditure?
Correct
Option (b) is correct.
Explanation:
The Supreme Court recently said that licence fees paid by telecommunication companies such as Bharti Airtel and Vodafone Idea after July 1999 would be treated as capital expenditure and not revenue expenditure.
Statement 1, 2 and 4 are correct: Capital expenditure is the money a corporate entity spends to buy, maintain or improve its fixed assets such as buildings, vehicles, equipment or land. It includes money spent on the following:
Acquiring fixed and intangible assets
Upgrading an existing asset
Repairing an existing asset
Repayment of loan
Statements 3 and 5 are not correct: Revenue expenditure implies administrative expenses such as rent, utilities, property taxes and business travel incurred to meet the operational costs of running a business.
Salaries of employees, interest payment on past debt, subsidies, pension, etc, fall under the category of revenue expenditure. It is recurring in nature.
Incorrect
Option (b) is correct.
Explanation:
The Supreme Court recently said that licence fees paid by telecommunication companies such as Bharti Airtel and Vodafone Idea after July 1999 would be treated as capital expenditure and not revenue expenditure.
Statement 1, 2 and 4 are correct: Capital expenditure is the money a corporate entity spends to buy, maintain or improve its fixed assets such as buildings, vehicles, equipment or land. It includes money spent on the following:
Acquiring fixed and intangible assets
Upgrading an existing asset
Repairing an existing asset
Repayment of loan
Statements 3 and 5 are not correct: Revenue expenditure implies administrative expenses such as rent, utilities, property taxes and business travel incurred to meet the operational costs of running a business.
Salaries of employees, interest payment on past debt, subsidies, pension, etc, fall under the category of revenue expenditure. It is recurring in nature.
Question 2 of 5
2. Question
2 points
Consider the following statements regarding Teesta river:
It originates from a glacial lake Khangchung Chho in Tibet.
It flows through Sikkim and West Bengal only.
River Rangeet is a tributary of river Teesta.
Which of the statement/s given above is/are correct?
Correct
Option (c) is correct
Explanation:
A cloudburst in Sikkim triggered a massive flash flood leading to the Teesta river flowing at the danger mark.
Statement 1 is not correct: The River Teesta originates from a glacial lake Khangchung Chho at an elevation of 5,280m in northeastern Sikkim.
Statement 2 is correct: It flows through the Indian States of Sikkim and West Bengal before entering Bangladesh, where it flows into the Brahmaputra.
Statement 3 is correct: The Rangeet River is a tributary of River Teesta, the largest river in Sikkim.
Rangeet (also known as the Great Rangeet) originates from a glacier of Mount Kabru at the lower Kanchenjunga region.
On its way down, river Ramman which originates from the Singalila region of Darjeeling district joins the Rangeet.
Incorrect
Option (c) is correct
Explanation:
A cloudburst in Sikkim triggered a massive flash flood leading to the Teesta river flowing at the danger mark.
Statement 1 is not correct: The River Teesta originates from a glacial lake Khangchung Chho at an elevation of 5,280m in northeastern Sikkim.
Statement 2 is correct: It flows through the Indian States of Sikkim and West Bengal before entering Bangladesh, where it flows into the Brahmaputra.
Statement 3 is correct: The Rangeet River is a tributary of River Teesta, the largest river in Sikkim.
Rangeet (also known as the Great Rangeet) originates from a glacier of Mount Kabru at the lower Kanchenjunga region.
On its way down, river Ramman which originates from the Singalila region of Darjeeling district joins the Rangeet.
Question 3 of 5
3. Question
2 points
The terms ‘jus in bello, jus ad bellum’, often seen in news are in context of:
Correct
Option (a) is correct.
Explanation:
WarfareLaws of war are in focus due to the ongoing Hamas-Israel Conflict.
The terms ‘jus in bello, jus ad bellum’, often seen in news, are in the context of warfare.
Laws of War:
International humanitarian law, or jus in bello, provides the rules to be followed during an armed conflict.
International humanitarian law(IHL) is contained in customary international law, the Geneva Conventions of 1949 and the Additional Protocols of 1977 to protect civilians in war
jus ad bellum: Under what conditions or when can countries use force in their international relations during war. It is regulated by the United Nations (UN) Charter.
Incorrect
Option (a) is correct.
Explanation:
WarfareLaws of war are in focus due to the ongoing Hamas-Israel Conflict.
The terms ‘jus in bello, jus ad bellum’, often seen in news, are in the context of warfare.
Laws of War:
International humanitarian law, or jus in bello, provides the rules to be followed during an armed conflict.
International humanitarian law(IHL) is contained in customary international law, the Geneva Conventions of 1949 and the Additional Protocols of 1977 to protect civilians in war
jus ad bellum: Under what conditions or when can countries use force in their international relations during war. It is regulated by the United Nations (UN) Charter.
Question 4 of 5
4. Question
2 points
Which of the following statements is/are correct about ‘Haiti’?
Haiti is located in the north-central Caribbean
It is positioned in the Northern and Western hemispheres of the Earth.
Select the correct answer using the code given below:
Correct
Option (c) is correct.
Explanation:
The United Nations Security Council (UNSC) has approved a foreign security mission, led by Kenya to Haiti.
Statement 1 is correct: Haiti is located in the north-central Caribbean; occupying the western third of the Island of Hispaniola in the Greater Antilles archipelago.
Statement 2 is correct:It is positioned in the Northern and Western hemispheres of the Earth.
Haiti lies to the east of Cuba and Jamaica and to the south of The Bahamas and the Turks and Caicos Islands.
The country is bordered to the east by the Dominican Republic; to the west and south by the Caribbean Sea; and to the north by the Atlantic Ocean.
Incorrect
Option (c) is correct.
Explanation:
The United Nations Security Council (UNSC) has approved a foreign security mission, led by Kenya to Haiti.
Statement 1 is correct: Haiti is located in the north-central Caribbean; occupying the western third of the Island of Hispaniola in the Greater Antilles archipelago.
Statement 2 is correct:It is positioned in the Northern and Western hemispheres of the Earth.
Haiti lies to the east of Cuba and Jamaica and to the south of The Bahamas and the Turks and Caicos Islands.
The country is bordered to the east by the Dominican Republic; to the west and south by the Caribbean Sea; and to the north by the Atlantic Ocean.
Question 5 of 5
5. Question
2 points
With reference to ‘Psyche Mission’,consider the following statements:
It aims to understand iron core of earth
It is launched by Roscosmos and ISRO.
Which of the statements given above is/are not correct?
Correct
Option (b) is correct
Explanation:
Statement 2 is not correct: Recently, Nasa launched a Psyche mission from Kennedy Space Center in Florida.
The Psyche asteroid was discovered by Italian astronomer Annibale de Gasparis in 1852, who named it after the goddess of the soul in ancient Greek mythology.
Statement 1 is Correct: The Psyche mission has main scientific objectives:
Understand a previously unexplored building block of planet formation: iron cores.
Look inside terrestrial planets, including Earth, by directly examining the interior of a differentiated body, which otherwise could not be seen.
Determine whether Psyche is a core, or if it is unmelted material.
As the composition of Psyche is very similar to earth’s own core, its study will also give an insight to earth’s violent history of collisions.
Incorrect
Option (b) is correct
Explanation:
Statement 2 is not correct: Recently, Nasa launched a Psyche mission from Kennedy Space Center in Florida.
The Psyche asteroid was discovered by Italian astronomer Annibale de Gasparis in 1852, who named it after the goddess of the soul in ancient Greek mythology.
Statement 1 is Correct: The Psyche mission has main scientific objectives:
Understand a previously unexplored building block of planet formation: iron cores.
Look inside terrestrial planets, including Earth, by directly examining the interior of a differentiated body, which otherwise could not be seen.
Determine whether Psyche is a core, or if it is unmelted material.
As the composition of Psyche is very similar to earth’s own core, its study will also give an insight to earth’s violent history of collisions.
Comprehensive coverage with a concise format Integration of PYQ within the booklet Designed as per recent trends of Prelims questions हिंदी में भी उपलब्ध
Quick Revise Now ! UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format Integration of PYQ within the booklet Designed as per recent trends of Prelims questions हिंदी में भी उपलब्ध
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