1. How many of the following statements is/are correct?
1. Financialisation refers to the dominance of financial markets in shaping policy and macroeconomic outcomes.
2. Excessive financialisation can hurt the economy and the costs may be particularly high for a low-middle-income country like India.
3. Economic growth in such contexts becomes overly reliant on rising asset prices to offset leverage, exacerbating inequality and asset market considerations that may overly influence public policies, particularly regulatory ones.
4. The consequences of financialisation are evident in advanced economies, where it has led to unprecedented levels of public and private sector debt.
(a) One only (b) Two only (c) Three only (d) All four
2. How many of the following statements is/are correct?
1. TReDS is an electronic platform for online discounting of bills of MSMEs for supplies to large Corporates.
2. TReDS enables the MSMEs in securing financial assistance digitally at competitive terms and without any collateral security, based on the invoices / bills for supplies to large corporates.
3. The launch of TReDS aims to help the MSMEs realise their receivables in a time-bound manner at a relatively lower financing cost.
4. Three TReDS platforms are presently operational in India.
(a) One only (b) Two only (c) Three only (d) All four
3. As far as human time scales are concerned, the sun is an infinite and unlimited renewable energy source. Because solar power is energy from the sun converted for thermal or electrical energy—it is currently the cleanest and most abundant renewable energy source we currently have. In this context, how many of the following statements is/are correct?
1. The solar 3.0 is a fully dispatchable solar PV power plant that uses battery storage or another storage unit to enable time shifting, supplying more or less energy to the grid when needed.
2. It uses perovskites which use 10 to 1000 times less material than crystalline silicon cells, making them more efficient.
3. Silicon has been the standard because it’s the second most abundant material on Earth after oxygen.
(a) One only (b) Two only (c) Three only (d) None
4. What do you understand by the term Dunkelflauten ?
(a) The flat line between the open universe and the closed universe.
(b) A period of time when there is little to no wind or sunlight.
(c) A brewery run on renewables for ethanol production.
(d) An area where the water table goes below 500m.
ANSWERS
1 (d) 2. (d) 3. (c) 4. (b)
