Emergency Response Team (CERT-In), consider the following statements:
1. It is the nodal agency for responding to computer security incidents as and when they occur.
2. It is a functional organisation of the Ministry of Science and Technology, Government of India.
3. It provides services to organizations in the government and private sectors.
🕸️BPSC-WEB🕸️
1. It is the nodal agency for responding to computer security incidents as and when they occur.
2. It is a functional organisation of the Ministry of Science and Technology, Government of India.
3. It provides services to organizations in the government and private sectors.
🕸️BPSC-WEB🕸️
How many of the above statements are correct?
Anonymous Quiz
15%
Only one
31%
Only two
54%
All three
0%
None
With reference to the Insurance Regulatory and Development Authority of India (IRDAI), consider the following statements:
1. It is a statutory body formed for the overall supervision and development of the insurance sector in India.
2. It is responsible for registering and/or licensing insurance, reinsurance companies and intermediaries according to the regulations.
3. It sets the eligibility criteria, qualifications and capital requirements for obtaining licenses in the insurance business.
🕸️BPSC-WEB🕸️
1. It is a statutory body formed for the overall supervision and development of the insurance sector in India.
2. It is responsible for registering and/or licensing insurance, reinsurance companies and intermediaries according to the regulations.
3. It sets the eligibility criteria, qualifications and capital requirements for obtaining licenses in the insurance business.
🕸️BPSC-WEB🕸️
How many of the above statements are correct?
Anonymous Quiz
8%
Only one
8%
Only two
75%
All three
8%
None
Consider the following statements with reference to the RudraM-II missile:
1. It is an indigenously developed solid-propelled air-launched missile system.
2. It has a strike range of almost 3500-km. Which of the statements given above is/are correct?
1. It is an indigenously developed solid-propelled air-launched missile system.
2. It has a strike range of almost 3500-km. Which of the statements given above is/are correct?
Anonymous Quiz
27%
1 only
9%
2 only
64%
Both
0%
Neither
eMigrate Project:
1. It aims to assist students who are going abroad for study purposes.
2. The eMigrate portal is integrated to Common Service Centre to facilitate registration of applicants. Which of the statements given above is/are correct?
1. It aims to assist students who are going abroad for study purposes.
2. The eMigrate portal is integrated to Common Service Centre to facilitate registration of applicants. Which of the statements given above is/are correct?
Anonymous Quiz
0%
1 only
25%
2 only
75%
Both
0%
Neither
Microcephaly:
1. It is a rare neurological condition which is mainly found in infants.
2. It can be caused by maternal exposure to toxic chemicals. Which of the statements given above is/are correct? 🕸️BPSC_WEB🕸️
1. It is a rare neurological condition which is mainly found in infants.
2. It can be caused by maternal exposure to toxic chemicals. Which of the statements given above is/are correct? 🕸️BPSC_WEB🕸️
Anonymous Quiz
4%
1 only
17%
2 only
78%
Both
0%
Neither
PRAGATI- 2024, is an initiative recently launched by:
🕸️BPSC-WEB🕸️
🕸️BPSC-WEB🕸️
Anonymous Quiz
31%
NITI AYOG
24%
DRDO
19%
RBI
26%
Central council for research in Ayurvedic sciences
#bihar_hai_tayar
Bihar export promotion policy 2024
Increase the export potential of the state
Probable 70th BPSC
#🔤 🔤 🔤 🔤 🔤
Bihar export promotion policy 2024
Increase the export potential of the state
Probable 70th BPSC
#
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With reference to External Commercial Borrowings (ECBs), consider the following statements:
1. They refer to the borrowing of funds by Indian companies from foreign sources in the form of loans, bonds, or other financial instruments.
2. They can be obtained from a variety of sources, including foreign banks, international financial institutions and foreign subsidiaries of Indian companies.
3. They can be in the form of rupee-denominated loans, which are repaid in Indian rupees, or foreign currency-denominated loans, which are repaid in a foreign currency.
🕸️BPSC-WEB🕸️
1. They refer to the borrowing of funds by Indian companies from foreign sources in the form of loans, bonds, or other financial instruments.
2. They can be obtained from a variety of sources, including foreign banks, international financial institutions and foreign subsidiaries of Indian companies.
3. They can be in the form of rupee-denominated loans, which are repaid in Indian rupees, or foreign currency-denominated loans, which are repaid in a foreign currency.
🕸️BPSC-WEB🕸️
How many of the above given statements are correct?
Anonymous Quiz
0%
Only one
47%
Only two
53%
All three
0%
None
About External Commercial Borrowings (ECBs):
• ECBs refer to the borrowing of funds by Indian companies from foreign sources in the form of loans, bonds, or other financial instruments.
• Purpose: It can be used to finance a variety of purposes, including the expansion of business, the acquisition of assets, and the repayment of existing debt.
• Source of ECBs: ECBs can be obtained from a variety of sources, including foreign banks, international financial institutions and foreign subsidiaries of Indian companies.
• ECB can be in the form of rupee-denominated loans, which are repaid in Indian rupees, or foreign currency-denominated loans, which are repaid in a foreign currency.
• Regulation: ECB is subject to regulatory oversight by the RBI, which sets limits on the amount of ECB that Indian companies can obtain and the purposes for which it can be used.
• The ECBs fall under the umbrella of RBI regulations as postulated under the Master Direction - External Commercial Borrowings, Trade Credits, and Structured Obligations (Master Direction), and the Foreign Exchange Management Act, 1999 (FEMA).
• ECBs should adhere to criteria like minimum maturity period, maximum all-in-cost ceiling, permitted and non-permitted end-uses, etc.
• As of today, there are two paths to raise funds by employing ECBs: the approval route and the automatic route.
• There are a variety of eligibility regulations created by the government for availing of finance under the automatic route.
• These regulations are in relation to amounts, industry, the end-use of the funds, etc. Companies that desire to raise finance via ECB must necessarily meet these eligibility criteria; thereafter, funds can be raised without the need for approval.
• The approval route, on the other hand, mandates that companies which fall under certain pre-specified sectors must obtain the RBI's or the government's explicit permission, prior to raising funds through ECB.
• As per RBI guidelines, all entities except a Limited Liability Partnership are allowed to raise ECBs.
• Benefits:
• ECBs provide an opportunity to borrow large volumes of funds.
• The funds are available for a relatively long term.
• Interest rates are also lower compared to domestic funds.
• ECBs are in the form of foreign currencies. Hence, they enable the corporate to have foreign currency to meet the import of machineries etc.
• Risks:
• Exchange rate risk: Fluctuations in the value of the Indian rupee against foreign currencies can affect the cost of repaying the loan.
• Sovereign risk: The ability of a foreign government to repay its debt can affect the creditworthiness of foreign lenders.
• Credit risk: Foreign lenders may not have the same level of protection as domestic lenders in the event of default.
• Regulatory risk: Changes to government regulations or policies related to the ECB can affect the availability and cost of borrowing
• ECBs refer to the borrowing of funds by Indian companies from foreign sources in the form of loans, bonds, or other financial instruments.
• Purpose: It can be used to finance a variety of purposes, including the expansion of business, the acquisition of assets, and the repayment of existing debt.
• Source of ECBs: ECBs can be obtained from a variety of sources, including foreign banks, international financial institutions and foreign subsidiaries of Indian companies.
• ECB can be in the form of rupee-denominated loans, which are repaid in Indian rupees, or foreign currency-denominated loans, which are repaid in a foreign currency.
• Regulation: ECB is subject to regulatory oversight by the RBI, which sets limits on the amount of ECB that Indian companies can obtain and the purposes for which it can be used.
• The ECBs fall under the umbrella of RBI regulations as postulated under the Master Direction - External Commercial Borrowings, Trade Credits, and Structured Obligations (Master Direction), and the Foreign Exchange Management Act, 1999 (FEMA).
• ECBs should adhere to criteria like minimum maturity period, maximum all-in-cost ceiling, permitted and non-permitted end-uses, etc.
• As of today, there are two paths to raise funds by employing ECBs: the approval route and the automatic route.
• There are a variety of eligibility regulations created by the government for availing of finance under the automatic route.
• These regulations are in relation to amounts, industry, the end-use of the funds, etc. Companies that desire to raise finance via ECB must necessarily meet these eligibility criteria; thereafter, funds can be raised without the need for approval.
• The approval route, on the other hand, mandates that companies which fall under certain pre-specified sectors must obtain the RBI's or the government's explicit permission, prior to raising funds through ECB.
• As per RBI guidelines, all entities except a Limited Liability Partnership are allowed to raise ECBs.
• Benefits:
• ECBs provide an opportunity to borrow large volumes of funds.
• The funds are available for a relatively long term.
• Interest rates are also lower compared to domestic funds.
• ECBs are in the form of foreign currencies. Hence, they enable the corporate to have foreign currency to meet the import of machineries etc.
• Risks:
• Exchange rate risk: Fluctuations in the value of the Indian rupee against foreign currencies can affect the cost of repaying the loan.
• Sovereign risk: The ability of a foreign government to repay its debt can affect the creditworthiness of foreign lenders.
• Credit risk: Foreign lenders may not have the same level of protection as domestic lenders in the event of default.
• Regulatory risk: Changes to government regulations or policies related to the ECB can affect the availability and cost of borrowing