ele ted      s     23.5
          1. The agreement is part of the World           about P-Notes:
              Bank’s International Centre for              1. SEBI has classified three possible
              Settlement of Investment Disputes                Categories of P-Notes issuing FIIs in
              (ICSID).                                         the country.
          2. This promotes and protects the Indian         2. Category-I are the offshore government
              investors investing abroad.                      entities/institutions investing solely on
          3. Promoting and protecting foreign                  behalf of a country’s central bank.
              investment in India is one of its            3. Category-II are regulated entities as
              objectives.                                      Mutual Funds, supervised by their
          4. The      Agreement      functions     in          regulatory bodies in their countries of
              collaboration with the International             origin.
              Monetary Fund.                               4. Category-III entities neither fall in
         Select the correct statements using the code          Category-I or Category-II, which have
         given below:                                          been recently asked by the SEBI not
                                                               to issue P-Notes.
         (a) 1 and 2
         (b) 2 and 3                                      Select the correct statements using the code
         (c) 3 and 4                                      given below:
         (d) 1 and 4                                      (a) 1, 2 and 3
                                                          (b) 2, 3 and 4
     15. Consider the following statements about
                                                          (c) 1, 3 and 4
         NSEL which was recently in news.
                                                          (d) 1, 2 , 3 and 4
          1. This is an NSE (National Stock
              Exchange) promoted commodity ‘spot      17. Consider the statements about tenets of the
              trading’ platform.                          ‘three arrows’ of the Abenomics which was
          2. ‘NCDEX Spot’ and ‘R-Next’ are the            recently in news.
              other such platforms.                        1. A massive fiscal stimulus activated
          3. Commodity exchanges in India are                  by quantitative easing targeted at
              regulated by the Ministry of Consumer            increasing the rate of inflation.
              Affairs under the Forward Contract           2. Boost to investment in public works
              Regulation Act, 1989.                            and infrastructure to promote jobs and
          4. ‘Spot contracts’ has to be completed              R&D.
              within 11 days, as per the Act.              3. Structural reforms to boost country’s
                                                               global competitiveness.
         Select the incorrect statements using the
                                                           4. It follows ideas started by J. M. Keynes,
         code given below:
                                                               whose most famous contemporary
         (a) 1 and 2                                           admirer is the Nobel Economist Paul
         (b) 2 and 3                                           Krugman.
         (c) 2 and 4                                      Select the correct statements using the code
         (d) 1 and 3                                      below.
     16. Participatory Notes (P-Notes) were in news       (a) 1, 2 and 3
         recently. Consider the following statements      (b) 2, 3 and 4