Daily Prelims MCQ

With reference to Alpha Returns, consider the following statements:

1. Alpha represents returns generated above the benchmark.
   2. More than 85% of active fund returns are attributed to benchmark index movements.
   3. Active funds charge fees only on alpha generated.

Which of the statements given above are correct?

With reference to the Great Indian Bustard (GIB), consider the following statements:

1. It is the State Bird of Rajasthan.
   2. It is regarded as a flagship species of grassland ecosystems.
   3. It is primarily threatened by power-line collisions.

Which of the statements given above are correct?

With reference to Arbitrage Funds, consider the following statements:

1. They seek to exploit price differences between futures contracts and underlying assets.
   2. They generally carry high credit risk because of derivative exposure.

Which of the statements given above is/are correct?

 With reference to Veblen Goods, consider the following statements:

1. They exhibit a positive price-demand relationship.
   2. They typically have high income elasticity.
   3. They derive their demand primarily because close substitutes are abundant.

Which of the statements given above are correct?

 With reference to the Waqf (Amendment) Act, 2025:

Statement 1: The removal of Section 40 under the Waqf (Amendment) Act, 2025 is considered a significant reform.

Statement 2: It prevents Waqf Boards from unilaterally declaring properties as Waqf.

Which one of the following is correct with respect to above statements