Practice MCQs

Correct Answer : A
The government has revealed plans to redirect water from the Chenab River through tunnels to expedite the progress of the 850-MW Ratle Hydro Electric Project in Jammu & Kashmir. Situated in the Kishtwar District, this project is a run-of-river hydroelectric initiative on the Chenab River. Ratle Hydroelectric Power Corporation (RHPCL), a joint venture between Jammu & Kashmir State Power Development Corporation and National Hydroelectric Power Corporation, is responsible for its development. The project comprises a 133-meter-tall concrete gravity dam, a diversion dam, and an underground powerhouse.

Correct Answer : A
Microsoft, the technology giant, has achieved a market capitalization exceeding $3 trillion, becoming the second company to reach this milestone after Apple. Presently, Apple holds the position of the world's most valuable company.

Correct Answer : C
India has recently surpassed Hong Kong to become the world's fourth-largest equity market, boasting a total market value of $4.33 trillion, exceeding Hong Kong's $4.29 trillion. The leading global stock markets remain the U.S., China, and Japan. This achievement highlights India's increasing significance in the global financial landscape, driven by a strong GDP, political stability, foreign investments, and its emergence as an attractive alternative to China. In contrast, Hong Kong faces challenges such as COVID-19 restrictions, regulatory crackdowns, a property crisis, and geopolitical tensions, impacting its appeal to investors.