UPSC Prelims Practice Questions — Coin used in T20 World Cup final auctioned for ₹26 lakh

Question 1

In the Pundole's timed auction of official ICC T20 World Cup final memorabilia, how many distinct match-related artefacts were sold as separately hammered lots (the toss coin, the match ball and the official scoresheet)?

Accepted Answer

Three

Answer

Two

Answer

Four

Answer

Five

Question 2

Under the Antiquities and Art Treasures Act, 1972, an Indian auction house or dealer trading in registered antiquities must obtain its licence from which one of the following?

Accepted Answer

Ministry of Culture

Answer

Ministry of Commerce and Industry

Answer

Ministry of Finance

Answer

Ministry of Home Affairs

Question 3

By how many runs did India defeat South Africa in the ICC Men's T20 World Cup 2024 final at Bridgetown, Barbados?

Accepted Answer

7 runs

Answer

5 runs

Answer

8 runs

Answer

15 runs

Question 4

Consider the following as examples commonly cited of 'alternative asset classes'. Which one of the following is NOT correctly identified as an alternative asset?

Accepted Answer

4 only

Answer

1 only

Answer

1 and 2

Answer

3 and 4

Question 5

Among the official ICC T20 World Cup final memorabilia sold in the Pundole's timed auction, which single lot fetched the highest (flagship) hammer price?

Accepted Answer

The toss coin

Answer

The match ball

Answer

The official scoresheet

Answer

A player's match jersey

Question 6

In the context of authenticating and commercialising match-used sports memorabilia, the term 'provenance' most precisely refers to which one of the following?

Accepted Answer

The documented chronology of ownership and custody that establishes an artefact's authenticity and origin

Answer

The reserve or minimum price below which the seller will not sell the lot

Answer

The buyer's premium or commission charged by the auction house

Answer

The legal document transferring title to the highest bidder after the sale

Question 7

In a timed auction of the kind used by Pundole's, how many live auctioneers conduct the bidding in real time before the deadline at which the highest bid wins?

Accepted Answer

Zero

Answer

One

Answer

Two

Answer

Three

UPSC Prelims Practice Questions — Coin used in T20 World Cup final auctioned for ₹26 lakh

Q1. In the Pundole's timed auction of official ICC T20 World Cup final memorabilia, how many distinct match-related artefacts were sold as separately hammered lots (the toss coin, the match ball and the official scoresheet)?

Q2. Under the Antiquities and Art Treasures Act, 1972, an Indian auction house or dealer trading in registered antiquities must obtain its licence from which one of the following?

Q3. By how many runs did India defeat South Africa in the ICC Men's T20 World Cup 2024 final at Bridgetown, Barbados?

Q4. Consider the following as examples commonly cited of 'alternative asset classes'. Which one of the following is NOT correctly identified as an alternative asset?

Q5. Among the official ICC T20 World Cup final memorabilia sold in the Pundole's timed auction, which single lot fetched the highest (flagship) hammer price?

Q6. In the context of authenticating and commercialising match-used sports memorabilia, the term 'provenance' most precisely refers to which one of the following?

Q7. In a timed auction of the kind used by Pundole's, how many live auctioneers conduct the bidding in real time before the deadline at which the highest bid wins?