Current Affairs Quiz for UPSC IAS Exam - MAY 2017 (PART 1)

You got 5 of 10 possible points.
Your score: 50%
Question 1

With reference to India, consider the following statements:
1. The Wholesale Price Index (WPI) in India is available on a monthly basis only.
2. As compared to Consumer Price Index for Industrial Workers (CPIIW), the WPI gives less weight to food articles.
Which of the statements given above is/are correct?

Score: 0 of 1
Your answerChoiceCorrect?ScoreCorrect answer
(a) 1 only0
(b) 2 only0
Should have chosen
Selected
(c) Both 1 and 2
Incorrect
0
(d) Neither 1 nor 20
Question 2


Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?



 

Score: 1 of 1
Your answerChoiceCorrect?ScoreCorrect answer
(a) Rouble0
(b) Rand0
(c) Indian Rupee0
Selected
(d) Renminbi
Correct
1
Should have chosen
Question 3


Consider the following taxes: [2001]
1. Corporation tax
2. Customs duty
3. Wealth tax
4. Excise duty
Which of these is/are indirect taxes?


Score: 1 of 1
Your answerChoiceCorrect?ScoreCorrect answer
(a) 1 only 0
Selected
(b) 2 and 4 only
Correct
1
Should have chosen
(c) 1 and 3 only0
(d) 2 and 3 only0
Question 4


Disguised unemployment generally means..



 

Score: 0 of 1
Your answerChoiceCorrect?ScoreCorrect answer
Selected
(a) large number of people remain unemployed
Incorrect
0
(b) alternative employment is not available0
(c) marginal productivity of labour is zero0
Should have chosen
(d) productivity of workers is low0
Question 5


Which one of the following is a purpose of  ‘UDAY’,  a scheme of the Government?



 

Score: 1 of 1
Your answerChoiceCorrect?ScoreCorrect answer
a) Providing technical and financial assistance to start-up entrepreneurs in the field or renewable source of energy.0
b) Providing electricity to every household in the country by 20180
c) Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal power plants over a period of time0
Selected
d) Providing for financial turnaround and revival of power distribution companies
Correct
1
Should have chosen
Question 6


India’s ranking in the ‘Ease of Doing Business Index’ is sometimes seen in the news. Which o f the following has declared that ranking?



 

Score: 0 of 1
Your answerChoiceCorrect?ScoreCorrect answer
Selected
a) Organization for Economic Cooperation and Development (OECD)
Incorrect
0
b) World Economic Forum0
c) World Bank0
d) World Trade Organization (WTO)0
Should have chosen
Question 7


The establishment of “Payment Banks’ is being allowed in India to promote financial inclusion.
Which of the following statements is/are correct in this context?
1. Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks.
2. Payment Banks can issue both credit cards and debit cards.
3. Payment Banks cannot undertake lending activities.
Select the correct answer using the code given below:


Score: 0 of 1
Your answerChoiceCorrect?ScoreCorrect answer
Selected
(a) 1 and 2 only
Incorrect
0
(b) 1 and 3 only0
Should have chosen
(c) 2 only0
(d) 1, 2 and 30
Question 8


Consider the following statements regarding International Court Of Justice (ICJ):
1. It is the subsidiary organ of United Nation.
2. English and French are its official languages.
Correct statement(s) is/are:


Score: 0 of 1
Your answerChoiceCorrect?ScoreCorrect answer
Selected
a) 1 only
Incorrect
0
b) 2 only0
Should have chosen
c) Both 1 and 20
d) Neither 1 nor 20
Question 9


Which of the statements are correct regarding International Maritime Organisation?

1. The International Maritime Organization is the United Nations’ specialized agency with responsibility for the safety and security of shipping and the prevention of marine pollution by ships.

2. IMO in 1960 adopted the International Convention on Safety of Life at Sea (SOLAS) to improve the safety of shipping.


 

Score: 1 of 1
Your answerChoiceCorrect?ScoreCorrect answer
a) 1 Only0
b) 2 Only0
Selected
c) Both 1 and 2
Correct
1
Should have chosen
d) Neither 1 nor 20
Question 10


Consider the following statements:
1. The Group of Seven (G7) is an informal bloc of industrialized democracies — Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
2. It was originally a G-6 group later joined by Canada.
Which of the statements given above is/are correct?



 

Score: 1 of 1
Your answerChoiceCorrect?ScoreCorrect answer
a) 1 Only0
b) 2 Only0
Selected
c) Both 1 and 2
Correct
1
Should have chosen
d) Neither 1 nor 20
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