Current Affairs MCQs Quiz for UPSC, IAS, UPPSC/UPPCS, MPPSC. BPSC, RPSC & All State PSC Exams
Date: 05 September 2022
Q1. Consider the following statements about the recently released RBI guidelines on digital lending:
1. Borrowers have to be given a cooling-off period to exit a
digital loan without any penalty during this period.
2. The responsibility regarding data privacy and security of the customer’s
personal information will be that of the Regulated Entities.
3. All data have to be stored only in servers located within India.
Which of the statement/s given above is/are correct?
a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) All of the above
Answer: (D)
Explanation:
- The responsibility regarding data privacy and security of the customer’s personal information will be that of the REs, which have also been directed to ensure that all data is stored only in servers located within India.
- Borrowers have to be given a cooling off/ look-up period to exit a digital loan by paying the principal and the proportionate annual percentage rate (APR) without any penalty during this period.
Q2. Consider the following statements regarding Coal India Limited:
1. It is an Indian government-owned coal mining and refining
corporation, a Maharatna PSU.
2. It is headquartered in New Delhi.
3. It is the second largest coal-producer in the world.
Choose the correct option below:
a. Only 1
b. Only 1 and 2
c. Only 2 and 3
d. 1, 2 and 3
Answer: (A)
Explanation: Coal India Limited
- It is an Indian government-owned coal mining and refining corporation, headquartered in Kolkata.
- It is the largest coal-producer in the world and a Maharatna public sector undertaking.
Q3. Which one of the following is the context in which the term “Qubit” is mentioned?
a) Cloud Services
b) Quantum Computing
c) Visible Light Communication Technologies
d) Wireless Communication Technologies
Answer: (B)
Explanation: Quantum computing uses quantum bits, or ‘qubits’ instead. These are quantum systems with two states. However, unlike a usual bit, they can store much more information than just 1 or 0, because they can exist in any superposition of these values.
Q4. Consider the following statements about INS Vikrant:
1. It has 100 % of indigenous content.
2. It is the first aircraft carrier built in India.
3. India has become the second country in the world that can design and build
carriers with a displacement of over 40,000 tonnes.
Which of the statements given above is/are correct?
a) 1 only
b) 2 only
c) 1 and 3 only
d) 1, 2 and 3
Answer: (B)
Explanation:
- India has commissioned its first indigenously designed and built aircraft carrier, INS Vikrant, and joined a small group of countries which include the U.S., the U.K., Russia, France and China, that can design and build carriers with a displacement of over 40,000 tonnes.
- INS Vikrant (IAC-I) is the first aircraft carrier built in India and the first Vikrant-class aircraft carrier built by Cochin Shipyard (CSL) in Kochi, Kerala for the Indian Navy.
- The Vikrant has 76 per cent indigenous content, which includes a combat management system, electronic warfare suite, data network, and integrated platform management system, among others.
Q5. Consider the following statements regarding the Judiciary in India.
1. The Indian legal system is based on the doctrine of “Due
process of law” vis-a-vis “Procedure established by law” enshrined in the
American constitution.
2. Contempt of court proceedings can be started only after the consent of
Attorney General of India
3. Only the Supreme Court of India can take suo moto “Contempt of Court”
proceedings against an individual.
4. The Attorney General of India is not debarred from private legal practice and
still enjoys all the privileges and immunities that are available to a Member of
Parliament.
Which of the statements given above is/are correct?
a) 1 and 4 only
b) 2 and 3 only
c) 1, 2 and 3 only
d) 1, 2 and 4 only
Answer: (D)
Explanation:
- The Indian legal system is based on the doctrine of “Procedure established by law” vis-a-vis “Due process of law” enshrined in the American constitution.
- The AG’s consent is mandatory when a private citizen wants to initiate a case of contempt of court against a person.
- When the court itself initiates a contempt of court case the AG’s consent is not required
- Article 129 of the Constitution gives the Supreme Court the power to initiate contempt cases on its own, Also Article 215 conferred a corresponding contempt power on the High Courts.
- The Attorney General of India is not debarred from private legal practice and still enjoys all the privileges and immunities that are available to a Member of Parliament.
Q6. Which of the following statements are incorrect with regard to National Nutrition Week?
1. This concept was first launched in Bangladesh in 1973.
2. India launched the concept in 2014.
3. The Focus this year is to activate ‘Poshan Panchayats’.
Choose the right options with the codes given below.
a) 1 & 2
b) 1 & 3
c) 2 & 3
d) All of them
Answer: (A)
Explanation:
- This concept was first launched in the U.S. in 1973.
- India launched the concept in 1982.
- The Focus this year is to activate ‘Poshan Panchayats’.
