Current Affairs MCQs Quiz for UPSC, IAS, UPPSC/UPPCS, MPPSC. BPSC, RPSC & All State PSC Exams
Date: 06 June 2022
Q1. Stagflation recently seen in news is a situation of economy in which there are:
a) Rising inflation and Rising employment
b) Stagnant inflation and Rising unemployment
c) Rising inflation but falling output
d) None of the Above
Answer: (C)
Explanation:
- Stagflation is a period of rising inflation but falling output and rising unemployment.
- Stagflaton is often a period of falling real incomes as wages struggle to keep up with rising prices.
Q2. Consider the following statements:
1. The share of institutional credit in agriculture has
reached a level of about 90 per cent.
2. Andhra Pradesh has the highest average outstanding loan on Agricultural
Households.
Which of the statement/s given above is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither of these
Answer: (B)
Explanation:
- The share of institutional credit in agriculture has reached a level of about 70 per cent.
- The 2019 survey found Andhra Pradesh to have the highest average outstanding loan, at Rs 2.45 lakh, among 28 states.
Q3. In which of the following cities the WTO Ministerial Conference (MC 12) is going to be held?
a) Geneva
b) Berlin
c) New York
d) London
Answer: (A)
Explanation: The forthcoming WTO Ministerial Conference (MC 12) starting in Geneva on June 11 2022.
Q4. Arrange the following Pacific Countries from North to South:
1. Tuvalu
2. Marshal Island
3. Kiribati
4. Cook Island
Select the correct code:
a) 4-1-2-3
b) 3-2-4-1
c) 2-3-1-4
d) 3-2-1-4
Answer: (C)
Explanation:
Q5. Consider the following statements regarding Falkenmark Water Stress Indicator:
1. It measures water scarcity as the amount of renewable
freshwater that is available per person per year.
2. It proposes a threshold of 1,700 cubic meters per capita per year to identify
the regions that suffer from water stress.
Choose the correct answer using the code given below:
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer: (C)
Explanation:
- It is an indicator used to measure water scarcity.
- It measures water scarcity as the amount of renewable freshwater that is available per person per year.
- It proposes a threshold of 1,700 cubic meters per capita per year to identify the regions that suffer from water stress.
- If the water availability is less than 1,700 cubic meters per capita per year, there is water scarcity.