Current Affairs MCQs Quiz for UPSC, IAS, UPPSC/UPPCS, MPPSC. BPSC, RPSC & All State PSC Exams
Date: 14 April 2022
Q1. Consider the following statements about Indian Railway Management Service.
1. All of 10 Group-A Indian Railway services have been merged to create the
IRMS.
2. Indian Railway Management Service brought on the recommendations of the Bibek
Debroy committee report of 2015.
Which of the statement/s given above is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) None of these
Answer: (B)
Explanation:
- Eight out of 10 Group-A Indian Railway services have been merged to create the IRMS.
- Indian Railway Management Service brought on the recommendations of the Bibek Debroy committee report of 2015.
Q2. Consider the following statements about Ayushman Bharat.
1. It provides cover of 5 lakhs per family per year, for
primary and secondary care hospitalization across public and private empaneled
hospitals in India.
2. This scheme is a centrally sponsored scheme with some Central sector
components.
Which of the statement/s given above is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) None of these
Answer: (B)
Explanation:
- It is the world’s largest health insurance/ assurance scheme fully financed by the government. It provides cover of 5 lakhs per family per year, for secondary and tertiary care hospitalization across public and private empaneled hospitals in India.
- This scheme is a centrally sponsored scheme with some Central sector components.
Q3. Consider following statements about UPI.
1. UPI withdraws and deposits funds directly from the bank account.
2. The transaction charges levied in UPI are totally dependent on individual
banks.
3. UPI or Unified Payments Interface is a real-time payment system developed by
National Payments Corporation of India.
Which of the above statements is/are correct?
a) 1 only
b) 2 and 3
c) 1 and 3
d) All of above
Answer: (D)
Explanation:
- UPI or Unified Payments Interface is a real-time payment system developed by National Payments Corporation of India that makes inter-bank transactions seamless and quick.
- Since over 100 leading banks provide this service in 12 different languages, you can be assured of instant money transfer between the banks of your choice, using the provider of your choice, in the language of your choice.
- UPI withdraws and deposits funds directly from the bank account.
- The transaction charges levied in UPI are totally dependent on individual banks.
Q4. Consider the following statements regarding Bhartiya Prakritik Krishi Paddhati (BPKP):
1. Currently, the assistance to natural farming is given
through Bhartiya Prakritik Krishi Paddhati (BPKP), which was introduced as a
sub-scheme of Paramparagat Krishi Vikas Yojana (PKVY).
2. In the 2022-23 Budget, both the BPKP and PKVY have been subsumed under
Rashtriya Krishi Vikas Yojana (RKVY).
Select 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:
- The support for assistance to natural farming is given through Bhartiya Prakritik Krishi Paddhati (BPKP), which was introduced as a sub-scheme of Paramparagat Krishi Vikas Yojana (PKVY).
- In the 2022-23 Budget, both the BPKP and PKVY have been subsumed under Rashtriya Krishi Vikas Yojana (RKVY).
Q5. Consider the following statements about Green Grids Initiative –One Sun One World One Grid (GGI-OSOWOG):
1) It aims to connect energy grids across borders to
facilitate a faster transition to the use of renewable energy.
2) This initiative brings together the International Solar Alliance and the
green grid initiative of US and complements India’s focus on harnessing the
sun’s energy.
Choose the right option
a) 1 only
b) 2 only
c) 1 and 2
d) Neither 1 nor 2
Answer: (A)
Explanation:
- (GGI-OSOWOG) was launched during the COP26 by bringing together the international solar alliance of India and Green grid initiative by UK government
- It is aimed at addressing the issue of reliability of supply from solar power plants, which do not generate electricity after the sun has set.
- A transnational grid would allow countries to source solar power from regions where it is daytime to meet their green energy needs even when their own installed solar capacity is not generating energy.
- OSOWOG initiative is a possible solution for driving down the need for storage, which in effect will reduce the costs of the energy transition and also reducing the high cost of energy storage.
Q6. Consider the following statements:
1. Uday Kotak Committee is related to the Corporate Governance in India.
2. ICAI’s disciplinary committee and board of discipline will be chaired by most
experienced chartered accountants (CA).
3. CA, CWA and CS (Amendment Bill) decreases certain fines and penalties related
to Corporate Mismanagement.
Which of the above statements are correct?
A. 1 only
B. 1 and 2 only
C. 2 and 3 only
D. all of the above
Answer: (A)
Explanation:
- Uday Kotak Committee in 2017 is related to the Corporate Governance in India.
- ICAI’s disciplinary committee and board of discipline will be chaired by non-chartered accountants (CA), and its elected council members will no longer be in a majority in them.
- CA, CWA and CS (Amendment Bill) increases certain fines and penalties related to Corporate Mismanagement.
Q7. Which of the following organisation released “Composite Water Management Index”?
a) Ministry of Jal Shakti
b) Ministry of Housing and Urban Affairs
c) Ministry of Drinking Water and Sanitation
d) NITI Aayog
Answer: (D)
Explanation: The National Institute for Transforming India (NITI) Aayog has develop ed the Composite Water Management Index (CWMI) to enable effective water management in India n states in the face of this growing crisis.
