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Current Affairs MCQs Quiz for UPSC, IAS, UPPSC/UPPCS, MPPSC. BPSC, RPSC & All State PSC Exams

Date: 15 January 2022

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Q1. Which of the following factors are considered while calculating the MSP of the crop?

1. Expenses incurred on use of material inputs like seeds, fertilizers and manures.
2. Price trends in the market, both domestic and international.
3. Land rent
4. Cost of interest on the money taken for farming
5. Likely implications of MSP on consumers of that product.

Select the correct answer using the code given below.

(a) 1 and 5 only
(b) 1, 2 and 3 only
(c) 2 , 3 and 4 only
(d) 1,2, 3, 4 and 5

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Q2. Consider the following statement regarding the regulatory norms for NBFCs:

1. They were brought under prompt corrective action framework in 2019.
2. All NBFCs have to institutionalise chief risk officer.
3. NBFCs now can upgrade NPAs to standard category only after the entire arrears are cleared.

Which of the statement/s given above is/are Correct:

(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 3 only

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Q3. Consider the following statements about South Asia Nations:

1. This region consists of the countries of Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, Pakistan, and Sri Lanka.
2. Overall, it accounts for about 59.49% of Asia's population, over 44% of the world's population.
3. Nepal is the world’s first carbon-negative country.

Which of the statement/s given above is/are correct?

(a) 1 and 3only
(b) 2 and 3only
(c) 1,2 and 3
(d) None of these

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Q4. Consider the following statements about NATO-Russia crisis.

1. Russia has been pushing to prevent Ukraine from joining NATO.
2. Since 1997, 14 more Eastern European nations have joined NATO.
3. Russian annexation of Crimea in 2014 was the first time since WWII that a European nation had annexed territory from another country.

Which of the above statements is/are correct?

(a) 1 and 2 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2, and 3

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Q5. Consider the following statements about wholesale price index:

1. The Central Statistics Office (CSO) which is now the National Statistical Office (NSO) compiles this data.
2. It is the measure of changes in the price level of a basket of consumer goods and services bought by households.
3. It is the most widely used inflation indicator in India.

Which of the statement/s given above is/are correct?

a) 1 and 2only
b) 2 and 3only
c) 1 and 3 only
d) 3only

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Q6. Consider the following statement about MNGREGA:

1. MGNREGA is one of the largest work guarantee programmes in the world.
2. The primary objective of the scheme is to guarantee 100 days of employment in every financial year.
3. The objective of the scheme is to guarantee employment to all members of any rural household willing to do public work-related unskilled manual work.

Which of the statement/s given above is/are correct?

a) 1 and 3only
b) 2 and 3only
c) 1 and 2only
d) 1, 2 and 3

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