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Daily-mcqs 18 Sep 2024

Current Affairs MCQs for UPSC & State PSC Exams 18 Sep 2024

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Current Affairs MCQs for UPSC & State PSC Exams

Q1:

Consider the following statements about the Exercise AIKYA, recently seen in news:

1. It is a two-day national symposium which aims is to enhance disaster preparedness.

2. It has organized by the National Disaster Management Authority and the Army Southern Command.

Which of the statements given above is/are correct?

A: 1 only

B: 2 only

C: Both 1 and 2

D: Neither 1 nor 2

Answer: C

Explanation:

A two-day national symposium of the National Disaster Management Authority and the Army Southern Command entitled Exercise AIKYA will begin in Chennai today on 18th of September. Exercise AIKYA is a two-day national symposium organized by the National Disaster Management Authority (NDMA) and the Army Southern Command. It aims is to enhance disaster preparedness while fostering robust collaboration among key stakeholders. Hence, statements 1 and 2 both are correct.


                            

Q2:

Consider the following statements about Dharmachakra Mudra:

1. It is a hand gesture in Buddhism.

2. It signifies the first sermon delivered by the lord Buddha at Gaya.

3. This mudra is demonstrated by the first Dhyani Buddha Vairochana.

How many of the statements given above are incorrect?

A: Only one

B: Only Two

C: All three

D: None

Answer: A

Explanation:

Recently, India's High Commissioner to Sri Lanka, Santosh Jha, gifted a Lord Buddha statue in Dharmachakra Mudra to Colombo's Dharmayatana Temple, with the ceremony coinciding with Binara Poya and the 160th Birth Anniversary of Srimath Anagarika Dharmapala. The Dharmachakra mudra is a hand gesture in Buddhism that symbolizes the Wheel of Dharma in Sanskrit. Hence, statement 1 is correct.


Dharmachakra mudra signifies one of the most important events in Buddha’s life, the first sermon he delivered at Sarnath after attaining Enlightenment. Hence, statement 2 is incorrect.


Dharmachakra Mudra is performed by touching the tips of the thumb and index finger of each hand to form a circle. This mudra is demonstrated by Vairochana, the first Dhyani Buddha. Hence, statement 3 is correct.


                            

Q3:

Consider the following statements:

Statement-I: The International Monetary Fund is an international organization founded at the Bretton Woods Conference and currently has 193 member countries.

Statement-II: India is a founding member of the International Monetary Fund.

Which of the following is correct in respect of the above statements?

A: Both Statement-I and Statement-II are correct and Statement –II is the correct explanation of Statement-I

B: Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I

C: Statement-I is correct but Statement-II is incorrect

D: Statement-I is incorrect but Statement-II is correct

Answer: D

Explanation:

Recently, the International Monetary Fund (IMF) has postponed indefinitely its planned consultation mission with Russia because of technical issues. The International Monetary Fund is an international organization founded in 1944 at the Bretton Woods Conference. It currently consists of 190 member countries. Hence, statement I is incorrect.


International Monetary Fund provides financial assistance to member countries facing balance of payments problems, typically with conditions for economic reform. Its headquarter is in Washington, D.C. India is a founding member of the International Monetary Fund. Hence, statement II is correct.


                            

Q4:

With reference to the Ol Doinyo Lengai, consider the following statements:

1. It is an active volcano, situated in the north of Mozambique.

2. It is considered as a sacred site and called 'Mountain of God' by the Maasai tribe.

Which of the statements given above is/are correct?

A: 1 only

B: 2 only

C: Both 1 and 2

D: Neither 1 nor 2

Answer: B

Explanation:

Recently, the scientists discovered a sudden bulging because of the flow of magma beneath the surface of the Earth in the Ol Doinyo Lengai volcano and warned people against an impending eruption. The Mountain of God, also known as Ol Doinyo Lengai volcano, is an active volcano, situated in the north of Tanzania. Hence, statement 1 is incorrect.


The name of the volcano 'Ol Doinyo Lengai' means 'Mountain of God' in Maasai. The Maasai tribe considers Ol Doinyo Lengai to be a sacred site and they pray to the volcano for healing, fertility and relief from misfortunes. It is the only volcano in the world that erupts carbonatite lava which is black or grey when molten and turns white upon cooling, making it unique in its composition. Hence, statement 2 is correct.


                            

Q5:

Consider the following statements about Windfall Tax, recently seen in news:

1. It is an extraordinary tax levied only on companies.

2. It does not help to manage the economic impact of global market fluctuations.

Which of the statements given above is/are correct?

A: 1 only

B: 2 only

C: Both 1 and 2

D: Neither 1 nor 2

Answer: D

Explanation:

Recently, the Central Government has abolished the windfall tax on domestically produced crude oil A windfall tax is an extraordinary tax levied on companies or individuals that experience sudden and significant profits due to unforeseen circumstances, such as market fluctuations or regulatory changes. Its aim is to address economic disparities by taxing excessive profits, particularly in times of crisis.


Hence, statements 1 and 2 both are incorrect.