Current Affairs MCQs Quiz for UPSC, IAS, UPPSC/UPPCS, MPPSC. BPSC, RPSC & All State PSC Exams
Date: 29 September 2022
Q1. Consider the following statements about NABARD:
1. It is a statutory body.
2. It is under the jurisdiction of the Ministry of Agriculture.
3. NABARD was established on the recommendations of the B. Sivaraman Committee.
Which of the statement/s given above is/are correct?
a) 1 only
b) 1 and 3 only
c) 2 and 3 only
d) All of the above
Answer: (B)
Explanation:
- NABARD is an apex regulatory body for the overall regulation of regional rural banks and apex cooperative banks in India.
- It is under the jurisdiction of the Ministry of Finance, Government of India.
- NABARD is active in developing and implementing financial inclusion.
- NABARD was established on the recommendations of the B. Sivaraman Committee on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.
Q2. With reference to the ‘Telecom industry in India’:
1. The Telecom industry in India is the second largest in the
world.
2. 100% Foreign Direct Investment (FDI) has now been allowed in the Telecom
sector under the automatic route.
3. India has more tele-density in the rural areas as compared to urban areas.
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) 1, 2 and 3
Answer: (A)
Explanation:
- The Telecom industry in India is the second largest in the world with a subscriber base of 1.17 billion as of July 2022.
- 100% Foreign Direct Investment (FDI) has now been allowed in the Telecom sector under the automatic route.
- India has an overall tele-density of 85.11 %, of which, the tele-density of the rural market, which is largely untapped, stands at 58.37% while the tele-density of the urban market is 134.78%.
Q3. Consider the following statements regarding Permanent Membership of UN Security Council:
1. India was offered to join the UNSC by both the
superpowers, the US and the then Soviet Union in the past.
2. Currently, India is a non-permanent member of the UNSC.
3. Both Germany and France are permanent members of UNSC.
Which of the statement/s given above is/are correct?
a) 1 and 2 Only
b) 1 and 3 Only
c) 2 and 3 Only
d) 1, 2 and 3
Answer: (A)
Explanation:
- In the past, India was offered to join the UNSC by both the superpowers, the US and the then Soviet Union. However, India denied the offer due to Cold war politics in that era.
- India is currently a non-permanent member of the UNSC.
- The five permanent members of the UNSC — China, France, the Russian Federation, the United Kingdom and the United States.
Q4. Consider the following statements regarding the power sector in India
1. The Market Based Economic Dispatch (MBED) is a newly
devised electricity distribution mechanism which is based on “pooling” of total
electricity capacities of all discoms.
2. 100% FDI (Foreign Direct Investment) is permitted under automatic route in
the power sector.
3. Central Electricity Authority (CEA) is a statutory organization established
under the provision of the Energy Conservation Act, 2001.
Which of the statement/s given above is/are correct?
a) 1 and 2 only
b) 1 and 3 only
c) 2 and 3 only
d) 1, 2 and 3 only
Answer: (A)
Explanation:
- The MBED is based on “pooling” of total electricity capacities of all discoms.
- Rather than all discoms operating in silos and restricting themselves to their own PPAs only, the entire demand of the country will be met by pooling together all the PPAs
- This pooled demand will be used through a centralized dispatch starting from the cheapest PPA.
- 100% FDI (Foreign Direct Investment) is permitted under automatic route in the power sector.
- CEA has been established under section 3 of Electricity Supply Act 1948 which has been superseded by the Electricity Act, 2003.
Q5. West Seti Hydroelectric Project, sometimes seen in the news, is related to which of the following country?
a) Nepal
b) Bhutan
c) Pakistan
d) Myanmar
Answer: (A)
Explanation: West Seti Hydroelectric Project is a proposed 750-megawatt Hydropower Project, which is to be built on the Seti River in far-western Nepal.
