Home > Daily-mcqs

Daily-mcqs 22 Jan 2025

Current Affairs MCQs for UPSC & State PSC Exams 22 Jan 2025

image
Current Affairs MCQs for UPSC & State PSC Exams

Q1:

Match the following sections from the Bharatiya Nyaya Sanhita (BNS) to their respective crimes:

Column A (Sections of BNS)

1.   65(2) of BNS

2.    66 of BNS

3.    70(2) of BNS

4.   103(1) of BNS

Column B (Nature of Crime)
A. Murder
B. Rape of a child below 12 years of age
C. Rape and injury causing death or persistent vegetative state
D. Gang rape of a child under 18 years of age

Options

A: 1 - B, 2 - C, 3 - D, 4 - A

B: 1 - C, 2 - B, 3 - D, 4 - A

C: 1 - B, 2 - A, 3 - D, 4 - C

D: 1 - A, 2 - C, 3 - D, 4 - B

Answer: A

Explanation:


  • 65(2) refers to the rape of a child below 12 years of age.

  • 66 relates to rape and injury causing death or persistent vegetative state.

  • 70(2) pertains to gang rape of a child under 18 years of age.

  • 103(1) addresses murder.


                            

Q2:

Match the following laws and crimes:

Column A (Act and Section)

1.   The Organized Crime Act, 2001 – section 3(1)

2.   The Army Act, 1950 – section 37

3.   The Assam Rifles Act, 2006 – section 21

4.   The Commission of Sati (Prevention) Act, 1987 – section 41

Column B (Nature of Crime)
A. Mutiny
B. Organized crime resulting in death of a person
C. Abetment of sati
D. Offences in relation to enemy punishable with death

Options

A: 1 - B, 2 - A, 3 - D, 4 - C

B: 1 - B, 2 - D, 3 - A, 4 - C

C: 1 - A, 2 - B, 3 - C, 4 - D

D: 1 - D, 2 - A, 3 - B, 4 - C

Answer: A

Explanation:


  • The Organized Crime Act, 2001 - 3(1) addresses organized crime resulting in death.

  • The Army Act, 1950 - 37 refers to mutiny.

  • The Assam Rifles Act, 2006 - 21 concerns offences in relation to the enemy punishable with death.

  • The Commission of Sati (Prevention) Act, 1987 - 41 relates to abetment of sati.


                            

Q3:

Consider the following statements about Bail under the Prevention of Money Laundering Act (PMLA), 2002:

1.   Under Section 45 of the PMLA, women are entitled to bail unless there are exceptional circumstances.

2.   The Supreme Court in January 2025 upheld that women accused of money laundering must meet the same stringent bail conditions as other accused.

3.   The exception for women under Section 45 of PMLA applies universally to all women.

How many of the above statements are correct?

A: Only 1

B: Only 2

C: All three

D: None

Answer: A

Explanation:


  • Statement 1 is correct: The Supreme Court ruling on January 15, 2025, reinforced that women are entitled to bail under Section 45 of PMLA, unless exceptional circumstances, like being a flight risk or tampering with evidence, apply.

  • Statement 2 is incorrect: The Supreme Court clarified that the exception for women does apply unless exceptional circumstances justify otherwise. It did not uphold that women must meet the same stringent conditions as others.

  • Statement 3 is incorrect: The exception for women is not necessarily universal to all women. The legal framework has been debated, with exceptions made for "vulnerable" women, but not all women, such as those in well-placed positions, are automatically excluded from stricter conditions.


                            

Q4:

Consider the following statements about the Prevention of Money Laundering Act (PMLA), 2002:

1.   Section 3 of the PMLA defines money laundering as any attempt to convert proceeds of crime into untainted property.

2.   The offence of money laundering is punishable with rigorous imprisonment for a term not less than five years and may extend to ten years.

3.   Under PMLA, banks and financial institutions are mandated to report suspicious transactions to the Financial Intelligence Unit (FIU).

How many of the above statements are correct?

A: Only 1

B: Only 2

C: All three

D: None

Answer: B

Explanation:


  • Statement 1 is correct: Section 3 of the PMLA defines money laundering as any attempt, assistance, or involvement in processes related to the proceeds of crime to project it as untainted property.

  • Statement 2 is incorrect: The offence of money laundering is punishable with rigorous imprisonment for a term not less than three years extending to seven years, not five to ten years.

  • Statement 3 is correct: PMLA mandates entities like banks and financial institutions to maintain records of transactions and report suspicious transactions to the Financial Intelligence Unit (FIU).


                            

Q5:

Which of the following is the primary function of an Asset Reconstruction Company (ARC)?

1.   To provide loans to distressed borrowers.

2.   To acquire and manage distressed assets (NPAs) from banks and financial institutions.

3.   To create new non-performing assets (NPAs) for financial institutions.

4.   To enforce financial regulations on banks.

How many of the above statements are correct?

A: Only 1

B: Only 2

C: All four

D: None

Answer: A

Explanation:


  • Statement 1 is incorrect: ARCs do not provide loans to distressed borrowers; their primary function is to acquire and manage distressed assets.

  • Statement 2 is correct: The core function of an ARC is to acquire and manage non-performing assets (NPAs) from banks and financial institutions.

  • Statement 3 is incorrect: ARCs do not create NPAs; instead, they acquire existing distressed assets to resolve them.

  • Statement 4 is incorrect: ARCs are not regulatory bodies; they focus on managing distressed assets.