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Daily-mcqs 01 Mar 2025

Current Affairs MCQs for UPSC & State PSC Exams 01 Mar 2025

Current Affairs MCQs for UPSC & State PSC Exams

Q1:

Consider the following statements regarding ONOP initiative:

The ‘One Nation-One Port Process’ (ONOP) initiative aims to standardize operations across all major ports in India.

The ONOP initiative is expected to reduce operational costs by harmonizing port procedures.

The primary focus of the initiative is to improve India’s inland waterways infrastructure.

Which of the above statements are correct?

A: Only 1

B: Only 2

C: All Three

D: None

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Answer: B

Explanation:

Statement 1 is correct: The ‘One Nation-One Port Process’ (ONOP) initiative aims to standardize and streamline operations across all major ports in India.

Statement 2 is correct: By harmonizing port procedures, ONOP is designed to reduce operational costs and improve efficiency at Indian ports.

Statement 3 is incorrect: The ONOP initiative is focused on improving operations at major ports, not inland waterways infrastructure.

Q2:

Consider the following statements regarding Logistics Port Performance Index (LPPI):

The Logistics Port Performance Index (LPPI) was launched for the fiscal year 2023-24.

The LPPI will assess the performance of both major and non-major ports based on key performance indicators (KPIs).

The LPPI aims to evaluate the global competitiveness of Indian ports.

The LPPI results will help identify areas for improvement and promote operational excellence in Indian ports.

Which of the above statements are correct?

A: 1, 2, and 3

B: 1, 2, and 4

C: 2, 3, and 4

D: All of the above

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Answer: D

Explanation:

Statement 1 is correct: The Sagar Ankalan – Logistics Port Performance Index (LPPI) was indeed launched for the fiscal year 2023-24.

Statement 2 is correct: The LPPI will assess both major and non-major ports based on key performance indicators (KPIs), such as cargo handling efficiency, turnaround times, berth idle times, and container dwell times.

Statement 3 is correct: The LPPI does include the comparison of bulk cargo handling (both dry and liquid), along with container cargo handling.

Statement 4 is correct: The LPPI results will be used to identify areas for improvement and promote operational excellence at Indian ports.

Q3:

Consider the following statements regarding the MAITRI Initiative:

The MAITRI initiative aims to streamline international trade processes through digital integration, using technologies like Artificial Intelligence (AI) and Blockchain.

MAITRI will create a ‘Virtual Trade Corridor’ (VTC) between India and UAE as part of the India-Middle East-Europe Economic Corridor (IMEEC).

Which of the above statements are correct?

A: Only 1

B: Only 2

C: Both

D: None

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Answer: C

Explanation:

Statement 1 is correct: MAITRI stands for Master Application for International Trade and Regulatory Interface.

Statement 2 is correct: MAITRI will facilitate the creation of a ‘Virtual Trade Corridor’ (VTC) between India and UAE as part of the India-Middle East-Europe Economic Corridor (IMEEC).

Q4:

Consider the following statements regarding the Supreme Court's judgment on Customs and GST officers:

The Supreme Court ruled that Customs and GST officers can make arrests arbitrarily without adhering to specific procedures.

The judgment mandates that Customs and GST officers must follow the procedures.

Which of the above statements are correct?

A: Only 1

B: Only 2

C: Both

D: None

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Answer: B

Explanation:

Statement 1 is incorrect: The Supreme Court ruled that Customs and GST officers cannot make arbitrary arrests.

Statement 2 is correct: The judgment mandates that Customs and GST officers must adhere to the procedures outlined under Section 104 of the Customs Act and Section 69 of the GST Acts before making arrests.

Q5:

What was the total investment commitment announced during the Advantage Assam 2.0 Summit?

A: ₹1 lakh crore

B: ₹5.18 lakh crore

C: ₹10 lakh crore

D: ₹20 lakh crore

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Answer: B

Explanation:

The Advantage Assam 2.0 Summit witnessed investment commitments and announcements worth over ₹5.18 lakh crore from various industries such as hydrocarbons, digital technology, infrastructure, and manufacturing.