Current Affairs MCQs for UPSC & State PSC Exams (01 February 2022)

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

Date: 01 February 2022

Q1. Which of the following documents have NOT been mandated by FRBM Act, 2003:

1. Annual Financial Statement
2. Macro-Economic Framework Statement
3. Medium-Term Fiscal Policy Statement
4. Finance Bill

Choose from the options given below:

A. 1 only
B. 1 and 2 only
C. 2 and 3 only
D. 3 and 4 only

Answer: (C)

Explanation: Statements mandated under FRBM Act:

  1. Macro-Economic Framework Statement
  2. Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement

Q2. Which of the following organizations brings out the publication known a ‘Logistic Performance Index’?

a) World Bank
b) World trade organization
c) United Nations Conference on Trade and Development
d) World Economic Forum

Answer: (A)

Explanation: The Logistics Performance Index (LPI) is an interactive benchmarking tool created by the World Bank to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance.

Q3. Which of the following source of energy is included in renewable energy sector in India?

1. Tidal energy
2. Small hydro power
3. Large hydro power
4. Biomass energy

Choose the correct option:

a) 1,2 and 3only
b) 1,2 and 4only
c) 1,3 and 4only
d) All of these

Answer: (D)

Explanation:

  • Renewable resources include biomass energy (such as ethanol), hydropower (small and larger hydro power), geothermal power, wind energy, and solar energy.
  • In March 2019, The Union Cabinet approved a new hydroelectric policy aimed at boosting the sector, including according large hydro projects the status of renewable energy projects.

Q4. Which of the following techniques has been used by Economic Survey 2021-22 to showcase country’s development:

1. Satellite imagery
2. Geospatial data
3. Cartographic techniques
4. Data Analysis
5. Artificial Intelligence

Choose from the options given below:

A. 1, 2 and 3
B. 2, 3 and 5
C. 1, 2, 3 and 4
D. 1, 4 and 5

Answer: (C)

Explanation: Using multiple real-time high-frequency indicators such as goods and services tax collections, power consumption, digital payments, satellite photographs, cargo movements and highway toll collections, for instance, the Survey offers a new approach to policymaking. Survey has used a mix of satellite imagery, geospatial data and cartographic techniques to showcase the country's development and urbanisation over the years.

Q5. Which of the following statements is/are correct?

1. No Member of the Parliament shall be liable to any proceedings in any Court in respect of any vote given by him in any Committee of the Parliament.
2. No Member of the Parliament shall be liable to any proceedings in any Court in respect of anything said in the Parliament.

Select the correct answer using the codes given below:

A. Statement 1 is correct only
B. Statement 2 is correct only
C. Both statement is correct
D. Both statement is wrong

Answer: (C)

Q6. Which of the following countries has a boundary with Myanmar?

(I) Thailand
(II) Laos
(III) Vietnam
(IV) Cambodia

Select the correct answer using the code given below.

(A) I and III only
(B) I and II only
(C) III and IV only
(D) I, II and II only

Answer: (B)

Q7. Observe the following statements

1. Recent changes in definition of MSMEs has brought in parity between Manufacturing and Services based MSMEs
2. These changes were made in Companies Act 2013

Select the correct option

A) 1 only
B) 2 only
C) Both are correct
D) None of them are correct

Answer: (A)

Explanation: As changes were made to Micro, Small and Medium Enterprises Development Act, 2006 (MSME Act)