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

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

Date: 01 March 2022

Q1. Consider the following statements about Investment in India.

1. Public investment is an important component of aggregate demand that contributed more than 73 per cent to the total investment.
2. India’s Gross Capital Formation (investment rate) has fallen about 9 percentage points from a high of 40 per cent of GDP in 2010-11 to about 29.6 per cent in 2021-22.

Which of the statement/s given above is/are correct?

a) 1 only
b) 2 only
c) Both1 and 2
d) None of these

Answer: (B)

Explanation:

  • India’s Gross Capital Formation (investment rate) has fallen about 9 percentage points from a high of 40 per cent of GDP in 2010-11 to about 29.6 per cent in 2021-22.
  • Private investment is an important component of aggregate demand that contributed more than 73 per cent to the total investment

Q2. "National Initiative for Developing and Harnessing Innovations (NIDHI)", is sometimes seens in the news. The aim of this initiative is to

a) promote Atma Nirbharta in Defence Technology as a part of the 'Atma Nirbhar Bharat initiative'.
b) nurturing ideas and innovations (knowledge-based and technology-driven) into successful startups.
c) encourage foreign collaborations to develop new space technologies in joint ventures.
d) empowering high educational institutions to promote science and technology in the curriculum.

Answer: (B)

Explanation:

  • NIDHI is for nurturing ideas and innovations (knowledge-based and technology-driven) into successful startups.

Q3. Which among the followings is NOT released by RBI?

1. Consumer Confidence Survey
2. Financial Stability Report
3. Consumer Price Index (Rural)
4. Annual Report on Banking Ombudsman Scheme

Choose your answer from the options given below:

a. 1 only
b. 1 and 3 only
c. 3 only
d. 2 and 4 only

Answer: (C)

Explanation: The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) releases All India Consumer Price Index (CPI) and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C).

Q4. Consider the following statements about IPCC, Intergovernmental Panel on Climate Change:

1. It was established in 1988 by the World Meteorological Organization (WMO) and the International Union for Conservation of Nature (IUCN).
2. It does not conduct original research nor monitor climate change, but rather undertakes a periodic, systematic review of all relevant published literature.

Select the correct statements:

A. 1 only
B. 2 only
C. Both are correct
D. Both are incorrect

Answer: (B)

Explanation : The Intergovernmental Panel on Climate Change (IPCC) is the United Nations body for assessing the science related to climate change.

  • It was established in 1988 by the World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP), and later endorsed by the United Nations General Assembly.
  • It does not conduct original research nor monitor climate change, but rather undertakes a periodic, systematic review of all relevant published literature.

Q5. Freedom in the World Report is published by which of the following organisation?

a) Transparency international.
b) Reporter without border.
c) Freedom House
d) Greenpeace international

Answer: (C)

Explanation:

  • Freedom in the World is an annual global report on political rights and civil liberties, composed of numerical ratings and descriptive texts for each country and a select group of territories. The 2022 edition covers developments in 195 countries and 15 territories from January 1, 2021, through December 31, 2021.
  • The report has been published by US-based non-profit organisation Freedom House, which is funded by the US government.

Q6. Consider the following statements regarding ‘Unnat Bharat Abhiyaan’?

1) It aims to connect School Educational institutions with at least 5 villages
2) It is the flagship programme of Ministry of Education

Which of the following are correct

A) 1 only
B) 2 only
C) Both of these
D) None of these

Answer: (B)

Explanation: It aims to connect Higher Educational institutions with at least 5 villages, to lead to economic and social betterment in the lives of rural communities with the current knowledge base of faculty and students.

Q7. Consider the following pairs:

Scheme State
1. Urban Wage Employment Initiative Odisha
2. Indira Gandhi Shahri Rozgar Guarantee Yojana Rajasthan
3. Mukhyamantri Yuva Swabhiman Yojana Madhya Pradesh

Which of the pairs given above is/are correctly matched?

(A) 1 and 2 only
(B) 2 and 3 only
(C) 1 and 3 only
(D) 1, 2 and 3

Answer: (D)