Current Affairs MCQs for UPSC & State PSC Exams (04 August 2022)

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

Date: 04 August 2022

Q1. Which of the following statements are correct?

1. The proposed Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Amendment Bill, 2022 empowers the government to freeze and seize the financial assets and resources of those engaged in this illicit activity.
2. During the Soviet-US Cold War, the ‘MAD’ logic of ‘mutually assured destruction’ was held up by war-gamers as an assurance of peace.

Select the correct answer using the code given below :

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Answer: (C)

Explanation:

  • The proposed Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Amendment Bill, 2022 empowers the government to freeze and seize the financial assets and resources of those engaged in this illicit activity.
  • During the Soviet-US Cold War, the ‘MAD’ logic of ‘mutually assured destruction’ was held up by war-gamers as an assurance of peace.

Q2. Consider the following statements regarding Right to Information Act:

1. The act defines “information” and “public officials” for its purpose.
2. A public authority cannot suo motu disclose information unless it is demanded by citizens/RTI Activists.
3. There are few exemptions provided in the act against furnishing information to the public.

Choose the correct option below:

a) Only 1
b) Only 1 and 3
c) 1, 2 and 3
d) None

Answer: (B)

Explanation:

  • The Act provides definition of Information and what constitutes Public Officials for the purpose of the Act.
  • Section 4 requires suo motu disclosure of information by each public authority. This provision is to empower the citizens to make informed decisions.
  • Section 8 (1) mentions exemptions against furnishing information under RTI Act. This is to save critical and strategic information from going out of context.
  • Section 8 (2) provides for disclosure of information exempted under Official Secrets Act, 1923 if larger public interest is served.
  • The Act provides for appointment of Information Commissioners at Central and State level and a designated Public Information Officer responsible to give information to a person who seeks information under the RTI Act.

Q3. Consider the following statements about the Situation Assessment Survey (SAS) of Agricultural Households conducted by the NSO during NSS 77th round (January 2019- December 2019):

1. The average monthly income of agricultural households has increased.
2. The share of income from cultivation has reduced and the rural households engaged in farming have reduced.
3. The share of marginal agricultural households, possessing less than 1 ha, has decreased.
4. The share of small and medium farmers has dropped.

Which of the statement/s given above is/are not correct?

a) 1 only
b) 2 only
c) 3 only
d) 4 only

Answer: (C)

Explanation:

  • The average monthly income of agricultural households has increased.
  • The share of income from cultivation has reduced and the rural households engaged in farming have reduced.
  • The share of marginal agricultural households, possessing less than 1 ha, has increased..
  • The share of small and medium farmers has dropped.

Q4. Consider the following statements about Network for Greening the Financial System:

1. It is a global network of central banks and supervisory authorities advocating a more sustainable financial system.
2. It was created at the Paris Climate Summit in 2015.

Which of the above statements is/are correct?

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Answer: (A)

Explanation:

  • It is a global network of central banks and supervisory authorities advocating a more sustainable financial system.
  • It was created at the Paris One Planet Summit in December 2017

Q5. Consider the following Indian polar research stations:

1. Maitri
2. Himadri
3. Bharati
4. Dakshin Gangotri

Which of the following is the correct chronological sequence of the establishment of the above stations?

a) 4-2-3-1
b) 4-3-2-1
c) 4-1-2-3
d) 4-1-3-2

Answer: (C)

Explanation:

  1. Dakshin Gangotri- 1983 (Antarctic)
  2. Maitri- 1989 (Antarctic)
  3. Himadri- 2008 (Arctic)
  4. Bharati- 2012 (Antarctic)

Q6. Consider the following statements regarding Environmental, Social and Governance (ESG):

1. There is a comprehensive dedicated law for the implementation of Environmental, Social and Governance (ESG) in India.
2. From the financial year 2022-2023, the top 1,000 listed companies in India will need to prepare a ‘business responsibility and sustainability report’ containing detailed ESG disclosures.

Which of the statements given above is/are correct?

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Answer: (B)

Explanation:
  • While there are various laws that have been introduced in India at different times for the protection of the environment, equitable treatment and overall well-being of employees and for corporate governance, there has not been any single piece of legislation covering all elements of ESG or standards for ESG related criteria on a uniform basis.
  • From the financial year 2022-2023, the top 1,000 listed companies in India (by market capitalisation) will need to prepare a ‘business responsibility and sustainability report’ (or “BRSR”), containing detailed ESG disclosures.