Current Affairs MCQs for UPSC & State PSC Exams (08 January 2022)

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

Date: 08 January 2022

Q1. With reference to REDD+ (Reducing Emissions from Deforestation and Forest Degradation+), consider the following statements:

1. REDD+ is a mechanism developed by Parties to the United Nations Framework Convention on Climate Change (UNFCCC).
2. Developing countries would receive results-based payments for results-based actions.
3. India has prepared its National REDD+ Strategy, complying with the UNFCCC decisions on REDD+.

Select the correct answer using the code given below.

(a) 1 and 2 only
(b) 1 and 3 only
(c) 2 only
(d) 1, 2 and 3

Answer: (D)

Q2. Consider the following statement about Liquidity Coverage Ratio:

1. In India all commercial banks has to maintain LCR.
2. The LCR was introduced as part of the Basel II reforms.
3. LCR is that it requires banks to hold more cash and might lead to fewer loans issued to consumers and businesses.,

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

(a) 1 and 2only
(b) 2 and 3only
(c) 1 and 3 only
(d) 1only

Answer: (C)

Q3. Consider the following statement about sustainable farming.

1. The basic goals of sustainable agriculture are environmental health, economic profitability, and social and economic equity.
2. It is a system of agriculture production without the use of synthetic external inputs such as chemical fertilisers, pesticides and synthetic hormones or genetically modified organisms.
3. Sustainable agriculture lessens the overall costs involved in farming.

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

(a) 1 and 2only
(b) 2 and 3only
(c) 1 and 3 only
(d) None of these

Answer: (C)

Q4. Consider the following statements regarding Central Electricity Authority:

1. It advises the government on policy matters and formulates plans for the development of electricity systems.
2. It is a non-statutory entity constituted by executive resolution.

Which of the statement given above is/are correct:

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

Answer: (A)

Q5. The Central Administrative Tribunal adjudicates disputes and complaints with respect to the service of persons who are:

(a) Appointed to public services and posts in connection with the affairs of the Union except members of the Defense services
(b) Officials and servants of the Supreme Court or High Courts
(c) Members of the Secretarial staff of the Parliament or State Legislatures
(d) Members of the Defense Services

Answer: (A)

Q6. Consider the following statement about GDP:

1. All Budget calculations in India start with the real GDP.
2. Current base year for GDP calculation is 2011-12.
3. Nominal GDP is calculated as per the market prices for the year for which the GDP is calculated.

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

(a) 1 and 2only
(b) 2 and 3only
(c) 1 and 3 only
(d) 1only

Answer: (B)

Q7. Consider the following statements related to Collective Security Treaty Organisation, CSTO.

1. It is purely a military alliance
2. All the Central Asian States are its members
3. Afghanistan has observer status in CSTO

Which of the above statements is/are correct ?

(a) 1 only
(b) 1& 2 only
(c) 1& 3 only
(d) 1,2 & 3

Answer: (C)