Current Affairs MCQs for UPSC & State PSC Exams (09 September 2022)

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

Date: 09 September 2022

Q1. With reference to Corporate Social Responsibility (CSR), which of the statements is/are correct?

1. The Companies Act 1956 introduced mandatory CSR.
2. Contribution of any amount directly or indirectly to any political party is considered a CSR activity.

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: (D)

Explanation:

  • Companies Act 2013, introduced mandatory CSR.
  • Contribution of any amount directly or indirectly to any political party is not considered a CSR activity.

Q2. With reference to the ‘Finance Commission’ which of the following statements are correct?

1. It is a constitutional body for the purpose of distribution of certain revenue resources between the Union and the State Governments.
2. It is established under Article 280 of the Indian Constitution by the Indian Parliament.
3. 15th Finance Commission’s recommendations aim to maintain the States’ share in the divisible pool of taxes at 41%.

Select the correct answer using the code given below:

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

Answer: (C)

Explanation:

  • Finance Commission is a constitutional body for the purpose of allocation of certain revenue resources between the Union and the State Governments.
  • Every 5 years the President appoints it under Article 280 of the Indian Constitution.
  • It was created to define the financial relations between the Centre and the states.
  • 15th Finance Commission’s recommendation to maintain the States’ share in the divisible pool of taxes to 41%.

Q3. Consider the following statements regarding the renewable energy sector in India:

1. India is ranked 4th in terms of the total wind power capacity installed in the world.
2. India’s offshore wind power projects are mostly concentrated across Odisha and Andhra Pradesh Coasts.

Choose the INCORRECT answer using the code given below:

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

Answer: (B)

Explanation:

  • In the world, India’s rank in the renewable energy segments stands as:
  • Fourth in wind power
  • Fifth in solar power
  • Fourth in renewable power installed capacity.
  • According to the Global Wind Energy Council India has a potential of 174 GW of offshore wind resources which is largely concentrated off the Gujarat and Tamil Nadu coasts.
  • Onshore wind is also highly concentrated in Tamil Nadu, Gujarat and Maharashtra with installed onshore wind capacity of around 40.8 GW as of end-June 2022.

Q4. Consider the following statements:

1. Battery-swapping stations need much less urban land compared to charging stations, which require temporary parking space.
2. Four-wheelers account for 80 percent of vehicle stock in India.
3. Two and three‐wheelers account for only about 20 percent of transport energy consumption and roughly 18 percent of transport emissions.

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

a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) All of the above

Answer: (C)

Explanation:

  • Battery swapping is an alternative to developing charging infrastructure.
  • Reliance upon a “battery-as-a-service” model can reduce the upfront cost of EV ownership.
  • NITI Aayog has recently put out a draft National Battery Swapping Policy aimed at creating a battery-swapping framework.
  • China is leading in this area, having established 1,400 operational swapping stations as of February 2022, with a target of 24,000 by 2025.
  • Battery-swapping stations need much less urban land compared to charging stations, which require temporary parking space.
  • Two and three-wheelers may account for 80 percent of vehicle stock, but they account for only about 20 percent of transport energy consumption and roughly 18 percent of transport emissions.

Q5.Which of the following statements is/are correct with regard to PM SHRI scheme?

1. PM SHRI scheme will be implemented only in the Kendriya and Navodaya Vidyalayas.
2. The schools under this scheme will be developed as Green Schools.
3. Total project cost of the scheme shall be borne by the Centre.

Choose the correct option from the codes below.

A) 1 & 2 only
B) 2 only
C) 2 & 3 only
D) All of them

Answer: (B)

Explanation:

  • PM SHRI Scheme will be implemented in schools run by the Union, State and local bodies.
  • PM SHRI will be implemented at a cost of Rs 27,360 crore over the next five years, in which the Centre’s share will be Rs 18,128 crore.