Current Affairs MCQs for UPSC & State PSC Exams (14 December 2022)

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

Date: 14 December 2022

Q1. Consider the following statements regarding The Organisation for Economic Co-operation and Development (OECD).

1. It is an intergovernmental organization with 38 member countries, founded in 1961.
2. OECD has its headquarter in Paris, France.
3. India is a founding member of the OECD.

Which of the statements given above is/are correct?

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

Answer: (B)

Explanation:

  • The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and world trade. Thus statement 1 is correct.
  • OECD has its headquarter in Paris, France. Hence statement 2 is also correct.
  • India is one of the many non-member economies with which the OECD has working relationships in addition to its member countries. Thus statement 3 is NOT correct.

Q2. Consider the following statements regarding the POCSO Act, 2012:

1. A girl under 18 is treated as a child under the POCSO act regardless of the marital status.
2. Provision of Fast Track Special Courts to dispense quick justice.
3. Covers criminals who are in positions of trust and authority such as police, public servants, etc.

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: (B)

Explanation:

  • A girl under 18 is treated as a child in POCSO.
  • If she is married, she is no longer a child under the exception to Section 375 of the IPC. Hence, statement 1 is incorrect.
  • Provision of Fast Track Special Courts (FTSCs) to dispense quick justice.
  • Covers criminals who are in positions of trust and authority such as police, public servants, etc.

Q3. Consider the following statements regarding the ‘Democracy Index’:

1. It is released by the Economist Intelligence Unit.
2. India has ranked 46th in the Democracy Index 2021.

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: (C)

Explanation:

  • The Democracy Index is an index compiled by the Economist Intelligence Unit (EIU), the research division of the Economist Group, a UK-based private company. So, statement 1 is correct.
  • India is ranked 46th on the 2021 index with an overall score of 6.91. It has been classified as a flawed democracy. So, statement 2 is correct.

Q4. Consider the following statements regarding the National Bank for Financing Infrastructure and Development (NaBFID).

1. It is a statutory corporate body headquartered in Mumbai.
2. It is mandated to finance infrastructure and developing long term bond and derivatives markets.
3. It is regulated and supervised by the Reserve bank of India under the Banking Regulation Act of 1949.
4. It has been declared as the fifth All India Financial Institution (AIFI).

Choose the CORRECT answer using the codes given below:

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

Answer: (B)

Explanation:

  • NaBFID is a principal Development Financial Institution (DFI) established by the National Bank for Financing Infrastructure and Development (NaBFID) Act, 2021.
  • It has been set up as a corporate statutory body with authorized share capital of one lakh crore rupees.
  • Currently it is headquartered at the Small Industries Development Bank of India’s (SIDBI) office in Bandra Kurla Complex, Mumbai. (Statement-1 is correct)
  • NaBFID is regulated and supervised as an All India Financial Institution (AIFI) by the RBI under the Reserve Bank of India Act, 1934. (Statement-3 is incorrect)
  • It is the fifth AIFI after EXIM Bank, NABARD, NHB and SIDBI.(Statement-4 is correct)
  • It is mandated to finance infrastructure and developing long term bond and derivatives markets.(Statement-2 is correct)

Q5. Consider the following statements regarding National Health Policy, 2017:

1. It intends to gradually increase public health expenditure to 2.5% of the GDP.
2. The policy advocates allocating two-thirds of resources to primary health care.
3. It proposes introducing Yoga in more schools and offices for good health.

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: (D)

Explanation: Key Highlights of National Health Policy, 2017

  • It intends on gradually increasing public health expenditure to 2.5% of the GDP.
  • The policy proposes free drugs, free diagnostics and free emergency and essential healthcare services in public hospitals.
  • The policy advocates allocating two-thirds of resources to primary care.
  • It proposes two beds per 1,000 of the population to enable access within the first 60 minutes after a traumatic injury.
  • To reduce morbidity and preventable mortality of non-communicable diseases (NCDs) by advocating pre-screening.
  • It highlights AYUSH as a tool for effective prevention and therapy that is safe and cost-effective.
  • It proposes introducing Yoga in more schools and offices to promote good health.