Current Affairs MCQs for UPSC & State PSC Exams (15 March 2022)

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

Date: 15 March 2022

Q1. Consider the following statements regarding Indian 'Panchamrit Pledges'.

1. India will reduce the total projected carbon emissions by one billion tons from now onwards by 2030.
2. India will meet 50 per cent of its energy requirements from renewable energy by 2030.
3. By the year 2070, India will achieve the target of Net Zero Emission

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:

  • India will reduce the total projected carbon emissions by one billion tons from now onwards by 2030.
  • India will meet 50 per cent of its energy requirements from renewable energy by 2030.
  • By the year 2070, India will achieve the target of Net Zero Emission.

Q2. Consider the following statements:

1. Basel norms aim at making most banking activities such as their trading book activities more capital-intensive.
2. The Basel III norms introduced in June 2010 brought the concept of operational risk for the first time in financial sector.

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

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

Answer: (A)

Explanation:

  • Basel norms aim at making most banking activities such as their trading book activities more capital-intensive.
  • The Basel–II accord articulated by Basel Committee on Banking Supervision (BCBS), Bank for International Settlement (BIS) introduced in June 2004 brought the concept of operational risk for the first time in financial sector lexicon.

Q3. Consider the following statements regarding National Land Monetisation Corporation:

1. NLMC will set up as a Public-Private partnership company with maximum shareholding by Private agencies.
2. NLMC will undertake monetization of surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other Government agencies.

Choose the correct option:

a) 1 only
b) 2only
c) both 1 and 2
d) none of these

Answer: (B)

Explanation:

  • NLMC will set up as a government-owned company with an initial authorized share capital of Rs5000 crore and paid-up share capital of ₹150 crore,
  • NLMC will undertake monetization of surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other Government agencies.

Q4. Consider the following statements:

1. International Atomic Energy Agency is the intergovernmental forum for scientific and technical co-operation in the nuclear field.
2. It was established after India’s first nuclear test in 1974.
3. It works for the safe use of nuclear weapons, limiting the damage.

Which of the statement/s given above is/are Correct:

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

Answer: (A)

Explanation : Established in 1956, the International Atomic Energy Agency is the world's central intergovernmental forum for scientific and technical co-operation in the nuclear field.

  • It works for the safe, secure and peaceful uses of nuclear science and technology, contributing to international peace and security and the United Nations' Sustainable Development Goals.

Q5. Which of the following can be the outcomes of pair learning?

1. Social intelligence
2. Critical Thinking
3. Social development
4. problem-solving skills

Choose the correct option:

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

Answer: (D)

Explanation: The outcomes of pair learning can be:

  • broadened perspective
  • sharper focus
  • problem-solving skills
  • social development
  • personality development
  • Social intelligence.
  • Critical Thinking.

Q6. Consider the following statements

1. Ministry of electronics and information technology (MeitY) is umbrella organisation for all digital payments.
2. UPI123Pay is a three-step method to initiate and execute services for users.

Which of the above statement is /are correct?

a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 and 2

Answer: (B)

Explanation: Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India (NPCI) facilitating inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions, introduced on 11th April 2016.

  • NPCI is umbrella organisation for all digital payments.
  • UPI123Pay is a three-step method to initiate and execute services for users.

Q7. Consider the following statements:

1. Electoral representation of woman in India is far behind the countries of Indian subcontinent.
2. The report on world’s woman is produced by the Statistics Division of the United Nations Department of Economic and Social Affairs.

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: (C)

Explanation:

  • India is currently behind Pakistan (106), Bangladesh (98) and Nepal (43) and ahead of Sri Lanka (182).
  • The report on world’s woman is produced by the Statistics Division of the United Nations Department of Economic and Social Affairs, the World’s Women report has been produced every five years since 1990 and provides the latest data on the state of gender equality worldwide.