Current Affairs MCQs for UPSC & State PSC Exams (17 March 2022)

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

Date: 17 March 2022

Q1. Consider the following statements about Circular Economy:

1. It involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible.
2. India has a highest recycling rate of PET among the major country of the world.

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

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

Answer: (C)

Explanation:

  • It involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible.
  • According to NCL (National Chemical Laboratory) and PACE (PET Packaging Association for Clean Environment), India has a 90 per cent recycling rate of PET, which is higher than Japan (72 per cent), Europe (48 per cent) and the United States (31 per cent). PET waste in India is recycled by the organised sector (65 per cent), unorganised sector (15 per cent) and reused at home (10 per cent).

Q2. Which of the following statements best describes ‘Fiscal Consolidation’?

a) Government agenda to reform loan disbursal mechanism of scheduled banks
b) Policies undertaken by Governments to bridge the deficit and debt.
c) Programme undertaken by Governments to disinvest PSUs for their effective working.
d) Scheduled banks action plan to recover the loans from non-performing assets.

Answer: (B)

Explanation: Fiscal consolidation refers to the ways and means of narrowing the fiscal deficit. A government typically borrows to bridge the deficit. It will then have to allocate a part of its earnings to service the debt.

Q3. Consider the following statements about Pradhan Mantri Fasal Bima Yojna PMFBY:

1. The PMFBY scheme is 100% voluntary for all farmers.
2. There isn’t any limit to Central Subsidy.

Select the correct statements:

A. 1only
B. 2 only
C. Both are correct
D. Both are incorrect

Answer: (A)

Explanation: The overhauled PMFBY has the following features:

  • Completely Voluntary: Enrolment 100% voluntary for all farmers from 2020 Kharif.
  • Limit to Central Subsidy: The Cabinet has decided to cap the Centre’s premium subsidy under the scheme for premium rates up to 30% for unirrigated areas/crops and 25% for irrigated areas/crops.
  • More Flexibility to States: The government has given the flexibility to states/UTs to implement PMFBY and given them the option to select any number of additional risk covers/features.

Q4. 'Doctrine of Essentiality’ is related to:

a. Fundamental Rights
b. Fundamental Duties
c. Governor’s Power
d. All the above

Answer: (A)

Q5. Consider the following statements regarding Nikshay Poshan Yojana:

1. It is centrally sponsored scheme under National Health Mission.
2. Under it financial incentive of Rs.5000 per year is provided for nutritional support.
3. It is provided as a relief for CoVID-19 impacted poor households.

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

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

Answer: (A)

Explanation: Nikshya Poshan Yozana is centrally sponsored scheme under National Health Mission (NHM), financial incentive of Rs.500/- per month is provided for nutritional support to each notified TB patient for duration for which the patient is on anti-TB treatment. Incentives are delivered through Direct benefit transfer (DBT) scheme to bank accounts of beneficiary.

Q6. Consider the following Statements -

1. At the COP26 India is committed to achieving 1000 GW of installed electricity capacity from non-fossil fuel sources by the year 2030.
2. India has the 4th largest wind power capacity in the world and 5th largest in solar power deployment
3. India contributes nearly 15% to the global cumulative capacity of 709.68 GW.

Select the correct Statement(s) using the code given below.

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

Answer: (B)

Explanation:

  • At the COP26 India is committed to achieving 500 GW of installed electricity capacity from non-fossil fuel sources by the year 2030.
  • India’s capacity additions rank the country fifth in solar power deployment, contributing nearly 6.5% to the global cumulative capacity of 709.68 GW.

Q7. The National Programme for Organic Production has been initiated by which ministry?

a) Ministry of External Affairs
b) Ministry of Agriculture and Farmers Welfare
c) Ministry of Commerce and Industries
d) Ministry of Science and Technology

Answer: (C)