Current Affairs MCQs for UPSC & State PSC Exams (18 January 2022)

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

Date: 18 January 2022

Q1. Consider the following statements about Inequality Kills Report:

1. During pandemic the world’s 10 richest men have doubled their fortunes.
2. The number of Indian billionaires shrink to 102 in 2021 from 142 in 2020.
3. The 10 richest men in the world own more than the bottom 3.1 billion people.

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

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

Answer: (C)

Explanation:

  • During pandemic the world’s 10 richest men have doubled their fortunes.
  • As per the report, the number of Indian billionaires grew to 142 in 2021 from 102 in 2020.
  • The 10 richest men in the world own more than the bottom 3.1 billion people.

Q2. With reference to ‘Livestock Census`, which of the statements is/are correct?

1. The Livestock Census has been conducted in the country periodically since 1919-20.
2. Recently, the 20th Livestock Census has been conducted by the Ministry of Fisheries, Animal Husbandry and Dairying.
3. Poultry possessed by households are not covered under the Livestock Census.

Select the correct answer using the code given below.

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

Answer: (A)

Explanation:

  • The Livestock Census has been conducted in the country periodically since 1919-20.
  • The 20th Livestock Census has been conducted by the Ministry of Fisheries, Animal Husbandry and Dairying.
  • Poultry possessed by households are covered under the Livestock Census.

Q3. Consider the following statements

1. Kalapani region falls in the trijunction between India, China and Nepal.
2. The Sugauli Treaty 1816 locates the river Kali as Nepal’s western boundary with India.
3. The region falls in Chamoli District of Uttarakhand.

Which of the above statements is/are correct ?

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

Answer: (B)

Explanation:

  • Kalapani is a region located in the easternmost corner of Uttarakhand’s Pithoragarh district. The area falls in the trijunction between India, China and Nepal.
  • Treaty of Sugauli was signed between the Gurkha rulers of Kathmandu and the East India Company after the Gurkha War/Anglo-Nepal War (1814-16).
  • The Sugauli Treaty locates the river Kali as Nepal’s western boundary with India

Q4. Consider the following Statements regarding Delimitation Commission:

1. It is a permanent body constituted under Article 82.
2. It is a high power body whose orders have the force of law and cannot be called in question before any court.
3. It is represented by Member of Parliament.

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

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

Answer: (B)

Q5. Consider the following statements about Special Drawing Rights:

1. The SDR dependent support is also indicative of less movement of Foreign Direct Investment towards the country.
2. It is the measure of changes in the price level of a basket of consumer goods and services bought by households.
3. Euro currency has largest weight in deciding the value of SDR.

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) 2 only

Answer: (A)

Explanation:

  • The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves
  • The present support of $17.86 billion in August 2021 by way of SDR has helped cushion the worsening current account deficit.
  • It is also indicative of the fact that the domestic business environment is failing to attract foreign direct investment.
  • SDRs being one of the components of foreign exchange reserves (FER) of a country,
  • US Dollar currency has largest weight in deciding the value of SDR.

Q6. Consider the following statements about Web 3.0:

1. Web 3.0 is the potential next phase of the internet wherein the internet will be run on block chain technology.
2. In Web 3.0, computers use HTTP in the form of unique web addresses to find information, which is stored at a fixed location, generally on a single server.
3. With Web 3.0, information and content are more connected and ubiquitous.

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

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

Answer: (A)

Explanation:

  • Web 3.0 is the potential next phase of the internet wherein the internet will be decentralised and run on block chain technology.
  • In Web 2.0, computers use HTTP in the form of unique web addresses to find information, which is stored at a fixed location, generally on a single server.
  • With Web 3.0, information and content are more connected and ubiquitous.