Current Affairs MCQs for UPSC & State PSC Exams (19 April 2022)

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

Date: 19 April 2022

Q1. Recently the term 'Confidentiality Ring' was in the News. It is related to the :

a) UN charter for discussing confidential matters like wars, genocide etc.
b) WTO where developed countries confidentially ringed together to protect their interests.
c) Competition Commission of India to protect the reputation of parties involved in the disputes.
d) None of the Above

Answer: (C)

Explanation: Related to Competition Commission of India to protect the reputation of parties involved in the disputes.

Q2. Which of the following country does not surround Black Sea?

a) Belarus
b) Georgia
c) Bulgaria
d) Romania

Answer: (A)

Explanation: Six countries border with the Black Sea, including Ukraine to the north, Russia and Georgia to the east, Turkey to the south, and Bulgaria and Romania to the west.

Q3. Consider the following statements with respect to urban cooperative banks in India:

1. They are registered under the State’s Cooperative Societies Act.
2. They are supervised and regulated by local boards set up by state governments
3. They can issue equity shares and preference shares.

Chose the correct option:

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

Answer: (C)

Explanation: Urban Cooperative Banks

  • They are registered under the Cooperative Societies Act of the state concerned or the multi state cooperative societies act, 2002.
  • They are regulated by RBI under banking Regulation Act 1949
  • With the prior approval of RBI,they can issue equity shares, preferential shares, or special shares to its members or to any any other person residing within its area of operation by way of public issue or private placements. Hence, statement 2 is incorrect.

Q4. Consider the following statements about Hybrid Annuity Model (HAM) of Public - Private Partnership:

1. It is a partnership in which the total cost of the infrastructure project is borne by the government.
2. Under the model, the private entity responsible for the construction of the project is allowed to collect tolls to recover its investment.

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: (A)

Explanation: Hybrid Annuity Model

  • 40% of the project cost is to be provided by the government as construction support during the construction period and balance 60% as annuity payments over the operation period along with interest therein to the concessionaire.
  • Toll fee collection from the highway projects developed under the HAM is the responsibility of the government.

Q5. Consider the following statements:

1. Self-reliance is the essence of the Atmanirbhar Bharat initiative.
2. Empowerment of women is core of the Pradhan Mantri Jan-Dhan Yojana (PMJDY).

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:

  • Self-reliance is the essence of the Atmanirbhar Bharat initiative.
  • Empowerment of women is core of the Pradhan Mantri Jan-Dhan Yojana (PMJDY) under which about 50 crore bank accounts have been opened to enable financial inclusion and empowerment.

Q6. Consider the following statements.

1. The Online Gaming (Regulation) Bill, 2022 aims at preserving integrity in online gaming and prohibits any sort of gambling.
2. Every state in India prohibits any sort of gambling, betting or wagering on games of chance.

Which of the above statement(s) is/are correct?

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

Answer: (D)

Explanation:

  • The Online Gaming (Regulation) Bill, 2022, which was introduced in the Lok Sabha on 1 April 2022, aims at preserving integrity in online gaming and introducing a regulatory regime for online gaming, as has been mentioned in the Statement of Objects and Reasons of the Bill.
  • Every state in India, except Goa, Sikkim, and the Union Territory of Daman explicitly prohibits any sort of gambling, betting or wagering on games of chance.

Q7. Consider the following statements

1) Education is a state subject (List II of 7th Schedule)
2) It was moved to state list by 42nd Constitutional Amendment Act 1976

Which of the following is/are correct?

A) 1 only
B) 2 only
C) Both
D) Neither

Answer: (D)

Explanation:

  • It is mentioned in List III of 7th Schedule (Concurrent List)
  • It was moved to Concurrent list (from State List) by 42nd Constitutional Amendment Act 1976