Current Affairs MCQs for UPSC & State PSC Exams (24 June 2022)

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

Date: 24 June 2022

Q1. Consider the following statements:

1. Recently Food and Agriculture Organization adopted a sustainability-driven trade agreement called the Agreement on Fisheries Subsidies (AFS).
2. India is the largest subsidy provider for large-scale fishing and fishing in distant waters worldwide.

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: (D)

Explanation:

  • Finally at twelfth ministerial conference of the World Trade Organisation (WTO) adopted a sustainability-driven trade agreement called the Agreement on Fisheries Subsidies (AFS).
  • India provided subsidies worth a mere $277 million in 2018, in sharp contrast to the top five subsidisers (China, EU, US, South Korea, and Japan, whose subsidies range from $7,261-$2,860 million respectively), prove the discrepancies

Q2. Consider the following statements about National Infrastructure Pipeline (NIP) :

1. The government has launched the National Infrastructure Pipeline for period of 2020-2030.
2. The NIP covers both Greenfield and Brownfield projects for investments.
3. It has drawn plans to invest more than ₹102 lakh crore on infrastructure projects, with the Centre, States and the private sector to share the capital expenditure in a 50:25:25 formula.

Which of the above statement/s is/are not correct?

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

Answer: (C)

Explanation:

  • NIP is a first-of-its-kind, government exercise to provide world-class infrastructure across the country, and improve the quality of life for all citizens during the period FY 2020-2025. Hence, the first statement is incorrect.
  • It has drawn plans to invest more than ₹102 lakh crore on infrastructure projects, with the Centre, States and the private sector to share the capital expenditure in a 39:39:22 formula. Hence, the third statement is also incorrect.
  • It covers both brownfield and greenfield projects.

Q3. Consider the following statements regarding the Pre-Legislative Consultation Policy:

1. It is a process through which citizens engage with the government by providing feedback and comments on policies and draft bills.
2. It mandates that every Ministry must place draft bills in the public domain for comments/feedback for 30 days.

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:

  • In 2014, the Pre-Legislative Consultation Policy was adopted, mandating a host of rules, including that whenever the Government makes any law, it must place a draft version of it in the public domain for at least 30 days.
  • The policy also says that along with the draft, a note explaining the law in simple language and justifying the proposal, its financial implication, impact on the environment and fundamental rights, a study on the social and financial costs of the bill, etc. should be uploaded.
  • The respective departments should also upload the summary of all the feedback that they receive on the circulated draft.

Q4. Consider the following statements

1. In India, the fuel retailing market follows Administered Price Mechanism.
2. In India, State-run companies have fewer retail stores than Private fuel retailers.

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

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Answer: (D)

Explanation:

  • In India, a Market-linked Fuel pricing mechanism is followed.
  • The majority of fuel retail stores are run by state-run companies.

Q5. Consider the following statements about Indian railways:

1. The Indian Railways is the world’s 4th largest railway network.
2. The Tejas Express on the Lucknow-Delhi route was first experience of running a train by non-railway operator.
3. Indian Railway is constructing the world’s highest rail arch bridge with steel and concrete over the Jhelum river.

Which of the above statements is/are Not correct?

a) 1 only
b) 2 only
c) 3 only
d) Neither of the above

Answer: (C)

Explanation:

  • The Indian Railways is the world’s 4th largest railway network, followed by the US, China and Russia. Statement 1 is correct.
  • The Tejas Express on the Lucknow-Delhi route launched in 2019 was Railways’ first experience of running a train by non-railway operator and its own subsidiary IRCTC. Statement 2 is correct.
  • Indian Railway is constructing the world’s highest rail arch bridge with steel and concrete over the Chenab river. Statement 3 is not correct.