Current Affairs MCQs for UPSC & State PSC Exams (25 January 2022)

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

Date: 25 January 2022

Q1. A white paper on Vision 2035: Public Health Surveillance in India was released by which prominent organisation:

A. World Bank
B. NITI Aayog
C. Amnesty International
D. SIPRI

Answer: (B)

Explanation: NITI Aayog released a white paper, “Vision 2035: Public Health Surveillance in India” which is envisaged to serve as a vision document to propel Public Health Surveillance (PHS) in India and establish India as a global leader in the area.

Q2. Consider the following statements about Antimicrobial resistance:

1. India has been referred to as the AMR capital of the world.
2. AMR is a leading cause of death globally, higher than HIV/AIDS or malaria.
3. World Antibiotic Awareness Week is the initiative of FAO to increase global awareness of antibiotic resistance in Food.

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: (A)

Explanation:

  • India has been referred to as the AMR capital of the world.
  • AMR is a leading cause of death globally, higher than HIV/AIDS or malaria.
  • The World Health Organization has promoted the first World Antibiotic Awareness Week running from 16 to 22 November 2015.

Q3. Consider the following statements regarding corporate tax:

1. Corporate tax is the indirect tax which is levied on the income of the domestic and foreign companies that arose in India.
2. The new corporate tax rates in India is much lower than USA.

Choose the correct option:

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

Answer: (B)

Explanation:

  • Corporate tax is the direct tax which is levied on the income of the domestic and foreign companies that arose in India.
  • The new corporate tax rates in India is much lower than USA (27%), Japan (30.62%), Brazil (34%), and Germany (30%) and for the new firms the tax rate is similar as of Singapore (17%).

Q4. Consider the following statements regarding the proposed Star Rating System for environmental clearances:

1. The ranking system is based on the provisions of EIA (Environment Impact Assessment) Notification 2006.
2. It spells out seven criteria to rate State Environment Impact Assessment Authorities (SEIAAs) on “transparency, efficiency and accountability”.

Select the correct answer using the code given below.

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

Answer: (C)

Explanation:

  • The ranking system is based on the provisions of EIA (Environment Impact Assessment) Notification 2006.
  • It spells out seven criteria to rate State Environment Impact Assessment Authorities (SEIAAs) on “transparency, efficiency and accountability”.

Q5. Consider the following statements about Electronics Industry in India:

1. Manufacturing output of electronics sector in India is on increasing trend from financial year 2015 to 2020.
2. India is the largest manufacturer of mobile phones in the world.

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:

  • Manufacturing output of electronics sector in India is on increasing trend from financial year 2015 to 2020
  • India is the second largest manufacturer of mobile phone in the world.

Q6. With reference to the Indian economy, demand-pull inflation can be caused / increased by which of the following?

1. Rising interest rates
2. Fiscal stimulus
3. Higher purchasing power
4. Expansionary policies

Select the correct answer using the code given below.

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

Answer: (B)

Explanation:

  • The rising interest rate - It decreases the money supply in the economy. This may result in a credit crunch in the economy. It is costlier to borrow money in the economy and it leads to a decreased money supply. So, it can not cause demand-pull inflation in the economy
  • Due to fiscal stimulus - It includes increased government consumption or lowering of taxes.
  • Higher purchasing Power - When consumers feel confident, they spend more and take on more debt. This leads to a steady increase in demand, which means higher prices.
  • When the government spends more freely, prices go up. Expansionary policies lead to more economic activity via low-interest rates, more money with the public etc.