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Puucho CURRENT AFFAIRS QUIZ 2022
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The following Quiz is based on the Hindu, PIB and other news sources. It is a current events based quiz. Solving these questions will help retain both concepts and facts relevant to UPSC IAS civil services exam.
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| Pos. | Name | Entered on | Points | Result |
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Question 1 of 5
1 points
Consider the following statements about the elections to the Panchayats:
- The elections to Panchayats are conducted by the State Election Commission which is subordinate to the Central election Commission.
- A person who is not qualified to contest a state assembly election cannot contest local body elections too.
Which of the above statements is/are correct?
CorrectSolution: d)
A person of the age 21 is not qualified to fight a state assembly election, but can fight a local body election.
The State Election Commission is not subordinate to the Central election Commission in the same way as the states are not subordinates to the center.
IncorrectSolution: d)
A person of the age 21 is not qualified to fight a state assembly election, but can fight a local body election.
The State Election Commission is not subordinate to the Central election Commission in the same way as the states are not subordinates to the center.
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Question 2 of 5
1 points
Core Inflation does not indicate a price rise in which of these commodities?
- IT products
- Food products
- Hydrocarbon fuel
- Consumer goods
Select the correct answer code:
CorrectSolution: c)
Core Inflation is a measure of inflation which excludes items that face volatile price movement, notably food and energy. In other words, Core Inflation is nothing but Headline Inflation minus inflation that is contributed by food and energy commodities.
IncorrectSolution: c)
Core Inflation is a measure of inflation which excludes items that face volatile price movement, notably food and energy. In other words, Core Inflation is nothing but Headline Inflation minus inflation that is contributed by food and energy commodities.
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Question 3 of 5
1 points
Clearances by which of the following authorities are required for the interlinking of river projects?
- Central Water Commission
- Ministry of Environment, Forestand Climate Change
- Ministry of Tribal Affairs
- Central Empowered Committee
Select the correct answer code:
CorrectSolution: c)
Generally, 4-5 types of clearances are required for the interlinking of river projects. These are: Techno-economic (given by the Central Water Commission); Forest Clearance and Environmental clearance (Ministry of Environment & Forests); Resettlement and Rehabilitation (R&R) Plan of Tribal Population (Ministry of Tribal Affairs) and Wildlife clearance (Central Empowered Committee).
IncorrectSolution: c)
Generally, 4-5 types of clearances are required for the interlinking of river projects. These are: Techno-economic (given by the Central Water Commission); Forest Clearance and Environmental clearance (Ministry of Environment & Forests); Resettlement and Rehabilitation (R&R) Plan of Tribal Population (Ministry of Tribal Affairs) and Wildlife clearance (Central Empowered Committee).
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Question 4 of 5
1 points
Global Assessment Report on Biodiversity and Ecosystem Services is a report by
CorrectSolution: b)
The first ever Global Assessment Report on Biodiversity and Ecosystem Services, which assessed the status of biodiversity on the planet, said that the rate of decline in biodiversity is lower in areas where indigenous people own land.
The Global Assessment Report on Biodiversity and Ecosystem Services is a report by the United Nations’ Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, on the global state of biodiversity.
IncorrectSolution: b)
The first ever Global Assessment Report on Biodiversity and Ecosystem Services, which assessed the status of biodiversity on the planet, said that the rate of decline in biodiversity is lower in areas where indigenous people own land.
The Global Assessment Report on Biodiversity and Ecosystem Services is a report by the United Nations’ Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services, on the global state of biodiversity.
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Question 5 of 5
1 points
Which of the following tools are used by the RBI to control Inflation?
- Bank rate
- Moral Suasion
- Liquidity Adjustment Facility
- Open Market Operations
Select the correct answer code:
CorrectSolution: d)
Tools for inflation targeting:
- Liquidity Adjustment Facility-With this RBI controls the money supply in the economy. These interest rates and inflation rates tend to move in opposite directions.
- Open Market Operations– RBI buys or sells short-term securities in the open market, thus impacting money available with the public.
- Variable Reserve Requirement-Cash Reserve Ratio (CLR) and the Statutory Liquidity Ratio (SLR) are increased or decreased in accordance with inflation or deflation respectively.
- Bank rate– It is the rate at which RBI lends money to commercial banks without any security. When bank rate is increased interest rate also increases leading to inflation.
- Moral Suasion– If there is a need RBI can urge the banks to exercise credit control at times to maintain the balance of funds in the market.
IncorrectSolution: d)
Tools for inflation targeting:
- Liquidity Adjustment Facility-With this RBI controls the money supply in the economy. These interest rates and inflation rates tend to move in opposite directions.
- Open Market Operations– RBI buys or sells short-term securities in the open market, thus impacting money available with the public.
- Variable Reserve Requirement-Cash Reserve Ratio (CLR) and the Statutory Liquidity Ratio (SLR) are increased or decreased in accordance with inflation or deflation respectively.
- Bank rate– It is the rate at which RBI lends money to commercial banks without any security. When bank rate is increased interest rate also increases leading to inflation.
- Moral Suasion– If there is a need RBI can urge the banks to exercise credit control at times to maintain the balance of funds in the market.
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