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2nd Dec, 2021 Current Affairs Quiz

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Q1. Consider the following statements regarding Model code of conduct (MCC)

1) This code is based on consensus among political parties.

2) It is part of the Representation of the People Act 1951.

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Q2. Substantive equality adopted by some countries, means that

A. All people must be equally treated at all times.

B. Absolute equality in all spheres and to every person

C. Providing equal opportunities for disadvantaged and marginalized groups

D. Abolition of all special rights and privileges

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Q3. Jaapi, Xorai and Gamosa are primarily associated with which state

A. Manipur

B. Nagaland

C. Assam

D. Mizoram

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Q4. Shigmo, a harvest festival is mainly celebrated in

A. Goa

B. Assam

C. Maharashtra

D. Tripura

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Q5. ShadowPad, recently seen in news is a

A. Superbug (biotic)

B. Malware

C. Bovine infection

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Q6. Consider the following statements regarding Dividend Distribution Tax

1) Dividend Distribution Tax (DDT) is the tax imposed by the Government on domestic companies which pay dividends to their investors.

2) DDT is part of and included in the income tax liability of a Company.

3) Dividend distribution tax is not applicable on mutual funds

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Q7. Consider the following statements regarding New Development Bank

1) The New Development Bank (NDB) is a multilateral development bank established by the BRICS states.

2) The state governments in India can seek loan assistance from NDB

3) India is the second largest shareholder of the NDB.

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Q8. Consider the following statements about Wholesale Price Index (WPI) and the Consumer Price Index (CPI) inflation

1) The weight of food in CPI is far higher than in WPI.

2) Both capture price changes of services.

3) Both are released by Central Statistical Organisation (CSO).

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Q9. Consider the following statements regarding the Nipah Virus:

1) Nipah Virus was 2010 at Kampung Sungai Nipah village, Malaysia

2) Currently, there are no vaccines for both humans and animals.

3) It was established in 1945 and headquartered in Geneva

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Q10. The major traits of recession are

1) There is a general fall in demand

2) Inflation remains lower

3) Employment rate falls

4) Industries resort to price cuts