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26th Nov, 2021 Current Affairs Quiz

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1. The practice of kurki was banned by the Punjab government. Kurki refers to

a. Stubble Burning

b. A Prescription Drug

c. Attachment of farmers’ land by banks in the event of non-payment of lon

d. None of the above

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2. Consider the following statements regarding Market Intervention Scheme (MIS)

1) The Market Intervention Scheme (MIS) is the price support announced by the Government of India at the beginning of the sowing season for horticultural commodities and other agricultural commodities which are perishable in nature

2) It provides remunerative prices to the farmers in case of glut in production and fall in prices.

Which of the above statements is/are correct

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3. Consider the following statements regarding Advisory Board for Banking Frauds (ABBF):

1) Advisory Board for Banking Frauds (ABBF) is been constituted by the RBI to examine bank fraud of over ₹50 crore and recommend action.

2) It would function as the first level of examination of all large fraud cases before references are made to the investigative agencies.

3) It would also give inputs for policy formulation related to the fraud to the RBI.

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4. Which of the following are the possible implications when a country adopts negative rate policy:

1) Increases borrowing costs.

2) Help weaken a country’s currency rate by making it a less attractive investment than that of other currencies.

3) Boosts Inflation

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5. Which of the following are the members of BASIC countries:

1) Brazil

2) Australia

3) South Africa

4) Indonesia

5) China

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6. Consider the following statements:

1) Flue-gas desulfurization technology is used to reduce air pollution from coal power plants.

2) The largest source of SO2 in the atmosphere is through vehicular pollution

Which of the above statements is/are correct:

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7. “Web- Wonder Women” Campaign recently seen in news is related to

a. Recognising the achievements made by women led start-ups

b. Acknowledge the efforts of women doctors serving in rural areas.

c. Making women as brand ambassadors for schemes related to women

d. Celebrating women who have impacted society through social media.

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8. “Colistin”, recently seen in news is a

a. Cryptocurrency

b. Dragon tree species

c. Antibiotic

d. Herbicide

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9. An Agricultural produce market committee (APMC) is established by the

a. Farmer Produce Organizations (FPOs

b. Authorized Local area Vendors (ALAVs)

c. State Government

d. Local Government

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10.The Ministry of Home Affairs (MHA) can designate individuals as “terrorists” under which of the following provisions

a. National Security Act, 1980

b. Prevention of Terrorism Act, 2002

c. The Unlawful Activities (Prevention) Amendment Act, 2019

d. Only organisations can be designated as terrorist and not individuals