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07th Oct, 2021 Current Affairs Quiz


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Q1. Which of the following are the factors considered behind the market determined exchange rates

1) Net foreign currency inflows

2) Growth rate of the economy

3) Commodity dependence of the economy on global supplies

4) Forex reserves

Select the correct answer code

A. 1, 2, 4

B. 1, 3, 4

C. 2, 3, 4

D. 1, 2, 3, 4


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Q2. Core Inflation does not indicate a price rise in which of these commodities

1) Consumer goods

2) Hydrocarbon fuel

3) Food products

4) IT products

Which of the above statements is/are correct

A. 1, 2, 3

B. 1, 4

C. 2, 3

D. 1, 3, 4


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Q3. Which of the following statements about Monetary Policy Framework Agreement is correct

A. It is an agreement between Government and Reserve Bank of India (RBI) on the maximum tolerable inflation rate that RBI should target to achieve price stability

B. It is an agreement between Government and Reserve Bank of India (RBI) on the minimum inflation rate that RBI should target to achieve growth

C. It is an agreement between Banks and Reserve Bank of India (RBI) to ensure that the changes in the Interest rates are passed on to the customers.

D. Both b and c


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Q4. The countries identified as megadiverse by Conservation International are

1) India

2) China

3) Russia

4) South Africa

Select the correct answer code

A. 1, 2, 3

B. 1, 2, 4

C. 2, 3, 4

D. 1, 2, 3, 4


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Q5. The nationalisation of banks was a watershed moment in the history of Indian banking. It coincided with:

A. Founding of the Reserve Bank of India (RBI)

B. Announcement of the first Industrial Policy

C. Founding of NABARD

D. None of the above


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Q6. The National Green Tribunal can hear cases related to which of the following Acts

1) The Water (Prevention and Control of Pollution) Act, 1974.

2) The Environment (Protection) Act, 1986.

3) The Biological Diversity Act, 2002.

4. Wildlife (Protection) Act, 1972

Which of the above statements is/are correct

A. 1, 2, 3

B. 2, 3, 4

C. 1, 2, 4

D. 1, 2, 3, 4


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Q7. Which of the following add/adds carbon dioxide to the carbon cycle on the planet Earth

1) Volcanic Eruptions

2) Respiration

3) Photosynthesis

4) Decay of Organic Matter

Select the correct answer code

A. 1, 3

B. 2 only

C. 1, 2, 4

D. 1, 2, 3, 4


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Q8. Hague Code of Conduct (HCOC), sometimes seen in news, is related to

A. Code of Conduct for civil servants working for United Nations

B. Prevention of the proliferation of ballistic missiles

C. Prohibition of the usage of biological weapons by the member countries

D. None of the above

Which of the above statements is/are correct:


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Q9. Survival International sometimes seen in news advocates the rights of

A. Trafficked human beings

B. Leprosy patients

C. Tribal people

D. Refugees

Select the correct answer code


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Q10. Which of the following countries are members of both BIMSTEC and ASEAN

1) Myanmar

2) Cambodia

3) Thailand

4) Bhutan

Select the correct answer code:

A. 1, 2, 3

B. 1, 3, 4

C. 1, 3

D. 2, 3, 4