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30th Oct, 2021 Current Affairs Quiz


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Q1. Consider the following statements:

1) Headline inflation is a measure of the total inflation within an economy, excluding commodities such as food and energy prices.

2) The RBI Act was amended in 2016 for an inflation targeting framework, that had set a target for the RBI of 4% consumer price (CPI) index-based inflation, with a deviation of 2% on both sides, for five years.

Which of the above statements is/are correct:

A. 1 only

B. 2 only

C. Both

D. None


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Q2. Consider the following statements:

1) The four-member Monetary Policy Committee (MPC) of the RBI was constituted by the Central Government for the first time in 2016.

2) The implementation of a flexible inflation targeting framework by the MPC has a statutory basis.

Which of the above statements is/are correct:

A. 1 only

B. 2 only y

C. Both

D. None


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Q3. Consider the following statements:

1) India stood ahead of China in terms of honey production in 2017-18.

2) Beekeeping Development Committee under the Chairmanship of Bibek Debroy is setup to identify ways of advancing beekeeping in India.

Which of the above statements is/are correct:

A. 1 only

B. 2 only

C. both

D. none


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Q4. Consider the following statements about Utkarsh 2022

1) It is a three- year roadmap to improve regulation and supervision of the RBI.

2) It was finalised by the Ministry of Finance in consultation with the RBI Board.

Which of the above statements is/are correct:

A. 1 only

B. 2 only

C. both

D. none


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Q5. Tapan Ray Committee, recently seen in news is related to:

A. To spell out revival plans for Telecom sector.

B. Review Income-tax Act, 1961.

C. Review regulatory guidelines applicable to core investment companies (CICs).

D. None of the above


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Q6. MOSAiC mission, recently seen in news is related to:

A. Study of Arctic Climate.

B. Study outer corona of Sun.

C. First solar power spacecraft to orbit Jupiter.

D. None of the above


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Q7. Plan Bee, sometimes seen in news is related to:

A. Prevent speeding trains from hitting elephants crossing tracks

B. Distribution of honeybee colonies & beehives

C. Provide loans for setting up honey processing units.

D. None of the above

Select the correct answer code:


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Q8. Consider the following statements regarding Nirbhaya Fund for safety of women:

1) The Nirbhaya Fund was announced in Union Budget 2013with an initial corpus of ₹1,000 crore.

2) The key schemes under which the States have been allocated money include Emergency Response Support System, Central Victim Compensation Fund and Cyber Crime Prevention against Women and Children.

3) 3) Mizoram has emerged as the top state in terms of utilisation of money across various schemes under the Nirbhaya Fund.

Select the correct answer code:

A. 1, 3

B. 2, 3

C. Both 1 and 2

D. 1, 2, 3


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Q9. Consider the following statements regarding EQUIP programme:

1) EQUIP is an acronym for Economic Quality Upgradation and Improvement Programme

2) It is the initiative of Ministry of Finance to bridge the gap between policy and implementation

Which of the above statements is/are correct:

A. 1 only

B. 2 only

C. Both

D. None


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Q10. Which of the following are the water conservation interventions under the newly launched Jal Shakti Abhiyan

1) Water conservation and rainwater harvesting

2) Renovation of traditional and other water bodies

3) More Bore well for rural areas

4) Intensive afforestation

Select the correct answer code:

A. 1, 2, 3

B. 1, 2, 4

C. 1, 3, 4

D. 1, 2, 3, 4