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17th Sep, 2021 Current Affairs Quiz


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Q1. Which of the following is not a non-tariff measure

A. Technical Barriers to Trade

B. Phytosanitary restrictions

C. Import licencing procedures

D. All of the above are non-tariff measures.

Which of the above statements is/are correct?


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Q2. Consider the following statements regarding Cryptocurrencies:

1) Cryptocurrencies are digital or virtual currencies in which encryption techniques are used to regulate the generation of their units.

2) In most of the countries they operate within the framework of central bank.

Select the correct answer code:

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2


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Q3. Which of the following was not the criteria used by 11th -14th Finance Commission to recommend allocation of resources to the states:

A. Fiscal discipline of the state

B. Forest Cover of the state

C. Area of the State

D. Poverty rate in the state

Which of the above statements is/are incorrect?

C. Both 1 and 2 only

D. Neither 1 or 2


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Q4. Which of the following committees suggested privatisation of some operations in Indian railways

A. Usha Thorat Committee

B. N Gopalaswami Committee

C. Subhash Garg Committee

D. Bibek Debroy committee

Select the correct answer code


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Q5. Consider the following statements about Election Commission:

1) Since inception, the Election Commission is a multi-member body consisting of three election commissioners

2) Election commissioner or a regional commissioner cannot be removed from office except on the recommendation of the chief election commissioner.

3) determine the territorial areas of the electoral constituencies throughout the country.

Select the correct answer code

A. 1, 2

B. 3 only

C. 2, 3

D. 1, 2


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Q6. The Rajya Sabha does not have a procedure for moving of

1) Adjournment motion

2) Censure motion

3) No-confidence motion

4) Fraudulent transactions by the borrower

Select the correct answer code

A. 1 only

B. 2 and 3 only

C. 1, 2, 3

D. 1, 3 only


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Q7. The Constitution contains not only the fundamental principles of governance but also detailed administrative provisions. This fact can be supported by looking up in which of the following provisions of the constitution:

1) Centre-state relations

2) Fifth and Sixth schedule

3) Appointment and functions of several constitutional bodies

Select the correct code:

A. 1, 2

B. 1, 3

C. 2, 3

D. 1, 2, 3


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Q8. 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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Q9. 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

Select the correct answer code:

A. 1 only

B. 2 only

C. Both 1 and 2

D. None of the above


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Q10. 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