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22nd Sep, 2021 Current Affairs Quiz


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Q1. 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.

Select the correct code

A. 1, 2

B. 1 only

C. 1, 3

D. 2, 3


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Q2. 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.

Which of the above statements is/are correct

A. 1 only

B. 1, 3

C. 2, 3 only

D. 1, 2, 3


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Q3. 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).

Which of the above statements is/are incorrect:

A. 1, 2

B. 1, 3

C. 2, 3

D. 1, 2, 3


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Q4. Which of the following activities releases carbon dioxide into the atmosphere

1) Respiratory activities of the producers and consumers.

2) Processing of waste materials by Decomposers.

3) Forest Fire

4) Combustion of organic matter

5) Volcanic activity

Which of the above statements is/are correct:

A. 1, 2, 3, 4

B. 1, 3, 4, 5

C. 2, 3, 4, 5

D. 1, 2, 3, 4, 5


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Q5. Which among the following is the main constituents of Biogas

A. Methane and Carbon Dioxide

B. Methane and Nitrogen

C. Methane and Hydrogen

D. Methane and Hydrogen Sulfide

Which of the above statements is/are correct:


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Q6. Consider the following statements regarding “The Climate and Clean Air Coalition”:

1) It is a voluntary partnership of governments and intergovernmental organizations, businesses, scientific institutions and civil society organizations.

2) India is a state partner of this coalition.

3) Coalition’s initial focus is on pollutants like methane, black carbon and HFCs.

Select the correct code:

A. 1 only

B. 2, 3

C. 1, 3

D. 1, 2, 3


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Q7. Consider the following statements regarding the funding of World Health Organisation (WHO)

1) WHO gets its funding from Member States paying for their membership dues and voluntary contributions from Member States and other partners.

2) The WHO Foundation, a legal entity of WHO facilitates contributions from the general public, individual major donors and corporate partners to WHO.

3) For the 2018/2019 biennium, USA was the top contributor to WHO.

Which of the above statements is/are correct

A. 1, 2

B. 1, 3

C. 2, 3

D. 1, 2, 3


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Q8. Consider the following statements

1) The Generalized System of Preferences (GSP) is a preferential tariff system wherein differential tariff could be imposed by a nation on various countries depending upon factors such as whether it is a developed country or a developing country.

2) Generalized System of Preferences is outside the purview of WTO

3) India has an untapped export potential in the European Union (EU) and is among the least beneficiaries of the EU’s GSP.

Which of the above statements is/are correct:

A. 1 only

B. 1, 2

C. 1, 3

D. 1, 2, 3


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Q9. Which of the following are recognised as "Three Sisters" by the World Trade Organization's (WTO) Sanitary and Phytosanitary Measures (SPS) Agreement

1) International Plant Protection Convention (IPPC)

2) Codex Alimentarius Commission

3) Pacific Plant Protection Organization

4) World Organization for Animal Health (OIE)

Select the correct answer code:

A. 1, 2, 3

B. 1, 2, 4

C. 2, 3, 4

D. 2, 4


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Q10. Eastern Economic Forum, sometimes seen in news is the initiative of

A. China

B. Japan

C. Russia

D. South Korea