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Current Affairs Test, 31 March - 6 April 2019

1.

Consider the following statements:

  1. Forex swap may lead to inflation in the Indian Economy.
  2. Forex swap may prompt banks to increase interest rate in the market.
  3. Forex swap can help the shadow banks in dealing with liquidity crunch.

Choose the correct answer from the code given below:

A
2 only
B
1 and 3 only
C
1, 2 and 3
D
1 and 2 only
2.

Which of the following are likely impact(s) of Forex Swap executed by RBI:

  1. It will lead to appreciation of currency.
  2. It will boost the forex reserve of RBI.
  3. It will lead to skewflation.

Choose the correct answer from the code given below:

A
2 only
B
2 and 3 only
C
1, 2 and 3
D
1 and 2 only
3.

Consider the following statements:

  1. Huge inflow of FDI will lead to depreciation of currency in India.
  2. Outflow of FIIs (Foreign Institution Investors) will lead to appreciation of currency.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
4.

Consider the following statements with respect to the Monetary Policy Committee (MPC)?

  1. It is a six member body that has to meet at least 4 times a year and is chaired by the RBI Governor.
  2. The rate is decided by voting and only in case of a tie, the chairman will have the second vote or casting vote.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
5.

Consider the following statements vis-à-vis ‘Beti Bachao Beti Padhao (BBBP)’ Campaign:

  1. The Ministry of Health & Family Welfare is the nodal ministry of this scheme at central level.
  2. It is a centrally sponsored scheme.
  3. The scheme is being implemented as a tri-ministerial convergent effort of the Ministry of Women and Child Development, Ministry of Health & Family Welfare along with Ministry of Home Affairs.

Choose the correct answer from the code given below:

A
2 only
B
3 only
C
1, 2 and 3
D
None of the Above
6.

Consider the following statements:

  1. Ideally short term bonds pay more interest rate compared to long term bonds.
  2. There is a proportional relationship between bond yield & maturity period in case of a normal yield curve.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
7.

Inverted Yield Curve generally signifies?

A
Growing Economy
B
Recession in Economy
C
Skewflation in Economy
D
Walking Inflation in Economy
8.

Consider the following statements with respect to the Phillip’s Curve:

  1. It represents inverse relationship between inflation rate and unemployment rate.
  2. It says that high levels of employment can be achieved only at high levels of inflation.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
9.

Phillip’s Curve can be used in which of the following?

  1. To plan monetary policy
  2. Central bank to keep eye on inflation
  3. Help the government to access the situation of unemployment in the country

Choose the incorrect answer from the code given below:

A
2 only
B
1, 2 and 3
C
1 and 2 only
D
None
10.

Consider the following statements about ‘Laffer Curve’:

  1. Its nature is hyperbolic when plotted between total revenue (Y-axis) & tax rate (X-axis).
  2. If tax rate is lower than the optimal value. Increasing the tax rate will lead to less revenue.
  3. The slope of the curve is positive in the region of tax rate more than the optimal value.

Choose the correct answer from the code given below:

A
2 only
B
2 and 3 only
C
1 and 2 only
D
None of the above.
11.

Consider the following statements about the EMISAT Mission:

  1. It is India’s first electronic surveillance satellite designed and developed by ISRO.
  2. It will circle the globe from pole to pole in 90 minutes.
  3. It will detect and gather intelligence from enemy radars across the borders.

Choose the correct answer from the code given below:

A
1 and 2 only
B
2 and 3 only
C
1, 2 and 3
D
None of these.
12.

Consider the following statements about the EMISAT Mission:

  1. The satellite is intended for electromagnetic spectrum measurement.
  2. It is modeled on Israeli spy satellite SARAL (Satellite with ARgos & ALtika)
  3. It is based on ISRO’s Indian Mini Satellite-2 (IMS2) bus platform.

Choose the correct answer from the code given below:

A
1 and 2 only
B
2 and 3 only
C
1, 2 and 3
D
1 only
13.

Consider the following statements about PSLVC45:

  1. It has deployed 2 strap-on motors in the launch.
  2. It is the first 2 orbit capability mission of ISRO.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
14.

Project Kautilya, sometimes seen in the news is related to?

A
Literacy for all
B
Doctrine adopted against Pakistan
C
Doctrine adopted against China
D
EMISAT Mission.
15.

Consider the following statements about the atmosphere of Earth:

  1. Ionosphere influences radio propagation to distant places on the Earth.
  2. Ionosphere coincides with the thermosphere.
  3. Heat transfer by convection is limited only to stratosphere.

Choose the correct answer from the code given below:

A
1 and 2 only
B
2 and 3 only
C
1, 2 and 3
D
1 only
16.

If Wetlands of International Importance is brought under ‘Montreaux Record’, what will it imply?

A
Changes in ecological character have occurred or are occurring or likely to occur in the future.
B
Survival of wetlands depends upon the cultural factors of the communities present in that region.
C
The country in which it is located shall enact a law to prohibit any human activity within 5 km from the edge of wetland.
D
It is given the status of a ‘World Heritage Site’.
17.

Match the following:

SpeciesIUCN
Batagur BaskaEndangered
Irrawaddy DolphinCritically Endangered
Fishing CatEndangered

Which among the following is correctly matched?

A
1 only
B
2 and 3 only
C
1, 2 and 3
D
None
18.

Consider the following statements about ‘Batagur Baska’:

  1. It is found only in fresh waters.
  2. It is omnivorous and is listed as ‘Critically Endangered’ as per the IUCN.
  3. A captive conservation breeding programme has been implemented in Kanha National Park.

Choose the correct answer from the code given below:

A
2 only
B
2 and 3 only
C
1, 2 and 3
D
1 and 2 only
19.

Which among the following are descriptions of ‘Wetlands’:

  1. It acts as lungs of the ecosystem.
  2. It acts as a shock absorber.
  3. It acts as natural sponge.

Choose the correct answer from the code given below:

A
2 only
B
2 and 3 only
C
1, 2 and 3
D
1 and 2 only
20.

Global Findex Database is brought by?

A
IMF
B
UNCTAD
C
World Bank
D
WTO
21.

Consider the following statements about ‘Komodo Dragons’:

  1. It is a species of lizard that is endemic to Atacama deserts.
  2. It is listed as ‘Critically Endangered’ as per the IUCN list.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
22.

Which of the following favours the coral reef formation?

  1. Shallow continental shelf
  2. Annual mean temperature of 40 degree and above
  3. Area near the mouth of the river, where it meets the ocean

Choose the correct answer from the code given below:

A
1 and 2 only
B
2 and 3 only
C
1, 2 and 3
D
1 only
23.

Vaan Island sometimes seen in the news is present in?

A
Arabian Sea
B
South China Sea
C
Atlantic Ocean
D
Bay of Bengal
24.

Consider the following statements:

  1. Modular Artificial Reef Structure or MARS that was used to deploy the artificial reef in Maldives uses crane to deploy the reefs.
  2. 3D printing can treat the ocean acidification and Coral Bleaching.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
25.

Consider the following statements vis-à-vis ‘Coral Reefs/Corals’:

  1. It is a ‘foundational species’ of the aquatic ecosystem.
  2. They are generally found on the mouth of the river as they don’t need the salinity.
  3. Coral reefs formation is an example of symbiotic relationship.

Choose the correct answer from the code given below:

A
1 and 2 only
B
2 and 3 only
C
1, 2 and 3
D
1 and 3 only
26.

Consider the following statements about ‘Neelakurinji’:

  1. It is found only in the Western Ghats.
  2. Nilgiri Hills gets its name from the Neelakurinji flowers.
  3. It is an invasive species of Strobilanthes family.

Choose the correct answer from the code given below:

A
1 and 2 only
B
2 and 3 only
C
1, 2 and 3
D
2 only
27.

Shola forests can be found in which of the following national park/ wildlife sanctuary/ hills?

  1. Kanha National Park.
  2. Betla National Park.
  3. Baba Budhangiri Hills.
  4. Palani hills

Choose the correct answer from the code given below:

A
1 and 2 only
B
1, 2 and 3 only
C
1, 2, 3 and 4
D
3 and 4 only
28.

Consider the following statements about ‘Neelakurinji’:

  1. It blossoms only once in 12 years.
  2. Dongaria Kondh tribals use it as a reference to calculate their age.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
29.

‘Lao Ong Mo’ & ‘Aoleng Manyu’ festivals are usually celebrated by which tribal groups?

A
Dongaria Kondh
B
Tiwa Tribes
C
Konyak Tribes
D
Chutiya Tribes
30.

Consider the following statements about the Konyak Tribes:

  1. They are present only in the state of Nagaland.
  2. The Konyaks were the last among the Naga tribes to accept Christianity.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
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