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Current Affairs Questions

Merchant Discount Rate

With reference to the Merchant Discount Rate (MDR), consider the following statements:

  1. MDR is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments.
  2. MDR compensates the card issuing bank, the lender which puts the PoS terminal and payment gateways such as Mastercard or Visa for their services.
  3. MDR charges are usually shared in pre-agreed proportion between the bank and a merchant and is expressed in percentage of transaction amount.

Choose the correct answer from the codes given below:

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

Ghataprabha River

Consider the following statements with reference to the Ghataprabha River:

  1. Flowing through the states of Maharashtra, Andhra and Karnataka, Ghataprabha (river is an important tributary of the Godavari River.
  2. Hiranyakeshi and Markandeya River are tributaries of Ghataprabha.

Choose the correct answer from the codes given below:

A
Only 1
B
1 and 2
C
Only 2
D
Both 1 and 2

Microdot Technology

Consider the following statements with reference to the Microdot Technology:

  1. Microdot technology involves spraying the body and parts of the vehicle or any other machine with microscopic dots, which give a unique identification.
  2. The microdots and adhesive will become permanent fixtures/affixation which cannot be removed without damaging the asset i.e. the vehicle itself.

Choose the correct answer from the codes given below:

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

National Broadband Mission

With reference to the National Broadband mission, consider the following statements:

  1. The project involves laying down around 30 Lakhs kilometer route Optical Fiber Cable, increase tower density from 0.42 to 1.0 tower per thousand of population by 2024.
  2. It envisages an investment of Rs.8 lakh crore in next 5 years from both government and industry to connect the country digitally at a faster pace.

Choose the correct answer from the codes given below:

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

Quick Reaction Surface To Air Missile

With reference to the Quick Reaction Surface to Air Missile (QRSAM), consider the following statements:

  1. QRSAM is an all-weather, all-terrain surface-to-air missile equipped with electronic counter measures against jamming by aircraft radars.
  2. It uses both solid and liquid fuel propellant and has a strike range of 25-30 km with capability of hitting multiple targets.

Choose the correct answer from the codes given below:

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

Organisation Of Islamic Cooperation

Consider the following statements with reference to Organisation of Islamic Cooperation (OIC):

  1. The Organization was established upon a decision of the historical summit which took place in Rabat, Kingdom of Morocco in 1969, following the criminal arson of Al-Aqsa Mosque in occupied Jerusalem.
  2. The Organisation of Islamic Cooperation (OIC) is the second largest inter-governmental organization after the United Nations with a membership of 58 countries, including Pakistan.

Choose the correct answer from the codes given below:

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

Hoolock Gibbon

Consider the following statements with reference to the Hoolock Gibbon:

  1. The Hoolock Gibbon is the only ape found in India.
  2. Two species of Hoolock Gibbon are found inhabiting the Indian forests.
  3. Of the two, the Western Hoolock is listed as Vulnerable in the IUCN RedList, while the Eastern Hoolock is listed as Endangered.

Choose the correct answer from the codes given below:

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

Konda Reddi Tribe

With reference to the Konda Reddi Tribe, consider the following statements:

  1. Konda Reddis inahbits on the banks situated on either side of river Godavari in the hilly and forest tracts of East and West Godavari River.
  2. Konda Reddis have been recognized as Particularly Vulnerable Tribal Groups by the Ministry of Tribal Affairs.

Choose the correct answer from the codes given below:

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

Ujwal Discom Assurance Yojana

Consider the following statements with reference to the Ujwal Discom Assurance Yojana (UDAY) scheme:

  1. Launched in 2015, under the scheme the state governments were to take over 75 percent of the utilities debts and include it in their fiscal deficit calculations.
  2. UDAY also requires discoms to maintain commercial sustainability, and bring down the gap between average cost of supply (ACS) and average revenue realized (ARR) to zero.

Choose the correct answer from the codes given below:

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

United Nations Convention On The Law Of The Sea

With reference to the United Nations Convention on the Law of the Sea (UNCLOS), consider the following statements:

  1. UNCLOS is an international treaty, signed in 1982, which replaced the four Geneva Conventions of April, 1958.
  2. It divides marine areas into four zones namely- Internal Waters, Territorial Sea, Contiguous Zone, and Exclusive Economic Zone (EEZ).

Choose the correct answer from the codes given below:

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