Current Affairs Questions

Current Affairs :

UNNATEE

Consider the following statements with respect to UNNATEE.

  1. It is a scheme being implemented by the Ministry of Finance.
  2. The primary objective would be to reduce poverty in the country.

Which of the statements given above is/are correct?

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

India Cooling Action Plan

Consider the following statements with respect to India Cooling Action Plan:

  1. Reduce cooling demand across sectors by 20% to 25% by 2037-38.
  2. Reduce cooling energy requirements by 25% to 40% by 2020.
  3. It will help skilled workforce for better livelihoods and environmental protection.

Select the correct answer using the codes given below:

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

Forex Swap

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

Forex Swap

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

FDI & FII

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

Monetary Policy Committee

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

Beti Bachao Beti Padhao

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

Energy Transition Index

Consider the following statements:

  1. Energy Transition Index is released by the International Energy Association.
  2. The index takes into account four individual indicators for preparing the rankings of different countries.
  3. The title of 2019 Index is- Fostering Effective Energy Transition.
  4. According to the Index, India is ranked at 76th on a global energy transition index.

Which of the statements given above is/are correct?

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

Insolvency And Bankruptcy Board Of India (IBBI)

Consider the following statements:

  1. The Insolvency and Bankruptcy Board of India (IBBI) was established on 1st October, 2016 under the Insolvency and Bankruptcy Code, 2016.
  2. IBBI has 8 members, including representatives from the Ministries of Finance and Law and the Reserve Bank of India.
  3. It functions under Ministry of Finance.
  4. IBBI has also been designated as the ‘Authority’ under the Companies (Registered Valuers and Valuation Rules), 2017 for regulation and development of the profession of valuers in the country.

Which of the statements given above is/are correct?

A
1 and 2
B
2 and 3
C
1 and 4
D
None of the above

SWIFT

Recently a term SWIFT was in news. Which of the following is true about SWIFT?

A
It is a Belgium-based secure financial messaging service, which is used by banking and securities organizations all over the world, to transmit instructions, or information, on financial transactions
B
It is the name of new generation Space Launch Vehicle developed by NASA for its future space programme
C
It is the new Surface to Air Missile developed by DRDO, having the striking range of more than 5000 km.
D
It is a new Air Quality measuring application developed by IMD
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