Current Affairs Questions
International:
Bonds
Consider the following statements:
- Ideally short term bonds pay more interest rate compared to long term bonds.
- 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
Yield Curve
Inverted Yield Curve generally signifies?
A
Growing Economy
B
Recession in Economy
C
Skewflation in Economy
D
Walking Inflation in Economy
Phillip’s Curve
Consider the following statements with respect to the Phillip’s Curve:
- It represents inverse relationship between inflation rate and unemployment rate.
- 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
Phillip’s Curve
Phillip’s Curve can be used in which of the following?
- To plan monetary policy
- Central bank to keep eye on inflation
- 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
Laffer Curve
Consider the following statements about ‘Laffer Curve’:
- Its nature is hyperbolic when plotted between total revenue (Y-axis) & tax rate (X-axis).
- If tax rate is lower than the optimal value. Increasing the tax rate will lead to less revenue.
- 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.
Golan Heights
Golan Heights is surrounded by which of the following countries:
- Syria
- Jordan
- Israel
- Lebanon
Select the correct answer from below:
A
1 and 3
B
1, 2 and 3
C
2 and 3
D
1, 2, 3 and 4
Source: CSC May 2019
With reference to Financial Action Task Force (FATF) consider the following statements:
- It is a policy-making body that frames guidelines to combat money laundering and terrorist financing.
- India enjoys an ‘observer’ status at the FATF since 2006.
- The FATF lacks the power to directly enact its recommendations.
Which of the statements given above is/are correct?
A
1 and 2
B
2 and 3
C
1 and 3
D
1, 2 and 3
World Happiness Report
With reference to World Happiness Report, consider the following statements:
- The World Happiness Report is released by the Sustainable Development Solutions Network for the United Nations.
- World Happiness Day is observed on 20th March every year.
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
Dark Matter
Which of the following statements are correct with respect to Dark Matter?
- Dark Matter emits no light and cannot be seen directly
- Dark Matters are stars or planets.
- Astronomers do not detect gamma rays produced by them.
- Dark matter is black hole.
Select the correct answer using the codes given below:
A
2, 3 and 4
B
1, 3 and 4
C
1 and 3
D
1, 2, 3 and 4
Solar Tsunami
Consider the following statements with respect to Solar Tsunami:
- The Sun’s magnetic field, from which sunspots gets generated, wraps around the sun in the east-west direction.
- At the end of a solar cycle, magnetic dam can break, releasing huge amounts of plasma cascading like a tsunami towards the equator.
- The tsunami waves travel at high speeds of about 1,000 km per hour carrying excess plasma to the upper-latitudes.
Select the correct answer using the codes given below:
A
1 and 3
B
Only 1
C
1, 2 and 3
D
2 and 3
Bonds
Consider the following statements:
- Ideally short term bonds pay more interest rate compared to long term bonds.
- 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
|
Yield Curve
Inverted Yield Curve generally signifies?
A |
Growing Economy
|
|
B |
Recession in Economy
|
|
C |
Skewflation in Economy
|
|
D |
Walking Inflation in Economy
|
Phillip’s Curve
Consider the following statements with respect to the Phillip’s Curve:
- It represents inverse relationship between inflation rate and unemployment rate.
- 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
|
Phillip’s Curve
Phillip’s Curve can be used in which of the following?
- To plan monetary policy
- Central bank to keep eye on inflation
- 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
|
Laffer Curve
Consider the following statements about ‘Laffer Curve’:
- Its nature is hyperbolic when plotted between total revenue (Y-axis) & tax rate (X-axis).
- If tax rate is lower than the optimal value. Increasing the tax rate will lead to less revenue.
- 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.
|
Golan Heights
Golan Heights is surrounded by which of the following countries:
- Syria
- Jordan
- Israel
- Lebanon
Select the correct answer from below:
A |
1 and 3
|
|
B |
1, 2 and 3
|
|
C |
2 and 3
|
|
D |
1, 2, 3 and 4
|
Source: CSC May 2019
With reference to Financial Action Task Force (FATF) consider the following statements:
- It is a policy-making body that frames guidelines to combat money laundering and terrorist financing.
- India enjoys an ‘observer’ status at the FATF since 2006.
- The FATF lacks the power to directly enact its recommendations.
Which of the statements given above is/are correct?
A |
1 and 2
|
|
B |
2 and 3
|
|
C |
1 and 3
|
|
D |
1, 2 and 3
|
World Happiness Report
With reference to World Happiness Report, consider the following statements:
- The World Happiness Report is released by the Sustainable Development Solutions Network for the United Nations.
- World Happiness Day is observed on 20th March every year.
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
|
Dark Matter
Which of the following statements are correct with respect to Dark Matter?
- Dark Matter emits no light and cannot be seen directly
- Dark Matters are stars or planets.
- Astronomers do not detect gamma rays produced by them.
- Dark matter is black hole.
Select the correct answer using the codes given below:
A |
2, 3 and 4
|
|
B |
1, 3 and 4
|
|
C |
1 and 3
|
|
D |
1, 2, 3 and 4
|
Solar Tsunami
Consider the following statements with respect to Solar Tsunami:
- The Sun’s magnetic field, from which sunspots gets generated, wraps around the sun in the east-west direction.
- At the end of a solar cycle, magnetic dam can break, releasing huge amounts of plasma cascading like a tsunami towards the equator.
- The tsunami waves travel at high speeds of about 1,000 km per hour carrying excess plasma to the upper-latitudes.
Select the correct answer using the codes given below:
A |
1 and 3
|
|
B |
Only 1
|
|
C |
1, 2 and 3
|
|
D |
2 and 3
|