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Current Affairs Questions

Annual Financial Statement

‘Annual Financial Statement’ of India is prepared by:

A
CSO
B
Niti Aayog
C
Department of Economic Affairs
D
DIPAM

EXIM Bank

Consider the following statements vis-à-vis EXIM Bank:

  1. It is a wholly owned subsidiary of the Government of India.
  2. It is regulated by the Central Statistics Office.

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

Polar Vortex

Due to extreme weather conditions in US, Polar Vortex is in news. Consider the following statements vis-à-vis Polar Vortex:

  1. It is a whirling cone of low pressure that is strongest in winter months.
  2. When the Polar Vortex is strongest, cold air is more likely to plunge into the US & Eurasia.
  3. The Polar Vortex generally spins in the lower troposphere.

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

Privilege Motion

Consider the following statements with respect to ‘Privilege Motion’:

  1. It extends to all members of Parliament, Ministers, Attorney General and President.
  2. The source of privileges is derived from the Constitution and the Rule Book only.

Choose the correct answer:

A
Only I
B
Only II
C
Both I & II
D
Neither I nor II

Competition Commission Of India

Consider the following statements with respect to ‘Competition Commission of India’:

  1. It is a quasi-judicial constitutional body which promotes healthy competition and penalises the institutions that distorts competition.
  2. It consists of a chairperson and three other members.

Choose the correct answer:

A
Only I
B
Only II
C
Both I & II
D
Neither I nor II

Zero Rating Platform

‘Zero Rating Platform’ is related to which of the following?

A
Platform that takes no fee to develop generic drugs.
B
Think tank that helps the government to make policy at nominal or zero fee.
C
Net Neutrality
D
Think tank that rates the bankrupt companies and provides the rating to the creditors.

No-confidence Motion

Consider the following statements:

  1. No-confidence Motion can be moved in any house of the parliament.
  2. Passage of No-confidence Motion will lead to resignation of the government.
  3. It can be moved against the individual minister too.

Choose the incorrect statement(s):

A
I & II only
B
II & III only
C
I, II, III
D
I & III only

Measuring Inflation

Choose the correct statement(s):

  1. Consumer Price Index (CPI) is released quarterly by the Central Statistical Office (CSO).
  2. Wholesale Price Index (WPI) is also called as Headline Inflation.
  3. WPI caters to commodity inflation better.

Select the correct answer using the code given below:

A
I & II only
B
III only
C
I & III only
D
None of these

National Green Tribunal

Select the correct statement with respect to the ‘National Green Tribunal’:

  1. It is vested with powers to hear any matter relating to Wildlife Protection Act,1972.
  2. NGT can passan order but can’t enforce it.
  3. NGT is a constitutional body.

Select the correct answer using the code given below:

A
I and III
B
II and III
C
I, II and III
D
None

Strait Of Hormuz

Choose the correct statement/s with respect to ‘Strait of Hormuz’:

  1. The basin countries surrounding the strait are Iran and UAE only.
  2. It connects the Red Sea with Gulf of Aden.

Select the correct answer using the code given below:

A
Both I and II
B
Only I
C
Only II
D
Neither I nor II
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