Daily Current Affairs Quiz For UPSC

Question No. 1

Consider the following statements:
1. Counter-cyclical fiscal policy stabilizes the business cycle by being contractionary in good times and expansionary in bad times.
2. Pro-cyclical fiscal policy is the one wherein fiscal policy reinforces the business cycle by being expansionary during good times and contractionary during recessions.
Which of the statements given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

Question No. 2

“Ricardian Equivalence Proposition (REP)” is associated with which of the following?

AForeign Trade

BMoney Supply

CGovernment spending

DIndustrial expansion

Question No. 3

Consider the following statements:
1. Credit ratings map the probability of default and therefore reflect the willingness and ability of borrower to meet its obligations.
2. India in last two decades never awarded A+ or A grade by international credit rating agencies.
3. At present India has the Investment grade.
Which of the statements given above is/are correct?

A1 only

B1 and 2 only

C2 and 3 only

D1, 2 and 3

Question No. 4

Consider the following statements:
1. India has second highest hospitalization rate in the world after OECD countries.
2. India has one of the highest levels of Out Of Pocket Expenditure in the world.
Which of the statements given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

Question No. 5

“World Health Statistics” is annually released by?

AWEF

BWHO

CDoctors without Borders

DAmnesty International

Question No. 6

Which of the following scheme/schemes is/are Central Sponsored Scheme for Agriculture Sector?
1. Formation and promotion of Farmer Producer Organizations (FPOs).
2. Pradhan Mantri Fasal Bima Yojana.
3. Pradhan Mantri Kisan Samman Nidhi (Pm-Kisan).
Select the correct answer using the code given below:

A1 only

B2 only

C2 and 3 only

D1, 2 and 3

Question No. 7

In which of the following indicator of ‘World Rule of Law Index’ published by the World Justice Project India has improved its ranking?

AGovernment regulations are effectively enforced

BGovernment regulations are applied and enforced without improper influence

CAdministrative proceedings are conducted without unreasonable delay

DDue process is respected in administrative proceedings

Question No. 8

Consider the following statements regarding the Pradhan Mantri Matsya Sampada Yojana (PMMSY):
1. It will be implemented over a period of 5 years from FY 2020-21 to FY 2024-25 in all States/Union Territories.
2. More than 50% of the total estimated investment of the PMMSY is earmarked for creation and up-gradation of fisheries infrastructure facilities.
3. The scheme plans to reduce post-harvest losses from the present high of 25% to about 10% by modernizing and strengthening value chain.
Which of the statements given above is/are correct?

A1 only

B1 and 2 only

C1 and 3 only

D3 only

Question No. 9

With reference to the India’s public debt – to – GDP, which of the following statements is/are correct?
1. India’s overall debt levels as a per cent of GDP are the highest amongst the group of G-20 countries.
2. Private debt – to – GDP is more than Government debt – to – GDP.
Select the correct answer using the codes given below:

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

Question No. 10

According to International credit rating agencies, A+ or A1 rating means?

AStrong payment capacity

BAdequate payment capacity

CLikely to fulfill obligation

DHigh – risk obligation

10 PM Daily Current Affairs Quiz | July 29 2021

Marking Pattern

CHOOSE A QUESTION

Question No. 1

Question No. 2

Question No. 3

Question No. 4

Question No. 5

Question No. 6

Question No. 7

Question No. 8

Question No. 9

Question No. 10

10 PM Daily Current Affairs Quiz | July 29 2021

Marking Pattern

CHOOSE A QUESTION

Question No. 1

Question No. 2

Question No. 3

Question No. 4

Question No. 5

Question No. 6

Question No. 7

Question No. 8

Question No. 9

Question No. 10

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS