10 PM UPSC Current Affairs Quiz 8 June, 2024 |ForumIAS

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UPSC Current Affairs Quiz 23 May 2024

We are posting 10 PM UPSC Current Affairs Quiz 8 June MCQs for today. Best UPSC institute In Delhi, On a daily basis, we post 10 MCQs, based on daily current affairs from PIB, The Hindu, Indian Express, DTE, TOI, and Live Mint. Daily UPSC Current Affairs Quiz

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Start Quiz

Marking Pattern

Correct Answer : 2

Wrong Answer : -0.66

Time Left :5

Question No. 1

The Reserve Ban of India (RBI) has decided to leave the repo rate unchanged. Which one of the following this likely indicate about the current economic situation?

AThe economy is experiencing high inflation and the RBI wants to control it by tightening credit.

BThe economy is facing a slowdown and the RBI wants to stimulate growth by making credit cheaper.

CThe RBI believes the current economic conditions are stable and there no need for immediate monetary policy adjustments.

DThe RBI is waiting to see the impact of previous policy changes before taking further action.

Question No. 2

Match the following with their statutory status:
Organizations/Schemes———————Statutory Status
1.National Board for Wildlife———-Statutory body under the Wildlife (Protection) Act, 1972
2.National Tiger Conservation Authority———–Statutory body under the Wildlife (Protection) Act, 1972, and amended in 2006
3.Project Elephant———————Centrally Sponsored Scheme under the Ministry of Environment, Forests and Climate Change
Which of the pairs are correctly matched?

A1 and 2 only

B2 and 3 only

C1 and 3 only

D1, 2 and 3

Question No. 3

Consider the following statements:
1.The central government in India is primarily responsible for collecting major taxes such as personal income tax (PIT).
2.The Goods and Services Tax (GST) is collected only by the central government.
3.The devolution of resources from the Centre to the states is set at 51%.
4.The central government sets the terms of reference for the Finance Commission.
How many of the statements given above are correct?

AOnly one

BOnly two

COnly three

DAll four

Question No. 4

Consider the following statements:
1.Informal recycling workers are responsible for recycling a majority of plastics.
2.The Global Plastics Treaty is a significant attempt to establish a legally binding agreement aimed at reducing and eliminating plastic pollution.
3.The International Alliance of Waste Pickers (IAWP) aims to promote recycling technologies for waste management.
Which of the statements given above are correct?

A1 and 2 only

B2 and 3 only

C1 and 3 only

D1, 2 and 3

Question No. 5

Consider the following:
1.Increased Transaction Costs
2.Enhanced Financial Transparency
3.Economic Integration
How many of the above are the benefits of integrating India’s Unified Payments Interface (UPI) with the UAE’s payment infrastructure?

AOnly one

BOnly two

CAll three

DNone

Question No. 6

It is a mechanism designed to facilitate cross-border transactions between India and other countries using their respective local currencies without the need for an intermediary currency like the US Dollar. Which one of the following frameworks helps in facilitating this?

ARegional Trade Facilitation (RTF) Framework

BDigital Payment Integration (DPI) Framework

CLocal Currency Settlement (LCS) Framework

DCross-Border Currency Harmonization (CBCH) Framework

Question No. 7

Consider the following statements:
1.UPI Lite was introduced to enable small value payments in a quick and seamless manner through an on-device wallet.
2.The UPI Lite auto-replenishment facility will be incorporated into Real-Time Payments (RTP) Framework.
Which of the statement(s) given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

Question No. 8

AIncrease the transaction limits for digital payments.

BMitigate payment fraud risks and enhance the safety of digital transactions.

CPromote the use of cryptocurrencies in digital payments.

DStandardize global trade regulations.

Question No. 9

With reference to the Thismia malayana plant, which of the following statements are correct?
1.It is a plant found in temperate forest.
2.These plants do not perform photosynthesis.
3.Its flowers are pollinated by fungus and other small insects.
Select the correct answer using the codes given below:

A1 and 2 only

B2 and 3 only

C1 and 3 only

D1, 2 and 3

Question No. 10

Consider the following statements:
1.Particulate matter (PM) is a mixture of tiny solid particles and liquid droplets floating in the air.
2.The “Air of the Anthropocene” project is an international effort that combines art and science to show air pollution in a visual way using light painting.
Which of the statement(s) given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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