We posted 7 questions in 10 PM Daily Quiz on 2 June, 2016. Thanks for the amazing response. These questions will help you polish concepts based on current affairs. In case you have not attempted them, please attempt them by clicking below.
Q.1) Consider the following statements regarding Food and Agriculture Organization of the United Nations
1. “Hunger is the root cause of all evil” is the motto of FAO.
2. It is headquartered at New York.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is true
Answer-d
Explanation:- Food and Agriculture Organization is an agency of the United Nations that leads international efforts to defeat hunger. Serving both developed and developing countries, FAO acts as a neutral forum where all nations meet as equals to negotiate agreements and debate policy.
Its Latin motto, fiat panis, translates as “let there be bread”.
The world headquarters are located in Rome, Italy.
Q.2) World Milk Day is observed on
a) 30th May
b) 31st May
c) 1st June
d) 2nd June
Answer-c
Explanation
World Milk Day is a day established by the Food and Agriculture Organization (FAO) of the United Nations to recognise the importance of milk as a global food.It has been observed on June 1st each year since 2001. The day is intended to provide an opportunity to bring attention to activities that are connected with the milk industry.
Q.3) Consider the following statements regarding change in recruitment rules in the public sector
1.Chairperson of CPSEs and Public Enterprises Selection Board (PESB) can hold office for fiveyears or up to the age of 65 years whichever is earlier.
2. There is a proposal for Selection of employees in CPSEs for a period of 5 years from Private Sector
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is true
Answer-b
Explanation:-
Chairperson of CPSEs and Public Enterprises Selection Board (PESB) can hold office for three years or up to the age of 65 years whichever is earlier.
Q.4) With reference to Genetically Modified Organisms, consider the following terms
1. Transgene is a gene which is artificially inserted into an organism.
2.Gene is a biological unit that determines an organism’s inherited characteristics.
3. Genome is the entire hereditary material in a cell.
Select the correct answer using the codes given below:
a) 1 and 2 only
b) 1 and 3 only
c) 2 and 3 only
d) All are true
Answer-d
Explanation:-
Biotechnology: Any technique that makes use of organisms (or parts thereof) to make or modify products, to improve plants or animals, or to develop microorganisms for specific purposes.
DNA: A molecule found in cells of organisms where genetic information is stored.
Gene: A biological unit that determines an organism’s inherited characteristics.
Genetic engineering: The selective, deliberate alteration of genes by man.
Genome: The entire hereditary material in a cell.
Modern biotechnology: Application of in vitro nucleic acid techniques, including recombinant DNA and direct injection of nucleic acid into cells or organelles or fusion of cells beyond the taxonomic family.
Traits: Characteristics such as size, shape, taste, color, increased yields, or disease resistance.
Transgene: A gene that has been artificially inserted into an organism.
Q.5) The project where there is construction is to be done and there are no previous facilities or infrastructure is known as
a) Greenfield Project
b) Brownfield Project
c) Yellowfield Project
d) Whitefield Project
Answer-a
Explanation:-
- Greenfield Project:Construction to done where no previous facilities or infrastructure were there.
- Brownfield Project: New project is undertaken under the existing facilities and infrastructure. In short they can also be termed as modification or upgradation project.
Q.6) Consider the following statements regarding Labor force participation rate
1. It is the ratio between the labour force and the overall size of their cohort (national population of the same age range).
2. 18 year is taken as the lower limit for it.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is true
Answer-a
Explanation:-Labour force participation rate (LFPR)
- Labor force participation rate is the proportion of the population ages 15 and older that is economically active: all people who supply labor for the production of goods and services during a specified period.
Q.7) Consider the following statements regarding Sovereign Wealth Funds
1. It is a fund which is taken from country reserve and kept aside for investment purpose.
2. The fund seeks to benefit country’s economy at the same time accruing benefits for its citizens.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is true
Answer-c
Explanation:–
Sovereign Wealth Funds: A fund which is taken from country reserve and kept aside for investment purpose. They invest globally. The fund seeks to benefit country’s economy at the same time accruing benefits for its citizens. Where to invest is something that varies country to country but can be invested in both real (real estate, precious metals) and financial assets (stocks, bonds, private equity fund etc.).
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