Current Affairs Questions

Surety Bonds

Which of the following statement(s) is /are correct about Surety Bonds:

  1. A surety bond is a promise to be liable for the debt, default, or failure of another.
  2. Surety bonds that are written for construction projects are called contract surety bonds.
  3. Commercial surety bonds cover a very broad range of surety bonds that guarantee performance by the principal of the obligation or undertaking described in the bond.

Choose the correct statement(s) from the options below:

A
Only 1
B
2 and 3
C
1, 2 and 3
D
None ofthe above

Miscellaneous

Consider the given statements:

  1. A windfall tax is a one-off tax levied on an unforeseen or unexpectedly large profit, especially unfairly obtained by any company.
  2. Dutch Disease in economics refers to a phenomenon wherein a country witnesses uneven growth across sectors due to the discovery of natural resources, especially large oil reserves.

Choose the correct statement(s) from the options below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2

​Dwishatabdi Mahotsav Of Newspaper

Recently, Prime Minister participated in the Dwishatabdi Mahotsav of a newspaper in Maharasthra and released a postage stamp to commemorate the occasion. The name of the newspaper is:

A
Mumbai Samachar
B
Dainik Shivner
C
Kesari
D
Loksatta

Banks Board Bureau

Consider the following statements with reference to the Banks Board Bureau (BBB):

  1. It was set up in February 2016 as an autonomous body, based on the recommendations of the RBI-appointed Nayak Committee.
  2. It was part of the Indradhanush Plan.

Choose the correct statement(s) from the options below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
None of the above

Stupas In Buddhism

Consider the following statements with reference to the different kinds of Stupas in Buddhism:

  1. Sharirik Stupa encloses the mortal remains of various Buddhist figures such as Sariputra.
  2. Paribhogika Stupa enshrines the objects which have been used by the Buddha such as robe, bowl or walking staff.
  3. Uddesika Stupas were erected just for worshipping and contained no relics.

Choose the correct statements from the options below:

A
Only 1
B
2 and 3
C
Only 3
D
1, 2 and 3

Ambubachi Mela

Ambubachi Mela, a festival celebrated with Shakti rites, is celebrated in which of the following states of India?

A
West Bengal
B
Odisha
C
Assam
D
Tripura

One Nation One Ration Card (ONORC)

Recently, which of the following became the 36th State/UT to implement One Nation One Ration Card (ONORC) scheme?

A
Assam
B
Meghalaya
C
Delhi
D
Chandigarh

Pattachitra Painting Of Odisha

With reference to the Pattachitra painting of Odisha, Consider the following statements:

  1. The themes of these paintings are based on Hindu mythology. They are especially inspired by Jagannath and the Vaishnava sect.
  2. All colors used in the Paintings are natural.
  3. The style is a mix of both folk and classical elements but leaning more towards folk forms.
  4. It got Geographical Indication (GI) tag in July, 2009.

Choose the correct statement(s) from the options given bellow:

A
1 and 2
B
2 and 3
C
1, 2 and 3
D
1, 2, 3 and 4

Inter-State Council

Consider the following statements with reference to the Inter-State Council (ISC):

  1. The Inter-State Council was established under Article 263 of the Constitution, which states that the President may constitute such a body if a need is felt for it.
  2. In 1998, Sarkaria Commission suggested the Council should exist as a permanent body, and in 1990 it came into existence through a Presidential Order.
  3. The Council was reconstituted in May 2021.

Choose the incorrect statement(s) from the options given below:

A
1 and 2
B
2 and 3
C
Only 1
D
Only 3

Prasanta Chandra Mahalanobis

Consider the following statements with reference to Professor Prasanta Chandra Mahalanobis:

  1. The Indian Statistical Institute (ISI) with a Statistical Laboratory was set up by him in 1950.
  2. He was also a key figure in the development of India’s second five-year plan (1956-1961).

Which of the statement(s) given above is/are correct?

A
Only 1
B
Only 2
C
Both 1 & 2
D
Neither 1 nor 2
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