Current Affairs Questions

Indian Economy:

Regular Bail

Consider the following statements:

  1. Regular Bail is a direction given by the Court (any Court within the country) to release a person who is already under arrest and kept in police custody.
  2. Anticipatory Bail is issued to release a person on Bail even before the person is arrested.
  3. Interim Bail is the bail granted for a temporary and short period by the Court till the application seeking Anticipatory Bail or Regular Bail is pending before a Court.

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


Constitution Of India

Consider the following articles of the Constitution of India:

  1. Article 148 provides for an independent office of the Comptroller and Auditor General (CAG) of India.
  2. Articles 14 and 22(1) also make it obligatory for the State to ensure equality before law and a legal system which promotes justice on a basis of equal opportunity to all.
  3. Article 246 provides that the Parliament has exclusive power to make laws with respect to any of the matters enumerated in List I in the Seventh Schedule of the Constitution.

Choose the correct answer from the options below:


Legislative Framework Of Mining Sector In India

Consider the following statements in context to the Legislative Framework of Mining Sector in India:

  1. The entry at serial No. 23 of List II (State List) to the Constitution of India mandates the state government to own the minerals located within their boundaries.
  2. The entry at serial No. 54 of List I (Central List) mandates the central government to own the minerals within the exclusive economic zone of India (EEZ).

Choose the correct answer from the options below:


Mediation And Arbitration

Consider the given statements in contest to the difference between Mediation and Arbitration:

  1. In arbitration, the outcome is determined in accordance with an objective standard, the applicable law.
  2. In mediation, any outcome is determined by the will of the parties.
  3. In arbitration, a party's task is to convince the arbitral tribunal of its case. It addresses its arguments to the tribunal and not to the other side.
  4. In mediation, since the outcome must be accepted by both parties and is not decided by the mediator, a party's task is to convince, or to negotiate with, the other side.

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


Public Accounts Committee (PAC)

Consider the following statements with reference to the Public Accounts Committee (PAC) and Estimate Committee:

  1. PAC has 22 members, while Estimates Committee has 30 members.
  2. Estimate Committee members belong to both houses of Parliament while PAC members belong to only Lok Sabha
  3. PAC chairman is from opposition whereas Estimates Committee chairman is always from ruling party or dispensation.

Choose the correct answer from the option given below:


Credit Rating

With reference to the Sovereign Credit Rating, consider the following statements:

  1. A sovereign credit rating is an independent assessment of the creditworthiness of a country or sovereign entity.
  2. It can give investors insights into the level of risk associated with investing in the debt of a particular country, including any political risk.
  3. Another common motivation for countries to obtain a sovereign credit rating is to attract foreign direct investment (FDI).

Choose the correct answer from the options given below:


National Green Tribunal (NGT)

Consider the following statements with reference to the National Green Tribunal (NGT):

  1. Established in 2011, as per the National Green Tribunal Act, it is a specialised judicial body equipped with expertise solely for the purpose of adjudicating environmental cases in the country.
  2. The Tribunal has jurisdiction over all civil cases involving a substantial question relating to environment and the question.
  3. Any person seeking relief and compensation for environmental damage involving subjects in the legislations mentioned in Schedule I of the National Green Tribunal Act may approach the Tribunal.

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


Armed Forces (Special Powers) Act (AFSPA)

Which of the following commissions recommended to repeal Armed Forces (Special Powers) Act (AFSPA) law as it was "a symbol of oppression"?


Public Sector Banks

Which of the following committees deals with restructuring stressed assets and creating more value for public sector banks (PSBs)?


Articles Of The Indian Constitution

Consider the following articles of the Indian Constitution:

  1. Article 215: The Supreme Court shall be a court of record and shall have all the powers of such a court including the power to punish for contempt of itself.
  2. Article 129: High Courts to be courts of record- Every High Court shall be a court of record and shall have all the powers of such a court including the power to punish for contempt of itself.

Choose the correct answer from the options given below:


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