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Current Affairs Questions

National:

Financial Intelligence Unit

Consider the following statements with reference to the Financial Intelligence Unit – India (FIU-IND):

  1. The FIU- IND was set up by the Government of India in 2005 as the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions.
  2. FIU-IND is an independent body reporting directly to the Economic Intelligence Council (EIC) headed by the Finance Minister.

Choose the correct answer from the codes given below:

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

Zonal Councils

Consider the following statements:

  1. The Zonal Councils are the constitutional bodies, established by an Act of the Parliament, States Reorganisation Act of 1957.
  2. North-Eastern Council was created by a separate Act of Parliament, the North-Eastern Council Act of 1971.

Choose the correct answer from the codes given below:

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

Bibi Ka Maqbara

Consider the following statements with reference to the Bibi Ka Maqbara:

  1. Bibi ka Maqbara was as commissioned by Emperor Aurangzeb in 1660 in the memory of his wife Rahmat-un-Nissa.
  2. Also called the Tomb of the Lady, Bibi Ka Maqbara was designed by Ataullah, the son of Ahmad Lahauri, the architect of the Taj Mahal.

Choose the correct answer from the codes given below:

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

Yakshagana

With reference to the traditional Indian theatre form ‘Yakshagana’, consider the following statements:

  1. Yakshagana is strongly influenced by the Vaishnava Bhakti movement. Its stories are mainly drawn from Ramayana, Mahabharata, Bhagavata and other Hindu epics.
  2. Yakshagana is traditionally presented from dusk to dawn.

Choose the correct answer from the codes given below:

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

New, Emerging And Strategic Technologies (NEST)

Recently, the External Affairs Ministry announced the setting up of New, Emerging and Strategic Technologies (NEST) division. Consider the following statements with reference to the NEST:

  1. The NEST will act as a nodal point to exchange views with foreign governments on new and emerging strategic technologies.
  2. NEST will negotiate technology governance rules, standards and architecture, suited to India’s conditions, in multilateral and plurilateral frameworks.
  3. The division will also be holding responsibility for matters that involves negotiations with multilateral fora like the United Nations,G20.

Choose the correct answer from the codes given below:

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

Open Market Operations

Consider the following statements with reference to the Open Market Operations (OMOs):

  1. Open Market Operations is the sale and purchase of government securities and treasury bills by the central bank of the country.
  2. It is one of the tools used to smoothen the liquidity conditions through the year and minimise its impact on the interest rate and inflation rate levels.

Choose the correct answer from the codes given below:

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

Armed Forces (Special Powers) Act

Consider the following statements with reference to the Armed Forces (Special Powers) Act, 1958 (AFSPA):

  1. AFSPA gives armed forces the power to maintain public order in “disturbed areas”.
  2. Justice Jeevan Reddy Commission recommended to repeal AFSPA in its 2005 report.

Choose the correct answer from the codes given below:

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

Senna Spectabilis

Recently, the Kerala Government has planned to arrest the rampant growth of aninvasive plant species in the forest areas of the Nilgiri Biosphere Reserve (NBR), including the Wayanad Wildlife Sanctuary.What is the name of that invasive plant species?

A
Senna spectabilis
B
Solanum elaeagnifolium
C
Prosopis juliflora
D
Pennisetum purpureum

Merchant Discount Rate

With reference to the Merchant Discount Rate (MDR), consider the following statements:

  1. MDR is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments.
  2. MDR compensates the card issuing bank, the lender which puts the PoS terminal and payment gateways such as Mastercard or Visa for their services.
  3. MDR charges are usually shared in pre-agreed proportion between the bank and a merchant and is expressed in percentage of transaction amount.

Choose the correct answer from the codes given below:

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

Ghataprabha River

Consider the following statements with reference to the Ghataprabha River:

  1. Flowing through the states of Maharashtra, Andhra and Karnataka, Ghataprabha (river is an important tributary of the Godavari River.
  2. Hiranyakeshi and Markandeya River are tributaries of Ghataprabha.

Choose the correct answer from the codes given below:

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