27 October 2021 Current Affairs Quiz
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27 October 2021 Current Affairs Quiz for UPSC Prelims
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- Question 1 of 5
1. Question
With reference to Asian Infrastructure Investment Bank (AIIB), which of the following statements is/are correct?
1. AIIB aims to improve economic and social development in Asia by investing in high-quality, financially viable and environmentally friendly infrastructure projects.
2. Only Asian Countries can become the members of AIIB.
Select the correct answer using the code given below.CorrectAns: (A)
About Asian Infrastructure Investment Bank (AIIB)
• The Asian Infrastructure Investment Bank (AIIB) is an international financial institution proposed by China. The purpose of the multilateral development bank is to provide finance to infrastructure projects in the Asia-Pacific region.
• It is headquartered in Beijing and commenced operations in 2016.
• By investing in sustainable infrastructure and other productive sectors today, it aims to connect people, services and markets that over time will impact the lives of billions and build a better future.
• Membership in the AIIB is open to all members of the World Bank or the Asian Development Bank and is divided into regional and non-regional members.
• Regional members are those located within areas classified as Asia and Oceania by the United Nations.IncorrectAns: (A)
About Asian Infrastructure Investment Bank (AIIB)
• The Asian Infrastructure Investment Bank (AIIB) is an international financial institution proposed by China. The purpose of the multilateral development bank is to provide finance to infrastructure projects in the Asia-Pacific region.
• It is headquartered in Beijing and commenced operations in 2016.
• By investing in sustainable infrastructure and other productive sectors today, it aims to connect people, services and markets that over time will impact the lives of billions and build a better future.
• Membership in the AIIB is open to all members of the World Bank or the Asian Development Bank and is divided into regional and non-regional members.
• Regional members are those located within areas classified as Asia and Oceania by the United Nations. - Question 2 of 5
2. Question
Consider the following statements about National Pharmaceutical Pricing Authority (NPPA) that was in news recently
1.National Pharmaceutical Pricing Authority deals with the issue of affordability and availability of medicines.
2.Recently, National Pharmaceutical Pricing Authority (NPPA) has raised the ceiling prices of 21 essential medicines by 80%.
Which of the above statement(s) is/are correct?CorrectAnswer: A
About National Pharmaceuticals Pricing Authority
• NPPA is an organization under Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers which was set up in 1997 to revise the prices of controlled bulk drugs and formulations and to enforce prices and availability of the medicines in the country, under the Drugs (Prices Control) Order (DPCO), 1995.
• The prices are now fixed/revised under Drugs (Prices Control) Order (DPCO), 2013.
• It also monitors the prices of decontrolled drugs in order to keep them at reasonable levels.IncorrectAnswer: A
About National Pharmaceuticals Pricing Authority
• NPPA is an organization under Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers which was set up in 1997 to revise the prices of controlled bulk drugs and formulations and to enforce prices and availability of the medicines in the country, under the Drugs (Prices Control) Order (DPCO), 1995.
• The prices are now fixed/revised under Drugs (Prices Control) Order (DPCO), 2013.
• It also monitors the prices of decontrolled drugs in order to keep them at reasonable levels. - Question 3 of 5
3. Question
Which among the below organisation publishes annual Emissions Gap Report?
CorrectAnswer: C
IncorrectAnswer: C
- Question 4 of 5
4. Question
Consider the following statements with respect to Contempt of Court
1. Civil contempt refers to the act or publication which scandalises the court
2. Criminal contempt includes willfull disobedience of an order of any court.Select the correct answer form the code below.
CorrectAns. D
• Contempt of Courts Act of 1971 defines contempt of court as civil contempt or criminal contempt.
• Civil contempt refers to the wilful disobedience of an order of any court.
• Criminal contempt includes any act or publication which:
○ ‘scandalises’ the court, or
○ prejudices any judicial proceeding, or
○ interferes with the administration of justice in any other manner• Article 129 states that 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.
IncorrectAns. D
• Contempt of Courts Act of 1971 defines contempt of court as civil contempt or criminal contempt.
• Civil contempt refers to the wilful disobedience of an order of any court.
• Criminal contempt includes any act or publication which:
○ ‘scandalises’ the court, or
○ prejudices any judicial proceeding, or
○ interferes with the administration of justice in any other manner• Article 129 states that 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.
- Question 5 of 5
5. Question
Consider the following statements
1. Trojan is essentially a type of malware that is attached to what seems to be a legit programme.
2. Eventbot is a banking Trojan
Select the correct answer using the code below.CorrectAns. C
• Trojan is essentially a type of malware that is attached to what seems to be a legit programme.• The EventBot is a banking Trojan or a banker Trojan that specifically targets the financial apps on the phone and the financial data of its victim.
• The EventBot trojan has over 200 different financial applications under its target, including
• banking applications, money-transfer services, and crypto currency wallets, or financial
• applications based in the US and European regionIncorrectAns. C
• Trojan is essentially a type of malware that is attached to what seems to be a legit programme.• The EventBot is a banking Trojan or a banker Trojan that specifically targets the financial apps on the phone and the financial data of its victim.
• The EventBot trojan has over 200 different financial applications under its target, including
• banking applications, money-transfer services, and crypto currency wallets, or financial
• applications based in the US and European region
