Current Affairs Quiz 07 April 2023
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Current Affairs Quiz 07 April 2023 for UPSC Prelims
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- Question 1 of 5
1. Question
In the context of Indian economy, which one of the following is likely to have the most inflationary effect?
CorrectAnswer: c
IncorrectAnswer: c
- Question 2 of 5
2. Question
In the context of Goods and Service Tax (GST) regime, the term “Circular Trading” sometimes seen in news, is the practise of:
CorrectAnswer: B
IncorrectAnswer: B
- Question 3 of 5
3. Question
Arrange the following in decreasing order of protection and funding given by the government in connection with safeguarding wildlife, biodiversity and forests:
CorrectCorrect Answer : C
Answer Justification :
Justification: Typically, reserved forests are often upgraded to the status of wildlife sanctuaries, which in turn may be upgraded to the status of national parks, with each category receiving a higher degree of protection and government funding.
For example, Sariska National Park was declared a reserved forest in 1955, upgraded to the status of a wildlife sanctuary in 1958, becoming a Tiger Reserve in 1978.
Sariska became a national park in 1992, though primary notification to declare it as a national park was issued as early as 1982.IncorrectCorrect Answer : C
Answer Justification :
Justification: Typically, reserved forests are often upgraded to the status of wildlife sanctuaries, which in turn may be upgraded to the status of national parks, with each category receiving a higher degree of protection and government funding.
For example, Sariska National Park was declared a reserved forest in 1955, upgraded to the status of a wildlife sanctuary in 1958, becoming a Tiger Reserve in 1978.
Sariska became a national park in 1992, though primary notification to declare it as a national park was issued as early as 1982. - Question 4 of 5
4. Question
Organic Farming does NOT deal with which of the following problems of farms?
1) Nutrient management
2) Weed management
3) Insect pest management
4) Disease management in plants
Select the correct answer using the codes below.CorrectCorrect Answer : D
Answer Justification :
Justification: Organic farming is a production system which avoids or largely excludes the use of synthetically compounded fertilizers, pesticides, growth regulators, genetically modified organisms and livestock food additives.
To the maximum extent possible organic farming system rely upon crop rotations, use of crop residues, animal manures, legumes, green manures, off farm organic wastes etc.
It also focuses on the use of biofertilizers, mechanical cultivation, mineral bearing rocks and aspects of biological control to maintain soil productivity and tilth to supply plant nutrients and to control insect, weeds and other pestsIncorrectCorrect Answer : D
Answer Justification :
Justification: Organic farming is a production system which avoids or largely excludes the use of synthetically compounded fertilizers, pesticides, growth regulators, genetically modified organisms and livestock food additives.
To the maximum extent possible organic farming system rely upon crop rotations, use of crop residues, animal manures, legumes, green manures, off farm organic wastes etc.
It also focuses on the use of biofertilizers, mechanical cultivation, mineral bearing rocks and aspects of biological control to maintain soil productivity and tilth to supply plant nutrients and to control insect, weeds and other pests - Question 5 of 5
5. Question
With reference to Small Savings Schemes of the Government of India, consider the following statements:
1. Interests earned upon investment in some of these schemes by private individuals are exempted from income tax.
2. Some of the Private Sector banks are allowed to sell these schemes.
3. All funds received under these schemes are credited to the Consolidated Fund of India.
4. Any increase in the interest rate on these schemes may reduce the money supply in the economy.
Which of the statements given above are correct?CorrectAnswer: A
All deposits received under Small Savings Schemes are credited to the Public Account (not Consolidated Fund of India). The deposits received under Small Savings schemes are credited to the National Small Saving Fund (NSSF), a public account.
IncorrectAnswer: A
All deposits received under Small Savings Schemes are credited to the Public Account (not Consolidated Fund of India). The deposits received under Small Savings schemes are credited to the National Small Saving Fund (NSSF), a public account.
