Current Affairs Quiz 01 April 2024
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Current Affairs Quiz 01 April 2024 for UPSC Prelims
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1. Question
Which of the following statements regarding FATF are correct?
1. The FATF is an UN organization to combat Money Laundering and Terror Financing.
2. FATF is the initiative of the G20 to develop policies to combat money laundering.
3. The FATF headquaters is in Geneva Switzerland.Select the correct answer using the code below.
CorrectAns;- d) None of the above
Financial Action Task Force (FATF)
• The Financial Action Task Force (on Money Laundering) (FATF) is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.
• In 2001, its mandate was expanded to include terrorism financing.
• FATF is a “policy-making body” that works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
• FATF monitors progress in implementing its Recommendations through “peer reviews” (“mutual evaluations”) of member countries.
• Since 2000, FATF has maintained the FATF blacklist (formally called the “Call for action”) and the FATF greylist (formally called the “Other monitored jurisdictions”).
• The objectives of FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.IncorrectAns;- d) None of the above
Financial Action Task Force (FATF)
• The Financial Action Task Force (on Money Laundering) (FATF) is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.
• In 2001, its mandate was expanded to include terrorism financing.
• FATF is a “policy-making body” that works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
• FATF monitors progress in implementing its Recommendations through “peer reviews” (“mutual evaluations”) of member countries.
• Since 2000, FATF has maintained the FATF blacklist (formally called the “Call for action”) and the FATF greylist (formally called the “Other monitored jurisdictions”).
• The objectives of FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system. - Question 2 of 5
2. Question
Consider the following statements with reference to inflation:
1. Inflation reduces the purchasing power of the currency.
2. Producers are worst affected by inflation.
Which of the statements given above is/are correct?CorrectAnswer: A
Producers are worst affected by fall in prices or deflation. Their profit level falls due to fall
in prices forcing them to reduce investment. Hence, statement 2 is not correct.IncorrectAnswer: A
Producers are worst affected by fall in prices or deflation. Their profit level falls due to fall
in prices forcing them to reduce investment. Hence, statement 2 is not correct. - Question 3 of 5
3. Question
With reference to the initiatives to mitigate air pollution, which of the following statements
is/are correct?
1. National clean air Program (NCAP) is a pollution control initiative to cut the concentration of carbon dioxide and carbon monoxide by 20-30% by 2024.
2. In line with the Environmental Protection Act 1986, the Central Pollution Control Board shall
implement the national air pollution prevention, control, and abetment program.
3. Under the Motor Vehicle Act of 1988, the Ministry of Road Transport and Highways act as a nodal agency for the enforcement on vehicle air pollution control.
Select the correct answer using the code given below:CorrectAnswer: C
Statement 1 is incorrect: It is a pollution-control project aimed at reducing particle concentrations (PM10 and PM2.5) by 20-30% by 2024. The base year for comparison will be 2017 and the first year was 2019.
Statement 2 is incorrect: The Central Pollution Control Board shall, in consonance with the Air (Prevention
and Control of Pollution) Act, 1981, and in particular with the provision of Section 16(2)(b) of the Act, execute the nation-wide programme for the prevention, control, and abetment of air pollution within the framework of the NCAP.IncorrectAnswer: C
Statement 1 is incorrect: It is a pollution-control project aimed at reducing particle concentrations (PM10 and PM2.5) by 20-30% by 2024. The base year for comparison will be 2017 and the first year was 2019.
Statement 2 is incorrect: The Central Pollution Control Board shall, in consonance with the Air (Prevention
and Control of Pollution) Act, 1981, and in particular with the provision of Section 16(2)(b) of the Act, execute the nation-wide programme for the prevention, control, and abetment of air pollution within the framework of the NCAP. - Question 4 of 5
4. Question
With reference to Lightning, consider the following statements:
1. Lightning is a natural ‘electrical discharge of very short duration and high voltage between a cloud and the ground or within a cloud
2. Inter cloud or intra cloud (IC) lightning are visible and extremely harmful.
3. Cloud to ground (CG) lightning is harmlessWhich of the statements given above is/are correct?
CorrectAnswer: a
What is Lightning?
• Lightning is a natural ‘electrical discharge of very short duration and high voltage between a cloud and the ground or within a cloud’, accompanied by a bright flash and sound, and sometimes thunderstorms.
• In simple words, it is a very rapid and massive discharge of electricity in the atmosphere.
• It happens as a result of the difference in electrical charge between the top and bottom of a cloud, or between 2 clouds or between clouds and the ground.
• Inter cloud or intra cloud (IC) lightning are visible and harmless.
• Cloud to ground (CG) lightning is harmful as the ‘high electric voltage and electric current’ leads to electrocution.IncorrectAnswer: a
What is Lightning?
• Lightning is a natural ‘electrical discharge of very short duration and high voltage between a cloud and the ground or within a cloud’, accompanied by a bright flash and sound, and sometimes thunderstorms.
• In simple words, it is a very rapid and massive discharge of electricity in the atmosphere.
• It happens as a result of the difference in electrical charge between the top and bottom of a cloud, or between 2 clouds or between clouds and the ground.
• Inter cloud or intra cloud (IC) lightning are visible and harmless.
• Cloud to ground (CG) lightning is harmful as the ‘high electric voltage and electric current’ leads to electrocution. - Question 5 of 5
5. Question
Which of the following tribes is/are Particularly Vulnerable Tribal Groups (PVTGs) of Andaman & Nicobar Islands?
1. Jarawas
2. Onge
3. Shompenes
4. Sentenelese
Select the correct answer using the codes given below:CorrectAnswer 😀
FPVTGs in Andaman & Nicobar Islands
1. Onges
2. Jarawas
3. Shompens
4. Santenelese
5. Great AndamaneseIncorrectAnswer 😀
FPVTGs in Andaman & Nicobar Islands
1. Onges
2. Jarawas
3. Shompens
4. Santenelese
5. Great Andamanese
