Current Affairs Quiz 02 April 2025
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Current Affairs Quiz 02 April 2025 For UPSC Exam
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1. Question
Which institution publishes the Global Risks Report?
CorrectCorrect Answer: B) World Economic Forum
Explanation:
• The Global Risks Report is published annually by the World Economic Forum (WEF).
• It assesses global risks in terms of likelihood and impact, considering economic, environmental, geopolitical, societal, and technological factors.
• The report is based on insights from industry experts, policymakers, and global leaders.IncorrectCorrect Answer: B) World Economic Forum
Explanation:
• The Global Risks Report is published annually by the World Economic Forum (WEF).
• It assesses global risks in terms of likelihood and impact, considering economic, environmental, geopolitical, societal, and technological factors.
• The report is based on insights from industry experts, policymakers, and global leaders. - Question 2 of 5
2. Question
Which of the following factors are considered for the delimitation of constituencies in India?
1. Population growth
2. Area of the State
3. Economic contribution of the State
4. Scheduled Castes and Scheduled Tribes representation
Select the correct answer using the codes below:CorrectCorrect Answer: B) 1, 2, and 4 only
Explanation:
• Delimitation of constituencies in India is based on population (as per the latest Census) and geographical considerations like area.
• Representation of SCs and STs is ensured by reserving seats in proportion to their population.
• Economic contribution of the State is not a criterion for delimitation.
• The Delimitation Commission is responsible for this process, as per the Delimitation Act, 2002IncorrectCorrect Answer: B) 1, 2, and 4 only
Explanation:
• Delimitation of constituencies in India is based on population (as per the latest Census) and geographical considerations like area.
• Representation of SCs and STs is ensured by reserving seats in proportion to their population.
• Economic contribution of the State is not a criterion for delimitation.
• The Delimitation Commission is responsible for this process, as per the Delimitation Act, 2002 - Question 3 of 5
3. Question
Consider the following statements regarding air pollution control in India:
1. The Air (Prevention and Control of Pollution) Act, 1981, was enacted under Article 253 of the Constitution, following India’s participation in the Stockholm Conference of 1972.
2. The Central Pollution Control Board (CPCB) is responsible for enforcing air quality standards across India.
3. The Environment Protection Act, 1986, provides a legal framework for regulating vehicular emissions.
Which of the statements given above is/are correct?CorrectCorrect Answer: D) 1, 2, and 3
Explanation:
• The Air (Prevention and Control of Pollution) Act, 1981, was enacted under Article 253 after India signed the Stockholm Declaration (1972).
• CPCB is the nodal agency for implementing air quality standards and pollution control measures.
• The Environment Protection Act, 1986, empowers the government to regulate vehicular emissions and environmental pollution.IncorrectCorrect Answer: D) 1, 2, and 3
Explanation:
• The Air (Prevention and Control of Pollution) Act, 1981, was enacted under Article 253 after India signed the Stockholm Declaration (1972).
• CPCB is the nodal agency for implementing air quality standards and pollution control measures.
• The Environment Protection Act, 1986, empowers the government to regulate vehicular emissions and environmental pollution. - Question 4 of 5
4. Question
Consider the following statements regarding India’s Defence Production and Export Promotion Policy (DPEPP) 2020:
1. It aims to achieve ₹35,000 crore in defence exports by 2025 and ₹50,000 crore by 2029.
2. It promotes the establishment of Defence Industrial Corridors in Maharashtra and Gujarat.
3. The policy focuses on achieving self-reliance in defence manufacturing under Atmanirbhar Bharat.
Which of the statements given above is/are correct?CorrectCorrect Answer: C) 1 and 3 only
Explanation:
• DPEPP 2020 aims to boost defence production and set a target of ₹35,000 crore in exports by 2025.
• Defence Industrial Corridors have been established in Uttar Pradesh and Tamil Nadu, not Maharashtra and Gujarat.
• The policy is aligned with Atmanirbhar Bharat to enhance self-reliance in defence manufacturing.IncorrectCorrect Answer: C) 1 and 3 only
Explanation:
• DPEPP 2020 aims to boost defence production and set a target of ₹35,000 crore in exports by 2025.
• Defence Industrial Corridors have been established in Uttar Pradesh and Tamil Nadu, not Maharashtra and Gujarat.
• The policy is aligned with Atmanirbhar Bharat to enhance self-reliance in defence manufacturing. - Question 5 of 5
5. Question
Consider the following statements regarding RBI’s new Master Direction (MD) on deposit interest rates:
1. Banks must pay uniform interest rates on deposits of similar amounts and tenure accepted on the same day.
2. Banks can still offer preferential interest rates to high-net-worth individuals (HNIs) based on negotiation.
3. The RBI has mandated interest calculation for savings deposits on a monthly average basis.
Which of the statements given above is/are correct?CorrectCorrect Answer: A) 1 only
Explanation:
• Statement 1 (Correct): As per RBI Master Direction on Interest Rates on Deposits, banks must offer uniform interest rates for deposits of the same amount and tenure taken on the same day, ensuring fairness.
• Statement 2 (Incorrect): The new MD explicitly prohibits negotiation of interest rates between depositors and banks.Banks cannot offer preferential rates to HNIs or institutional clients based on negotiations.
• Statement 3 (Incorrect): The RBI has mandated daily product basis for interest calculation on savings deposits, not monthly average basis.This method ensures that interest is calculated based on the actual daily balance, benefitting depositors.IncorrectCorrect Answer: A) 1 only
Explanation:
• Statement 1 (Correct): As per RBI Master Direction on Interest Rates on Deposits, banks must offer uniform interest rates for deposits of the same amount and tenure taken on the same day, ensuring fairness.
• Statement 2 (Incorrect): The new MD explicitly prohibits negotiation of interest rates between depositors and banks.Banks cannot offer preferential rates to HNIs or institutional clients based on negotiations.
• Statement 3 (Incorrect): The RBI has mandated daily product basis for interest calculation on savings deposits, not monthly average basis.This method ensures that interest is calculated based on the actual daily balance, benefitting depositors.
