Current Affairs Quiz 07 June 2022

Ans. C
• The Organization of Islamic Cooperation (OIC) is the second largest intergovernmental organization after the United Nations with a membership of 57 states spread over four continents.

• The Organization is the collective voice of the Muslim world. It endeavors to safeguard and protect the interests of the Muslim world in the spirit of promoting international peace and harmony among various people of the world.

• The Organization was established upon a decision of the historical summit which took place in Rabat, Kingdom of Morocco on 25 September 1969

• The first OIC Charter was adopted by the 3rd ICFM Session held in 1972. The Charter laid down the objectives and principles of the organization and fundamental purposes to strengthen the solidarity and cooperation among the Member States

Answer: A
• Kabir was the most famous disciple of Ramananda.
• He was brought up by a Muslim couple who were weavers by profession.
• He had a curious mind in learning new things and he learned much about Hinduism in Benares.
• Kabir’s aim was to reunite Hindus and Muslims and form harmony between them.
• He is regarded as the greatest of the mystic saints.
• His followers are called Kabirpanthis. 
• In the 14th and 15th centuries, Ramananda, Kabir and Nanak remained the great apostles of the Bhakti cult.
• They aided the common people to shed age-old superstitions and attain salvation through Bhakti or pure devotion.
• Criticized all forms of worship of idols. 
• Kabir believed that God is uni-present .
• According to him true dedication is way to realize the one own-self & hence the supreme power called God.
• Kabir did not support asceticism and believed that one can find God without leaving the materialistic world & its obligations.
• Kabir saw all the religions in the same light & considered religions merely different means to reach same God.
• He strictly criticized those who divides society on religious and caste grounds.
• Kabir took good things from all religions while filtered out orthodox practices & meaningless rituals.
• These ideas were basically bedrock of Bhakti cult followed by Mira bai, Raidas, Bihari etc.

Answer: A

What is Disinvestment?
• Disinvestment or divestiture refers to the government selling or liquidating its assets or stakes in PSE (public sector enterprise).
• The Department for investment and public asset management (DIPAM) under Ministry of finance is the nodal agency for disinvestment
• It is done when a PSU start incurring the loss of exchequer.
• Disinvestment proceeds can help the government fund its fiscal deficit.

Ans;- d) Neither 1 and 2
Explanation;-
• As question asked incorrect to choose but both the statements are correct.
• The Cost push inflation refers to the type in which the rise of prices is due to rise in costs of factors of production – entrepreneurship, land, capital and labour.

• As the NPAs of banks increase, they will be asking for stringent regulations and higher credit rate, which will make capital costly. Thus it is cost push inflation type.

• If there is shortage of labour, the wages demanded by the available will be higher, thus pushing cost of production higher. Hence it is also cost push type.

Ans. A
Explanation

• The surface-to-surface medium range nuclear capable missile was tested by the Strategic Forces of the Indian Army.

• It is the fourth in the Agni series of missiles which was earlier known as Agni II prime.
• It has been developed by India’s DRDO and displayed a number of new technologies and significant improvement in missile technology.
• The missile is light-weight and has two stages of solid propulsion and a payload with re-entry heat shield.
• With 3,500 to 4,000 km range, it is capable of striking targets in nearly all of mainland China, if launched from northeastern part of India.