Current Affairs Quiz 16 April 2025
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Current Affairs Quiz 16 April 2025 For UPSC Exam
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- Question 1 of 5
1. Question
The inflation-targeting framework adopted in India is mandated under which of the following?
CorrectAnswer: A. RBI Act, 1934
Explanation:
• The inflation-targeting framework in India was institutionalized through amendments to the RBI Act, 1934 via the Finance Act of 2016.
• It led to the formation of the Monetary Policy Committee (MPC), which sets the repo rate to achieve the inflation target.
• The target (4% ±2%) is notified by the Government in consultation with RBI.IncorrectAnswer: A. RBI Act, 1934
Explanation:
• The inflation-targeting framework in India was institutionalized through amendments to the RBI Act, 1934 via the Finance Act of 2016.
• It led to the formation of the Monetary Policy Committee (MPC), which sets the repo rate to achieve the inflation target.
• The target (4% ±2%) is notified by the Government in consultation with RBI. - Question 2 of 5
2. Question
With reference to the Indian monsoon, consider the following statements:
1. The absence of El Niño conditions is usually associated with stronger and more reliable monsoon rains in India.
2. Higher Eurasian snow cover in winter months leads to enhanced Indian monsoon rainfall.
Which of the statements given above is/are correct?CorrectAnswer: A. 1 only
Explanation:
• Statement 1 is correct: El Niño is associated with weakened Indian monsoons. Its absence or presence of La Niña tends to support stronger rainfall.
• Statement 2 is incorrect: Higher Eurasian snow cover during winters reduces land-sea temperature contrast, weakening monsoon currents.IncorrectAnswer: A. 1 only
Explanation:
• Statement 1 is correct: El Niño is associated with weakened Indian monsoons. Its absence or presence of La Niña tends to support stronger rainfall.
• Statement 2 is incorrect: Higher Eurasian snow cover during winters reduces land-sea temperature contrast, weakening monsoon currents. - Question 3 of 5
3. Question
Statement 1: The United Kingdom and Pakistan have already enacted binding laws on Artificial Intelligence.
Statement 2: China has adopted use-case specific regulations for high-risk AI sectors like Generative AI.
Which of the above statements is/are correct?CorrectAnswer: B. 2 only
Explanation:
• Statement 1 is incorrect: While both the UK and Pakistan are working on AI strategies and ethical frameworks, they have not enacted comprehensive binding legislation yet.
• Statement 2 is correct: China has indeed introduced specific rules targeting high-risk AI applications, including generative AI tools.IncorrectAnswer: B. 2 only
Explanation:
• Statement 1 is incorrect: While both the UK and Pakistan are working on AI strategies and ethical frameworks, they have not enacted comprehensive binding legislation yet.
• Statement 2 is correct: China has indeed introduced specific rules targeting high-risk AI applications, including generative AI tools. - Question 4 of 5
4. Question
Consider the following statements about the Registration of Births and Deaths (RBD) Act:
1. Registration of births and deaths within 21 days is mandatory under the Act.
2. As per the latest amendment, digital birth and death certificates are optional and can be supplemented by manual certificates.
3. Registrars can be penalized for negligence in registration duties.
Which of the above statements is/are correct?CorrectAnswer: B. 1 and 3 only
Explanation:
• Statement 1 is correct: Registration must be done within 21 days under the RBD Act.
• Statement 2 is incorrect: The latest amendment (2023) makes digital certificates mandatory, replacing manual ones.
• Statement 3 is correct: The Act provides for penalties on registrars for negligence or refusal to register events.IncorrectAnswer: B. 1 and 3 only
Explanation:
• Statement 1 is correct: Registration must be done within 21 days under the RBD Act.
• Statement 2 is incorrect: The latest amendment (2023) makes digital certificates mandatory, replacing manual ones.
• Statement 3 is correct: The Act provides for penalties on registrars for negligence or refusal to register events. - Question 5 of 5
5. Question
Consider the following statements regarding bond markets in India:
1. An increase in demand for government bonds leads to a fall in bond yields.
2. A rise in repo rate by RBI typically results in lower bond prices.
Which of the statements is/are correct?CorrectAnswer: C. Both 1 and 2
Explanation:
• Statement 1 is correct: More demand increases bond prices, which lowers the yield (inverse relationship).
• Statement 2 is correct: Higher repo rate means costlier borrowing, making existing bonds less attractive, hence price falls.IncorrectAnswer: C. Both 1 and 2
Explanation:
• Statement 1 is correct: More demand increases bond prices, which lowers the yield (inverse relationship).
• Statement 2 is correct: Higher repo rate means costlier borrowing, making existing bonds less attractive, hence price falls.
