Current Affairs Quiz 26 December 2024
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Current Affairs Quiz 26 December 2024 For UPSC Exam
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- Question 1 of 5
1. Question
Consider the following statements regarding Good Governance Day:
1. Good Governance Day is observed annually in India on December 25th to honor the birth anniversary of Atal Bihari Vajpayee.
2. The day was established to promote awareness about accountability in governance and the rights of citizens.
Which of the statements given above is/are correct?
CorrectAnswer: (c) Both of the above
Explanation:
Statement 1 is correct: Good Governance Day is observed on December 25th to honor Atal Bihari Vajpayee, the former Prime Minister of India.Statement 2 is correct: The day is dedicated to raising awareness about the importance of transparency, accountability, and effective governance in India.
IncorrectAnswer: (c) Both of the above
Explanation:
Statement 1 is correct: Good Governance Day is observed on December 25th to honor Atal Bihari Vajpayee, the former Prime Minister of India.Statement 2 is correct: The day is dedicated to raising awareness about the importance of transparency, accountability, and effective governance in India.
- Question 2 of 5
2. Question
The Omkareshwar Floating Solar Project, inaugurated by Prime Minister Narendra Modi, is located in which of the following places?
CorrectAnswer: A. Khandwa district, Madhya Pradesh
Explanation:
• The Omkareshwar Floating Solar Project is situated in the Khandwa district of Madhya Pradesh.
• It is the world’s largest floating solar energy project, constructed on the backwaters of the Omkareshwar Dam on the Narmada River.
• The project represents a significant step in renewable energy generation, with the capacity to generate 600 MW of electricity.IncorrectAnswer: A. Khandwa district, Madhya Pradesh
Explanation:
• The Omkareshwar Floating Solar Project is situated in the Khandwa district of Madhya Pradesh.
• It is the world’s largest floating solar energy project, constructed on the backwaters of the Omkareshwar Dam on the Narmada River.
• The project represents a significant step in renewable energy generation, with the capacity to generate 600 MW of electricity. - Question 3 of 5
3. Question
Which of the following statements about fiscal deficit is correct?
CorrectAnswer:
B) Fiscal deficit represents the amount by which the government’s total expenditure exceeds its total revenue, including borrowings.
Explanation:
• The fiscal deficit is the difference between a government’s total expenditure and its total revenue (excluding borrowings). It reflects how much the government is borrowing to meet its obligations.
• It Includes revenue expenditure (e.g., salaries, subsidies) and capital expenditure (e.g., infrastructure projects).
• Fiscal Deficit = Total Expenditure – Total Revenue
• India’s FRBM Act: The act sets targets to reduce fiscal deficit over time, aiming for 4.5% of GDP by FY2025-26.IncorrectAnswer:
B) Fiscal deficit represents the amount by which the government’s total expenditure exceeds its total revenue, including borrowings.
Explanation:
• The fiscal deficit is the difference between a government’s total expenditure and its total revenue (excluding borrowings). It reflects how much the government is borrowing to meet its obligations.
• It Includes revenue expenditure (e.g., salaries, subsidies) and capital expenditure (e.g., infrastructure projects).
• Fiscal Deficit = Total Expenditure – Total Revenue
• India’s FRBM Act: The act sets targets to reduce fiscal deficit over time, aiming for 4.5% of GDP by FY2025-26. - Question 4 of 5
4. Question
Consider the following statements related to the gig economy:
1.The gig economy is characterized by short-term, flexible jobs that often rely on digital platforms for job matching.
2.Workers in the gig economy typically receive job security, fixed salaries, and employee benefits like healthcare and retirement plans.
Which of the statements given above is/are correct?CorrectAnswer:
(a) 1 only
Explanation:
• Statement 1 correctly describes the gig economy, where workers engage in short-term, flexible jobs often mediated through digital platforms.
• Statement 2 is incorrect, as gig workers typically do not receive long-term job security or the traditional employee benefits like healthcare and retirement plans.IncorrectAnswer:
(a) 1 only
Explanation:
• Statement 1 correctly describes the gig economy, where workers engage in short-term, flexible jobs often mediated through digital platforms.
• Statement 2 is incorrect, as gig workers typically do not receive long-term job security or the traditional employee benefits like healthcare and retirement plans. - Question 5 of 5
5. Question
Which of the following regions will benefit from the water supply under the Ken-Betwa Link Project?
CorrectAnswer: D) Madhya Pradesh and Uttar Pradesh
Explanation:• The Ken-Betwa Link Project aims to provide irrigation, drinking water, and industrial water to regions in Madhya Pradesh and Uttar Pradesh.
• The project will transfer water from the Ken River to the Betwa River via a 221 km long canal, benefiting regions in both states, particularly in the Bundelkhand region.
• This includes irrigation for agricultural lands and providing drinking water to millions of people in these areas.IncorrectAnswer: D) Madhya Pradesh and Uttar Pradesh
Explanation:• The Ken-Betwa Link Project aims to provide irrigation, drinking water, and industrial water to regions in Madhya Pradesh and Uttar Pradesh.
• The project will transfer water from the Ken River to the Betwa River via a 221 km long canal, benefiting regions in both states, particularly in the Bundelkhand region.
• This includes irrigation for agricultural lands and providing drinking water to millions of people in these areas.
