Current Affairs MCQ for UPSC Exams - 24 February 2018

Q1. Which of the following type of Coal, has maximum carbon content?

a) Peat
b) Lignite
c) Antharacite
d) Bituminious

Q2. Consider the following statements:

i) The Administrative Reforms Commission (ARC) set up in 1966 recommended the constitution of a two-tier machinery of a Lokpal at the Centre and Lokayuktas in the states.
ii) P.D. Deshmukh was the chairman of the Administrative Reforms Commission (ARC) set up in 1966.

Which of the above statements is/are correct?

a) Only i
b) Only ii
c) Both i & ii
d) Neither i nor ii

Q3. The implementation of KYC in banks primarily addresses which one of the following risks?

a) Reputation risk
b)Legal risk
c) Money laundering risk
d)Compliance risk
e)Market risk

Q4. Consider the following statements about FATF

i) It is an inter‐governmental policy making body
ii) FATF Secretariat is housed at the headquarters of the OECD in Paris.
iii) It comprises over 36 countries. India is a member.

Which of them is true?

a) Only i.
b) Only iii.
c) All of the above
d) None of the above