Current Affairs MCQ for UPSC Exams - 7 March 2018

Q1. Consider the following statements about EBRD

i) The European Bank for Reconstruction and Development is an international financial institution founded in 1991.
ii) As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies.
iii) Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from central Europe to central Asia.
iv) Biggest shareholder is China.

a) Only i
b) Only i,ii,iii
c) Only iv
d) All of the above

Q2. Which of the following is main objective of Aadhaar Pay?

a) To enable peer-to-peer money transaction.
b) To enable merchants to receive digital payments using Aadhaar
c) To integrate UPI with Aadhaar
d) To link Jan-Dhan Accounts with Aadhaar number

Q3. WhatseparatesNorth Korea and South Korea?

a) The Military Demarcation Line(MDL)
b) Demilitarize Zone(DMZ)
c) South China Sea
d) None of the above
 

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Answer:

1 (b), 2 (b), 3 (a)