Current Affairs MCQ for UPSC Exams – 07 February 2016

Q.1- With Reference to the Fourteenth Finance Commission, which of the following statements is/are correct?

1. It has increased the share of States in the central divisible pool from 32 percent to 42 percent
2. It has made recommendations concerning sector-specific grants
3. It has recommended to delink some of the social sector schemes from the support of theUnion.

Select the correct answer using the code given below.

a) 1 only
b) 1 and 2
c) 1 and 3
c) All

Q.2- Which of the following provisions are correct regarding PC-PNDT act?

1. It authorises only government approved hospitals to conduct tests for the purpose of determining the sex of the foetus.
2. It regulates the use of pre-natal diagnostic techniques, like ultrasound and amniocentesis.

A. 1 only
B. 2 only
C. Both
D. None

Q.3- In India, deficit financing is used for raising resources for

A. economic development
B. redemption of public debt
C. adjusting the balance of payments
D. reducing the foreign debt

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