Current Affairs MCQ for UPSC Exams – 21 January 2016


Current Affairs MCQ for UPSC Exams – 21 January 2016


Q.1- The price of any currency in international market is decided by the

1. World Bank
2. demand for goods/services provided by the country concerned
3. stability of the government of the concerned country
4. economic potential of the country in question

Which of the statements given above are correct?

(a) 1, 2, 3 and 4
(b) 2 and 3 only
(c) 3 and 4 only
(d) 1 and 4 only

Q.2- INS Vikrant and INS vikramaditya are name of which of the following?

A. Aircraft carrier
B. Frigates
C. Nuclear powered submarine
D. Patrol vessels

Q.3- Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two?

(a.) FII helps bring better management skills and technology, while FDI only brings in capital
(b.) FII helps in increasing capital availability in general, while FDI only targets specific sectors
(c.) FDI flows only into the secondary market, while FII targets primary market
(d.) FII is considered to be more stable than FDI

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