Current Affairs MCQ for UPSC Exams - 17 July 2020

Q1. In the backdrop of a likely rise in non-performing assets (NPA) due to the pandemic, the Reserve Bank of India (RBI) recently asked Asset Reconstruction Companies (ARCs) to adopt a ‘Fair Practices Code’ (FPC).Which of the following statements regarding the same stands true ?

1) The FPC is expected to ensure the highest standards of transparency and fairness while dealing with their stakeholders.
2) The ARCs must put in place a Board approved Code of Conduct for Recovery Agents and obtain their undertaking to abide by that Code. However, ARCs would not be responsible for the actions of their Recovery Agents.
3) ARCs also need to maintain arm’s length distance and remain non-discriminatory in acquisition of assets.

Options :

a) 1 & 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all the above

Q2. South China has been an area of dispute between China and many of the south east Asian countries for long.Which of the following islands lies in the South China sea ?

1) Howland island
2) Spratly island
3) North island
4) Triton island
5) Woody island

Options :

a) 1,2 & 3 only
b) 2,4 & 5 only
c) 1,4 & 5 only
d) 2,3 & 5 only 

Q3. Which of the following statements regarding the recently released State of Food Security and Nutrition in the World (SOFI) 2020 report stands true ?

1) The report underlines that in line with findings in the previous editions, hunger continues to be on the rise since 2014 and the global prevalence of undernourishment, or overall percentage of hungry people, is 8.9%.
2) Asia remains home to the greatest number of undernourished (38 crore). Africa is second (25 crore), followed by Latin America and the Caribbean (4.8 crore).
3) The report was released by World Bank in association with World health Organisation.

Options :

a) 1 & 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all the above

Q4. Recently epidemologoists have discovered some indigenous species of bugs that can be used as biological weapon against crop pests.Which of the following statements regarding the discovery stands true ?

1) Two types of ladybird beetles are among the three indigenous bugs found to be the biological weapons against a Caribbean-origin enemy of Indian fruit farmers — the woolly whitefly.
2) The whitefly (Aleurothrixusfloccosus) is invasive and polyphagous, meaning a creature that feeds on various kinds of food.
3) According to the Indian Council of Agricultural Research (ICAR), pests damage 30-35% of crops in the country annually.

Options :

a) 1 & 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all the above

Q5. For the first time after 1965, India will send a vessel from Kolkata to Chittagong port through sea route and the cargo will be transported by road from Chittagong to Agartala. The Chittagong port lies in which of the following countries 

a) Myanmar
b) Bangladesh
c) Maldives
d) Srilanka

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