Current Affairs MCQ for UPSC Exams - 03 July 2019

Current Affairs MCQ for UPSC Exams - 03 July 2019

Q1. Consider the following statements regarding the turnover ratio of Indian stock market :

1) The turnover ratio, which is a universally accepted parameter to gauge trading volumes, is the total value of the shares traded in a specific period divided by the average market capitalisation of that period.
2) As per the latest analysis by the World Bank, the turnover ratio of the Indian stock market has fallen significantly in the last 10 years.
3) The fall had been the highest among most leading markets of the world, including the U.S. and the European Union.

Which of the above statements are true ?

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

Q2. Consider the following pairs of GI tagged products and their locations :

1) Kalahanditurmeric :Odisha
2) TiruppathiLaddu :Tamilnadu
3) JohaRice : Assam
4) Bhagalpur silk : West Bengal
5) Kathputlis : Rajasthan

Which of the above pairs are correctly matched ?

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

Q3. Which of the following statements regarding the Kisan Credit Card scheme( KCC) are not true ?

1) The scheme aims at providing adequate and timely cred it for the comprehensive credit requirements of farmers under single window for their cultivation and other needs.
2) The Rate of Interest will be linked to Marginal Cost Lending Rate( MCLR) and is left to the discretion of the banks.
3) As per RBI guidelines there is no requirement of security for availing the credits.

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

Q4. Which of the following statements with respect to NASA’s “PUNCH” mission are true ?

1) PUNCH, which stands for “Polarimeter to Unify the Corona and Heliosphere,” is focused on understanding the transition of particles from the Sun’s outer corona to the solar wind that fills interplanetary space.
2) The mission will image and track the solar wind and also the coronal mass ejections which are huge masses of plasma that get thrown out of the Sun’s atmosphere.
3) Since the Sun’s corona is much fainter than its surface layers, it can be viewed by the instruments directly.

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

Q5. The Phayeng village which is considered to be India’s first carbon positive village is in which of the following north eastern states ?

a) Nagaland
b) Assam
c) Meghalaya
d) Manipur

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Answer:

1. (a) 2. (c) 3. (b) 4. (a) 5. (d)