Current Affairs MCQ for UPSC Exams - 05 January 2021

Q.1) Consider the following statements regarding Central Economic Intelligence Bureau:

1. It is an Indian intelligence agency responsible for gathering information and monitoring the economic and financial sectors for economic offences and warfare.
2. CEIB has suggested that bitcoins can be categorised under ‘intangible assets’ class and a GST levy could be imposed on all transactions. 
3. The CEIB also cooperates at the international level with the agencies of other countries responsible for customs, drugs and economic law enforcement.
Which of the statements given above is/are correct?

(a) 1 and 3 only

(b) 2 and 3 only

(c) 1 and 2 only

(d) All the above

Q.2) Match the following:

       Project name:                              Meant for 
1. NISARGRUNA                        Biogas plant Based on Biodegradable waste resource technology.
2. Bhabha Kavach technology    Bullet proof jacket
Which of the matches given above is/are correct?

(a) Neither 1 nor 2

(b) Both 1 and 2 

(c) 1 only

(d) 2 only

Q.3) Consider the following statements regarding Trans fats:

1. Trans fats are associated with increased risk of heart attacks and death from coronary heart disease. 
2. The WHO has also called for global elimination of trans fats by 2023.
3. In 2011 that India first passed a regulation that set a TFA limit of 10% in oils and fats, which was further reduced to 5% in 2015
Which of the statements given above is/are correct?

(a) 1 and 3 only

(b) 2 and 3 only

(c) 1, 2 and 3 only

(d) 2 only

Q.4) TRIPS agreement pertains to 

(a)International tariff regime 

(b) Intellectual property protection

(c) International practice on trade facilitation 

(d) International taxation of property 

Q.5) Consider the following statements regarding lithium:

1.Lithium, a silver-white alkali metal, is crucial building block of lithium-ion rechargeable batteries that power electric vehicles, laptops and mobile phones.
2.Argentina has the second largest reserves of lithium.

Which of the statements given above is/are correct?

(a) Neither 1 nor 2

(b) Both 1 and 2 

(c) 1 only

(d) 2 only

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