Current Affairs MCQ for UPSC Exams - 08 July 2020

Q1. Which of the following statements regarding the newly launched Pan Indian- Agriculture Infrastructure Fund stands true ?

1) Under the scheme, one lakh crore rupees will be provided by banks and financial institutions as loans to Primary Agricultural Credit Societies, Marketing Cooperative Societies, Farmer Producers Organizations, Self Help Group, Farmers, Startups and Centre and State agency among others.
2) The Agri Infra fund will be managed and monitored through an online Management Information System (MIS) platform which will enable all the qualified entities to apply for loan under the fund.
3) The duration of the Scheme will be for five years from Fiscal year 2020 to 2025.

Options :

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

Q2. A gas giant is a giant planet composed mainly of hydrogen and helium. Gas giants are sometimes known as failed stars because they contain the same basic elements as a star. Which of the following planets of the atmosphere are known as gas giants ?

1) Earth
2) Jupiter
3) Mars
4) Uranus
5) Saturn

Options :

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

Q3. A scheme for providing affordable rental housing to about 3 lakh urban migrants was recently approved by the Union Cabinet. Which of the following statements regarding the scheme stands true?

1) Under the scheme about 1.03 lakh completed government-funded houses across cities that were yet to be allotted to beneficiaries under existing schemes would be converted into the rental housing complexes.
2) The target beneficiaries would be workers who come from rural areas or towns to work in manufacturing, hospitality, health, construction, etc.
3) The scheme will be implemented by the rural development ministry.

Options :

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

Q4. A quorum is the minimum number of members of a deliberative assembly (a body that uses parliamentary procedure, such as a legislature) necessary to conduct the business of that group. With respect to quorum of Rajyasabha,which of the following statements stands true ?

1) Under article 100 of the Constitution, the quorum to constitute a meeting of either House of Parliament is one-fifth of the total number of members of the House. 
2) If at anytime during a meeting of a House there is no quorum, it shall be the duty of the Chairman or person acting as such, either to adjourn the House or to suspend the meeting until there is a quorum.
3) The term of individual members is six years and casual vacancies whenever occurring, are filled through bye-elections for the remaining term only.

Options :

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

Q5. The controversial 2000 MW Sharavathi Pumped Storage Hydel project is proposed to come up in the Sharavathi Wildlife Sanctuary; famous for which of the following endangered species of animals/birds ?

a) Malabar Hornbill
b) Lion-tailed macaque
c) NilgiriTahr
d) Flying fox

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