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Current Affairs MCQ for UPSC Exams - 11 February 2021

Q.1) Recently seen in news the study of Economic impact of judicial decisions, consider the following statements:

1. The study conducted by Ministry of Finance.
2. The findings will be used as a training input for judges of commercial courts, NGT, HCs, SC.
3. Generally, economic cost is not considered by the judiciary while delivering judgments.

Which of the statements given above is/are correct?

(a) 1 and 3 only

(b) 2 and 3 only

(d) 2 only

Q.2) Recently seen in news about ‘Hope Probe’ it is an initiative of which of the following country?

(a) USA

(b) Russia

(d) UAE

Q.3) Consider the following statements regarding Open Market Operations.

1. It has been conducted by the RBI.
2. The way of sale and purchase of Government Securitiesto and from the market with an objective to adjust rupee liquidity conditions in market on a durable basis.
3. When RBI feels that there is excess liquidity in market, it resorts to sale of securities thereby sucking out the rupee liquidity.

Which of the statements given above is/are correct?

(a) 1 and 3 only

(b) 2 and 3 only

(d) 2 only

Q.4) Which of the following app has won Atmanirbhar Innovation Challenge?

(a)Roposo

(b) Koo

(d) ShareChat

Q.5) With reference to the Major Port Authorities Bill, 2020, consider the following statements:

1.The new bill has proposed a simplified composition of the Board of Port Authority that will consist of 11-13 members from the current 17-19 members who represent different interests.
2.The port authority has now been given the authority to set a tariff that serves as a reference tariff for tendering PPP projects.
Which of the statements given above is/are correct?

(a) Neither 1 nor 2

(b) Both 1 and 2

(d) 2 only

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Current Affairs MCQ for UPSC Exams - 11 February 2021