Current Affairs MCQ for UPSC Exams – 11 January 2017

Current Affairs MCQ for UPSC Exams – 11 January 2017

Q.1- Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are: (2011)

1. Credit facilities
2. Savings facilities
3. Insurance facilities
4. Fund Transfer facilities

Select the correct answer using the codes given below the lists:

A. 1 only
B. 1 and 4 only
C. 2 and 3 only
D. 1, 2, 3 and 4

Q.2- Which of the following is/are correct regarding “One Belt One Road” initiative?

1. It covers twin initiative of Silk Road economic Belt and Maritime Silk Road.
2. It covers continent of Asia, Africa and Europe

A. 1 only
B. 2 only
C. Both
D. None

Q.3- Which of the following is/are correct regarding Minimum support prices?

1. More rabi crops are supported by MSP than kharif crops
2. Commission for Agricultural Costs and Prices decides the MSP

A. 1 only
B. 2 only
C. Both
D. None

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