Current Affairs MCQ for UPSC Exams - 13 February 2021

Q.1) Consider the following statements regarding Category-1 licence for investment:

1. The licence implies lower compliance burden, simplified know-your-customer norms and documentation requirements, and fewer investment restrictions.
2. Recently Malaysia gets Category-1 licence for investment.
3. Nearly 80% of foreign portfolio investors were put under Category-1.
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) 2 only

Q.2) National Institute of Mental Health and Neuro Sciences is located in 

(a) Kolkata 

(b) Chennai 

(c) Delhi 

(d) Bengaluru 

Q.3) Consider the following statements regarding Specialty Steel: 

1. It is a steel containing alloys that provide special properties, such as resistance to corrosion or to heavy load.
2. It has been put under Production Linked Incentive (PLI) Scheme.
3. It is also called alloy steel.
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) With reference to the Oil zapper, consider the following statements:

1. It feeds on hydrocarbon compounds present in crude oil and converts them into CO2 and water.
2. It has been developed by The Energy and Resources Institute.
Which of the statements given above is/are incorrect?

(a) Neither 1 nor 2

(b) Both 1 and 2 

(c) 1 only

(d) 2 only

Q.5) Consider the following statements regarding The Energy and Resources Institute:

1. It is a not-for-profit, policy research organisation.
2. It working in the fields of energy, environment, and sustainable development.

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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