Current Affairs MCQ for UPSC Exams - 13 March 2020

Q1 Observing mismatch in US dollar liquidity across the world, the Reserve Bank has announced a six month US dollar sell/buy swap to provide liquidity to the foreign exchange market. Which of the following statements regarding the same stands true ?

1) The Dollar-Rupee Swap is a liquidity management tool that is operated through a swap (exchange) between the US Dollar and the Rupee; aimed to facilitate comfortable liquidity situation in the economy.
2) What makes the new facility unique is its connection with foreign currency management at the same time dealing with rupee liquidity in the financial system.
3) So, the ultimate purpose of the mechanism is to manage dollar liquidity; though other objectives may also be realised.
Options :
a) 1 & 2 only 
b) 2 & 3 only 
c) 1 & 3 only 
d) all the above

Q2 Which of the following are the hybrid varieties of Maize available in India ?

1) Pant SankarDhan
2) Ganga-4
3) Sahyadri
4) Rattan
5) Himalayan
Options :
a) 1,2& 3 only
b) 2,3 & 5 only 
c) 1,3 & 4 only 
d) 1,2 & 5 only 

Q3 The scientists of ARCI (Advanced Research for Powder Metallurgy and New Materials) recently developed PEMFC (Polymer Electrolyte Membrane Fuel Cells) for managing natural disasters. Which of the following statements regarding the same stands true ?

1) The PEMFC is a system with 100 KW capacity. They have operational advantage to operate at very high-temperatures in decentralized systems of power generation.
2) The technology is to act as power house to Emergency Operation Centres. The Control Rooms that respond to disasters are now being altered as Emergency Operation Centres. 
3) It provides immediate support during Golden Hour and they operate using hydrogen gas and there is no necessity to use grid power.

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

Q4 With respect to International civil defence organization ( ICDO) which of the following statements stands true ?

1) The International Civil DefenceOrganisation (ICDO) is an intergovernmental organisation with the objective to contribute to the development by States of structures ensuring the protection and assistance of population and safeguarding property and the environment from natural or man-made disasters.
2) India is amongst the founding members of ICDO.
3) The origin of ICDO dates back to 1931. It was in Paris that the French Surgeon-General George Saint-Paul founded the Association of Geneva Zones, from which the present International Civil DefenceOrganisation originated.
Options :
a) 1 & 2 only 
b) 2 & 3 only 
c) 1 & 3 only 
d) all the above

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