Current Affairs MCQ for UPSC Exams - 16 NOVEMBER 2018

Q1. Consider the following statements about Indian cooperative sector :

1)Indian cooperative sector with a network of over 8.50 lakh cooperatives and a membership of well over 25 crores operations across the spectrum has made it the biggest in the world.
2) The Government of India through the Cooperative Societies Act, 1919 transferred the subject of “Cooperative Societies” to the then provincial governments and subsequently the provincial governments enacted their own Cooperative Societies Acts to promote growth of the cooperatives.
3) NCDC (National Cooperative Development Corporation), being the most preferred financial institution in the world of cooperatives, has embarked on Sahakar 22, a Mission for Doubling Farmers’ Income by 2022.

Which of the above statements are true ?

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

Q2. Consider the following pairs of mountain types with their examples :

1) Fold mountains : Rocky mountains
2) Volcanic mountains : Mt.Fuji
3) Dome mountains : Alps
4) Block mountains : Sierra Nevada

Which of the above pairs are correctly matched ?

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

Q3. Consider the following statements regarding RERA (Real Estate Regulatory Authority ) :

1) The Real Estate (Regulation and Development) Act, 2016 seeks to protect home-buyers as well as help boost investments in the real estate industry.
2) the Act also mandates that the RERA( Real Estate Regulatory Authority) shall take suitable measures for the promotion of advocacy, creating awareness and imparting training about laws relating to real estate sector and policies.
3)In India till the year 2016, there was no regulator for real estate and construction sector, which is the largest employer after agriculture and housing.

Which of the above statements are true ?

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

Q4. Which of the following statements with respect to aadi mahotsav festival are not true ?

1) It is a National Tribal Festival is being organized in New Delhi by the Ministry of Tribal Affairs to celebrate, cherish and promote the spirit of tribal craft, culture, cuisine and commerce.
2) The festival seeks to channelize and promote their natural skills and provide then sources of income.
3) The national scheduled tribe finance and development corporations (NSTDFC) is the main organiser of the festival along with providing sufficient financial support.

a) 1 only
b) 2 only
c) 3 only
d) 2 & 3 only

Q5. Which of the following institutions/governing bodies releases the “Financial Stability Report” in India ?

a) Department of Industrial Policy & Promotion
b) Reserve Bank Of India
c) NITI Ayog
d) Ministry of Finance

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ANSWER:

1(d), 2(c), 3(d), 4(c), 5(b)

c