Current Affairs MCQ for UPSC Exams - 20 January 2021

Q.1) Consider the following statements regarding fiscal deficit:

1. It is the difference between a government’s expenditure and revenues.
2. Itis measured as a percentage of real GDP and is the most important measure of the health of a government’s balance sheet.
3. When revenue is higher, the budget is seen as fiscal deficit.
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) The world’s largest FSP (600 MW solar energy) will be constructed at

(a) Omkareshwar Dam

(b) Bargi Dam

(c) Sardar Sarovar Dam

(d) Indira Sagar Dam

Q.3) Consider the following statements regarding Chabahar Port:

1. It is located in the Gulf of Oman.
2. It is jointly being developed by India and Iran.
3. It gives India a sea-land access route into Afghanistan and CentralAsia through Iran's eastern borders.
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) 1 and 2 only

Q.4) The term used to indicate the growth of new blood vessels is called

(a)Metastasis

(b) Angiogenesis

(c) Biosynthesis

(d) Apoptosis

Q.5) With reference to the World food price index, consider the following statements:

1. It is a measure of the quarterly change in international prices of a basket of food commodities.
2.It consists of the average of five commodity group price indices (cereal, vegetable, dairy, meat and sugar), weighted with the average export shares.

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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Current Affairs MCQ for UPSC Exams - 20 January 2021