Current Affairs MCQ for UPSC Exams - 20 October 2022

Q.1) Which of the following products recently got Geographical Indication (GI) tag?

1.    Dindigul lock
2.    Kandangi saree
3.    Himachali kala jeera
4.    Himachali Chulli oil

Select the correct answer using the code given below:
A.    1 and 4 only
B.    1 and 2 only
C.    2 and 3 only
D.    1, 2, 3 and 4

Q.2) Match the following: 

      Products             GI tag origin state
1.    Dindigul lock        Tamil Nadu
2.    Kala jeera            Uttarakhand
3.    Sitabhog             West Bengal
4.    Rasgulla             Odisha  

Select the correct answer using the code given below:
A.    1 and 4 only
B.    1, 3 and 4 only
C.    2 and 3 only
D.    1, 2, 3 and 4

Q.3) Nar-Par-Tapi linking project, which is a combination of a lift irrigation scheme, tunnels and canals, will ensure 52 thousand million cubic feet (TMCft) water to which of the following regions?

A.    Saurashtra
B.    Bundelkhand
C.    Marathwada
D.    Malwa

Q.4) With reference to recent policy decisions on Startups in India, consider the following statements:

1.    Central Board of Direct Taxes (CBDT) notified the creation of a five-member special cell to address grievances of startups with relation to angel tax and other tax-related issues.
2.    All the startups in India has to pay a certain tax if they get an investment higher than the Fair Market Value (FMV). 
3.    CBDT is falling under the Ministry of Finance. 

Which of the statements given above is/are incorrect?
A.   1 and 2 only
B.   2 and 3 only
C.   1, 2 and 3 only 
D.   2 only 

Q.5) With reference to the Compensatory Afforestation Fund (CAF), consider the following statements:

1.    The funds have been collected as compensation from industry for razing forest land for business.
2.    Recently, Union Minister for Environment handed over Rs. 47,000 crores from Compensatory Afforestation Fund (CAF) to 27 states with Karnataka being the top recipient of funds.
3.    Compensatory Afforestation Fund (CAF) Act established in 2016.

Which of the statements given above is/are correct?
A.   1 and 2 only
B.   2 and 3 only
C.   1, 2 and 3 only 
D.   3 only 
 

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