Current Affairs MCQ for UPSC Exams - 22 April 2021

Q.1) With reference to the Council of the European Union, consider the following statements:

1. It is the third of the seven Institutions of the European Union (EU) as listed in the Treaty on European Union.
2. It is one of three legislative bodies and together with the European Parliament serves to amend and approve the proposals of the European Commission, which holds legislative initiative.
3. The Presidency of the Council rotates every year among the governments of EU member states.
Which of the statements given above is/are correct?

(a) 1 and 3 only

(b) 2 and 3 only

(d) 1, 2 and 3 only

Q.2) The new vaccine-production platform Fusion peptide is invented by

(a) Dr. Kizzmekia Corbett

(b) Dr. Balram Bhargava

(d) Dr Steven L Zeichner

Q.3) With reference to the Countercyclical capital buffer, consider the following statements:

1. It is equity capital to be kept by a bank to meet business cycle related risks.
2. It aims to build up a buffer of capital in good times which may be used in difficult times.
3. RBI issued guidelines on CCyB in 2015 but has kept the ratio at 0% ever since.

Which of the statements given above is/are correct?

(a) 1 and 3 only

(b) 2 and 3 only

(d) 2 only

Q.4) Which among the following countries has not been part of Currency Watch List?

(a)Thailand

(b) Japan

(d) Singapore

Q.5) With reference to the Bru refugees, consider the following statements:

1.They resides in Mizoram, Tripura, and parts of southern Assam, and is ethnically distinct from the Mizos of Mizoram.
2. In Assam, they are categorised as Particularly Vulnerable Tribal Group (PVTG).
Which of the statements given above is/are incorrect?

(a) Neither 1 nor 2

(b) Both 1 and 2

(d) 2 only

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Current Affairs MCQ for UPSC Exams - 22 April 2021