Current Affairs MCQ for UPSC Exams - 22 MARCH 2019

Q1. The RBI’s decision to infuse rupee liquidity through long term foreign exchange swap, a first of its kind in liquidity management policy, is likely to boost investments by foreign portfolio investors under the voluntary retention route.

Which of the following statements regarding the same are true ?
1) Such a swap route has been explored by various emerging market economies as an effective tool to manage liquidity.
2) Apart from liquidity infusion, the move will boost the country’s foreign exchange reserves and is likely to support the exchange rate.
3) The objective of the regulator (RBI) is also to attract long-term and stable FPI investments in the debt market while providing FPIs with operational flexibility to manage their investments.

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

Q2. Consider the following pairs of hydro power projects in India and their corresponding rivers :

1) NathpaJakri :Satluj
2) Srisailam : Godavari
3) Indira sagar : Narmada
4) Dehar( Pandoh) : Ravi
5) Idukki :Periyar

Which of the above pairs are correctly matched ?
a) 1,2& 3 only
b) 3,4 & 5 only
c) 1,3 & 5 only
d) all of the above

Q3. Which of the following statements regarding Rajiv Gandhi PanchayatSashaktikaranYojana(RGPSY) are true ?

1) The goals of the scheme include to strengthen Gram Sabhas to function effectively as the basic forum of people’s participation, transparency and accountability within the Panchayat system.
2) The scheme recognizes the fact that States have different needs and priorities and therefore allows for State specific planning, whereby States can choose from a menu of permissible activities.
3) This scheme is applicable to all States/ UTs except those which presently are not covered by Part IX of the Constitution.

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

Q4. Consider the following statements regarding RTI act & the exemptions under the act :

1) The RTI act mandates that all records that are appropriate to be computerized and within a reasonable time and subject to availability be digitized.
2) Under the act any information received under the confidence of a foreign government is deemed to be valid unless it endangers the life or physical property of a person.
3) Even though national parties are public authorities ,they are exempted from RTI disclosures under section 8(1)of the RTI act.

Which of the above statements are not correct ?
a) 1 & 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all of the above

Q5. The books “Abhyuday”,”Hindustan” &” Leader” were written by which of the following Indian freedom struggle personalities ?

a) Lalahardayal
b) Hakim Ajmal Khan
c) Madan Mohan Malviya
d) Arvindghosh

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ANSWER:

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