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Current Affairs MCQ for UPSC Exams – 24 February 2017

Q.1- Which among the following is correct regarding Phalcon AWACS?

1. It is used by India for air superiority
2. It is made in U.S.

A. 1 only
B. 2 only
C. Both
D. None

Q.2-

1. The Centre has proposed amending law to empower States to pay wages by cheque or credit into bank accounts.
2. For that Union Labour ministry has proposed changes in the Section 6 of the Payment of Wages Act of 1936.

Which of the following statements is/are true-?

a) Only 1
b) Only 2
c) Both 1 & 2
d) Neither 1 nor 2

Q.3- consider the following statements about gold monetization scheme

1. scheme will enable depositors to earn interest on their on their gold accounts.
2. The sovereign gold bond will enable investors to buy gold certificates from the government, which can later be encashed for money or physical gold.

Which of the above statements is/are true

A. only 1
B. only 2
C. Neither 1 nor 2
D. Both 1 & 2