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Current Affairs MCQ for UPSC Exams - 25 FEBRUARY 2019

Current Affairs MCQ for UPSC Exams - 25 February 2019

Q1. Which of the following statements regarding the recently promulgated ordinance “ Banning of unregulated deposit schemes “2019 are true ?

1) The proposed ordinance will immediately tackle the deposit taking activities in the country launched by rapacious operators, which at present are exploiting regulatory gaps and lack of strict administrative measures.
2) According to the Ordinance, the amounts received by way of contributions towards the capital by partners of any partnership firm or a limited liability partnership(LLP) are exempt.
3) All the chit funds running in the country will also be coming under the proposed ordinance ,unless they are registered with the competent authority.

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

Q2. Which of the following compounds/gases are used in a dry chemical fire extinguisher ?

1) Sodium Bicarbonate
2) Potassium hydroxide
3) Potassium Bicarbonate
4) Mono-ammonium Phospate
5) Sodium Phosphate

(a)1,2 & 3 only
(b)3,4 & 5 only
(c) 1,3 & 4 only
(d) all of the above

Q3. The Financial action task force (FATF) is under consideration to put Pakistan in its Black list .Which of the following will be a possible impact of such an action ?

1) It would mean an enhanced financial scrutiny of Pakistan government.
2) There may be possible sanctions on its central bank.
3) It may lead to further downgrade of its financial and credit institutions.
4) Inclusion in the FATF black list automatically puts the country under UNSC 1267 listing which ensures that movement of terror outfits out of the country is completely restricted,or have access to any kind of funding or weaponry.

(a) 1 & 2 only
(b) 2 & 4 only
(c) 1 & 3 only
(d) 1,2 & 3only

Q4. Consider the following statements regarding missions with respect to development of smart cities in India :

1) The India Smart Cities Fellowship aims at giving exposure to the interns in various areas of urban development like planning, design, engineering, information and technology, mobility, finance, social sector and environmental issues under Smart Cities Mission.
2) The India Smart Cities Internship (ISCI) programme seeks to engage young graduates/post-graduates and PhDs in the fields of urban planning, design, engineering, information and technology, mobility, finance, social sector and environmental issues for a period of one year, extendable upto three years.
3) The Ease of Living Index seeks to help cities assess their liveability vis-à-vis national and global benchmarks. It is to enable cities to leverage this knowledge to formulate plans and prioritise investments. Ease of Living assessment standards are linked to Sustainable Development Goals (SDGs) of United Nations (UN).

Which of the above statements are true ?

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