Current Affairs MCQ for UPSC Exams - 28 June 2020

Q1. Amid the economic woes created by the Coronavirus pandemic, the Reserve Bank of India (RBI) has decided to extend the enhanced borrowing facility provided to the banks to meet their liquidity shortages till September 30.Which of the following statements regarding the same stands true ?

1) Marginal Standing Facility is an overnight liquidity support provided by RBI to commercial banks with a higher interest rate over the repo rate.
2) MSF can be used by a bank after it exhausts its eligible security holdings for borrowing under other options like the LAF repo. 
3) Under MSF, banks cannot borrow funds from the RBI by pledging government securities within the limits of the SLR.

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

Q2. Ministry of Culture decides to celebrate SankalpParva from tomorrow to plant treeswhich have been identified by the Prime Minister and represent the herbal heritage of our country. Which of the following includes the trees under the programme ?

1) Bargad
2) Awla
3) Pepal
4) Ashok 
5) Bel

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

Q3. The LIGO Scientific and VIRGO Collaborations (LSC) have recently detected an unusual compact object whose mass falls in between that of a typical black hole and a neutron star. Which of the following statements regarding the same stands true?

1) Since the first detection of gravitational wave signals emerging from the coalescing of binary black holes in 2015, the LIGO and VIRGO detectors have detected mergers of pairs of black holes, pairs of neutron stars and black hole-neutron star duo.
2) Both the maximum mass of neutron star and minimum mass of a black hole will depend on the complex physics at the core of a neutron star, details of supernova explosion a star undergoes at the end of its stellar evolution and so on.
3) Due to the mass asymmetry, it becomes very easy to detect any signatures of neutron star ‘tides’ to give us insights about the star.

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

Q4. With respect to the Prime Minister’s National Relief Fund (PMNRF), which of the following statements stands true ?

1) The Prime Minister’s National Relief Fund (PMNRF) was established in 1948 with public contributions to assist displaced persons from Bangladesh.
2) PMNRF accepts only voluntary donations by individuals and institutions and contributions flowing out of budgetary sources of Government or from the balance sheets of the public sector undertakings are not accepted.
3) The resources of the PMNRF are now utilized primarily to render immediate relief to families of those killed in natural calamities like floods, cyclones and earthquakes, etc. and to the victims of the major accidents and riots.

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

Q5. The "Alliance for Multilateralism" launched  recentlyis an informal network of countries united in their conviction that a rules-based multilateral order is the only reliable guarantee for international stability and peace. It was proposed by launched by which of the following countries?

a) India
b) Germany
c) Switzerland
d) United States
 

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Answer : 1(a), 2(d), 3(a), 4(b), 5(b)