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Current Affairs MCQ for UPSC Exams – 02 November 2015

:: National ::

1. Which among the following statements are correct with respect to pulses in India?

a) Tur and Urad are rabi crops.
b) State owned FCI are the only institutions involved in the procurement of pulses.
c) Higher MSP has resulted in increased production of pulses in general.

A) ALL
B) a and b
C) b and C
D) None

:: Business ::

2. With respect to National Pharmaceutical Pricing Authority consider the following statements

a) NPPA is an organization of the Government of India which was established, inter alia, to fix/ revise the prices of controlled bulk drugs and formulations and to enforce prices and availability of the medicines in the country.

b) The organization is also entrusted with the task of recovering amounts overcharged by manufacturers for the controlled drugs from the consumers.

c) It also monitors the prices of decontrolled drugs in order to keep them at reasonable levels.

Which among the above given statements are correct

A) a and b
B) a, b, c
C) b and c
D) c and a

3. As proposed by cabinet monetary policy in India will be determined by a committee in the future. Which among the following statements is correct regarding the committee?

a) Committee will have five members in which the government will nominate two members and the RBI one expert, besides two of its officials: the Deputy Governor and the executive director;
b) RBI Governor will have veto power in the committee.

A) a only
B) b only
C) Both
D) None