Current Affairs MCQ for UPSC Exams – 22 September 2016

Current Affairs MCQ for UPSC Exams – 22 September 2016

Q.1- Which of the following is correct regarding Rail budget?

1. Railway finances were separated from the general government finances for the first time in 1954
2. At present railway revenue is not the part of consolidated fund of India

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

Q.2- With reference to the Agreement at the UNFCCC Meeting in Paris in 2015, which of the following statements is/are correct?

1. The Agreement was signed by all the member countries of the UN and it will go into effect in 2017.
2. The Agreement aims to limit the greenhouse gas emissions so that the rise in average global temperature by the end of this century does not exceed 2 °C or even 1.5 °C above pre-industrial levels.
3. Developed countries acknowledged their historical responsibility in global warming and committed to donate $ 1000 billion a year from 2020 to help developing countries to cope with climate change.

Select the correct answer using the code given below.

A. 1 and 3 only
B. 2 only
C. 2 and 3 only
D. 1, 2 and 3

Q.3- Which of the following is correct regarding India’s current account deficit (CAD)?

1. India’s yearly CAD in terms of GDP has continuously increased during last decade
2. India has highest trade deficit with the USA

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

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