Current Affairs MCQ for UPSC Exams – 02 January 2017

Q.1-

a) Bank Rate- It is the rate which at RBI gives loan to commercial banks without keeping any collateral.
b) Marginal Cost of funds based Lending Rate (MCLR) ,will replace the present base rate system.

Which of the above statements correct?

A) a only
B) b only
C) both a and b
d) Neither a nor b

Q.2- An atomic clock is a clock device that uses an electronic transition frequency in the region of?

A. Gama rays
B. X rays
C. Micro wave
D. None of the above

Q.3- Which of the following are advantages of Toor dal?

1. Survive in poor soil conditions
2. The plants make good shade for other crops
3. Perennial up to 5 years

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

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