Current Affairs MCQ for UPSC Exams - 25 MAY 2019

Q1. Consider the following statements regarding the ChagosArchipelago :

1) The UK retained sovereignty over the islands after Mauritius gained its independence from Britain in 1968.
2) The islands have since been used for defence purposes by the UK exclusively which established a military base on the island of Diego Garcia.
3) India abstained from voting in the claiming of sovereignty by Mauritius in the recent voting at the UN general assembly resolution.

Which of the above statements are nottrue ?

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

Q2. Which of the following types of funds constitutes Alternate Investment Funds (AIF’s)?

1) Venture capital funds
2) Hedge funds
3) Infrastructure funds
4) SME funds
5) Debt fund

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

Q3. Which of the following constitutes the features of the newly proposed EQUIP ( Education Quality Upgradation and Inclusion Programme ) in education ?

1) Program is subjected to bridge the gap between policy and implementation in the field of higher education and its accessibility.
2) The program aims to promote the use of technology and online learning tools in imparting education.
3) The scheme also focuses on improving the gross enrolment ratios.

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

Q4. Which of the following statements constitute the recent measures suggested by the RBI led committee to increase the foreign inflows( FPI’s) into the country ?

1) The panel has proposed a fast track on-boarding procedure for foreign investors, apart from a simplified registration process.
2) The committee has also proposed alignment of regulations for FPIs and Alternate Investment Funds (AIFs) and the harmonisation between investment restrictions in FPI regulations and Foreign Exchange Management Act (FEMA).
3) It suggests continuation of FPI investment in liquid and money market mutual fund schemes.

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

Q5. Defence Research and Development Organisation (DRDO) has successfully test-fired an indigenously-developed 500 kg class guided bomb from a Sukhoi combat jet at Pokhran in Rajasthan.

The Sukhoi multi role fighter jets were manufactured by India in collaboration with which of the following countries ?

a) France
b) Russia
c) Israel
d) U.S

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ANSWER:

1.(b), 2.(c), 3.(d), 4.(a), 5.(b)