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Current Affairs MCQ for UPSC Exams - 29 October 2020

Q1 NITI Aayog, Ministry of Power, Rockefeller Foundation and Smart Power India recently launched the ‘Electricity Access in India and Benchmarking Distribution Utilities’ report. Which of the following statements regarding the report stands true ?

1) The report underlines some best practices adopted by the better-performing electricity distribution utilities in India and provides key recommendations to enhance sustainable electricity access.
2) According to the report, 92 per cent of customers reported the overall availability of electricity infrastructure within 50 metres of their premises.
3) However, the hours of supply have reduced significantly across the customer categories to nearly 17 hours per day from 24hours per day.

Options :
a) 1 & 2 only

b) 2 & 3 only

c) 1 & 3 only

d) all the above

Q2 Defence Secretary recently said that the Union Government is looking forward to doubling the number of Defence MSME’s in the next four to five years.The second Defence Industrial Corridor is expected to attract investments worth 3,123 crore rupees, according to Ministry of Defence officials. Which of the following cities will be connected under the second defence industrial corridor ?

1) Coimbatore
2) Mumbai
3) Trichy
4) Coorg
5) Salem

Options :
a) 1,2 & 3 only

b) 2,3 & 5 only

c) 1,3 & 5 only

d) 2,4 & 5 only

Q3 India and the United States will sign the Basic Exchange and Cooperation Agreement for Geo-Spatial Cooperation during the recently held 2+2 dialogue. Which of the following statements regarding the same stands true ?

1) With this agreement, India and the US will be able to exchange important military information such as advanced satellite and topographic data including maps, geophysical data, geodetic data, geomagnetic data, gravity data and nautical and aeronautical charts.
2) The agreement also include the provision of sharing classified information with proper safeguards. It will further ensure that it is not shared with any third party.
3) The spatial data will have several military applications which will help in improving the accuracy of the missile systems of Unitedstates in its Afghanistan war.

Options :
a) 1 & 2 only

b) 2 & 3 only

c) 1 & 3 only

d) all the above

Q4 The Reserve Bank of India has asked all the lending institutions to implement the waiver of interest on interest schemes for loans up to Rs 2 crore. Which of the following statements regarding the scheme stands true ?

1) Under this scheme, the lending institutions have been advised to grant the difference between compound interest and simple interest to the eligible borrowers in their respective accounts for the prescribed period.
2) The scheme covers the education loans and MSME loans only.

Options :
a) 1only

b) 2 only

c) 1 & 2 only

d) None of the above

Q5 Which of the following Indian states recently announced floor price for vegetables as part of the government’s measures to bail out farmers hurt by the Covid-19 pandemic ? declaring that his is the first state in the country to do so.

Options :
a) Gujarat
b) Maharashtra
c) Kerala
d) Karnataka

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Current Affairs MCQ for UPSC Exams - 29 October 2020