Current Affairs MCQ for UPSC Exams – 06 May 2016

Q.1- Consider the following statements and mark the correct answer?

1. Normal Rainfall : 95-105 percent of average
2. Deficient Rainfall : Below 90 percent of average
3. Above Normal Rainfall : above 110 percent of average

Which of the following statements are correctly matched according to IMD categorization

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

Q.2- Which of the following is correct regarding proposed monetary policy committee?

1. It will have all the members from RBI
2. Nominated members will be nominated by external selection committee.
3. The RBI governor will never vote

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

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