3 March 2022 Current Affairs Quiz for UPSC Prelims
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Question 1 of 10
1. Question
2 points
The world faces global warming of __°C over the next two decades, according to a report by the Intergovernmental Panel on Climate Change (IPCC).
Correct
The world faces unavoidable multiple climate hazards over the next two decades with global warming of 1.5°C, and even temporarily exceeding this warming level would mean additional, severe impacts, some of which will be irreversible, according to a report by the Intergovernmental Panel on Climate Change (IPCC) that was made public on Monday
Incorrect
The world faces unavoidable multiple climate hazards over the next two decades with global warming of 1.5°C, and even temporarily exceeding this warming level would mean additional, severe impacts, some of which will be irreversible, according to a report by the Intergovernmental Panel on Climate Change (IPCC) that was made public on Monday
Question 2 of 10
2. Question
2 points
Which among these is Russia’s largest lender?
Correct
President Vladimir Putin raged against the West as he convened a meeting with officials, including central bank chief Elvira Nabiullina and the CEO of Russia’s largest lender Sberbank, German Gref, to address what the Kremlin called a new “economic reality”
Incorrect
President Vladimir Putin raged against the West as he convened a meeting with officials, including central bank chief Elvira Nabiullina and the CEO of Russia’s largest lender Sberbank, German Gref, to address what the Kremlin called a new “economic reality”
Question 3 of 10
3. Question
2 points
Who is the new chairperson of the Securities and Exchange Board of India (SEBI), the first-ever woman to head the capital markets regulator?
Correct
Former banker Madhabi Puri Buch has been appointed as the new chairperson of the Securities and Exchange Board of India (SEBI) — the first-ever woman to head the capital markets regulator.
Incorrect
Former banker Madhabi Puri Buch has been appointed as the new chairperson of the Securities and Exchange Board of India (SEBI) — the first-ever woman to head the capital markets regulator.
Question 4 of 10
4. Question
2 points
Legendary spinner Sonny Ramadhin who died recently played for which country?
Correct
Legendary West Indies spinner Sonny Ramadhin, who was part of the side that won its first away series in England in 1950, has died at the age of 92, Cricket West Indies said on Sunday
Incorrect
Legendary West Indies spinner Sonny Ramadhin, who was part of the side that won its first away series in England in 1950, has died at the age of 92, Cricket West Indies said on Sunday
Question 5 of 10
5. Question
2 points
The Henderson-Brooks Report was commissioned to investigate the conduct of military operations of which war?
Correct
India’s war with China ended in 1962
Incorrect
India’s war with China ended in 1962
Question 6 of 10
6. Question
2 points
British energy giant Shell snapped its joint venture with which Russian gas company in the wake of Russia’s invasion of Ukraine?
Correct
Gazprom
Incorrect
Gazprom
Question 7 of 10
7. Question
2 points
The Kuki insurgency is associated with which State, that is now in the midst of Assembly polls?
Correct
Manipur
Incorrect
Manipur
Question 8 of 10
8. Question
2 points
Consider the following statements regarding Swift (Society for Worldwide Interbank Financial Telecommunications) messaging system.
1.It is a messaging network that financial institutions use to securely transmit information and instructions through a standardized system of codes.
2.SWIFT facilitate funds transfer and sends payment orders.
3.SWIFT India is a consortium of all Indian public sector banks.
Which of the above statements is/are correct?
Correct
Russia is India’s 25th largest trading partner with exports of $2.5 billion and imports of $6.9 billion in the first nine months of FY2022. India’s key exports to Russia include mobile phones and pharmaceuticals while India’s key imports from Russia are crude oil, coal and diamonds.
More than a quarter of the world’s wheat export comes from Russia and Ukraine.
Russia is the world’s largest exporter of wheat, accounting for more than 18% of international exports.
Egypt is the world’s biggest importer of wheat.
Of the approximate volume of 145 million kg of annual tea imports by Russia, 40 million kg is from India. Close to 45% of these is from South India.
Incorrect
Russia is India’s 25th largest trading partner with exports of $2.5 billion and imports of $6.9 billion in the first nine months of FY2022. India’s key exports to Russia include mobile phones and pharmaceuticals while India’s key imports from Russia are crude oil, coal and diamonds.
More than a quarter of the world’s wheat export comes from Russia and Ukraine.
Russia is the world’s largest exporter of wheat, accounting for more than 18% of international exports.
Egypt is the world’s biggest importer of wheat.
Of the approximate volume of 145 million kg of annual tea imports by Russia, 40 million kg is from India. Close to 45% of these is from South India.
Question 9 of 10
9. Question
2 points
Consider the following statements regarding Swift (Society for Worldwide Interbank Financial Telecommunications) messaging system.
1.It is a messaging network that financial institutions use to securely transmit information and instructions through a standardized system of codes.
2.SWIFT facilitate funds transfer and sends payment orders.
3.SWIFT India is a consortium of all Indian public sector banks.
Which of the above statements is/are correct?
Correct
It is a messaging network that financial institutions use to securely transmit information and instructions through a standardized system of codes. Under SWIFT, each financial organization has a unique code which is used to send and receive payments.
Incorrect
It is a messaging network that financial institutions use to securely transmit information and instructions through a standardized system of codes. Under SWIFT, each financial organization has a unique code which is used to send and receive payments.
Question 10 of 10
10. Question
2 points
While recommending minimum support prices (MSPs), the Commission for Agricultural Costs and Prices (CACP) looks at the following factors?
1.The market price trends at both domestic and international level
2.The likely implications of an MSP on consumers of that product
3.A minimum of 30 per cent as the margin over the cost of production
4.Inter-crop price parity
Select the correct answer code:
Correct
While recommending MSPs, the CACP looks at the following factors:
* the demand and supply of a commodity;
* its cost of production;
* the market price trends (both domestic and international);
* inter-crop price parity;
* the terms of trade between agriculture and non-agriculture (that is, the ratio of prices of farm inputs and farm outputs);
* a minimum of 50 per cent as the margin over the cost of production; and
* the likely implications of an MSP on consumers of that product.
Incorrect
While recommending MSPs, the CACP looks at the following factors:
* the demand and supply of a commodity;
* its cost of production;
* the market price trends (both domestic and international);
* inter-crop price parity;
* the terms of trade between agriculture and non-agriculture (that is, the ratio of prices of farm inputs and farm outputs);
* a minimum of 50 per cent as the margin over the cost of production; and
* the likely implications of an MSP on consumers of that product.
