Current Affairs Quiz 27 March 2026

Q1. Which of the following factors can increase India’s oil import burden?

1. Rise in global crude oil prices
2. Depreciation of Indian rupee
3. Increase in domestic oil production

Select the correct answer using the code below:
A. 1 and 2 only
B. 2 and 3 only
C. 1 and 3 only
D. 1, 2 and 3

Q1. (A)

Explanation:

• Statement 1: Correct — Price Effect
  • Higher global crude prices directly increase India’s import bill.
  • Example: Oil rise from ~$69 → $123/barrel nearly doubles import expenditure.
  • Impact: Worsens Current Account Deficit (CAD) + fuels inflation.
• Statement 2: Correct — Exchange Rate Effect
  • Oil is dollar-denominated → rupee depreciation increases cost per barrel.
  • Example: ₹91 → ₹94/$ increases effective import cost even if oil price is constant.
  • Leads to imported inflation + fiscal stress (subsidies).
• Statement 3: Incorrect — Import Substitution Effect
  • Higher domestic production reduces dependence on imports.
  • Improves energy security + CAD stability.

Q2. Which of the following statements best reflects the ethical principle underlying living wills?
A. Principle of beneficence
B. Principle of autonomy
C. Principle of non-maleficence
D. Principle of justice

Q2. (B)

Explanation:

• Correct Answer: Autonomy (Core Principle)
  • Living will = patient’s right to decide future medical treatment.
  • Rooted in Article 21 → Right to dignity.
  • Recognised in Common Cause (2018).
• Why Others Are Incorrect ?
  • Beneficence: Doctor acts in patient’s best interest (doctor-centric).
  • Non-maleficence: “Do no harm” → avoids suffering but secondary here.
  • Justice: Fair allocation of healthcare resources.

Q3. Consider the following statements:

1. UDAN scheme was launched to promote affordable regional air connectivity.
2. Under UDAN, all seats on flights are capped at ₹2,500 per hour of travel.

Which of the statements given above is/are correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2

Q3. (A)

Explanation:

• Statement 1: Correct
  • UDAN (Ude Desh ka Aam Nagrik) → launched under National Civil Aviation Policy 2016.
  • Objective: Regional connectivity + inclusive growth.
• Statement 2: Incorrect — Partial Fare Capping
  • Only ~50% of seats are capped at ₹2,500/hour.
  • Remaining seats are market-priced → ensures airline viability.

Q4. Consider the following pairs:

1.Beas–Sutlej

2.Ravi–Chenab

3.Sutlej–Indus)

Which of the pairs given above is/are correctly matched?
A. 1 and 2 only
B. 2 and 3 only
C. 1 and 3 only
D. 1, 2 and 3

Q4. (D)

Explanation:

• Beas → Sutlej (Harike Barrage) → Correct
• Ravi → Chenab (in Pakistan) → Correct
• Sutlej → Indus (in Pakistan) → Correct

Q5. Which of the following statements regarding the WTO Dispute Settlement System (DSS) is/are correct?

1. It consists of a single-tier adjudication mechanism.
2. The Appellate Body is the final authority for dispute resolution.
3. The Appellate Body has been non-functional since 2019 due to lack of required judges.

Select the correct answer:
A. 1 and 2 only
B. 2 and 3 only
C. 3 only
D. 1, 2 and 3

Q5. (B)

Explanation:

• Statement 1: Incorrect — Two-Tier System
  • Panel Stage (first tier)
  • Appellate Body (second tier)
• Statement 2: Correct
  • Appellate Body = final adjudicatory authority in WTO disputes.
• Statement 3: Correct — Current Crisis
  • Since 2019, Appellate Body is non-functional due to US blocking appointments.
  • Leads to “appeal into the void” problem → paralysis of dispute system.