Current Affairs Quiz 04 August 2022
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Current Affairs Quiz 04 August 2022 for UPSC Prelims
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- Question 1 of 5
1. Question
Among the following statements, which is/are the components of an “accommodative monetary policy” of the RBI?
1. Maintaining low repo and reverse repo rates.
2. Bulk purchase of gilt-edged securities from the market.
3. Putting restrictions on bank credit operations.
Select the correct answer from the options given below.CorrectAnswer: A
Option 3 is incorrect. Restricting bank credit or lending operations would pull back liquidity from the market which would be counter to accommodative monetary policy stance.
IncorrectAnswer: A
Option 3 is incorrect. Restricting bank credit or lending operations would pull back liquidity from the market which would be counter to accommodative monetary policy stance.
- Question 2 of 5
2. Question
With respect to the Preventive detention, which of the following statements is/are not correct?
1. The Constitution provides protection against arrest under a preventive detention law only to the citizens.
2. Both the Parliament and state legislatures can make a law regarding prevention detention.
Select the correct answer using the code given below.CorrectAnswer: A
The Article 22 grants protection to persons who are arrested or detained under a preventive detention law which is available to both citizens as well as aliens.
IncorrectAnswer: A
The Article 22 grants protection to persons who are arrested or detained under a preventive detention law which is available to both citizens as well as aliens.
- Question 3 of 5
3. Question
Which of the following statements regarding Food Fortification are correct?
1. Food fortification itself is the practice of deliberately increasing the content of an essential macronutrient in a food.
2. Fortification is the addition of key vitamins and minerals such as iron, iodine, zinc, Vitamin A & D to staple foods such as rice, milk and salt to improve their nutritional content.Which of the above statements is/are correct?
CorrectAns;-b) Only 2
About Food Fortification
• Food fortification itself is the practice of deliberately increasing the content of an essential micronutrient in a food.
• Fortification is the addition of key vitamins and minerals such as iron, iodine, zinc, Vitamin A & D to staple foods such as rice, milk and salt to improve their nutritional content.
• In order to achieve this, staple food producers add selected essential micronutrients such as vitamin A to staple foods such as flour or oil.
• Enriching means adding the original nutrients back into processed foods and fortifying means adding greatly-needed nutrients to foods that might not have had them in the first place.
• In countries where intakes of certain nutrients are very low, fortification can help to reduce nutrient deficiency diseases. One example is the addition of iodine to salt to decrease iodine deficiency disorders.IncorrectAns;-b) Only 2
About Food Fortification
• Food fortification itself is the practice of deliberately increasing the content of an essential micronutrient in a food.
• Fortification is the addition of key vitamins and minerals such as iron, iodine, zinc, Vitamin A & D to staple foods such as rice, milk and salt to improve their nutritional content.
• In order to achieve this, staple food producers add selected essential micronutrients such as vitamin A to staple foods such as flour or oil.
• Enriching means adding the original nutrients back into processed foods and fortifying means adding greatly-needed nutrients to foods that might not have had them in the first place.
• In countries where intakes of certain nutrients are very low, fortification can help to reduce nutrient deficiency diseases. One example is the addition of iodine to salt to decrease iodine deficiency disorders. - Question 4 of 5
4. Question
Which of the following statements about Regional Rural Banks are true?
1. RRB’s only operate in rural areas
2. RBI is the sole regulating body of RRB’s
Select the correct answer using the code below.Select the correct answer using the code below
CorrectAns. D
• RRBs were set up as government-sponsored, regional based rural lending institutions under Regional Rural Banks Act, 1976.
• They are scheduled commercial banks (Government banks) and are configured as hybrid micro banking institutions, combining local orientation and small scale lending culture of cooperatives and business culture of commercial banks
• RBI along with NABARD regulates RRB’S
There is no geographical restriction to set up RRB’s in urban area.IncorrectAns. D
• RRBs were set up as government-sponsored, regional based rural lending institutions under Regional Rural Banks Act, 1976.
• They are scheduled commercial banks (Government banks) and are configured as hybrid micro banking institutions, combining local orientation and small scale lending culture of cooperatives and business culture of commercial banks
• RBI along with NABARD regulates RRB’S
There is no geographical restriction to set up RRB’s in urban area. - Question 5 of 5
5. Question
Arrange the Lakes of Ladakh from north to south?
1. Tso Moriri
2. Tso Kar
3. Pangong LakeCorrectAns;- c) 3-2-1
IncorrectAns;- c) 3-2-1
