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    Daily Current Affairs English

    Weekly Current Affairs Quiz

    2

    Weekly Current Affairs: Quizzes 13/06/2022 to 18/06/2022

    1 / 12

    Q1. Recently FATF was in news in context of Pakistan being put in grey list. Consider the following statement about FATF:
    1. It's an inter-governmental body established on the initiative of the G20.
    2. It works to generate the necessary political will to bring about national reforms in response to anti-money laundering and combating financing of terrorism.
    3. The FATF Secretariat is housed at the headquarters of the OECD in Paris.
    4. India has the status of observer in the grouping.
    Which of the statements given above is/are correct?

    2 / 12

    Q2. Recently there was news about Web 5.0. In this context, which of the following is/are the part(s) of “Net Neutrality”?
    1. Anyone from anywhere around the world should be able to access or provide services and content on the internet without any discrimination.
    2. The government can impose rules and regulation to ensure the observance of domestic laws.
    Select the correct answer using the code given below:

    3 / 12

    Q3. Recently the headquarters of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) was inaugurated at Bopal, Ahmedabad. Consider the following statements about Indian National Space Promotion and Authorisation Centre (IN-SPACe):
    1. It will facilitate the private companies to use Indian space infrastructure.
    2. With this, even foreign companies will be provided level playing field in satellites, launches and space-based services.
    3. Future projects for planetary exploration, outer space travel will be open for the private sector.
    4. It is an autonomous and single window nodal agency in the Department of Space.
    Which of the statements given above is/are correct?

    4 / 12

    Q4. The Single Nodal Agency (SNA) Dashboard of PFMS (Public Financial Management System) was recently launched by the Union Ministry of Finance. What do you understand by PFMS?
    1. It is a system to tracks fund disbursement in real time for both states and union government.
    2. It provides real-time information regarding all government schemes, and on resource availability and utilisation across schemes.
    Select the correct answer using the code given below:

    5 / 12

    Q5. The MSP is fixed twice a year on the recommendations of the Commission for Agricultural Costs and Prices (CACP). In this context consider the following matches.
    1. A2 costs 🡪 All paid-out expenses, both in cash and kind, incurred by farmers on seeds, fertilisers, chemicals, hired labour, fuel and irrigation, among others.
    2. A2+FL 🡪 Actual paid-out costs plus an imputed value of unpaid family labour.
    3. C2 costs 🡪 Account for the rentals and interest forgone on owned land and fixed capital assets respectively, on top of A2+FL.
    Which of the matches given above is/are correct?

    6 / 12

    Q6. Which of the following has become the first Asian country to legalise the Cannabis?

    7 / 12

    Q7. The Supreme Court has threatened to initiate contempt proceedings against the chief secretary of Telangana. Which of the following is true with respect to the Supreme Court’s power of contempt?
    1. ‘Civil contempt’ is a ‘wilful disobedience to any judgment, decree, direction, order, writ or other processes of a Court or wilful breach of an undertaking given to the court’.
    2. ‘Criminal contempt’ is ‘the publication (whether by words, spoken or written, or by signs, or by visible representation, or otherwise) of any matter to scandalises, Prejudices, or interferes with the due course of justice.
    Select the correct answer using the code given below:

    8 / 12

    Q8. June 6 2022 marked the completion of 25 years of BIMSTEC. Which of the following is/are NOT the member(s) of BIMSTEC?
    1. Bangladesh
    2. Bhutan
    3. India
    4. Vietnam
    5. Nepal
    6. Laos
    7. Thailand
    Select the correct answer using the code given below

    9 / 12

    Q9. The Reserve Bank of India (RBI) in its bimonthly policy review meeting increased the key repo rate by 50 basis points. What could be the impact of the decision?
    1. The flow of money will increase in the economy leading to decrease in the inflation.
    2. The flow of money will decrease in the economy leading to decrease in the inflation.
    3. It will hurt the borrowing power of corporates in India.
    4. It will strengthen the borrowing powers corporates in India.
    Select the correct answer using the code given below:

    10 / 12

    Q10. With the electric vehicle (EV) industry growing rapidly, the demand for lithium, an essential resource for EV battery makers, has surged along. In this context, what are the reasons for using lithium-ion batteries?
    1. A typical lithium-ion batteries hold more charge for a longer time.
    2. It does not require complete discharge prior to recharging.
    3. Lithium-ion batteries are able to handle more charge/discharge cycles.
    4. Lithium-ion batteries are less environmentally damaging than batteries containing heavy metals such as cadmium and mercury.
    Select the correct answer using the code given below:

    11 / 12

    Q11. Government of India, for the first time this year, will present a unified count of the tiger, leopard and elephant populations of the country. What of the following are true about the old methods?
    1. Head count method was being deployed to count elephants.
    2. Based on sightings in camera traps and indirect estimation methods, tiger numbers are computed.
    Select the correct answer using the code given below:

    12 / 12

    Q12. Recently some river activists were demanding prompt measures to save the Ganga and Yamuna Rivers. In this context, what do you know about the Namami Gange Programme?
    1. National Mission for Clean Ganga will get powers under Wildlife Protection Act to implement the project.
    2. National Council for River Ganga headed by Minister of Jal Shakti is created for overall superintendence.
    3. National Mission for Clean Ganga will approve the Ganga Basin Management Plan.
    4. District Magistrate in each of the ganga bank districts will take cognizance of local threats and conceptualise such measures as necessary.
    Select the correct answer using the code given below:

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