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Daily Quiz
18 May 2023

Ques:1

With reference to El Niño, consider the following statements

  1. The development of an El Niño cause weakening of the southwest monsoon season.
  2. It may also cause heatwaves and droughts in India.

Which of the above statements is/are correct?


Ques:2

With reference to Enforcement Directorate (ED), consider the following statements:

1. It is mandated with the task of enforcing the provisions of Foreign Exchange Management Act and Prevention of Money Laundering Act.

2. It is a statutory body.

3. Like CBI, Enforcement directorate can also register a case on its own.

Which of the statements given above is/are correct?


Ques:3

With reference to the Carbon Border Tax, consider the following statements:

1. It is a duty on imports based on the amount of carbon emissions resulting from the production of the product in question.

2. The carbon border tax involves imposing an import duty on a product manufactured in a country with more lax climate rules than the one buying it.

Which of the statements given above is/are correct?


Ques:4

With reference to QUAD, consider the following statements

  1. It is an informal strategic forum comprising four nations, namely — United States of America (USA), India, South Africa and Japan.
  2. The QUAD 2023 will be hoisted by Sydney.
  3. QUAD plus members includes South Korea, New Zealand, and Vietnam amongst others.

Which of the above statements are correct?


Ques:5

With reference to Trade deficit, consider the following statements

  1. A country running trade deficits means it gives other countries to buy the capital of that nation.
  2. The currency value falls with trade deficits.

Which of the above statements is/are correct?


Ques:6

Which of the following is not true about Production Linked Incentive Scheme?


Ques:7

With reference to the Facilities provided by the International Monetary Fund (IMF), consider the following statements:

  1. Debt and Debt-Service Reduction Facility is a part of a credit extended to a member by the IMF under regular facilities tied to program performance.
  2. Reserve Tranche facility is only for meeting balance of payment (BoP) needs.

Which of the statements given above is/are incorrect?


Ques:8

With reference to the One Rank One Pension (OROP), consider the following statements:

1. It is a non-uniform pension for uniformed armed forces.

2. It was implemented in 2017 based on the recommendations of Koshiyari Committee.

Which of the statements given above are incorrect?


Ques:9

Consider the following statements with respect to Nutrient based Subsidy Scheme?

  1. It was launched in 2010 to ensure efficiency on fertilizer application.
  2. It aims to achieve balanced NPK ratio of 4:2:1.
  3. It regulates the MRP of the fertilizers in the market.

Select the correct answer using the code given below:


Ques:10

With reference to Central Drugs Standard Control Organisation (CDSCO), which of the following statements is/are incorrect?

1. It is a National Regulatory Authority in the domain of drug standards and medicine.

2. It functions under Ministry of Chemicals.

3. It promotes drug safety and uniformity of standards.

Select the correct answer using the code given below.