31-Jan-23: UPSC Current Affairs Daily Quiz

Ques:1

Consider the following statements, with respect to Micro, Small & Medium Enterprises (MSME)

1. It contributes more than 25 % in in India’s GDP.
2. Share of export of MSME related products in All India Export is more than 40%
3. Share of manufacturing MSME in All India manufacturing GVA is more than 50 %

 

Which of the statements given above is/are correct?

Ques:2

With reference to ‘Emergency Credit Line Guarantee Scheme’ which of the following statements is/ are correct?

1. It aims to facilitate collateral-free loans to different economic sectors for which 100% guarantee coverage is provided to Member Lending Institutions (MLIS) by government.
2. All Schedules commercial banks are recognised as MLI to disperse the loans.
3. It provides the pre-approved loan for which an ‘opt-out’ option will be provided to eligible borrowers under the Scheme.

 

Which of the statements given above is/are correct?

Ques:3

‘World Economic Outlook’ report is released by which of the following international bodies?

Ques:4

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

1. It is a statutory body which works It works under the Ministry of Home Affairs.
2. It is mandated with the task of enforcing the provisions of Foreign Exchange Management Act and Prevention of Money Laundering Act.
3. The minimum tenure of director of Enforcement Directorate is two years which can be extend upto five years.

Which of the above statements is/are correct?

Ques:5

It is form of deficit which refers to as the difference between the total revenue earned and total expenditures incurred by a country in a fiscal year.

Which type of deficit is mentioned in above statement-

Ques:6

Consider the following statements regarding Finance Commission (FC):

1. It is a statutory body established by an Act of Parliament.
2. FC is set up every 5 years.

 

Which of the above statements is/re correct?

Ques:7

Consider the following statements regarding the significance of  G-20 grouping:

1. It represents around two third of global population.
2. It contributes around 60% to global GDP.
3. It represents around 75% of global trade.

 

Which of the above statements are correct?

Ques:8

Consider the following statements regarding the UN Security Council (UNSC)

1. It is composed of 5 members only: China, France, the Russian Federation, the United Kingdom, and the United States.
2. India has never been a member of UNSC.

 

Which of the above statements is/are correct?

Ques:9

Which of the following statements regarding the Indus Water Treaty (IWT) is INCORRECT?

Ques:10

Consider the following statements regarding millets:

1. They are a highly varied group of small-seeded grasses, widely grown around the world as cereal crops or grains for fodder and human food.
2. Millets can be classified into 2 categories: major millets like kodo, proso, and barnyard millet; and minor millets like sorghum, pearl millet and finger millet

 

Which of the above statements is/are correct?