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The following Quiz is based on the Hindu, PIB and other news sources. It is a current events based quiz. Solving these questions will help retain both concepts and facts relevant to UPSC IAS civil services exam.
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Question 1 of 5
1. Question
1 pointsConsider the following statements regarding International Monetary Fund (IMF).
- The IMF was set up with the aim to bring about international economic coordination to prevent competing currency devaluation by countries trying to promote their own exports.
- It is considered as the last resort lender for countries facing severe economic crises.
- Quotas are the IMF’s main source of financing, wherein each member of the IMF is assigned a quota, based broadly on its relative position in the world economy.
Which of the above statements is/are correct?
Correct
Solution: d)
The IMF was set up in 1945 with the aim to bring about international economic coordination to prevent competing currency devaluation by countries trying to promote their own exports. It later went on to become a last resort lender for countries facing severe economic crises.
IMF funds come from three sources: member quotas, multilateral and bilateral borrowing agreements. Quotas are the IMF’s main source of financing, wherein each member of the IMF is assigned a quota, based broadly on its relative position in the world economy.
Incorrect
Solution: d)
The IMF was set up in 1945 with the aim to bring about international economic coordination to prevent competing currency devaluation by countries trying to promote their own exports. It later went on to become a last resort lender for countries facing severe economic crises.
IMF funds come from three sources: member quotas, multilateral and bilateral borrowing agreements. Quotas are the IMF’s main source of financing, wherein each member of the IMF is assigned a quota, based broadly on its relative position in the world economy.
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Question 2 of 5
2. Question
1 pointsConsider the following statements regarding Jal Jeevan Mission.
- Jal Jeevan Mission, aims to provide safe and adequate drinking water through tap connections to all households in India by 2024.
- The Jal Jeevan Mission is based on a community approach to water and include extensive Information, Education and communication as a key component of the mission.
- It also includes elements such as recharge and reuse through grey water management, water conservation and rain water harvesting.
Which of the above statements is/are correct?
Correct
Solution: c)
Jal Jeevan Mission, is envisioned to provide safe and adequate drinking water through individual household tap connections by 2024 to all households in rural India. The programme will also implement source sustainability measures as mandatory elements, such as recharge and reuse through grey water management, water conservation, rain water harvesting. The Jal Jeevan Mission is based on a community approach to water and include extensive Information, Education and communication as a key component of the mission. JJM looks to create a jan andolan for water, thereby making it everyone’s priority.
Incorrect
Solution: c)
Jal Jeevan Mission, is envisioned to provide safe and adequate drinking water through individual household tap connections by 2024 to all households in rural India. The programme will also implement source sustainability measures as mandatory elements, such as recharge and reuse through grey water management, water conservation, rain water harvesting. The Jal Jeevan Mission is based on a community approach to water and include extensive Information, Education and communication as a key component of the mission. JJM looks to create a jan andolan for water, thereby making it everyone’s priority.
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Question 3 of 5
3. Question
1 pointsWhich of the following has the highest weightage under Consumer Price Index urban?
Correct
Solution: b)
In India, the most important category in the consumer price index is Food and beverages which has highest weight in CPI rural and CPI urban.
Incorrect
Solution: b)
In India, the most important category in the consumer price index is Food and beverages which has highest weight in CPI rural and CPI urban.
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Question 4 of 5
4. Question
1 pointsConsider the following statements regarding Nitrous oxide.
- Nitrous oxide is also known as laughing gas.
- Nitrous oxide has significant medical uses, especially in surgery and dentistry, for its anaesthetic and pain reducing effects.
Which of the above statements is/are incorrect?
Correct
Solution: d)
Nitrous oxide is also known as laughing gas.
Nitrous oxide has significant medical uses, especially in surgery and dentistry, for its anaesthetic and pain reducing effects.
It is on the World Health Organisation’s List of Essential Medicines, the safest and most effective medicines needed in a health system.
Incorrect
Solution: d)
Nitrous oxide is also known as laughing gas.
Nitrous oxide has significant medical uses, especially in surgery and dentistry, for its anaesthetic and pain reducing effects.
It is on the World Health Organisation’s List of Essential Medicines, the safest and most effective medicines needed in a health system.
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Question 5 of 5
5. Question
1 pointsWhich country has won the FIFA World cup (Men) for maximum number of times?
Correct
Solution: c)
Brazil, the only team that has participated in every World Cup, is also the most successful team in the competition, having won five titles and finished second twice.
Incorrect
Solution: c)
Brazil, the only team that has participated in every World Cup, is also the most successful team in the competition, having won five titles and finished second twice.
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