Current Affairs Quiz Dec. 2020-Part-XV
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Important Quiz for UPSC IAS Exam:
The following Quiz is based on the Hindu, Indian Express, PIB, and other important news sources. Solving these questions will help retain both concepts and facts relevant to UPSC IAS Civil Services examination.
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कामयाबी के दरवाजे उन्हीं के लिए खुलते हैं जो
उन्हें खटखटाने की ताकत रखते हैंअरे मुस्किल नही कुछ भी दुनिया मे तु जरा हिम्मत तो कर
बदलेंगे ख्वाब हकिकत मे तु जरा कोशिश तो कर
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Question 1 of 5
1. Question
Q1. Which of the following statements is or are not correct about the Foreign Direct Investment (FDI)?
1. During 2019-20, India received the maximum FDI equity inflow from Singapore.
2. China remained the largest recipient of FDI, attracting $251 billion in inflows.
Code:Correct
Ans: b
Expl:
• A foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country. Generally, FDI takes place when an investor establishes foreign business operations or acquires foreign business assets in a foreign company.
• According to Organization for Economic Co-operation and Development (OECD), an investment of 10% or above from overseas is considered as FDI. In India, foreign direct investment policy is regulated under the Foreign Exchange Management Act, 2000 governed by the Reserve Bank of India.
• During 2019-20, India received the maximum FDI equity inflow from Singapore (US$ 14.67 billion), followed by Mauritius (US$ 8.24 billion), Netherlands (US$ 6.50 billion), USA (US$ 4.22 billion) and Japan (US$ 3.22 billion).
• The United States remained the largest recipient of FDI, attracting $251 billion in inflows, followed by China with flows of $140 billion and Singapore with $110 billion. FDI flows to North America remained flat at $298 billion.Incorrect
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Question 2 of 5
2. Question
Q2. Which of the following statements is or are not correct about the Jallikattu (bull-taming festival)?
Correct
Ans: a
Exp: It could be referred to as bull taming event typically practiced in Tamil Nadu as a part of Pongal celebrations.Incorrect
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Question 3 of 5
3. Question
Q3. Which of the following statements is or are correct about the Reserve Bank of India (RBI) and State Bank of India (SBI)?
1. RBI is the central bank of the country whereas SBI is the country’s oldest and largest bank.
2. RBI is the banker to the government and SBI while SBI is the banker to the citizens of the country.
Code:Correct
Ans: c
Expl: Reserve Bank of India (RBI) is the country’s national bank. It was established in 1935 under the recommendations of the Royal Commission on Indian Currency and Finance.
The SBI bank descends from the Bank of Calcutta, founded in 1806 via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged into the other two presidency banks in British India, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India in 1955. The Government of India took control of the Imperial Bank of India in 1955, with the Reserve Bank of India (India’s central bank) taking a 60% stake, renaming it State Bank of India.Incorrect
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Question 4 of 5
4. Question
Q4. Which of the following pair is or are correctly matched?
1. Elgar Parishad: It was an event held on 31 December 2017 to commemorate the two hundredth anniversary of the Battle of Koregaon Bhima.
2. Gupkar Declaration: It is a political alliance between the multiple mainstream regional political parties of Jammu and Kashmir aimed at safeguarding and restoring special status along with Article 35A of the erstwhile state of Jammu and Kashmir.
Code:Correct
Ans: c
Incorrect
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Question 5 of 5
5. Question
Q5. Which of the following pair is or are not correctly matched?
Institution/Organisation: Under Ministry
Correct
Ans: a
Expl: Research and Analysis Wing (RAW): Prime Minister of IndiaIncorrect
“उठो, जागो और तब तक मत रुको जब तक लक्ष्य की प्राप्ति ना हो जाये”
Swami Vivekananda
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