The Daily Current Affairs Quiz questions are based on various national and regional newspapers, including government news sources.
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Question 1 of 5
1. Question
With reference to the The New Collective Quantified Goal (NCQG), consider the following statements:
1. The NCQG was established to replace the previous climate finance target of $100 billion annually by 2020, set at COP15 in Copenhagen in 2009.
2. The NCQG aims to mobilize financial resources to support developing countries in their climate actions post-2025.
3. The NCQG was agreed upon at COP21 in Paris in 2015, with the goal of being established by 2025.
How many of the statements is/are correct?
Correct
(c) All three statements are correct
The NCQG was indeed established to replace the previous climate finance target of $100 billion annually by 2020, set at COP15 in Copenhagen in 2009. The NCQG aims to mobilize financial resources to support developing countries in their climate actions post-2025. It was agreed upon at COP21 in Paris in 2015, with the goal of being established by 2025. The NCQG focuses on providing financial support for clean energy, climate resilience, and climate adaptation projects in developing countries.
Incorrect
(c) All three statements are correct
The NCQG was indeed established to replace the previous climate finance target of $100 billion annually by 2020, set at COP15 in Copenhagen in 2009. The NCQG aims to mobilize financial resources to support developing countries in their climate actions post-2025. It was agreed upon at COP21 in Paris in 2015, with the goal of being established by 2025. The NCQG focuses on providing financial support for clean energy, climate resilience, and climate adaptation projects in developing countries.
Question 2 of 5
2. Question
With reference to Indus Water Treaty (IWT), consider the following statements:
1. The Indus Water Treaty was signed in 1960 between India and Pakistan, with the World Bank as a mediator.
2. Under the treaty, India has exclusive rights over the waters of the Western Rivers (Indus, Jhelum and Chenab).
3. The treaty includes a dispute resolution mechanism involving a Permanent Indus Commission, Neutral Experts, and a Court of Arbitration.
How many of the statements is/are correct?
Correct
(b) Only two statements are correct (1st and 3rd)
The Indus Water Treaty was indeed signed in 1960 between India and Pakistan, with the World Bank playing a significant role as a mediator.
Under the treaty, India has rights over the waters of the Eastern Rivers (Ravi, Beas and Sutlej), while Pakistan has rights over the Western Rivers (Indus, Jhelum, Chenab) (Statement 2 is incorrect)
The treaty does include a dispute resolution mechanism that involves a Permanent Indus Commission, Neutral Experts, and a Court of Arbitration.
Incorrect
(b) Only two statements are correct (1st and 3rd)
The Indus Water Treaty was indeed signed in 1960 between India and Pakistan, with the World Bank playing a significant role as a mediator.
Under the treaty, India has rights over the waters of the Eastern Rivers (Ravi, Beas and Sutlej), while Pakistan has rights over the Western Rivers (Indus, Jhelum, Chenab) (Statement 2 is incorrect)
The treaty does include a dispute resolution mechanism that involves a Permanent Indus Commission, Neutral Experts, and a Court of Arbitration.
Question 3 of 5
3. Question
Consider the following statements,
1. The United Nations Population Fund projects that by 2050, the elderly population will double to 20.8% of the population.
2. Japan, Italy, and Germany are among the countries with the highest percentages of elderly citizens.
3. The ageing population problem is primarily a concern in developed countries and has minimal impact on developing countries.
How many of the statements is/are correct?
Correct
(b) Only two statements are correct (1st and 2nd)
An ageing population can indeed lead to an increased dependency ratio, with fewer working-age individuals supporting a larger elderly population.
Japan, Italy, and Germany are among the countries with the highest percentages of elderly citizens.
An ageing population often results in higher healthcare and pension costs, putting financial strain on government budgets.
The ageing population problem is not limited to developed countries; it is increasingly becoming a concern for developing countries as well, due to rising life expectancy and declining birth rates in many regions. (Statement 3 is incorrect)
As of 2022, the elderly population in India was 10.5% of the population, or 149 million people aged 60 or older. The United Nations Population Fund projects that by 2050, the elderly population will double to 20.8% of the population, or 347 million people. This means that by 2046, the number of elderly people in India will surpass the number of children aged 0–14 years.
Incorrect
(b) Only two statements are correct (1st and 2nd)
An ageing population can indeed lead to an increased dependency ratio, with fewer working-age individuals supporting a larger elderly population.
Japan, Italy, and Germany are among the countries with the highest percentages of elderly citizens.
An ageing population often results in higher healthcare and pension costs, putting financial strain on government budgets.
The ageing population problem is not limited to developed countries; it is increasingly becoming a concern for developing countries as well, due to rising life expectancy and declining birth rates in many regions. (Statement 3 is incorrect)
As of 2022, the elderly population in India was 10.5% of the population, or 149 million people aged 60 or older. The United Nations Population Fund projects that by 2050, the elderly population will double to 20.8% of the population, or 347 million people. This means that by 2046, the number of elderly people in India will surpass the number of children aged 0–14 years.
Question 4 of 5
4. Question
With reference to Regional Comprehensive Economic Partnership (RCEP), consider the following statements:
1. The RCEP is a free trade agreement involving 15 countries, including China, Japan, South Korea, Australia, New Zealand, and the 10 ASEAN member states.
2. India was a founding member of the RCEP but decided to withdraw from the agreement in 2019 due to concerns about the impact on its domestic economy.
3. The RCEP covers areas such as trade in goods and services, investment, intellectual property, dispute settlement, e-commerce, and economic cooperation.
How many of the statements is/are correct?
Correct
(c) All three statements are correct
The RCEP is a free trade agreement involving 15 countries, including China, Japan, South Korea, Australia, New Zealand, and the 10 ASEAN member states. The agreement aims to create an integrated market with reduced tariffs and non-tariff barriers, facilitating easier trade and investment among member countries. India was a founding member of the RCEP but decided to withdraw from the agreement in 2019 due to concerns about the impact on its domestic economy. The RCEP covers areas such as trade in goods and services, investment, intellectual property, dispute settlement, e-commerce, and economic cooperation.
Incorrect
(c) All three statements are correct
The RCEP is a free trade agreement involving 15 countries, including China, Japan, South Korea, Australia, New Zealand, and the 10 ASEAN member states. The agreement aims to create an integrated market with reduced tariffs and non-tariff barriers, facilitating easier trade and investment among member countries. India was a founding member of the RCEP but decided to withdraw from the agreement in 2019 due to concerns about the impact on its domestic economy. The RCEP covers areas such as trade in goods and services, investment, intellectual property, dispute settlement, e-commerce, and economic cooperation.
Question 5 of 5
5. Question
Which of the following countries is not part of the Association of Southeast Asian Nations (ASEAN)?
Correct
(c) Bangladesh
The Association of Southeast Asian Nations (ASEAN) is a regional grouping that aims to promote economic and security cooperation among its ten members: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
It was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the founding fathers of ASEAN: Indonesia, Malaysia, Philippines, Singapore and Thailand. ASEAN Secretariat is located in Jakarta, Indonesia.
Prime Minister Narendra Modi has said ASEAN is central to India’s Act East policy, which focuses on the extended neighbourhood in the Asia-Pacific region.
Its major pillars that help lay out a blueprint for cooperation are Political-Security Community (APSC), Economic Community (AEC) and Socio-Cultural Community (ASCC).
The policy was originally conceived as an economic initiative but has gained political, strategic, and cultural dimensions including the establishment of institutional mechanisms for dialogue and cooperation.
India is part of the ASEAN Plus Six grouping, which includes China, Japan, South Korea, New Zealand, and Australia as well.
Incorrect
(c) Bangladesh
The Association of Southeast Asian Nations (ASEAN) is a regional grouping that aims to promote economic and security cooperation among its ten members: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
It was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the founding fathers of ASEAN: Indonesia, Malaysia, Philippines, Singapore and Thailand. ASEAN Secretariat is located in Jakarta, Indonesia.
Prime Minister Narendra Modi has said ASEAN is central to India’s Act East policy, which focuses on the extended neighbourhood in the Asia-Pacific region.
Its major pillars that help lay out a blueprint for cooperation are Political-Security Community (APSC), Economic Community (AEC) and Socio-Cultural Community (ASCC).
The policy was originally conceived as an economic initiative but has gained political, strategic, and cultural dimensions including the establishment of institutional mechanisms for dialogue and cooperation.
India is part of the ASEAN Plus Six grouping, which includes China, Japan, South Korea, New Zealand, and Australia as well.