The Daily Current Affairs Quiz questions are based on various national and regional newspapers, including government news sources.
The questions are framed on happenings around you to enhance your competitiveness for news based concepts and facts.
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Question 1 of 5
1. Question
Consider the following statements regarding the BRICS Summit 2024 held in Kazan, Russia:
1. The summit marked the first formal bilateral meeting between Indian Prime Minister and Chinese President in five years.
2. The summit saw the participation of leaders from Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, who have shown interest in deepening ties with BRICS.
3. Russian President emphasized the need for a multipolar world order during the summit.
How many of the statements is/are correct?
Correct
(c) All three statements are correct
The BRICS Summit 2024 did indeed mark the first formal bilateral meeting between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping in five years.
The summit also saw the participation of leaders from Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, who have shown interest in deepening ties with BRICS.
Russian President Vladimir Putin emphasized the need for a multipolar world order during the summit.
Incorrect
(c) All three statements are correct
The BRICS Summit 2024 did indeed mark the first formal bilateral meeting between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping in five years.
The summit also saw the participation of leaders from Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, who have shown interest in deepening ties with BRICS.
Russian President Vladimir Putin emphasized the need for a multipolar world order during the summit.
Question 2 of 5
2. Question
With reference to Pradhan Mantri Schools for Rising India (PM-SHRI) Scheme, consider the following statements:
1. The PM-SHRI Scheme exclusively funds the establishment of new schools across India.
2. The scheme includes a funding pattern of 50:50 between the Central and State Governments/Union Territories.
3. The PM-SHRI Scheme was launched as part of the National Education Policy (NEP) 2020 initiatives.
How many of the statements is/are correct?
Correct
(a) Only one statement is correct (3rd)
The PM-SHRI Scheme focuses on transforming existing schools into model schools of excellence, integrating technology in education, and promoting eco-friendly practices such as waste management and renewable energy use. The scheme is indeed aligned with the initiatives under the National Education Policy (NEP) 2020.
Statement 1 is incorrect as the scheme enhances existing schools rather than funding new ones. Statement 2 is incorrect because the funding pattern is 60:40 between the Centre and State Governments/Union Territories, and 90:10 for North-Eastern and Himalayan States.
Incorrect
(a) Only one statement is correct (3rd)
The PM-SHRI Scheme focuses on transforming existing schools into model schools of excellence, integrating technology in education, and promoting eco-friendly practices such as waste management and renewable energy use. The scheme is indeed aligned with the initiatives under the National Education Policy (NEP) 2020.
Statement 1 is incorrect as the scheme enhances existing schools rather than funding new ones. Statement 2 is incorrect because the funding pattern is 60:40 between the Centre and State Governments/Union Territories, and 90:10 for North-Eastern and Himalayan States.
Question 3 of 5
3. Question
Consider the following statements,
1. The Reserve Bank of India (RBI) has issued the Master Direction on Regulatory Framework for Microfinance Loans, 2022, which applies to all regulated entities providing microfinance loans.
2. Microfinance loans are defined as collateral-free loans given to households with an annual income of up to ₹3,00,000.
3. The RBI mandates that the total monthly repayment obligations of a household should not exceed 50% of its monthly income.
How many of the statements is/are correct?
Correct
(c) All three statements are correct
The RBI has indeed issued the Master Direction on Regulatory Framework for Microfinance Loans, 2022, which applies to all regulated entities providing microfinance loans. Microfinance loans are defined as collateral-free loans given to households with an annual income of up to ₹3,00,000.
The RBI also mandates that the total monthly repayment obligations of a household should not exceed 50% of its monthly income to prevent over-indebtedness.
Incorrect
(c) All three statements are correct
The RBI has indeed issued the Master Direction on Regulatory Framework for Microfinance Loans, 2022, which applies to all regulated entities providing microfinance loans. Microfinance loans are defined as collateral-free loans given to households with an annual income of up to ₹3,00,000.
The RBI also mandates that the total monthly repayment obligations of a household should not exceed 50% of its monthly income to prevent over-indebtedness.
Question 4 of 5
4. Question
Consider the following statements,
1. Sardar Patel was the first Deputy Prime Minister and Minister of Home Affairs of independent India.
2. He played a key role in the Kheda and Bardoli Satyagrahas, which were significant in the fight against British colonial rule.
3. Sardar Patel was actively involved in the Quit India Movement of 1942 and was imprisoned several times by the British.
How many of the statements is/are correct?
Correct
(c) All three statements are correct
Sardar Vallabhbhai Patel was indeed the first Deputy Prime Minister and Minister of Home Affairs of independent India. He played crucial roles in the Kheda and Bardoli Satyagrahas, which were significant campaigns of passive resistance against British policies. He was also actively involved in the Quit India Movement of 1942 and faced imprisonment by the British multiple times.
Incorrect
(c) All three statements are correct
Sardar Vallabhbhai Patel was indeed the first Deputy Prime Minister and Minister of Home Affairs of independent India. He played crucial roles in the Kheda and Bardoli Satyagrahas, which were significant campaigns of passive resistance against British policies. He was also actively involved in the Quit India Movement of 1942 and faced imprisonment by the British multiple times.
Question 5 of 5
5. Question
With reference to the Indian Ocean Region (IOR), consider the following statements:
1. The Indian Ocean Rim Association (IORA) was established to promote economic cooperation and regional development among countries bordering the Indian Ocean.
2. The Information Fusion Centre – Indian Ocean Region (IFC-IOR) is a maritime security initiative hosted by the Indian Navy to enhance maritime safety and security.
3. The Indian Ocean is the third-largest ocean in the world and is a vital route for global trade, with major sea lanes passing through it.
How many of the statements is/are correct?
Correct
(c) All three statements are correct
The Indian Ocean Region (IOR) is indeed home to around 2.5 billion people, which is about one-third of the world’s population.
The Indian Ocean Rim Association (IORA) was established to promote economic cooperation and regional development among countries bordering the Indian Ocean.
The Information Fusion Centre – Indian Ocean Region (IFC-IOR) is a maritime security initiative hosted by the Indian Navy to enhance maritime safety and security.
The Indian Ocean is the third-largest ocean in the world and is a vital route for global trade, with major sea lanes passing through it.
Incorrect
(c) All three statements are correct
The Indian Ocean Region (IOR) is indeed home to around 2.5 billion people, which is about one-third of the world’s population.
The Indian Ocean Rim Association (IORA) was established to promote economic cooperation and regional development among countries bordering the Indian Ocean.
The Information Fusion Centre – Indian Ocean Region (IFC-IOR) is a maritime security initiative hosted by the Indian Navy to enhance maritime safety and security.
The Indian Ocean is the third-largest ocean in the world and is a vital route for global trade, with major sea lanes passing through it.
