Daily Current Affairs Quiz 06-12-2019

1. Consider the following statements regarding Fugitive Economic Offenders Act, 2018:

  1. 1. A person can be named as a “Fugitive Economic Offender” if there is an arrest warrant against him for involvement in economic offences involving at least Rs.500 crore.
  2. 2. A Special Court designated under the “Insolvency and Bankruptcy Code, 2016 Act” can declare a person as Fugitive Economic Offender.
  3. 3. No person in India has been declared as Fugitive Economic Offender yet.
  4. Which of the statement(s) given above is / are correct?

 
 
 
 

2. Consider the following statements regarding “Scheme for Promotion of Academic and Research Collaboration (SPARC)”:

  1. 1. The objective of the scheme is to improve the research ecosystem of India’s higher educational institutions by facilitating collaborations with top institutions of other countries.
  2. 2. Indian Institute of Technology, Kharagpur is the National Coordinating Institute to implement the SPARC programme.
  3. Which of the statement(s) given above is / are correct?

 
 
 
 

3. Operation Chammal’ is associated with which of the following countries?

 
 
 
 

4. With reference to Mekong River, consider the following statements:

  1. 1. It flows through five countries.
  2. 2. It drains into South China Sea.
  3. 3. It forms part of international border between Laos and Vietnam.
  4. Which of the statement(s) given above is/ are correct?

 
 
 
 

5. In the context to Meteor missile, consider the following statements:

  1. 1. It is a beyond visual range air to air missile, Russia.
  2. 2. It is attached to Sukhoi 30 missiles.
  3. 3. It has a range of 150 km and no escape zone of 60 km.
  4. Which of the statements given above are incorrect?

 
 
 
 

6. Consider the following, with regard to Extra Neutral Alcohol (ENA):

  1. 1. It is red coloured food grade alcohol.
  2. 2. It does not have impurities.
  3. 3. It contains over 95 per cent alcohol by volume.
  4. 4. It is a by-product of sugar industry.
  5. Select the correct answer using the codes given below:

 
 
 
 

7. Consider the following statements regarding the Monetary Policy Committee:

  1. 1. The policy interest rate required to achieve the inflation target is decided by the Monetary Policy Committee.
  2. 2. Monetary Policy Committee is a six-member committee headed by the Finance Minister.
  3. 3. Each member of the MPC has one vote, and in the event of an equality of votes, the Governor has a second or casting vote.
  4. Which of the statement(s) given above is/are incorrect?

 
 
 
 

8. ‘Zero FIR’, recently seen in news is referred to

 
 
 
 

9. In the context to FEMA Act, 1999, consider the following statements:

  1. 1. The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India to consolidate and amend the law relating to foreign exchange.
  2. 2. The objective is to facilitate external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India.
  3. Which of the statement(s) given below is/are correct?

 
 
 
 

10. Which of the following magazines was published by Dr. B. R. Ambedkar?

 
 
 
 

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