DAILY CURRENT AFFAIRS CLASS TEST – 01

1. Consider the following statements:

  1. Jawaharlal Nehru was the first PM to present the Union Budget for the FY 1958-1959.
  2. The Budget presented for the FY 1973-74, by the then Finance Minister Yashwantrao B. Chavan was called as the Black Budget.
  3. The Budget presented by the then Finance Minister Manmohan Singh for the FY 1991-92 is known as the Epochal Budget.

Which of the statement(s) given above is/are correct?

 
 
 
 

2. The budget Session goes through different stages. Arrange the stages in a sequential order:

  1. Presentation of Budget.
  2. General discussion.
  3. Scrutiny by Departmental Committees.
  4. Voting on Demands for Grants.
  5. Passing of Appropriation Bill.
  6. Passing of Finance Bill.

Select the correct answer using the code given below:

 
 
 
 

3. Consider the following statements:

  1. Prevention of Money Laundering Act was enacted in 2002 and it came into force in 2005, to curb money laundering and to provide for seizure of property derived from money-laundering.
  2. In case of Dispute redressal, the adjudicating authority is appointed by the central government which decides whether the property attached or seized is involved in money laundering.
  3. The Adjudicating Authority shall not be bound by the procedure laid down by the Code of Civil Procedure,1908, but shall be guided by the principles of natural justice and subject to the other provisions of PMLA.

Which of the statement(s) given above is/are correct?

 
 
 
 

4. Consider the following statements:

  1. Enforcement Directorate is a part of the Department of Economic Affairs, Ministry of Finance.
  2. It is mandated with the task of enforcing the provisions of two special fiscal laws – Foreign Exchange Management Act, 1999 (FEMA) and Prevention of Money Laundering Act, 2002 (PMLA).

Which of the statement(s) given above is/are correct?

 
 
 
 

5. Which of the following statements is/are not true? 

  1. The one-child policy of China was an anti-natal policy that started just after its independence.
  2. The one-child policy came to an end in 2015-16.
  3. China has seen a reduction in its population for 2 consecutive decades.
    Options:
 
 
 
 

6. Which statements are correct regarding invasive alien species? 

  1. They refer to the endemic species that undergo uncontrolled growth, becoming the dominant species of the ecosystem.
  2. They can endanger the biodiversity of the area they spread in.

Options:

 
 
 
 

7. In context to Leprosy disease, consider the following:

  1. It is a chronic infectious disease caused by a type of bacteria.
  2. It is a Neglected Tropical Disease (NTD).
  3. It is curable with MDT (multi drug therapy).

Which of the statements given above is/are correct?

 
 
 
 

8. With reference to ‘Water Credit’, consider the following statements: 

  1. It puts microfinance tools to work in the water and sanitation sector.
  2. It is a global initiative launched under the aegis of the World Health Organization and the World Bank.
  3. It aims to enable poor people to meet their water needs without depending on subsidies.

Which of the statements given above are correct?

 
 
 
 

9. In context to the All-India Survey on Higher Education 2020-2021, consider the following:

  1. The female enrolment in higher education programmes had increased in 2020-21 compared to 2019-20.
  2. Uttar Pradesh, Maharashtra and Rajasthan are the among the top 6 States in terms of number of students enrolled.

Which of the following statements given above is/are correct?

 
 
 
 

10. Consider the following with regard to ‘Mudumalai Tiger Reserve (MTR)’:

  1. Senna spectabilis is a native species of Mudumalai Tiger Reserve.
  2. Mudumalai Tiger Reserve (MTR) is located at the tri-junction of three states Karnataka, Kerala and Tamil Nadu.

Which of the statements given above is/are correct?

 
 
 
 

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