DAILY CURRENT AFFAIRS CLASS TEST – FEB-10

1.

  • Consider the following statements regarding the Citizenship Amendment Act (CAA), 2019:
  1. It seeks to give citizenship to refugees from the Hindu, Christian, Buddhist, Sikh and Zoroastrian communities fleeing religious persecution from Pakistan, Bangladesh and Afghanistan, who came to India before 31st December, 2014.
  2. Residential requirement for citizenship through naturalization for persons from other countries from the above mentioned is 5 years.
  3. The Act applies to all States and Union Territories of the country, except Assam, Ladakh and Jammu & Kashmir.

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

 
 
 
 

2. Consider the following statements regarding the Renouncing Citizenship in India:

  1. If an Indian citizen wishes, who is of full age and capacity, he can relinquish citizenship of India by his will.
  2. If a person takes the citizenship of another country, then his Indian citizenship ends automatically which does not apply when India is busy in war.
  3. The Government of India may terminate the citizenship of an Indian citizen if the citizen has disrespected the Constitution.

Which of the statements given above are correct?

 
 
 
 

3. Consider the following statements:

  1. Quorum is the minimum number of members of a deliberative assembly necessary to conduct the business of that assembly.
  2. Article 100 of the Indian Constitution states that the quorum to constitute a meeting of either House of Parliament shall be one-tenth of the total number of members of that House.
  3. The quorum is usually decided at the beginning of the session and when a vote taken in a parliament is valid even if it is not present.

Which of the statements given above is/are not correct?

 
 
 
 

4. Consider the following statements with regard to the Government e-marketplace platform:

  1. GeM is a one-stop national public procurement portal to facilitate online procurement of common-use goods & services required by various Central and State Government Departments / Organisations/Public Sector Undertakings (PSUs).
  2. It provides fixed prices to government organizations, helping them plan their budgets better.
  3. It works under the Ministry of Cooperatives.

Choose the correct code:

 
 
 
 

5. Consider the following statements:

  1. Adjournment terminates the sitting of the House which meets again at the time appointed for the next sitting.
  2. If the meeting is terminated without any definite time/ date fixed for the next meeting, it is called Adjournment sine die.

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

 
 
 
 

6. ‘Alderman’ is a term that usually refers to: 

 

 
 
 
 

7. Consider the following statements regarding RBI’s monetary policy: 

  1. As a general rule, when RBI is more concerned about containing inflation, it raises interest rates (thus depressing economic activity), and when it wants to stimulate growth it brings down interest rates.
  2. Due to the hike in repo rate, EMIs on vehicles, home and personal loans will also rise.
  3. Decisions in the monetary policy committee are taken on the basis of consensus.

Choose the correct code:

 
 
 
 

8. In context to NISAR (NASA-ISRO Synthetic Aperture Radar), consider the following:

  1. It will be placed in Low Earth Orbit.
  2. Its objective is to map the moon.
  3. It comprises dual-frequency imaging radar.

Which of the statements given above is/are correct?

 
 
 
 

9. Consider the following:

  1. Monetary Policy Committee (MPC) decides Repo rate, Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR).
  2. Repo Rate is the rate at which the RBI lends money to commercial banks by purchasing securities.

Which of the statements given above is/are correct?

 
 
 
 

10. Consider the following.

  1. In India, Agricultural commodities like cotton, paddy, soyabean, mustard seed, etc., are traded on the National Commodities and Derivatives Exchange (NCDEX) and the Multi Commodity Exchange (MCX).
  2. Derivatives are short-term financial contracts that are bought and sold in the market.
  3. Profits are made in the derivatives trade by predicting price movements of the asset that underlies the contract.

Which of the above statements is/are correct?

 
 
 
 

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