DAILY CURRENT AFFAIRS CLASS TEST – FEB-18

1. With reference to the UNCLOS and its maritime zones, consider the following statements:

  1. UNCLOS is the only international convention which stipulates a framework for state jurisdiction in maritime spaces.
  2. Each coastal state has full sovereignty over its territorial sea as like it has on its land territory.
  3. In contiguous zone, the coastal state has the right to both prevent and punish infringement of fiscal, immigration, sanitary, and customs laws within its territory and territorial sea.

Which of the statement(s) given above is/are not correct?

 
 
 
 

2. Consider the following statements:

  1. Fiscal Deficit is the excess of total disbursements from the Consolidated Fund of India, excluding repayment of the debt, over total receipts into the Fund during a financial year.
  2. The government that has a fiscal deficit is spending quite a less of its revenue.

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

 
 
 
 

3. Consider the following statements:

  1. The current account deficit is a measurement of a country’s trade where the value of the goods and services it imports exceeds the value of the products it exports. 
  2. The current account represents a country’s foreign transactions and, like the capital account, is a component of a country’s balance of payments (BOP).

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

 
 
 
 

4. Consider the following statements:

  1. A purse seine is made of a long wall of netting framed with floating and leadline and having purse rings hanging from the lower edge of the gear, through which runs a purse line made from steel wire or rope which allow the pursing of the net.
  2. The purse seine technique is considered to be an efficient form of fishing and has been widely deployed on India’s western coasts.
  3. It is used in the open ocean to target dense schools of single-species pelagic fish like tuna and mackerel.

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

 
 
 
 

5. Consider the following statements:

  1. Posting on social media is a fundamental right applicable to all citizens, including government employees.
  2. Freedom of speech and expression is recognized as a fundamental right in whatever medium it is exercised under the Constitution of India and it cannot be abrogated under any circumstances.

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

 
 
 
 

6. Consider the following statements:

  1. Wasting is the impaired growth and development that children experience from poor nutrition, repeated infection, and inadequate psychosocial stimulation.
  2. Stunting is defined as low weight-for-height.
  3. Stunting is the result of chronic or recurrent undernutrition, usually associated with poverty, poor maternal health and nutrition, frequent illness and/or inappropriate feeding and care in early life.

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

 
 
 
 

7. Once the Prompt Corrective Action (PCA) Framework is invoked, what is/are the possible outcomes?

  1. Based on the risk threshold, the RBI may prescribe mandatory corrective actions such as restriction on dividend distribution/remittance of profits, requiring promoters /shareholders to infuse equity and reducing leverage.
  2. The RBI can also restrict the issuance of guarantees or take other contingent liabilities on behalf of group companies.
  3. Further, the central bank may also restrict branch expansion, impose curbs on capital expenditure other than for technological up-gradation within board-approved limits and restrict/ directly reduce variable operating costs.

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

 
 
 
 

8. Which of the following statements are true regarding Geo-Heritage sites? 

  1. They are declared by the Archaeological Survey of India.
  2. The Parliament has passed the law “Geo-Heritage Sites and Geo-Relics (Preservation and Maintenance) Act” to protect such sites.

Options:

 
 
 
 

9. Consider the following statements with regards to Antrix: 

  1. Antrix Corporation Limited (ACL), Bengaluru is a wholly owned Government of India Company under the administrative control of the Department of Space.
  2. It is a marketing arm of ISRO for promotion and commercial exploitation of space products, technical consultancy services and transfer of technologies developed by ISRO.
  3. It was incorporated as a private limited company owned by Government of India in September 1992.

Choose the correct code:

 
 
 
 

10. Which amongst the following is the official state bird of Rajasthan?

 

 
 
 
 

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