DAILY CURRENT AFFAIRS QUIZ – 11-02-2022

1. Consider the following statements:

    1. 1. A person can be named a Fugitive Economic offender if there is an arrest warrant against him or her for involvement in economic offences involving at least Rs. 100 crore or more and has fled from India to escape Legal Action.
    2. 2. The Fugitive Economic Offenders Act, 2018 seeks to confiscate properties of economic offenders who have left the country to avoid facing criminal prosecution.
    3. 3. Offences involving amounts of Rs. 100 crore or more only fall under the purview of this law.

Which of the statements given above are correct?

 
 
 
 

2. Consider the following statements:

    1. 1. In India, the extradition of a fugitive criminal is governed under the Indian Extradition Act, 1962.
    2. 2. The Act only talks about extraditing of persons to India and extradition of persons from India to foreign countries is not mentioned.

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

 
 
 
 

3. Consider the following statements:

    1. 1. In the case of Machhi Singh v. State of Punjab, the Supreme Court formulated a sentencing framework to be followed for imposing death penalty.
    2. 2. According to the Bachan Singh judgment, for a case to be eligible for the death sentence, the aggravating circumstances must outweigh the mitigating circumstances.

Select the correct answer using the code given below:

 
 
 
 

4. Consider the following statements:

    1. 1. The rate at which banks buy back the securities they keep with the RBI at a later period is called as Repo Rate.
    2. 2. Cash Reserve Ratio corresponds to the percentage of cash each bank has to keep as cash reserve with RBI (in their current accounts) corresponding to the deposits they have.
    3. 3. The banks and other financial institutions in India have to keep a fraction of their total net time and demand liabilities in the form of liquid assets to be called as statutory liquidity ratio.

Which of the statements given above are correct?

 
 
 
 

5. Which of the following best defines ‘Khabar Lahariya’?

 
 
 
 

6. Consider the following statements:

    1. 1. Energy by nuclear Fusion promises to be low carbon, but more Dangerous than how Nuclear Energy is now produced.
    2. 2. A kilogram of fusion fuel contains about 10 million times as much energy as a kilogram of coal, oil or gas.
    3. 3. The ITER is a fusion research mega-project supported by seven members — China, the European Union, India, Japan, South Korea, Russia and the U.S. — and based in the south of France.

Choose the correct code:

 
 
 
 

7. INCOIS (Indian National Centre for Ocean Information Services) operates under which of the following ministries?

 
 
 
 

8. Consider the following statements :

    1. 1. Crop diversification refers to the addition of new crops or cropping systems to agricultural production on a particular farm.
    2. 2. Crop Diversification is good for soil and can also provide enhanced crop productivity.

Which of the statements given above is/are correct?

 
 
 
 

9. Consider the following statements about the ‘Accelerate Vigyan’ scheme:

    1. 1. It is a program of the Science and Engineering Research Board (SERB).
    2. 2. It aims to provide a big push to high-end scientific research and prepare a scientific workforce.

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

 
 
 
 

10. Consider the following:

    1. 1. Line of Credit establishes the maximum loan amount the customer can borrow.
    2. 2. Recently, India has extended a Line of Credit for fuel imports to Srilanka.

Which of the statements given above is/are correct?

 
 
 
 

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