Daily Current Affairs Quiz 15-04-2020

1. With reference to the Helicopter Money, which of the statement(s) given below is/are correct?

  1. 1.This is an unconventional monetary policy tool similar to the quantitative easing method aimed at bringing a flagging economy back on track.
  2. 2.It involves printing large sums of money and distributing it to the public.
  3. Select the correct answer using the code given below:


2. Recently ICMR suggested the Centre to take down the testing of pooled samples for the Pandemic COVID-19. With reference to this context, consider the following statements:

  1. 1.In a pooled testing algorithm, samples of multiple individuals are put together in a tube and screened through the PCR test.
  2. 2.If there’s no positive result, the individual samples under are tested, which is referred to as pool de-convolution.
  3. 3.Pooling of samples is not recommended in areas or populations with positivity rates of over five per cent.
  4. Which of the statement(s) given above is/are correct?


3. Consider the following statements:

  1. 1.Currency Swap arrangement is an arrangement between two friendly countries, which have regular, substantial or increasing trade, to basically involve in trading in their own local currencies.
  2. 2.In such arrangements no third country currency is involved, thereby eliminating the need to worry about exchange variations.
  3. Which of the statement(s) given above is/are correct?


4. With reference to International Monetary Fund (IMF), consider the following:

  1. 1.It came into existence after the UN conference in Bretton Woods in 1944.
  2. 2.It provides technical assistance and training to central banks, finance ministries, tax authorities, and other economic institutions.
  3. 3.Its main objectives are foster global monetary cooperation, facilitate international trade and reduce poverty around the world
  4. Which of the statements given above are correct?


5. Consider the following, with regard to Wayanad Wildlife Sanctuary:

  1. 1.Mudumalai Wildlife Sanctuary, Bandipur National Park, Nagerhole National Park, Mukurthi National Park and Silent Valley are the other wildlife parks within the Reserve.
  2. 2.The Kabini river (a tributary of Cauvery river) flows through the sanctuary.
  3. 3.It includes forest types such as South Indian Moist Deciduous forests, West coast semi-evergreen forests and plantations of teak, eucalyptus and Grewelia.
  4. Which of the statements given above are correct?


6. In context to National Statistical Office, consider the following:

  1. 1.It is the central statistical agency under the Statistical Services Act 1980.
  2. 2.Its services include collecting, compiling and disseminating official statistical information.
  3. Which of the statements given above is/are Incorrect?


7. In the context of the Indian Constitution, the “union of the trinity”, as described by
Dr. Ambedkar, includes which of the following?


8. Consider the following statements regarding Survey of India:

  1. 1.It is the National Survey and Mapping Organization of the country under the Department of Science & Technology.
  2. 2. It was set up in 1767 and it is one of the oldest Engineering Departments of the Government of India.
  3. Which of the above statements is/are correct?


9. Recently, the term ‘Cillage ecosystem model’ was seen in the news. It is related to


10. Which of the following correctly represents the term ‘Hedging’ in terms of forex?


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