Daily Current Affairs Quiz 19-06-2019

1. Which among the following are the functions of a credit rating agency?

  • 1. It rates debtors on the basis of their ability to pay back their interests and loan amount on time
  • 2. It analyses the probability of them defaulting.
  • 3. They provide credit ratings to only organisations and not individuals consumers.
  • 4. They play a major role in determining the liquidation of a company.

Choose the correct option from the following


2. Identify the correct statement.

  • 1. The RBI had issued a circular mandating that payments-related data collected by payments providers must be stored only in India.
  • 2. India has planned to purchase S-400 anti-missile system from Russia.

3. Which among the following pairs are matched correctly?
Weapon         –         Country of Origin


4. Identify the incorrect statement about the National Anti-profiteering Authority (NAA)?


5. Consider the following statements about repo rates in India.

  • 1. An increase in repo rate may bring down the inflation in the economy.
  • 2. A decrease in repo rate boosts the investments in the economy.
  • 3. Higher the repo rate, higher will be the cost of borrowing for banks and vice-versa.
  • 4. In the past decade RBI has steadily increased the repo rate.

Which of the statements are true with respect to the Foreign Portfolio Investments?


6. Consider the following statements about the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP):

  • 1. It is the first regional Government-to-Government agreement to deal with piracy and armed robbery at sea in Asia.
  • 2. India had played an active role in setting up and functioning of the ReCAAP Information Sharing Centre.
  • 3. Indian Navy is the nodal agency in India for implementing the ReCAAP.

Which of the given statements is/are correct?


7. Consider the following statements with respect to Antimicrobial Resistance (AMR):

  • 1. AMR is the ability of a microbe to resist the effects of medication that once could successfully treat the microbe.
  • 2. The term antibiotic resistance is a subset of AMR, as it applies only to bacteria becoming resistant to antibiotics.
  • 3. Humans or animals mostly become antibiotic-resistant.
  • 4. Antibiotic resistance occurs naturally, but misuse of antibiotics in humans and animals is accelerating the process.

Which of the given statements is/are correct?


8. Consider the following statements regarding Ekambaranathar temple.

  • 1. It is a Hindu temple dedicated to the deity Shiva
  • 2. It is one among the 108 temples revered in the Vaishnava canon Nalayira Divya Prabhandam.
  • 3. The temple architecture is of Vesara style.

Which of the above statements are correct:


9. Consider the following statements about National Company Law Tribunal.

  • 1. The National Company Law Tribunal is a quasi-judicial body in India that adjudicates issues relating to Indian companies.
  • 2. The tribunal was established under the Companies Act 2013 and is based on the recommendation of the Justice Eradi committee
  • 3. Decisions of the tribunal may be appealed to Supreme Court of India.

Which of the above statements are correct?


10. Consider the following countries:

  • 1. Australia
  • 2. Canada
  • 3. China
  • 4. India
  • 5. Japan
  • 6. USA

Which of the above are among the “free-trade partners” of ASEAN?


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