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June 08-2024 Current Affairs MCQs
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- Subscribers of the “Current Affairs” course can Download Daily Current Affairs in PDF/DOC from here.
[Quiz] Daily Current Affairs MCQs – June 08 2024
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These MCQs are based on PMF IAS Daily Current Affairs. The daily current affairs are uploaded every day by 8 PM. You can read the Daily Current Affairs from here. Subscribers of the “Current Affairs” course can Download Daily Current Affairs in PDF/DOC from here.
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Question 1 of 5
1. Question
Q1. {MIH – Events} Consider the following statements regarding Mahatma Gandhi’s activism in South Africa:
- The Natal Indian Congress (NIC), established by Mahatma Gandhi, successfully petitioned against a bill by the Natal Legislative Assembly to disenfranchise Indians.
- Inspired by English artist John Ruskin’s book “Unto This Last,” Gandhi established Phoenix Farm near Durban.
- Gandhiji founded an Ambulance Corps in support of the British in the Anglo-Boer War.
Which of the following is the correct chronological order of the above-given events?
Correct
Explanation
Order 1-3-2 is correct
- The NIC (Natal Indian Congress) was the first of the Indian Congresses to be formed.
- It was established in 1894 by Mahatma Gandhi to fight discrimination against Indian traders in Natal.
- It was formed to resist a bill by the Natal Legislative Assembly to disenfranchise the Indians.
- Within a month, a monster petition bearing 10,000 signatures was presented to Lord Ripon, Colonial Secretary, and the agitation compelled the British Government to disallow the Bill.
- However, in 1896, the Bill finally became law.
- The act did not mention the Indians but merely disqualified those who were not of European origin.
- First time that the Indian people had not only participated in but organised an agitational campaign.
- Gandhi founded an Ambulance Corps in support of the British in the Anglo-Boer War of 1899-1902.
- English artist John Ruskin‘s book Unto This Last inspired Gandhi to set up Phoenix Farm near Durban in 1904.
Answer: (d) 1-3-2; Difficulty Level: Hard
Incorrect
Explanation
Order 1-3-2 is correct
- The NIC (Natal Indian Congress) was the first of the Indian Congresses to be formed.
- It was established in 1894 by Mahatma Gandhi to fight discrimination against Indian traders in Natal.
- It was formed to resist a bill by the Natal Legislative Assembly to disenfranchise the Indians.
- Within a month, a monster petition bearing 10,000 signatures was presented to Lord Ripon, Colonial Secretary, and the agitation compelled the British Government to disallow the Bill.
- However, in 1896, the Bill finally became law.
- The act did not mention the Indians but merely disqualified those who were not of European origin.
- First time that the Indian people had not only participated in but organised an agitational campaign.
- Gandhi founded an Ambulance Corps in support of the British in the Anglo-Boer War of 1899-1902.
- English artist John Ruskin‘s book Unto This Last inspired Gandhi to set up Phoenix Farm near Durban in 1904.
Answer: (d) 1-3-2; Difficulty Level: Hard
Unattempted
Explanation
Order 1-3-2 is correct
- The NIC (Natal Indian Congress) was the first of the Indian Congresses to be formed.
- It was established in 1894 by Mahatma Gandhi to fight discrimination against Indian traders in Natal.
- It was formed to resist a bill by the Natal Legislative Assembly to disenfranchise the Indians.
- Within a month, a monster petition bearing 10,000 signatures was presented to Lord Ripon, Colonial Secretary, and the agitation compelled the British Government to disallow the Bill.
- However, in 1896, the Bill finally became law.
- The act did not mention the Indians but merely disqualified those who were not of European origin.
- First time that the Indian people had not only participated in but organised an agitational campaign.
- Gandhi founded an Ambulance Corps in support of the British in the Anglo-Boer War of 1899-1902.
- English artist John Ruskin‘s book Unto This Last inspired Gandhi to set up Phoenix Farm near Durban in 1904.
Answer: (d) 1-3-2; Difficulty Level: Hard
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Question 2 of 5
2. Question
Q2. {IR – Groupings} Consider the following statements about the Indo-Pacific Economic Framework for Prosperity:
- The IPEF was established at the QUAD summit in 2022 in Tokyo, Japan.
- As it is not structured as a Free Trade Agreement, the Indo-Pacific Economic Framework does not advocate for reduced tariffs or preferential access to markets.
- Members of the IPEF are not required to engage in all four pillars of IPEF.
- India, Japan and New Zealand, along with the Philippines and Vietnam, are included among the members of the IPEF.
Correct
Explanation
Statement 1 is correct
- Indo-Pacific Economic Forum (IPEF) is a US-led economic grouping launched at the QUAD summit in 2022 (in Tokyo, Japan).
- Its focus is primarily on standard setting and facilitating trade.
Statement 2 is correct
- It is not a Free Trade Agreement; thus, it does not propose lower tariffs or preferential market access.
Statement 3 is correct
- Pillars of IPEF: (1) Trade, (2) Supply Chain Resilience, (3) Clean Energy-Decarbonisation-Infrastructure, and (4) Taxes and Anti-corruption measures.
- The IPEF is designed to be flexible, meaning that IPEF partners are not required to join all four pillars.
Statement 4 is correct
- 14 member countries of IPEF:
- All 4 Quad members (India, USA, Australia and Japan)
- 7 members of ASEAN (Except Cambodia, Laos and Myanmar), and
- New Zealand and Fiji.
Answer: (d) None; Difficulty Level: Medium
Incorrect
Explanation
Statement 1 is correct
- Indo-Pacific Economic Forum (IPEF) is a US-led economic grouping launched at the QUAD summit in 2022 (in Tokyo, Japan).
- Its focus is primarily on standard setting and facilitating trade.
Statement 2 is correct
- It is not a Free Trade Agreement; thus, it does not propose lower tariffs or preferential market access.
Statement 3 is correct
- Pillars of IPEF: (1) Trade, (2) Supply Chain Resilience, (3) Clean Energy-Decarbonisation-Infrastructure, and (4) Taxes and Anti-corruption measures.
- The IPEF is designed to be flexible, meaning that IPEF partners are not required to join all four pillars.
Statement 4 is correct
- 14 member countries of IPEF:
- All 4 Quad members (India, USA, Australia and Japan)
- 7 members of ASEAN (Except Cambodia, Laos and Myanmar), and
- New Zealand and Fiji.
Answer: (d) None; Difficulty Level: Medium
Unattempted
Explanation
Statement 1 is correct
- Indo-Pacific Economic Forum (IPEF) is a US-led economic grouping launched at the QUAD summit in 2022 (in Tokyo, Japan).
- Its focus is primarily on standard setting and facilitating trade.
Statement 2 is correct
- It is not a Free Trade Agreement; thus, it does not propose lower tariffs or preferential market access.
Statement 3 is correct
- Pillars of IPEF: (1) Trade, (2) Supply Chain Resilience, (3) Clean Energy-Decarbonisation-Infrastructure, and (4) Taxes and Anti-corruption measures.
- The IPEF is designed to be flexible, meaning that IPEF partners are not required to join all four pillars.
Statement 4 is correct
- 14 member countries of IPEF:
- All 4 Quad members (India, USA, Australia and Japan)
- 7 members of ASEAN (Except Cambodia, Laos and Myanmar), and
- New Zealand and Fiji.
Answer: (d) None; Difficulty Level: Medium
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Question 3 of 5
3. Question
Q3. {Social Sector – Health – Initiatives} Consider the following:
- Japan
- India
- United Kingdom
- South Korea
- U.S.A
How many of the above given countries are part of Biopharmaceutical Alliance which aims to enhance supply chain resilience in the biopharmaceutical sector?
Correct
Explanation
- South Korea, India, the United States, Japan, and the European Union (EU) have allied to enhance supply chain resilience in the biopharmaceutical sector collaboratively.
- The first official meeting took place in San Diego during the Bio International Convention 2024.
- It was formed in response to the critical drug shortages experienced during the COVID-19 pandemic.
- The members committed to collaborating on harmonising their respective countries’ bio policies, regulations, and research and development support initiatives.
Answer: (c) Only four; Difficulty Level: Easy
Incorrect
Explanation
- South Korea, India, the United States, Japan, and the European Union (EU) have allied to enhance supply chain resilience in the biopharmaceutical sector collaboratively.
- The first official meeting took place in San Diego during the Bio International Convention 2024.
- It was formed in response to the critical drug shortages experienced during the COVID-19 pandemic.
- The members committed to collaborating on harmonising their respective countries’ bio policies, regulations, and research and development support initiatives.
Answer: (c) Only four; Difficulty Level: Easy
Unattempted
Explanation
- South Korea, India, the United States, Japan, and the European Union (EU) have allied to enhance supply chain resilience in the biopharmaceutical sector collaboratively.
- The first official meeting took place in San Diego during the Bio International Convention 2024.
- It was formed in response to the critical drug shortages experienced during the COVID-19 pandemic.
- The members committed to collaborating on harmonising their respective countries’ bio policies, regulations, and research and development support initiatives.
Answer: (c) Only four; Difficulty Level: Easy
-
Question 4 of 5
4. Question
Q4. {IE – Inflation} Consider the following statements regarding the policy stances of the Reserve Bank of India (RBI):
- An accommodative stance indicates that the central bank is prepared to expand the money supply to boost economic growth when inflation is not the immediate concern.
- A neutral stance suggests that the central bank can either cut or increase interest rates, giving equal priority to both inflation and growth.
- A hawkish stance means that the central bank’s top priority is to keep inflation low, often resulting in higher interest rates to curb the money supply.
How many of the above statement(s) is/are correct?
Correct
Explanation
- Recently, The Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.5% and maintained a ‘withdrawal of accommodation’.
Statement 1 is correct
- An accommodative stance means the central bank is ready to increase the money supply to stimulate economic growth.
- This policy is usually adopted when economic growth requires support and inflation is not an immediate concern.
Statement 2 is correct
- A neutral stance implies that the central bank can either reduce or raise interest rates.
- This approach is typically adopted when the priorities of controlling inflation and promoting growth are balanced equally.
Statement 3 is correct
- A hawkish stance indicates that the central bank’s primary goal is to maintain low inflation.
- In this phase, the central bank is prepared to raise interest rates to reduce the money supply and curb demand, signifying a tight monetary policy.
Answer: (c) All three; Difficulty Level: Easy
Incorrect
Explanation
- Recently, The Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.5% and maintained a ‘withdrawal of accommodation’.
Statement 1 is correct
- An accommodative stance means the central bank is ready to increase the money supply to stimulate economic growth.
- This policy is usually adopted when economic growth requires support and inflation is not an immediate concern.
Statement 2 is correct
- A neutral stance implies that the central bank can either reduce or raise interest rates.
- This approach is typically adopted when the priorities of controlling inflation and promoting growth are balanced equally.
Statement 3 is correct
- A hawkish stance indicates that the central bank’s primary goal is to maintain low inflation.
- In this phase, the central bank is prepared to raise interest rates to reduce the money supply and curb demand, signifying a tight monetary policy.
Answer: (c) All three; Difficulty Level: Easy
Unattempted
Explanation
- Recently, The Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.5% and maintained a ‘withdrawal of accommodation’.
Statement 1 is correct
- An accommodative stance means the central bank is ready to increase the money supply to stimulate economic growth.
- This policy is usually adopted when economic growth requires support and inflation is not an immediate concern.
Statement 2 is correct
- A neutral stance implies that the central bank can either reduce or raise interest rates.
- This approach is typically adopted when the priorities of controlling inflation and promoting growth are balanced equally.
Statement 3 is correct
- A hawkish stance indicates that the central bank’s primary goal is to maintain low inflation.
- In this phase, the central bank is prepared to raise interest rates to reduce the money supply and curb demand, signifying a tight monetary policy.
Answer: (c) All three; Difficulty Level: Easy
-
Question 5 of 5
5. Question
Q5. {Envi – CC} Due to climate change, the residents of Gardi Sugdub Island in the Guna Yala archipelago are being relocated to new homes on the mainland of which one of the following countries?
Correct
Explanation
- Panama is evacuating the residents of Gardi Sugdub Island in the Guna Yala archipelago due to climate change.
- They will be relocated to new homes on the mainland of Carti Sugtupu in the Indigenous Guna Yala Comarca.
- The Guna people have long faced rising sea levels, saltwater intrusion poisoning freshwater reserves, and coastal erosion from frequent floods.
- Similar challenges affect an estimated 63 communities along Panama’s Pacific and Caribbean coasts.
Answer: (b) Panama; Difficulty Level: Medium
Incorrect
Explanation
- Panama is evacuating the residents of Gardi Sugdub Island in the Guna Yala archipelago due to climate change.
- They will be relocated to new homes on the mainland of Carti Sugtupu in the Indigenous Guna Yala Comarca.
- The Guna people have long faced rising sea levels, saltwater intrusion poisoning freshwater reserves, and coastal erosion from frequent floods.
- Similar challenges affect an estimated 63 communities along Panama’s Pacific and Caribbean coasts.
Answer: (b) Panama; Difficulty Level: Medium
Unattempted
Explanation
- Panama is evacuating the residents of Gardi Sugdub Island in the Guna Yala archipelago due to climate change.
- They will be relocated to new homes on the mainland of Carti Sugtupu in the Indigenous Guna Yala Comarca.
- The Guna people have long faced rising sea levels, saltwater intrusion poisoning freshwater reserves, and coastal erosion from frequent floods.
- Similar challenges affect an estimated 63 communities along Panama’s Pacific and Caribbean coasts.
Answer: (b) Panama; Difficulty Level: Medium
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