01-Feb-25: UPSC Current Affairs Daily Quiz With Answers

Ques:1

According to the constitution, the President address both the houses of Parliament …

1. Before the declaration of General Election (Lok Sabha) by the Election Commission.
2. At the beginning of the first Session after each general election when the reconstituted Lok Sabha meets for the first time.
3. At beginning of the first session of each year.
4. At the beginning of each parliamentary session.

Which of the statements above is/are correct?

Ques:2

The drug Suzetrigine, recently approved by the US FDA is used for …

Ques:3

Consider the following statements regarding headline and core inflation:

1. Headline inflation includes the prices of volatile items like food and fuel, while core inflation excludes them.
2. Core inflation is a more stable measure of underlying inflation trends because it is not affected by temporary price shocks in food and energy markets.

Which of the statements above is/are correct?

Ques:4

Which of the following statements about asteroid Bennu is NOT correct?

Ques:5

Consider the following statements regarding inflation in India:

1. The retail inflation is based on the Consumer Price Index (combined).
2. The medium-term inflation target set by the RBI is 4+/-2 percent. 

Which of the statements above is/are INCORRECT?

Ques:6

Consider the following with reference to the factors that can contribute to an increase in the fiscal deficit:

1. Rise in government spending
2. Decrease in tax revenues
3. Increase in public sector disinvestment
4. Higher interest payments on previous borrowings

 

Select the correct answer using the codes below:

Ques:7

Which of the following statements are correct in respect of economic reforms highlighted in the Economic Survey 2024-25:

1. The survey proposed the introduction of a single-window clearance system for businesses.
2. It suggested a further simplification of the GST structure.
3. It recommended a gradual reduction in corporate tax rates.

 

Select the answer using the code given below:

Ques:8

The Five-Point Consensus (5PC) is associated with which country’s political crisis?

Ques:9

Consider the following with reference to ‘The  Generalized System of Preferences (GSP):

1. The GSP is a trade program designed to provide tariff-free or reduced tariff access to developed markets for exports from developing countries.
2. The GSP was introduced by the World Trade Organization (WTO) to promote fair trade practices.
3. The United States suspended India's GSP benefits in 2019 due to concerns over market access.

 

How many of the above is/are correct?

Ques:10

Consider the following with reference to the core areas of cooperation between India and ASEAN:

1. Trade and investment
2. Regional security
3. Tourism and cultural exchange
4. Space research
5. Military alliances

 

How many of the above is/are correct?