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

Ques:1

Which of the following best describes Akademik Lomonosov frequently seen in news?

Ques:2

Consider the following statements regarding Monetary Policy in India:

1. The monetary policy in India is steered by five-member Monetary Policy Committee (MPC).
2. The MPC has members from the Reserve Bank of India and nominated members by the Government of India.
3. Under the flexible inflation targeting regime, the headline inflation (CPI) is to be maintained between 2%-6%.

Which of the statements above is/are correct?

Ques:3

Consider the following statements:

1. The repo rate is the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks.
2. An increase in the repo rate typically makes borrowing cheaper for businesses and individuals, pointing towards a contractionary monetary policy.
3. The reverse repo rate is the interest rate at which the Reserve Bank of India (RBI) borrows money from commercial banks.
4. Increasing the reverse repo rate encourages banks to lend more money to consumers and businesses.

Which of the statements above is/are correct?

Ques:4

Consider the following statements regarding National Commission for Safai Karamcharis (NCSK):

1. The National Commission for Safai Karamcharis (NCSK) is a statutory body established by National Commission for Safai Karamcharis Act, 1993.
2. The NCSK has the power to investigate cases of atrocities against Safai Karamcharis and recommend appropriate action, including prosecution.

Which of the statements above is/are correct?

Ques:5

Kalaripayattu is one of the oldest martial arts in the world. In which state of India did the Kalaripayattu originate?

Ques:6

The Darién Gap recently seen in news is located at the border of …

Ques:7

Which of the following statements are correct in respect of factors that contribute to demand-pull inflation:

1. Increase in consumer spending
2. Expansionary monetary policy
3. Higher production costs

 

Select the answer using the code given below:

Ques:8

Which organization developed the Unified Payment System (UPI) system in India?

Ques:9

Consider the following with reference to the features of Repo Rate:

1. When the RBI increases the repo rate, loan interest rates in the economy decreases.
2. Reverse repo rate is the rate at which RBI lend money to the banks in exchange for government securities.
3. If the RBI wants to boost economic growth, it would increase the repo rate.

 

How many of the above is/are correct?

Ques:10

Consider the following with reference to the role of Sector Skill Councils (SSCs) in PMKVY 4.0:

1. To develop National Occupational Standards and Qualification Packs
2. To provide financial loans to trainees
3. To conduct academic examinations
4. To manage international collaborations

 

How many of the above is/are correct?

Ques:11

Consider the following with related to taxation with reference to the functions of Central Board of Direct Taxes (CBDT):

1. Formulation of direct tax policies
2. Collection of GST
3. Administration of the Income Tax Act
4. Implementation of tax treaties

 

How many of the above is/are correct?