Daily Current Affairs Quiz With Answers : 24 Dec 2024

Ques:1

Consider the following statements regarding Fiscal Deficit:

Fiscal deficit occurs when a government's total revenue exceeds its total expenditure in a financial year.

It may indicate excessive government borrowing, which could lead to higher public debt.

Which of the statements above is/are correct?

Ques:2

Which of the following best describes the concept of Most-Favoured Nation (MFN) status in international trade?

(a) A country grants trade benefits to all its neighbouring countries equally. (b) A country grants special trade privileges to a single trading partner. (c) A country agrees to treat all World Trade Organization (WTO) members equally in trade matters. (d) A country establishes a trade embargo against a specific nation.

Ques:3

Consider the following statements regarding forests in India:

Tree patches measuring 1 hectare or more with a minimum canopy cover of 10% are counted as forests.

Areas with a canopy density of 40% and above are considered dense forests.

Areas with a canopy density between 10-40% are considered open forests.

How many of the above statements are correct?

Ques:4

Which of the following best describes the difference between deflation and disinflation?

(a) Deflation is a slowing of the rate of inflation, while disinflation is a decrease in the general price level. (b) Deflation is a decrease in the general price level, while disinflation is a slowing of the rate of inflation. (c) Deflation occurs when the economy is growing rapidly, while disinflation occurs during a recession. (d) Deflation results in higher consumer spending, while disinflation leads to lower consumer spending.

Ques:5

The Spadex Mission of ISRO aims to …

(a) Demonstrate India’s docking capability (b) Demonstrate recovery of rockets (c) Demonstrate reuse of rockets (d) Demonstrate India’s ability to send humans to space

Ques:6

Which of the following statements are correct in respect of the Western Ghats:

The Western Ghats stretches across 6 states.

Lion-tailed Macaque is found in the Nilgiris and is known for its conservation efforts.

Silent Valley National Park is located in the Western Ghats.

Select the answer using the code given below:

Ques:7

Which organization publishes the India State of Forest Report?

(a) National Biodiversity Authority (b) Wildlife Institute of India (c) Ministry of Environment, Forest and Climate Change (d) Forest Survey of India

Ques:8

Consider the following with reference to the activities funded by the Compensatory Afforestation Fund:

Wildlife protection and conservation

Construction of roads through forest areas

Monitoring and evaluation of afforestation projects

How many of the above is/are correct?

Ques:9

**Consider the following with reference to the right not granted under the Forest Rights Act:

Right to collect minor forest produce

Right to own forest land

Right to protect and conserve the forest

Right to use forest resources for self-consumption

How many of the above is/are correct?**

Ques:10

Consider the following with reference to the authorities who are a part of the GST Council:

Union Finance Minister

State Finance Ministers

State Chief Secretaries

Union Minister of State for Finance

How many of the above is/are correct?

24-Dec-24: UPSC Current Affairs Daily Quiz With Answers