Daily Current Affairs Prelims Quiz - 12-01-2021 - (Online Prelims Test)

1) Consider the following statements with respect to Private Final Consumption Expenditure (PFCE)

1. It is expenditure incurred by the resident households on final consumption of goods and services, made only within the economic territory.
2. It constitutes over 56% of the total GDP.

Which of the statement(s) given above is/are correct?

2) Which of the following statements are incorrect with respect to TROPEX Exercise

1. It is a trilateral exercise between India, Singapore and Thailand.
2. National Security Guard, the Border Security Force, oil handling agencies and airports will participate in the exercise along with defence forces.

Select the correct answer using the codes given below:

3) Which of the following Indian State celebrates Cherry Blossom Mao Festival?

4) Consider the following statements with respect to V Shaped Recovery in Economics

1. It is characterized by a quick and sustained recovery in measures of economic performance after a sharp economic decline.
2. It suggests that economic spending and employment will rapidly decline, but quickly pick back up.

Which of the statement(s) given above is/are correct?

5) Which of the following statements are incorrect with respect to Magnetotail

1. It is elongated extension of the Earth's magnetosphere on the side facing away from the Sun.
2. Earth's magneto tail extends well beyond the orbit of the moon and, once a month, the moon orbits through it.

Select the correct answer using the codes given below:

6) Consider the following statements with respect to Khadi Prakritik Paint

1. The paint uses heavy metals like lead, mercury, arsenic and cadmium to make it eco-friendly and non-toxic.
2. It is a first of its kind paint developed by Khadi and Village Industries Commission (KVIC).
3. The paint is based on cow dung and has been certified by the Bureau of Indian Standards.

Which of the statement(s) given above is/are correct?

7) Consider the following statements with respect to Management Effectiveness Evaluation (MEE) Survey

1. India has a network of 903 Protected Areas covering about 5% of its total geographic area of the country. 
2. Dachigam Wildlife Sanctuary in Jammu & Kashmir is the best and Mathikettan Shola National Park in Tamil Nadu is the worst performers among the surveyed protected areas.

Which of the statement(s) given above is/are correct?

8) Consider the following statements with respect to North East Venture Fund (NEVF)

1. It is the first and the only dedicated Venture Fund for the North Eastern Region (NER).
2. The Venture Fund Scheme was launched by the Ministry of Finance in cooperation with North Eastern Development Finance Corporation Ltd (NEDFi).

Which of the statement(s) given above is/are correct?

9) Consider the following statements with respect to SEA VIGIL 21

1. It is a biennial pan-India coastal defence exercise coordinated by the Indian Coast Guard (ICG).
2. The exercise will involve all the 13 coastal States and Union Territories of India.

Which of the statement(s) given above is/are correct?

10) Consider the following statements with respect to Antarctic Ozone Hole 

1. It is a large area of high pressure and cold air surrounding the Earth's North and South poles.
2. During winters, the polar vortex at the North Pole expands, sending cold air southward.

Which of the statement(s) given above is/are correct?