What was the highest GST collection in India in the financial year 2022?
A. ₹ 1.20 trillion
B. ₹ 1.30 trillion
C. ₹ 1.40 trillion
D. ₹ 1.50 trillion
Correct Answer: D. ₹ 1.50 trillion
Explanation:
As per the Ministry of Finance, India’s highest GST collection in the
financial year 2022 was ₹ 1.50 trillion. This shows a steady growth in the
country’s economy and an increase in tax compliance.
Source: Ministry of Finance, Government of India.
What was the average monthly GST collection in the financial year 2021-22?
A. ₹ 1.10 trillion
B. ₹ 1.20 trillion
C. ₹ 1.30 trillion
D. ₹ 1.40 trillion
Correct Answer: C. ₹ 1.30 trillion
Explanation:
According to the Ministry of Finance, the average monthly GST collection
in the financial year 2021-22 was ₹ 1.30 trillion. This shows a continuous
increase in the country’s economic growth and a better tax compliance
system.
Source: Ministry of Finance, Government of India.
What is the purpose of All India Survey on Higher Education (AISHE)?
A. To collect and disseminate information on higher education sector in
India
B. To assess the standard of education in Indian schools
C. To monitor the number of students enrolled in primary education
D. To collect data on the number of colleges and universities in India
Correct Answer: A. To collect and disseminate information on higher
education sector in India
Explanation: All India Survey on Higher Education (AISHE) is a
comprehensive source of information on the higher education sector in
India. The purpose of AISHE is to collect and disseminate information on
various aspects of higher education in the country including number of
colleges and universities, number of students enrolled in different
courses, facilities and infrastructure in the institutions and so on.
Source: Ministry of Education, Government of India
Which Ministry of the Government of India is responsible for conducting the
All India Survey on Higher Education (AISHE)?
A. Ministry of Human Resource Development
B. Ministry of Education
C. Ministry of Science and Technology
D. Ministry of Women and Child Development
Correct Answer: A. Ministry of Human Resource Development
Explanation: The Ministry of Human Resource Development (MHRD) is
responsible for conducting the All India Survey on Higher Education
(AISHE) in India. AISHE is an initiative of the MHRD to collect and
disseminate information on various aspects of higher education in the
country.
Source: Ministry of Education, Government of India
What type of data is collected in All India Survey on Higher Education
(AISHE)?
A. Information on the number of colleges and universities in India
B. Data on the number of students enrolled in different courses
C. Details of the facilities and infrastructure available in the
institutions
D. All of the above
Correct Answer: D. All of the above
Explanation: All India Survey on Higher Education (AISHE) collects
comprehensive data on various aspects of higher education sector in India.
The data collected includes information on the number of colleges and
universities in India, number of students enrolled in different courses,
facilities and infrastructure available in the institutions and so on.
Source: Ministry of Education, Government of India
What is the main objective of the “Nidhi Aapke Nikat” campaign launched by
the government of India?
A. To promote financial literacy and financial inclusion
B. To provide affordable credit to the rural population
C. To increase access to banking services in rural areas
D. All of the above
Correct Answer: D. All of the above
Explanation:
The “Nidhi Aapke Nikat” campaign was launched by the Ministry of Finance,
Government of India with the aim of promoting financial literacy and
financial inclusion, providing affordable credit to the rural population
and increasing access to banking services in rural areas. The campaign
focuses on the spread of awareness about the various government-supported
financial schemes, which are aimed at empowering the rural and
underprivileged sections of the society.
Source: Ministry of Finance, Government of India
What are the key features of the “Nidhi Aapke Nikat” campaign?
A. Awareness programs and training sessions
B. Setting up of banking correspondents
C. Outreach programs in rural areas
D. All of the above
Correct Answer: D. All of the above
Explanation:
The “Nidhi Aapke Nikat” campaign focuses on conducting awareness programs
and training sessions, setting up of banking correspondents, and
conducting outreach programs in rural areas. The aim of these features is
to increase the spread of financial literacy, improve access to banking
services, and empower the rural population with the necessary knowledge
and tools to take advantage of the various financial schemes available to
them.
Source: Ministry of Finance, Government of India
What was the main agenda discussed at the first G20 International Financial
Architecture Working Group meeting?
A. Global financial governance
B. Digital economy
C. Infrastructure investment
D. Climate finance
Correct Answer: A. Global financial governance
Explanation:
The first G20 International Financial Architecture Working Group meeting
was held in Moscow, Russia, on February 22-23, 2021. The main agenda of
the meeting was to discuss the issues related to global financial
governance and to explore ways to enhance international financial
architecture.
Source: G20 Russia
What was India’s contribution in the G20 meeting held on February 22-23,
2021?
A. India highlighted the importance of climate finance
B. India proposed a new digital economy agenda
C. India discussed the need for infrastructure investment
D. India emphasized on the importance of global financial governance
Correct Answer: D. India emphasized on the importance of global financial
governance
Explanation:
India participated in the G20 meeting held on February 22-23, 2021 and
emphasized on the importance of global financial governance. India
stressed the need for strengthening the international financial
architecture to better address the global economic challenges and promote
economic stability.
Source: G20 Russia
What was the outcome of the G20 meeting held on February 22-23, 2021?
A. The meeting resulted in the adoption of a new digital economy agenda
B. The meeting resulted in the adoption of a new framework for
infrastructure investment
C. The meeting resulted in the adoption of a new global financial governance
framework
D. The meeting resulted in the strengthening of the international financial
architecture
Correct Answer: D. The meeting resulted in the strengthening of the
international financial architecture
Explanation:
The outcome of the G20 meeting held on February 22-23, 2021 was the
strengthening of the international financial architecture. The meeting
resulted in the adoption of several measures to enhance global financial
governance and promote economic stability.
Source: G20 Russia
When was the first G20 International Financial Architecture Working Group
meeting held?
A. 2009
B. 2008
C. 2007
D. 2006
Correct Answer: A. 2009
Explanation:
The first G20 International Financial Architecture Working Group meeting
was held in 2009, in response to the 2008 financial crisis. The working
group aimed to strengthen the international financial architecture and
promote stability in the global financial system.
Source: G20.org
What is the objective of India’s Mission LiFE?
A. To develop local capacities in biomedical innovation and production within developing countries.
B. To promote the design and execution of cooperation projects in the field of solar and nuclear energy.
C. To scale up solar energy and reduce the cost of solar power generation.
D. To mobilize individuals and collectives to take action for conserving the environment.
Correct Answer: D. To mobilize individuals and collectives to take action for conserving the environment. Explanation: The Mission LiFE aims to mobilize at least one billion Indians and other global citizens to take individual and collective action for conserving the environment. Source: The Hindu
Which of the following is a global initiative launched by India for Clean Energy?
A. One sun, one world, one grid project (OSOWOG)
B. Mangrove Alliance for Climate
C. Indo-Pacific Parks Partnership
D. Trilateral Cooperation Initiative
Correct Answer: A. One sun, one world, one grid project (OSOWOG) Explanation: The One sun, one world, one grid project (OSOWOG) is a global initiative launched by India for clean energy. Source: The Hindu
Which multilateral organizations will be cooperated by the trilateral initiative involving India, UAE, and France?
A. World Health Organization (WHO), Gavi-the Vaccine Alliance, Global Fund, and Unitaid.
B. United Nations (UN), European Union (EU), North Atlantic Treaty Organization (NATO), and World Trade Organization (WTO).
C. International Monetary Fund (IMF), Asian Development Bank (ADB), World Bank (WB), and Organisation for Economic Co-operation and Development (OECD).
D. South Asian Association for Regional Cooperation (SAARC), Association of Southeast Asian Nations (ASEAN), Gulf Cooperation Council (GCC), and African Union (AU).
Correct Answer: A. World Health Organization (WHO), Gavi-the Vaccine Alliance, Global Fund, and Unitaid. Explanation: The trilateral initiative will cooperate to promote cooperation in multilateral organizations such as World Health Organization (WHO), Gavi-the Vaccine Alliance, Global Fund, and Unitaid. Source: The Hindu
What is the objective of the trilateral Cooperation Initiative between India, UAE, and France?
A. To promote cooperation in the fields of energy, climate change, defence, and healthcare
B. To establish a new alliance for promoting solar power
C. To develop an inter-regional energy grid to share solar energy across the globe
D. To expand cooperation in the field of biomedical research and development
Correct Answer: A. To promote cooperation in the fields of energy, climate change, defence, and healthcare Explanation: The trilateral Cooperation Initiative between India, UAE, and France aims to promote the design and execution of cooperation projects in the fields of energy, with a focus on solar and nuclear energy. The initiative also seeks to cooperate in the fight against climate change and the protection of biodiversity, particularly in the Indian Ocean region. Additionally, the three sides agreed to cooperate in defence preparation and in countering infectious diseases.
Source: The Hindu
Which of the following is not one of the global initiatives launched by India for clean energy?
A. Mission Life
B. International Solar Alliance (ISA)
C. One sun, one world, one grid project (OSOWOG)
D. Global Green Energy Initiative (GGEI)
Correct Answer: D. Global Green Energy Initiative (GGEI) Explanation: The global initiatives launched by India for clean energy include Mission Life, International Solar Alliance (ISA), and One sun, one world, one grid project (OSOWOG). The GGEI is not a real initiative.
Source: The Hindu
What is India’s commitment regarding non-fossil fuel energy capacity by 2030?
A. 500 GW
B. 250 GW
C. 1000 GW
D. 750 GW
Correct Answer: A. 500 GW Explanation: India’s commitment at the COP26 Glasgow summit is to take its non-fossil fuel energy capacity to 500 GW by 2030. Additionally, India aims to bring down the carbon intensity of the country by more than 45% by 2030 and achieve the target of net-zero carbon emissions by 2070.
Source: The Hindu
What are muons?
A. High-energy particles created when Earth’s atmosphere collides with cosmic rays
B. Small subatomic particles that make up atoms
C. Particles that move through space faster than light
D. Particles that are produced only in nuclear reactors
Correct Answer: A. High-energy particles created when Earth’s atmosphere collides with cosmic rays Explanation: Muons are created when the particles in Earth’s atmosphere collide with cosmic rays, which are clusters of high-energy particles that move through space at just below the speed of light.
Source: Examarc Guide
What is muography?
A. A technique that exploits the penetration capability of muons to image the inner structure of large bodies
B. A process that creates muons in nuclear reactors
C. A technology that uses electrons to scan the inside of objects
D. A technique that utilizes X-rays to scan large and wide structures
Correct Answer: A. A technique that exploits the penetration capability of muons to image the inner structure of large bodies Explanation: Muography is a technique that exploits the penetration capability of muons to image the inner structure of large bodies. By measuring their absorption in matter, it allows the imaging of the inner structure of large bodies.
Source: Examarc Guide
What are some applications of muons?
A. Archaeology, detecting volcanic eruptions, and studying superconductors
B. Detecting dangerous nuclear material and looking inside damaged nuclear power plants
C. Imaging the inner structure of atoms and subatomic particles
D. Muons have no practical applications
Correct Answer: A. Archaeology, detecting volcanic eruptions, and studying superconductors Explanation: Muons have many practical applications including, but not limited to, archaeology, detecting volcanic eruptions, and studying superconductors. Muons can be used to see through dense objects, including large structures like volcanoes or the human body, and can help scientists detect dangerous nuclear material and see inside damaged nuclear power plants.
Source: Examarc Guide
What is the total central government budget for health per citizen according to the 2023-24 Union Budget speech?
A. Approximately Rs 615
B. Approximately Rs 800
C. Approximately Rs 1000
D. Approximately Rs 1500
Correct Answer: A. Approximately Rs 615 Explanation: The finance minister announced that the total central government budget for health will be roughly Rs 86,175 crore ($10 billion), which amounts to roughly Rs 615 for every citizen.
Source: The Hindu
What is the percentage increase in central government’s health spending from the previous fiscal year?
A. 2.7%
B. 5%
C. 10%
D. 15%
Correct Answer: A. 2.7% Explanation: The central government’s health spending has increased by 2.7% from the previous fiscal year.
Source: The Hindu
What is the proportion of GDP that India currently spends on health?
A. 3.2%
B. 4.2%
C. 5.2%
D. 6.2%
Correct Answer: A. 3.2% Explanation: India currently spends about Rs 8 lakh crore or about 3.2% of its GDP on health.
Source: The Hindu
Which of the following countries has the highest percentage of government health expenditure compared to its GDP?
A. China
B. Thailand
C. Vietnam
D. Sri Lanka
Correct Answer: A. China Explanation: The government health expenditure in China is about 3% of its GDP, which is higher than Thailand, Vietnam, and Sri Lanka.
Source: The Hindu
What is space debris?
A. Natural objects orbiting the Earth
B. Man-made objects in orbit around the Earth
C. Objects orbiting other planets in the Solar System
D. Objects that fall from the sky into the Earth’s atmosphere
Correct Answer: B. Man-made objects in orbit around the Earth.
Explanation: Space debris refers to man-made objects in orbit around the Earth, including defunct satellites and spent rocket stages, which pose a risk to operational spacecraft and astronauts.
Source: examarc guide
What is the Kessler Syndrome?
A. A theoretical scenario in which a cascade of collisions between artificial objects in low Earth orbit leads to an increasing amount of space debris
B. A hypothetical planet orbiting a distant star
C. A spacecraft developed to clean up space debris
D. A program developed to mitigate the growth of space debris
Correct Answer: A. A theoretical scenario in which a cascade of collisions between artificial objects in low Earth orbit leads to an increasing amount of space debris.
Explanation: The Kessler Syndrome is a theoretical scenario in which a cascade of collisions between artificial objects in low Earth orbit leads to a rapidly increasing amount of space debris, making the use of near-Earth space impossible for an extended period of time.
Source: examarc guide
Which space agency established the IS4OM to mitigate the risk posed by space debris?
A. European Space Agency (ESA)
B. Indian Space Research Organization (ISRO)
C. NASA
D. Japanese Aerospace Exploration Agency (JAXA)
Correct Answer: B. Indian Space Research Organization (ISRO).
Explanation: The ISRO System for Safe and Sustainable Operations Management (IS4OM) was established in 2022 by the Indian Space Research Organization (ISRO) to continually monitor objects posing collision threats and to mitigate the risk posed by space debris.
Source: examarc guide
Which of the following is not an important mission for removing space debris?
A. RemoveDebris
B. e.Deorbit
C. Debris Elimination and Reentry (DER)
D. Space Debris Capture Experiment (SDCE)
Correct Answer: D. Space Debris Capture Experiment (SDCE).
Explanation: The other options are actual missions focused on removing space debris, while the Space Debris Capture Experiment (SDCE) is a Japanese Aerospace Exploration Agency (JAXA) experiment to demonstrate the feasibility of capturing space debris using a device mounted on a spacecraft and to study the characteristics of space debris.
Source: examarc guide
What is the goal of the European Space Agency’s RemoveDebris mission?
A. To test and validate multiple active debris removal technologies
B. To demonstrate the feasibility of capturing and deorbiting a non-functional satellite using a net and a harpoon
C. To reduce the threat of re-entering debris and mitigate the growth of space debris
D. To demonstrate the feasibility of cleaning up space debris using a combination of active and passive methods
Correct Answer: A. To test and validate multiple active debris removal technologies Explanation: The goal of the European Space Agency’s RemoveDebris mission is to test and validate multiple active debris removal technologies in the low Earth orbit (LEO).
What is the objective of the Space Debris Capture Experiment by the Japanese Aerospace Exploration Agency (JAXA)?
A. To demonstrate the feasibility of capturing space debris using a device mounted on a spacecraft and to study the characteristics of space debris
B. To test and validate multiple active debris removal technologies
C. To reduce the threat of re-entering debris and mitigate the growth of space debris
D. To demonstrate the feasibility of removing space debris from low Earth orbit
Correct Answer: A. To demonstrate the feasibility of capturing space debris using a device mounted on a spacecraft and to study the characteristics of space debris Explanation: The objective of the Space Debris Capture Experiment by the Japanese Aerospace Exploration Agency (JAXA) is to demonstrate the feasibility of capturing space debris using a device mounted on a spacecraft and to study the characteristics of space debris.
Dear Aspirant, Please do comment below if you find any mistakes. Also please let us know how our daily current affairs question series is helping you in your preparations. Good luck!
