Daily Current Affairs (MCQ) | Date 05.05.22

Daily Current Affairs (MCQ) | Date 05.05.22

Daily Current Affairs (MCQ) | Date 05.05.22

Q1. Which of the following is/are nordic countries?

  1. Sweden
  2. Norway
  3. Finland

 

Select the correct answer from the codes given below

  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 only
  4. 1, 2 and 3

 

Answer (a)

Explanation

Modi holds bilateral talks with Nordic leaders

Q2. Which of the following states has the highest sex ratio at birth in the country in 2020 according to the annual report on Vital Statistics based on the 2020 Civil Registration System report?

 

  1. Ladakh
  2. Arunachal Pradesh
  3. Andaman and Nicobar Islands
  4. Kerala

 

Answer (a)

Explanation

Highest sex ratio at birth in Ladakh

  1. Ladakh recorded the highest sex ratio at birth in the country in 2020, followed by Arunachal Pradesh, Andaman and Nicobar Islands, Tripura and Kerala, according to the annual report on Vital Statistics based on the 2020 Civil Registration System
  2. The lowest sex ratio was reported by Manipur (880), followed by Dadra and Nagar Haveli and Daman and Diu (898), Gujarat (909), and Haryana (916) and Madhya Pradesh (921).
  3. The sex ratio at birth of registered events is an important indicator to map the sex differential of the population at the beginning of their life. None of the States or UTs has recorded a sex ratio at birth below 880.

 

Q3. Which of the following can help contain Inflation in the economy?

 

  1. Increasing policy rate
  2. Decreasing Cash Reserve Ratio
  3. Giving more avenues for reduction in tax liability

Select the correct answer from the codes given below

  1. 1 only
  2. 1 and 3 only
  3. 2 only
  4. 1, 2 and 3

 

Answer (a)

Explanation

  1. The Monetary Policy Committee (MPC) of the Reserve Bank of India announced an unscheduled hike of 40 and 50 basis points in the policy rate (Repo rate) and the Cash Reserve Ratio (CRR) respectively in a move to contain raging
  2. The hike, the first in 45 months, surprised both markets and experts and will increase most consumer loan rates, including on
  3. CRR is the minimum share of deposits which banks have to keep with the RBI and therefore an increase in this ratio has the effect of sucking liquidity from the market. The hike is expected to draw around ₹90,000 crores of liquidity from the
  4. India’s 10-year benchmark bond yield jumped to 7.41%, its highest level since May 2019, after the policy decision, while the rupee strengthened against the dollar to 76.26.

Giving more avenues for reduction in tax liability will increase disposable income of People thus may be inflationary.

 

Q4. In which of the following areas/regions of India Heat waves are observed more frequently and more intensely?

  1. Northern Uttarakhand
  2. Bundelkhand
  3. Malabar coast

Select the correct answer from the codes given below

  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 only
  4. 1, 2 and 3

 

Answer (c)

Explanation

Heatwave hits wheat output, govt says no curbs on export

  1. After five straight years of record harvests, India’s wheat output is estimated to decline by at least 5% this year due to a severe heatwave, but the country will still have surplus stocks amid a pressing global food shortage due to the Ukraine
  2. India aims to fill a large gap in global wheat supplies due to the Black Sea conflict, as it is one of the few countries to currently hold surplus While the world’s second- largest grower was anticipating another bumper crop, dry and hot weather in mid-March cut yields in several food bowl states.
  3. Yet, the government is not planning to put any restrictions on wheat exports, as is being speculated in some quarters.
  4. The government has cut its wheat procurement target sharply, from about 44 million tonnes to about 19.5 million tonnes, mainly because farmers are preferring to sell to private traders, who are paying higher prices than the government on the back of a global wheat
  5. Russia’s invasion of Ukraine has severely dented wheat The two countries account for nearly 29% of global wheat export, besides several other farm and non-farm commodities.