Daily Current Affairs (MCQ) | Date 22.04.22

Q1. Which of the following island countries is not situated in the pacific ocean?

a. Fiji
b. Solomon Islands
c. New Caledonia
d. Agalega Islands

Answer : d

Why is the Question ?

Agalega is situated in India Ocean
Growing ambitions
China’s security pact with the Solomon Islands is a first, but unlikely to be the last

Highlights:
1. China’s government announced that it had signed a landmark security pact with the Solomon Islands, evoking concern from Australia and the U.S.
2. The agreement is the first of its kind that China has agreed with any country, and underlines its ambitions to play a security role in the Pacific.
3. The final version has not been made public, but according to a draft that was leaked last month, it will pave the way for China to deploy its security forces there.
4. The Solomon Islands can request police and military personnel “to assist in maintaining social order”, while China can make ship visits and use its ports for logistics.
5. This will give China’s vessels a strategic foothold in the Pacific, in a region close to Australia and Guam, where the U.S. has a naval base.

Q2. Which of the following island countries are situated in Indian Ocean?

1. Agalega
2. Assumption
3. Diego garcia
4. Mauritius

Select the correct answer from the codes given below

a. 1, 2 and 3
b. 2, 3 and 4
c. 1, 2 and 4
d. 1, 2, 3 and 4

Answer : d

Why is the Question ?

Militarised islands in the Indian Ocean:

Q3. 'Investors that provide to startup companies and small businesses that are believed to have long-term growth potential. It generally comes from well-off investors, investment banks and any other financial institutions. However, it does not always take just a monetary form; it can be provided in the form of technical or managerial expertise.' Which of the following forms of investments is correctly described in the above passage?

a. Angel Investment
b. Venture Capital
c. Personal Investment
d. Peer to Peer Lending

Answer : b

Why is the Question ?

Venture capital is a kind of financing that investors provide to startup companies
and small businesses that are believed to have long-term growth potential. Venture capital generally comes from well-off investors, investment banks and any other financial institutions. However, it does not always take just a monetary form; it can be provided in the form of technical or managerial expertise.

Q4. In the context of macroeconomics, marginal propensity to consume (MPC) refers to

a. The fraction of total additional income that people use for consumption.
b. The fraction of total consumption that is incurred on basic necessities like food.
c. The fraction of income that is put into savings for future consumption.
d. The fraction of income that is incurred on capital investment.

Answer : a

Why is the Question ?

The marginal propensity to consume (MPC) is the fraction of total additional income that people use for the consumption of goods and services, as opposed to saving it. Marginal propensity to consume is a component of Keynesian macroeconomic theory and is calculated as the change in consumption divided by the change in income.