Daily Current Affairs (MCQ's) | 09-07-2022

Daily Current Affairs (MCQ's) | 09-07-2022

Daily Current Affairs (MCQ's) | 09-07-2022

Q1. Which of the following countries announced gender parity in compensation to cricketers?

  1. New Zealand
  2. India
  3. Pakistan
  4. Australia

 

Answer (a)

Explanation:

  • New Zealand Cricket striking a deal to remunerate its women cricketers the same as their male counterparts is a major landmark in the fight to close the gender pay gap in sports.
  • From August 2022, New Zealand’s men and women players will be entitled to the same match fees, both at the international and domestic levels.
  • This comes four months after the United States’ women’s national footballers won the six-year-long battle with their federation to secure equal compensation.
  • The agreements are expected to be game-changers, encouraging more girls to take up the sports.
  • Football, basketball and golf remain Seen in this context, the decisions in New Zealand and the U.S. appear seismic.

Q2. The term Abenomics to describe the Keynesian economic policies of

  1. Vladimir Putin
  2. Kim Jong-un
  3. Shinzō Abe
  4. Xi Jinping

 

Answer (c)

Explanation:

The key word of relevance: Abenomics

We use the term Abenomics to describe the Keynesian economic policies of Japanese Prime Minister Shinzō Abe. Essentially, Abenomics says that strict monetary policies can tackle Japan’s long-term deflationary problem. Specifically, Mr Abe believes that his policies will lead to economic growth. Furthermore, he insists they will lead to greater exports, more jobs, and higher wages.

According to Hugh Patrick’s report, titled – Abenomics: Japan’s New Economic Policy Package – Abenomics is based on three arrows, which are:

  1. Dramatically expansive monetary policy,
  2. fiscal stimulus, and finally,
  3. structural reforms to achieve better economic growth in the longer term.

Q3. Consider the following statements about the India’s defence exports for 2021-22

  1. The public sector accounted for 70% of the exports
  2. The S. was a major buyer
  3. Indian companies have been increasingly becoming part of the supply chains of S. defence companies

 

Which of the above statements is/are correct?

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

Answer (b)

Explanation:

  • India’s defence exports for   2021-22   were estimated at ₹13,000 crores, the highest ever. The U.S. was a major buyer, as also nations in Southeast Asia, West Asia and Africa.
  • The private sector accounted for 70% of the exports, while public sector firms accounted for the rest. Earlier, the private sector used to account for 90% but now the share of defence public sector units had gone up.

 

Part of USA supply chain:

While India’s defence imports from the U.S. have gone up significantly in recent years, Indian companies have been increasingly becoming part of the supply chains of U.S. defence companies.

Indian Exports:

In January, India signed a $374.96-million deal with the Philippines, its single biggest defence export order, for the supply of three batteries of a shore-based anti-ship variant of the BrahMos supersonic cruise missile.

Q4. Which of the following is correctly matched?

 

 

Refugee Camp

Country

1

Bidibidi

Kenya

2

Kutupalong

Bangladesh

3

Kakuma and Dadaab

Somalia

 

Select the correct answer from the codes given below

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

Answer (c)

Explanation:

Bidibidi Refugee Settlement is a refugee camp in northwestern Uganda. With over 270,000 South Sudanese refugees fleeing the ongoing civil war, as of early 2017 it was the largest refugee settlement in the world. As of 2018, that distinction was claimed by Kutapalong refugee camp for displaced Rohingya in Bangladesh.

Kutupalong refugee camp is the world's largest refugee camp. It is in Ukhia, Cox's Bazar, Bangladesh, inhabited mostly by Rohingya refugees that fled from ethnic and religious persecution in neighboring Myanmar. It is one of two government-run refugee camps in Cox's Bazaar, the other being the Nayapara refugee camp.

In March 2021, Kenya ordered the swift closure of Kakuma and Dadaab – two sprawling refugee camps that host more than 400,000 people, mostly from neighbouring Somalia, South Sudan and the Democratic Republic of the Congo – and gave the United Nations refugee agency (UNHCR) just two weeks to come up with a plan to do so.

Q5. Which of the following agency releases the Financial Stability Report in India?

  1. The Securities and Exchange Board of India (SEBI)
  2. Reserve Bank of India (RBI)
  3. NITI AYOG
  4. The Indian Banks' Association (IBA)

 

Answer (b)

Explanation:

Reserve Bank of India's Financial Stability Report is an eagerly awaited report to gauge the health of the banking system in particular and the likely stress situation.