70 MCQ on daily current affairs for social work students (8th December 2023)

1. Which political party claims the title of the world's largest, with 180 million members?

a) Chinese Communist Party (CCP)
b) Democratic Party (United States)
c) Bhartiya Janata Party (BJP)
d) Indian National Congress (INC)
Answer: c. Bhartiya Janata Party (BJP)

2. What is the rank of China's Communist Party (CCP) in the list of the world's largest political parties?

a) 1
b) 2
c) 3
d) 4
Answer: b. 2

3. Which political party secures the third position globally in terms of membership?

a) Democratic Party (United States)
b) Republican Party (United States)
c) Indian National Congress (INC)
d) AIADMK (India)
Answer: c. Indian National Congress (INC)

4. Among the listed parties, which one is not from India or the United States?

a) AIADMK (India)
b) AK Party (Turkey)
c) Democratic Party (United States)
d) Republican Party (United States)
Answer: b. AK Party (Turkey)

5. What factor is often used to gauge a political party's enormity?

a) Historical Impact
b) Media Visibility
c) Public Recognition
d) Membership Magnitude
Answer: d. Membership Magnitude

6. How is a party's substantial impact on policy formation typically denoted?

a) Electoral Triumphs
b) Geographical Extent
c) Historical Impact
d) Policy Shaping
Answer: d. Policy Shaping

7. What is the significance of a party's substantial presence across diverse regions?

a) Membership Magnitude
b) Electoral Triumphs
c) Geographical Extent
d) Historical Impact
Answer: c. Geographical Extent

8. What criterion involves consistent victories across local, regional, and national levels?

a) Policy Shaping
b) Electoral Triumphs
c) Historical Impact
d) Public Recognition
Answer: b. Electoral Triumphs

9. Which party is ranked fifth in the list of the world's largest political parties?

a) AIADMK (India)
b) Republican Party (United States)
c) AK Party (Turkey)
d) Democratic Party (United States)
Answer: b. Republican Party (United States)

10. What does media visibility commonly contribute to a political party's recognition?

a) Membership Magnitude
b) Historical Impact
c) Media Visibility
d) Public Recognition
Answer: c. Media Visibility
11. According to the latest NCRB report, which city has been recognized as the safest city in India for three consecutive years?
- a) Mumbai
- b) Kolkata
- c) Chennai
- d) Pune
- Answer: b. Kolkata
12. What does IPC stand for in the context of the NCRB report on the safest cities in India?
- a) Indian Penal Code
- b) International Police Consortium
- c) Inherent Public Crime
- d) Integrated Police Control
- Answer: a. Indian Penal Code
13. Which organization is responsible for gathering and examining crime-related information in India, as mentioned in the article?
- a) Indian Police Service (IPS)
- b) National Security Guard (NSG)
- c) National Crime Records Bureau (NCRB)
- d) Central Bureau of Investigation (CBI)
- Answer: c. National Crime Records Bureau (NCRB)
14. What factors have contributed to the recognition of cities as the safest places in India, according to the article?
- a) High population density
- b) Strict traffic regulations
- c) Effective law enforcement, community engagement, and proactive crime prevention
- d) Robust public transportation
- Answer: c. Effective law enforcement, community engagement, and proactive crime prevention
15. Which city secured the second position in the list of the safest cities in India, according to the NCRB report?
- a) Pune
- b) Chennai
- c) Coimbatore
- d) Surat
- Answer: b. Chennai
16. Where is the headquarters of the National Crime Records Bureau (NCRB) located?
- a) Mumbai
- b) Kolkata
- c) New Delhi
- d) Chennai
- Answer: c. New Delhi
17. What does NCRB's "IPC Rate" measure in the context of the safest cities in India?
- a) Income Per Capita
- b) Indian Police Coverage
- c) Integrated Public Cooperation
- d) Incidents of Recognizable Crime per lakh population
- Answer: d. Incidents of Recognizable Crime per lakh population
18. According to the NCRB report, which city is ranked fifth among the safest cities in India?
- a) Hyderabad
- b) Pune
- c) Surat
- d) Pune
- Answer: b. Pune
19. Under which ministry does the National Crime Records Bureau (NCRB) operate in India?
- a) Ministry of Finance
- b) Ministry of Home Affairs
- c) Ministry of External Affairs
- d) Ministry of Law and Justice
- Answer: b. Ministry of Home Affairs
20. What does the article emphasize as the defining feature of the recognized safest cities in India?
- a) High economic development
- b) Absence of crime
- c) Concerted efforts by local authorities for public safety
- d) Advanced technological infrastructure
- Answer: c. Concerted efforts by local authorities for public safety
- 21. What is the primary reason cited by the Reserve Bank of India (RBI) for cancelling the license of Urban Co-operative Bank (UCB) in Sitapur, Uttar Pradesh?
  - a) Inadequate capital and earning prospects
  - b) Ceasing to carry on banking business
  - c) Adverse impact on public interest
  - d) Commissioner and Registrar intervention
  - Answer: b. Ceasing to carry on banking business
  22. What step has the RBI urged the Commissioner and Registrar of Cooperative, Uttar Pradesh, to take in addition to license cancellation?
  - a) Issuing an order for liquidation
  - b) Reconsidering the license cancellation
  - c) Appointing a new board of directors
  - d) Approving a merger with another bank
  - Answer: a. Issuing an order for liquidation
  23. According to the RBI, what is the key factor leading to the cancellation of Urban Co-operative Bank's license?
  - a) Inadequate capital and earning prospects
  - b) Intervention by the Commissioner and Registrar
  - c) Adverse impact on public interest
  - d) Financial health concerns
  - Answer: a. Inadequate capital and earning prospects
  24. How does the RBI assure depositor protection in the event of liquidation?
  - a) By returning the full amount of deposits
  - b) By arranging a merger with another solvent bank
  - c) By providing an extension for deposit withdrawals
  - d) By facilitating a deposit insurance claim amount, subject to a monetary ceiling
  - Answer: d. By facilitating a deposit insurance claim amount, subject to a monetary ceiling
  25. What percentage of depositors, according to the bank's submitted data, are eligible to receive the full amount of their deposits from DICGC?
  - a) 92.16 percent
  - b) 98.32 percent
  - c) 85.75 percent
  - d) 100 percent
  - Answer: b. 98.32 percent
  26. Why does the RBI state that allowing the Urban Co-operative Bank to continue banking business would be against public interest?
  - a) Due to its involvement in fraudulent activities
  - b) Concerns about the bank's financial health and ability to pay depositors
  - c) Lack of community engagement
  - d) High operational costs
  - Answer: b. Concerns about the bank's financial health and ability to pay depositors
  - 27. What is the significance of the top saffron color in the National Flag of India?
    a) Peace and truth
    b) Fertility, growth, and auspiciousness
    c) Strength and courage
    d) Represents the chakra
    Answer: c. Strength and courage
    28. Which symbol represents the Dharma Chakra in the National Flag of India?
    a) Navy-blue wheel
    b) Saffron color
    c) Green color
    d) White band
    Answer: a. Navy-blue wheel
    29. Who composed the National Anthem of India, Jana-gana-mana?
    a) Bankimchandra Chatterji
    b) Rabindranath Tagore
    c) Ashoka
    d) Dr. Rajendra Prasad
    Answer: b. Rabindranath Tagore
    30. How many stanzas does the complete version of the National Anthem have, and what is its approximate playing time?
    a) Three stanzas, approximately 45 seconds
    b) Five stanzas, approximately 52 seconds
    c) Two stanzas, approximately 30 seconds
    d) Four stanzas, approximately 50 seconds
    Answer: b. Five stanzas, approximately 52 seconds
    31. Which song has an equal status with Jana-gana-mana and was honored by Dr. Rajendra Prasad in the Constituent Assembly?
    a) Vande Mataram
    b) Sare Jahan Se Achha
    c) Saare Jahaan Se Achha
    d) Vande Bharat
    Answer: a. Vande Mataram
    32. What does the State Emblem of India adapt from the Sarnath Lion Capital of Ashoka?
    a) Elephant
    b) Tiger
    c) Four lions
    d) Peacock
    Answer: c. Four lions
    33. Which bird is the National Bird of India?
    a) Crow
    b) Pigeon
    c) Indian Peacock
    d) Eagle
    Answer: c. Indian Peacock
    34. What is the male Indian Peacock known for during courtship?
    a) Displaying blue breast and neck
    b) Building nests
    c) Flying high in the sky
    d) Hiding in the grass
    Answer: a. Displaying blue breast and neck
    35. Why is the tiger chosen as the National Animal of India?
    a) Colorful appearance
    b) Grace and agility
    c) Thick yellow coat with dark stripes
    d) Long, slender neck
    Answer: c. Thick yellow coat with dark stripes
    36. Who is slated to assume the position of Vice Chief of Naval Staff on January 4?
    a) Vice Admiral SJ Singh
    b) Vice Admiral Srinivas
    c) Vice Admiral Sandeep Naithis
    d) Vice Admiral Dinesh Tripathi
    Answer: d. Vice Admiral Dinesh Tripathi
    37. What is Vice Admiral Tripathi's main responsibility as the incoming Vice Chief?
    a) Commanding the Western Naval Command
    b) Overseeing the modernization efforts of the Indian Navy
    c) Leading the Southern Naval Command
    d) Acquiring new fighter jets
    Answer: b. Overseeing the modernization efforts of the Indian Navy
    38. What critical acquisitions is the Indian Navy currently undergoing?
    a) Acquiring F-35 Lightning II
    b) Procuring Apache attack helicopters
    c) Acquiring MQ-9B Predator drones and Rafale fighter jets
    d) Upgrading naval infrastructure
    Answer: c. Acquiring MQ-9B Predator drones and Rafale fighter jets
    39. Where is Vice Admiral SJ Singh moving after leaving the Vice Chief’s office?
    a) Southern Naval Command
    b) Eastern Naval Command
    c) Western Naval Command
    d) Northern Naval Command
    Answer: c. Western Naval Command
    40. What is Monetary Policy?
    a) Management of tax revenues and expenditures
    b) Regulation of the money supply and interest rates
    c) Management of capital expenditure
    d) Regulation of exchange rates
    Answer: b. Regulation of the money supply and interest rates
    41. Who is responsible for implementing Monetary Policy?
    a) Ministry of Finance
    b) Central Bank
    c) Treasury Department
    d) Economic Planning Commission
    Answer: b. Central Bank
    42. What does Fiscal Policy entail?
    a) Regulation of interest rates
    b) Management of tax revenues and expenditures
    c) Regulation of inflation
    d) Control of money supply
    Answer: b. Management of tax revenues and expenditures
    43. Who oversees Fiscal Policy?
    a) Central Bank
    b) Ministry of Finance
    c) Treasury Department
    d) Economic Planning Commission
    Answer: b. Ministry of Finance
    44. How does Monetary Policy impact the economy?
    a) Regulating tax policies
    b) Influencing budget deficit
    c) Regulating interest rates and money supply
    d) Managing government expenditures
    Answer: c. Regulating interest rates and money supply
    45. What is the focus of Fiscal Policy?
    a) Inflation control
    b) Regulation of interest rates
    c) Economic growth and stability
    d) Exchange rate management
    Answer: c. Economic growth and stability
    46. Can you explain the difference in targets between Monetary and Fiscal Policy?
    a) Both target inflation control
    b) Fiscal policy targets inflation, monetary policy does not have a specific target
    c) Monetary policy targets economic growth
    d) Neither has a specific target
    Answer: b. Fiscal policy targets inflation, monetary policy does not have a specific target
    47. How do Monetary and Fiscal Policies differ in their impact on exchange rates?
    a) Both directly impact exchange rates
    b) Fiscal policy improves exchange rates
    c) Monetary policy has no impact on exchange rates
    d) Fiscal policy generally has no direct impact on exchange rates
    Answer: d. Fiscal policy generally has no direct impact on exchange rates
    48. What is the role of the Central Bank in implementing Monetary Policy?
    a) Managing tax policies
    b) Regulating inflation
    c) Controlling money supply
    d) Implementing fiscal measures
    Answer: c. Controlling money supply
    49. How does Fiscal Policy affect the budget of a country?
    a) By regulating interest rates
    b) By influencing budget deficit or surplus
    c) By controlling inflation
    d) By managing capital expenditure
    Answer: b. By influencing budget deficit or surplus
    50. Who is set to address the second edition of the Infinity Forum on December 9, 2023?
    a) Chief Minister Bhupendra Patel
    b) Minister Ashwini Vaishnaw
    c) Prime Minister Narendra Modi
    d) Union Minister Piyush Goyal
    Answer: c. Prime Minister Narendra Modi
    51. What was a key highlight of the first edition of the Infinity Forum held in 2021?
    a) Global Investor Summit
    b) FinTech Showcase
    c) Technology Exhibition
    d) Regulatory Roundtable
    Answer: b. FinTech Showcase
    52. What is the central theme of the 2nd edition of the Infinity Forum?
    a) Global Financial Resilience
    b) Digital Transformation in Banking
    c) ‘GIFT-IFSC: Nerve Centre for New Age Global Financial Services’
    d) Sustainable Investment Strategies
    Answer: c. ‘GIFT-IFSC: Nerve Centre for New Age Global Financial Services’
    53. How is the second edition of the Infinity Forum organized in terms of format?
    a) In-person only
    b) Virtual only
    c) Hybrid, with in-person and virtual participation
    d) Regional events in multiple countries
    Answer: c. Hybrid, with in-person and virtual participation
    54. What is the theme explored through the track 'Innovation and Technology' in the Infinity Forum 2.0?
    a) Global Financial Resilience
    b) Digital Transformation in Banking
    c) Sustainable Investment Strategies
    d) Cutting-edge technologies driving the financial landscape
    Answer: d. Cutting-edge technologies driving the financial landscape
    55. When is the "Investors Meet" preceding the Infinity Forum 2.0 scheduled?
    a) December 9, 2023
    b) December 8, 2023
    c) December 10, 2023
    d) December 7, 2023
    Answer: b. December 8, 2023
    56. What is the anticipated in-person participation at the Infinity Forum 2.0?
    a) 500 CXOs
    b) 200 CXOs
    c) 300 CXOs
    d) 100 CXOs
    Answer: c. 300 CXOs
    57. Which of the following is one of the tracks through which the forum will explore its central theme?
    a) Regional Integration
    b) Technology Disruptions
    c) Innovation and Technology
    d) Market Trends and Analysis
    Answer: c. Innovation and Technology
    58. What is the key outcome of the RBI Monetary Policy Committee meeting in December 2023?
    a) Repo rate increased by 25 bps
    b) Repo rate reduced by 25 bps
    c) Repo rate remains unchanged at 6.5%
    d) Repo rate adjusted quarterly
    Answer: c. Repo rate remains unchanged at 6.5%
    59. What is the projected GDP growth for the fiscal year 2023-24 according to the RBI MPC?
    a) 6%
    b) 7%
    c) 8%
    d) 5%
    Answer: b. 7%
    60. What is the RBI's stance on liquidity measures in response to evolving market dynamics?
    a) Restricting liquidity facilities
    b) Allowing reversal of liquidity facilities on weekends and holidays
    c) Reducing UPI limits
    d) Maintaining a neutral stance
    Answer: b. Allowing reversal of liquidity facilities on weekends and holidays
    61. What is the proposed increase in the UPI limit for hospitals and educational institutions according to the RBI?
    a) Rs 50,000
    b) Rs 1 lakh
    c) Rs 2 lakh
    d) Rs 5 lakh
    Answer: d. Rs 5 lakh
    62. When is the fintech repository, proposed by the RBI, set to be operationalized?
    a) December 2023
    b) February 2024
    c) April 2024 or earlier
    d) June 2024
    Answer: c. April 2024 or earlier
    63. What is the objective of establishing a regulatory framework for web aggregation of loan products by the RBI?
    a) Restrict digital lending
    b) Promote customer-centricity and transparency
    c) Reduce interest rates
    d) Increase loan limits
    Answer: b. Promote customer-centricity and transparency
    64. What is the projected CPI inflation for the full fiscal year 2023-24 according to the RBI MPC?
    a) 4%
    b) 5%
    c) 6%
    d) 7%
    Answer: b. 5.4%
    65. What is the Cash Reserve Ratio (CRR) according to the RBI MPC December 2023?
    a) 3.50%
    b) 4.00%
    c) 4.25%
    d) 4.50%
    Answer: d. 4.50%
    66. What is the Standing Deposit Facility Rate according to the RBI MPC December 2023?
    a) 6.00%
    b) 6.25%
    c) 6.50%
    d) 6.75%
    Answer: b. 6.25%
    67. According to the RBI MPC, what is the projected GDP growth for the fiscal year 2023-24?
    a) 6%
    b) 7%
    c) 8%
    d) 5%
    Answer: b. 7%
    68. Who was honored with the National Award for 'Best Personality- Empowerment of Differently-abled'?
    a) Draupadi Murmu
    b) Prashant Agrawal
    c) Rajasthan government
    d) Narayan Seva Sansthan
    Answer: b. Prashant Agrawal
    69. What is one of Prashant Agrawal's instrumental roles mentioned in the information?
    a) Conducting surgeries
    b) Providing mass marriages
    c) Establishing residential schools
    d) Organizing national-level competitions
    Answer: c. Establishing residential schools for differently-abled individuals
    70. In which year did the Rajasthan government honor Prashant Agrawal, and with what award?
    a) 2015, Best Humanitarian Award
    b) 2017, Best Social Worker Award
    c) 2018, Outstanding Philanthropist Award
    d) 2016, Excellence in Disability Empowerment
    Answer: b. 2017, Best Social Worker Award

70 MCQ on daily current affairs for social work students (8th December 2023)

70 MCQ on daily current affairs for social work students (8th December 2023)

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