30 Days Revision Module Day 22 - August 2021 Current Affairs (UPSC Prelims 2021)

1) The Reserve Bank of India (RBI) constituted an Expert Committee on Primary Urban Co-operative Banks (UCBs) under the chairmanship of N S Vishwanathan. The committee has released its report recently. Which of the following is not one among its recommendations?

2) Consider the following statements about Children's Climate Risk Index

1. It is released by German Watch and UNEP.
2. According to it, India is placed at extremely high risk countries with flooding and drought being the repeated environment shocks.
3. Nepal, Bhutan and Sri Lanka ranked better than India.

Which of the statements given above are correct?

3) In the light of recent controversy over telephonic interceptions in Pegasus issue, the government has recently informed the parliament about the competent authority to approve legal telephonic interception under Indian Telegraph Act, 1885 and IT Act, 2000. Which of the following authorities is entrusted with such powers in case of Central Government?

4) Assertion (A): Polar Amplification is much stronger in the Arctic than in Antarctica.

Reason (R): The Arctic is an ocean covered by sea ice, while Antarctica is an elevated continent covered in more permanent ice and snow.

5) With reference to Greenland, consider the following statements:

1. It is the world’s largest island between the Arctic and Atlantic Oceans.
2. It has three-quarters of its surface covered with a permanent ice sheets.
3. Recently, for the 1st time on record, the summit of Greenland received rainfall and not snow.

Which of the statement(s) given above is/are correct?

6) With reference to EBITDA, consider the following statements:

1. It is a measure of a company's overall financial performance and in some circumstances can be used as an alternative to net income.
2. The measure includes interest, taxes and excludes depreciation and amortization.

Which of the statement(s) given above is/are correct?

7) Consider the following statements with respect to Controller General of Accounts (CGA)

1. The Office of Controller General of Accounts derives mandate from Article 150 of the Indian Constitution.
2. It works under the Department of Expenditure, Ministry of Finance.

Which of the statement(s) given above is/are correct?

8) Consider the following statements with respect to Central Bank Digital Currency

1. It is a form of fiat currency that is backed by the central bank and does not possess any intrinsic value.
2. India is the first country in the world to launch the Central Bank Digital Currency.

Which of the statement(s) given above is/are correct?

9) Consider the following statements with respective to Genetically Modified (GM) crops

1. India allows the import of GM soybean, where import of GM soya bean seeds has not been approved in India.
2. In India Bt cotton and DMH-11 mustard are only two GM crops that are allowed of commercial cultivation.

Which of the statement(s) given above is/are incorrect?

10) Consider the following statements about Enumeration of National Minimum Wages

1. The Expert Committee on determining the Methodology for Fixing the National Minimum Wages fixed the minimum wages equivalent to National Commission for Rural Labour Recommendations.
2. The committee expanded the units of consumption per household and included “City Compensation allowance” for urban workers.

Which of the statement(s) given above is/are correct?