UPSC Current Affairs Quiz: April 22, 2025
April 22, 2025 April 22, 2025
1. Consider the following components of Marginal Cost of Funds-Based Lending Rate (MCLR):
- Marginal cost of funds
- Cash reserve ratio (CRR) requirement impact
- Operating costs
- Tenor premium
Which of the above statements is / are correct components of MCLR?
[A] Only 1 and 3
[B] 1, 2 and 3 only
[C] 2, 3 and 4 only
[D] 1, 2, 3 and 4
Show Answer
Correct Answer: D [1, 2, 3 and 4]
Notes:MCLR stands for Marginal Cost of Funds-based Lending Rate. The four essential components of MCLR include:
- Marginal cost of funds
- Negative carry on account of Cash Reserve Ratio (CRR)
- Operating costs
- Tenor premium
All four components are correctly mentioned in the options.
2. Consider the following agri-related items:
- Apple
- Cherry
- Whisky
- Rice
Which of these has the US requested India to allow at concessional or zero duty under the Bilateral Trade Agreement?
[A] 1, 2 and 4 only
[B] 1, 2 and 3 only
[C] 1 and 4 only
[D] 2, 3 and 4 only
Show Answer
Correct Answer: B [1, 2 and 3 only]
Notes:
The US has pushed for concessional duty access from India for items listed as 1, 2 and 3 – apple, cherry, and whisky. Rice is not among the items requested, hence option 1, 3 and 4 are incorrect.
3. Consider the following legal principles for invoking Sections 271 or 272 of the Bharatiya Nyay Sanhita (BNS):
- The act must involve the risk of spreading a disease dangerous to life.
- The accused must have knowledge or reason to believe that their act could spread the disease.
- It applies even when the infection involved is non-lethal.
Which of the above legal principles must be satisfied to invoke the mentioned sections?
[A] Only 1 and 2
[B] Only 2 and 3
[C] Only 1 and 3
[D] All the three principles
Show Answer
Correct Answer: A [Only 1 and 2]
Notes:For invoking Sections 271 or 272 of the BNS, the prosecution must show the following:
- The disease involved in the act is dangerous to life, excluding non-lethal ones. This confirms statement 1 and refutes statement 3.
- The accused had knowledge or reason to believe that their act could spread the disease, which confirms statement 2.
Thus, Only 1 and 2 are correct, making option 1 the correct answer.
4. Consider the following actions that are aimed at mitigating climate change:
- Restoration of wetlands
- Afforestation and reforestation
- Construction of large hydroelectric dams
- Agroforestry practices
Which of the above actions can be classified as nature-based solutions (NbS) to climate change?
[A] 1, 2 and 4 only
[B] 2, 3 and 4 only
[C] 1 and 3 only
[D] 1, 2, 3 and 4
Show Answer
Correct Answer: A [1, 2 and 4 only]
Notes:
Hydroelectric dams are not considered a nature-based solution to climate change as they often have negative ecological and social impacts. On the other hand, the restoration of wetlands, afforestation, reforestation, and agroforestry practices are all nature-based solutions as they focus on ecosystem-based climate mitigation.
5. With reference to carbon rights, consider the following:
- Carbon rights determine who can access and benefit from carbon stored in ecosystems like forests and wetlands.
- Carbon rights are universally recognized under the United Nations Framework Convention on Climate Change (UNFCCC).
- Carbon rights can influence participation in climate mitigation strategies such as REDD+.
Which of the above statements is / are correct?
[A] 1 and 2 only
[B] 1 and 3 only
[C] 2 and 3 only
[D] 1, 2 and 3
Show Answer
Correct Answer: B [1 and 3 only]
Notes:
Statement 2 is incorrect. Carbon rights are not universally recognized under the UNFCCC; they depend on national legal frameworks. Therefore, options involving statement 2 are incorrect. Carbon rights indeed determine the beneficiary of stored carbon (Statement 1) and can influence the participation in REDD+ (Statement 3), making option 2 the correct answer.
The above questions are part of Daily UPSC 20 Current Affairs MCQs Series in GKToday Android Application. This series can be subscribed in the app only for user friendly test with detailed answers and explanations.
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