Judicial review allows courts to assess the constitutionality of legislative acts: This is correct. Judicial review empowers courts to invalidate laws that are found unconstitutional.
The principle of judicial review was established in the United States by the case Marbury v. Madison: This is correct. This landmark case in 1803 established the principle of judicial review in the U.S.
Judicial review is a practice limited only to the High courts and the Supreme Court of India: This is incorrect. Judicial review can be exercised by all levels of courts in India, not just the Supreme Court.
2. With reference to Gale warnings, which of the following statements is/are correct?
Gale warnings are issued only for tropical cyclones.
The term “gale” originates from the Old Norse word meaning to scream.
Select the correct option from the codes given below:
[A] Only 1 [B] Only 2 [C] Both 1 & 2 [D] Nor 1 nor 2
Gale warnings are not limited to tropical cyclones (Incorrect): They are issued for sustained winds of 34-47 knots, regardless of tropical systems.
The term “gale” originates from the Old Norse word gala (Correct): This reflects the loud, howling sound associated with strong winds, emphasizing the nature of gales.
3. Consider the following bays:
Hudson Bay
Baffin Bay
Bay of Bengal
Shark Bay
Which of the above bays is/are correctly listed in order from north to south?
The Kuiper Belt is a region beyond Neptune that contains many small icy bodies: This is correct. The Kuiper Belt is home to many known objects, including dwarf planets like Pluto.
Asteroids are primarily found in the Oort Cloud, which is located far beyond the Kuiper Belt: This is incorrect. Asteroids are mainly found in the Asteroid Belt between Mars and Jupiter, not the Oort Cloud.
Comets are made of ice, dust, and rock, originating from the Kuiper Belt and Oort Cloud: This is correct. Comets originate from both the Kuiper Belt and the Oort Cloud, and they release gas and dust when near the Sun.
The first asteroid discovered, Ceres, is classified as a dwarf planet: This is correct. Ceres was the first asteroid discovered and is now classified as a dwarf planet due to its size and shape.
5. With reference to the concept of monetary policy, consider the following statements:
Quantitative Easing involves the central bank buying government securities to increase the money supply.
The Taylor Rule is a formula central banks use to set interest rates based on economic conditions.
Negative interest rates mean depositors pay to keep their money in the bank, encouraging spending.
Quantitative Easing involves the central bank buying government securities to increase the money supply. This is correct. It aims to lower interest rates and stimulate economic activity.
The Taylor Rule is a formula central banks use to set interest rates based on economic conditions. This is correct. It considers factors like inflation and output gap for setting rates.
Negative interest rates mean depositors pay to keep their money in the bank, encouraging spending. This is correct. It encourages consumers to spend rather than save.
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. Download Now
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. Download Now
