EDEN IAS

Daily MCQ UPSC Current Affairs

Daily MCQs for UPSC Current Affairs | 24TH NOVEMBER 2022

Question 21: Consider the following statements:

  1. RBI Act empowered the Reserve Bank to introduce the Standing deposit facility.
  2. It is a tool for absorbing liquidity without any collateral.
  3. The SDF (Standing deposit facility) will be available on all days of the week, throughout the year unlike the marginal standing facility (MSF).

Which of the following statements is/are true?

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

Correct Answer: A

Explanation

Standing deposit facility:

  • In 2018, the amended Section 17 of the RBI Act empowered the Reserve Bank to introduce the SDF – an additional tool for absorbing liquidity without any collateral.
  • By removing the binding collateral constraint on the RBI, the SDF strengthens the operating framework of monetary The SDF is also a financial stability tool in addition to its role in liquidity management.
  • The main purpose of SDF is to reduce the excess liquidity in the system, and control inflation.
  • Both the standing facilities — the MSF (marginal standing facility) and the SDF will be available on all days of the week, throughout the year.

Question 22: Consider the following statements:

  1. Asteroids that are further away from the Sun are easier to detect.
  2. Scientists have so far discovered more than 100 asteroids with their orbits within Earth’s orbit.

Which of the following statements is/are true?

  1. 1 only
  2. 2 only
  3. 1 and 2 only
  4. Neither 1 nor 2

Correct Answer: A

Explanation

  • Scientists have so far discovered only around 25 asteroids with their orbits within Earth’s orbit.
  • Of these, Sheppard’s team has now discovered three. “We have found two large near-Earth asteroids that are about 1 kilometer across, a size that we call planet killers,” Sheppard said, speaking about two of the three discovered asteroids. The two — 2021 LJ4 and 2021 PH27 — have orbits that are safely constrained inside the limits of Earth’s orbit. At less than a kilometer in diameter, 2021 LJ4 is the smallest in size. 
  • The asteroid, 2021 PH27, is the closest known asteroid to the Sun. Due to this, its surface gets hot enough to melt lead. 
  • Apart from dealing with the glare of the Sun, the astronomers also had to tackle another major issue — since the asteroids are close to the horizon, they are blurred and distorted by the Earth’s atmosphere. 
  • Asteroids that are further away from the Sun are easier to detect.

Question 23: Consider the following statements:

  1. Article 153 of the Constitution says the Governor will normally be aided and advised by the Council of Ministers except in those functions which require his discretion.
  2. The Governor enjoys certain powers granted under the Constitution, such as giving or withholding assent to a Bill passed by the state legislature, determining the time needed for a party to prove its majority, and which party must be called first do so, generally after a hung verdict in an election.

Which of the following statements is/are true?

  1. 1 only
  2. 2 only
  3. 1 and 2 only
  4. Neither 1 nor 2

Correct Answer: B

Explanation

  • Although envisaged as an apolitical head who must act on the advice of the council of ministers, the Governor enjoys certain powers granted under the Constitution, such as giving or withholding assent to a Bill passed by the state legislature, assenting to the convening of the state legislative assembly, determining the time needed for a party to prove its majority, and which party must be called first do so, generally after a hung verdict in an election.
  • All these powers have been flashpoints recently — to cite two instances, when the Maharashtra Governor had Devendra Fadnavis sworn in as the chief minister in 2019 amid a hung verdict, only for his government to fall in 80 hours; and when the Punjab Governor in September refused to allow a special session of the Assembly for a vote of confidence in the AAP government.
  • Article 163 of the Constitution says the Governor will normally be aided and advised by the Council of Ministers except in those functions which require his discretion.

Question 24: Consider the following statements:

  1. The Bharat Stage emission standards are standards instituted by the government to regulate the output of air pollutants from motor vehicles from internal combustion engine equipment.
  2. India has been following European (Euro) emission norms, although with a time lag of five years.
  3. The BS IV norms had been enforced across the country since April 2017.

Which of the following statements is/are true?

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

Correct Answer: D

Explanation

  • The Bharat Stage emission standards are standards instituted by the government to regulate the output of air pollutants from motor vehicles from internal combustion engine equipment, including motor vehicles.
  • India has been following European (Euro) emission norms, although with a time lag of five years.
  • The BS IV norms had been enforced across the country since April 2017.
  • In 2016, the Centre had announced that the country would skip the BS-V norms altogether and adopt BS-VI norms by 2020.
  • Implementation of the intermediate BS-V standard was originally scheduled for 2019.

Question 25: Consider the following statements:

  1. The BS-VI fuel is estimated to bring around an 80 per cent reduction of Sulphur.
  2. The main difference in standards between the existing BS-IV and the new BS-VI auto fuel norms is the presence of Sulphur.

Which of the following statements is/are true?

  1. 1 only
  2. 2 only
  3. 1 and 2 only
  4. Neither 1 nor 2

Correct Answer: C

Explanation

  • The main difference in standards between the existing BS-IV and the new BS-VI auto fuel norms is the presence of Sulphur.
  • The BS-VI fuel is estimated to bring around an 80 per cent reduction of Sulphur, from 50 parts per million to 10 ppm.
  • According to analysts, the emission of NOx (nitrogen oxides) from diesel cars is also expected to come down by nearly 70 per cent and 25 per cent from cars with petrol engines.
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