FEBRUARY 2021 Current Affairs Best Revision Questions Q) Consider the following statements. a) Article 112 of the Indian Constitution refers to the annual financial statement which is a statement of the estimated receipts and expenditure of the government b) Annual Financial Statement is presented by the Union Finance Minister on 1st of February from the year 2016 Which of the above statements is/are correct? A. 1 only B. 2 only C. Both 1 and 2 D. Neither 1 nor 2 Ans - C Union Budget also called Annual Financial Statement is presented by the Union Finance Minister on 1st of February from the year 2016. It has the financial bill and the appropriation bill that is supposed to be passed in the Indian Parliament before April 1. According to Article 112 of the Indian Constitution, the Union Budget of a year, also referred to as the annual financial statement, is a statement of the estimated receipts and expenditure of the government for that particular year. Q) Consider the following statements: a) Fragile Little Andaman Island is in the Andaman and Nicobar group will be the financial district and medi city and will include an aerocity, and a tourism and hospital district. b) The ‘Sustainable Development of Little Andaman Island - Vision Document’, is the NITI Aayog’s proposal to leverage the strategic location and natural features of the island. Which of the above statements is/are correct? A. 1 only 1 TELEGRAM LINK: https://t.me/opdemy WEBSITE: www.opdemy.com B. 2 only C. Both 1 and 2 D. Neither 1 nor 2 Ans - C A plan for the sustainable and holistic development of the 680 sq km, fragile Little Andaman Island in the Andaman and Nicobar group has raised the alarm among conservationists. The ‘Sustainable Development of Little Andaman Island - Vision Document’, is the NITI Aayog’s proposal to leverage the strategic location and natural features of the island. This, the vision says, will be done by building a new greenfield coastal city there, that will be developed as a free trade zone and will compete with Singapore and Hong Kong. Q) With reference to the Indian Naval Fast Attack Craft (IN FAC) T-81, consider the following statements: a. The 25 meters long vessel with 60 tonnes displacement was built at Goa Shipyard Ltd in collaboration with M/s Ramta of Israel. b. She was commissioned into the Indian Navy in 2015. Which of the statements given above is/are correct? A. 1 only B. 2 only C. Both 1 and 2 D. Neither 1 nor 2 Ans - A Indian Naval Fast Attack Craft (IN FAC) T-81 of the Super Dvora MK II class, was decommissioned on 28 January 2021 at Naval Dockyard, Mumbai after having served the nation for more than 20 years. The 25 meters long vessel with 60 tonnes displacement was built at Goa Shipyard Ltd in collaboration with M/s Ramta of Israel. She was commissioned into the Indian Navy in 1999. The ship, specially designed for shallow waters, could achieve speeds up to 45 knots and had the capability of day/night surveillance and reconnaissance, Search & Rescue, beach insertion, extraction of Marine Commandoes and high-speed interception of intruder craft. Q) "ChupNaBaitho", a digital campaign to raise awareness about objectionable ads has been launched by which of the following? A. Censor Board of India B. Consumer Guidance Society of India C. Jago Grahak Jago D. Advertising Standards Council of India Ans - D To raise consumer awareness about objectionable advertisements, the Advertising Standards 2 TELEGRAM LINK: https://t.me/opdemy WEBSITE: www.opdemy.com Council of India (ASCI) is launching the #ChupNaBaitho, a call-to-action digital campaign. The campaign is one of several initiatives planned by ASCI, for this year, to create awareness about objectionable advertisements and encourage consumers to report such advertisements. Q) According to Brand Finance’s Global 500 ranking of the strongest brands globally, the Reliance Jio has a rank of - A. 4th B. 5th C. 6th D. 7th Ans - B Billionaire Mukesh Ambani’s four-year-old telecom venture Reliance Jio has been ranked the fifth strongest brand globally behind the likes of Ferrari and Coca-Cola. As per the ranking, Reliance Jio has emerged as the 5th strongest brand in the world. Reliance Jio has made its entry to the world’s strongest brands. Reliance has been ranked as the 5th strongest brand in the world. It has a Brand Strength Index (BSI) score of 91.7 out of 100. Q) Which of these statements regarding the Economic Survey is correct? a) The Economic Survey is prepared by a team led by the Finance Minister. b) The Economic Survey is tabled in the Lok Sabha by the Finance Minister. A. Only a B. Only b C. Both D. None Ans - B The Economic Survey is prepared by a team led by the Chief Economic Advisor. Union Finance Minister - Nirmala Sitharaman Chief Economic Advisor - K.V. Subramaniam Q) According to the Economic Survey of 2020-2021, the GDP growth in the Financial Year 22 will be - A. 7.7% B. 9.5% C. 12.1% D. 11% Ans - D The Economic Survey has predicted a GDP growth rate for FY22 will be 11%. The IMF has also predicted 11.5 % growth for the Indian Economy. 3 TELEGRAM LINK: https://t.me/opdemy WEBSITE: www.opdemy.com UPSC CSE PRELIMS 2021 CRASH COURSE DATE SUBJECT Budget and Economic 10/04/2021, 11/04/2021 Survey 12/04/2021, 13/04/2021 Art and Culture 14/0/2021, 15/04/2021, Economics 16/04/2021 17/18/2021,18/04/2021, Modern Indian History 19/04/2021 20/04/2021,21/04/2021, Geography 22/04/2021 23/04/2021,24/04/2021, Environment 25/04/2021 26/04/2021,27/04/2021, 28/04/2021,29/04/2021, Polity 30/04/2021 01/05/2021, 02/05/2021 Science and Tech *Note: Also, there will be Lectures on CSAT as and when time permits* PRICE: 1,999 For Any Queries: 7988797680, 7999136838, 6295118940 4 TELEGRAM LINK: https://t.me/opdemy WEBSITE: www.opdemy.com Q) Which country has become the only country in the current world to be led by women i.e. both the Prime Minister and the President are women? A. Finland B. Norway C. Estonia D. New Zealand Ans - C Prime Minister of Estonia - Kaja Kallas President of Estonia - Kersti Kaljulaid Capital - Tallinn Currency - Euro Estonia is a Baltic State and is a part of both; European Union and NATO. Q) Indian Army has received the first batch of Negev weapons from Israel as it seeks to boost the firepower. The Negev is a - A. Predator Drone B. Light Machine Gun C. Mobile SAM (Surface-to-Air Missile) System D. Carbine Ans - B Indian Army has received the first batch of Negev Light Machine Guns (LMG) from Israel as it seeks to boost the firepower of frontline troops. Last year, India’s Defence Ministry signed an Rs8.8bn ($120.57m) capital acquisition contract with Israel Weapons Industries to procure 16,479 LMGs under the Fast Track Procedure. In the first batch, 6,000 guns were delivered, while the remaining units are expected to be supplied by March. Q) With reference to the STARS project, consider the following statements: 1. It would be implemented as a new Central Sector Scheme under the Department of School Education and Literacy (DoSEL), Ministry of Education (MOE). 2. At the State level, the project will be implemented through the integrated State Implementation Society (SIS) for Samagra Shiksha. Which of the statements given above is/are correct? A. 1 only B. 2 only C. Both 1 and 2 5 TELEGRAM LINK: https://t.me/opdemy WEBSITE: www.opdemy.com D. Neither 1 nor 2 Ans - B Agreement for the financial support of the implementation of Strengthening Teaching-Learning and Results for States (STARS) project of Ministry of Education (MOE) was signed between Department of Economic Affairs (DEA) and World Bank along with Ministry of Education. Earlier Union Cabinet has approved the proposal of the STARS project in October 2020. The Program envisions improving the overall monitoring and measurement activities in the Indian school education system through interventions in 6 States viz Himachal Pradesh, Rajasthan, Maharashtra, Madhya Pradesh, Kerala, and Odisha. Q) Consider the following statements. a) The overall Budget outlay for ‘Health and Well-being is ₹2.23 lakh crore, marking a 137% rise over 2020-21. b) The Minister targeted a fiscal deficit of 6.8% of the GDP, Which of the above statements is/are correct? A. 1 only B. 2 only C. Both 1 and 2 D. Neither 1 nor 2 Ans - C The overall Budget outlay for ‘Health and Well-being’, she said, is ₹2.23 lakh crore, marking a 137% rise over 2020-21. Proposing a capital expenditure of ₹5.54 lakh crore in the year, 34.5% higher than 2020-21, the Minister targeted a fiscal deficit of 6.8% of the GDP, with gross market borrowings of about ₹12 lakh crore. Analysts said the Budget’s fiscal arithmetic was perhaps the most credible in recent years, but achieving disinvestment and non-tax revenue targets will be critical to meet the deficit target. Q) Consider the following statements: a) Myanmar’s military seized power in a coup against the democratically elected government b) Myanmar President Aung San Suu Kyi is a Nobel laureate, who was detained along with other leaders of her National League for Democracy (NLD) party. Which of the above statements is/are correct? A.