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Daily-mcqs 04 Oct 2024

Current Affairs MCQs for UPSC & State PSC Exams 04 Oct 2024

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Current Affairs MCQs for UPSC & State PSC Exams

Q1:

Consider the following statements with reference to AB PM-JAY.

  1. AB PM-JAY is India's flagship national health insurance scheme on September 23, 2018.
  2. It aims to provide a health cover of ₹5 lakh per family per year for secondary and tertiary care hospitalization to over 12 crore poor and vulnerable families.
  3. It covers up to Covers up to 5 days of pre-hospitalization and 15 days post-hospitalization expenses

How many statements is/ are correct?

A: Only 1

B: Only 2

C: All statements

D: None

Answer: B

Explanation:

Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) is India's flagship national health insurance scheme, launched by Prime Minister Narendra Modi on September 23, 2018. Thus statement 1 is correct.


 It aims to provide a health cover of ₹5 lakh per family per year for secondary and tertiary care hospitalization to over 12 crore poor and vulnerable families, approximately 55 crore beneficiaries, forming the bottom 40% of the Indian population. Thus statement 2 is correct.


It Covers up to 3 days of pre-hospitalization and 15 days post-hospitalization expenses. Thus statement 3 is incorrect.


                            

Q2:

Consider the following statements:

  1. Recently, The Central Drugs Standard Control Organization has become an affiliate member of the International Medical Device Regulators Forum (IMDRF).
  2. IMDRF was established in 2011, and collaborated with global medical device regulators.

Which of the above statements is/ are correct?

A: Only 1

B: Only 2

C: Both

D: All of the above

Answer: C

Explanation:

Recently, The Central Drugs Standard Control Organization, under the Ministry of Health and Family Welfare, has become an affiliate member of the International Medical Device Regulators Forum (IMDRF). Thus statement 1 is correct.


IMDRF was established in 2011, is a collaborative group of global medical device regulators. Members include regulatory authorities from the U.S., Australia, Canada, EU, Japan, UK, Brazil, Russia, China, South Korea, Singapore, and WHO. Thus statement 2 is correct.


                            

Q3:

Consider the following statements

  1. Recently, SEBI have introduced six new measures to strengthen the Futures and Options (F&O) trading.
  2. The minimum size has been raised from Rs 5 lakh to Rs 25 lakh Futures and Options contract.
  3. A futures contract is a binding agreement between a buyer and a seller to buy or sell an asset at a predetermined price on a specified future date.
  4. An option contract grants an investor the right, but not the obligation, to buy or sell a commodity at a specified price on a specified future date.

Which of the above statements is/ are correct?

A: Only 1, 3 and 4

B: Only 1 and 3

C: Only 2, 3 and 4

D: All of the above

Answer: A

Explanation:

Recently, The Securities and Exchange Board of India (SEBI) have recently introduced six new measures to strengthen the equity index derivatives framework, also known as Futures and Options (F&O). Thus statement1 is correct


The minimum contract size has been raised from Rs 5 lakh to Rs 15 lakh to discourage retail investors from participating in the index derivatives market. Thus statement 2 is incorrect


A futures contract is a binding agreement between a buyer and a seller to buy or sell an asset at a predetermined price on a specified future date. The buyer is obligated to purchase, and the seller is obligated to sell the underlying asset at the agreed-upon price, regardless of the current market price at the expiration date. Thus statement 3 is correct.


An option contract grants an investor the right, but not the obligation, to buy or sell a commodity at a specified price on a specified future date. Unlike futures, options do not impose a mandatory obligation to execute the transaction; the investor can choose whether to exercise the option. Thus statement 4 is correct.


                            

Q4:

Consider the following statements with reference to Dharti Aaba Janjatiya Gram Utkarsh Abhiyan:

  1. Recently, Prime Minister Narendra Modi launched the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan in Ranchi, Jharkhand.
  2. The scheme has total outlay of 60, 000 crore.
  3. It aims to benefit over 5 crore tribal people in 549 districts across 30 states and Union Territories, integrating 25 interventions from 16 ministries.

How many statements is/ are correct?

A: Only 1

B: Only 2

C: All statements

D: None

Answer: D

Explanation:

On October 2, 2024, Prime Minister Narendra Modi launched the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan in Hazaribag, Jharkhand. Thus statement 1 is incorrect


The scheme has a budget of  ₹79,150 crore, this program addresses critical gaps in social infrastructure, health, education, and livelihood across approximately 63,000 tribal villages. Thus statement 2 is incorrect


It aims to benefit over 5 crore tribal people in 549 districts across 30 states and Union Territories, integrating 25 interventions from 17 ministries. Thus statement 3 is incorrect


                            

Q5:

Consider the following statements:

  1. Recently, Kho-Kho Federation of India (KKFI) has announced that India will host the first-ever Kho-Kho World Cup in 2025.
  2. The tournament will feature 10 men's and10 women's teams from 24 countries across 6 continents.

Which of the above statements is/ are correct?

A: Only 1

B: Only2

C: Both

D: None of the above

Answer: A

Explanation:

The Kho-Kho Federation of India (KKFI) has announced that India will host the first-ever Kho-Kho World Cup in 2025, in partnership with the International Kho-Kho Federation. Thus statement 1 is correct.


The tournament will feature 16 men's and 16 women's teams from 24 countries across 6 continents. Thus statement 2 is incorrect.