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10th June 2024 : Daily Current Affairs Practice Quiz

Question 1. Consider the following statements regarding the Council of Ministers:
1. The 42nd Amendment Act of 1976 added the provision that the total number of ministers excluding the Prime Minister shall not exceed 15% of the total strength of the Lok Sabha.
2. Every minister shall have the right to speak, take part and vote in the proceedings of either House of the parliament.
3. Article 75 states that the councils of ministers are collectively responsible to the Parliament.

How many of the above-given statements are correct?
A. One Only
B. Two Only
C. All three
D. None

Question 2. Consider the following statements regarding SAARC:
1. SAARC comprises 3% of the world’s area, 21% of the world’s population and 3.8% of the global economy.
2. All member states of SAARC are also members of the Shanghai Cooperation Organization (SCO).
3. SAARC has eight member states with Afghanistan as the newest member which formally joined in 2007.

How many of the above-given statements are correct?
A. One Only
B. Two Only
C. All three
D. None

Question 3. Consider the following statements regarding the Bretton Woods twins:
1. The International Monetary Fund (IMF) and the World Trade Organisation (WTO) are collectively known as the Bretton Woods twins.
2. The primary focus of the IMF is on long-term development projects, while the World Bank primarily provides short-term financial assistance.
3. All member countries of the United Nations are automatically members of the IMF.

How many of the above-given statements are correct?
A. One Only
B. Two Only
C. All three
D. None

Question 4. Consider the following statements regarding the International Monetary Fund (IMF) Special Drawing Rights (SDR) and quota system:
1. The SDR basket includes the US Dollar, Euro, Chinese Yuan, Japanese Yen, and Indian Rupee.
2. Members’ voting power is related directly to their quota.
3. GDP, openness, variability and reserves play important roles in deciding the quota of a member country.

How many of the above-given statements are correct?
A. One Only
B. Two Only
C. All three
D. None

Question 5. Recently seen in the news regarding ethnic conflicts between the kuki-zo and Meity tribes, Jiribham is located in the state of India.

A. Mizoram
B. Manipur
C. Meghalaya
D. Assam

For comprehensive answers and detailed explanations to these questions, please watch the video below: