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Weekly Current Affairs Quizzes: 18/10/2021 to 23/10/2021

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Q1. Consider the following statements regarding Nobel Prize:
1. This award is given in the name of Alfred Nobel, an American Scientist.
2. It is awarded in 10 distinguished fields like in the field of Physics, Chemistry, Biology, Maths, Medicine, Literature, Economy and in Peace.
3. The Swedish Nobel Committee decides the peace Nobel Prize.
Which of the above statements is/are correct?

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Q2. India adopted a 2% DST (digital services tax) in 2020. It applies_

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Q3. Which of the following indirect taxes is/are subsumed in GST?
1. Basic custom duty collected by the center.
2. Anti-dumping duty collected by the center.
3. Central Excise and VAT on petroleum products, alcohol, and real estate.
Select the correct answer using the codes given below:

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Q4. Cooperative banks in India are registered under_

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Q5. Which of the following items are comprised under priority sector lending?
1. Agriculture
2. Housing
3. Social infrastructure
4. Companies in losses
5. Higher studies abroad
6. Renewable energy
7. Weaker section
8. Small exporters
Which of the statements given above is/are correct?

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Q6. In the context of the NATGRID, consider the following statements:
1. NATGRID is a master database of various security agencies for counter-terrorism purposes.
2. It provides real-time information to short out crimes related to terrorism.
3. It can not store financial transaction records.
Which of the statements given above is/are correct?

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Q7. Consider the following statements regarding Commercial Papers:
1. These are short-term debt securities issued by Banks.
2. They are essentially unsecured in nature.
Which of the statements given above is/are correct?

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Q8. With reference to ‘Green Bonds’, consider the following statements:
1. Green Bonds are fixed-income financial instruments that have a positive environment and/or climate benefits.
2. In India, the first official Green Bond was released by the Yes Bank in 2015.
3. As of 2021, India has the second-largest emerging Green Bonds market after china.
Which of the statements given above is/are correct?

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Q9. Consider the following statements with reference to resolving stressed loan assets:
1. The NARCL will first purchase bad loans from banks and will pay 15% of the agreed price in cash.
2. 85% of the agreed price will be in the form of “Security receipts”.
3. If the bad bank is unable to sell the bad loan or incurs a loss, the government guarantee will be invoked.
Which of the statements given above is/are correct?

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Q10. Sirarakhong chilli and Tamenglong orange which recently received GI tag, belong to which of the following states?

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Q11. Consider the following statements with reference to “5G Mobile Network Technology:
1. At present, 5G technology is available only in the US, China and a few European countries.
2. 5G technology is meant to deliver higher multi-Gbps peak data speeds, ultra-high latency, more reliability and network-free zone capacity.
3. 5G wireless devices will connect to the Internet and telephone network by radio waves through a local antenna.
Which of the statements given above are incorrect?

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Q12. With reference to Land ports, consider the following statement:
1. Land port is also called a border station used for the import and export of goods.
2. Integrated check post-Petrapole is the largest land port in South Asia.
Which of the above statements is/are correct?