June 21, 2021 - Daily Quiz
1. Build Back Better World is an initiative undertaken by
(a) World Bank
(b) World Economic Forum
(c) G20
(d) G7
2. Ujjawala scheme is being implemented by the
(a) Ministry of Petroleum and Natural Gas
(b) Ministry of Environment
(c) Ministry of Social Justice
(d) Ministry of Women and Child Development
3. Which of the following is/are correct w.r.t. "inflation tax"?
1. With the inflation tax, the government could increase prices either by increasing taxes on essential commodities or asking RBI to print more money.
2. Inflation tax is an indirect strategy for sustaining fiscal deficit.
(a) 1 & 2
(b) 1 only
(c) 2 only
(d) Neither 1 Nor 2
4. Consider the following Wholesale Price Index (WPI) and the Consumer Price Index (CPI),
- Increase in prices of manufactured products would have higher impact on WPI than CPI.
- Both CPI and WPI are published by National Statistical Office.
- Both WPI and CPI publish data on both the goods as well as services.
Which of the Statements given above is/are incorrect?.
(a) 1 and 2 only
(b) 1, 2 and 3
(c) 2 and 3 only
(d) 2 only
5. Consider the following pairs:
Operations/exercises Conducted by India against
- Exercise Brasstacks - Yemen
- Operation Falcon - China
- Operation Pawan - Sri Lanka
Which of the pairs given above is/are incorrect?.
(a) 1 only
(b) 2 and 3 only
(c) 3 only
(d) 1, 2 and 3
Answers
1-(d)
https://thediplomat.com/2021/06/b3w-building-an-alternative-to-the-bri-or-falling-into-the-same-trap/
2-(d)
https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1706001
3-(a)
https://www.newindianexpress.com/opinions/2021/mar/18/inflation-tax-and-the-burdenof-public-debt-2278150.html
4-(c)
https://www.livemint.com/money/personal-finance/all-you-need-to-know-about-cpi-wpi-inflation-and-how-they-are-measured-11597403365679.html
5-(a)
https://www.hindustantimes.com/india-news/from-operation-brasstacks-to-gaganshakti-a-test-of-indian-military-s-mettle/story-QF0gEpsgaQhv9fHQLHEf2H.html
https://www.orfonline.org/research/operation-falcon-when-general-sundarji-took-the-chinese-by-surprise/
https://indianairforce.nic.in/op-pawan
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