Current Affairs MCQ for UPSC Exams - 20 August 2018

Q1.

1) The objective of prompt corrective action framework (PCA) is to facilitate banks to take corrective measures including those prescribed by RBI, in timely manner to restore their financial health.
2) PCA framework is invoked on banks when they breach any of three key regulatory trigger points (or thresholds). They are capital to risk weighted assets(CRAR),net non-performing assets (NPA) and Return on Assets (RoA).

Which of the above statements regarding RBI’s PCA framework are true ?

A) 1 only
B) 2 only
C) Both are true
D) None of the above

Q2. The national disaster management authority(NDMA) is chaired by :

A) The president of India
B) The prime minister of India
C) The cabinet secretary
D) The home minister

Q3. Consider the following statements regarding 4D printing technology :

1) It uses the same techniques of 3D printing through computer-programmed deposition of material in successive layers to create a three-dimensional object. However, 4D printing adds the dimension of transformation over time.
2) 4D printed facades would offer simplicity of installation and direct actuation caused by weather conditions, eliminating any need for a larger controlling system or input energy.
3) It is also used for making biomedical resins.

A) 1 & 2only
B) 2 & 3only
C) 1 & 3 only
D) All of the above

Q4. Which of the following statements regarding world customs organisation (WCO) are true?

1) The WCO is internationally acknowledged as the global centre of customs expertise and plays a leading role in the discussion, development, promotion and implementation of modern customs systems and procedures.
2) India is an active member of the organisation
3) it is headquartered in Geneva,Switzerland

A) 1 & 2 only
B) 2 & 3only
C) 1 & 3 only
D) All of the above