Sarat Chandra IAS Academy

Current Affairs 2nd June-2020

Welcome to your Current Affairs 2nd June-2020

1) Consider the following statements about Minimum Support Price (MSP)
1.It is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices
2. It is announced by Commission for Agricultural Costs and Prices (CACP)
Which of the above statement/s are correct?
2) Which of the following is incorrect about Jaipur?
3) Consider the following statements about Gross Domestic Product (GDP) and Gross Value Added (GVA)
1. GDP is the sum of a country’s GDP and net of subsidies and taxes in the economy.
2. GVA is the measure of economic activity in a country. It is the total value of a country’s annual output of goods and services.
Which of the above statement/s are incorrect?
4) Which of the following is not objective of National Payments Corporation of India (NPCI)
5) Which schedule of Indian constitution involves provisions related to Rajya Sabha
6) Consider the following statements about Marginal cost of fund-based lending rate
1. It is the minimum interest rate that a bank can lend at. It is a tenor-linked internal benchmark
2. The rate is determined internally by the bank depending on the period left for the repayment of a loan.
Which of the above statement/s are correct?
7) " Tiananmen Square " is associated with
8) Which of the following country is not a member of Indian Ocean Commission
9) Gugamal National Park located in
10) Consider the following statements about PM Street Vendors Atmanirbhar Nidhi
1. It is a credit facility scheme that will help more than 50 lakh urban and rural street vendors.
2. It is initiated by Reserve Bank of India
Which of the above statement/s are correct?

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