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 prices2. It is announced by Commission for Agricultural Costs and Prices (CACP)Which of the above statement/s are correct? Only 1 Only 2 Both 1 and 2 None of the above 2) Which of the following is incorrect about Jaipur? It features the world's largest stone sundial, and is a UNESCO World Heritage site. It is located near City Palace and Hawa Mahal. An astronomical instruments can be seen in Jaipur. It was built and developed by Delhi sultans and Mughals. 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? Only 1 Only 2 Both 1 and 2 None of the above 4) Which of the following is not objective of National Payments Corporation of India (NPCI) It is an umbrella organisation for operating retail payments and settlement systems in India. It is an initiative under Payment and Settlement Systems Act, 2007 It will act as prime lender to Non banking finance corporation It involves in Aadhaar Enabled Payment System, Bharat Bill Payment System etc 5) Which schedule of Indian constitution involves provisions related to Rajya Sabha Fourth schedule Seventh Schedule First schedule Tenth schedule 6) Consider the following statements about Marginal cost of fund-based lending rate1. It is the minimum interest rate that a bank can lend at. It is a tenor-linked internal benchmark2. 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? Only 1 Only 2 Both 1 and 2 None of the above 7) " Tiananmen Square " is associated with Hong Kong China United States of America Japan 8) Which of the following country is not a member of Indian Ocean Commission Mauritius Madagascar Comoros India 9) Gugamal National Park located in Maharashtra Telangana Andhra Pradesh Madhya Pradesh 10) Consider the following statements about PM Street Vendors Atmanirbhar Nidhi1. 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 IndiaWhich of the above statement/s are correct? Only 1 Only 2 Both 1 and 2 None of the above Time's up
