Current Affairs Quiz , 05 Jul 2019

1) Minimum Support Price (MSP) is recommended by

a) Cabinet Committee of Economic Affairs
b) Commission for Agricultural Costs and Prices (CACP)
c) Ministry of Finance
d) None of the above

Answer: b
• Cabinet Committee of Economic Affairs announces MSP for various crops at the beginning of each sowing season
• It is based on the recommendations of the Commission for Agricultural Costs and Prices (CACP)

2) Inner Line Permit is required not in the case of

a) Arunachal Pradesh
b) Mizoram
c) Nagaland
d) None of the above

Answer: d
• All the three options require inner line permit.
• It is an official travel document to allow inward travel of an ‘Citizens of India’ into a protected area for a limited period.

3) Core Investment Companies (CICs) are non-banking financial companies with asset size of

a) ₹500 crore and above
b) ₹100 crore and above
c) ₹1000 crore and above
d) None of the above

Answer: b
• They are non-banking financial companies with asset size of ₹100 crore and above.

4) Vallamkali owe their origins as far back as the 13th century. Which among the following state conducts it yearly?

a) Kerala
b) Maharashtra
c) Goa
d) Tamil Nadu

Answer: a
• The Champions Boat League (CBL) has been conceived by tourism officials in Kerala on the model of the Indian Premier League (IPL) to transform the state’s legendary and historically-significant ‘vallamkali’ (snake boat races) into a world-class sporting event.

5) Which among the following is not one of the criteria to give classical language status?

a) High antiquity
b) Distinct from modern literature
c) Not borrowed from another speech community
d) None of the above

Answer: d
• The criteria adopted by the government to determine the eligibility of a language for classical status includes its recorded history over a period of 1500-2000 years, body of ancient literature, whether its literary tradition is original and not borrowed from another speech community and other yardsticks.