QUIZ , CURRENT AFFAIRS 1st Jan 2017

Q 1 . Consider the following statements about Pradhan Mantri Awas Yojana (Urban). It includes-

1 .  Promotion of Affordable Housing for weaker section through credit linked subsidy.

2 .It forbades Private sector participation in providing Affordable Housing

3 . Slum rehabilitation of Slum Dwellers.

Which among the above statements is/are correct ?

a . 1 & 2

b . 1 & 3

c . 2 & 3

d . 1 , 2 & 3

answer – b ( For explanation refer MICS CURRENT AFFAIRS dated 1 st Jan )

Q 2 . Consider the following statements about ‘Fiscal Deficit’

1 .It is the difference between total revenue and total expenditure of the government

2 . It is an indication of the total borrowings needed by the government.

3 . While calculating the total revenue, borrowings are included

Which among the above statements is/are correct ?

a . 1 & 2

b . 1 & 3

c . 2 & 3

d . 1 , 2 & 3

answer – a ( For explanation refer MICS CURRENT AFFAIRS dated 1 st Jan )

Q 3 .  Fiscal Deficit is usually financed through

1 . borrowing from  the central bank of the country

2 . raising money from capital markets by issuing different instruments like treasury bills and bonds.

Which among the above statements is/are correct ?

a . only 1

b . only 2

c . both

d . none

answer – c ( For explanation refer MICS CURRENT AFFAIRS dated 1 st Jan )

Q 4 . Consider the following statements about HRIDAY

1 . It was launched on 21 January 2015

2 . Its aim is to bring together urban planning, economic growth and heritage conservation in an inclusive manner .

3 . The Scheme is set to be implemented in 8 identified Cities

Which among the above statements is/are correct ?

a . 1 & 2

b . 1 & 3

c . 2 & 3

d . 1 , 2 & 3

answer – a ( For explanation refer MICS CURRENT AFFAIRS dated 1 st Jan )

Q 5 . Which among the following cities is not included in  HRIDAY Programme

a .   Badami

b .  Gaya

c .  Kanchipuram

d . Badrinath

answer – d ( For explanation refer MICS CURRENT AFFAIRS dated 1 st Jan )