05-Jun-26: UPSC Current Affairs Daily Quiz With Answers

Ques:1

Which of the following statements are correct in respect of the composition of SEBI?

1. The Chairman of SEBI is appointed by the Central Government.
2. One member of SEBI is nominated by the Reserve Bank of India.
3. All members of SEBI are elected by shareholders of stock exchanges.

Select the answer using the code given below:

Ques:2

Consider the following statements:

Statement 1: Municipal Corporations are established in larger urban areas of India.

Statement 2: The Constitution provides for Municipal Corporations under Part IIIA relating to Urban Local Bodies.

Which one of the following is correct in respect of the above statements?

Ques:3

Consider the following statements:

Statement I: The Delhi High Court has jurisdiction over the National Capital Territory of Delhi.

Statement II: The Delhi High Court was established under Article 370 of the Constitution.

Statement III: The Delhi High Court is the oldest High Court in India.

Which one of the following is correct in respect of the above statements?

Ques:4

Consider the following with reference to New Collective Quantified Goal (NCQG):

1. The New Collective Quantified Goal (NCQG) is related to climate finance for developing countries.
2. The NCQG is intended to replace the earlier goal of mobilizing USD 100 billion annually.
3. The NCQG seeks to support developing countries in climate mitigation and adaptation efforts.

How many of the above is/are correct?

Ques:5

Which one of the following is not a target customer group of Small Finance Banks?

Ques:6

Which of the following organisations and groupings include Venezuela as a member?

1. Organization of the Petroleum Exporting Countries (OPEC)
2. Group of 77 (G-77)
3. Non-Aligned Movement (NAM)
4. BRICS
5. Community of Latin American and Caribbean States (CELAC)

Select the answer using the code given below:

Ques:7

With reference to the concept of the "Adaptation Economy", consider the following statements:

1. Climate adaptation includes investments in climate-resilient infrastructure, water management systems and early-warning technologies.
2. Adaptation measures are intended to replace climate mitigation efforts in the long run.
3. According to the Global Commission on Adaptation, investments in climate adaptation can generate substantial economic returns.

How many of the above statements are correct?

Ques:8

Consider the following statements regarding the Securities and Exchange Board of India (SEBI):

1. SEBI is empowered to issue interim orders to prohibit a listed company and its promoters from accessing the securities market pending an investigation.
2. The power to pass interim or ex-parte orders by SEBI is absolute and cannot be subjected to a prior or post-decisional personal hearing.
3. SEBI functions as a constitutional body under the provisions of Article 300A of the Constitution of India to regulate the capital market.

How many of the above statements are correct?

Ques:9

With reference to India–Nepal relations in the contemporary context, consider the following statements:

1. India remains Nepal’s largest trading partner.
2. The open border arrangement facilitates large-scale movement of people between the two countries.
3. India and Nepal have officially agreed to involve third-party mediation in resolving their boundary disputes.
4. Development diplomacy involving digital connectivity and infrastructure cooperation has emerged as an important dimension of bilateral relations.

How many of the above statements are correct?

Ques:10

With reference to the interface between the Insolvency and Bankruptcy Code (IBC), 2016 and Section 138 of the Negotiable Instruments (NI) Act, 1881, consider the following statements:

1. The declaration of a corporate insolvency moratorium under Section 14 of the IBC stays criminal proceedings for cheque bouncing under Section 138 of the NI Act against the corporate debtor entity.
2. The protection of an IBC moratorium extends to the individual directors and promoters of a defaulting company, shielding them from personal criminal prosecution under Section 138.
3. Proceedings under Section 138 of the NI Act are legally categorized as purely civil recovery proceedings due to their highly compensatory nature.

Select the answer using the code given below: