UPSC Current Affairs Quiz 18/03/2021

Consider the following statements with respect to National Policy on Biofuels-2018:

1) It allows use of sugarcane, corn , cassava for ethanol production.

2) It allows only use of damaged food grains like wheat, broken rice, rotten potatoes, unfit for human consumption for ethanol production.

Which of the above statements are correct?

A member nominated to the House of Parliament faces disqualification under the Tenth Schedule if:

1) He is a member of any political party on the date of his nomination and does not resign from party within six months of such nomination.

2) He joins any political party after the expiry of six months from the date on which he takes his seat in Parliament.

Which of the statements given above is/are correct?

Sometimes LIBOR is seen in news, so consider the following statement

1) It is a benchmark interest rate at which major global banks lend to one another in the international interbank market for long-term loans.

2) London Interbank Offered Rate (LIBOR) will no longer work as the benchmark after December 2021.

Which of the above statements is/are correct.

Consider the following statement about the Rule Curve in a Dam, recently seen in the news.

1) It is related to the core safety mechanism in a dam.

2) It is related to the amount of water to be released from the reservoir.

3) It specifies the storage or empty space to be maintained in a reservoir during different times of the years.

Select the correct statement using the code given below?

Consider the following statements regarding Appropriation Bill 2021-22:

1)   It allows the Central government to draw funds from the Consolidated Fund of India.

2)   The Bill was passed after the Speaker of Lok Sabha put it through guillotine.

3)   Appropriation bills are not classified as money bills.

Which of the above statements is/are correct?