UPSC Current Affairs Quiz 21/04/2021

Consider the following statements regarding glacial lake outburst floods (GLOF):

1) It occurs when a natural dam containing a glacial lake bursts.

2) It can also occur when the lake's level suddenly increases and overflows its banks.

3) Rising temperatures and extreme precipitation can make a region prone to devastating glacial lake outburst floods (GLOFs).

Which of the above statements is/are correct?

Consider the following statements regarding ‘Ingenuity Mission’:

1) It is the first helicopter to fly on Mars by NASA

2) Its mission is to search for signs of ancient life and collecting samples of rock and sediment.

Which of the above statements is/are correct?

Consider the following statements regarding ‘Transport Bubbles’:

1) It is a temporary arrangement between two countries aimed at restarting commercial passenger services in the wake of COVID-19 pandemic.

2) India has currently created transport bubbles only with USA, France and Germany.

Which of the above statements is/are incorrect?

Consider the following statements regarding Startup India Seed Fund Scheme (SISFS):

1) It aims to provide financial assistance to start-ups for proof of concept, prototype development, product trials, market entry and commercialisation.

2) Grants of up to Rs. 10 crores shall be provided to eligible incubators selected by an expert committee.

3) It is an initiative of ministry of Micro, Small and Medium Enterprises (MSMEs).

Which of the above statements is/are correct?

Consider the following statements regarding asset reconstruction companies (ARCs):

1) It is a company which buys the bad loans (Non-Performing Assets) of banks or any other financial institution, to let them clear their books and resume lending.

2) The Asset Reconstruction Companies are registered under the SEBI.

3) Asset Reconstruction Companies (ARCs) are also known as Bad Banks.

Which of the above statements is/are correct?