Daily Current Affairs DCAP No: 208

Reference CA Handout No. : 999

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Date of Current Affairs : 20-07-2022 Prelims Practice

1. The Sarnath Lion Capital of the Mauryan 5. With reference to inverted yield curve,
emperor Asoka was built in 250 BC to consider the following statements
commemorate 1. It occurs when short-term debt
(a) The last sermon of Buddha instruments have higher yields than
(b) An event where Buddha shared the long-term instruments.
“Four Noble Truths of life” 2. It indicates arrival of recession in an
(c) Enlightenment of Buddha economy
(d) Mahabhinishkramana Which of the above statements is/are
Issue: National Emblem correct?
(a) 1 only
2. The phrase Satyameva Jayate (truth alone (b) 2 only
triumphs), was taken from which of the (c) Both 1 and 2
following Upanishads? (d) Neither 1nor 2
(a) Brhadaranyaka Upanishad. Issue: Economy Terminology
(b) Chandogya Upanishad.
(c) Taittiriya Upanishad. 6. Consider the following statements about
(d) Mundaka Upanishad the phrase “Currency War”
Issue: National Emblem 1. Situation in which countries are
trying to make their currency
3. Arrange the following states in descending stronger
order according to number of electric 2. It involves Manipulation of currency
vehicles in those states to enjoy trade surplus
1. Uttar Pradesh Which of the above statements is/are
2. Maharashtra correct?
3. Delhi (a) Only
4. Karnataka (b) 2 only
Select answer from the code given below (c) Both 1 and 2
(a) 3-2-4-1 (d) Neither 1 nor 2
(b) 3-4-2-1 Issue: Economy Terminology
(c) 1-3-4-2
(d) 1-2-4-3 7. The “Karakoram Anomaly” is associated
Issue: Electric Vehicles with
(a) Growth of glaciers in the central
4. It is a Buddhist site on the bank of the
Karakoram when there is a retreat of
Bhima River near Kanaganahalli of
glacier in other parts
Karnataka, recently Archaeological Survey
(b) Formation of low pressure areas
of India (ASI) started conservation work at
despite of having glaciers
this site.
(c) Falling ground water levels in
Identify the Buddhist site described above
Karakoram region
(a) Sannati
(d) Decline of natural living species in
(b) Aihole
Karakoram region
(c) Dambal
Issue: Karakoram Anomaly
(d) Pandava caves
Issue: Buddhist sites

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 Daily Current Affairs DCAP No: 208
Reference CA Handout No. : 999
`
Date of Current Affairs : 20-07-2022 Prelims Practice

8. With reference to economic relations

between India and Africa, consider the
following statements
1. Mauritius is the only African country
having Comprehensive Economic
Cooperation and Partnership
Agreement with India.
2. India has a negative trade balance
with sub-Saharan Africa
3. Africa is the largest recipient of
India’s concessional loans
Which of the above statements are
correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1,2 and 3
Issue: India – Africa conclave

9. Under Cable Television Network

(Regulating) Act -1994, which of the
following prohibits transmission of any
programme that violates Programme code
or Advertisement code?
(a) Union Government
(b) State government
(c) Broadcast Audience Research
Council
(d) Broadcasting Content Complaints
Council
Issue: Media Regulation

10. Consider the following goods?

1. Petroleum
2. Tobacco products
3. Alcohol for consumption
4. Electricity
Currently, Goods and Services Tax is not
applied to how many of the above goods
(a) Only one
(b) Only 2
(c) Only 3
(d) All the four
Issue: Rationalisation of GST Slabs

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