Daily current affairs quiz practice with answers

The Monetary Policy Committee's inflation target is measured using which index?

Why: India's flexible inflation-targeting framework uses headline Consumer Price Index inflation.

The Ramsar Convention is primarily concerned with the conservation and wise use of what?

Why: The Ramsar Convention is the international treaty for the conservation and wise use of wetlands.

The annual climate COP meetings are held under which international convention?

Why: Climate Conferences of the Parties are held under the United Nations Framework Convention on Climate Change.

In monetary-policy news, the repo rate refers to the rate at which:

Why: The repo rate is the policy rate at which the RBI lends short-term funds to banks against eligible collateral.

Which four countries form the Quadrilateral Security Dialogue (Quad)?

Why: The Quad brings together India, Japan, Australia and the United States.

A Geographical Indication tag mainly identifies a product whose qualities or reputation are linked to:

Why: A GI identifies goods whose quality, reputation or other characteristic is essentially attributable to a geographical origin.

The Sun–Earth L1 point is useful for solar observation because a spacecraft there can:

Why: A halo orbit around L1 gives a spacecraft a nearly continuous view of the Sun from the Sun-facing side of Earth.

Which body recommends Minimum Support Prices for major crops to the Government of India?

Why: The Commission for Agricultural Costs and Prices recommends MSPs; the final decision is taken by the government.