DAILY CURRENT AFFAIRS MCQ–5 DECEMBER 2024

Q 1.Which organization publishes the Red Data Book?
a) World Wildlife Fund (WWF)
b) International Union for Conservation of Nature (IUCN)
c) United Nations Environment Programme (UNEP)  
d) World Wide Fund for Nature (WWF)

Answer: b)

Q 2.What category of species is listed in the Red Data Book?
a) Endemic species only
b) Threatened species only
c) All endangered species
d) All species in a particular region

Answer: c)

Q 3.Which of the following is NOT a criterion used to assess the threat status of a species?
a) Population size
b) Habitat loss
c) Economic value
d) Rate of decline

Answer: c)

Q 4.The Red List categorizes species into how many threat categories?
a) 5
b) 7
c) 9
d) 11

Answer: c)

Q 5.Which of the following species is listed as “Critically Endangered” on the IUCN Red List?
a) Bengal Tiger
b) Great Indian Bustard
c) Snow Leopard
d) Asiatic Lion

ANS:b) Great Indian Bustard

Q 6.Which of the following is NOT a primary function of the RBI?
a) Issuing currency
b) Regulating credit and monetary policy
c) Managing foreign exchange reserves
d) Providing loans to individuals

Answer: d)

Q 7.What is the primary tool used by the RBI to control the money supply in the economy?
a) Fiscal policy
b) Monetary policy
c) Industrial policy
d) Foreign exchange policy

Answer: b)

Q 8.The Cash Reserve Ratio (CRR) is the proportion of deposits that commercial banks must hold with the RBI. An increase in CRR will:
a) Increase the money supply in the economy
b) Decrease the money supply in the economy
c) Have no impact on the money supply
d) Increase the interest rates

Answer: b)

Q 9.The Monetary Policy Committee (MPC) of the RBI is responsible for:
a) Setting fiscal policy targets
b) Deciding on the exchange rate
c) Setting monetary policy rates
d) Regulating the stock market

Answer: c)

Q 10.The RBI’s role as the “lender of last resort” means that it:
a) Provides loans to individuals
b) Provides loans to businesses
c) Provides loans to commercial banks in times of financial crisis
d) Provides loans to the government

Answer: c)

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