Static GK and Current Events Questions and Answers: 27th May 2021

Jagran Josh aims to help aspirants of various government and competitive examinations with its Static GK and Current Events Quiz.

1. Which country has recently decided to launch its own digital currency?

1. United States of America
2. United Kingdom
3. India
4. Japan

Ans. a

Explanation: The United States of America has taken a step towards issuing its own central bank digital currency.

Related| What is Digital Dollar? Know all about USA's plan to issue its own digital currency

2. Which of the following statements is true about the digital dollar?

i) It would be backed by the Central Bank of the United States

ii) Digital Dollars would also be available as coins 

1. Only i
2. Only ii
3. Both i and ii
4. None of the above 

Ans. a

Explanation: The United States of America has taken a step towards issuing its own central bank digital currency. The Federal Reserve has recently announced it and also said that it would be releasing the research paper later this year.

3. What was the old name of Lakshadweep?

1. Laccadive
2. Amindivi
3. Laccadive, Minicoy & Amindivi Islands
4. Lakshadweep had no old name 

Ans. c

Explanation: Laccadive, Minicoy & Amindivi Islands were later renamed as Lakshadweep. 

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4. What is the geographical location of Lakshadweep ?

i) It is situated above the Tropic of Cancer

ii) The islands are situated in the Indian Ocean

1. Only i
2. Only ii
3. Both i and ii
4. None of the above 

Ans. d

Explanation: The Lakshadweep islands are situated south of the Tropic of Cancer in the Arabian Sea.

5. Which country is the originator of the 123 Agreement?

1. India
2. USA
3. UK
4. Russia

Ans. b

Explanation: Section 123 of the Atomic Energy Act of the USA requires the conclusion of a peaceful nuclear cooperation agreement for transferring any kind of nuclear material from the USA. These are commonly called the 123 Agreements. 

Read| Nuclear Power of India Explained: All about nuclear energy, NPT, NSG, 123 Agreement & IAEA

6. Which is the only body to regulate the field of nuclear energy worldwide?

1. IAEA
2. UNO
3. NATO
4. None of the above 

Ans. a

Explanation: IAEA or the International Atomic Energy Agency is the world’s only intergovernmental forum that is meant for scientific and technical co-operation in the field of nuclear energy.

7. Which of the following statements is true about NPT?

i) India has recently become a signatory of the NPT

ii) It bans the States to acquire nuclear weapons who were without them earlier

1. Only i
2. Only ii
3. Both i and ii
4. None of the above 

Ans. b

Explanation: The NPT has following provisions: States without nuclear weapons would not acquire them; States with nuclear weapons would pursue disarmament; All states can access nuclear technology for peaceful purposes, under safeguards. India is not a party to NPT. 

8. Which of the following is a part of the Nuclear Suppliers Group?

1. Egypt
2. Pakistan
3. India
4. Norway

Ans. d

Explanation: NSG has 48 members and Norway is among them. Others include USA, UK, Germany, China etc

9. Which of the following countries did not support India's NSG membership?

1. USA
2. Russia
3. Brazil
4. China 

Ans. d

Explanation: It was due to China's veto that India was not granted the NSG membership. The reason was given that India is not a party to NPT so it cannot be part of NSG. 

10. Which is the smallest Union Territory of India?

1. Puducherry
2. Lakshadweep
3. Andaman and Nicobar
4. None of the above 

Ans. b

Explanation: Lakshadweep is the smallest Union Territory of India. Know all about LDAR here

Read| Solve daily Quiz on Static GK and Current Events here