Daily Current Affairs Quiz 05 Jan 2022

Daily Current Affairs Quiz

05 Jan 2022

1. Q.)-Consider the following statements regarding the Bilateral investment treaty (BIT).
1. A bilateral investment treaty (BIT) is an agreement that establishes the terms and conditions for private investment in another country by nationals and firms of one country.
2. BITs must preserve the environment, labor rights, social provisions, and natural resources in the nation where investments are made as a condition of doing business.
3. They establish a system for alternative dispute settlement under the aegis of the International Center for Settlement of Investment Disputes (ICSID).
Which of the above statements is/are correct?


2. Q.)-Consider the following statements.
1. States are Constitutionally guaranteed to get GST compensation for the loss on account of the introduction of the GST for ten years from the date of implementation.
2. As per GST architecture, if the Union Government falls short in the collection of compensation cess, it can tap the funds from the Consolidated Fund of India.
Which of the above statements is/are correct?


3. Q.)-Which of these is/are not included in the Eight Core Sector Industries?
1. Coal
2. Iron Ore
3. Fertilizers
Select the correct answer code:


4. Q.)-Consider the following statements.
1. In 2021, it was the first time climate scientists were awarded the Nobel Prize in Physics.
2. For the Citizens of India / Indian origin / foreign origin who were residents in India when they became recipients of the Nobel Prize, maximum Nobel Prizes have been awarded in the category of Peace.
3. The Intergovernmental Panel on Climate Change (IPCC) was earlier awarded the Nobel Peace Prize for its efforts in creating awareness for the fight against climate change.
Which of the above statements is/are correct?


5. Q.)
1. Any diversion of forest property for any purpose, including assignment of leases, requires prior permission of the State Government under the Forest Conservation Act of 1980.
2. The Forest Conservation Act of 1980 was primarily focused on reserve forests and national parks.
3. In 1996, the Supreme Court broadened the concept of forest land to encompass any places designated as forest in official records, regardless of ownership, recognition, or categorization.
Which of the above statements is/are correct?


Leave a Reply