Daily Current Affairs MCQs for UPSC IAS Prelims - 9 May 2023

Welcome to the RAYACADEMY Daily Current Affairs MCQs! Our focus is to provide you with engaging and informative questions that primarily revolve around current affairs, derived from reliable sources such as 'The Hindu', 'Indian Express', and 'PIB'. Our MCQs test your understanding of factual and conceptual knowledge, which is essential for cracking the UPSC IAS and State PCS prelim exams. Below are some of Today's Current Affairs MCQs. We hope you make the most of this initiative and wish you all the best in your preparation.

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Q1.Which of the following statements regarding the PM CARES Fund is/are correct?

1. The PM CARES Fund was established during the Covid-19 pandemic.

2. The PM CARES Fund was registered as a public charitable trust under the Registration Act 1908.

3. The Prime Minister is the ex-officio Chairman of the PM CARES Fund.

4. The Defence Minister, Home Minister, and Finance Minister are ex-officio trustees of the PM CARES Fund.

Select the correct answer using the code given below:

a) 1 and 2 only

b) 2, 3, and 4 only

c) 1, 2, and 3 only

d) 1, 2, 3, and 4

Answer: d

Explanation:

The PM CARES Fund was established during the Covid-19 pandemic to deal with any kind of emergency or distress situation, like the one posed by the pandemic, and to provide relief to those affected. It was registered as a public charitable trust under the Registration Act 1908 in New Delhi on March 27, 2020, three days after the country went into lockdown due to the pandemic.

The Prime Minister is the ex-officio Chairman of the PM CARES Fund, while the Defence Minister, Home Minister, and Finance Minister are ex-officio trustees of the Fund. Q2.Which of the following statements regarding the Arab League is/are correct?

1. The Arab League was formed in Cairo on March 22, 1945.

2. The founding member states of the Arab League were Egypt, Syria, Lebanon, Iraq, Transjordan (now Jordan), Saudi Arabia, and Yemen.

3. The aims of the Arab League in 1945 were to coordinate its members' political, cultural, economic, and social programs and to mediate disputes among them.

Select the correct answer using the code given below:

a) 1 and 2 only

b) 2 and 3 only

c) 1, 2, and 3 only

d) 1 only

Answer: c

Explanation:

The Arab League, also called the League of Arab States (LAS), is a regional organisation of Arab states in the Middle East and parts of Africa. It was formed in Cairo on March 22, 1945, to strengthen and coordinate its members' political, cultural, economic, and social programs and mediate disputes among them or between them and third parties. The founding member states of the Arab League were Egypt, Syria, Lebanon, Iraq, Transjordan (now Jordan), Saudi Arabia, and Yemen. Currently, the Arab League has 22 member states.

Q3. What power does Article 142 of the Constitution of India provide to the Supreme Court?

a) Power to strike down any unconstitutional law

b) Power to hear appeals from lower courts

c) Power to provide complete justice between the parties, even in the absence of a legal remedy

d) Power to grant pardons and reduce sentences

Answer: c

Explanation:

Article 142 provides a unique power to the Supreme Court to do “complete justice” between the parties, where, at times, the law or statute may not provide a remedy. In those situations, the Court can extend itself to put an end to a dispute in a manner that would fit the facts of the case.

Q4. What is the FAO's Food Price Index?

a) It is a measure of the monthly change in the prices of food commodities in a specific country.

b) It is a measure of the annual change in the prices of a basket of food commodities.

c) It is a measure of the monthly change in international prices of a basket of food commodities.

d) It is a measure of the annual change in the prices of food commodities in a specific country.

Answer: c

Explanation:

The FAO's Food Price Index is a measure of the monthly change in international prices of a basket of food commodities. The index measures changes for a basket of cereals, oilseeds, dairy products, meat, and sugar. The base period for the index is 2014-16, which is assigned a value of 100. It consists of the average of five commodity group price indices weighted by the average export shares of each of the groups over 2014-2016.

Q5. Which of the following statements regarding drug recall is/are correct?

1. A drug recall occurs when a prescription or over-the-counter drug is removed from the market because of its harmful or side effects.

2. A drug recall is the process of removing or correcting a marketed drug product that violates the laws and regulations governing the safety, efficacy, or quality of a drug.

3. Drug recalls are typically issued when a product is found to be safe, effective, and correctly labelled.

4. A drug recall aims to protect the public from harm by removing the affected product from the market and providing a remedy or refund for consumers who have already purchased the product.

Select the correct answer using the code given below:

a) 1 and 2 only

b) 2 and 4 only

c) 1, 2, and 4 only

d) 1, 2, 3, and 4

Answer: a

Explanation:

A drug recall occurs when a prescription or over-the-counter drug is removed from the market because of its harmful or side effects. A drug recall is the process of removing or correcting a marketed drug product that violates the laws and regulations governing the safety, efficacy, or quality of a drug.

However, statement 3 is incorrect. Drug recalls are typically issued when a product is found to be defective, contaminated, mislabeled, or poses a risk to the health and safety of patients.

Statement 4 is partially correct. The goal of a drug recall is to protect the public from harm by removing the affected product from the market, but it may not always provide a remedy or refund for consumers who have already purchased the product.