Current Affairs Quiz – 25th March 2022

1. Consider the following statements regarding Pradhan Mantri Fasal Bima Yogna (PMFBY):

1. PMFBY is a central-state scheme which aims to cushion farmers against crop loss.
2. Under the scheme, farmers only bear 1.5 to 5% of the premium.
3. The scheme is made mandatory for farmers who availed institutional finance.

Which of the above statements is/are correct?

2. Consider the following statements:

1. In India, the Department of Pharmaceuticals functions under the Ministry of Health and Family Welfare.
2. India’s medical devices sector is regulated as per provisions under the Drugs and Cosmetics Act of 1940.
3. More than two-third of the medical devices currently sold in the country are Imported.

Which of the above statements is/are correct?

3. Consider the following statements regarding WPI and CPI:

1. While WPI is dominated by the prices of primary articles, the CPI is dominated by the prices of food articles. 
2. WPI based inflation data is compiled by MoSPI and CPI data is compiled by DPIIT.

Which of the above statements is/are correct?

4. Which Ministry has launched the Polar Science and Cryosphere Research (PACER) scheme?

5. Consider the following statements regarding Investment Clearance Cell (ICC):

1. It was announced in Budget 2020-21.
2. It will provide “end to end” facilitation and support to investors
3. It is envisioned as a one-stop shop for taking all the regulatory approvals.

Which of the above statements is/are correct?