6th June 2023 Current Affairs Quiz

6th June 2023 Current Affairs
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6th June 2023 Current Affairs Quiz – Welcome to the 6th June 2023 Current Affairs Quiz, your daily dose of important events and news from around the world. Stay updated with the latest happenings by testing your knowledge with our engaging quiz. From politics to technology to entertainment, this quiz will challenge your understanding of the significant events that took place on the 6th of June 2023. So, let’s dive into the quiz and test your awareness of the current affairs!

Current Affairs 6th June 2023 | Today GK Quiz

1. What is one of the arguments put forth by supporters of retaining the sedition law in India?

A) The sedition law protects the right to freedom of speech and expression.
B) The sedition law hampers national security and unity.
C) The sedition law is a relic of the colonial era.
D) The sedition law suppresses legitimate protests and curtails freedom of speech.

Answer: A) The sedition law protects the right to freedom of speech and expression.

Explanation: Supporters of retaining the sedition law argue that it ensures responsible exercise of the right to freedom of speech and expression, as stated in the Indian Constitution. They believe that the sedition law imposes reasonable restrictions on this right, preventing its misuse.

2. What is one of the arguments put forth by critics advocating for the repeal of the sedition law in India?

A) Repealing the sedition law could lead to a void that allows subversive elements to exploit the situation.
B) The sedition law protects national security and integrity.
C) The sedition law is a relic of the colonial era and perpetuates its misuse.
D) The sedition law prevents the suppression of dissent and curtailment of freedom of speech.

Answer: D) The sedition law prevents the suppression of dissent and curtailment of freedom of speech.

Explanation: Critics arguing for the repeal of the sedition law claim that it can be misused to suppress legitimate protests and curtail freedom of speech and expression. They believe that its existence undermines democratic values and hampers the right to express dissenting opinions.

3. Which objective is NOT associated with the MISHTI scheme launched by Prime Minister Narendra Modi?

A) Sharing best practices on plantation techniques and conservation measures.
B) Mobilizing resources through public-private partnerships.
C) Promoting sustainable development and livelihoods in coastal areas.
D) Mitigating the impact of climate change on vulnerable communities.

Answer: A) Sharing best practices on plantation techniques and conservation measures.

Explanation: The MISHTI scheme aims to restore and protect the mangrove ecosystem in India, with objectives including mobilizing resources through public-private partnerships, promoting sustainable development and livelihoods in coastal areas, and mitigating the impact of climate change on vulnerable communities. However, the scheme does not specifically focus on sharing best practices on plantation techniques and conservation measures.

4. What is the funding and implementation approach for the Amrit Dharohar and MISHTI schemes?

A) The central government bears 100% of the project cost.
B) The central government bears 80% of the project cost, and state governments contribute the remaining 20%.
C) The central government and state governments each contribute 50% of the project cost.
D) The funding is solely sourced from public-private partnerships.

Answer: B) The central government bears 80% of the project cost, and state governments contribute the remaining 20%.

Explanation: The funding and implementation approach for the Amrit Dharohar and MISHTI schemes involve the central government bearing 80% of the project cost, while state governments contribute the remaining 20%. This partnership approach ensures collective responsibility and effective implementation of the schemes, with the involvement of local communities and public participation.

5. What distinguishes Green GDP from conventional GDP calculations?

A) Green GDP factors in the costs of environmental degradation and pollution.
B) Green GDP focuses solely on economic growth without considering environmental factors.
C) Green GDP assigns economic values to all environmental assets.
D) Green GDP measures the benefits derived from economic activities.

Answer: A) Green GDP factors in the costs of environmental degradation and pollution.

Explanation: Green GDP goes beyond conventional GDP calculations by considering the costs of environmental degradation, depletion of natural resources, and pollution. It aims to provide a more comprehensive measure of economic growth by accounting for the negative impacts on the environment. This distinguishes Green GDP from conventional GDP, which typically does not factor in such environmental costs.

6. What is one of the challenges associated with implementing Green GDP?

A) Data collection and accounting methodologies.
B) The lack of consensus among stakeholders.
C) The prioritization of economic growth over environmental preservation.
D) The inability to assign monetary values to environmental assets.

Answer: A) Data collection and accounting methodologies.

Explanation: One of the challenges of implementing Green GDP is the collection of relevant data and the development of appropriate accounting methodologies. Assigning monetary values to environmental assets and determining the appropriate weightage for different factors require robust frameworks and reliable data. Without standardized methodologies and comprehensive data, calculating Green GDP accurately can be challenging.

7. What is the Financial Inclusion (FI) Index developed by the RBI?

A) A measurement tool for evaluating the effectiveness of financial inclusion efforts
B) A collaborative platform involving multiple stakeholders for financial inclusion
C) A comprehensive dashboard for tracking the progress of financial inclusion
D) A financial policy initiative to bridge the gap between underserved and mainstream financial systems

Answer: A) A measurement tool for evaluating the effectiveness of financial inclusion efforts

Explanation: RBI developed the Financial Inclusion (FI) Index as a comprehensive tool to measure the extent of financial inclusion. The FI-Index integrates information from various sectors and provides a holistic assessment of financial inclusion. By evaluating the dimensions of the FI-Index, policymakers can gain insights into the effectiveness of financial inclusion efforts and identify areas that require further attention.

8. What is the purpose of the ‘Antardrishti’ financial inclusion dashboard?

A) To measure the extent of financial inclusion in India
B) To assess the level of financial exclusion at a local level
C) To integrate information from various sectors for financial inclusion
D) To facilitate internal operations within the RBI

Answer: B) To assess the level of financial exclusion at a local level

Explanation: One of the key features of the ‘Antardrishti’ dashboard is its ability to assess the extent of financial exclusion at a local level across the country. This means that the dashboard aims to identify areas with higher levels of financial exclusion, allowing policymakers to focus on implementing targeted measures to address these gaps and promote greater financial inclusivity.

9. What is one of the reasons attributed to the recession in Germany?

A) Decline in the Euro
B) Decrease in employment figures
C) Minimal growth in the eurozone economy
D) Stagnant wages in the United States

Answer: A) Decline in the Euro

Explanation:  Germany is currently facing a recession due to a decline in the Euro and an unexpected contraction in the economy. The decline in the Euro is one of the reasons attributed to the recession in Germany.

10. What does the GDP measure, and why is it criticized as an indicator of economic prosperity?

A) GDP measures the overall value of goods and services produced; it fails to differentiate between different types of spending.
B) GDP measures the overall value of goods and services produced; it accurately reflects economic prosperity.
C) GDP measures consumer spending; it fails to consider inflation and wages.
D) GDP measures government spending; it accurately reflects economic prosperity.

Answer: A) GDP measures the overall value of goods and services produced; it fails to differentiate between different types of spending.

Explanation: The GDP represents the overall value of goods and services produced in a country. However, some experts criticize GDP as an indicator of economic prosperity because it does not differentiate between different types of spending. This means that GDP fails to capture the nuances and variations in spending patterns and may not provide a comprehensive picture of economic well-being.

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