Q1.) Which of the following statements regarding State Contingent Debt Instruments (SCDIs) is correct?
A) They are debt instruments with fixed repayment terms irrespective of economic performance.
B) SCDIs help states reduce repayment obligations during economic downturns by linking repayment to economic indicators.
C) SCDIs are exclusively issued by the international financial institutions to manage debt obligations with states.
D) SCDIs are always risk free.
Q2.) Which of the following statements about Key Biodiversity Areas (KBAs) is correct?
A) KBAs are legally protected areas designated by the United Nations.
B) KBAs are identified solely based on the economic value of biodiversity.
C) KBAs are areas of high biodiversity significance identified based on scientific criteria, such as the presence of threatened species and unique ecosystems.
D) KBAs only focus on protecting bird species and ignore other forms of biodiversity.
Q3.) Which of the following statements about the Public Accounts Committee (PAC) is correct?
A) It is a constitutional body established under Article 148 of the Indian Constitution.
B) The Chairperson of the PAC is traditionally a member of the ruling party in Lok Sabha.
C) The PAC can examine issues of public expenditure and ensure it aligns with parliamentary grants.
D) PAC recommendations are binding on the government.
DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 25th October 2024
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