Daily UPSC Prelims Current Affairs – September 09, 2022

1. With respect to economics, consider the following statements:

  1. Twin deficit is the phenomenon when country faces both fiscal deficit and current account deficit simultaneously.
  2. Twin deficit may lead to currency depreciation and outflow of foreign investment.
  3. Taper tantrum leads to currency appreciation and inflow of foreign investment.

Which of the statements given above is/are correct?

[A] Only 1
[B] Only 2 & 3
[C] Only 1 & 2
[D] 1, 2 & 3

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2. With respect to the recently released Plastic Waste Management (Amendment) Rules, 2022, consider the following statements:

  1. Plastics have been classified into four categories.
  2. Provision of sale and purchase of surplus extended producer responsibility certificates.
  3. Establishment of a centralised online portal by Central Pollution Control Board (CPCB).

Which of the statements given above are correct?

[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 1 & 3
[D] 1, 2 & 3

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3. Consider the following statements:

  1. Yu Shan is the highest mountain on or adjacent to the Tropic of Cancer.
  2. Milankovitch cycles describe the collective effects of changes in the Earth’s movements on its climate over thousands of years.
  3. Mahi River is the only river in India which crosses the Tropic of Cancer twice.
  4. Null Island is located in the Gulf of Guinea.

Which of the statements given above are correct?

[A] Only 1 & 3
[B] Only 1, 2 & 4
[C] Only 2, 3 & 4
[D] 1, 2, 3 & 4

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