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Daily Current Affairs MCQ: 7th September 2024 - CUET Commerce MCQ


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10 Questions MCQ Test General Test Preparation for CUET - Daily Current Affairs MCQ: 7th September 2024

Daily Current Affairs MCQ: 7th September 2024 for CUET Commerce 2024 is part of General Test Preparation for CUET preparation. The Daily Current Affairs MCQ: 7th September 2024 questions and answers have been prepared according to the CUET Commerce exam syllabus.The Daily Current Affairs MCQ: 7th September 2024 MCQs are made for CUET Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Daily Current Affairs MCQ: 7th September 2024 below.
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Daily Current Affairs MCQ: 7th September 2024 - Question 1

What is the primary characteristic of the La Niña phenomenon?

Detailed Solution for Daily Current Affairs MCQ: 7th September 2024 - Question 1

La Niña is characterized by cooler sea temperatures in the eastern Pacific Ocean. During this phase, the trade winds strengthen, pushing warm water westward and allowing cooler waters to rise in the east. This phenomenon can significantly influence weather patterns globally, often resulting in enhanced monsoon activity in regions like India.

Daily Current Affairs MCQ: 7th September 2024 - Question 2

Which of the following statements best describes the process of judicial appointments as per the recent Supreme Court ruling?

Detailed Solution for Daily Current Affairs MCQ: 7th September 2024 - Question 2

The Supreme Court ruled that judicial appointments must reflect the collective wisdom of the High Court Collegium rather than being decided by any single individual, such as the Chief Justice of a High Court. This collaborative approach is aimed at ensuring transparency and accountability in the appointment process, thereby enhancing the integrity of the judiciary.

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Daily Current Affairs MCQ: 7th September 2024 - Question 3

What impact does La Niña typically have on the Indian monsoon?

Detailed Solution for Daily Current Affairs MCQ: 7th September 2024 - Question 3

La Niña is known to enhance monsoon activity in India. During La Niña years, the strengthened trade winds lead to increased rainfall, which can benefit agricultural activities. However, the effects can vary regionally, and some areas may still experience deficient rainfall despite overall positive trends.

Daily Current Affairs MCQ: 7th September 2024 - Question 4

What was the primary economic challenge faced by India during the 1980s?

Detailed Solution for Daily Current Affairs MCQ: 7th September 2024 - Question 4

During the 1980s, India experienced a significant balance of payments crisis, driven largely by rising fiscal deficits and increasing government debt. This period highlighted the risks associated with persistent fiscal imbalances, as the government had to borrow extensively to finance developmental expenditures, which worsened the overall economic situation.

Daily Current Affairs MCQ: 7th September 2024 - Question 5

In the 2024-25 Union Budget, what fiscal deficit target did the government set for 2025-26?

Detailed Solution for Daily Current Affairs MCQ: 7th September 2024 - Question 5

The government set an ambitious target to reduce the fiscal deficit to 4.5% of GDP by 2025-26, down from 4.9% in 2024-25. Achieving this target is crucial for improving the debt-GDP ratio and ensuring economic stability, particularly with projected nominal GDP growth rates in the coming years.

Daily Current Affairs MCQ: 7th September 2024 - Question 6

How does the crowding-out effect impact private investment in the context of increasing government borrowing?

Detailed Solution for Daily Current Affairs MCQ: 7th September 2024 - Question 6

The crowding-out effect occurs when increased government borrowing raises interest rates, which subsequently reduces private sector investment. With government deficits absorbing a significant portion of available capital, there are fewer resources available for private investment, especially in a context where household savings are declining.

Daily Current Affairs MCQ: 7th September 2024 - Question 7

What is the primary purpose of the National Company Law Appellate Tribunal (NCLAT) in India?

Detailed Solution for Daily Current Affairs MCQ: 7th September 2024 - Question 7

The NCLAT primarily serves to hear appeals against decisions made by the National Company Law Tribunal (NCLT) under the Companies Act, 2013. This function is crucial in ensuring a fair and transparent process in corporate governance and insolvency matters, thus enhancing the overall effectiveness of corporate dispute resolutions in India.

Daily Current Affairs MCQ: 7th September 2024 - Question 8

Which of the following is a key feature of the BPaLM regimen introduced for treating Multidrug-Resistant Tuberculosis (MDR-TB)?

Detailed Solution for Daily Current Affairs MCQ: 7th September 2024 - Question 8

The BPaLM regimen is notable for being an all-oral treatment that includes fewer pills, making it easier for patients to adhere to the regimen. This innovative approach not only improves patient compliance but also significantly reduces the treatment duration compared to older methods, which often required a lengthy and cumbersome process.

Daily Current Affairs MCQ: 7th September 2024 - Question 9

What powers does the NCLAT possess similar to a civil court?

Detailed Solution for Daily Current Affairs MCQ: 7th September 2024 - Question 9

The NCLAT has several powers akin to those of a civil court, which include summoning witnesses and requesting the production of documents. This judicial capability allows NCLAT to conduct thorough hearings and ensure that all relevant evidence is considered, thereby facilitating fair adjudication of corporate disputes.

Daily Current Affairs MCQ: 7th September 2024 - Question 10

What is one of the significant challenges in the India-EU relationship regarding trade?

Detailed Solution for Daily Current Affairs MCQ: 7th September 2024 - Question 10

One of the major challenges in the India-EU relationship is the presence of regulatory discrepancies and differing geopolitical stances. These factors have complicated negotiations for a Free Trade Agreement (FTA) that began in 2007, highlighting the need for both parties to reconcile their economic priorities with their political and regulatory frameworks.

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