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Weekly Current Affairs Quiz for Odisha Competitive Exams | January 4th Week 2024

Weekly Current affairs play a very important role in the competitive examinations and hence, aspirants have to give undivided attention to it while doing preparation for the government examinations. The CGLRE, OCS examinations comprise a section of “Current Affairs” to evaluate how much the aspirant is aware of the daily happenings taking place around the world. To complement your preparation, we are providing you with a compilation of  Weekly Current affairs.

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1. What cultural event in India prompted the launch of commemorative postage stamps by Prime Minister Narendra Modi?
a. Kumbh Mela
b. Diwali
c. Ayodhya’s Ram Temple
d. Holi

Answer: c. Ayodhya’s Ram Temple

2. How many distinct stamps are included in the collection launched by Prime Minister Narendra Modi?
a. Four
b. Five
c. Six
d. Seven

Answer: c. Six

3. Which of the following is NOT one of the key figures or symbols featured on the commemorative stamps?
a. Lord Ganesh
b. Lord Shiva
c. Lord Hanuman
d. Jatayu

Answer: b. Lord Shiva

4. What is NOT mentioned as an essential element related to Shri Ram Janmbhoomi Mandir in the stamp designs?
a. The temple
b. The Saryu River
c. The Ganges River
d. The sun

Answer: c. The Ganges River

5. What is the name of the revered Choupai featured on the stamps?
a. Mangal Bhavan Amangal Hari
b. Jai Shri Ram
c. Om Namah Shivaya
d. Hare Krishna Hare Rama

Answer: a. Mangal Bhavan Amangal Hari

6. What majestic touch is added to each stamp through detailing with gold leaf?
a. Moon and stars
b. Sun rays and the Choupai
c. Mountains and rivers
d. Animals and birds

Answer: b. Sun rays and the Choupai

7. Which river is mentioned as being showcased in the stamp designs related to Shri Ram Janmbhoomi Mandir?
a. Ganges River
b. Yamuna River
c. Saryu River
d. Brahmaputra River

Answer: c. Saryu River

8. Who is NOT among the key figures or symbols associated with Lord Ram’s narrative on the stamps?
a. Kevatraj
b. Ma Shabri
c. Lord Shiva
d. Lord Hanuman

Answer: c. Lord Shiva

9. What does each stamp commemorate in relation to Ayodhya’s Ram Temple?
a. Historical events
b. Cultural symbols
c. Religious festivals
d. Political achievements

Answer: a. Historical events

10. What is the theme of the stamp collection launched by Prime Minister Narendra Modi?
a. Wildlife conservation
b. Ramayana narrative
c. Space exploration
d. Indian cuisine

Answer: b. Ramayana narrative

11. Which of the following elements is NOT depicted on the stamps related to Shri Ram Janmbhoomi Mandir?
a. Sculptures in and around the temple
b. The sun
c. The moon
d. The temple

Answer: c. The moon

12. What type of detailing is used for the sun rays and the Choupai on each stamp?
a. Silver leaf
b. Gold leaf
c. Diamond detailing
d. Embossed printing

Answer: b. Gold leaf

13. What is the name of the river showcased in relation to Shri Ram Janmbhoomi Mandir?
a. Ganges River
b. Yamuna River
c. Saryu River
d. Brahmaputra River

Answer: c. Saryu River

14. Which deity is associated with the Choupai ‘Mangal Bhavan Amangal Hari’ on the stamps?
a. Lord Shiva
b. Lord Hanuman
c. Lord Vishnu
d. Lord Brahma

Answer: c. Lord Vishnu

15. What event does the stamp collection commemorate?
a. Independence Day
b. Republic Day
c. Ayodhya’s Ram Temple
d. Gandhi Jayanti

Answer: c. Ayodhya’s Ram Temple

16. Which of the following is NOT a key figure or symbol associated with Lord Ram’s narrative on the stamps?
a. Lord Ganesh
b. Lord Hanuman
c. Lord Buddha
d. Jatayu

Answer: c. Lord Buddha

17. What is the name of the Choupai featured on the stamps?
a. Ram Bhakti
b. Mangal Bhavan Amangal Hari
c. Jai Shri Ram
d. Ram Lila

Answer: b. Mangal Bhavan Amangal Hari

18. What element is NOT mentioned as being incorporated in the stamp designs related to Shri Ram Janmbhoomi Mandir?
a. Sculptures in and around the temple
b. The Ganges River
c. The sun
d. The Himalayan Mountains

Answer: d. The Himalayan Mountains

19. What is the main subject of the commemorative stamps launched by Prime Minister Narendra Modi?
a. Indian festivals
b. Wildlife conservation
c. Ramayana narrative
d. Space exploration

Answer: c. Ramayana narrative

20. How many key figures or symbols are featured on the stamps related to Lord Ram’s narrative?
a. Four
b. Five
c. Six
d. Seven

Answer: c. Six

21. What is the name of the temple showcased on the stamps?
a. Kashi Vishwanath Temple
b. Akshardham Temple
c. Somnath Temple
d. Shri Ram Janmbhoomi Mandir

Answer: d. Shri Ram Janmbhoomi Mandir

22. What is the significance of the gold leaf detailing on the stamps?
a. Cultural symbolism
b. Religious rituals
c. Historical accuracy
d. Majestic touch

Answer: d. Majestic touch

23. Which river is NOT mentioned as being showcased in relation to Shri Ram Janmbhoomi Mandir?
a. Ganges River
b. Yamuna River
c. Saryu River
d. Brahmaputra River

Answer: d. Brahmaputra River

24. Who is NOT among the key figures or symbols associated with Lord Ram’s narrative on the stamps?
a. Kevatraj
b. Ma Shabri
c. Lord Shiva
d. Lord Hanuman

Answer: c. Lord Shiva

25. What is the theme of the commemorative stamp collection launched by Prime Minister Narendra Modi?
a. Historical monuments
b. Ramayana narrative
c. Indian mythology
d. Modern art

Answer: b. Ramayana narrative

26. What type of detailing is used for the sun rays and the Choupai on each stamp?
a. Silver leaf
b. Gold leaf
c. Diamond detailing
d. Embossed printing

Answer: b. Gold leaf

27. Which of the following elements is NOT depicted on the stamps related to Shri Ram Janmbhoomi Mandir?
a. Sculptures in and around the temple
b. The sun
c. The moon
d. The temple

Answer: c. The moon

28. What is the name of the river showcased in relation to Shri Ram Janmbhoomi Mandir?
a. Ganges River
b. Yamuna River
c. Saryu River
d. Brahmaputra River

Answer: c. Saryu River

29. Which deity is associated with the Choupai ‘Mangal Bhavan Amangal Hari’ on the stamps?
a. Lord Shiva
b. Lord Hanuman
c. Lord Vishnu
d. Lord Brahma

Answer: c. Lord Vishnu

30. What event does the stamp collection commemorate?
a. Independence Day
b. Republic Day
c. Ayodhya’s Ram Temple
d. Gandhi Jayanti

Answer: c. Ayodhya’s Ram Temple

31. Which of the following is NOT a key figure or symbol associated with Lord Ram’s narrative on the stamps?
a. Lord Ganesh
b. Lord Hanuman
c. Lord Buddha
d. Jatayu

Answer: c. Lord Buddha

32. What is the name of the Choupai featured on the stamps?
a. Ram Bhakti
b. Mangal Bhavan Amangal Hari
c. Jai Shri Ram
d. Ram Lila

Answer: b. Mangal Bhavan Amangal Hari

33. What element is NOT mentioned as being incorporated in the stamp designs related to Shri Ram Janmbhoomi Mandir?
a. Sculptures in and around the temple
b. The Ganges River
c. The sun
d. The Himalayan Mountains

Answer: d. The Himalayan Mountains

34. What is the main subject of the commemorative stamps launched by Prime Minister Narendra Modi?
a. Indian festivals
b. Wildlife conservation
c. Ramayana narrative
d. Space exploration

Answer: c. Ramayana narrative

35. How many key figures or symbols are featured on the stamps related to Lord Ram’s narrative?
a. Four
b. Five
c. Six
d. Seven

Answer: c. Six

36. What is the name of the temple showcased on the stamps?
a. Kashi Vishwanath Temple
b. Akshardham Temple
c. Somnath Temple
d. Shri Ram Janmbhoomi Mandir

Answer: d. Shri Ram Janmbhoomi Mandir

37. What is the significance of the gold leaf detailing on the stamps?
a. Cultural symbolism
b. Religious rituals
c. Historical accuracy
d. Majestic touch

Answer: d. Majestic touch

38. Which river is NOT mentioned as being showcased in relation to Shri Ram Janmbhoomi Mandir?
a. Ganges River
b. Yamuna River
c. Saryu River
d. Brahmaputra River

Answer: d. Brahmaputra River

39. Who is NOT among the key figures or symbols associated with Lord Ram’s narrative on the stamps?
a. Kevatraj
b. Ma Shabri
c. Lord Shiva
d. Lord Hanuman

Answer: c. Lord Shiva

40. What is the theme of the commemorative stamp collection launched by Prime Minister Narendra Modi?
a. Historical monuments
b. Ramayana narrative
c. Indian mythology
d. Modern art

Answer: b. Ramayana narrative

41. What type of detailing is used for the sun rays and the Choupai on each stamp?
a. Silver leaf
b. Gold leaf
c. Diamond detailing
d. Embossed printing

Answer: b. Gold leaf

42. Which of the following elements is NOT depicted on the stamps related to Shri Ram Janmbhoomi Mandir?
a. Sculptures in and around the temple
b. The sun
c. The moon
d. The temple

Answer: c. The moon

43. What is the name of the river showcased in relation to Shri Ram Janmbhoomi Mandir?
a. Ganges River
b. Yamuna River
c. Saryu River
d. Brahmaputra River

Answer: c. Saryu River

44. Which deity is associated with the Choupai ‘Mangal Bhavan Amangal Hari’ on the stamps?
a. Lord Shiva
b. Lord Hanuman
c. Lord Vishnu
d. Lord Brahma

Answer: c. Lord Vishnu

45. What event does the stamp collection commemorate?
a. Independence Day
b. Republic Day
c. Ayodhya’s Ram Temple
d. Gandhi Jayanti

Answer: c. Ayodhya’s Ram Temple

46. Which of the following is NOT a key figure or symbol associated with Lord Ram’s narrative on the stamps?
a. Lord Ganesh
b. Lord Hanuman
c. Lord Buddha
d. Jatayu

Answer: c. Lord Buddha

47. What is the name of the Choupai featured on the stamps?
a. Ram Bhakti
b. Mangal Bhavan Amangal Hari
c. Jai Shri Ram
d. Ram Lila

Answer: b. Mangal Bhavan Amangal Hari

48. What element is NOT mentioned as being incorporated in the stamp designs related to Shri Ram Janmbhoomi Mandir?
a. Sculptures in and around the temple
b. The Ganges River
c. The sun
d. The Himalayan Mountains

Answer: d. The Himalayan Mountains

49. What is the main subject of the commemorative stamps launched by Prime Minister Narendra Modi?
a. Indian festivals
b. Wildlife conservation
c. Ramayana narrative
d. Space exploration

Answer: c. Ramayana narrative

50. How many key figures or symbols are featured on the stamps related to Lord Ram’s narrative?
a. Four
b. Five
c. Six
d. Seven

Answer: c. Six

51. What is the estimated value of the contract secured by L&T Construction’s railways strategic business group for the Mumbai-Ahmedabad bullet train project?

a) ₹5,000 to ₹10,000 crore
b) ₹10,000 to ₹15,000 crore
c) ₹15,000 to ₹20,000 crore
d) ₹20,000 to ₹25,000 crore
Answer: b) ₹10,000 to ₹15,000 crore

52. Which agency is overseeing the Mumbai-Ahmedabad High-Speed Rail Project (MAHSR) and awarded the contract to L&T?

a) Indian Railways
b) Ministry of Railways, India
c) Japanese agency
d) Asian High-Speed Rail Authority
Answer: c) Japanese agency

53. What is the scope of the ‘mega’ order received by L&T Construction for the Mumbai-Ahmedabad bullet train project?

a) Construction of railway stations
b) Construction of bridges and tunnels
c) High-speed electrification works
d) Track laying and signaling
Answer: c) High-speed electrification works

54. How many route kilometers of high-speed electrification works will L&T Construction undertake as part of the contract?

a) 300 route km
b) 408 route km
c) 508 route km
d) 600 route km
Answer: c) 508 route km

55. What components are included in the scope of work for L&T, according to the contract?

a) Construction and testing only
b) Design, supply, manufacturing, construction, testing, and commissioning
c) Commissioning and maintenance
d) Track laying and signaling only
Answer: b) Design, supply, manufacturing, construction, testing, and commissioning

56. What is the power supply electrification system voltage that L&T will be working on for the Mumbai-Ahmedabad bullet train project?

a) 10 kV
b) 15 kV
c) 25 kV
d) 30 kV
Answer: c) 25 kV

57. What are the main components of the electrification system that L&T will be responsible for?

a) Tracks and stations
b) Overhead equipment, traction substations, and power distribution equipment
c) Bridges and tunnels
d) Signaling and communication systems
Answer: b) Overhead equipment, traction substations, and power distribution equipment

58. What is the power supply electrification system’s configuration that L&T will design and implement?

a) 1×15 kV
b) 2×20 kV
c) 2×25 kV
d) 3×30 kV
Answer: c) 2×25 kV

59. Which phase of the project includes the construction of high-speed overhead equipment?

a) Design phase
b) Testing phase
c) Manufacturing phase
d) Construction phase
Answer: d) Construction phase

60. What is the primary purpose of the Mumbai-Ahmedabad bullet train project?
– a) Freight transportation
– b) High-speed passenger transportation
– c) Commuter rail services
– d) Tourist train services

Answer: b) High-speed passenger transportation

61. What is the scientific name of the rare Tibetan Brown Bear?
a) Ursus arctos horribilis
b) Ursus arctos pruinosus
c) Ursus americanus
d) Ursus maritimus

Answer: b) Ursus arctos pruinosus

62. Where was the first-ever confirmed sighting of the Tibetan Brown Bear recorded?
a) South Sikkim
b) East Sikkim
c) West Sikkim
d) North Sikkim

Answer: d) North Sikkim

63. Which organizations were involved in the discovery of the Tibetan Brown Bear in North Sikkim?
a) Greenpeace and Indian Wildlife Federation
b) Sikkim Forest Department and WWF-India
c) National Geographic and Wildlife Conservation Society
d) World Wildlife Fund and UNESCO

Answer: b) Sikkim Forest Department and WWF-India

64. What does the discovery of the Tibetan Brown Bear signify for India’s wildlife conservation?
a) Decline in biodiversity
b) No significant impact
c) Increase in mammal diversity
d) Pollution in the region

Answer: c) Increase in mammal diversity

65. What is another name for the Tibetan Brown Bear?
a) Himalayan Black Bear
b) Grizzly Bear
c) Tibetan Blue Bear
d) Polar Bear

Answer: c) Tibetan Blue Bear

66. What is the primary diet of the Tibetan Brown Bear?
a) Fish and berries
b) Bamboo shoots
c) Marmots and alpine vegetation
d) Ants and termites

Answer: c) Marmots and alpine vegetation

67. How does the Tibetan Brown Bear differ from the Himalayan Black Bear?
a) They have similar appearances
b) Different habitats and behavior
c) Both are herbivores
d) They are the same species

Answer: b) Different habitats and behavior

68. In which altitudes were the rare Tibetan Brown Bears sighted?
a) Low altitudes
b) Coastal areas
c) High altitudes
d) Plains and plateaus

Answer: c) High altitudes

69. What region of Sikkim is mentioned in the discovery of the Tibetan Brown Bear?
a) Southern Sikkim
b) Eastern Sikkim
c) Northern Sikkim
d) Western Sikkim

Answer: c) Northern Sikkim

70. What ecological significance does the discovery highlight?
a) Industrial development
b) Agricultural expansion
c) Ecological richness
d) Deforestation

Answer: c) Ecological richness

71. What is the primary reason for China’s population decline in 2023?

a) Increased immigration
b) Falling birth rate and increased deaths
c) Improved healthcare leading to longer life expectancy
d) Economic recession
Answer: b) Falling birth rate and increased deaths

72. How many years in a row has China experienced a decline in the number of births?

a) Three
b) Five
c) Seven
d) Ten
Answer: c) Seven

73. In 2023, what is China’s total population?

a) 1.2 billion
b) 1.4 billion
c) 1.6 billion
d) 1.8 billion
Answer: b) 1.4 billion

74. Which country has surpassed China as the world’s most populous nation?

a) United States
b) India
c) Brazil
d) Russia
Answer: b) India

75. By how much did deaths increase in 2023 compared to the previous year?

a) 300,000
b) 500,000
c) 690,000
d) 800,000
Answer: c) 690,000

76. What is one of the factors contributing to the significant increase in deaths in 2023?

a) Improved healthcare services
b) Aging population
c) Economic prosperity
d) COVID-19 outbreaks
Answer: d) COVID-19 outbreaks

77. How does the 2023 increase in deaths compare to the previous year?

a) It remained the same
b) It doubled
c) It decreased
d) It tripled
Answer: b) It doubled

78. How many babies were born in China in 2023?

a) 6 million
b) 9 million
c) 12 million
d) 15 million
Answer: b) 9 million

79. What is the primary reason discouraging couples from having more children?

a) Lack of fertility clinics
b) Gender discrimination
c) Government policies
d) High childcare and education costs
Answer: d) High childcare and education costs

80. What is the main factor mentioned regarding uncertainty in the job market?

a) High unemployment rates
b) Rapid technological advancements
c) Job insecurity
d) Lack of job opportunities
Answer: c) Job insecurity

81. Which of the following is NOT mentioned as a factor contributing to China’s demographic crisis?

a) Gender discrimination
b) Increased life expectancy
c) High childcare costs
d) Job market uncertainty
Answer: b) Increased life expectancy

82. What is the main consequence of China’s declining birth rate and increasing deaths?

a) Economic boom
b) Demographic dividend
c) Demographic crisis
d) Population stabilization
Answer: c) Demographic crisis

83. What is the trend in China’s birth rate over the past seven years?

a) Increasing
b) Fluctuating
c) Decreasing
d) Stabilizing
Answer: c) Decreasing

84. How does the 2023 birth rate compare to the total in 2016?

a) It doubled
b) It remained the same
c) It halved
d) It tripled
Answer: c) It halved

85. What factor has led to China falling behind India in terms of population?

a) China’s economic recession
b) India’s economic boom
c) China’s declining birth rate
d) India’s increasing birth rate
Answer: d) India’s increasing birth rate

86. Which country is mentioned as the most populous in 2023?

a) United States
b) India
c) China
d) Brazil
Answer: b) India

87. What is the primary factor contributing to the decline in births according to the passage?

a) Government policies
b) Economic recession
c) COVID-19 restrictions
d) Various societal factors
Answer: d) Various societal factors

88. What role does gender discrimination play in the declining birth rate?

a) Encourages childbirth
b) Discourages childbirth
c) Has no impact
d) Promotes equality
Answer: b) Discourages childbirth

89. How many years has China’s birth rate been falling according to the passage?

a) Five
b) Seven
c) Ten
d) Fifteen
Answer: b) Seven

90. What is the impact of high childcare and education costs on the birth rate?

a) Increases birth rate
b) Has no impact
c) Decreases birth rate
d) Stabilizes birth rate
Answer: c) Decreases birth rate

91. What is the main reason cited by Yemen’s Houthi rebels for intensifying attacks on ships in the Red Sea?
a. Revenge against Iran
b. Revenge against Israel for actions in Gaza
c. Retaliation for US strikes
d. Territorial expansion

Answer: b. Revenge against Israel for actions in Gaza

92. Which countries have launched strikes against Houthi targets in Yemen?
a. Russia and China
b. India and Pakistan
c. US and UK
d. Saudi Arabia and UAE

Answer: c. US and UK

93. What is the primary concern arising from the US and UK strikes against Houthi targets?
a. Economic instability
b. Broader regional conflict
c. Environmental degradation
d. Humanitarian aid shortage

Answer: b. Broader regional conflict

94. What resulted from the 2022 ceasefire in Yemen after six months?
a. Increased diplomatic efforts
b. Permanent end to the conflict
c. Humanitarian aid delivery
d. Lapse and continuation of hostilities

Answer: d. Lapse and continuation of hostilities

95. What has the war in Yemen led to, making it one of the world’s worst crises?
a. Economic prosperity
b. Humanitarian crisis
c. Political stability
d. Population growth

Answer: b. Humanitarian crisis

96. What are the consequences of the war in Yemen?
a. Increased international cooperation
b. Widespread displacement and significant casualties
c. Improved regional relations
d. Reduced global tensions

Answer: b. Widespread displacement and significant casualties

97. What has prompted concerns about a broader regional conflict?
a. Economic factors
b. Humanitarian aid delivery
c. Strikes against Houthi targets
d. Houthi rebels’ attacks on ships

Answer: c. Strikes against Houthi targets

98. When did the 2022 ceasefire in Yemen lapse?
a. After one month
b. After three months
c. After six months
d. After one year

Answer: c. After six months

99. What has proven challenging in bringing a permanent end to the conflict in Yemen?
a. Military superiority
b. Diplomatic efforts
c. Economic sanctions
d. Technological advancements

Answer: b. Diplomatic efforts

100. What is the current status of the conflict in Yemen?
a. Ongoing hostilities
b. Successful resolution
c. Complete ceasefire
d. Limited skirmishes

Answer: a. Ongoing hostilities

101. What is REC Limited’s status as a PSU (Public Sector Unit)?
a) Mini Ratna
b) Navratna
c) Maharatna
d) None of the above

Answer: c) Maharatna

102. REC Limited is primarily associated with which sector?
a) Information Technology
b) Power
c) Healthcare
d) Education

Answer: b) Power

103. In which category did REC Limited receive recognition at the ICAI Awards for Excellence in Financial Reporting for the financial year 2022-23?
a) Banking
b) Insurance
c) Financial Services Sector (Other than Banking and Insurance)
d) Manufacturing

Answer: c) Financial Services Sector (Other than Banking and Insurance)

104. What is the objective of the ICAI Awards for Excellence in Financial Reporting?
a) Promote financial exclusivity
b) Recognize and promote excellence in financial and non-financial reporting
c) Encourage financial secrecy
d) None of the above

Answer: b) Recognize and promote excellence in financial and non-financial reporting

105. Since when has the ICAI Awards for Excellence in Financial Reporting been organized?
a) 1950
b) 1965
c) 1978
d) 1958

Answer: d) 1958

106. Which committee organizes the ICAI Awards for Excellence in Financial Reporting?
a) Institute of Chartered Accountants of India’s Sports Committee
b) Institute of Chartered Accountants of India’s Research Committee
c) Institute of Chartered Accountants of India’s Cultural Committee
d) Institute of Chartered Accountants of India’s Environmental Committee

Answer: b) Institute of Chartered Accountants of India’s Research Committee

107. REC Limited is recognized in the financial services sector, excluding which of the following?
a) Banking
b) Insurance
c) Manufacturing
d) None of the above

Answer: c) Manufacturing

108. What does NBFC stand for in the context of REC Limited?
a) National Bank for Financial Cooperation
b) Non-Banking Financial Company
c) New Banking and Financial Corporation
d) National Business and Finance Consortium

Answer: b) Non-Banking Financial Company

109. Which ministry oversees REC Limited?
a) Ministry of Finance
b) Ministry of Power
c) Ministry of Commerce and Industry
d) Ministry of Home Affairs

Answer: b) Ministry of Power

110. What award did REC Limited receive at the ICAI Awards for Excellence in Financial Reporting?
a) Trophy
b) Certificate
c) Plaque
d) Medal

Answer: c) Plaque

111. The ICAI Awards aim to promote excellence in the preparation and presentation of which type of information?
a) Technical
b) Financial and non-financial
c) Scientific
d) Historical

Answer: b) Financial and non-financial

112. Which financial year was REC Limited recognized for at the ICAI Awards for Excellence in Financial Reporting?
a) 2020-21
b) 2021-22
c) 2022-23
d) 2019-20

Answer: c) 2022-23

113. In which sector does REC Limited operate other than financial services?
a) Telecommunications
b) Agriculture
c) Infrastructure
d) Real Estate

Answer: c) Infrastructure

114. What is the highest status awarded to PSUs like REC Limited?
a) Navratna
b) Mini Ratna
c) Maharatna
d) Platinum PSU

Answer: c) Maharatna

115. Which organization organizes the ICAI Awards for Excellence in Financial Reporting?
a) RBI (Reserve Bank of India)
b) SEBI (Securities and Exchange Board of India)
c) ICAI (Institute of Chartered Accountants of India)
d) IRDAI (Insurance Regulatory and Development Authority of India)

Answer: c) ICAI (Institute of Chartered Accountants of India)

116. In the context of REC Limited, what does the acronym ‘REC’ stand for?
a) Renewable Energy Corporation
b) Rural Electrification Corporation
c) Resource Efficiency Corporation
d) Regulatory Enforcement Corporation

Answer: b) Rural Electrification Corporation

117. What is the primary focus of REC Limited’s activities?
a) Urban Development
b) Rural Electrification
c) Space Exploration
d) Healthcare Services

Answer: b) Rural Electrification

118. Which of the following is NOT a financial sector recognized at the ICAI Awards for Excellence in Financial Reporting?
a) Banking
b) Insurance
c) Manufacturing
d) Financial Services Sector (Other than Banking and Insurance)

Answer: c) Manufacturing

119. What sector does REC Limited fall under?
a) Private Sector
b) Public Sector
c) Government Sector
d) Cooperative Sector

Answer: b) Public Sector

120. Which sector does the ICAI Awards for Excellence in Financial Reporting specifically exclude for REC Limited’s recognition?
a) Banking
b) Insurance
c) Manufacturing
d) Telecommunications

Answer: c) Manufacturing

121. What is the purpose of the ‘Plaque’ awarded to REC Limited at the ICAI Awards for Excellence in Financial Reporting?
a) Symbol of recognition
b) Decorative ornament
c) Financial grant
d) Certificate of participation

Answer: a) Symbol of recognition

122. Which committee has been organizing the ICAI Awards for Excellence in Financial Reporting since 1958?
a) ICAI Awards Committee
b) ICAI Research Committee
c) ICAI Finance Committee
d) ICAI Excellence Committee

Answer: b) ICAI Research Committee

123. REC Limited operates as a leading __________ Company.
a) Banking
b) Insurance
c) Manufacturing
d) Non-Banking Financial

Answer: d) Non-Banking Financial

124. The Ministry of Power oversees REC Limited’s activities in the field of __________.
a) Education
b) Information Technology
c) Power
d) Healthcare

Answer: c) Power

125. What is the primary goal of the ICAI Awards for Excellence in Financial Reporting?
a) Encourage financial secrecy
b) Recognize and promote excellence in reporting
c) Promote financial exclusivity
d) Discourage financial reporting

Answer: b) Recognize and promote excellence in reporting

126. What does ICAI stand for?
a) International Chartered Accountants of India
b) Indian Committee of Accountants and Investors
c) Institute of Chartered Accountants of India
d) Independent Council for Accounting Institutions

Answer: c) Institute of Chartered Accountants of India

127. REC Limited’s recognition at the ICAI Awards was for the financial year __________.
a) 2020-21
b) 2021-22
c) 2022-23
d) 2019-20

Answer: c) 2022-23

128. What is the status of REC Limited as a Maharatna PSU?
a) Established
b) Pending
c) Revoked
d) Confirmed

Answer: a) Established

129. Which sector is specifically excluded from the recognition received by REC Limited at the ICAI Awards?
a) Banking
b) Insurance
c) Manufacturing
d) Infrastructure

Answer: c) Manufacturing

130. REC Limited operates under the Ministry of __________.
a) Finance
b) Power
c) Commerce and Industry
d) Home Affairs

Answer: b) Power

131. What is the aim of the ICAI Awards for Excellence in Financial Reporting?
a) Promote financial exclusivity
b) Recognize and promote excellence in reporting
c) Encourage financial secrecy
d) None of the above

Answer: b) Recognize and promote excellence in reporting

132. In the context of REC Limited, what is the significance of the ‘Plaque’ received at the ICAI Awards?
a) Monetary reward
b) Symbol of excellence
c) Certificate of participation
d) Trophy

Answer: b) Symbol of excellence

133. What is the primary sector of operation for REC Limited other than financial services?
a) Telecommunications
b) Agriculture
c) Infrastructure
d) Real Estate

Answer: c) Infrastructure

134. What type of company is REC Limited in the financial sector?
a) Banking
b) Insurance
c) Manufacturing
d) Non-Banking Financial

Answer: d) Non-Banking Financial

135. What is the highest status awarded to PSUs like REC Limited?
a) Navratna
b) Mini Ratna
c) Maharatna
d) Platinum PSU

Answer: c) Maharatna

136. What organization has been organizing the ICAI Awards for Excellence in Financial Reporting since 1958?
a) RBI (Reserve Bank of India)
b) SEBI (Securities and Exchange Board of India)
c) ICAI (Institute of Chartered Accountants of India)
d) IRDAI (Insurance Regulatory and Development Authority of India)

Answer: c) ICAI (Institute of Chartered Accountants of India)

137. In the context of REC Limited, what does the acronym ‘REC’ stand for?
a) Renewable Energy Corporation
b) Rural Electrification Corporation
c) Resource Efficiency Corporation
d) Regulatory Enforcement Corporation

Answer: b) Rural Electrification Corporation

138. What is the primary focus of REC Limited’s activities?
a) Urban Development
b) Rural Electrification
c) Space Exploration
d) Healthcare Services

Answer: b) Rural Electrification

139. Which of the following is NOT a financial sector recognized at the ICAI Awards for Excellence in Financial Reporting?
a) Banking
b) Insurance
c) Manufacturing
d) Financial Services Sector (Other than Banking and Insurance)

Answer: c) Manufacturing

140. What sector does REC Limited fall under?
a) Private Sector
b) Public Sector
c) Government Sector
d) Cooperative Sector

Answer: b) Public Sector

141. Which sector does the ICAI Awards for Excellence in Financial Reporting specifically exclude for REC Limited’s recognition?
a) Banking
b) Insurance
c) Manufacturing
d) Telecommunications

Answer: c) Manufacturing

142. What is the purpose of the ‘Plaque’ awarded to REC Limited at the ICAI Awards for Excellence in Financial Reporting?
a) Symbol of recognition
b) Decorative ornament
c) Financial grant
d) Certificate of participation

Answer: a) Symbol of recognition

143. Which committee has been organizing the ICAI Awards for Excellence in Financial Reporting since 1958?
a) ICAI Awards Committee
b) ICAI Research Committee
c) ICAI Finance Committee
d) ICAI Excellence Committee

Answer: b) ICAI Research Committee

144. REC Limited operates as a leading __________ Company.
a) Banking
b) Insurance
c) Manufacturing
d) Non-Banking Financial

Answer: d) Non-Banking Financial

145. The Ministry of Power oversees REC Limited’s activities in the field of __________.
a) Education
b) Information Technology
c) Power
d) Healthcare

Answer: c) Power

146. What is the primary goal of the ICAI Awards for Excellence in Financial Reporting?
a) Encourage financial secrecy
b) Recognize and promote excellence in reporting
c) Promote financial exclusivity
d) Discourage financial reporting

Answer: b) Recognize and promote excellence in reporting

147. What does ICAI stand for?
a) International Chartered Accountants of India
b) Indian Committee of Accountants and Investors
c) Institute of Chartered Accountants of India
d) Independent Council for Accounting Institutions

Answer: c) Institute of Chartered Accountants of India

148. REC Limited’s recognition at the ICAI Awards was for the financial year __________.
a) 2020-21
b) 2021-22
c) 2022-23
d) 2019-20

Answer: c) 2022-23

149. What is the status of REC Limited as a Maharatna PSU?
a) Established
b) Pending
c) Revoked
d) Confirmed

Answer: a) Established

150. Which sector is specifically excluded from the recognition received by REC Limited at the ICAI Awards?
a) Banking
b) Insurance
c) Manufacturing
d) Infrastructure

Answer: c) Manufacturing