Daily Current Affairs Quiz: 02-08-2024

Consider the following statements with regards to India – France relationship:

1. A DRDO office was opened in the French Embassy in 2023 for strengthening technology cooperation.
2. The main imports from France are aviation products, machine equipment, electrical equipment and chemical products.
3. In July 2022, Unified Payments Interface (UPI) was launched from the Eiffel Tower, offering secure and convenient transactions for Indian visitors and NRIs.

How many of these statements is/are correct?

How many of the following sarees have been given the GI (Geographical Indicator) 
tag in India?

1. Uppada Jamdani Sarees
2. Venkatagiri Sarees
3. Mangalagiri Sarees
4. Dharmavaram Handloom Pattu Sarees

Choose the correct code:

Consider the following statements with regards to the VAIBHAV fellowship:

1. The Vaibhav Fellowship, initiated in June 2023, is designed to attract Indian-origin scientists residing abroad for short-term collaborations with Indian institutions.
2. Each selected Vaibhav fellow receives a stipend of ₹5 lakh per month, along with accommodation during their stay in India.
3. Fellows commit to spending a month or two annually in India for a maximum of five years, collaborating with host Indian institutions.

How many of these statements is/are correct?

Consider the following statements with regards to the gallantry awards in India:

1. Post-Independence, the first three gallantry awards namely Param Vir Chakra, Maha Vir Chakra, and Vir Chakra were instituted by the government of India on 26th January 1950 and were deemed to have effect from 15th August 1947.
2. Thereafter, three other gallantry awards — the Ashoka Chakra Class-I, the Ashoka Chakra Class-II, and the Ashoka Chakra Class-III — were instituted in 1952 and were deemed to have effect from 15th August 1947. These awards were renamed Ashoka Chakra, Kirti Chakra, and Shaurya Chakra respectively in January 1967.
3. Order of precedence of these awards is the Param Vir Chakra, the Ashoka Chakra, the Mahavir Chakra, the Kirti Chakra, the Vir Chakra, and the Shaurya Chakra.

How many of these statements is/are correct?

A rise in general level of prices may be caused by 

1. An increase in the money supply
2. A decrease in the aggregate level of output
3. An increase in the effective demand

Select the correct answer using the codes given below.