Daily UPSC Current Quiz : 23 July 2026

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Daily UPSC Current Quiz : 23 July 2026

Consider the following statements regarding the Exchange Stabilization Fund (ESF):

  1. It is an emergency reserve fund managed directly by the U.S. Department of the Treasury.
  2. The deployment of funds from the ESF requires prior legislative approval and a mandatory vote by the U.S. Congress.
  3. It has historically been utilized to provide emergency foreign exchange support and short-term loans to foreign governments.

Which of the statements given above is/are correct?

With reference to the National Testing Agency (NTA) in India, consider the following statements:

  1. It is a statutory body established directly under an Act of the Indian Parliament.
  2. It functions as an autonomous, self-sustained testing organization to conduct entrance examinations for higher educational institutions.
  3. Its mandate includes conducting central recruitment examinations for all public sector undertakings and civil services.

Which of the statements given above is/are correct?

In the context of stock market indices, what does “free-float market capitalization” refer to?

 

Consider the following statements regarding the Ahimsa Investment Movement (AIM) framework and related indices:

  1. The framework categorizes companies based on their compliance with animal welfare and non-violence principles.
  2. Companies engaged in industries like leather, dairy, poultry, and pharmaceutical animal testing are strictly excluded from the green compliant band of the index.
  3. Most commercial banks and NBFCs are automatically included in such indices due to their zero direct manufacturing footprint.

Which of the statements given above is/are correct?

Consider the following statements regarding the Societies Registration Act, 1860:

  1. It is a central legislation in India that provides for the legal registration of literary, scientific, charitable, and public art societies.
  2. Under this Act, a registered society acquires the status of a distinct legal corporate entity automatically with permanent succession and unlimited liability for its members.
  3. The registration process under the Act is typically administered by the respective state governments through their designated Registrar of Societies.

Which of the statements given above is/are correct?

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