IASbaba's Daily Static Quiz
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DAILY STATIC QUIZ (PYQs)
It will cover PYQs all the topics of static subjects – Polity, History, Geography, Economics, Environment and Science and technology.
Daily 5 questions (Monday to Saturday) will be posted from static topics (PYQs)
The questions will be in the quiz format so you will be able to answer them directly on the portal.
Schedule
- Week 1 – Polity
- Week 2 – Economics
- Week 3 – History and Art & Culture
- Week 4 – Geography
- Week 5 – Environment and Science & Technology
Same cycle will be repeated from Week 6.
Make the best use of the initiative. All the best!
To Know More about Ace the Prelims (ATP) 2021 – CLICK HERE
Important Note:
- Don’t forget to post your marks in the comment section. Also, let us know if you enjoyed today’s test 🙂
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Question 1 of 5
1. Question
In a given year in India, official poverty lines are higher in some States than in others because
Correct
Solution (b)
These poverty lines would vary from State to State because of inter-state price differentials
Incorrect
Solution (b)
These poverty lines would vary from State to State because of inter-state price differentials
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Question 2 of 5
2. Question
With reference to land reforms in independent India, which one of the following statements is correct?
Correct
Solution ( )
In order to bring about uniformity, a new policy was evolved in 1971. The Land reform constitutes the most important measures to improve the economic condition of agricultural tenants. The Land reforms program in post-Independence India has evolved through different phases and these includes Abolition of Intermediaries, Tenancy reforms, consolidation of holdings and determination of holdings per family, imposition of ceilings with fewer exemptions, and to distribute surplus land among landless peoples.
Incorrect
Solution ( )
In order to bring about uniformity, a new policy was evolved in 1971. The Land reform constitutes the most important measures to improve the economic condition of agricultural tenants. The Land reforms program in post-Independence India has evolved through different phases and these includes Abolition of Intermediaries, Tenancy reforms, consolidation of holdings and determination of holdings per family, imposition of ceilings with fewer exemptions, and to distribute surplus land among landless peoples.
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Question 3 of 5
3. Question
Consider the following statements:
- Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders fail to repay dues.
- CAR is decided by each individual bank.
Which of the statements given above is/are correct?
Correct
Solution (a)
Capital Adequacy Ratio (CAR) is the ratio of a bank’s capital in relation to its risk weighted assets and current liabilities. It is decided by central banks and bank regulators to prevent commercial banks from taking excess leverage and becoming insolvent in the process.
Incorrect
Solution (a)
Capital Adequacy Ratio (CAR) is the ratio of a bank’s capital in relation to its risk weighted assets and current liabilities. It is decided by central banks and bank regulators to prevent commercial banks from taking excess leverage and becoming insolvent in the process.
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Question 4 of 5
4. Question
Which one of the following links all the ATMs in India
Correct
Solution (c)
National Payments Corporation of India (NPCI) is the apex authority for maintaining a nationwide link of all the ATMs in India. NPCI exercises this role through its wing IDRBT (Institute for Development of Research in Banking Technology).
Incorrect
Solution (c)
National Payments Corporation of India (NPCI) is the apex authority for maintaining a nationwide link of all the ATMs in India. NPCI exercises this role through its wing IDRBT (Institute for Development of Research in Banking Technology).
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Question 5 of 5
5. Question
India enacted the Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to
Correct
Solution (d)
A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. In order to function as a GI, a sign must identify a product as originating in a given place.
India, as a member of the World Trade Organization (WTO), enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999 has come into force with effect from 15th September 2003.
Incorrect
Solution (d)
A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. In order to function as a GI, a sign must identify a product as originating in a given place.
India, as a member of the World Trade Organization (WTO), enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999 has come into force with effect from 15th September 2003.
