IASbaba Daily Prelims Quiz
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The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative.
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The following Test is based on the syllabus of 60 Days Plan-2019 for UPSC IAS Prelims 2019.
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Question 1 of 5
1. Question
Which of the following statements is/are correct regarding Leadership Group for Industry Transition (LeadIT)?
- LeadIT is a group of countries and companies that are committed to action to achieve the Paris Agreement
- It was launched by the governments of Sweden and India
- It is supported by the World Bank
Select the correct answer using the code given below:
Correct
Solution (a)
Leadership Group for Industry Transition (LeadIT)
Launched by the governments of Sweden and India at the UN Climate Action Summit in September 2019 and is supported by the World Economic Forum.
Objectives – The Leadership Group for Industry Transition gathers countries and companies that are committed to reaching net-zero carbon emissions from industry by 2050.
LeadIT is a group of countries and companies that are committed to action to achieve the Paris Agreement
Article Link:
https://climateinitiativesplatform.org/index.php/Leadership_Group_for_Industry_Transition_(LeadIT)
Incorrect
Solution (a)
Leadership Group for Industry Transition (LeadIT)
Launched by the governments of Sweden and India at the UN Climate Action Summit in September 2019 and is supported by the World Economic Forum.
Objectives – The Leadership Group for Industry Transition gathers countries and companies that are committed to reaching net-zero carbon emissions from industry by 2050.
LeadIT is a group of countries and companies that are committed to action to achieve the Paris Agreement
Article Link:
https://climateinitiativesplatform.org/index.php/Leadership_Group_for_Industry_Transition_(LeadIT)
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Question 2 of 5
2. Question
Consider the following statements with respect to Government Security (G-Sec)
- G-Sec acknowledges the Government’s debt obligation
- G-Secs carry practically no risk of default and, hence, are called risk-free gilt-edged instruments.
Which of the statements given above is/are correct?
Correct
Solution (c)
The government and RBI are working on inclusion of Indian sovereign bonds in global bond indices
The move is expected to attract foreign inflows in the debt market, help the government is its market borrowing programme and keep a check on yields.
A Government Security (G-Sec) is a tradeable instrument issued by the Central Government or the State Governments. It acknowledges the Government’s debt obligation. Such securities are short term (usually called treasury bills, with original maturities of less than one year) or long term (usually called Government bonds or dated securities with original maturity of one year or more). In India, the Central Government issues both, treasury bills and bonds or dated securities while the State Governments issue only bonds or dated securities, which are called the State Development Loans (SDLs). G-Secs carry practically no risk of default and, hence, are called risk-free gilt-edged instruments.
Article Link:
https://rbi.org.in/Scripts/FAQView.aspx?Id=79#1
https://indianexpress.com/article/business/economy/government-securities-global-bond-indices-foreign-inflows-7611924/
Incorrect
Solution (c)
The government and RBI are working on inclusion of Indian sovereign bonds in global bond indices
The move is expected to attract foreign inflows in the debt market, help the government is its market borrowing programme and keep a check on yields.
A Government Security (G-Sec) is a tradeable instrument issued by the Central Government or the State Governments. It acknowledges the Government’s debt obligation. Such securities are short term (usually called treasury bills, with original maturities of less than one year) or long term (usually called Government bonds or dated securities with original maturity of one year or more). In India, the Central Government issues both, treasury bills and bonds or dated securities while the State Governments issue only bonds or dated securities, which are called the State Development Loans (SDLs). G-Secs carry practically no risk of default and, hence, are called risk-free gilt-edged instruments.
Article Link:
https://rbi.org.in/Scripts/FAQView.aspx?Id=79#1
https://indianexpress.com/article/business/economy/government-securities-global-bond-indices-foreign-inflows-7611924/
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Question 3 of 5
3. Question
Mission 2070: A Green New Deal for a Net-Zero India is released by
Correct
Solution (b)
According to Mission 2070: A Green New Deal for a Net-Zero India, the country’s transition to a net-zero economy could create over 50 million jobs and contribute more than $1 trillion in economic impact by 2030 and around $15 trillion by 2070.
It is released by World Economic Forum
Article Link:
https://www.orfonline.org/research/mission-2070-a-green-new-deal-for-a-net-zero-india/
Incorrect
Solution (b)
According to Mission 2070: A Green New Deal for a Net-Zero India, the country’s transition to a net-zero economy could create over 50 million jobs and contribute more than $1 trillion in economic impact by 2030 and around $15 trillion by 2070.
It is released by World Economic Forum
Article Link:
https://www.orfonline.org/research/mission-2070-a-green-new-deal-for-a-net-zero-india/
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Question 4 of 5
4. Question
PNS Tughril, the largest and most technologically-advanced warship is constructed by and delivered to which of the following nation?
Correct
Solution (b)
PNS Tughril is the first hull of four Type 054 frigates that are being designed and constructed for the Pakistan Navy by the China State Shipbuilding Corporation Limited (CSSC). Tughril is the largest and most advanced warship from Beijing to Islamabad.
PNS Tughril is the largest and most technologically-advanced warship that China has ever exported. The warship is highly capable with enormous surface-to-surface, surface-to-air and underwater firepower.PNS Tughril is designed and built by China State Ship building Corporation Limited (CSSC) for Pakistan Navy.
Article Link:
https://www.timesnownews.com/international/article/what-is-pns-tughril-largest-and-most-advanced-warship-ever-exported-by-china-that-is-beijings-newest-gift-to-pakistan/830668
Incorrect
Solution (b)
PNS Tughril is the first hull of four Type 054 frigates that are being designed and constructed for the Pakistan Navy by the China State Shipbuilding Corporation Limited (CSSC). Tughril is the largest and most advanced warship from Beijing to Islamabad.
PNS Tughril is the largest and most technologically-advanced warship that China has ever exported. The warship is highly capable with enormous surface-to-surface, surface-to-air and underwater firepower.PNS Tughril is designed and built by China State Ship building Corporation Limited (CSSC) for Pakistan Navy.
Article Link:
https://www.timesnownews.com/international/article/what-is-pns-tughril-largest-and-most-advanced-warship-ever-exported-by-china-that-is-beijings-newest-gift-to-pakistan/830668
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Question 5 of 5
5. Question
Consider the following statements with respect to The Padma Awards:
- The Padma Awards are conferred on the recommendations made by the Padma Awards Committee, which is constituted by the Prime Minister every year.
- The nomination process is open to the public
- Government servants including those working with PSUs, doctors and scientists, are not eligible for these Awards.
Which of the statements given above is/are correct?
Correct
Solution (c)
The Padma Awards are one of the highest civilian honours of India announced annually on the eve of Republic Day.
The Awards are given in three categories: Padma Vibhushan (for exceptional and distinguished service), Padma Bhushan (distinguished service of higher order) and Padma Shri (distinguished service).
The award seeks to recognize achievements in all fields of activities or disciplines where an element of public service is involved.
The Padma Awards are conferred on the recommendations made by the Padma Awards Committee, which is constituted by the Prime Minister every year.
The nomination process is open to the public. Even self-nomination can be made.
All persons without distinction of race, occupation, position or sex are eligible for these awards. However, Government servants including those working with PSUs, except doctors and scientists, are not eligible for these Awards.
Article Link:
Incorrect
Solution (c)
The Padma Awards are one of the highest civilian honours of India announced annually on the eve of Republic Day.
The Awards are given in three categories: Padma Vibhushan (for exceptional and distinguished service), Padma Bhushan (distinguished service of higher order) and Padma Shri (distinguished service).
The award seeks to recognize achievements in all fields of activities or disciplines where an element of public service is involved.
The Padma Awards are conferred on the recommendations made by the Padma Awards Committee, which is constituted by the Prime Minister every year.
The nomination process is open to the public. Even self-nomination can be made.
All persons without distinction of race, occupation, position or sex are eligible for these awards. However, Government servants including those working with PSUs, except doctors and scientists, are not eligible for these Awards.
Article Link:
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