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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Question 1 of 5
1. Question
Consider the following statements regarding ‘Mahatma Gandhi National Rural Employment Generation Act (MGNREGA)
- It aims to provide at least 4 months of wage employment in a financial year to do unskilled manual work
- Unemployment allowance is to be provided if work is not given after 15 days of enrolment
Choose the correct statements
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct It aims to enhance livelihood and security in rural areas by providing at least 100 days of wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work If work is not provided within 15 days of applying, applicants are entitled to an unemployment allowance. That is, if the government fails to provide employment, it has to provide certain unemployment allowances to those people. Thus, employment under MGNREGA is a legal entitlement Source: https://www.thehindu.com/news/national/3358-crore-mgnrega-wage-payments-pending-government-tells-rajya-sabha/article38366264.ece
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct It aims to enhance livelihood and security in rural areas by providing at least 100 days of wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work If work is not provided within 15 days of applying, applicants are entitled to an unemployment allowance. That is, if the government fails to provide employment, it has to provide certain unemployment allowances to those people. Thus, employment under MGNREGA is a legal entitlement Source: https://www.thehindu.com/news/national/3358-crore-mgnrega-wage-payments-pending-government-tells-rajya-sabha/article38366264.ece
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Question 2 of 5
2. Question
Consider the following statements regarding ‘Export-Import Bank of India’
- It extends Lines of Credit (LOCs) to overseas financial institutions, regional development banks, sovereign governments
- The Bank was established by the Government of India, under the Banking Regulation Act of 1949
Choose the correct statements
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect Exim Bank extends Lines of Credit (LOCs) to overseas financial institutions, regional development banks, sovereign governments and other entities overseas, to enable buyers in those countries to import developmental and infrastructure projects, equipment, goods and services from India, on deferred credit terms Exim Bank was established by the Government of India, under the Export-Import Bank of India Act, 1981 as a purveyor of export credit, mirroring global Export Credit Agencies Source: https://www.thehindu.com/news/national/exim-bank-sri-lanka-sign-500-million-loan-agreement/article38367026.ece
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect Exim Bank extends Lines of Credit (LOCs) to overseas financial institutions, regional development banks, sovereign governments and other entities overseas, to enable buyers in those countries to import developmental and infrastructure projects, equipment, goods and services from India, on deferred credit terms Exim Bank was established by the Government of India, under the Export-Import Bank of India Act, 1981 as a purveyor of export credit, mirroring global Export Credit Agencies Source: https://www.thehindu.com/news/national/exim-bank-sri-lanka-sign-500-million-loan-agreement/article38367026.ece
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Question 3 of 5
3. Question
Sultanpur National Park which was seen in news recently is located in
Correct
Solution(c)
Sultanpur National Park (Ramsar site) is located at Sultanpur village on Gurugram-Jhajjar highway, 15 km from Gurugram, Haryana and 50 km from Delhi in India.The wetland harbours a rich plant and animal life: it supports more than 220 species of resident, winter migratory and local migratory waterbirds at critical stages of their life cycles.
Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1794784
Incorrect
Solution(c)
Sultanpur National Park (Ramsar site) is located at Sultanpur village on Gurugram-Jhajjar highway, 15 km from Gurugram, Haryana and 50 km from Delhi in India.The wetland harbours a rich plant and animal life: it supports more than 220 species of resident, winter migratory and local migratory waterbirds at critical stages of their life cycles.
Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1794784
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Question 4 of 5
4. Question
Which of the following statement(s) regarding ‘Controller General of Accounts (CGA)’ is/are CORRECT
- CGA formulates policies relating to general principles, form and procedure of accounting for the State Governments
- CGA exercises power under Article 150 of the constitution
- The office comes under the Department of Expenditure in Finance Ministry
Select the appropriate code
Correct
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Correct CGA formulates policies relating to general principles, form and procedure of accounting for the Central and State Governments Under Article 150 of the Constitution, the Annual Appropriation Accounts (Civil) and Union Finance Accounts are submitted to Parliament on the advice of Comptroller and Auditor General of India The Controller General of Accounts (CGA), in the Department of Expenditure, Ministry of Finance, is the Principal Accounting Adviser to Government of India Source: https://www.thehindu.com/opinion/op-ed/creating-jobs-by-increasing-capex/article38367086.ece
Incorrect
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Correct CGA formulates policies relating to general principles, form and procedure of accounting for the Central and State Governments Under Article 150 of the Constitution, the Annual Appropriation Accounts (Civil) and Union Finance Accounts are submitted to Parliament on the advice of Comptroller and Auditor General of India The Controller General of Accounts (CGA), in the Department of Expenditure, Ministry of Finance, is the Principal Accounting Adviser to Government of India Source: https://www.thehindu.com/opinion/op-ed/creating-jobs-by-increasing-capex/article38367086.ece
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Question 5 of 5
5. Question
Consider the following statements
- Jharkhand is the highest producer of coal in India
- India was earlier dependent on coal imports, but has now become self-sufficient in meeting demand for coal
Choose the correct statements
Correct
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect Chhattisgarh is the top producer of coal in India. It is followed by Odisha , Madhya Pradesh and Jharkhand. India produced 716 Million Tonnes of coal in 2020-21 and imported 214 Million Tonnes of coal in the same fiscal Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1794791
Incorrect
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect Chhattisgarh is the top producer of coal in India. It is followed by Odisha , Madhya Pradesh and Jharkhand. India produced 716 Million Tonnes of coal in 2020-21 and imported 214 Million Tonnes of coal in the same fiscal Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1794791
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