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 ‘India Semiconductor Mission(ISM)’
- India Semiconductor Mission (ISM) has been setup as an Independent Business Division within Digital India Corporation
- The scheme provides “Product Design Linked Incentive” of up to 50% of the eligible expenditure subject to a ceiling of ₹1 Crore per application
- ISM will also enable collaborations and partnership programs with national and international agencies, industries and institutions for catalyzing collaborative research
Choose the correct answer using the code given below
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Correct India Semiconductor Mission (ISM) has been setup as an Independent Business Division within Digital India Corporation having administrative and financial autonomy to formulate and drive India’s long term strategies for developing semiconductors and display manufacturing facilities and semiconductor design ecosystem. The scheme provides “Product Design Linked Incentive” of up to 50% of the eligible expenditure subject to a ceiling of ₹15 Crore per application and “Deployment Linked Incentive” of 6% to 4% of net sales turnover over 5 years subject to a ceiling of ₹30 Crore per application. ISM will also enable collaborations and partnership programs with national and international agencies, industries and institutions for catalyzing collaborative research, commercialization and skill development. Context – MeiTy set up 17 member advisory committee to guide ISM
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Correct India Semiconductor Mission (ISM) has been setup as an Independent Business Division within Digital India Corporation having administrative and financial autonomy to formulate and drive India’s long term strategies for developing semiconductors and display manufacturing facilities and semiconductor design ecosystem. The scheme provides “Product Design Linked Incentive” of up to 50% of the eligible expenditure subject to a ceiling of ₹15 Crore per application and “Deployment Linked Incentive” of 6% to 4% of net sales turnover over 5 years subject to a ceiling of ₹30 Crore per application. ISM will also enable collaborations and partnership programs with national and international agencies, industries and institutions for catalyzing collaborative research, commercialization and skill development. Context – MeiTy set up 17 member advisory committee to guide ISM
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Question 2 of 5
2. Question
This temple dedicated to Lord Shiva is built in red stone and is a classic example of Kalinga School of Architecture. The temple is divided into Garba Griha, Yajna Shala, Bhoga Mandap and Natya Shala. It signifies the convergence of Shaivism and Vaishnavism sects in Odisha.The temple is
Correct
Solution(d)
Lingaraja Temple is a Hindu temple dedicated to Shiva and is one of the oldest temples in Bhubaneswar, the capital of the Indian state of Odisha, India.The temple is built in the Deula style that has four components namely, vimana (structure containing the sanctum), jagamohana (assembly hall), natamandira (festival hall) and bhoga-mandapa (hall of offerings), with all four in axial alignment with descending height. It signifies the convergence of Shaivism and Vaishnavism sects in Odisha.
Context – Centre opposed Odisha Government’s ordinance for Lingaraj Temple.
Incorrect
Solution(d)
Lingaraja Temple is a Hindu temple dedicated to Shiva and is one of the oldest temples in Bhubaneswar, the capital of the Indian state of Odisha, India.The temple is built in the Deula style that has four components namely, vimana (structure containing the sanctum), jagamohana (assembly hall), natamandira (festival hall) and bhoga-mandapa (hall of offerings), with all four in axial alignment with descending height. It signifies the convergence of Shaivism and Vaishnavism sects in Odisha.
Context – Centre opposed Odisha Government’s ordinance for Lingaraj Temple.
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Question 3 of 5
3. Question
Consider the following statements with respect to ‘United Nations Human Rights Council’
- United Nations General Assembly by a two-thirds majority of the members present and counting may suspend the rights of membership of council of a country
- Absentions do not count and the resolution only requires votes of those present and counting
- Russia became the first country to be suspended from United Nations Human Rights Council
Choose the correct answer using the code given below
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Incorrect United Nations General Assembly by a two-thirds majority of the members present and counting may suspend the rights of membership in the council of a member of the council Absentions do not count and the resolution only requires two-thirds yes/no votes of those present and counting Libya was suspended in 2011 Context – Russia was suspended from UNHRC
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Incorrect United Nations General Assembly by a two-thirds majority of the members present and counting may suspend the rights of membership in the council of a member of the council Absentions do not count and the resolution only requires two-thirds yes/no votes of those present and counting Libya was suspended in 2011 Context – Russia was suspended from UNHRC
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Question 4 of 5
4. Question
With reference to ‘Near Field Communication Technology’, consider the following statements
- NFC transmits data through electromagnetic radio fields to enable communication between two devices
- NFC enabled devices must be physically touching or within a few centimetres from each other for data transfer to occur
Select the correct statement(s)
Correct
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Correct Correct NFC transmits data through electromagnetic radio fields to enable communication between two devices. It is a short range wireless connectivity technology. NFC enabled devices must be physically touching or within a few centimetres from each other for data transfer to occur Context – Google Pay launched a new feature which makes use of NFCT
Incorrect
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Correct Correct NFC transmits data through electromagnetic radio fields to enable communication between two devices. It is a short range wireless connectivity technology. NFC enabled devices must be physically touching or within a few centimetres from each other for data transfer to occur Context – Google Pay launched a new feature which makes use of NFCT
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Question 5 of 5
5. Question
Consider the following statements regarding ‘Zero Coupon Bonds’
- It is a debt security that does not pay interest
- Its value is directly related to the rise in the interest rates
Select the INCORRECT statement(s)
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect A zero-coupon bond, also known as an accrual bond, is a debt security that does not pay interest but instead trades at a deep discount, rendering a profit at maturity, when the bond is redeemed for its full face value. Its value is inversely related to the rise in the interest rates. Context – The Central Board of Direct Taxes (CBDT) has amended the Income Tax rules to allow infrastructure debt funds (IDFs) to issue zero coupon bonds.
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect A zero-coupon bond, also known as an accrual bond, is a debt security that does not pay interest but instead trades at a deep discount, rendering a profit at maturity, when the bond is redeemed for its full face value. Its value is inversely related to the rise in the interest rates. Context – The Central Board of Direct Taxes (CBDT) has amended the Income Tax rules to allow infrastructure debt funds (IDFs) to issue zero coupon bonds.
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