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
- India is a member of the Arctic Council
- India established a research base in the Arctic named IndArc in 2008
- Ministry of Earth Sciences recently released India’s Arctic Policy
Choose the correct answer using the code given below
Correct
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct India has been an Observer nation since 2013 India established a research base named Himadri in Arctic region in 2008. IndArc was deployed in 2014 The Ministry of Earth Science (MoES) released the India’s Arctic policy titled ‘India and the Arctic: building a partnership for sustainable development’ Context – Arctic policy was released.
Incorrect
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct India has been an Observer nation since 2013 India established a research base named Himadri in Arctic region in 2008. IndArc was deployed in 2014 The Ministry of Earth Science (MoES) released the India’s Arctic policy titled ‘India and the Arctic: building a partnership for sustainable development’ Context – Arctic policy was released.
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Question 2 of 5
2. Question
Consider the following statements with respect to ‘Prompt Corrective Action Framework’
- Ministry of Finance initiated the scheme but it is implemented by Reserve Bank of India
- Capital to risk weighted assets ratio, Net non-performing assets, Return on assets are the parameters assessed
- Primary responsibility of recapitalisation of Domestically-Systemically Important banks(D-SIB’S) often devolves on the Government
Select the correct answer using the code given below
Correct
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Incorrect Reserve Bank of India initiated the scheme in 2002 and implements it PCA contains three parameters. They are Capital to risk weighted assets ratio, Net non-performing assets, Return on assets Primary responsibility of recapitalisation of PSBs often devolves on the Government, which is the majority shareholder in these banks. Context – Centre has announced to recapitalise weak Public Sector Banks (PSB)
Incorrect
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Incorrect Reserve Bank of India initiated the scheme in 2002 and implements it PCA contains three parameters. They are Capital to risk weighted assets ratio, Net non-performing assets, Return on assets Primary responsibility of recapitalisation of PSBs often devolves on the Government, which is the majority shareholder in these banks. Context – Centre has announced to recapitalise weak Public Sector Banks (PSB)
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Question 3 of 5
3. Question
With reference to ‘Palladium’, consider the following statements
- It is a rare metal used in the manufacture of catalytic converters and fuel cells
- Russia accounts for more than half of world production in Palladium
Choose the correct statements
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect Palladium is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into harmless substances (nitrogen, carbon dioxide and water vapor). Palladium is a key component of fuel cells, which react hydrogen with oxygen to produce electricity, heat, and water Russia accounted for 40% of world production of Palladium. It is also found in South Africa, Canada and the U.S.A. Context – It was in news due to ongoing Russia-Ukraine War.
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect Palladium is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into harmless substances (nitrogen, carbon dioxide and water vapor). Palladium is a key component of fuel cells, which react hydrogen with oxygen to produce electricity, heat, and water Russia accounted for 40% of world production of Palladium. It is also found in South Africa, Canada and the U.S.A. Context – It was in news due to ongoing Russia-Ukraine War.
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Question 4 of 5
4. Question
World Energy Transition Outlook is released by
Correct
Solution(b)
World Energy transition Outlook 2022 was launched by the International Renewable Energy Agency (IRENA) at the Berlin Energy Transition Dialogue. It sets out priority areas and actions based on available technologies that must be realised by 2030 to achieve net zero emissions by midcentury.
Context – It was launched recently
Incorrect
Solution(b)
World Energy transition Outlook 2022 was launched by the International Renewable Energy Agency (IRENA) at the Berlin Energy Transition Dialogue. It sets out priority areas and actions based on available technologies that must be realised by 2030 to achieve net zero emissions by midcentury.
Context – It was launched recently
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Question 5 of 5
5. Question
Consider the following statements
- Thermobaric bombs are non-precision weapons that are designed to injure or kill human beings indiscriminately over a large area
- Thermobaric bombs are not prohibited by any international law or agreement presently
Select the correct statement(s)
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct Cluster munitions are non-precision weapons that are designed to injure or kill human beings indiscriminately over a large area, and to destroy vehicles and infrastructure. Thermobaric bombs are not prohibited by any international law or agreement presently Context – Russia was accused of using thermobaric bombs
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct Cluster munitions are non-precision weapons that are designed to injure or kill human beings indiscriminately over a large area, and to destroy vehicles and infrastructure. Thermobaric bombs are not prohibited by any international law or agreement presently Context – Russia was accused of using thermobaric bombs
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