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 ‘National Institute of Urban Affairs (NIUA)’
1. It was established as an autonomous body under the Companies Act
2. It has collaborated with various stakeholders of the society including international organizations
3. The Climate Centre for Cities (C-Cube) is an initiative under NIUA to create synergy across all climate actions being undertaken in Indian citiesChoose the correct answer using the code given below
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Correct NIUA is an institute for research, training and information dissemination in urban development and management. It is located in New Delhi, India. It was established in 1976 as an autonomous body under the Societies Registration Act. Collaboration with all stakeholders—governments, academia, industry, and civil society—is at the core of NIUA’s commitment to transforming India’s urban ecosystem. It also includes international organizations. The Climate Centre for Cities (C-Cube) has been established at NIUA to create synergy across all climate actions being undertaken in Indian cities by various stakeholders. Context – Transforming Urban Landscape in India was released by NIUA
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Correct NIUA is an institute for research, training and information dissemination in urban development and management. It is located in New Delhi, India. It was established in 1976 as an autonomous body under the Societies Registration Act. Collaboration with all stakeholders—governments, academia, industry, and civil society—is at the core of NIUA’s commitment to transforming India’s urban ecosystem. It also includes international organizations. The Climate Centre for Cities (C-Cube) has been established at NIUA to create synergy across all climate actions being undertaken in Indian cities by various stakeholders. Context – Transforming Urban Landscape in India was released by NIUA
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Question 2 of 5
2. Question
‘LaMDA’ a term frequently seen in news is used in the context of
Correct
Solution(b)
LaMDA or Language Models for Dialog Applications is Google’s modern conversational agent enabled with a neural network capable of deep learning. Like BERT, GPT-3 and other language models, LaMDA is built on Transformer, a neural network architecture that Google invented and open-sourced in 2017.
Context – There were concerns raised regarding LaMDA’s capabilities.
Incorrect
Solution(b)
LaMDA or Language Models for Dialog Applications is Google’s modern conversational agent enabled with a neural network capable of deep learning. Like BERT, GPT-3 and other language models, LaMDA is built on Transformer, a neural network architecture that Google invented and open-sourced in 2017.
Context – There were concerns raised regarding LaMDA’s capabilities.
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Question 3 of 5
3. Question
Consider the following statements regarding ‘Sovereign Gold Scheme 2022-23’
- The Sovereign Gold Bonds (SGBs) will be sold through Scheduled Commercial banks including Payment Banks
- It will be restricted for sale to resident individuals, HUFs, Trusts, Universities and Charitable Institutions.
- The interest earned on SGBs shall not be taxable as per the provisions of the Income Tax Act
Choose the correct answer using the code given below
Correct
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Incorrect The Sovereign Gold Bonds (SGBs) will be sold through Scheduled Commercial banks(except Small Finance Banks and Payment Banks), Stock Holding Corporation of India Limited (SHCIL),Clearing Corporation of India Limited (CCIL), designated post offices, and recognised stock exchanges viz., National Stock Exchange of India Limited and Bombay Stock Exchange Limited. The SGBs will be restricted for sale to resident individuals, HUFs, Trusts, Universities and Charitable Institutions. The interest on SGBs shall be taxable as per the provision of Income Tax Act, 1961 (43 of 1961). The capital gains tax arising on redemption of SGB to an individual is exempted. Context – The scheme was launched.
Incorrect
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Incorrect The Sovereign Gold Bonds (SGBs) will be sold through Scheduled Commercial banks(except Small Finance Banks and Payment Banks), Stock Holding Corporation of India Limited (SHCIL),Clearing Corporation of India Limited (CCIL), designated post offices, and recognised stock exchanges viz., National Stock Exchange of India Limited and Bombay Stock Exchange Limited. The SGBs will be restricted for sale to resident individuals, HUFs, Trusts, Universities and Charitable Institutions. The interest on SGBs shall be taxable as per the provision of Income Tax Act, 1961 (43 of 1961). The capital gains tax arising on redemption of SGB to an individual is exempted. Context – The scheme was launched.
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Question 4 of 5
4. Question
Consider the following statements
- The Central Board of RBI is appointed by the Government of India for a period of four years
- The Official Directors of the Central Board of RBI consists of Governor and not more than two Deputy Governors
Select the correct statement(s)
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect The Reserve Bank’s affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act. They are Appointed/nominated for a period of four years Official Directors consist of Governor and not more than four Deputy Governors. Non-Official Directors are nominated by Government which includes ten Directors from various fields and two government Official. Other members are four Directors – one each from four local boards Context – The Central Government has nominated Chairman of Mahindra group Anand Mahindra, TVS Motor’s Chairman Venu Srinivasan, Zydus Lifescience’s Chairman Pankaj Ramanbhai Patel along with IIM Ahmedabad’s ex-faculty Ravindra Dholakia as part-time non-official Directors on the Central Board of Reserve Bank of India.
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect The Reserve Bank’s affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act. They are Appointed/nominated for a period of four years Official Directors consist of Governor and not more than four Deputy Governors. Non-Official Directors are nominated by Government which includes ten Directors from various fields and two government Official. Other members are four Directors – one each from four local boards Context – The Central Government has nominated Chairman of Mahindra group Anand Mahindra, TVS Motor’s Chairman Venu Srinivasan, Zydus Lifescience’s Chairman Pankaj Ramanbhai Patel along with IIM Ahmedabad’s ex-faculty Ravindra Dholakia as part-time non-official Directors on the Central Board of Reserve Bank of India.
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Question 5 of 5
5. Question
Consider the following statements regarding ‘Albinism’
- It is a group of inherited disorders where there is little or no production of the pigment melanin
- Both the parents must carry the gene for their child to have this condition
Select the correct statement(s)
Correct
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Correct Correct It is a group of inherited disorders where there is little or no production of the pigment melanin Both parents must carry the gene for their child to have the condition. Even though the parents carry the gene, they may not show any physical signs of the condition. Context – International Albinism Awareness day was celebrated recently
Incorrect
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Correct Correct It is a group of inherited disorders where there is little or no production of the pigment melanin Both parents must carry the gene for their child to have the condition. Even though the parents carry the gene, they may not show any physical signs of the condition. Context – International Albinism Awareness day was celebrated recently
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