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
‘Paris Club’ often seen in news is related to
Correct
Solution(a)
The Paris Club is a group of officials from major creditor countries whose role is to find co-ordinated and sustainable solutions to the payment difficulties experienced by debtor countries. As debtor countries undertake reforms to stabilize and restore their macroeconomic and financial situation, Paris Club creditors provide an appropriate debt treatment.
Context – Paris club suspended Sudan’s debt relief due to coup.
Incorrect
Solution(a)
The Paris Club is a group of officials from major creditor countries whose role is to find co-ordinated and sustainable solutions to the payment difficulties experienced by debtor countries. As debtor countries undertake reforms to stabilize and restore their macroeconomic and financial situation, Paris Club creditors provide an appropriate debt treatment.
Context – Paris club suspended Sudan’s debt relief due to coup.
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Question 2 of 5
2. Question
Consider the following statements with respect to ‘National Initiative for Promoting Upskilling of Nirman workers (NIPUN)’
- It aims to train construction workers through upskilling programmes and provides them with work opportunities in foreign countries also
- The project is a flagship initiative under Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM)
- Quality Council of India will be the Implementation Partner for project NIPUN
Choose the correct answer using the code given below
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Incorrect The initiative aims to train over 1 lakh construction workers, through fresh skilling and upskilling programmes and provides them with work opportunities in foreign countries also. The courses are aligned with National Skills Qualifications Framework (NSQF) and will be imparted at accredited and affiliated training centres. Under NIPUN, it is also envisaged that NSDC will place approximately 12,000 people in foreign countries such as the Kingdom of Saudi Arabia, UAE and other GCC countries. The project NIPUN is an initiative of the Ministry of Housing & Urban Affairs (MoHUA) under its flagship scheme of the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) The National Skill Development Corporation (NSDC), the nodal agency under the Ministry of Skill Development & Entrepreneurship (MSDE), Government of India, will be the Implementation Partner for the project NIPUN. Context – Project NIPUN was launched recently.
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Incorrect The initiative aims to train over 1 lakh construction workers, through fresh skilling and upskilling programmes and provides them with work opportunities in foreign countries also. The courses are aligned with National Skills Qualifications Framework (NSQF) and will be imparted at accredited and affiliated training centres. Under NIPUN, it is also envisaged that NSDC will place approximately 12,000 people in foreign countries such as the Kingdom of Saudi Arabia, UAE and other GCC countries. The project NIPUN is an initiative of the Ministry of Housing & Urban Affairs (MoHUA) under its flagship scheme of the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) The National Skill Development Corporation (NSDC), the nodal agency under the Ministry of Skill Development & Entrepreneurship (MSDE), Government of India, will be the Implementation Partner for the project NIPUN. Context – Project NIPUN was launched recently.
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Question 3 of 5
3. Question
Under ‘Crypto Insurance’ for individuals, which of the following benefits are generally covered?
- Hacks or crypto thefts
- Direct hardware loss or damage
- Cryptocurrency transfer to a third party
- Disruption of the block chain underlying the asset
Choose the correct answer using the code given below
Correct
Solution(d)
Crypto insurances can only cover hacks or crypto thefts. It is designed to cover institutional losses. But it can’t insure you if you fall trapped in a Ponzi scheme which promises high returns with no risks. The crypto insurance policy doesn’t cover direct hardware loss and damage and cryptocurrency transfer to a third party. Additionally, it won’t be able to protect against the disruption of the blockchain underlying the asset.
Context – Crypto insurance was in news
Incorrect
Solution(d)
Crypto insurances can only cover hacks or crypto thefts. It is designed to cover institutional losses. But it can’t insure you if you fall trapped in a Ponzi scheme which promises high returns with no risks. The crypto insurance policy doesn’t cover direct hardware loss and damage and cryptocurrency transfer to a third party. Additionally, it won’t be able to protect against the disruption of the blockchain underlying the asset.
Context – Crypto insurance was in news
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Question 4 of 5
4. Question
Consider the following statements regarding appointment of Chief Justices of High Courts
- The Chief Justice of India in consultation with the two senior most Judges of the Supreme Court recommends the name of Chief Justice of High Court to the President of India
- The President of India appoints the Chief Justice of the High Court on the advice of the Prime Minister
Select the correct statement(s)
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct The Chief Justice of India would send his recommendation for the appointment of a puisne Judge of the High Court as Chief Justice of that High Court or of another High Court, in consultation with the two senior- most Judges of the Supreme Court. The views of the Judges of the Supreme Court thus consulted would then be sent by the Chief Justice of India alongwith his proposal, to the Union Minister of Law, Justice and Company Affairs. After receipt of the recommendation of the Chief Justice of India, the Union Minister of Law, Justice and Company Affairs would obtain the views of the concerned State Government. After receipt of the views of the State Government, the Union Minister of Law, Justice and Company Affairs, will submit proposals to the Prime Minister, who will then advise the President as to the selection. Context – Centre notified appointment of six High Court chief justices.
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct The Chief Justice of India would send his recommendation for the appointment of a puisne Judge of the High Court as Chief Justice of that High Court or of another High Court, in consultation with the two senior- most Judges of the Supreme Court. The views of the Judges of the Supreme Court thus consulted would then be sent by the Chief Justice of India alongwith his proposal, to the Union Minister of Law, Justice and Company Affairs. After receipt of the recommendation of the Chief Justice of India, the Union Minister of Law, Justice and Company Affairs would obtain the views of the concerned State Government. After receipt of the views of the State Government, the Union Minister of Law, Justice and Company Affairs, will submit proposals to the Prime Minister, who will then advise the President as to the selection. Context – Centre notified appointment of six High Court chief justices.
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Question 5 of 5
5. Question
Consider the following statements regarding ‘National Monuments Authority’
- It is a statutory body set up under the Ancient Monuments and Archaeological Sites and Remains AMASR (Amendment and Validation) Act
- It is the only authority for granting permission related to construction work in the prohibited and regulated area around centrally protected monuments
Select the correct statement(s)
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect National Monuments Authority (NMA) under the Ministry of Culture, Govt. of India has been setup as per provisions of The Ancient Monuments and Archaeological Sites and Remains AMASR (Amendment and Validation) Act, 2010 The NMA and the Competent Authorities (CA) were setup and now all applications for construction related work in the prohibited and regulated area are to be submitted to the CA and then to NMA for consideration of the application. Context – National Monumental Authority (NMA) To Work On Strengthening Rukmini Krishna Yatra Between Arunachal Pradesh And Gujarat.
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect National Monuments Authority (NMA) under the Ministry of Culture, Govt. of India has been setup as per provisions of The Ancient Monuments and Archaeological Sites and Remains AMASR (Amendment and Validation) Act, 2010 The NMA and the Competent Authorities (CA) were setup and now all applications for construction related work in the prohibited and regulated area are to be submitted to the CA and then to NMA for consideration of the application. Context – National Monumental Authority (NMA) To Work On Strengthening Rukmini Krishna Yatra Between Arunachal Pradesh And Gujarat.
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