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 about National Credit Guarantee Trustee Company Ltd (NCGTC)
- NCGTC is a private limited company incorporated under the Companies Act, 1956.
- NCGTC is a wholly-owned company of the Government of India.
- A 100% guarantee is provided by the NCGTC to Member Lending Institutions under Emergency Credit Line Guarantee Scheme.
Choose the incorrect statements:
Correct
Solution (d)
Statement Analysis
Option d Correct · NCGTC is a private limited company incorporated under the Companies Act, 1956 in 2014, established by the Department of Financial Services, Ministry of Finance, as a wholly owned company of the Government of India, to act as a common trustee company for multiple credit guarantee funds. · ECLGS was rolled out in 2020 as part of the Centre’s Aatmanirbhar package in response to the Covid-19 crisis.
· The objective was to support small businesses struggling to meet their operational liabilities due to the imposition of a nationwide lockdown.
· A 100% guarantee is provided by the National Credit Guarantee Trustee Company (NCGTC) to Member Lending Institutions (MLIs) – banks, financial institutions and Non-Banking Financial Companies (NBFCs).
Context: In an indication of the continuing distress in the MSME sector, one in every six loans disbursed under the ECLG Scheme launched as part of the Covid-19 relief package in May 2020 has turned bad in just 27 months.
Incorrect
Solution (d)
Statement Analysis
Option d Correct · NCGTC is a private limited company incorporated under the Companies Act, 1956 in 2014, established by the Department of Financial Services, Ministry of Finance, as a wholly owned company of the Government of India, to act as a common trustee company for multiple credit guarantee funds. · ECLGS was rolled out in 2020 as part of the Centre’s Aatmanirbhar package in response to the Covid-19 crisis.
· The objective was to support small businesses struggling to meet their operational liabilities due to the imposition of a nationwide lockdown.
· A 100% guarantee is provided by the National Credit Guarantee Trustee Company (NCGTC) to Member Lending Institutions (MLIs) – banks, financial institutions and Non-Banking Financial Companies (NBFCs).
Context: In an indication of the continuing distress in the MSME sector, one in every six loans disbursed under the ECLG Scheme launched as part of the Covid-19 relief package in May 2020 has turned bad in just 27 months.
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Question 2 of 5
2. Question
Consider the following statements about QRSAM system
- It is a long range surface-to-air missile (SAM) system.
- QRSAM has a fully automated Command and Control System.
- It is primarily designed to provide a protective shield to moving armoured columns of the Army from enemy aerial attacks.
Choose the correct statements:
Correct
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 2 Incorrect Correct Correct · Quick Reaction Surface-to-Air Missile system (QRSAM) · It is a short range surface-to-air missile (SAM) system
· The QRSAM weapon ensemble which functions on the move consists of a fully automated command and control system. · It is primarily designed and developed by DRDO to provide a protective shield to moving armoured columns of the Army from enemy aerial attacks. · The entire weapon system has been configured on a mobile and manoeuvrable platform and is capable of providing air defence on the move.
· It has been designed for induction into the Army and has a range of 25 to 30 km.
Context: Indian Army and DRDO conducted six flight tests of the Quick Reaction Surface to Air Missile (QRSAM) system off the Odisha coast.
Incorrect
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 2 Incorrect Correct Correct · Quick Reaction Surface-to-Air Missile system (QRSAM) · It is a short range surface-to-air missile (SAM) system
· The QRSAM weapon ensemble which functions on the move consists of a fully automated command and control system. · It is primarily designed and developed by DRDO to provide a protective shield to moving armoured columns of the Army from enemy aerial attacks. · The entire weapon system has been configured on a mobile and manoeuvrable platform and is capable of providing air defence on the move.
· It has been designed for induction into the Army and has a range of 25 to 30 km.
Context: Indian Army and DRDO conducted six flight tests of the Quick Reaction Surface to Air Missile (QRSAM) system off the Odisha coast.
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Question 3 of 5
3. Question
Consider the following statements
- A woman in Engineering, Science, and Technology (WEST) program is an initiative of NITI Aayog to provide a separate platform to scientifically inclined women researchers and scientists.
- Indian Science Technology and Engineering facilities Map (I-STEM) is a National Web portal for sharing Research and Development facilities.
Choose the correct statements:
Correct
Solution (b)
Statement Analysis
Statement 1 Statement 2 Incorrect Correct · The WEST programme will cater to women with a Science, Technology, Engineering, and Mathematics (STEM) background and empower them to contribute to the science, technology, and innovation ecosystem. · Through the WEST initiative, I-STEM shall provide a separate platform to scientifically inclined women researchers, scientists, and technologists for pursuing research in basic or applied sciences in frontier areas of science and engineering.
· I-STEM is a National Web portal for sharing R&D (Research and Development) facilities. · The portal facilitates researchers to access slots for the use of equipment, as well as to share the details of the outcomes, such as patents, publications and technologies.
Context: Recently, a new Indian Science Technology and Engineering facilities Map (I-STEM) initiative called “Women in Engineering, Science, and Technology (WEST)” was launched.
Incorrect
Solution (b)
Statement Analysis
Statement 1 Statement 2 Incorrect Correct · The WEST programme will cater to women with a Science, Technology, Engineering, and Mathematics (STEM) background and empower them to contribute to the science, technology, and innovation ecosystem. · Through the WEST initiative, I-STEM shall provide a separate platform to scientifically inclined women researchers, scientists, and technologists for pursuing research in basic or applied sciences in frontier areas of science and engineering.
· I-STEM is a National Web portal for sharing R&D (Research and Development) facilities. · The portal facilitates researchers to access slots for the use of equipment, as well as to share the details of the outcomes, such as patents, publications and technologies.
Context: Recently, a new Indian Science Technology and Engineering facilities Map (I-STEM) initiative called “Women in Engineering, Science, and Technology (WEST)” was launched.
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Question 4 of 5
4. Question
Consider the following statements about Policy on Long-Term Leasing of Railway Land
- Under the policy, the railway land can be now leased for cargo-related activities for up to 50 years.
- The railway land can be now leased for cargo-related activities at 3% of the market value of land per annum.
- The land could be used for setting up social infrastructures and for setting up solar plants.
Choose the correct statements:
Correct
Solution (c)
Statement Analysis
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct · Under the policy, the railway land can be now leased for cargo-related activities for up to 35 years (as against five years earlier) · Under the policy, the railway land can be now leased for cargo-related activities at 1.5% of the market value of land per annum, down from 6% earlier. · Apart from these, land could also be used for setting up social infrastructures such as hospitals in public-private partnership (PPP) mode and for the establishment of schools through Kendriya Vidyalaya Sangathan. In these cases, the land license fee will be barely Re 1 per square meter per annum. · The policy also provides for use of railway land at a nominal cost for setting up solar plants.
Context: The Union Cabinet has approved a policy on long term leasing of Railway Land for implementing the PM Gati Shakti framework.
Incorrect
Solution (c)
Statement Analysis
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct · Under the policy, the railway land can be now leased for cargo-related activities for up to 35 years (as against five years earlier) · Under the policy, the railway land can be now leased for cargo-related activities at 1.5% of the market value of land per annum, down from 6% earlier. · Apart from these, land could also be used for setting up social infrastructures such as hospitals in public-private partnership (PPP) mode and for the establishment of schools through Kendriya Vidyalaya Sangathan. In these cases, the land license fee will be barely Re 1 per square meter per annum. · The policy also provides for use of railway land at a nominal cost for setting up solar plants.
Context: The Union Cabinet has approved a policy on long term leasing of Railway Land for implementing the PM Gati Shakti framework.
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Question 5 of 5
5. Question
Haleakala, a volcanic mountain recently seen in news in located in which of the following island?
Correct
Solution (c)
Option c Correct · The Inouye Solar Telescope has captured an image of the Sun’s chromosphere a resolution of 18 kilometres. · The Daniel K Inouye Solar Telescope (DKIST) is located at the Haleakala Observatory on the Hawaiian island of Maui.
· The DKIST was set up by the US National Science Foundation (NSF).
· According to the NSF, the Inouye Solar Telescope is the most powerful solar telescope in the world.
Haleakalā
· Soaring nearly three kilometers, above the Pacific Ocean, Haleakalā is Maui Island’s largest volcanic mountain.
· Haleakalā is a high-elevation, shield volcano surrounded by ocean.
· This unique geography offers a site 10,023 feet above the clouds, with a clear blue sky and a stable atmosphere that is relatively free of dust.
· It is a near perfect place for solar astronomy.
Context: The Inouye Solar Telescope has captured an image of the Sun’s chromosphere a resolution of 18 kilometres.
Incorrect
Solution (c)
Option c Correct · The Inouye Solar Telescope has captured an image of the Sun’s chromosphere a resolution of 18 kilometres. · The Daniel K Inouye Solar Telescope (DKIST) is located at the Haleakala Observatory on the Hawaiian island of Maui.
· The DKIST was set up by the US National Science Foundation (NSF).
· According to the NSF, the Inouye Solar Telescope is the most powerful solar telescope in the world.
Haleakalā
· Soaring nearly three kilometers, above the Pacific Ocean, Haleakalā is Maui Island’s largest volcanic mountain.
· Haleakalā is a high-elevation, shield volcano surrounded by ocean.
· This unique geography offers a site 10,023 feet above the clouds, with a clear blue sky and a stable atmosphere that is relatively free of dust.
· It is a near perfect place for solar astronomy.
Context: The Inouye Solar Telescope has captured an image of the Sun’s chromosphere a resolution of 18 kilometres.
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