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 with respect to ‘Lymphatic Filariasis (LF)’
- It is a neglected tropical disease which occurs when filarial parasites are transmitted to humans through mosquitoes
- WHO established Global Programme to Eliminate Lymphatic Filariasis to stop the transmission of infection by preventive chemotherapy to treat the entire at-risk population
Select the correct statement(s)
Correct
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Correct Correct Lymphatic filariasis, commonly known as elephantiasis, is a neglected tropical disease. Infection occurs when filarial parasites are transmitted to humans through mosquitoes. Infection is usually acquired in childhood causing hidden damage to the lymphatic system. WHO launched the Global Programme to Eliminate Lymphatic Filariasis (GPELF) in 2000. The elimination strategy has two components: (1) to stop the spread of infection (interrupting transmission); and (2) to alleviate the suffering of affected populations (controlling morbidity). In order to interrupt transmission, districts in which lymphatic filariasis is endemic must be mapped and a strategy of preventive chemotherapy called mass drug administration (MDA) implemented to treat the entire at-risk population. Context – Union Minister for Health and Family Welfare chaired National Symposium on India’s Roadmap to Eliminate Lymphatic Filariasis (LF)
Incorrect
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Correct Correct Lymphatic filariasis, commonly known as elephantiasis, is a neglected tropical disease. Infection occurs when filarial parasites are transmitted to humans through mosquitoes. Infection is usually acquired in childhood causing hidden damage to the lymphatic system. WHO launched the Global Programme to Eliminate Lymphatic Filariasis (GPELF) in 2000. The elimination strategy has two components: (1) to stop the spread of infection (interrupting transmission); and (2) to alleviate the suffering of affected populations (controlling morbidity). In order to interrupt transmission, districts in which lymphatic filariasis is endemic must be mapped and a strategy of preventive chemotherapy called mass drug administration (MDA) implemented to treat the entire at-risk population. Context – Union Minister for Health and Family Welfare chaired National Symposium on India’s Roadmap to Eliminate Lymphatic Filariasis (LF)
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Question 2 of 5
2. Question
With reference to ‘Financial Services Institutions Bureau (FSIB)’, consider the following statements
- It’s a government body set up under the Department of Financial Services headed by the Union Minister of Finance
- It is entrusted with the appointment of full-time directors and non-executive chairman of state-run financial services institutions
- FSIB will also be involved in formulating and developing business strategies for state-run banks and help them in their fund-raising plans
Choose the correct answer using the code given below
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct Financial Services Institutions Bureau (FSIB) is a government body set up under the Department of Financial Services. FSIB would be headed by a chairman, a central government nominee. The board would comprise the Secretaries of the DFS, the chairman of IRDAI, and a deputy governor of the RBI. Additionally, it will have three part-time members who are experts in banking and three more from the insurance sector. FSIB is entrusted with making recommendations for the appointment of full-time directors and non-executive chairman of state-run financial services institutions. The final decision on the FSIB recommendation would be taken by the Appointments Committee of the Cabinet headed by the Prime Minister. FSIB would also issue guidelines for selecting general managers and directors of public sector general insurance companies. It will also be involved in formulating and developing business strategies for state-run banks and help them in their fund-raising plans. It would also monitor and assess the performance of public sector banks, government-owned financial institutions and insurance companies. Context – FSIB recommended names for MD posts of Bank of Baroda, Bank of India
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct Financial Services Institutions Bureau (FSIB) is a government body set up under the Department of Financial Services. FSIB would be headed by a chairman, a central government nominee. The board would comprise the Secretaries of the DFS, the chairman of IRDAI, and a deputy governor of the RBI. Additionally, it will have three part-time members who are experts in banking and three more from the insurance sector. FSIB is entrusted with making recommendations for the appointment of full-time directors and non-executive chairman of state-run financial services institutions. The final decision on the FSIB recommendation would be taken by the Appointments Committee of the Cabinet headed by the Prime Minister. FSIB would also issue guidelines for selecting general managers and directors of public sector general insurance companies. It will also be involved in formulating and developing business strategies for state-run banks and help them in their fund-raising plans. It would also monitor and assess the performance of public sector banks, government-owned financial institutions and insurance companies. Context – FSIB recommended names for MD posts of Bank of Baroda, Bank of India
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Question 3 of 5
3. Question
Consider the following statements with respect to ‘National Company Law Tribunal’
- NCLT was formed based on the recommendation of the Injeti Srinivas committee on law relating to the insolvency and the winding up of companies
- The Tribunal has the power to control its own procedure and is guided by the principles of natural justice
- NCLT has the power to convert a public limited company into a private limited company
Choose the correct answer using the code given below
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Correct NCLT was formed based on the recommendation of the Balakrishna Eradi committee on law relating to the insolvency and the winding up of companies. National Company Law Tribunal is the adjudicating authority for the insolvency resolution process of companies and limited liability partnerships under the Insolvency and Bankruptcy Code, 2016. The Tribunal and the Appellate Tribunal is bound by the rules laid down in the Code of Civil Procedure and is guided by the principles of natural justice, subject to the other provisions of this Act and of any rules that are made by the Central Government. The Tribunal and the Appellate Tribunal has the power to control its own procedure. NCLT has the following powers: Power to investigate into the ownership of the company, Power to freeze assets of the company, Power to impose restriction on any securities of the company, Conversion of public limited company into private limited company. Context – NCLT allowed ownership transfer of Jet Airways to Jalan-Kalrock consortium
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Correct NCLT was formed based on the recommendation of the Balakrishna Eradi committee on law relating to the insolvency and the winding up of companies. National Company Law Tribunal is the adjudicating authority for the insolvency resolution process of companies and limited liability partnerships under the Insolvency and Bankruptcy Code, 2016. The Tribunal and the Appellate Tribunal is bound by the rules laid down in the Code of Civil Procedure and is guided by the principles of natural justice, subject to the other provisions of this Act and of any rules that are made by the Central Government. The Tribunal and the Appellate Tribunal has the power to control its own procedure. NCLT has the following powers: Power to investigate into the ownership of the company, Power to freeze assets of the company, Power to impose restriction on any securities of the company, Conversion of public limited company into private limited company. Context – NCLT allowed ownership transfer of Jet Airways to Jalan-Kalrock consortium
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Question 4 of 5
4. Question
Consider the following pairs
Species: Conservation status
- Spot-billed Pelican: Near Threatened
- Oriental Darter: Vulnerable
- Nicobar long-tailed Macaque: Endangered
- Indian Skimmers: Least Concern
Which of the pair(s) given above are correctly matched?
Correct
Solution(a)
Spot-billed Pelican Near Threatened Oriental Darter Near Threatened Nicobar long-tailed Macaque Vulnerable Indian Skimmers Endangered Context – The species were in news
Incorrect
Solution(a)
Spot-billed Pelican Near Threatened Oriental Darter Near Threatened Nicobar long-tailed Macaque Vulnerable Indian Skimmers Endangered Context – The species were in news
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Question 5 of 5
5. Question
‘MAARG platform (Mentorship, Advisory, Assistance, Resilience, and Growth)’ is set to be launched under the
Correct
Solution(c)
MAARG PLATFORM is the National Mentorship Platform by Start-up India to help and guide new start-ups to grow and flourish. It is a one-stop platform to facilitate mentorship for start-ups across diverse sectors, functions, stages, geographies, and backgrounds. Nodal Ministry: Launched by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry.
Context – The platform is set to be launched
Incorrect
Solution(c)
MAARG PLATFORM is the National Mentorship Platform by Start-up India to help and guide new start-ups to grow and flourish. It is a one-stop platform to facilitate mentorship for start-ups across diverse sectors, functions, stages, geographies, and backgrounds. Nodal Ministry: Launched by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry.
Context – The platform is set to be launched
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