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 ‘Trans Fat’
- They are unsaturated fatty acids that come from either natural or industrial sources
- REPLACE campaign was launched by Food and Agriculture Organization for global-level elimination of trans-fats
Select the correct statement(s)
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect Trans fat, or trans-fatty acids, are unsaturated fatty acids that come from either natural or industrial sources. Naturally-occurring trans-fat comes from ruminants (cows and sheep). Industrially-produced trans-fat is formed in an industrial process that adds hydrogen to vegetable oil converting the liquid into a solid, resulting in “partially hydrogenated” oil (PHO). World Health Organisation launched a REPLACE campaign in 2018 for global-level elimination of trans-fats in industrially produced edible oils by 2023. Foods Standards and Safety Authority of India (FSSAI) launched a “Trans Fat-Free”logo for voluntary labelling to promote TFA-free products. Context – 5 billion people globally exposed to toxic trans-fat linked to heart disease: WHO
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect Trans fat, or trans-fatty acids, are unsaturated fatty acids that come from either natural or industrial sources. Naturally-occurring trans-fat comes from ruminants (cows and sheep). Industrially-produced trans-fat is formed in an industrial process that adds hydrogen to vegetable oil converting the liquid into a solid, resulting in “partially hydrogenated” oil (PHO). World Health Organisation launched a REPLACE campaign in 2018 for global-level elimination of trans-fats in industrially produced edible oils by 2023. Foods Standards and Safety Authority of India (FSSAI) launched a “Trans Fat-Free”logo for voluntary labelling to promote TFA-free products. Context – 5 billion people globally exposed to toxic trans-fat linked to heart disease: WHO
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Question 2 of 5
2. Question
With reference to ‘Emergency Credit Line Guarantee Scheme’, consider the following statements
- The ECLGS aims to provide 100 percent guaranteed coverage to the banks and non-banking financial institutions (NBFCs)
- It is not a demand driven scheme and disbursements are made by lending institutions uniformly based on classification of industry
- National Credit Guarantee Trustee Company Ltd (NCGTC) was set up by the Union Ministry of Finance to manage and provide guarantees to these loans
Choose the correct answer using the code given below
Correct
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Correct The ECLGS aims to provide 100 percent guaranteed coverage to the banks, non-banking financial institutions (NBFCs) and other lending institutions. The idea was to enable these lending institutions to extend emergency credit to business entities that have suffered due to the Covid-19 pandemic and are struggling to meet their working capital requirements. ECLGS is a demand driven scheme. Hence, sanctions/disbursements are made by lending institutions based on assessment of borrower’s requirement and their eligibility. National Credit Guarantee Trustee Company Ltd (NCGTC) has been set up by the Union Ministry of Finance to manage and provide guarantees to these loans. The scheme is under the operational domain of Ministry of Finance, Department of Financial Services (DFS). Context – According to an SBI Research analysis, at least 14.6 lakh micro, small and medium enterprises (MSMEs) accounts were saved due to the Emergency Credit Line Guarantee Scheme (ECLGS).
Incorrect
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Correct The ECLGS aims to provide 100 percent guaranteed coverage to the banks, non-banking financial institutions (NBFCs) and other lending institutions. The idea was to enable these lending institutions to extend emergency credit to business entities that have suffered due to the Covid-19 pandemic and are struggling to meet their working capital requirements. ECLGS is a demand driven scheme. Hence, sanctions/disbursements are made by lending institutions based on assessment of borrower’s requirement and their eligibility. National Credit Guarantee Trustee Company Ltd (NCGTC) has been set up by the Union Ministry of Finance to manage and provide guarantees to these loans. The scheme is under the operational domain of Ministry of Finance, Department of Financial Services (DFS). Context – According to an SBI Research analysis, at least 14.6 lakh micro, small and medium enterprises (MSMEs) accounts were saved due to the Emergency Credit Line Guarantee Scheme (ECLGS).
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Question 3 of 5
3. Question
With reference to ‘Param Vir Chakra’, consider the following statements
- It is India’s highest military decoration awarded posthumously for displaying distinguished acts of valour
- The medal is cast in gold and on a raised circle in the center is the state emblem surrounded by four replicas of Indra’s Vajra
Select the correct statement(s)
Correct
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect It is India’s highest military decoration awarded for the highest degree of valour or self-sacrifice in the presence of the enemy. Till now, only 21 people had been given the Param Vir Chakra award of which 14 are posthumous. The medal was designed by Mrs. Savitri Khanolkar. The designer drew inspiration from sage Dadhichi, a vedic rishi who made the ultimate sacrifice by giving up his body so that the Gods could make a deadly weapon called Vajra or Thunderbolt from his spine. The medal is cast in bronze. In the centre, on a raised circle, is the state emblem, surrounded by four replicas of Indra’s Vajra, flanked by the sword of Shivaji. The decoration is suspended from a straight swiveling suspension bar, and is held by a 32 mm purple ribbon. Context – The Prime Minister recently named the 21 largest unnamed islands of the Andaman & Nicobar Islands after 21 Param Vir Chakra awardees.
Incorrect
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect It is India’s highest military decoration awarded for the highest degree of valour or self-sacrifice in the presence of the enemy. Till now, only 21 people had been given the Param Vir Chakra award of which 14 are posthumous. The medal was designed by Mrs. Savitri Khanolkar. The designer drew inspiration from sage Dadhichi, a vedic rishi who made the ultimate sacrifice by giving up his body so that the Gods could make a deadly weapon called Vajra or Thunderbolt from his spine. The medal is cast in bronze. In the centre, on a raised circle, is the state emblem, surrounded by four replicas of Indra’s Vajra, flanked by the sword of Shivaji. The decoration is suspended from a straight swiveling suspension bar, and is held by a 32 mm purple ribbon. Context – The Prime Minister recently named the 21 largest unnamed islands of the Andaman & Nicobar Islands after 21 Param Vir Chakra awardees.
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Question 4 of 5
4. Question
Consider the following statements with respect to ‘Agreement on Fisheries Subsidies’
- The agreement will prohibit subsidies from being provided for Illegal, Unreported and Unregulated (IUU) fishing, fishing in high seas and overfished stocks
- The Agreement was adopted at the latest Ministerial Conference of the WTO recently held in Bali
- Acceptance of more than half of the WTO members is needed for the agreement to come into effect
Choose the correct answer using the code given below
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Incorrect It will prohibit subsidies from being provided for Illegal, Unreported and Unregulated (IUU) fishing and overfished stocks. The agreement also prohibits providing subsidies for fishing on high seas, which are outside the jurisdiction of coastal countries and Regional Fisheries Management Organizations/ Arrangements. At the 12th Ministerial Conference, held on 12-17 June 2022 in Geneva, WTO members forged an historic Agreement on Fisheries Subsidies, which sets new rules to curb harmful subsidies and protect global fish stocks in a manner that also recognizes the needs of fishers in developing and least-developed countries (LDCs). Acceptance of 2/3rd of WTO members is needed for the agreement to come into effect. It is the 1st WTO agreement (for the environment) and the 2nd agreement reached at WTO since its inception. Context – Switzerland became the first WTO member to formally submit its acceptance of the WTO’s new Agreement on Fisheries Subsidies
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Incorrect It will prohibit subsidies from being provided for Illegal, Unreported and Unregulated (IUU) fishing and overfished stocks. The agreement also prohibits providing subsidies for fishing on high seas, which are outside the jurisdiction of coastal countries and Regional Fisheries Management Organizations/ Arrangements. At the 12th Ministerial Conference, held on 12-17 June 2022 in Geneva, WTO members forged an historic Agreement on Fisheries Subsidies, which sets new rules to curb harmful subsidies and protect global fish stocks in a manner that also recognizes the needs of fishers in developing and least-developed countries (LDCs). Acceptance of 2/3rd of WTO members is needed for the agreement to come into effect. It is the 1st WTO agreement (for the environment) and the 2nd agreement reached at WTO since its inception. Context – Switzerland became the first WTO member to formally submit its acceptance of the WTO’s new Agreement on Fisheries Subsidies
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Question 5 of 5
5. Question
‘BharOS’ recently seen in news is a/an
Correct
Solution(c)
The BharOS is an operating system used in mobile phones. It was developed by JandK Operations Private Limited. IIT Madras was the pioneer in developing the app. There are No Default Apps in the OS. Funded by the Department of Science and Technology (DST), the indigenous mobile operating system wants to cater to the approximately 100 crore mobile phone users in India.
Context – BharOS , a mobile operating system was launched recently
Incorrect
Solution(c)
The BharOS is an operating system used in mobile phones. It was developed by JandK Operations Private Limited. IIT Madras was the pioneer in developing the app. There are No Default Apps in the OS. Funded by the Department of Science and Technology (DST), the indigenous mobile operating system wants to cater to the approximately 100 crore mobile phone users in India.
Context – BharOS , a mobile operating system was launched recently
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