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 Securities-Based Lending
- It is the practice of raising a loan by offering your existing investments in stocks/mutual funds/ Exchange-traded funds (ETFs) as collaterals.
- This loan cannot be used for making further security purchases.
Choose the correct statements:
Correct
Solution (c)
Statement Analysis
Statement 1 Statement 2 Correct Correct · It is the practice of raising a loan by offering your existing investments in stocks/mutual funds/ Exchange-traded funds (ETFs) as collaterals. · These kinds of loans are generally offered to high-net-worth individuals by large financial institutions and private banks.
· The loan can then be used for making purchases like real estate or personal items. · This loan cannot be used for making further security purchases.
· Due to the inherent volatility in the nature of stocks/mutual funds, the risk of forced liquidation tends to be very high for these loans.
Context: The Adani Group have recently prepaid loans backed by shares worth $902 million or 7,374 crores to foreign banks and Indian lenders ahead of their maturity in April 2025.
Incorrect
Solution (c)
Statement Analysis
Statement 1 Statement 2 Correct Correct · It is the practice of raising a loan by offering your existing investments in stocks/mutual funds/ Exchange-traded funds (ETFs) as collaterals. · These kinds of loans are generally offered to high-net-worth individuals by large financial institutions and private banks.
· The loan can then be used for making purchases like real estate or personal items. · This loan cannot be used for making further security purchases.
· Due to the inherent volatility in the nature of stocks/mutual funds, the risk of forced liquidation tends to be very high for these loans.
Context: The Adani Group have recently prepaid loans backed by shares worth $902 million or 7,374 crores to foreign banks and Indian lenders ahead of their maturity in April 2025.
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Question 2 of 5
2. Question
Consider the following statements about Abhra Weapon System
- It is a Medium Range Surface to Air Missile.
- It is a high response vertically launched supersonic missile.
- It is a joint venture of DRDO and Israeli Aerospace Industries.
Choose the incorrect statements:
Correct
Solution (c)
Statement Analysis
Statement 1 Statement 2 Statement 3 Correct Correct Correct Medium Range Surface-to-Air Missile: · This weapon system also called the ‘Abhra’ Weapon Systemis a state-of-the-art medium-range air defence weapon system.
· It is a joint venture of DRDO and Israeli Aerospace Industries (IAI) and is produced at Bharat Dynamics Limited (BDL). · It is a high response, quick reaction, vertically launched supersonic missile, designed to neutralize enemy aerial threats – missiles, aircraft, guided bombs, helicopters. · Supersonic missiles exceed the speed of sound (Mach 1) but they are not faster than Mach-3.
Context: Recently, the Indian Navy has carried out a successful test-firing of a Medium Range Surface-to-Air Missile (MRSAM) and a ship-launched version of BrahMos missile.
Incorrect
Solution (c)
Statement Analysis
Statement 1 Statement 2 Statement 3 Correct Correct Correct Medium Range Surface-to-Air Missile: · This weapon system also called the ‘Abhra’ Weapon Systemis a state-of-the-art medium-range air defence weapon system.
· It is a joint venture of DRDO and Israeli Aerospace Industries (IAI) and is produced at Bharat Dynamics Limited (BDL). · It is a high response, quick reaction, vertically launched supersonic missile, designed to neutralize enemy aerial threats – missiles, aircraft, guided bombs, helicopters. · Supersonic missiles exceed the speed of sound (Mach 1) but they are not faster than Mach-3.
Context: Recently, the Indian Navy has carried out a successful test-firing of a Medium Range Surface-to-Air Missile (MRSAM) and a ship-launched version of BrahMos missile.
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Question 3 of 5
3. Question
Which of the following condition is/are the pre-requisite for the development of Hailstorm?
- Highly developed Cumulonimbus clouds
- Strong currents of air ascending through the clouds
- High concentrations of supercooled liquid water
Choose the correct code:
Correct
Solution (a)
Option a Correct About Hailstorm: · Hail is a type of solid rain made up of balls or lumps of ice.
· Storms that produce hail which reaches the ground are known as hailstorms.
· Conditions for Hailstorms to occur:
· Highly developed Cumulonimbus clouds need to be present. These are the massive anvil or mushroom-shaped clouds that are seen during thunderstorms which can reach heights up to 65,000 feet.
· There must be strong currents of air ascending through these clouds. These currents are commonly known as updrafts.
· The clouds will need to contain high concentrations of supercooled liquid water.
How are Hails formed?
· It begins as a water droplet that is swept up by an updraft inside of a thundercloud.
· Other supercooled water droplets which are already present inside the cloud will adhere to the water droplet’s surface, forming layers of ice around
· As the water droplet reaches higher elevations within the cloud, it comes into contact with more and more supercooled particles.
· The hail embryo will grow larger and larger as it reaches higher altitudes in the updraft.
· Finally, it will reach a size and weight where gravity will begin to act on it and pull it down.
Context: The sudden change in the weather conditions in Madhya Pradesh hit the state’s farmers as their crops were damaged due to the heavy rain and hailstorm.
Incorrect
Solution (a)
Option a Correct About Hailstorm: · Hail is a type of solid rain made up of balls or lumps of ice.
· Storms that produce hail which reaches the ground are known as hailstorms.
· Conditions for Hailstorms to occur:
· Highly developed Cumulonimbus clouds need to be present. These are the massive anvil or mushroom-shaped clouds that are seen during thunderstorms which can reach heights up to 65,000 feet.
· There must be strong currents of air ascending through these clouds. These currents are commonly known as updrafts.
· The clouds will need to contain high concentrations of supercooled liquid water.
How are Hails formed?
· It begins as a water droplet that is swept up by an updraft inside of a thundercloud.
· Other supercooled water droplets which are already present inside the cloud will adhere to the water droplet’s surface, forming layers of ice around
· As the water droplet reaches higher elevations within the cloud, it comes into contact with more and more supercooled particles.
· The hail embryo will grow larger and larger as it reaches higher altitudes in the updraft.
· Finally, it will reach a size and weight where gravity will begin to act on it and pull it down.
Context: The sudden change in the weather conditions in Madhya Pradesh hit the state’s farmers as their crops were damaged due to the heavy rain and hailstorm.
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Question 4 of 5
4. Question
Consider the following statements
- A transit anticipatory bail is sought when a case against a person has been filed in a state different from the one in which the person is likely to be arrested.
- The concept of transit anticipatory bail is codified in Indian law of Criminal Procedure Code.
Choose the correct statements:
Correct
Solution (a)
Statement Analysis
Statement 1 Statement 2 Correct Incorrect About Transit Anticipatory Bail: · A transit anticipatory bail is sought when a case against a person has been or is likely to be filed in a state different from the one in which the person is likely to be arrested.
· The purpose of transit bail is to allow the person bail, so they can approach the appropriate court in the state in which the case has been filed for anticipatory bail.
· In the absence of transit anticipatory bail, the result would be that another state’s police could arrest a person from their home state without them having the opportunity to apply for anticipatory bail at all.
· The procedure to be followed in transit anticipatory bail is exactly the same as of any other anticipatory bail application.
· The concept of transit anticipatory bail is not codified in Indian law but has found its identity through judicial practice and legal precedents Context: The Delhi High Court recently granted transit anticipatory bail to a person in an First Information Report (FIR) lodged against him by the Tamil Nadu police.
Incorrect
Solution (a)
Statement Analysis
Statement 1 Statement 2 Correct Incorrect About Transit Anticipatory Bail: · A transit anticipatory bail is sought when a case against a person has been or is likely to be filed in a state different from the one in which the person is likely to be arrested.
· The purpose of transit bail is to allow the person bail, so they can approach the appropriate court in the state in which the case has been filed for anticipatory bail.
· In the absence of transit anticipatory bail, the result would be that another state’s police could arrest a person from their home state without them having the opportunity to apply for anticipatory bail at all.
· The procedure to be followed in transit anticipatory bail is exactly the same as of any other anticipatory bail application.
· The concept of transit anticipatory bail is not codified in Indian law but has found its identity through judicial practice and legal precedents Context: The Delhi High Court recently granted transit anticipatory bail to a person in an First Information Report (FIR) lodged against him by the Tamil Nadu police.
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Question 5 of 5
5. Question
Guindy National Park, recently seen in news in located in?
Correct
Solution (d)
Option d Correct About Guindy National Park: · Guindy is India’s eighth-smallest national park and one of the very few national parks located inside a city.
· It is located in the heart of Chennai’s metropolitan area of Tamil Nadu.
· It is one of the last remnants of the tropical dry evergreen forests of the Coromandel Coast.
· Flora: Tropical dry evergreen forest, Scrub and thorn forests.
· Fauna: Blackbuck, Toddy cat, Civet cat, Jungle cat, Pangolin, Hedgehog, Shrew and black-naped hare etc.
Context: A total of 421 birds of 63 species were spotted during the two-day annual bird census at the Guindy National Park.
Incorrect
Solution (d)
Option d Correct About Guindy National Park: · Guindy is India’s eighth-smallest national park and one of the very few national parks located inside a city.
· It is located in the heart of Chennai’s metropolitan area of Tamil Nadu.
· It is one of the last remnants of the tropical dry evergreen forests of the Coromandel Coast.
· Flora: Tropical dry evergreen forest, Scrub and thorn forests.
· Fauna: Blackbuck, Toddy cat, Civet cat, Jungle cat, Pangolin, Hedgehog, Shrew and black-naped hare etc.
Context: A total of 421 birds of 63 species were spotted during the two-day annual bird census at the Guindy National Park.
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