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 ‘Eurasian Otter’
- It is a semi-aquatic herbivorous mammal inhabiting highland and lowland lakes, swamp forest, rivers and streams
- It is regarded as a flagship species and indicator of high-quality aquatic habitats and classified as ‘Near Threatened’ on the IUCN Red List
Select the correct statement(s)
Correct
Solution (b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct Eurasian Otter is a semi-aquatic carnivorous mammal. It lives in a wide variety of aquatic habitats, including highland and lowland lakes, rivers, streams, marshes, swamp forests, and coastal areas. In the Indian sub-continent, Eurasian otters occur in cold hill and mountain streams. It is regarded as a flagship species and indicator of high-quality aquatic habitats and it is classified as ‘near threatened’ on the IUCN Red List. Context – The first photographic record of an elusive semi-aquatic carnivorous mammal has indicated that not all is lost for a Jammu and Kashmir stream.
Incorrect
Solution (b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct Eurasian Otter is a semi-aquatic carnivorous mammal. It lives in a wide variety of aquatic habitats, including highland and lowland lakes, rivers, streams, marshes, swamp forests, and coastal areas. In the Indian sub-continent, Eurasian otters occur in cold hill and mountain streams. It is regarded as a flagship species and indicator of high-quality aquatic habitats and it is classified as ‘near threatened’ on the IUCN Red List. Context – The first photographic record of an elusive semi-aquatic carnivorous mammal has indicated that not all is lost for a Jammu and Kashmir stream.
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Question 2 of 5
2. Question
With reference to ‘McMahon Line’, consider the following statements
- It is a geographical border between India and China which runs from Kashmir to Uttarakhand bordering Nepal
- It was negotiated between Tibet and Great Britain at the Lhasa Conference in 1914
Select the correct statement(s)
Correct
Solution (d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect The McMahon Line serves as the de facto boundary between China and India in the Eastern Sector. It specifically represents the boundary between Arunachal Pradesh and Tibet, from Bhutan in the west to Myanmar in the east. The McMahon Line was drawn during the Shimla Convention of 1914, officially described as the Convention Between Great Britain, China, and Tibet. The McMahon Line delimited the respective spheres of influence of Tibet and British India in the eastern Himalayan region in what is today India’s Northeast and northern Myanmar. The border in this region was undefined prior to the signing of the convention. Context – A recent bipartisan Senate resolution in the United States recognizes the McMahon Line as the international boundary between China and Arunachal Pradesh.
Incorrect
Solution (d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect The McMahon Line serves as the de facto boundary between China and India in the Eastern Sector. It specifically represents the boundary between Arunachal Pradesh and Tibet, from Bhutan in the west to Myanmar in the east. The McMahon Line was drawn during the Shimla Convention of 1914, officially described as the Convention Between Great Britain, China, and Tibet. The McMahon Line delimited the respective spheres of influence of Tibet and British India in the eastern Himalayan region in what is today India’s Northeast and northern Myanmar. The border in this region was undefined prior to the signing of the convention. Context – A recent bipartisan Senate resolution in the United States recognizes the McMahon Line as the international boundary between China and Arunachal Pradesh.
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Question 3 of 5
3. Question
‘Exercise BOLD Kurukshetra’ is a bilateral military exercise conducted between India and
Correct
Solution (c)
Exercise Bold Kurukshetra is conducted under the ambit of the bilateral arrangement for the joint Army Training and exercises between the Singapore Army and the Indian Army. First conducted in 2005, this exercise underscores the strong and long-standing bilateral defence relationship between both countries and enhances cooperation between the two armies. Both defence establishments also interact regularly through high-level visits, policy dialogues, courses and other professional exchanges.
Context – The Singapore Army and Indian Army participated in the 13th edition of Exercise Bold Kurukshetra, a bilateral armour exercise from 06-13 March 2023 at Jodhpur Military Station, India.
Incorrect
Solution (c)
Exercise Bold Kurukshetra is conducted under the ambit of the bilateral arrangement for the joint Army Training and exercises between the Singapore Army and the Indian Army. First conducted in 2005, this exercise underscores the strong and long-standing bilateral defence relationship between both countries and enhances cooperation between the two armies. Both defence establishments also interact regularly through high-level visits, policy dialogues, courses and other professional exchanges.
Context – The Singapore Army and Indian Army participated in the 13th edition of Exercise Bold Kurukshetra, a bilateral armour exercise from 06-13 March 2023 at Jodhpur Military Station, India.
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Question 4 of 5
4. Question
With reference to ‘Atal Vayo Abhyuday Yojana’, consider the following statements
- It is a central sector scheme implemented by the Ministry of Social Justice and Empowerment
- The scheme has three components for the empowerment of senior citizens namely– Integrated program, state action plan and community action plan
- Grant in aid is provided to NGOs/ Voluntary Organisations (VOs) for maintenance of old age homes under the Integrated Program for Senior Citizens (IPSrC) component
Choose the correct answer using the code given below
Correct
Solution (c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Correct It is a Central Sector Scheme, which is formerly known as National Action Plan for Senior Citizens. The Department of Social Justice and Empowerment, under The Ministry of Social Justice and Empowerment is implementing the scheme It has two components – the Integrated Program for Senior Citizens (IPSrC) and the State Action Plan for Senior Citizens (SAPSrC). IPSRC: It entails setting up homes to improve the quality of life of senior citizens, especially indigent senior citizens for writing basic amenities.
SAPSRC: Each state/union territories expected to frame its own action plan for the welfare of senior citizens.
Under IPSrC component grant in aid is provided to NGOs/ Voluntary Organisations (VOs) for running and maintenance of old age homes, Continuous Care Homes. Context – The Department of Social Justice and Empowerment is implementing Integrated Programme for Senior Citizens (IPSrC), a component of Atal Vayo Abhyuday Yojana.
Incorrect
Solution (c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Correct It is a Central Sector Scheme, which is formerly known as National Action Plan for Senior Citizens. The Department of Social Justice and Empowerment, under The Ministry of Social Justice and Empowerment is implementing the scheme It has two components – the Integrated Program for Senior Citizens (IPSrC) and the State Action Plan for Senior Citizens (SAPSrC). IPSRC: It entails setting up homes to improve the quality of life of senior citizens, especially indigent senior citizens for writing basic amenities.
SAPSRC: Each state/union territories expected to frame its own action plan for the welfare of senior citizens.
Under IPSrC component grant in aid is provided to NGOs/ Voluntary Organisations (VOs) for running and maintenance of old age homes, Continuous Care Homes. Context – The Department of Social Justice and Empowerment is implementing Integrated Programme for Senior Citizens (IPSrC), a component of Atal Vayo Abhyuday Yojana.
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Question 5 of 5
5. Question
Consider the following statements about ‘Domestic Systemically Important Banks (D-SIBs)’
- The Reserve Bank of India (RBI) is required to disclose the names of banks designated as D-SIBs under the D-SIB Framework
- Banks having a minimum share of 2% of the Gross Domestic Product is one of the criteria for being designated as D-SIBs
- D-SIBs have a lesser requirement of common equity requirements as compared to normal banks due to the bank’s size, cross-jurisdictional activities and interconnectedness.
Choose the correct answer using the code given below
Correct
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Incorrect Under the D-SIB framework announced by the Reserve Bank of India (RBI) in 2014, the central bank was required to – Disclose the names of banks designated as D-SIBs, and place them in appropriate buckets depending upon their Systemic Importance Scores (SISs). A sample of banks to be assessed for their systemic importance is decided. All banks are not considered, as burdening smaller banks with onerous data requirements on a regular basis may not be prudent. Banks are selected based on an analysis of their size (based on Basel-III Leverage Ratio Exposure Measure) as a percentage of GDP. Banks having a size beyond 2% of GDP will be selected in the sample. Based on a range of indicators, a composite score of systemic importance is computed for each bank. Depending on the bucket in which a D-SIB is placed, an additional common equity requirement [Common Equity Tier 1 (CET1)] is applicable to it. Tier 1 capital (measured by the capital adequacy ratio (CAR)) is the core measure of a bank’s financial strength from a regulator’s point of view. It means that these banks have to earmark additional capital and provisions to safeguard their operations. Context – India has established Domestic Systemically Important Banks (D-SIBs)/Too-Big-To-Fail banks to protect itself from 2008/SVB-like episodes.
Incorrect
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Incorrect Under the D-SIB framework announced by the Reserve Bank of India (RBI) in 2014, the central bank was required to – Disclose the names of banks designated as D-SIBs, and place them in appropriate buckets depending upon their Systemic Importance Scores (SISs). A sample of banks to be assessed for their systemic importance is decided. All banks are not considered, as burdening smaller banks with onerous data requirements on a regular basis may not be prudent. Banks are selected based on an analysis of their size (based on Basel-III Leverage Ratio Exposure Measure) as a percentage of GDP. Banks having a size beyond 2% of GDP will be selected in the sample. Based on a range of indicators, a composite score of systemic importance is computed for each bank. Depending on the bucket in which a D-SIB is placed, an additional common equity requirement [Common Equity Tier 1 (CET1)] is applicable to it. Tier 1 capital (measured by the capital adequacy ratio (CAR)) is the core measure of a bank’s financial strength from a regulator’s point of view. It means that these banks have to earmark additional capital and provisions to safeguard their operations. Context – India has established Domestic Systemically Important Banks (D-SIBs)/Too-Big-To-Fail banks to protect itself from 2008/SVB-like episodes.
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