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 ‘Ballistic Missile Defense (BMD) interceptors’
- It was developed by DRDO and it can be launched from land as well as naval based platforms
- The programme involves Prithvi missile-based Air Defense for low altitudes and Advanced Air Defense system for high-altitude interceptions
Select the correct statement(s)
Correct
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect Development of Phase-I of the land-based BMD was completed by DRDO some time ago but it is yet to be fully deployed operationally. In November last year, the DRDO tested a new long-range flexible interceptor missile called AD-1 for Phase-II of the BMD system. India entered an elite club of nations with the capability to fire a Ballistic Missile Defense (BMD) interceptor from a naval platform. Prior to this, DRDO has successfully demonstrated land-based ballistic missile defence system with capability to neutralize ballistic missile threats The two-tiered BMD program involved Prithvi missile-based Air Defense that can intercept enemy missiles at altitudes of 50 km to 180 km in the first layer. The Pradyumna interceptor has replaced the Prithvi Air Defense BMD already. The second layer under the program is the Advanced Air Defense system for low-altitude interceptions. The Advanced Air Defense system is designed to destroy hostile missiles at 15 km to 40 km altitudes. Context – The DRDO and Indian Navy successfully conducted a maiden flight trial of sea-based endo-atmospheric interceptor missile off the coast of Odisha
Incorrect
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect Development of Phase-I of the land-based BMD was completed by DRDO some time ago but it is yet to be fully deployed operationally. In November last year, the DRDO tested a new long-range flexible interceptor missile called AD-1 for Phase-II of the BMD system. India entered an elite club of nations with the capability to fire a Ballistic Missile Defense (BMD) interceptor from a naval platform. Prior to this, DRDO has successfully demonstrated land-based ballistic missile defence system with capability to neutralize ballistic missile threats The two-tiered BMD program involved Prithvi missile-based Air Defense that can intercept enemy missiles at altitudes of 50 km to 180 km in the first layer. The Pradyumna interceptor has replaced the Prithvi Air Defense BMD already. The second layer under the program is the Advanced Air Defense system for low-altitude interceptions. The Advanced Air Defense system is designed to destroy hostile missiles at 15 km to 40 km altitudes. Context – The DRDO and Indian Navy successfully conducted a maiden flight trial of sea-based endo-atmospheric interceptor missile off the coast of Odisha
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Question 2 of 5
2. Question
With reference to ‘International Fund for Agriculture Development (IFAD)’, consider the following statements
- It is an independent non-profit research institute dedicated to eradicating poverty and hunger in developing countries
- The Enhanced Linkages between Private Sector and Small-Scale Producers (ELPS) initiative was launched by IFAD
Select the correct statement(s)
Correct
Solution (b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct IFAD is an international financial institution and a specialized agency of the United Nations dedicated to eradicating poverty and hunger in rural areas of developing countries. IFAD seeks to empower rural people to increase their food security, improve the nutrition of their families and increase their incomes through funding of grants and low-interest loans to several projects Enhanced Linkages between Private Sector and Small-Scale Producers (ELPS) Initiative is an initiative By IFAD in cooperation with the Ministry of Agriculture, Forestry and Fisheries of Japan. It aims to connect small-scale food producers and marginalised farmer groups in developing countries with larger agrifood companies to facilitate investment, capacity building and trade. Context – IFAD President recently said that IFAD will set up a new framework to facilitate cooperation between small agricultural producers in developing nations and businesses in Japan
Incorrect
Solution (b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct IFAD is an international financial institution and a specialized agency of the United Nations dedicated to eradicating poverty and hunger in rural areas of developing countries. IFAD seeks to empower rural people to increase their food security, improve the nutrition of their families and increase their incomes through funding of grants and low-interest loans to several projects Enhanced Linkages between Private Sector and Small-Scale Producers (ELPS) Initiative is an initiative By IFAD in cooperation with the Ministry of Agriculture, Forestry and Fisheries of Japan. It aims to connect small-scale food producers and marginalised farmer groups in developing countries with larger agrifood companies to facilitate investment, capacity building and trade. Context – IFAD President recently said that IFAD will set up a new framework to facilitate cooperation between small agricultural producers in developing nations and businesses in Japan
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Question 3 of 5
3. Question
‘Calcium Carbide’ seen in the news recently is used in the food industry as a/an
Correct
Solution (c)
Calcium carbide, also known as ‘masala’, is commonly used in mining and metal industries as well as in the production of acetylene gas. It is a highly reactive compound and releases acetylene gas which is used to artificially ripen fruits. However, its use can prove in serious health consequences. The use of calcium carbide, one of the harmful artificial fruit ripening agents, has been prohibited as per the provision in sub-regulation of Food Safety and Standards (Prohibition and Restriction on Sales) Regulation, 2011.
Context – The Food Safety and Standards Authority (FSSAI) of India (FSSAI) on Thursday urged food commissioners of all states and Union Territories (UT) to take action against the unauthorised use of artificial fruit ripening agents.
Incorrect
Solution (c)
Calcium carbide, also known as ‘masala’, is commonly used in mining and metal industries as well as in the production of acetylene gas. It is a highly reactive compound and releases acetylene gas which is used to artificially ripen fruits. However, its use can prove in serious health consequences. The use of calcium carbide, one of the harmful artificial fruit ripening agents, has been prohibited as per the provision in sub-regulation of Food Safety and Standards (Prohibition and Restriction on Sales) Regulation, 2011.
Context – The Food Safety and Standards Authority (FSSAI) of India (FSSAI) on Thursday urged food commissioners of all states and Union Territories (UT) to take action against the unauthorised use of artificial fruit ripening agents.
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Question 4 of 5
4. Question
With reference to ‘Forensic Auditing’, consider the following statements
- It is an analysis and review of the financial records of a company to extract facts which can be used in a court of law
- Forensic audits could also involve situations that do not include financial fraud
- National Stock Exchange of India has released a framework to appoint forensic auditors for assignments relating to the auditing of trading members
Choose the correct answer using the code given below
Correct
Solution (d)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Correct Forensic Auditing is an analysis and review of the financial records of a company or person to extract facts which can be used in a court of law. It is a speciality in the accounting industry, and most major accounting firms have a department of forensic auditing. Forensic audits could also involve situations that do not include financial fraud, such as disputes related to bankruptcy filings, business closures, and divorces. The National Stock Exchange of India has come out with a framework to appoint forensic auditors for assignments relating to the auditing of trading members. According to the statement, the exchange shall define the scope of the audit, timelines for completion, and invite quotations from the auditors who are empanelled with SEBI to conduct the forensic audit. Context – The National Stock Exchange of India recently came out with a framework to appoint forensic auditors for assignments relating to the auditing of trading members.
Incorrect
Solution (d)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Correct Forensic Auditing is an analysis and review of the financial records of a company or person to extract facts which can be used in a court of law. It is a speciality in the accounting industry, and most major accounting firms have a department of forensic auditing. Forensic audits could also involve situations that do not include financial fraud, such as disputes related to bankruptcy filings, business closures, and divorces. The National Stock Exchange of India has come out with a framework to appoint forensic auditors for assignments relating to the auditing of trading members. According to the statement, the exchange shall define the scope of the audit, timelines for completion, and invite quotations from the auditors who are empanelled with SEBI to conduct the forensic audit. Context – The National Stock Exchange of India recently came out with a framework to appoint forensic auditors for assignments relating to the auditing of trading members.
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Question 5 of 5
5. Question
With reference to ‘Economic Advisory Council to the Prime Minister’, consider the following statements
- It is a non-constitutional, non-permanent and independent body constituted to give advice on economic and related issues
- It is headed by a chairperson and consists of five eminent economists as expert members
- The Council cannot take any suo-moto cognizance and has to take reference from the Prime Minister or anyone else
Choose the correct answer using the code given below
Correct
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Incorrect It is a non-constitutional, non-permanent and independent body constituted to give advice on economic and related issues to the Government of India, specifically to the Prime Minister. Terms of Reference of the Council involves analyzing any issue, economic or otherwise, referred to it by the Prime Minister and advising him thereon, addressing issues of macroeconomic importance and presenting views thereon to the Prime Minister. These could be either suo-motu or on reference from the Prime Minister or anyone else. EAC-PM is headed by a Chairperson and consists of eminent economists as members. It is supported in its functions by a team of officials and administrators. There is no fixed definition on the exact number of members and staff of the PMEAC. Context – The Economic Advisory Council to the Prime Minister (EAC-PM) said that there was no evidence that the government catered to only one community
Incorrect
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Incorrect It is a non-constitutional, non-permanent and independent body constituted to give advice on economic and related issues to the Government of India, specifically to the Prime Minister. Terms of Reference of the Council involves analyzing any issue, economic or otherwise, referred to it by the Prime Minister and advising him thereon, addressing issues of macroeconomic importance and presenting views thereon to the Prime Minister. These could be either suo-motu or on reference from the Prime Minister or anyone else. EAC-PM is headed by a Chairperson and consists of eminent economists as members. It is supported in its functions by a team of officials and administrators. There is no fixed definition on the exact number of members and staff of the PMEAC. Context – The Economic Advisory Council to the Prime Minister (EAC-PM) said that there was no evidence that the government catered to only one community
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