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 ‘BHARAT (Banks Heralding Accelerated Rural & Agriculture Transformation) campaign’
- It aims to get active involvement and support of members of commercial Banks in the public and private sector
- It is a year-long campaign launched under Pradhan Mantri Jan Dhan Yojana
Select the correct statement(s)
Correct
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect The aim of the campaign is to get active involvement and support of members of commercial Banks in the public and private sector, Regional Rural Banks, Small Finance Banks, NBFCs and select cooperative Banks to promote the Scheme of Agriculture Infrastructure Fund. The Ministry of Agriculture & Farmers Welfare launched the campaign for banks under the Agriculture Infrastructure Fund titled BHARAT. BHARAT is a one month-long Campaign was launched with a target of Rs 7200 crore. Context – Ministry of Agriculture & Farmers Welfare today launched a new campaign for banks under Agri Infra Fund
Incorrect
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect The aim of the campaign is to get active involvement and support of members of commercial Banks in the public and private sector, Regional Rural Banks, Small Finance Banks, NBFCs and select cooperative Banks to promote the Scheme of Agriculture Infrastructure Fund. The Ministry of Agriculture & Farmers Welfare launched the campaign for banks under the Agriculture Infrastructure Fund titled BHARAT. BHARAT is a one month-long Campaign was launched with a target of Rs 7200 crore. Context – Ministry of Agriculture & Farmers Welfare today launched a new campaign for banks under Agri Infra Fund
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Question 2 of 5
2. Question
With reference to ‘Non-Fungible Tokens (NFTs)’, consider the following statements
- They are unique cryptographic tokens that exist on a blockchain and cannot be replicated
- They can represent digital or real-world items alike
- They can be traded and exchanged for money, cryptocurrencies or other NFTs
How many of the statement(s) given above are correct
Correct
Solution (c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Correct Non-Fungible Tokens (NFTs) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. Thus, NFTs are assets that have been tokenized via a blockchain. They are assigned unique identification codes and metadata that distinguish them from other tokens. They can represent digital or real-world items like artwork, photograph, song, video, real estate, individuals’ identities, property rights, and more. NFTs can be traded and exchanged for money, cryptocurrencies, or other NFTs—it all depends on the value the market and owners have placed on them. The term ‘non-fungible’ simply means that each token is different as opposed to a fungible currency such as money (a ten-rupee note can be exchanged for another and so on). Context – Google recently said it will allow developers to offer games on the Play Store where players can buy, sell and earn tokenized digital assets—like non fungible tokens
Incorrect
Solution (c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Correct Non-Fungible Tokens (NFTs) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. Thus, NFTs are assets that have been tokenized via a blockchain. They are assigned unique identification codes and metadata that distinguish them from other tokens. They can represent digital or real-world items like artwork, photograph, song, video, real estate, individuals’ identities, property rights, and more. NFTs can be traded and exchanged for money, cryptocurrencies, or other NFTs—it all depends on the value the market and owners have placed on them. The term ‘non-fungible’ simply means that each token is different as opposed to a fungible currency such as money (a ten-rupee note can be exchanged for another and so on). Context – Google recently said it will allow developers to offer games on the Play Store where players can buy, sell and earn tokenized digital assets—like non fungible tokens
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Question 3 of 5
3. Question
Consider the following statements about ‘Amrit Bharat Station Scheme (ABSS)’
Statement 1 – The scheme envisages development of stations on a continuous basis with a long-term vision
Statement 2 – The scheme shall cater for introduction of new amenities as well as upgradation and replacement of existing amenities
Which one of the following is correct in respect of the above statements?
Correct
Solution (b)
Statement Analysis:
Statement 1 Statement 2 Correct Correct Amrit Bharat Station Scheme (ABSS) envisages development of stations on a continuous basis with a long-term vision. The scheme will subsume all previous redevelopment projects where work is yet to begin. The scheme aims at preparation of Master Plans of the Railway stations and implementation of the Master Plan in phases to enhance the facilities including and beyond the Minimum Essential Amenities. The model envisages low-cost redevelopment of stations which can be executed timely. The scheme shall cater for introduction of new amenities as well as upgradation and replacement of existing amenities. Context – Southern Railway has identified 90 stations for development under the Amrit Bharat Station Scheme (ABSS).
Incorrect
Solution (b)
Statement Analysis:
Statement 1 Statement 2 Correct Correct Amrit Bharat Station Scheme (ABSS) envisages development of stations on a continuous basis with a long-term vision. The scheme will subsume all previous redevelopment projects where work is yet to begin. The scheme aims at preparation of Master Plans of the Railway stations and implementation of the Master Plan in phases to enhance the facilities including and beyond the Minimum Essential Amenities. The model envisages low-cost redevelopment of stations which can be executed timely. The scheme shall cater for introduction of new amenities as well as upgradation and replacement of existing amenities. Context – Southern Railway has identified 90 stations for development under the Amrit Bharat Station Scheme (ABSS).
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Question 4 of 5
4. Question
‘Aspartame’, a substance seen in news recently is mostly used as
Correct
Solution (c)
Aspartame is an artificial non-saccharide sweetener 200 times sweeter than sucrose and is commonly used as a sugar substitute in foods and beverages. It is a methyl ester of the aspartic acid/phenylalanine dipeptide with brand names NutraSweet, Equal, and Canderel. Aspartame is one of the most studied food additives in the human food supply. Reviews by over 100 governmental regulatory bodies found the ingredient safe for consumption at the normal acceptable daily intake (ADI) limit.
Context – A World Health Organization’s (WHO) committee categorised artificial sweetener aspartame as “possibly carcinogenic to humans”.
Incorrect
Solution (c)
Aspartame is an artificial non-saccharide sweetener 200 times sweeter than sucrose and is commonly used as a sugar substitute in foods and beverages. It is a methyl ester of the aspartic acid/phenylalanine dipeptide with brand names NutraSweet, Equal, and Canderel. Aspartame is one of the most studied food additives in the human food supply. Reviews by over 100 governmental regulatory bodies found the ingredient safe for consumption at the normal acceptable daily intake (ADI) limit.
Context – A World Health Organization’s (WHO) committee categorised artificial sweetener aspartame as “possibly carcinogenic to humans”.
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Question 5 of 5
5. Question
Consider the following statements
- France is the oldest Strategic Partner of India
- France is the first country to have signed a civil nuclear pact with India
- India and France have a free trade agreement in place for increased economic cooperation
How many of the statement(s) given above are correct
Correct
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Incorrect India and France have traditionally close and friendly relations. In 1998, the two countries entered into a Strategic Partnership. This Strategic Partnership is the oldest among India’s almost 30 strategic partnerships around the world and one of the few that has been marked by “total convergence”. India and France inked a civil nuclear pact (2008) making France the first country to have such an agreement after the USA India and France don’t have Free Trade Agreement, which limits the potential for increased trade and economic cooperation. Also, there is a trade imbalance in favour of France (France exporting more to India). Context – The PM of India was the Guest of Honour at France’s Bastille Day parade in Paris.
Incorrect
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Incorrect India and France have traditionally close and friendly relations. In 1998, the two countries entered into a Strategic Partnership. This Strategic Partnership is the oldest among India’s almost 30 strategic partnerships around the world and one of the few that has been marked by “total convergence”. India and France inked a civil nuclear pact (2008) making France the first country to have such an agreement after the USA India and France don’t have Free Trade Agreement, which limits the potential for increased trade and economic cooperation. Also, there is a trade imbalance in favour of France (France exporting more to India). Context – The PM of India was the Guest of Honour at France’s Bastille Day parade in Paris.
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