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 Indian National Centre for Ocean Information Services (INCOIS)
- It is a statutory body established under Environment Protection Act, 2016 under the administrative control of Ministry of Earth Sciences.
- UNESCO as designated Indian Tsunami Early Warning Centre, an arm of INCOIS as a Regional Tsunami Service Provider to countries on the Indian Ocean Rim
Choose the incorrect statements:
Correct
Solution (a)
Statement Analysis
Statement 1 Statement 2 Correct Correct · It was established as an autonomous body in 1999 under the Ministry of Earth Sciences (MoES) and is a unit of the Earth System Science Organization (ESSO). · Mandate: To provide the best possible ocean information and advisory services to society, industry, government agencies, and the scientific community through sustained ocean observations and constant improvements through systematic and focussed research.
Activities: · Provides round-the-clock monitoring and warning services for the coastal population on tsunamis, storm surges, high waves, etc. through the in-houseIndian Tsunami Early Warning Centre (ITEWC).
· The Intergovernmental Oceanographic Commission (IOC) of UNESCO designated ITEWC as a Regional Tsunami Service Provider (RTSP) to provide tsunami warnings to countries on the Indian Ocean Rim.
· Provides daily advisories to fisher folk
· Deploys and maintains a suite of Ocean Observing Systems in the Indian Ocean to collect data on various oceanic parameters.
· INCOIS has been designated as the National Oceanographic Data Centre by the International Oceanographic Data Exchange Programme (IODE) of the IOC.
· It serves as the National Argo Data Centre, Regional Argo Data Centre, and also the regional data centre and clearing house for the Indian Ocean region for the Indian Ocean Global Ocean Observing System (IOGOOS) Programme.
Context: Due to its vast economic benefits, it is essential to accurately forecast specific oceanographic parameters, says a recent study by the Indian National Centre for Ocean Information Services (INCOIS).
Incorrect
Solution (a)
Statement Analysis
Statement 1 Statement 2 Correct Correct · It was established as an autonomous body in 1999 under the Ministry of Earth Sciences (MoES) and is a unit of the Earth System Science Organization (ESSO). · Mandate: To provide the best possible ocean information and advisory services to society, industry, government agencies, and the scientific community through sustained ocean observations and constant improvements through systematic and focussed research.
Activities: · Provides round-the-clock monitoring and warning services for the coastal population on tsunamis, storm surges, high waves, etc. through the in-houseIndian Tsunami Early Warning Centre (ITEWC).
· The Intergovernmental Oceanographic Commission (IOC) of UNESCO designated ITEWC as a Regional Tsunami Service Provider (RTSP) to provide tsunami warnings to countries on the Indian Ocean Rim.
· Provides daily advisories to fisher folk
· Deploys and maintains a suite of Ocean Observing Systems in the Indian Ocean to collect data on various oceanic parameters.
· INCOIS has been designated as the National Oceanographic Data Centre by the International Oceanographic Data Exchange Programme (IODE) of the IOC.
· It serves as the National Argo Data Centre, Regional Argo Data Centre, and also the regional data centre and clearing house for the Indian Ocean region for the Indian Ocean Global Ocean Observing System (IOGOOS) Programme.
Context: Due to its vast economic benefits, it is essential to accurately forecast specific oceanographic parameters, says a recent study by the Indian National Centre for Ocean Information Services (INCOIS).
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Question 2 of 5
2. Question
Consider the following statements
- A payment gateway is a software that allows online transactions, while a payment aggregator is the inclusion of all these payment gateways.
- While a payment gateway is an intermediary, the payment aggregator is the interface where the payment gateway processes the transactions.
- Amazon (Pay) India, Google India, Razorpay are the examples for Payment Aggregator.
How many of the statements given above are correct?
Correct
Solution (c)
Statement Analysis
Option c Correct Payment Aggregator (PA): · A PA (also known as a merchant aggregator) is a third-party service provider that allows merchants to accept payments from customers by integrating it into their websites or apps.
· PAs enable their clients to accept various payment methods such as debit cards, credit cards, cardless EMIs, UPI, bank transfers, e-wallets, and e-mandates.
· PA provides a stack of multiple payment methods to merchants so that their customers can payusing their preferred mode of payment.
· Also, a payment aggregator does fund settlement, i.e., it moves the money from banks and other issuing entities to the merchants.
· Similarly, they also enable disbursing payments to various stakeholders, such as partners, employees, suppliers, and authorities.
· It allows merchants to accept bank transfers without setting up a bank-based merchant account. It means a merchant need not have a merchant account directly with the bank.
· A PA in India is incorporated under the Companies Act 2013.
· Since a PA handles funds, it requires a license from the RBI.
· Examples: Amazon (Pay) India, Google India, Razorpay, Pine Labs, etc.
What is a Payment Gateway?
· It is a software service that connects your bank account to the platform where you need to transfer your money.
· It authorizes you to conduct an online transaction through different payment modes like net banking, credit card, debit card, UPI, or other online wallets.
· A Payment gateway plays the role of a third party that securely transfers your money from the bank account to the merchant’s payment portal.
Payment Aggregator v/s Payment Gateway:
· A payment gateway is a software that allows online transactions to take place, while a payment aggregator is the inclusion of all these payment gateways.
· While a payment gateway is an intermediary, the payment aggregator is the interface where the payment gateway processes the transactions.
· Most payment aggregators own payment gateways to offer various exclusive services to their merchant customers.
Context: The Reserve Bank of India (RBI) has floated two consultation papers seeking enhanced regulation of payment aggregators carrying out face-to-face transactions.
Incorrect
Solution (c)
Statement Analysis
Option c Correct Payment Aggregator (PA): · A PA (also known as a merchant aggregator) is a third-party service provider that allows merchants to accept payments from customers by integrating it into their websites or apps.
· PAs enable their clients to accept various payment methods such as debit cards, credit cards, cardless EMIs, UPI, bank transfers, e-wallets, and e-mandates.
· PA provides a stack of multiple payment methods to merchants so that their customers can payusing their preferred mode of payment.
· Also, a payment aggregator does fund settlement, i.e., it moves the money from banks and other issuing entities to the merchants.
· Similarly, they also enable disbursing payments to various stakeholders, such as partners, employees, suppliers, and authorities.
· It allows merchants to accept bank transfers without setting up a bank-based merchant account. It means a merchant need not have a merchant account directly with the bank.
· A PA in India is incorporated under the Companies Act 2013.
· Since a PA handles funds, it requires a license from the RBI.
· Examples: Amazon (Pay) India, Google India, Razorpay, Pine Labs, etc.
What is a Payment Gateway?
· It is a software service that connects your bank account to the platform where you need to transfer your money.
· It authorizes you to conduct an online transaction through different payment modes like net banking, credit card, debit card, UPI, or other online wallets.
· A Payment gateway plays the role of a third party that securely transfers your money from the bank account to the merchant’s payment portal.
Payment Aggregator v/s Payment Gateway:
· A payment gateway is a software that allows online transactions to take place, while a payment aggregator is the inclusion of all these payment gateways.
· While a payment gateway is an intermediary, the payment aggregator is the interface where the payment gateway processes the transactions.
· Most payment aggregators own payment gateways to offer various exclusive services to their merchant customers.
Context: The Reserve Bank of India (RBI) has floated two consultation papers seeking enhanced regulation of payment aggregators carrying out face-to-face transactions.
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Question 3 of 5
3. Question
Consider the following statements about ASEAN Future Forum
- It acts as a platform for ASEAN and its partners to share new ideas and policies shaping the bloc’s development path.
- It was proposed by India at the 20th ASEAN-India Summit, 2023.
Choose the correct statements:
Correct
Solution (a)
Statement Analysis
Statement 1 Statement 2 Correct Incorrect · It acts as a platform for ASEAN and its partners to share new ideas and policy recommendations. · It aimed at creating a common platform for ASEAN member states as well as partner countries and ASEAN people to contribute to promoting and shaping the bloc’s development path.
· ASEAN
· It is a group of the Association of Southeast Asian Nations, which was established in 1967 with the signing of the Bangkok declaration.
· Founding members: Indonesia, Malaysia, Philippines, Singapore and Thailand.
· Presently ASEAN comprises 10 member states namely Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Laos, Myanmar, Cambodia and Vietnam.
· It was proposed by Vietnam at the 43rd ASEAN Summit in 2023. · Theme of the first forum: Toward fast and sustainable growth of a people-centered ASEAN Community.
· It took place in Hanoi,Vietnam.
Context: Recently, India’s External Affairs Minister participated in the First ‘ASEAN Future Forum’.
Incorrect
Solution (a)
Statement Analysis
Statement 1 Statement 2 Correct Incorrect · It acts as a platform for ASEAN and its partners to share new ideas and policy recommendations. · It aimed at creating a common platform for ASEAN member states as well as partner countries and ASEAN people to contribute to promoting and shaping the bloc’s development path.
· ASEAN
· It is a group of the Association of Southeast Asian Nations, which was established in 1967 with the signing of the Bangkok declaration.
· Founding members: Indonesia, Malaysia, Philippines, Singapore and Thailand.
· Presently ASEAN comprises 10 member states namely Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Laos, Myanmar, Cambodia and Vietnam.
· It was proposed by Vietnam at the 43rd ASEAN Summit in 2023. · Theme of the first forum: Toward fast and sustainable growth of a people-centered ASEAN Community.
· It took place in Hanoi,Vietnam.
Context: Recently, India’s External Affairs Minister participated in the First ‘ASEAN Future Forum’.
-
Question 4 of 5
4. Question
Consider the following statements
- The energy density of the lithium-ion battery is relatively higher than sodium-ion battery.
- Sodium-ion battery has operating temperature at lower range so can be used in extreme temperatures without the risk of thermal runaway.
- Lithium-ion battery must be always stored with minimum charge, increasing fire risks.
How many of the statements given above are correct?
Correct
Solution (b)
Statement Analysis
- The energy density of the lithium-ion battery is relatively higher than sodium-ion battery.
Context: South Korean researchers have developed a high power hybrid sodium-ion battery that can be charged in seconds.
Incorrect
Solution (b)
Statement Analysis
- The energy density of the lithium-ion battery is relatively higher than sodium-ion battery.
Context: South Korean researchers have developed a high power hybrid sodium-ion battery that can be charged in seconds.
-
Question 5 of 5
5. Question
“Mission ISHAN” often recently seen in news is related to which of the following?
Correct
Solution (d)
Option d Correct · Currently, Indian airspace is divided into 4 flight information regions (FIRs) – Delhi, Mumbai, Kolkata, and Chennai and a sub-FIR at Guwahati, each managed separately. · ISHAN – Indian Single Sky Harmonized Air Traffic Management at Nagpur.
· Aim – All coordination for domestic flights flying in upper airspace (above 25,000 ft) will be handled by air traffic controllers (ATCOs) in Nagpur.
· It is expected to make air traffic operations more efficient, safer and seamless, enabling it to handle more capacity.
· The move is also expected to benefit the passengers by reducing congestion and flying times.
· FIRs are controlled by a single authority, which is responsible for providing air traffic services as well as alerting services.
· The air traffic controllers (ATCOs) in every region would only be required to guide the flights approaching or taking off from an airport until they enter the upper space.
Context: India has kickstarted the process of unifying its 4 airspace regions into one spanning the entire nation.
Incorrect
Solution (d)
Option d Correct · Currently, Indian airspace is divided into 4 flight information regions (FIRs) – Delhi, Mumbai, Kolkata, and Chennai and a sub-FIR at Guwahati, each managed separately. · ISHAN – Indian Single Sky Harmonized Air Traffic Management at Nagpur.
· Aim – All coordination for domestic flights flying in upper airspace (above 25,000 ft) will be handled by air traffic controllers (ATCOs) in Nagpur.
· It is expected to make air traffic operations more efficient, safer and seamless, enabling it to handle more capacity.
· The move is also expected to benefit the passengers by reducing congestion and flying times.
· FIRs are controlled by a single authority, which is responsible for providing air traffic services as well as alerting services.
· The air traffic controllers (ATCOs) in every region would only be required to guide the flights approaching or taking off from an airport until they enter the upper space.
Context: India has kickstarted the process of unifying its 4 airspace regions into one spanning the entire nation.
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