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 Central Pay Commission
- Pay commissions are constituted every five years once by President of India.
- It is mandatory for the government to accept the recommendations of the pay commission.
- The Department of Expenditure under the Ministry of Finance is responsible for the implementation of the recommendations of the commission.
How many of the statements given above are correct?
Correct
Solution (a)
Statement Analysis
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct · Pay commission is a body set up by the Central government that reviews and recommends changes to the salary structure of the employees. This panel also reviews the bonuses, allowances and other benefits of the employees. · History: Pay commissions are usually constituted every 10 years and the first pay commission was set up in 1946. Since Independence, a total of seven pay commissions have been formed.
· The latest pay commission was set up in 2014 and its recommendations came into effect in 2016. · It recommends changes for central government employees and pensioners as well as the defence forces.
· It is not mandatory for the government to accept the recommendations of the pay commission. The government may choose to accept or reject the recommendations.
· The Department of Expenditure under the Ministry of Finance is responsible for the implementation of the recommendations of the Central Pay Commission. Context: The Ministry of Personnel, Public Grievances, and Pensions under the Department of Personnel & Training (Do&PT) has forwarded a letter from the Indian Railways Technical Supervisors’ Association to the Department of Expenditure regarding the formation of the 8th Central Pay Commission for the further action.
Incorrect
Solution (a)
Statement Analysis
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct · Pay commission is a body set up by the Central government that reviews and recommends changes to the salary structure of the employees. This panel also reviews the bonuses, allowances and other benefits of the employees. · History: Pay commissions are usually constituted every 10 years and the first pay commission was set up in 1946. Since Independence, a total of seven pay commissions have been formed.
· The latest pay commission was set up in 2014 and its recommendations came into effect in 2016. · It recommends changes for central government employees and pensioners as well as the defence forces.
· It is not mandatory for the government to accept the recommendations of the pay commission. The government may choose to accept or reject the recommendations.
· The Department of Expenditure under the Ministry of Finance is responsible for the implementation of the recommendations of the Central Pay Commission. Context: The Ministry of Personnel, Public Grievances, and Pensions under the Department of Personnel & Training (Do&PT) has forwarded a letter from the Indian Railways Technical Supervisors’ Association to the Department of Expenditure regarding the formation of the 8th Central Pay Commission for the further action.
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Question 2 of 5
2. Question
Consider the following statements about Small Finance Bank
- Small Finance Banks are registered as public limited company and are licensed under the Banking Regulation, 1949.
- They are specialized banks to provide financial services to low-income individuals and underserved communities.
- They are required to extend 75% of their Adjusted Net Bank Credit to Priority Sector Lending.
How many of the statements given above are correct?
Correct
Solution (c)
Statement Analysis
Statement 1 Statement 2 Statement 3 Correct Correct Correct · SFBs are granted the scheduled bank status after being operational and are deemed suitable under section 42 of the RBI Act, 1934. · Regulation: SFBs are registered as public limited companies under the Companies Act, 2013 and governed by Banking Regulations Act, 1949; RBI Act, 1934 and other relevant Statutes and Directives from time to time.
· SFBs are specialized banks that are licensed by RBI to provide financial services and products to low-income individuals and underserved communities, including microfinance and micro-enterprise services, as well as other basic banking services. Objectives
· To provide financial inclusion to these segments of the population who are often excluded from the traditional banking system.
· SFBs help them to have access to financial products such as small loans, savings, insurance, and other basic banking services.
Norms to be followed by SFBs · Capital to Risk Weighted Assets Ratio: They are required to maintain a minimum CRAR of 15%.
· Priority Sector Lending: They are required to extend 75% of their Adjusted Net Bank Credit to Priority Sector Lending.
· SFBs are required to open at least 25% of their total branches in unbanked rural areas.
· Required paid up capital: The minimum paid-up voting equity capital for small finance banks shall be Rs.200 crore.
Context: The Reserve Bank of India (RBI)-appointed director, recently resigned from the board of Ujjivan Small Finance Bank (SFB).
Incorrect
Solution (c)
Statement Analysis
Statement 1 Statement 2 Statement 3 Correct Correct Correct · SFBs are granted the scheduled bank status after being operational and are deemed suitable under section 42 of the RBI Act, 1934. · Regulation: SFBs are registered as public limited companies under the Companies Act, 2013 and governed by Banking Regulations Act, 1949; RBI Act, 1934 and other relevant Statutes and Directives from time to time.
· SFBs are specialized banks that are licensed by RBI to provide financial services and products to low-income individuals and underserved communities, including microfinance and micro-enterprise services, as well as other basic banking services. Objectives
· To provide financial inclusion to these segments of the population who are often excluded from the traditional banking system.
· SFBs help them to have access to financial products such as small loans, savings, insurance, and other basic banking services.
Norms to be followed by SFBs · Capital to Risk Weighted Assets Ratio: They are required to maintain a minimum CRAR of 15%.
· Priority Sector Lending: They are required to extend 75% of their Adjusted Net Bank Credit to Priority Sector Lending.
· SFBs are required to open at least 25% of their total branches in unbanked rural areas.
· Required paid up capital: The minimum paid-up voting equity capital for small finance banks shall be Rs.200 crore.
Context: The Reserve Bank of India (RBI)-appointed director, recently resigned from the board of Ujjivan Small Finance Bank (SFB).
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Question 3 of 5
3. Question
Consider the following statements about Dooars
- These are the alluvial floodplains in Jammu & Kashmir at the foothills of Western Himalayas.
- The deep, well drained and fertile soil rich in the humus of the Dooars in J&K is well suited for saffron cultivation.
Choose the incorrect statements:
Correct
Solution (c)
Statement Analysis
Statement 1 Statement 2 Incorrect Incorrect Dooars · These are the alluvial floodplains in northeastern India that lie south of the outer foothills of the Himalayas and Brahmaputra plain.
· This region is about 30 km wide and stretches over about 350 km from the Teesta River in West Bengal to the Dhansiri River in Assam.
· The region forms the gateway to Bhutan, Sikkim and Eastern Nepal. There are 18 passages or gateways between the hills in Bhutan and the plains in India.
· This region is divided by the Sankosh River into Eastern and Western Dooars, consisting of an area of 880 km2 . The Western Dooars are also known as the Bengal Dooars, and the Eastern Dooars also as the Assam Dooars.
Significance of Dooars: · The deep, well drained and fertile soil rich in the humus of the Dooars has been used for the developed for the tea plantations.
· The main industry of the Dooars region is the tea industry. Thousands of people are engaged in the tea estates and factories.
Context: This year, 2024, marks 150 years of tea production in the Dooars area, as the first tea plantations in the region were set up in 1874, a few decades after Darjeeling.
Incorrect
Solution (c)
Statement Analysis
Statement 1 Statement 2 Incorrect Incorrect Dooars · These are the alluvial floodplains in northeastern India that lie south of the outer foothills of the Himalayas and Brahmaputra plain.
· This region is about 30 km wide and stretches over about 350 km from the Teesta River in West Bengal to the Dhansiri River in Assam.
· The region forms the gateway to Bhutan, Sikkim and Eastern Nepal. There are 18 passages or gateways between the hills in Bhutan and the plains in India.
· This region is divided by the Sankosh River into Eastern and Western Dooars, consisting of an area of 880 km2 . The Western Dooars are also known as the Bengal Dooars, and the Eastern Dooars also as the Assam Dooars.
Significance of Dooars: · The deep, well drained and fertile soil rich in the humus of the Dooars has been used for the developed for the tea plantations.
· The main industry of the Dooars region is the tea industry. Thousands of people are engaged in the tea estates and factories.
Context: This year, 2024, marks 150 years of tea production in the Dooars area, as the first tea plantations in the region were set up in 1874, a few decades after Darjeeling.
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Question 4 of 5
4. Question
Consider the following statements about NOTA (None of the Above)
- It was introduced into the electoral process following the 2013 Supreme Court directive in Ashwini Kumar Upadhyay vs. Union of India
- NOTA empower the electors to express their negative opinions and a lack of support for the contenders.
Choose the correct statements:
Correct
Solution (b)
Statement Analysis
Statement 1 Statement 2 Incorrect Correct NOTA (None of the Above) · It is a ballot option that a voter can choose to apply for instead of giving their vote to anyof the contesting candidates.
When was it first used?
· NOTA was used for the first time in the 2013 Assembly elections in five states-Chhattisgarh, Mizoram, Rajasthan, Delhi, and Madhya Pradesh-and later in the 2014 General Elections.
· It was introduced into the electoral process following the 2013 Supreme Court directive in the PUCL versus Union of India case.
· NOTA empowers the electors to express their negative opinions and a lack of support for the contenders. · It gives them the right to reject while maintaining the secrecy of their decision.
Does NOTA Vote Count?
· The Election Commission clarified that votes cast as NOTA are counted, but are considered ‘invalid votes’.
· Even if NOTA votes get the most number of votes in a constituency, the next candidate with the second-most number of votes is declared the winner.
· Therefore, votes made to NOTA will not change the outcome of the election.
Context: The Supreme Court recently issued a notice to the Election Commission on a plea calling for fresh elections in a constituency where the ’none of the above’ option on the EVM gets the maximum votes.
Incorrect
Solution (b)
Statement Analysis
Statement 1 Statement 2 Incorrect Correct NOTA (None of the Above) · It is a ballot option that a voter can choose to apply for instead of giving their vote to anyof the contesting candidates.
When was it first used?
· NOTA was used for the first time in the 2013 Assembly elections in five states-Chhattisgarh, Mizoram, Rajasthan, Delhi, and Madhya Pradesh-and later in the 2014 General Elections.
· It was introduced into the electoral process following the 2013 Supreme Court directive in the PUCL versus Union of India case.
· NOTA empowers the electors to express their negative opinions and a lack of support for the contenders. · It gives them the right to reject while maintaining the secrecy of their decision.
Does NOTA Vote Count?
· The Election Commission clarified that votes cast as NOTA are counted, but are considered ‘invalid votes’.
· Even if NOTA votes get the most number of votes in a constituency, the next candidate with the second-most number of votes is declared the winner.
· Therefore, votes made to NOTA will not change the outcome of the election.
Context: The Supreme Court recently issued a notice to the Election Commission on a plea calling for fresh elections in a constituency where the ’none of the above’ option on the EVM gets the maximum votes.
-
Question 5 of 5
5. Question
Which of the following statement is incorrect with respect to Artemis Accords
Correct
Solution (b)
Option b Correct · Artemis Accords are established by the U.S. State Department and NASA with seven other founding members: Australia, Canada, Italy, Japan, Luxembourg, the United Arab Emirates, and the United Kingdom in 2020 for setting common principles to govern civil exploration and use of outer space, the moon, Mars, comets, and asteroids, for peaceful purposes. · The Artemis Accords are a series of non-binding arrangements aimed at setting down norms to be followed in outer space.
· India became the 27th country to sign the nonbinding Artemis Accords.
Commitments under the Accords:
· Peaceful Purposes: The signatories will implement memorandum of understanding (MOUs) between governments or agencies to conduct space activities for peaceful purposes in accordance with international law.
· Common Infrastructure: Signatories recognize the importance of common exploration infrastructure to enhance scientific discovery and commercial utilization.
· Registration and Data Sharing: Relevant space objects are registered, and scientific data is openly shared in a timely manner. Private sectors are exempt unless acting on behalf of a signatory.
· Preservation of Heritage: Signatories are expected to preserve historic landing sites, artifacts, and evidence of activity on celestial bodies.
· Utilization of Space Resources: Utilization of space resources should support safe and sustainable activities and not interfere with other signatories’ activities. Information on location and nature must be shared to prevent interference.
· Mitigation of Debris: Signatories plan for the safe disposal of spacecraft and limit the generation of harmful debris.
Context: Recently Sweden became the 38th country to sign the Artemis Accords.
Incorrect
Solution (b)
Option b Correct · Artemis Accords are established by the U.S. State Department and NASA with seven other founding members: Australia, Canada, Italy, Japan, Luxembourg, the United Arab Emirates, and the United Kingdom in 2020 for setting common principles to govern civil exploration and use of outer space, the moon, Mars, comets, and asteroids, for peaceful purposes. · The Artemis Accords are a series of non-binding arrangements aimed at setting down norms to be followed in outer space.
· India became the 27th country to sign the nonbinding Artemis Accords.
Commitments under the Accords:
· Peaceful Purposes: The signatories will implement memorandum of understanding (MOUs) between governments or agencies to conduct space activities for peaceful purposes in accordance with international law.
· Common Infrastructure: Signatories recognize the importance of common exploration infrastructure to enhance scientific discovery and commercial utilization.
· Registration and Data Sharing: Relevant space objects are registered, and scientific data is openly shared in a timely manner. Private sectors are exempt unless acting on behalf of a signatory.
· Preservation of Heritage: Signatories are expected to preserve historic landing sites, artifacts, and evidence of activity on celestial bodies.
· Utilization of Space Resources: Utilization of space resources should support safe and sustainable activities and not interfere with other signatories’ activities. Information on location and nature must be shared to prevent interference.
· Mitigation of Debris: Signatories plan for the safe disposal of spacecraft and limit the generation of harmful debris.
Context: Recently Sweden became the 38th country to sign the Artemis Accords.
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