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 RBI Governor
- The Governor is appointed by the Government of India.
- The term of office typically runs for three years and can be extended for another two years.
- Finance minister is the head of Monetary policy committee(MPC) and Governor is the Secretary .
How many of the statements given above are correct?
Correct
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 3 correct correct Incorrect - The governor is appointed as the the RBI Act, 1934. The law states that the chief is appointed by the Central government
- The term of office of the Governor of the Reserve Bank of India (RBI) is typically three years, with the possibility of a two-year extension.
- This allows for continuity in monetary policy and provides flexibility to accommodate specific economic situations.
- The Governor of the Reserve Bank of India (RBI) is the Chairperson of the Monetary Policy Committee (MPC). The MPC is responsible for determining the monetary policy of India, including setting the benchmark interest rate (Repo Rate).
- The MPC is composed of six members: three members from the RBI, including the Governor, and three external members appointed by the Government of India.
Context: Sanjay Malhotra appointed as new RBI Governor
Incorrect
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 3 correct correct Incorrect - The governor is appointed as the the RBI Act, 1934. The law states that the chief is appointed by the Central government
- The term of office of the Governor of the Reserve Bank of India (RBI) is typically three years, with the possibility of a two-year extension.
- This allows for continuity in monetary policy and provides flexibility to accommodate specific economic situations.
- The Governor of the Reserve Bank of India (RBI) is the Chairperson of the Monetary Policy Committee (MPC). The MPC is responsible for determining the monetary policy of India, including setting the benchmark interest rate (Repo Rate).
- The MPC is composed of six members: three members from the RBI, including the Governor, and three external members appointed by the Government of India.
Context: Sanjay Malhotra appointed as new RBI Governor
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Question 2 of 5
2. Question
Consider the following statements about the National Food Security Act(NFSA)
- The NFSA was enacted in 2014 to provide food security to the poor and vulnerable sections of the population
- The Act provides for the provision of subsidized foodgrains to 67% of the population.
- The NFSA also provides for the provision of maternity benefits to pregnant women.
How many of the statements given above are correct?
Correct
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 3 Incorrect correct correct - The National Food Security Act (NFSA) was enacted in 2013. It aims to provide subsidized food grains to a large section of the Indian population, especially the poor and vulnerable.
- The National Food Security Act (NFSA) provides subsidized food grains to approximately two-thirds of the Indian population, covering around 80 crore people.
- The Act covers 75% of the rural population and 50% of the urban population, ensuring that a significant portion of the country’s population has access to affordable food grains.
- While the NFSA is a crucial initiative to ensure food security, it primarily focuses on providing subsidized food grains to eligible beneficiaries. It does not directly provide maternity benefits.
- Maternity benefits are typically provided through other government schemes like the Pradhan Mantri Matru Vandana Yojana (PMMVY). This scheme provides cash benefits to pregnant women and lactating mothers to help them with the costs associated with pregnancy and childbirth.
Context:National Food Security Act still driven by figures from 2011 census, Supreme Court told
Incorrect
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 3 Incorrect correct correct - The National Food Security Act (NFSA) was enacted in 2013. It aims to provide subsidized food grains to a large section of the Indian population, especially the poor and vulnerable.
- The National Food Security Act (NFSA) provides subsidized food grains to approximately two-thirds of the Indian population, covering around 80 crore people.
- The Act covers 75% of the rural population and 50% of the urban population, ensuring that a significant portion of the country’s population has access to affordable food grains.
- While the NFSA is a crucial initiative to ensure food security, it primarily focuses on providing subsidized food grains to eligible beneficiaries. It does not directly provide maternity benefits.
- Maternity benefits are typically provided through other government schemes like the Pradhan Mantri Matru Vandana Yojana (PMMVY). This scheme provides cash benefits to pregnant women and lactating mothers to help them with the costs associated with pregnancy and childbirth.
Context:National Food Security Act still driven by figures from 2011 census, Supreme Court told
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Question 3 of 5
3. Question
Which ministry is responsible for implementing the Recognition of Prior Learning (RPL) scheme in India?
Correct
Solution (c)
Option c Correct - RPL is defined in the guidelines as a formal mechanism used to evaluate a person’s existing knowledge, skills, and experience gained through formal, non-formal, or informal learning.
- RPL is integral to the vision of the National Education Policy (NEP) 2020.
Context: The University Grants Commission (UGC) has finalized the ‘Draft Guidelines for Implementation of Recognition of Prior Learning (RPL) in Higher Education’.
Incorrect
Solution (c)
Option c Correct - RPL is defined in the guidelines as a formal mechanism used to evaluate a person’s existing knowledge, skills, and experience gained through formal, non-formal, or informal learning.
- RPL is integral to the vision of the National Education Policy (NEP) 2020.
Context: The University Grants Commission (UGC) has finalized the ‘Draft Guidelines for Implementation of Recognition of Prior Learning (RPL) in Higher Education’.
-
Question 4 of 5
4. Question
Consider the following statements about the non confidence motion against Vice President of India
- The motion can be introduced in the Rajya Sabha only.
- The motion requires a simple majority in both the Lok Sabha and the Rajya Sabha for its passage.
Choose the incorrect statements:
Correct
Solution (b)
Statement Analysis
Statement 1 Statement 2 correct Incorrect - According to Article 67(b) of the Indian Constitution, the Vice President can be removed through a resolution passed by a majority in the Rajya Sabha and agreed upon by the Lok Sabha. But, a 14-day notice is mandatory before the motion can even be moved.
- While the Rajya Sabha needs to pass a resolution with a majority of its members, the Lok Sabha only needs to agree to the resolution. It doesn’t require a separate majority vote.
Context: Opposition to move notice to remove Vice-President Dhankhar
Incorrect
Solution (b)
Statement Analysis
Statement 1 Statement 2 correct Incorrect - According to Article 67(b) of the Indian Constitution, the Vice President can be removed through a resolution passed by a majority in the Rajya Sabha and agreed upon by the Lok Sabha. But, a 14-day notice is mandatory before the motion can even be moved.
- While the Rajya Sabha needs to pass a resolution with a majority of its members, the Lok Sabha only needs to agree to the resolution. It doesn’t require a separate majority vote.
Context: Opposition to move notice to remove Vice-President Dhankhar
-
Question 5 of 5
5. Question
Consider the following statements about the Comprehensive Economic Cooperation Agreement (CECA)
- CECA is a free trade agreement (FTA) that aims to reduce tariffs and other trade barriers between India and a partner country.
- India has signed CECA with Malaysia , Thailand and Singapore only.
Choose the correct statements:
Correct
Solution (a)
Statement Analysis
Statement 1 Statement 2 correct Incorrect - CECA is a free trade agreement (FTA) that aims to reduce tariffs and other trade barriers between India and a partner country.
- CECA covers trade in goods, services, and investment.
- CECA is a bilateral agreement between India and a partner country.
India has signed Comprehensive Economic Cooperation Agreements (CECAs) with several countries. Here are a few: - Japan
- South Korea
- Australia
- Mauritius
- UAE
Context: The 3-day stocktake visit for India-Australia CECA was concluded recently.The discussions covered areas of trade in goods, services, mobility, agri-tech cooperation, and more.
Incorrect
Solution (a)
Statement Analysis
Statement 1 Statement 2 correct Incorrect - CECA is a free trade agreement (FTA) that aims to reduce tariffs and other trade barriers between India and a partner country.
- CECA covers trade in goods, services, and investment.
- CECA is a bilateral agreement between India and a partner country.
India has signed Comprehensive Economic Cooperation Agreements (CECAs) with several countries. Here are a few: - Japan
- South Korea
- Australia
- Mauritius
- UAE
Context: The 3-day stocktake visit for India-Australia CECA was concluded recently.The discussions covered areas of trade in goods, services, mobility, agri-tech cooperation, and more.
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