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 the Windfall tax.
- Windfall Tax is a type of tax levied on companies that make unusually large profits due to unforeseen circumstances.
- The tax is typically levied on companies in the oil and gas sector.
- Primary purpose of imposing Windfall Tax to increase government revenue
How many of the statements given above are correct?
Correct
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 3 Correct correct Incorrect - A windfall tax is a type of tax imposed by a government on certain industries when they experience unexpectedly high profits.
- This often occurs due to sudden market changes, like a surge in commodity prices or a sudden increase in demand.
- By imposing a windfall tax, the government aims to capture some of these excess profits and use them to fund public services or other government initiatives
- That’s correct. Historically, windfall taxes have been frequently levied on the oil and gas sector due to its susceptibility to sudden price fluctuations.
- However, it’s important to note that windfall taxes can be imposed on any industry experiencing unexpected windfall profits.
- For instance, during the COVID-19 pandemic, some countries considered windfall taxes on pharmaceutical companies that profited from vaccine development.
- Primary purpose of windfall tax is to redistribute excess profits made by companies
Context: Govt. scraps windfall tax on domestic crude oil, export of fuels
Incorrect
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 3 Correct correct Incorrect - A windfall tax is a type of tax imposed by a government on certain industries when they experience unexpectedly high profits.
- This often occurs due to sudden market changes, like a surge in commodity prices or a sudden increase in demand.
- By imposing a windfall tax, the government aims to capture some of these excess profits and use them to fund public services or other government initiatives
- That’s correct. Historically, windfall taxes have been frequently levied on the oil and gas sector due to its susceptibility to sudden price fluctuations.
- However, it’s important to note that windfall taxes can be imposed on any industry experiencing unexpected windfall profits.
- For instance, during the COVID-19 pandemic, some countries considered windfall taxes on pharmaceutical companies that profited from vaccine development.
- Primary purpose of windfall tax is to redistribute excess profits made by companies
Context: Govt. scraps windfall tax on domestic crude oil, export of fuels
-
Question 2 of 5
2. Question
Consider the following statements about spade-toothed whale
- It has a distinctive spade shaped teeth.
- It is found in the Oceans of Northern hemisphere
- It’s IUCN Status is Critically Endangered.
How many of the statements given above are correct?
Correct
Solution (a)
Statement Analysis
Statement 1 Statement 2 Statement 3 correct Incorrect Incorrect Some physical characteristics: - Medium-sized beaked whale: It’s estimated to be around 5-5.5 meters (16-18 feet) in length.
- Distinctive tusks: Adult males possess large, spade-shaped tusks that protrude from their lower jaw. These tusks are unique to this species and give it its name.
- General appearance: It likely shares a similar body shape with other beaked whales, with a long, slender body, a small dorsal fin, and a pointed beak.
- Coloration: While specific coloration is unknown, it’s likely to have a dark dorsal side and a lighter ventral side, a common pattern among many marine mammals.
- That’s incorrect. The spade-toothed whale is primarily found in the Southern Hemisphere, specifically in the South Pacific Ocean.
- It’s one of the rarest whale species, and very little is known about its behavior and ecology
- The IUCN Red List status of the Spade-toothed whale is indeed Data Deficient (DD), not Critically Endangered
Context:Scientists in New Zealand dissect rare spade-toothed whale, hoping to unlock mysteries of elusive species.
Incorrect
Solution (a)
Statement Analysis
Statement 1 Statement 2 Statement 3 correct Incorrect Incorrect Some physical characteristics: - Medium-sized beaked whale: It’s estimated to be around 5-5.5 meters (16-18 feet) in length.
- Distinctive tusks: Adult males possess large, spade-shaped tusks that protrude from their lower jaw. These tusks are unique to this species and give it its name.
- General appearance: It likely shares a similar body shape with other beaked whales, with a long, slender body, a small dorsal fin, and a pointed beak.
- Coloration: While specific coloration is unknown, it’s likely to have a dark dorsal side and a lighter ventral side, a common pattern among many marine mammals.
- That’s incorrect. The spade-toothed whale is primarily found in the Southern Hemisphere, specifically in the South Pacific Ocean.
- It’s one of the rarest whale species, and very little is known about its behavior and ecology
- The IUCN Red List status of the Spade-toothed whale is indeed Data Deficient (DD), not Critically Endangered
Context:Scientists in New Zealand dissect rare spade-toothed whale, hoping to unlock mysteries of elusive species.
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Question 3 of 5
3. Question
Which of the following organizations is implementing India’s “One Nation, One Subscription” initiative?
Correct
Solution (c)
Option c Correct - ONOS scheme will be coordinated by the Information and Library Network (INFLIBNET), which is an autonomous inter-university center under the University Grants Commission (UGC).
Context: India’s ‘One Nation, One Subscription’ plan ( The Hindu)
Incorrect
Solution (c)
Option c Correct - ONOS scheme will be coordinated by the Information and Library Network (INFLIBNET), which is an autonomous inter-university center under the University Grants Commission (UGC).
Context: India’s ‘One Nation, One Subscription’ plan ( The Hindu)
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Question 4 of 5
4. Question
Consider the following statements about the Ratapani forest
- Ratapani forest has been declared as the eighth tiger reserve of state is situated in Chattisgarh.
- It is part of Satpura maikal landscape.
Choose the incorrect statements:
Correct
Solution (b)
Statement Analysis
Statement 1 Statement 2 Incorrect Correct - Following directives of Chief Minister Mohan Yadav, the Ratapani forest has been declared as the eighth tiger reserve of the Madhya pradesh, the release said.
- The Ratapani Tiger Reserve has the core area of 763.812 sq km and buffer area of 507.653 sq km, it said.
- Spread across Raisen and Sehore districts in Madhya Pradesh.
- It forms a crucial part of the state’s tiger habitat and serves as a migration corridor for tigers from the Satpura ranges.
Context: Ratapani forest has been declared as the eighth tiger reserve of the state, the release said. The Ratapani Tiger Reserve has the core area of 763.812 sq km and buffer area of 507.653 sq km, it said.
Incorrect
Solution (b)
Statement Analysis
Statement 1 Statement 2 Incorrect Correct - Following directives of Chief Minister Mohan Yadav, the Ratapani forest has been declared as the eighth tiger reserve of the Madhya pradesh, the release said.
- The Ratapani Tiger Reserve has the core area of 763.812 sq km and buffer area of 507.653 sq km, it said.
- Spread across Raisen and Sehore districts in Madhya Pradesh.
- It forms a crucial part of the state’s tiger habitat and serves as a migration corridor for tigers from the Satpura ranges.
Context: Ratapani forest has been declared as the eighth tiger reserve of the state, the release said. The Ratapani Tiger Reserve has the core area of 763.812 sq km and buffer area of 507.653 sq km, it said.
-
Question 5 of 5
5. Question
Consider the following statements about the divyangs in India
- 4 % of reservation for persons with disabilities is in government jobs, as per the Rights of Persons with Disabilities Act, 2016
- According to the Census 2011, the percentage of persons with disabilities in India is more than 5 percent.
Choose the correct statements:
Correct
Solution (a)
Statement Analysis
Statement 1 Statement 2 Correct Incorrect - The Rights of Persons with Disabilities Act, 2016 mandates a 4% reservation for persons with disabilities in government jobs.
- This is a significant step towards ensuring inclusivity and equal opportunities for individuals with disabilities.
- That’s incorrect. According to the Census 2011, the percentage of persons with disabilities in India is approximately 2.21%.
Context: Citizens with disabilities, making their rights realFrontline nutrition workers foster disability inclusion(The Hindu)
Incorrect
Solution (a)
Statement Analysis
Statement 1 Statement 2 Correct Incorrect - The Rights of Persons with Disabilities Act, 2016 mandates a 4% reservation for persons with disabilities in government jobs.
- This is a significant step towards ensuring inclusivity and equal opportunities for individuals with disabilities.
- That’s incorrect. According to the Census 2011, the percentage of persons with disabilities in India is approximately 2.21%.
Context: Citizens with disabilities, making their rights realFrontline nutrition workers foster disability inclusion(The Hindu)
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