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 Green Municipal Bond
- Green Municipal Bonds are debt instruments issued by urban local bodies to finance projects with positive environmental and climate benefits.
- The proceeds from Green Municipal Bonds can be used for any infrastructure project undertaken by the municipality, as long as it aligns with sustainable development goals.
- SEBI (Securities and Exchange Board of India) has established guidelines and a framework for the issuance of Green Municipal Bonds in India.
How many of the statements given above are correct?
Correct
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 3 correct Incorrect correct - Green Municipal Bonds are indeed debt instruments issued by urban local bodies (ULBs) to raise capital specifically for projects that have positive environmental and climate outcomes.
- The proceeds from Green Municipal Bonds are not for just any infrastructure project. They are specifically earmarked for green projects such as renewable energy, energy efficiency, sustainable water management, waste management, sustainable transportation, and green buildings
- SEBI has played a crucial role in providing a regulatory framework for the issuance of Green Bonds in India, including guidelines specifically applicable to municipal corporations.
Context:Under Swachh Bharat Mission-Urban, Ghaziabad issued India’s first Certified Green Municipal Bond, raising ₹150 crore for a state-of-the-art Tertiary Sewage Treatment Plant (TSTP).
Incorrect
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 3 correct Incorrect correct - Green Municipal Bonds are indeed debt instruments issued by urban local bodies (ULBs) to raise capital specifically for projects that have positive environmental and climate outcomes.
- The proceeds from Green Municipal Bonds are not for just any infrastructure project. They are specifically earmarked for green projects such as renewable energy, energy efficiency, sustainable water management, waste management, sustainable transportation, and green buildings
- SEBI has played a crucial role in providing a regulatory framework for the issuance of Green Bonds in India, including guidelines specifically applicable to municipal corporations.
Context:Under Swachh Bharat Mission-Urban, Ghaziabad issued India’s first Certified Green Municipal Bond, raising ₹150 crore for a state-of-the-art Tertiary Sewage Treatment Plant (TSTP).
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Question 2 of 5
2. Question
Consider the following statements about the Special 301 Report
- The Special 301 Report is released annually by the United States Trade Representative (USTR) to identify countries that do not adequately protect and enforce intellectual property rights (IPR) or provide fair market access to U.S. companies relying on IPR.
- Countries identified in the Special 301 Report may be designated as “Priority Foreign Country,” “Priority Watch List,” or “Watch List,” with the “Priority Foreign Country” designation potentially leading to investigations and trade sanctions.
- The primary focus of the Special 301 Report is solely on issues related to patent laws and their enforcement in the listed countries.
How many of the statements given above are correct?
Correct
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 3 correct correct Incorrect - The Special 301 Report is indeed an annual publication by the USTR that assesses the state of IPR protection and enforcement in U.S. trading partners.
- The report categorizes countries based on the severity of their IPR deficiencies into “Priority Foreign Country,” “Priority Watch List,” and “Watch List,” with the first category potentially facing trade actions.
- The Special 301 Report covers a broad spectrum of intellectual property rights, including patents, trademarks, copyrights, and trade secrets, not just patent laws.
Context:The Office of the United States Trade Representative (USTR) released its 2025 Special 301 Report assessing the adequacy and effectiveness of intellectual property (IP) rights protection and enforcement by U.S. trading partners.
Incorrect
Solution (b)
Statement Analysis
Statement 1 Statement 2 Statement 3 correct correct Incorrect - The Special 301 Report is indeed an annual publication by the USTR that assesses the state of IPR protection and enforcement in U.S. trading partners.
- The report categorizes countries based on the severity of their IPR deficiencies into “Priority Foreign Country,” “Priority Watch List,” and “Watch List,” with the first category potentially facing trade actions.
- The Special 301 Report covers a broad spectrum of intellectual property rights, including patents, trademarks, copyrights, and trade secrets, not just patent laws.
Context:The Office of the United States Trade Representative (USTR) released its 2025 Special 301 Report assessing the adequacy and effectiveness of intellectual property (IP) rights protection and enforcement by U.S. trading partners.
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Question 3 of 5
3. Question
Which of the following statements is correct regarding Starlink?
Correct
Option c It is a project by SpaceX to build a large constellation of low Earth orbit satellites to deliver high-speed internet globally. Context:Starlink has begun discussions with key Indian players in the satellite communication , telecom, and broadband sectors, to accelerate the rollout of its services across India.
Incorrect
Option c It is a project by SpaceX to build a large constellation of low Earth orbit satellites to deliver high-speed internet globally. Context:Starlink has begun discussions with key Indian players in the satellite communication , telecom, and broadband sectors, to accelerate the rollout of its services across India.
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Question 4 of 5
4. Question
Consider the following statements about the Muziris Heritage Project
- The Muziris Heritage Project is an initiative by the state of Tamil Nadu to conserve and showcase the historical port city of Muziris.
- The project aims to revive the cultural and historical significance of Muziris, which was a major center of trade with the Mediterranean, Middle East, and other parts of Asia.
Choose the incorrect statements:
Correct
Solution (a)
Statement Analysis
Statement 1 Statement 2 Incorrect correct - The Muziris Heritage Project is an initiative of the state of Kerala, not Tamil Nadu. Muziris was an ancient port located in present-day Kerala
- The primary goal of the Muziris Heritage Project is to bring back to public attention the historical and cultural significance of Muziris as a major ancient port that had extensive trade links with various parts of the world, including the Mediterranean, Middle East, and Asia
Context:The Leader of Opposition in the Kerala Assembly recently acknowledged historian M.G.S. Narayanan as a key force behind the Muziris Heritage Project, despite his theoretical differences.
Incorrect
Solution (a)
Statement Analysis
Statement 1 Statement 2 Incorrect correct - The Muziris Heritage Project is an initiative of the state of Kerala, not Tamil Nadu. Muziris was an ancient port located in present-day Kerala
- The primary goal of the Muziris Heritage Project is to bring back to public attention the historical and cultural significance of Muziris as a major ancient port that had extensive trade links with various parts of the world, including the Mediterranean, Middle East, and Asia
Context:The Leader of Opposition in the Kerala Assembly recently acknowledged historian M.G.S. Narayanan as a key force behind the Muziris Heritage Project, despite his theoretical differences.
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Question 5 of 5
5. Question
Consider the following statements about the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY)
- PM-MKSSY is a sub-scheme under the Pradhan Mantri Matsya Sampada Yojana (PMMSY) aimed at the formalization of the fisheries sector and supporting fisheries micro and small enterprises.
- The scheme provides financial incentives for the adoption of aquaculture insurance and performance grants for improving value chain efficiencies in the fisheries sector.
Choose the correct statements:
Correct
Solution (c)
Statement Analysis
Statement 1 Statement 2 correct correct - PM-MKSSY is indeed a Central Sector Sub-scheme under the ongoing Pradhan Mantri Matsya Sampada Yojana (PMMSY) with the objective of gradually formalizing the fisheries sector and supporting its micro and small enterprises.
- The scheme includes components for providing a one-time incentive for aquaculture insurance to farmers and performance grants to fisheries micro and small enterprises for adopting safety and quality assurance systems, thereby improving value chain efficiencies.
Context:The Centre has launched India’s first-ever aquaculture insurance scheme.
Incorrect
Solution (c)
Statement Analysis
Statement 1 Statement 2 correct correct - PM-MKSSY is indeed a Central Sector Sub-scheme under the ongoing Pradhan Mantri Matsya Sampada Yojana (PMMSY) with the objective of gradually formalizing the fisheries sector and supporting its micro and small enterprises.
- The scheme includes components for providing a one-time incentive for aquaculture insurance to farmers and performance grants to fisheries micro and small enterprises for adopting safety and quality assurance systems, thereby improving value chain efficiencies.
Context:The Centre has launched India’s first-ever aquaculture insurance scheme.
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