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
- Which of the following statements about SWIFT is/are correct?
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It is a payment settlement system that transfers funds between banks directly.
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It is a member-owned cooperative founded in the early 1970s in Belgium.
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It assigns BIC/SWIFT codes to banks which are used in cross-border transactions.
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It holds bank accounts and acts as a central clearing house for international payments.
Which of the statements given above is/are correct?
Correct
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Solution: (a)
Explanation:
- SWIFT is not a payment settlement system; it does not itself transfer or settle funds. It only sends secure messages/ instructions for transfers Hence Statement 1 is Incorrect
- SWIFT was founded in 1973 in Belgium as a member-owned cooperative. Hence Statement 2 is Correct
- SWIFT assigns Business Identifier Codes (BIC or SWIFT codes) to banks for use in international messaging. Hence Statement 3 is Correct
SWIFT does not hold bank accounts or act as a clearing house for payments. Hence Statement 4 is Incorrect
Incorrect
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Solution: (a)
Explanation:
- SWIFT is not a payment settlement system; it does not itself transfer or settle funds. It only sends secure messages/ instructions for transfers Hence Statement 1 is Incorrect
- SWIFT was founded in 1973 in Belgium as a member-owned cooperative. Hence Statement 2 is Correct
- SWIFT assigns Business Identifier Codes (BIC or SWIFT codes) to banks for use in international messaging. Hence Statement 3 is Correct
SWIFT does not hold bank accounts or act as a clearing house for payments. Hence Statement 4 is Incorrect
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Question 2 of 5
2. Question
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Consider the following statements regarding DGCA:
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DGCA is the designated national aviation security authority under ICAO Annex 17.
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The Aircraft (Amendment) Act, 2020 grants DGCA the power to impose monetary penalties on aviation service providers.
Which of the statements given above is/are correct?
Correct
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Solution: (b)
Explanation:
- The national aviation security authority under ICAO Annex 17 is BCAS (Bureau of Civil Aviation Security), not DGCA. Hence Statement 1 is incorrect
- The Aircraft (Amendment) Act, 2020 introduced provisions allowing DGCA to impose financial penalties. Hence Statement 2 is correct
Incorrect
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Solution: (b)
Explanation:
- The national aviation security authority under ICAO Annex 17 is BCAS (Bureau of Civil Aviation Security), not DGCA. Hence Statement 1 is incorrect
- The Aircraft (Amendment) Act, 2020 introduced provisions allowing DGCA to impose financial penalties. Hence Statement 2 is correct
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Question 3 of 5
3. Question
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Consider the following statements regarding CITES:
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CITES is legally binding on member countries, but it does not replace national laws.
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India is a founding member of CITES.
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The CITES Secretariat is administered by the UNEP and is located in Geneva.
Which of the statements given above is/are correct?
Correct
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Solution: (c)
Explanation:
- CITES is legally binding but must be implemented through each country’s own laws. Hence Statement 1: Correct
- India joined CITES in 1976, so it is not a founding member. Hence Statement 2: Incorrect
The CITES Secretariat is run by UNEP and located in Geneva. Hence Statement 3: Correct
Incorrect
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Solution: (c)
Explanation:
- CITES is legally binding but must be implemented through each country’s own laws. Hence Statement 1: Correct
- India joined CITES in 1976, so it is not a founding member. Hence Statement 2: Incorrect
The CITES Secretariat is run by UNEP and located in Geneva. Hence Statement 3: Correct
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Question 4 of 5
4. Question
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Gamma-ray bursts from “black hole morsels” would provide evidence for:
Correct
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Solution: (a)
Explanation:
Black hole morsels are tiny fragments that may form during black hole mergers. Because they have very small mass, they are predicted to evaporate rapidly by emitting Hawking radiation, releasing intense gamma-ray bursts. Detecting these bursts would therefore be direct evidence that black holes radiate and lose mass, just as Hawking predicted.Incorrect
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Solution: (a)
Explanation:
Black hole morsels are tiny fragments that may form during black hole mergers. Because they have very small mass, they are predicted to evaporate rapidly by emitting Hawking radiation, releasing intense gamma-ray bursts. Detecting these bursts would therefore be direct evidence that black holes radiate and lose mass, just as Hawking predicted. -
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Question 5 of 5
5. Question
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Match the following Ramsar Sites with their respective States:
List I (Wetland Site) List II (State/UT) A. Menar Wetland Complex 1. Bihar B. Pala Wetland 2. Rajasthan C. Tawa Reservoir 3. Mizoram D. Gokul Jalashay 4. Madhya Pradesh How many of the above pairs is/are INCORRECTLY matched?
Correct
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Solution: (d)
Explanation:
- Menar Wetland Complex is in Rajasthan.
- Pala Wetland is the first Ramsar site of Mizoram.
- Tawa Reservoir is located in Madhya Pradesh.
Gokul Jalashay is a newly designated site in Bihar.
Incorrect
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Solution: (d)
Explanation:
- Menar Wetland Complex is in Rajasthan.
- Pala Wetland is the first Ramsar site of Mizoram.
- Tawa Reservoir is located in Madhya Pradesh.
Gokul Jalashay is a newly designated site in Bihar.
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