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 Sovereign Gold Bonds, which was in news recently:
- These bonds are government securities denominated in grams of gold.
- These bonds are issued by the Reserve Bank on behalf of the Government of India.
Which of the above statements is/are correct?
Correct
Solution (c)
Explanation:
- The Sovereign Gold Bond (SGB) Scheme was first launched by the Government of India (GOI) on October 30, 2015. Sovereign Gold Bonds are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price, and the bonds will be redeemed upon maturity. The bond is issued by the Reserve Bank on behalf of the GOI. Hence, statements 1 and 2 are correct.
Incorrect
Solution (c)
Explanation:
- The Sovereign Gold Bond (SGB) Scheme was first launched by the Government of India (GOI) on October 30, 2015. Sovereign Gold Bonds are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price, and the bonds will be redeemed upon maturity. The bond is issued by the Reserve Bank on behalf of the GOI. Hence, statements 1 and 2 are correct.
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Question 2 of 5
2. Question
Consider the following statements about Guru Ravidas, which was in news recently:
- His devotional songs and poems are found in the Sikh holy book, the Guru Granth Sahib.
- He envisioned a society called ‘Beghumpura’ (a city without sorrow), where there is no suffering, no fear, and no discrimination.
Which of the above statements is/are INCORRECT?
Correct
Solution (d)
Explanation:
- Guru Ravidas (1377-1527 C.E.) was a renowned saint known for his contributions to the Bhakti movement. His devotional songs and verses made a lasting impact upon the Bhakti Movement. He is also known as Raidas, Rohidas, and Ruhidas. 41 of his devotional songs and poems are found in the Sikh holy book, the Guru Granth Sahib. Many of his poems are also in the Panch Vani text of the Dadu Panthi tradition within Hinduism. Hence, statement 1 is correct.
- The core of Guru Ravidas’s philosophy was the rejection of the caste system and the promotion of human rights and dignity. He envisioned a society called ‘Beghumpura’ (a city without sorrow), where there is no suffering, no fear, and no discrimination. Hence, statement 2 is correct.
Incorrect
Solution (d)
Explanation:
- Guru Ravidas (1377-1527 C.E.) was a renowned saint known for his contributions to the Bhakti movement. His devotional songs and verses made a lasting impact upon the Bhakti Movement. He is also known as Raidas, Rohidas, and Ruhidas. 41 of his devotional songs and poems are found in the Sikh holy book, the Guru Granth Sahib. Many of his poems are also in the Panch Vani text of the Dadu Panthi tradition within Hinduism. Hence, statement 1 is correct.
- The core of Guru Ravidas’s philosophy was the rejection of the caste system and the promotion of human rights and dignity. He envisioned a society called ‘Beghumpura’ (a city without sorrow), where there is no suffering, no fear, and no discrimination. Hence, statement 2 is correct.
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Question 3 of 5
3. Question
With reference to Carbon Capture Utilisation and Storage (CCUS), which was in news recently, consider the following statements:
- It captures CO2 emissions from large point sources and either reuse them or store them permanently underground to prevent atmospheric release.
- It is critical for India’s 2070 net-zero target and hard-to-abate sectors.
- NITI Aayog released a policy framework in 2022 emphasizing CCUS for sustainable development and an “Atmanirbhar Bharat”.
How many of the above statements are correct?
Correct
Solution (c)
Explanation:
- CCUS refers to technologies designed to capture CO2 emissions from large point sources and either reuse them or store them permanently underground to prevent atmospheric release. It aims to mitigate carbon dioxide (CO2) emissions from sources like power plants, refineries and other industrial facilities. Hence, statement 1 is correct.
- It is critical for India’s 2070 net-zero target and hard-to-abate sectors. NITI Aayog released a policy framework in 2022 emphasizing CCUS for sustainable development and an “Atmanirbhar Bharat”. The government also announced an outlay of ₹20,000 crore over five years to accelerate CCUS development and deployment. Hence, statements 2 and 3 are correct.
Incorrect
Solution (c)
Explanation:
- CCUS refers to technologies designed to capture CO2 emissions from large point sources and either reuse them or store them permanently underground to prevent atmospheric release. It aims to mitigate carbon dioxide (CO2) emissions from sources like power plants, refineries and other industrial facilities. Hence, statement 1 is correct.
- It is critical for India’s 2070 net-zero target and hard-to-abate sectors. NITI Aayog released a policy framework in 2022 emphasizing CCUS for sustainable development and an “Atmanirbhar Bharat”. The government also announced an outlay of ₹20,000 crore over five years to accelerate CCUS development and deployment. Hence, statements 2 and 3 are correct.
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Question 4 of 5
4. Question
With reference to ‘Biosimilars’, which were in news recently, consider the following statements:
- These are complex medicines derived from living organisms.
- Their complex manufacturing processes have traditionally limited their availability, primarily serving high-income countries.
Which of the above statements is/are correct?
Correct
Solution (d)
Explanation:
- Biologics are complex medicines derived from living organisms. Their complex manufacturing processes have traditionally limited their availability, primarily serving high-income countries. On the other hand, Biosimilars are highly similar versions of biologic medicines, developed through comprehensive analytical studies and rigorous clinical trials to ensure therapeutic equivalence. These products offer equally effective and safe alternatives thereby increasing market competition and reducing the costs of biologic therapies. Hence, statements 1 and 2 are not correct.
Incorrect
Solution (d)
Explanation:
- Biologics are complex medicines derived from living organisms. Their complex manufacturing processes have traditionally limited their availability, primarily serving high-income countries. On the other hand, Biosimilars are highly similar versions of biologic medicines, developed through comprehensive analytical studies and rigorous clinical trials to ensure therapeutic equivalence. These products offer equally effective and safe alternatives thereby increasing market competition and reducing the costs of biologic therapies. Hence, statements 1 and 2 are not correct.
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Question 5 of 5
5. Question
Consider the following statements about Mahatma Gandhi Gram Swaraj Initiative (MGGSI), which was in news recently:
- It is a major initiative to strengthen the khadi, handloom, and handicrafts sector by improving global market access, branding, and market linkages.
- It encourages artisans to adopt modern production methods, while preserving traditional craftsmanship.
Which of the above statements is/are correct?
Correct
Solution (c)
Explanation:
Mahatma Gandhi Gram Swaraj Initiative (MGGSI) was announced in the Union Budget 2026-27 to strengthen India’s traditional craft sectors. It is aimed at making traditional rural industries more competitive while ensuring sustainable livelihoods for artisans and weavers. It is a major initiative to strengthen the khadi, handloom, and handicrafts sector by improving global market access, branding, and market linkages. It encourages artisans to adopt modern production methods, while preserving traditional craftsmanship. Hence, statements 1 and 2 are correct.
Incorrect
Solution (c)
Explanation:
Mahatma Gandhi Gram Swaraj Initiative (MGGSI) was announced in the Union Budget 2026-27 to strengthen India’s traditional craft sectors. It is aimed at making traditional rural industries more competitive while ensuring sustainable livelihoods for artisans and weavers. It is a major initiative to strengthen the khadi, handloom, and handicrafts sector by improving global market access, branding, and market linkages. It encourages artisans to adopt modern production methods, while preserving traditional craftsmanship. Hence, statements 1 and 2 are correct.
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