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 Perpetual Bonds, which was in news recently:
- It is a fixed-income security that has no maturity date and theoretically pays interest forever.
- The perpetual bond means the issuer is under no obligation to redeem the principal amount at any point.
- Also known as “perps” or “consol bonds,” these instruments represent a permanent source of capital for the issuer.
How many of the statements given above are correct?
Correct
Solution (c)
Statements 1 and 2 are correct: Perpetual Bond is a fixed-income security that has no maturity date and theoretically pays interest forever. The perpetual bond means the issuer is under no obligation to redeem the principal amount at any point.
Statement 3 is correct: Also known as “perps” or “consol bonds,” these instruments represent a permanent source of capital for the issuer. It represents one of the purest forms of debt that closely resembles equity in certain aspects. To compensate for the indefinite tenure and higher risk, perpetual bonds generally offer higher interest rates.
Incorrect
Solution (c)
Statements 1 and 2 are correct: Perpetual Bond is a fixed-income security that has no maturity date and theoretically pays interest forever. The perpetual bond means the issuer is under no obligation to redeem the principal amount at any point.
Statement 3 is correct: Also known as “perps” or “consol bonds,” these instruments represent a permanent source of capital for the issuer. It represents one of the purest forms of debt that closely resembles equity in certain aspects. To compensate for the indefinite tenure and higher risk, perpetual bonds generally offer higher interest rates.
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Question 2 of 5
2. Question
- AdFalciVax Vaccine, which was in news recently, is used to treat?
Correct
- Solution (a)
Option (a) is correct: AdFalciVax Vaccine is India’s first indigenous multi-stage malaria recombinant vaccine developed by the Regional Medical Research Centre (RMRC), Bhubaneswar, under the ICMR. The vaccine is designed to prevent Plasmodium falciparum infection in individuals and reduce community transmission.
Incorrect
- Solution (a)
Option (a) is correct: AdFalciVax Vaccine is India’s first indigenous multi-stage malaria recombinant vaccine developed by the Regional Medical Research Centre (RMRC), Bhubaneswar, under the ICMR. The vaccine is designed to prevent Plasmodium falciparum infection in individuals and reduce community transmission.
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Question 3 of 5
3. Question
- Consider the following statements about Adi Sanskriti Platform, which was in news recently:
- It is envisioned as the world’s first Digital University to preserve and promote the culture and traditional knowledge of tribal communities.
- It functions as an online marketplace for the world to access products made by tribal artisans.
Which of the statements given above is/are correct?
Correct
Solution (c)
Statements 1 and 2 are correct: Adi Sanskriti Platform is a pioneering digital learning platform for tribal artforms, preserving heritage, enabling livelihoods, and connecting India’s tribal communities with the world. It is envisioned as the world’s first Digital University to preserve and promote the culture and traditional knowledge of tribal communities. It functions as an online marketplace for the world to access products made by tribal artisans.
Incorrect
Solution (c)
Statements 1 and 2 are correct: Adi Sanskriti Platform is a pioneering digital learning platform for tribal artforms, preserving heritage, enabling livelihoods, and connecting India’s tribal communities with the world. It is envisioned as the world’s first Digital University to preserve and promote the culture and traditional knowledge of tribal communities. It functions as an online marketplace for the world to access products made by tribal artisans.
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Question 4 of 5
4. Question
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- Consider the following statements about Doctrine of Contributory Negligence, which was in news recently:
- It operates on the principle that individuals have a duty to exercise reasonable care for their own safety and well-being.
- Contributory negligence occurs when the plaintiff, through their own lack of care, contributes to the damage resulting from the defendant’s negligence or wrongful conduct.
Which of the statements given above is/are correct?
Correct
Solution (c)
Statements 1 and 2 are correct: Doctrine of Contributory Negligence operates on the principle that individuals have a duty to exercise reasonable care for their own safety and well-being. When someone fails to meet this duty and their actions or omissions contribute to their own injury or damages, they may be considered partially at fault for the harm suffered. Contributory negligence occurs when the plaintiff, through their own lack of care, contributes to the damage resulting from the defendant’s negligence or wrongful conduct.
Incorrect
Solution (c)
Statements 1 and 2 are correct: Doctrine of Contributory Negligence operates on the principle that individuals have a duty to exercise reasonable care for their own safety and well-being. When someone fails to meet this duty and their actions or omissions contribute to their own injury or damages, they may be considered partially at fault for the harm suffered. Contributory negligence occurs when the plaintiff, through their own lack of care, contributes to the damage resulting from the defendant’s negligence or wrongful conduct.
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Question 5 of 5
5. Question
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- Consider the following statements about National Botanical Research Institute, which was in news recently:
- It is amongst one of the constituent research institutes of the Council of Scientific and Industrial Research (CSIR).
- It is located in the city of Chennai, Tamil Nadu.
Which of the statements given above is/are correct?
Correct
Solution (a)
Statement 1 is correct: National Botanical Research Institute is amongst one of the constituent research institutes of the Council of Scientific and Industrial Research (CSIR). It is a multi-disciplinary plant research centre of international repute, undertaking basic and applied R&D programmes in several strategically important areas of plant sciences.
Statement 2 is incorrect: It is located in the city of Lucknow, Uttar Pradesh. Originally set up as the National Botanic Gardens (NBG) by the State Government of Uttar Pradesh (U.P.), it was taken over by the CSIR in 1953. NBG was renamed as the NBRI, i.e., The National Botanical Research Institute in 1978.
Incorrect
Solution (a)
Statement 1 is correct: National Botanical Research Institute is amongst one of the constituent research institutes of the Council of Scientific and Industrial Research (CSIR). It is a multi-disciplinary plant research centre of international repute, undertaking basic and applied R&D programmes in several strategically important areas of plant sciences.
Statement 2 is incorrect: It is located in the city of Lucknow, Uttar Pradesh. Originally set up as the National Botanic Gardens (NBG) by the State Government of Uttar Pradesh (U.P.), it was taken over by the CSIR in 1953. NBG was renamed as the NBRI, i.e., The National Botanical Research Institute in 1978.
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