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
With reference to the cultural history of India, Consider the following statements
- Guru Ravidas was a poet of the Bhakti Movement
- Guru Ravidas songs discuss Nirguna-Saguna themes
- Guru Ravidas and Jnanadeva are contemporaries
Choose the correct statements
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Incorrect Guru Ravidas was an Indian mystic poet-sant of the Bhakti movement and founder of Ravidassia religion during the 15th to 16th century CE The songs of Guru Ravidas discuss Nirguna-Saguna themes, as well as ideas that are at the foundation of Nath Yoga philosophy of Hinduism. Jnanadeva was a 13th-century Indian Marathi saint, poet, philosopher and yogi of the Vaishnava tradition. Whereas, Guru Ravidas lived during the 15th to 16th century CE. Source: https://indianexpress.com/article/explained/punjab-assembly-elections-postponed-ravidassias-community-7728654/
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Incorrect Guru Ravidas was an Indian mystic poet-sant of the Bhakti movement and founder of Ravidassia religion during the 15th to 16th century CE The songs of Guru Ravidas discuss Nirguna-Saguna themes, as well as ideas that are at the foundation of Nath Yoga philosophy of Hinduism. Jnanadeva was a 13th-century Indian Marathi saint, poet, philosopher and yogi of the Vaishnava tradition. Whereas, Guru Ravidas lived during the 15th to 16th century CE. Source: https://indianexpress.com/article/explained/punjab-assembly-elections-postponed-ravidassias-community-7728654/
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Question 2 of 5
2. Question
Consider the following statements regarding ‘Organization of the Petroleum Exporting Countries’
- It is an Intergovernmental organization consisting of 16 Oil Exporting countries
- It regulates the production of petroleum in member countries only
Choose the correct statements
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct The Organization of the Petroleum Exporting Countries is an intergovernmental organization or cartel of 13 countries. OPEC has 13 member countries: five in the Middle East (Western Asia), seven in Africa, and one in South America. The stated mission of the organization is to “coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets, in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Source: https://www.thehindu.com/business/Industry/opec-sees-well-supported-oil-market-in-2022-despite-omicron/article38289142.ece
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct The Organization of the Petroleum Exporting Countries is an intergovernmental organization or cartel of 13 countries. OPEC has 13 member countries: five in the Middle East (Western Asia), seven in Africa, and one in South America. The stated mission of the organization is to “coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets, in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Source: https://www.thehindu.com/business/Industry/opec-sees-well-supported-oil-market-in-2022-despite-omicron/article38289142.ece
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Question 3 of 5
3. Question
When there is already a high rate of inflation in the economy, which of the following measures would the RBI not do
- Decrease the Statutory Liquidity ratio
- Increase the Repo and Reverse Repo rate
- Decrease the Marginal Standing Facility rate
Select the correct answer using the code given below
Correct
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Correct A lower SLR gives banks more room to lend. This is inadvisable when there is a high rate of inflation Increasing the Repo rate increases the cost of borrowing and increasing Reverse Repo rate discourages the bank from lending. This is advisable when there is high rate of inflation. MSF rate which is slightly higher than the repo rate is a borrowing window for the banks. A lower MSF encourages borrowing. This is again inadvisable during high rate of inflation. Source: https://www.thehindu.com/opinion/editorial/inflation-conundrum/article38288505.ece
Incorrect
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Correct A lower SLR gives banks more room to lend. This is inadvisable when there is a high rate of inflation Increasing the Repo rate increases the cost of borrowing and increasing Reverse Repo rate discourages the bank from lending. This is advisable when there is high rate of inflation. MSF rate which is slightly higher than the repo rate is a borrowing window for the banks. A lower MSF encourages borrowing. This is again inadvisable during high rate of inflation. Source: https://www.thehindu.com/opinion/editorial/inflation-conundrum/article38288505.ece
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Question 4 of 5
4. Question
‘Lithuania’, a country seen in news recently due to its stand-off with China opens to which sea
Correct
Solution(b)
Incorrect
Solution(b)
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Question 5 of 5
5. Question
Consider the following statements regarding ‘International Court of Justice’
- It is one of the specialized agencies of the United Nations
- All the judgments of ICJ are final and binding
Choose the correct statements
Correct
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect The International Court of Justice is one of the six principal organs of the United Nations (UN). It settles disputes between states in accordance with international law and gives advisory opinions on international legal issues. The Court may entertain two types of cases: legal disputes between States submitted to it by them (contentious cases) and requests for advisory opinions on legal questions referred to it by United Nations organs and specialized agencies (advisory proceedings). While the judgments of contentious cases are final and binding without appeal, advisory opinions are essentially advisory; in other words, unlike the Court’s judgments, they are not binding. Source: https://www.thehindu.com/opinion/op-ed/preventing-genocide/article38288753.ece
Incorrect
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect The International Court of Justice is one of the six principal organs of the United Nations (UN). It settles disputes between states in accordance with international law and gives advisory opinions on international legal issues. The Court may entertain two types of cases: legal disputes between States submitted to it by them (contentious cases) and requests for advisory opinions on legal questions referred to it by United Nations organs and specialized agencies (advisory proceedings). While the judgments of contentious cases are final and binding without appeal, advisory opinions are essentially advisory; in other words, unlike the Court’s judgments, they are not binding. Source: https://www.thehindu.com/opinion/op-ed/preventing-genocide/article38288753.ece
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