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 factor(s) lead to weakening of Indian Rupee
- Rise in global oil prices
- Rise in interest rates by US federal reserve
- Sale of US Dollars by the RBI
Select the appropriate code
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Incorrect Rise in global oil prices weakens Rupee as India has to purchase dollars to pay for oil Rise in interest rates by US federal reserve will lead to more demand for dollars thereby weakening Rupee Sale of US Dollars by the central bank in the spot and futures market will curb the impact of fall in Rupee. Source: https://www.thehindu.com/business/markets/bonds-rupee-weaken-as-fed-tone-sparks-outflow-concerns/article38335094.ece
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Incorrect Rise in global oil prices weakens Rupee as India has to purchase dollars to pay for oil Rise in interest rates by US federal reserve will lead to more demand for dollars thereby weakening Rupee Sale of US Dollars by the central bank in the spot and futures market will curb the impact of fall in Rupee. Source: https://www.thehindu.com/business/markets/bonds-rupee-weaken-as-fed-tone-sparks-outflow-concerns/article38335094.ece
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Question 2 of 5
2. Question
Consider the following statements regarding ‘Ease of doing business index’
- A nation’s ranking on the index was based on an average of 8 subindices
- India’s position in the ranking has consistently improved in the last ten years.
Choose the correct statements
Correct
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect A nation’s ranking on the index was based on an average of 10 subindices. They are - Starting a Business
- Construction Permits
- Getting Electricity
- Registering Property
- Getting Credit (loan)
- Protecting Minority Investors
- Paying Taxes
- Trading across Borders
- Enforcing Contracts
- Resolving Insolvency
India’s position has varied from 134 in 2013 to 142 in 2014 to 63 in 2020. Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1792990
Incorrect
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect A nation’s ranking on the index was based on an average of 10 subindices. They are - Starting a Business
- Construction Permits
- Getting Electricity
- Registering Property
- Getting Credit (loan)
- Protecting Minority Investors
- Paying Taxes
- Trading across Borders
- Enforcing Contracts
- Resolving Insolvency
India’s position has varied from 134 in 2013 to 142 in 2014 to 63 in 2020. Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1792990
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Question 3 of 5
3. Question
‘New START Treaty’ seen in news is signed between which two countries
Correct
Solution(c)
New START is a nuclear arms reduction treaty between the United States and the Russian Federation with the formal name of Measures for the Further Reduction and Limitation of Strategic Offensive Arms.
Source: https://www.thehindu.com/opinion/op-ed/seeds-of-suspicion/article38335031.ece
Incorrect
Solution(c)
New START is a nuclear arms reduction treaty between the United States and the Russian Federation with the formal name of Measures for the Further Reduction and Limitation of Strategic Offensive Arms.
Source: https://www.thehindu.com/opinion/op-ed/seeds-of-suspicion/article38335031.ece
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Question 4 of 5
4. Question
Consider the following statements regarding ‘Ordinance’
- Governor does not have the powers to promulgate an ordinance
- Constitution cannot be amended by an ordinance
Choose the correct statements
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct An ordinance is a law that is promulgated by the President of India only when the Indian parliament is not in session. President promulgates an ordinance on the recommendation of the union cabinet under Article 123. Similarly, Article 213 of the Indian Constitution empowers the Governor of the State to promulgate ordinances when the State Legislative Assembly is not in session A constitutional amendment cannot be made through the ordinance route. Source: https://www.thehindu.com/opinion/editorial/wrong-route-the-hindu-editorial-on-kerala-lok-ayukta-law/article38335733.ece
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct An ordinance is a law that is promulgated by the President of India only when the Indian parliament is not in session. President promulgates an ordinance on the recommendation of the union cabinet under Article 123. Similarly, Article 213 of the Indian Constitution empowers the Governor of the State to promulgate ordinances when the State Legislative Assembly is not in session A constitutional amendment cannot be made through the ordinance route. Source: https://www.thehindu.com/opinion/editorial/wrong-route-the-hindu-editorial-on-kerala-lok-ayukta-law/article38335733.ece
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Question 5 of 5
5. Question
With reference to Freedom Struggle, consider the following pairs
Freedom Fighter : Region of struggle
- Rani Abakka: Andhra Pradesh
- Matangini Hazra: Bengal
- Jhalkari Bai: Uttar Pradesh
Which of the following pair(s) are correctly matched ?
Correct
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Correct Rani Abakka, the Queen of Ullal, Karnataka fought and defeated the mighty Portuguese in the 16th century Matangini Hazra was a brave freedom fighter from Bengal, who laid down her life while agitating against the British Jhalkari Bai, was a woman soldier who grew to become one of the key advisors to the Rani of Jhansi and a prominent figure in the First War of Indian Independence, 1857. Source: https://www.thehindu.com/news/national/book-on-unsung-women-freedom-fighters-released/article38335113.ece
Incorrect
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Correct Rani Abakka, the Queen of Ullal, Karnataka fought and defeated the mighty Portuguese in the 16th century Matangini Hazra was a brave freedom fighter from Bengal, who laid down her life while agitating against the British Jhalkari Bai, was a woman soldier who grew to become one of the key advisors to the Rani of Jhansi and a prominent figure in the First War of Indian Independence, 1857. Source: https://www.thehindu.com/news/national/book-on-unsung-women-freedom-fighters-released/article38335113.ece
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