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 regarding ‘Monetary Policy Committee’
- It is a statutory body established under Reserve Bank of India Act of 1934
- The committee consists of six members who are supposed to meet at least three times a year
- The inflation target is set by the Government in consultation with the RBI
- The committee is answerable to the Government if the inflation target is exceeded for three consecutive quarters
Choose the correct statements
Correct
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Statement 4 Correct Incorrect Correct Correct The Monetary Policy Committee (MPC) is constituted by the Central Government under Section 45ZB of the Reserve Bank of India Act,1934 Section 45ZB of the amended RBI Act, 1934 provides for an empowered six-member monetary policy committee (MPC) The MPC is required to meet at least four times in a year The amended RBI Act also provides for the inflation target to be set by the Government of India, in consultation with the Reserve Bank, once in every five years. Accordingly, the Central Government notified in the Official Gazette 4 per cent Consumer Price Index (CPI) inflation as the target for the period from August 5, 2016 to March 31, 2021 with the upper tolerance limit of 6 per cent and the lower tolerance limit of 2 per cent The Central Government notified the following as factors that constitute failure to achieve the inflation target: (a) the average inflation is more than the upper tolerance level of the inflation target for any three consecutive quarters; or (b) the average inflation is less than the lower tolerance level for any three consecutive quarters. Source: https://www.thehindu.com/business/rbi-retains-status-quo-to-spur-growth/article38409379.ece
Incorrect
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Statement 4 Correct Incorrect Correct Correct The Monetary Policy Committee (MPC) is constituted by the Central Government under Section 45ZB of the Reserve Bank of India Act,1934 Section 45ZB of the amended RBI Act, 1934 provides for an empowered six-member monetary policy committee (MPC) The MPC is required to meet at least four times in a year The amended RBI Act also provides for the inflation target to be set by the Government of India, in consultation with the Reserve Bank, once in every five years. Accordingly, the Central Government notified in the Official Gazette 4 per cent Consumer Price Index (CPI) inflation as the target for the period from August 5, 2016 to March 31, 2021 with the upper tolerance limit of 6 per cent and the lower tolerance limit of 2 per cent The Central Government notified the following as factors that constitute failure to achieve the inflation target: (a) the average inflation is more than the upper tolerance level of the inflation target for any three consecutive quarters; or (b) the average inflation is less than the lower tolerance level for any three consecutive quarters. Source: https://www.thehindu.com/business/rbi-retains-status-quo-to-spur-growth/article38409379.ece
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Question 2 of 5
2. Question
With reference to the impact of Green Revolution, which of the following statement(s) is/are INCORRECT
- Area under coarse cereals cultivation increased
- Area under cereal grains cultivation decreased
- Imports of food grains reduced drastically
Select the appropriate code
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct The area under cultivation of coarse cereals decreased from 37 million hectares to 25 million hectares. The area under cultivation of rice and wheat(coarse grains) from the time of the Green Revolution till recently increased from 30 million hectares to 44 million hectares and 9 million hectares to 31 million hectares The introduction of high-yielding varieties (HYV) of seeds and the improved quality of fertilizers and irrigation techniques led to the increase in the production to make the country self-sufficient in food grains, thus improving agriculture in India which led to reduced imports Source: https://www.thehindu.com/opinion/op-ed/an-msp-scheme-to-transform-indian-agriculture/article38409594.ece
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct The area under cultivation of coarse cereals decreased from 37 million hectares to 25 million hectares. The area under cultivation of rice and wheat(coarse grains) from the time of the Green Revolution till recently increased from 30 million hectares to 44 million hectares and 9 million hectares to 31 million hectares The introduction of high-yielding varieties (HYV) of seeds and the improved quality of fertilizers and irrigation techniques led to the increase in the production to make the country self-sufficient in food grains, thus improving agriculture in India which led to reduced imports Source: https://www.thehindu.com/opinion/op-ed/an-msp-scheme-to-transform-indian-agriculture/article38409594.ece
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Question 3 of 5
3. Question
‘Kalkazhukichoottu’ seen in news recently is a
Correct
Solution(b)
Kalkazhukichoottu is a ritual of washing the feet of Brahmins and feeding them. It is said that the ritual is meant to get rid of the sins, committed with or without one’s knowledge.
Source: https://www.thehindu.com/news/national/kerala/protest-against-kalkazhukichoot-ritual-again/article38407943.ece
Incorrect
Solution(b)
Kalkazhukichoottu is a ritual of washing the feet of Brahmins and feeding them. It is said that the ritual is meant to get rid of the sins, committed with or without one’s knowledge.
Source: https://www.thehindu.com/news/national/kerala/protest-against-kalkazhukichoot-ritual-again/article38407943.ece
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Question 4 of 5
4. Question
Consider the following statements regarding ‘Madhwacharya’
- He is the chief proponent of Dvaita(Dualism) and called his philosophy ‘Tattvavada’
- He stated the metaphysical reality is singular and Ishvara is the only independent reality
- Namdev and Madhwa were contemporaries
Choose the correct statements
Correct
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Correct Madhwacharya was a Hindu philosopher and the chief proponent of the Dvaita (dualism) school of Vedanta. Madhva called his philosophy Tattvavāda meaning “arguments from a realist viewpoint” Madhwacharya stated that metaphysical reality is plural. There are primarily two tattvas or categories of reality — svatantra tattva (independent reality) and asvatantra tattva (dependent reality. Ishvara (as God Vishnu or Krishna) is the cause of the universe and the only independent reality, in Madhvacharya’s view. Namdev and Madhwacharya are contemporaries who lived in the thirteenth century. Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1797365
Incorrect
Solution(c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Correct Madhwacharya was a Hindu philosopher and the chief proponent of the Dvaita (dualism) school of Vedanta. Madhva called his philosophy Tattvavāda meaning “arguments from a realist viewpoint” Madhwacharya stated that metaphysical reality is plural. There are primarily two tattvas or categories of reality — svatantra tattva (independent reality) and asvatantra tattva (dependent reality. Ishvara (as God Vishnu or Krishna) is the cause of the universe and the only independent reality, in Madhvacharya’s view. Namdev and Madhwacharya are contemporaries who lived in the thirteenth century. Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1797365
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Question 5 of 5
5. Question
Consider the following statements
- Governor has constitutional and situational discretion whereas President only has situational discretion
- Governor does not enjoy parliamentary privileges whereas President enjoys parliamentary privileges
Choose the correct statements
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect Governor has constitutional and situational discretion whereas President only has situational discretion. The constitutional discretion of Governor is as follows - When they have to reserve the bill for the consideration of the President of India, Governors can decide on their own without the advice of the Council of Ministers
- When he has to recommend for the President’s rule in the state, he can act at his own discretion
- When he is given an additional charge as the administrator of the Union Territory, he can take actions at his own discretion
- When he calls upon the Chief Minister to seek information regarding administrative and legislative affairs
The parliamentary privileges do not extend to the President who is also an integral part of the Parliament Source: https://www.thehindu.com/opinion/op-ed/is-the-institution-of-governor-subverting-federal-structure/article38409784.ece
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Correct Incorrect Governor has constitutional and situational discretion whereas President only has situational discretion. The constitutional discretion of Governor is as follows - When they have to reserve the bill for the consideration of the President of India, Governors can decide on their own without the advice of the Council of Ministers
- When he has to recommend for the President’s rule in the state, he can act at his own discretion
- When he is given an additional charge as the administrator of the Union Territory, he can take actions at his own discretion
- When he calls upon the Chief Minister to seek information regarding administrative and legislative affairs
The parliamentary privileges do not extend to the President who is also an integral part of the Parliament Source: https://www.thehindu.com/opinion/op-ed/is-the-institution-of-governor-subverting-federal-structure/article38409784.ece
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