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 ‘The North Atlantic Treaty Organization’
- NATO was established in the aftermath of 9/11 attacks
- All the members of NATO are found in North America and Europe only
- An agreement in the original NATO Treaty ensures collective defence
Select the correct statements
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct North Atlantic Treaty also called the North Atlantic Alliance was established in the aftermath of World War II, the organization implements the North Atlantic Treaty, signed 4 April 1949 NATO has thirty members, mainly in Europe and North America. Turkey is a member who’s territory lies in Asia as well Article 5, an agreement that ensures “collective defence”, which means that an attack on one ally will be considered an attack on all allies. Context – NATO was in news due to Russia-Ukraine crisis.
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Incorrect Correct North Atlantic Treaty also called the North Atlantic Alliance was established in the aftermath of World War II, the organization implements the North Atlantic Treaty, signed 4 April 1949 NATO has thirty members, mainly in Europe and North America. Turkey is a member who’s territory lies in Asia as well Article 5, an agreement that ensures “collective defence”, which means that an attack on one ally will be considered an attack on all allies. Context – NATO was in news due to Russia-Ukraine crisis.
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Question 2 of 5
2. Question
Consider the following statements regarding ‘Indus Water Treaty’
- The Indus Waters Treaty (IWT) is a water-distribution treaty between India and Pakistan, brokered by the United Nations
- The Commission is required to meet at least once in a year
- In cases of dispute or disagreement, Permanent Court of Arbitration (PCA) alone is responsible for arbitration
Select the correct statements
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Incorrect The Indus Waters Treaty (IWT) is a water-distribution treaty between India and Pakistan, brokered by the World Bank, to use the water available in the Indus River and its tributaries. It was signed in Karachi on 19 September 1960 by Indian Prime Minister Jawaharlal Nehru and Pakistani President Ayub Khan. The Commission is required to meet at least once in a year to discuss potential disputes as well as cooperative arrangements for the development of the Indus System of Rivers. In cases of dispute or disagreement, Permanent Court of Arbitration (PCA) or a neutral technical expert respectively is called in for arbitration. Context – The 117th Meeting of the Permanent Indus Commission (PIC) comprising of Indus Commissioners of India and Pakistan was held from March 1-3, 2022 in Islamabad, Pakistan
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Incorrect The Indus Waters Treaty (IWT) is a water-distribution treaty between India and Pakistan, brokered by the World Bank, to use the water available in the Indus River and its tributaries. It was signed in Karachi on 19 September 1960 by Indian Prime Minister Jawaharlal Nehru and Pakistani President Ayub Khan. The Commission is required to meet at least once in a year to discuss potential disputes as well as cooperative arrangements for the development of the Indus System of Rivers. In cases of dispute or disagreement, Permanent Court of Arbitration (PCA) or a neutral technical expert respectively is called in for arbitration. Context – The 117th Meeting of the Permanent Indus Commission (PIC) comprising of Indus Commissioners of India and Pakistan was held from March 1-3, 2022 in Islamabad, Pakistan
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Question 3 of 5
3. Question
Consider the following
- American depositary receipts (ADRs)
- Exchange traded funds
- Reinvested earnings
- Intra-company loans
- Mutual funds
Which of the following constitute Foreign Portfolio Investment (FPI)
Correct
Solution(a)
Foreign portfolio investment (FPI) refers to the purchase of securities and other financial assets by investors from another country. Examples of foreign portfolio investments include stocks, bonds, mutual funds, exchange traded funds, American depositary receipts (ADRs), and global depositary receipts (GDRs).
Context – There was a large scale outflow of FPI from India.
Incorrect
Solution(a)
Foreign portfolio investment (FPI) refers to the purchase of securities and other financial assets by investors from another country. Examples of foreign portfolio investments include stocks, bonds, mutual funds, exchange traded funds, American depositary receipts (ADRs), and global depositary receipts (GDRs).
Context – There was a large scale outflow of FPI from India.
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Question 4 of 5
4. Question
Consider the following statements regarding ‘Bangladesh, Bhutan, India, Nepal (BBIN) Initiative’
- It is a subgroup within South Asian Association for Regional Co-operation (SAARC)
- The Motor Vehicle Agreement (MVA) signed under BBIN will permit the member states to ply their vehicles in each other’s territory for transportation of cargo and passengers, including personal vehicles
- Delhi declaration was recently signed by all the members of BBIN
Select the correct statement/s
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Incorrect The Bangladesh, Bhutan, India, Nepal (BBIN) Initiative is a sub-regional architecture of countries in Eastern South Asia, a subregion of South Asia. It is not a grouping within SAARC. The BBIN Motor Vehicles Agreement (MVA) was signed on 15 June 2015 at the BBIN transport ministers meeting in Thimpu, Bhutan. The agreement will permit the member states to ply their vehicles in each other’s territory for transportation of cargo and passengers, including third country transport and personal vehicles. Each vehicle would require an electronic permit to enter another country’s territory, and border security arrangement between nations’ borders will also remain Delhi declaration is related to Afghanistan. It does not come under BBIN. Context – Bangladesh, Nepal and India went ahead with the motor vehicle agreement.
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Incorrect The Bangladesh, Bhutan, India, Nepal (BBIN) Initiative is a sub-regional architecture of countries in Eastern South Asia, a subregion of South Asia. It is not a grouping within SAARC. The BBIN Motor Vehicles Agreement (MVA) was signed on 15 June 2015 at the BBIN transport ministers meeting in Thimpu, Bhutan. The agreement will permit the member states to ply their vehicles in each other’s territory for transportation of cargo and passengers, including third country transport and personal vehicles. Each vehicle would require an electronic permit to enter another country’s territory, and border security arrangement between nations’ borders will also remain Delhi declaration is related to Afghanistan. It does not come under BBIN. Context – Bangladesh, Nepal and India went ahead with the motor vehicle agreement.
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Question 5 of 5
5. Question
‘Carbofuran’ seen in news recently is a
Correct
Solution(a)
Carbofuran is a carbamate pesticide, widely used around the world to control insects on a wide variety of field crops, including potatoes, corn and soybeans.
Context – It was in news due to the death of Himalayan Griffon Vultures in Assam.
Incorrect
Solution(a)
Carbofuran is a carbamate pesticide, widely used around the world to control insects on a wide variety of field crops, including potatoes, corn and soybeans.
Context – It was in news due to the death of Himalayan Griffon Vultures in Assam.
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