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 ‘Gravity Hole’
- It is a region of the ocean where the effects of gravity is the highest
- It is caused due to differences in the density of the materials that make up the Earth’s crust
Select the correct statement(s)
Correct
Solution (b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct The gravity hole is a region of the ocean where the effects of gravity are less than usual. It occurs at the bottom of the ocean where there are gravitational anomalies. These anomalies are caused by variations in the gravitational pull of the Earth due to differences in the density of the materials that make up the Earth’s crust. The Indian Ocean is home to one of the most profound gravitational anomalies on Earth known as the Indian Ocean Geoid Low (IOGL). It is found in a large section of over three million sq. km in the Indian Ocean seafloor, located around 1,200 km southwest of India’s southern tip. Context – According to researchers from the Indian Institute of Science, the Indian Ocean harbours a colossal and enigmatic phenomenon known as the “Gravity Hole”
Incorrect
Solution (b)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct The gravity hole is a region of the ocean where the effects of gravity are less than usual. It occurs at the bottom of the ocean where there are gravitational anomalies. These anomalies are caused by variations in the gravitational pull of the Earth due to differences in the density of the materials that make up the Earth’s crust. The Indian Ocean is home to one of the most profound gravitational anomalies on Earth known as the Indian Ocean Geoid Low (IOGL). It is found in a large section of over three million sq. km in the Indian Ocean seafloor, located around 1,200 km southwest of India’s southern tip. Context – According to researchers from the Indian Institute of Science, the Indian Ocean harbours a colossal and enigmatic phenomenon known as the “Gravity Hole”
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Question 2 of 5
2. Question
Consider the following statements about ‘Global Peace Index’
- It is released annually by the Institute for Economics and Peace (IEP)
- It measures the level of peace through communal harmony, existence of democracy and political rights
- Finland is the most peaceful country in the world according to the report
How many of the statement(s) given above are correct
Correct
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Incorrect Global Peace Index is released annually by the Institute for Economics and Peace (IEP). 2023 Global Peace Index (GPI) ranked 163 independent states and territories according to their level of peacefulness. It measures the state of peace across three domains: Societal safety and security; Ongoing domestic and international conflict; Militarization; Iceland is the most peaceful country in the world – a title it has held since 2008. It is accompanied at the top by Denmark, Ireland, New Zealand, and Austria. Conversely, Afghanistan is the least peaceful country in the world for the eighth consecutive year. It is followed by Yemen, Syria, South Sudan, and the Democratic Republic of the Congo. India has occupied the 126th spot in the rankings, two higher than its previous position. Context – The 2023 Global Peace Index (GPI) recently released its annual ranking of the most peaceful countries in the world.
Incorrect
Solution (a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Incorrect Global Peace Index is released annually by the Institute for Economics and Peace (IEP). 2023 Global Peace Index (GPI) ranked 163 independent states and territories according to their level of peacefulness. It measures the state of peace across three domains: Societal safety and security; Ongoing domestic and international conflict; Militarization; Iceland is the most peaceful country in the world – a title it has held since 2008. It is accompanied at the top by Denmark, Ireland, New Zealand, and Austria. Conversely, Afghanistan is the least peaceful country in the world for the eighth consecutive year. It is followed by Yemen, Syria, South Sudan, and the Democratic Republic of the Congo. India has occupied the 126th spot in the rankings, two higher than its previous position. Context – The 2023 Global Peace Index (GPI) recently released its annual ranking of the most peaceful countries in the world.
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Question 3 of 5
3. Question
In the context of finance, the term ‘Rights issue’ refers to
Correct
Solution (a)
A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. This type of issue gives existing shareholders securities called rights. With the rights, the shareholder can purchase new shares at a discount to the market price on a stated future date. The company is giving shareholders a chance to increase their exposure to the stock at a discount price.
Context – Indian Oil Corporation (IOC) plans to raise capital through rights issue of equity shares as part of a government’s plan to infuse capital into three state-owned fuel retailers to fund their net zero carbon emission projects.
Incorrect
Solution (a)
A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. This type of issue gives existing shareholders securities called rights. With the rights, the shareholder can purchase new shares at a discount to the market price on a stated future date. The company is giving shareholders a chance to increase their exposure to the stock at a discount price.
Context – Indian Oil Corporation (IOC) plans to raise capital through rights issue of equity shares as part of a government’s plan to infuse capital into three state-owned fuel retailers to fund their net zero carbon emission projects.
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Question 4 of 5
4. Question
With reference to ‘Performance Grading Index (PGI) 2.0’, consider the following statements
- It helps States/UTs to identify specific interventions required to make transformational changes in school education
- It was developed the Ministry of Education’s Department of School Education & Literacy
- The PGI 2.0 framework consists two categories namely Outcomes and Governance Management (GM)
How many of the statement(s) given above are correct
Correct
Solution (c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Correct It helps States/UTs to identify specific interventions required to make transformational changes in school education. The Ministry of Education’s Department of School Education & Literacy has developed the Performance Grading Index (PGI) for States and Union Territories (UTs). The PGI 2.0 framework consists of 1000 points across two categories: Outcomes and Governance Management (GM). These categories are further divided into six domains: Learning Outcomes (LO), Access (A), Infrastructure & Facilities (IF), Equity (E), Governance Process (GP), and Teachers’ Education and Training (TE&T). Context – According to the Union Ministry of Education’s Performing Grade Index (PGI), Chandigarh and Punjab emerged as the best performers in school education for the year 2021-22.
Incorrect
Solution (c)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Correct Correct It helps States/UTs to identify specific interventions required to make transformational changes in school education. The Ministry of Education’s Department of School Education & Literacy has developed the Performance Grading Index (PGI) for States and Union Territories (UTs). The PGI 2.0 framework consists of 1000 points across two categories: Outcomes and Governance Management (GM). These categories are further divided into six domains: Learning Outcomes (LO), Access (A), Infrastructure & Facilities (IF), Equity (E), Governance Process (GP), and Teachers’ Education and Training (TE&T). Context – According to the Union Ministry of Education’s Performing Grade Index (PGI), Chandigarh and Punjab emerged as the best performers in school education for the year 2021-22.
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Question 5 of 5
5. Question
Consider the following statements
Statement 1 – ECI allocates the symbols to political parties as per the provisions of the Representation of People’s Act, 1951
Statement 2 – The decision of the Commission is binding on all such rival sections or groups within a party
Which one of the following is correct in respect of the above statements?
Correct
Solution (d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct ECI decides the symbols as per the provisions of the Symbols Order, 1968. This rule applies to disputes in recognised national and state parties. Para 15 of the Symbols Order, 1968 empowers EC to decide on the claim of rival factions in case of split. EC decides on the issue after taking into account all the available facts and circumstances of the case and hearing their representatives. The decision of the Commission is binding on all such rival sections or groups. For splits in registered but unrecognised parties, the ECI usually advises the warring factions to resolve their differences internally or to approach the court. Context – A political party in Maharashtra split into two factions recently
Incorrect
Solution (d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Correct ECI decides the symbols as per the provisions of the Symbols Order, 1968. This rule applies to disputes in recognised national and state parties. Para 15 of the Symbols Order, 1968 empowers EC to decide on the claim of rival factions in case of split. EC decides on the issue after taking into account all the available facts and circumstances of the case and hearing their representatives. The decision of the Commission is binding on all such rival sections or groups. For splits in registered but unrecognised parties, the ECI usually advises the warring factions to resolve their differences internally or to approach the court. Context – A political party in Maharashtra split into two factions recently
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