UPSC Quiz – 2025 : IASbaba’s Daily Current Affairs Quiz 28th June 2025

Correct Answer: A

Explanation:

• Option A: Correct.
  FTAs focus on removing internal trade barriers but allow each member to set its own external tariffs. Customs Unions, in contrast, have a unified external tariff policy toward non-members.
• Option B: Incorrect.
  Free movement of all factors (goods, services, labor, capital) occurs in a Common Market, not in an FTA or Customs Union.
• Option C: Incorrect.
  A Customs Union represents a higher level of integration than an FTA.

Option D: Incorrect.
Both FTAs and Customs Unions can be bilateral or multilateral.

Correct Answer: A. 1 and 3 only

Explanation:

• Statement 1 – Correct:
  The dhole is listed as Endangered on the IUCN Red List due to habitat loss, prey depletion, and conflict.
• Statement 2 – Incorrect:
  While found in the Western Ghats, dholes are also distributed across Central India, Northeast India, and parts of the Himalayas.
• Statement 3 – Correct:
  It is protected under Schedule I of the Wildlife (Protection) Act, 1972—giving it the highest level of legal protection.

Statement 4 – Incorrect:
Dholes are highly social animals known for pack behavior and cooperative hunting.

Correct Answer: C

Explanation:

• Option A – Incorrect:
  Absolute economic equality is not a democratic aim; democracies focus on fairness and opportunity, not uniform wealth.
• Option B – Incorrect:
  Democracies aim for equality of opportunity, not equality of outcome regardless of individual effort.
• Option C – Correct:
  This reflects the core democratic ideal of equality—ensuring equal access to opportunities, dignity, and participation in public life.

Option D – Incorrect:
Imposing uniformity contradicts democratic values of pluralism and individual freedom.

Correct Answer: D. 1, 2, 3 and 4

Explanation:

• Statement 1 – Correct: Bonds are debt instruments; the issuer (borrower) promises to repay the principal with interest to investors (lenders).
• Statement 2 – Correct: Bond yields and prices move inversely—when bond prices go up, yields go down, and vice versa.
• Statement 3 – Correct: Zero-coupon bonds do not pay periodic interest but are sold at a discount and redeemed at face value.
• Statement 4 – Correct: Convertible bonds can be converted into equity shares, giving investors both debt safety and potential equity upside.

Correct Answer: B

Explanation:

• Option A – Incorrect:
  This describes forms of undernutrition, but not the full “triple burden.”
• Option B – Correct:
  The triple burden of malnutrition includes:
  1. Undernutrition (stunting, wasting, underweight),
  2. Micronutrient deficiencies (hidden hunger), and
  3. Overweight/obesity (overnutrition).
• Option C – Incorrect:
  Focuses on demographic groups, not types of malnutrition.

Option D – Incorrect:
These are related issues but do not define the triple burden conceptually.