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
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Consider the following statements regarding nomination of members to Union Territory (UT) Legislative Assemblies:
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In Puducherry, the Central Government may nominate up to three members to the Legislative Assembly.
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In Jammu & Kashmir, the Lieutenant Governor may nominate five members, including two women and one displaced person from Pakistan-occupied Kashmir.
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In Delhi, the Lieutenant Governor nominates up to three members to the Legislative Assembly.
How many of the above statements are correct?
Correct
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Solution: (b)
Explanation:
- Statement 1 – (Government of UT Act, 1963). Hence the statement is Correct
- Statement 2 – (Sections 15, 15A, 15B of J&K Reorganisation Act). Hence the statement is Correct
Statement 3 – (Delhi has no nominated MLAs). Hence the statement is Incorrect
Incorrect
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Solution: (b)
Explanation:
- Statement 1 – (Government of UT Act, 1963). Hence the statement is Correct
- Statement 2 – (Sections 15, 15A, 15B of J&K Reorganisation Act). Hence the statement is Correct
Statement 3 – (Delhi has no nominated MLAs). Hence the statement is Incorrect
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Question 2 of 5
2. Question
Stagflation, often discussed in the context of the U.S. economy, refers to which of the following situations?
Correct
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Solution: (c)
Stagflation
Definition:
Stagflation is an economic situation where stagnant economic growth (or recession) coexists with high inflation and rising unemployment, which is contrary to the usual inverse relationship between inflation and unemployment described by the Phillips Curve.
Key Features:
- Slow Economic Growth: GDP growth remains very low or negative.
- High Inflation: Persistent rise in general price levels, often due to supply shocks.
- Rising Unemployment: Joblessness increases despite inflationary pressures.
- Supply-Side Drivers: Often triggered by supply shocks (e.g., oil price spikes) rather than demand-side factors.
Causes:
- Supply Shocks: Sudden increase in input costs, e.g., oil crises.
- Policy Failures: Excessive monetary expansion or poor fiscal management.
- Structural Rigidities: Labour market inflexibility, poor industrial productivity.
Global Factors: International commodity price surges, trade disruptions.
Incorrect
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Solution: (c)
Stagflation
Definition:
Stagflation is an economic situation where stagnant economic growth (or recession) coexists with high inflation and rising unemployment, which is contrary to the usual inverse relationship between inflation and unemployment described by the Phillips Curve.
Key Features:
- Slow Economic Growth: GDP growth remains very low or negative.
- High Inflation: Persistent rise in general price levels, often due to supply shocks.
- Rising Unemployment: Joblessness increases despite inflationary pressures.
- Supply-Side Drivers: Often triggered by supply shocks (e.g., oil price spikes) rather than demand-side factors.
Causes:
- Supply Shocks: Sudden increase in input costs, e.g., oil crises.
- Policy Failures: Excessive monetary expansion or poor fiscal management.
- Structural Rigidities: Labour market inflexibility, poor industrial productivity.
Global Factors: International commodity price surges, trade disruptions.
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Question 3 of 5
3. Question
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Consider the following statements:
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Sovereign ratings by agencies like S&P Global directly determine the statutory borrowing limits of governments under IMF rules.
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India’s sovereign credit rating of BBB by S&P in 2025 places it in the lowest rung of the investment grade category, just above speculative grade.
Which of the above statements is/are correct?
Correct
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Solution: (b)
Explanation:
- Statement 1 –: IMF does not mandate sovereign borrowing limits based on private credit ratings; however, such ratings heavily influence borrowing costs and foreign investor sentiment. Hence the statement is Incorrect
Statement 2 –: BBB is indeed the lowest rung of investment grade (BBB-, BBB, BBB+), and any downgrade below this moves a country into speculative/junk category. Hence the statement is Correct
Incorrect
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Solution: (b)
Explanation:
- Statement 1 –: IMF does not mandate sovereign borrowing limits based on private credit ratings; however, such ratings heavily influence borrowing costs and foreign investor sentiment. Hence the statement is Incorrect
Statement 2 –: BBB is indeed the lowest rung of investment grade (BBB-, BBB, BBB+), and any downgrade below this moves a country into speculative/junk category. Hence the statement is Correct
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Question 4 of 5
4. Question
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Consider the following statements regarding contaminated site management in India:
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The 2025 Rules mandate preliminary assessment within 90 days, while earlier hazardous waste rules had no specific assessment timeline.
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Public consultation is now mandatory within 60 days under the 2025 Rules, whereas earlier rules only allowed internal SPCB reporting.
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The 2025 Rules cover radioactive waste and municipal solid waste dumps, unlike earlier rules.
Which of the statements given above is/are correct?
Correct
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Solution: (a)
Explanation:
- Statement 1: 2025 Rules introduce specific timelines. Hence the statement is Correct
- Statement 2: Public transparency is a new feature. Hence the statement is Correct
Statement 3: These categories are explicitly excluded in 2025 Rules. Hence the statement is Incorrect
Incorrect
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Solution: (a)
Explanation:
- Statement 1: 2025 Rules introduce specific timelines. Hence the statement is Correct
- Statement 2: Public transparency is a new feature. Hence the statement is Correct
Statement 3: These categories are explicitly excluded in 2025 Rules. Hence the statement is Incorrect
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Question 5 of 5
5. Question
Ikshak, recently delivered to the Indian Navy, belongs to which type of vessel?
Correct
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Solution: (b)
Explanation: Ikshak is primarily designed for hydrographic surveys, oceanographic, and geophysical data collection, which classifies it as a Survey Vessel (Large). It is not a combat vessel like a destroyer, an aircraft carrier, or a submarine.
Incorrect
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Solution: (b)
Explanation: Ikshak is primarily designed for hydrographic surveys, oceanographic, and geophysical data collection, which classifies it as a Survey Vessel (Large). It is not a combat vessel like a destroyer, an aircraft carrier, or a submarine.
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