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
Why is India’s forex reserves rising despite the slowdown in the economy?
- Rise in investment in foreign portfolio investors (FPIs)
- Fall in crude oil prices
- Decline in gold imports
Select the correct code:
Correct
Solution (d)
The major reason for the rise in forex reserves is the rise in investment in foreign portfolio investors in Indian stocks and foreign direct investments (FDIs). Foreign investors had acquired stakes in several Indian companies in the last two months.
On the other hand, the fall in crude oil prices has brought down the oil import bill, saving the precious foreign exchange.
Gold imports have been recording negative growth since December last year > Reduced import bill.
Source: https://indianexpress.com/article/explained/explained-india-forex-reserves-covid-19-economic-crisis-6448701/
Incorrect
Solution (d)
The major reason for the rise in forex reserves is the rise in investment in foreign portfolio investors in Indian stocks and foreign direct investments (FDIs). Foreign investors had acquired stakes in several Indian companies in the last two months.
On the other hand, the fall in crude oil prices has brought down the oil import bill, saving the precious foreign exchange.
Gold imports have been recording negative growth since December last year > Reduced import bill.
Source: https://indianexpress.com/article/explained/explained-india-forex-reserves-covid-19-economic-crisis-6448701/
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Question 2 of 5
2. Question
Which of the following functions as the custodian and manager of forex reserves?
Correct
Solution (c)
The Reserve Bank functions as the custodian and manager of forex reserves, and operates within the overall policy framework agreed upon with the government. The RBI allocates the dollars for specific purposes.
Source: https://indianexpress.com/article/explained/explained-india-forex-reserves-covid-19-economic-crisis-6448701/
Incorrect
Solution (c)
The Reserve Bank functions as the custodian and manager of forex reserves, and operates within the overall policy framework agreed upon with the government. The RBI allocates the dollars for specific purposes.
Source: https://indianexpress.com/article/explained/explained-india-forex-reserves-covid-19-economic-crisis-6448701/
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Question 3 of 5
3. Question
‘Vamsadhar River’ flows through
- Odisha
- Andhra Pradesh
- Telangana
Select the correct code:
Correct
Solution (c)
River Vamsadhara or River Banshadhara is an important east flowing river between Rushikulya and Godavari, in Odisha and Andhra Pradesh.
Andhra Pradesh wants to build the Neradi bridge across the river which will be possible only after Odisha’s consent.
AP wants to complete the inter-linking of its Nagavali river with the Vamsadhara and expand the Madduvalasa Reservoir project.
Source: https://www.thehindu.com/news/national/andhra-pradesh/jagan-will-take-up-vamsadhara-waterrow-with-naveen-soon-minister/article31769351.ece
Incorrect
Solution (c)
River Vamsadhara or River Banshadhara is an important east flowing river between Rushikulya and Godavari, in Odisha and Andhra Pradesh.
Andhra Pradesh wants to build the Neradi bridge across the river which will be possible only after Odisha’s consent.
AP wants to complete the inter-linking of its Nagavali river with the Vamsadhara and expand the Madduvalasa Reservoir project.
Source: https://www.thehindu.com/news/national/andhra-pradesh/jagan-will-take-up-vamsadhara-waterrow-with-naveen-soon-minister/article31769351.ece
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Question 4 of 5
4. Question
The term ‘Poonam Avlokan’ is associated with
Correct
Solution (a)
Gujarat Forest Department announced the population of Asiatic lions in the state — 674, up from 523 in a Lion Census five years ago. Unlike in previous years, this count was estimated not from a Census, but from a population “observation” exercise called Poonam Avlokan.
Through Poonam Avlokan, which is a monthly in-house exercise carried out every full moon. Field staff and officers spend 24 hours assessing the number of lions and their locations in their respective jurisdictions. It was a mechanism developed by the Forest Department in 2014 as part of preparations for the 2015 Lion Census.
Source: https://indianexpress.com/article/explained/how-gujarat-estimated-its-lion-population-without-holding-a-census-6453027/
Incorrect
Solution (a)
Gujarat Forest Department announced the population of Asiatic lions in the state — 674, up from 523 in a Lion Census five years ago. Unlike in previous years, this count was estimated not from a Census, but from a population “observation” exercise called Poonam Avlokan.
Through Poonam Avlokan, which is a monthly in-house exercise carried out every full moon. Field staff and officers spend 24 hours assessing the number of lions and their locations in their respective jurisdictions. It was a mechanism developed by the Forest Department in 2014 as part of preparations for the 2015 Lion Census.
Source: https://indianexpress.com/article/explained/how-gujarat-estimated-its-lion-population-without-holding-a-census-6453027/
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Question 5 of 5
5. Question
Which of the following are consequences of ‘Ocean deoxygenation’?
- Decreased biodiversity
- Shifts in species distributions
- Reduction in fishery resources
- Expanding algal blooms
Select the correct code:
Correct
Solution (d)
Ocean deoxygenation is one of the most pernicious, yet under-reported side-effects of human-induced climate change. The primary causes of deoxygenation are eutrophication (increased nutrient run-off from land and sewage pollution) and nitrogen deposition from the burning of fossil fuels, coupled with the widespread impacts from ocean warming. Oxygen loss from warming has alarming consequences for global oceanic oxygen reserves, which have already been reduced by 2% over a period of just 50-years (from 1960 to 2010).
Consequences of ocean oxygen decline include decreased biodiversity, shifts in species distributions, displacement or reduction in fishery resources and expanding algal blooms.
Source: https://indianexpress.com/article/explained/explained-seas-less-oxygen-pollution-marine-life-6156781/
Incorrect
Solution (d)
Ocean deoxygenation is one of the most pernicious, yet under-reported side-effects of human-induced climate change. The primary causes of deoxygenation are eutrophication (increased nutrient run-off from land and sewage pollution) and nitrogen deposition from the burning of fossil fuels, coupled with the widespread impacts from ocean warming. Oxygen loss from warming has alarming consequences for global oceanic oxygen reserves, which have already been reduced by 2% over a period of just 50-years (from 1960 to 2010).
Consequences of ocean oxygen decline include decreased biodiversity, shifts in species distributions, displacement or reduction in fishery resources and expanding algal blooms.
Source: https://indianexpress.com/article/explained/explained-seas-less-oxygen-pollution-marine-life-6156781/
