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
Which of the following can be the key adverse effects on the economy due to persistent trade deficit?
- It forces a country to constantly look to foreign investors to make up the gap between its export earnings and its import payouts.
- It leads to a steadily weakening home currency.
- It weakens domestic industries and decreases job opportunities.
Choose correct answer:
Correct
Solution (d)
Basic information:
A trade deficit is an economic condition that occurs when a country is importing more goods than it is exporting.
The trade deficit is calculated by taking the value of goods being imported and subtracting it by the value of goods being exported.
Explanation:
Running a persistent trade deficit can have adverse effects on the economy –
- The country’s demand for dollars (foreign exchange) is usually greater than the supply. This leads to a steadily weakening home currency.
- A high trade deficit also forces a country to constantly look to foreign investors to make up the gap between its export earnings and its import payouts.
- In a slow-growing world, a rising trade deficit could be an indication that domestically produced goods are unable to compete against imports. If local factories shut down, that leads to job losses.
Article link: Trade deficit grows to $15 bn in Dec
Incorrect
Solution (d)
Basic information:
A trade deficit is an economic condition that occurs when a country is importing more goods than it is exporting.
The trade deficit is calculated by taking the value of goods being imported and subtracting it by the value of goods being exported.
Explanation:
Running a persistent trade deficit can have adverse effects on the economy –
- The country’s demand for dollars (foreign exchange) is usually greater than the supply. This leads to a steadily weakening home currency.
- A high trade deficit also forces a country to constantly look to foreign investors to make up the gap between its export earnings and its import payouts.
- In a slow-growing world, a rising trade deficit could be an indication that domestically produced goods are unable to compete against imports. If local factories shut down, that leads to job losses.
Article link: Trade deficit grows to $15 bn in Dec
-
Question 2 of 5
2. Question
Iran informed the International Atomic Energy Agency that it intends to produce uranium enriched to up to 20% purity, well beyond the threshold set by which international treaty between Iran and P5+1 nations?
Correct
Solution (d)
Explanation:
The Joint Comprehensive Plan of Action (JCPOA) known commonly as the Iran deal or Iran nuclear deal, is an international agreement on the nuclear program of Iran reached in Vienna on 14 July 2015 between Iran, the P5+1 (the five permanent members of the United Nations Security Council—China, France, Russia, United Kingdom, United States—plus Germany), and the European Union. It is also called the 2015 Vienna accord.
Article link: Iran tells IAEA it plans to enrich uranium up to 20% at Fordow site
Incorrect
Solution (d)
Explanation:
The Joint Comprehensive Plan of Action (JCPOA) known commonly as the Iran deal or Iran nuclear deal, is an international agreement on the nuclear program of Iran reached in Vienna on 14 July 2015 between Iran, the P5+1 (the five permanent members of the United Nations Security Council—China, France, Russia, United Kingdom, United States—plus Germany), and the European Union. It is also called the 2015 Vienna accord.
Article link: Iran tells IAEA it plans to enrich uranium up to 20% at Fordow site
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Question 3 of 5
3. Question
Tirekhtyakh river, which is often seen in news, is found in which of the following countries?
Correct
Solution (b)
In news: A well-preserved Ice Age woolly rhino with many of its internal organs still intact has been recovered from permafrost on the bank of the Tirekhtyakh river in Yakutia, Russia, near the Arctic Circle.
Article link:
Incorrect
Solution (b)
In news: A well-preserved Ice Age woolly rhino with many of its internal organs still intact has been recovered from permafrost on the bank of the Tirekhtyakh river in Yakutia, Russia, near the Arctic Circle.
Article link:
-
Question 4 of 5
4. Question
The crops grown at the onset of winter which coincides with the northeast monsoon are known as?
Correct
Solution (b)
Kharif Crops
- Crops that are sown during the southwest monsoon season are called kharif or monsoon crops.
- These crops are sown at the beginning of the season around end May to early June and are harvested post the monsoon rains beginning October.
- Rice, maize, pulses such as urad, moong dal and millets are among the key kharif crops.
Rabi Crops
- Those that are sown during winter, are called rabi or winter crops. It begins by October.
- These crops are sown at the onset of winter which coincides with the northeast monsoon.
- The harvest for these crops happens typically during April and May, during the summer season.
- Wheat which is the staple grain for people in the Northern parts of the country is among the key rabi crops.
- Vegetables such as potato, tomato and onion are also cultivated post the winter onset and are harvested in summer.
Zaid Crop
- This crop is grown in some parts of country during March to June.
- Prominent examples are Muskmelon, Watermelon, Vegetables of cucurbitacae family such as bitter gourd, pumpkin, ridged gourd etc.
Article link: Rabi foodgrain output likely to exceed previous record
Incorrect
Solution (b)
Kharif Crops
- Crops that are sown during the southwest monsoon season are called kharif or monsoon crops.
- These crops are sown at the beginning of the season around end May to early June and are harvested post the monsoon rains beginning October.
- Rice, maize, pulses such as urad, moong dal and millets are among the key kharif crops.
Rabi Crops
- Those that are sown during winter, are called rabi or winter crops. It begins by October.
- These crops are sown at the onset of winter which coincides with the northeast monsoon.
- The harvest for these crops happens typically during April and May, during the summer season.
- Wheat which is the staple grain for people in the Northern parts of the country is among the key rabi crops.
- Vegetables such as potato, tomato and onion are also cultivated post the winter onset and are harvested in summer.
Zaid Crop
- This crop is grown in some parts of country during March to June.
- Prominent examples are Muskmelon, Watermelon, Vegetables of cucurbitacae family such as bitter gourd, pumpkin, ridged gourd etc.
Article link: Rabi foodgrain output likely to exceed previous record
-
Question 5 of 5
5. Question
Consider the following statements about West Bank:
- West Bank is a landlocked territory near the Mediterranean coast of Western Asia.
- The West Bank also contains a significant section of the western Dead Sea shore.
Which of the statements given above is/are correct?
Correct
Solution (c)
Explanation:
West Bank is a landlocked territory near the Mediterranean coast of Western Asia, bordered by Jordan to the east and by Israel on the south, west and north. The West Bank also contains a significant section of the western Dead Sea shore.
Article link: Israeli gunshot paralysed Palestinian
Incorrect
Solution (c)
Explanation:
West Bank is a landlocked territory near the Mediterranean coast of Western Asia, bordered by Jordan to the east and by Israel on the south, west and north. The West Bank also contains a significant section of the western Dead Sea shore.
Article link: Israeli gunshot paralysed Palestinian
