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 regarding ‘World Trade Organization Ministerial Conference’
It is the topmost decision-making body of the WTO
It brings together all members of WTO including custom unions every year
The Ministerial Conference can take decisions on all matters under any of the multilateral trade agreements
Choose the correct answer using the code given below
Correct
Solution(c)
Statement Analysis:
Statement 1
Statement 2
Statement 3
Correct
Incorrect
Correct
Under the governance structure set up by the “Agreement establishing the WTO”, The topmost decision-making body of the WTO is the Ministerial Conference.
It brings together all members of the WTO, all of which are countries or customs unions. It usually meets every two years.
The Ministerial Conference can take decisions on all matters under any of the multilateral trade agreements.
Context – 12th ministerial conference of the WTO is taking place in Geneva
Incorrect
Solution(c)
Statement Analysis:
Statement 1
Statement 2
Statement 3
Correct
Incorrect
Correct
Under the governance structure set up by the “Agreement establishing the WTO”, The topmost decision-making body of the WTO is the Ministerial Conference.
It brings together all members of the WTO, all of which are countries or customs unions. It usually meets every two years.
The Ministerial Conference can take decisions on all matters under any of the multilateral trade agreements.
Context – 12th ministerial conference of the WTO is taking place in Geneva
Question 2 of 5
2. Question
Consider the following statements regarding ‘Australia-India Water Security Initiative’
The initiative would reinforce bilateral cooperation between the two countries in the area of urban water security
It was signed by the Ministry of Jal Shakti and Department of Foreign Trade of the Government of Australia
Select the correct statement(s)
Correct
Solution(a)
Statement Analysis:
Statement 1
Statement 2
Correct
Incorrect
MoU would reinforce bilateral cooperation between the two countries in the area of urban water security. It would strengthen institutional capacities at all levels for urban water management; improve accessibility, affordability & quality of water and sanitation services; promote circular economy of water & water secure cities; encourage climate resilient water management practices; enhance community participation in water management and improve social inclusion through initiatives for accessible infrastructure.
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, was apprised the Memorandum of Understanding between the Ministry of Housing and Urban Affairs (MoHUA), Government of India and Department of Foreign Affairs and Trade (DFAT), Government of Australia for Technical Cooperation in urban water management
Context – Cabinet approves Memorandum of Understanding between India and Australia for Technical Cooperation for Australia-India Water Security Initiative (AIWASI)
Incorrect
Solution(a)
Statement Analysis:
Statement 1
Statement 2
Correct
Incorrect
MoU would reinforce bilateral cooperation between the two countries in the area of urban water security. It would strengthen institutional capacities at all levels for urban water management; improve accessibility, affordability & quality of water and sanitation services; promote circular economy of water & water secure cities; encourage climate resilient water management practices; enhance community participation in water management and improve social inclusion through initiatives for accessible infrastructure.
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, was apprised the Memorandum of Understanding between the Ministry of Housing and Urban Affairs (MoHUA), Government of India and Department of Foreign Affairs and Trade (DFAT), Government of Australia for Technical Cooperation in urban water management
Context – Cabinet approves Memorandum of Understanding between India and Australia for Technical Cooperation for Australia-India Water Security Initiative (AIWASI)
Question 3 of 5
3. Question
With reference to ‘Technology Development Fund scheme’, consider the following statements
The scheme facilitates up to 75 per cent of the total project cost and allows industry to work in consortium with another industry/academia
It is an initiative of Ministry of Defence and executed by the Defence Research Development Organization(DRDO)
The projects under the TDF scheme will not exceed a development period of five years
Choose the correct answer using the code given below
Correct
Solution(b)
Statement Analysis:
Statement 1
Statement 2
Statement 3
Incorrect
Correct
Incorrect
The scheme facilitates up to 90 per cent of the total project cost and allows industry to work in consortium with another industry/academia.
Technology Development Fund (TDF) has been established to promote self-reliance in Defence Technology as a part of the ‘Make in India’ initiative. It is a programme of MoD (Ministry of Defence) executed by DRDO meeting the requirements of Tri-Services, Defence Production and DRDO.
Typically, the projects under the TDF scheme will not exceed a development period of two years.
Context – Raksha Mantri Shri Rajnath Singh has approved enhancement of funding under Technology Development Fund (TDF) scheme of Ministry of Defence to Rs 50 crore per project from Rs 10 crore.
Incorrect
Solution(b)
Statement Analysis:
Statement 1
Statement 2
Statement 3
Incorrect
Correct
Incorrect
The scheme facilitates up to 90 per cent of the total project cost and allows industry to work in consortium with another industry/academia.
Technology Development Fund (TDF) has been established to promote self-reliance in Defence Technology as a part of the ‘Make in India’ initiative. It is a programme of MoD (Ministry of Defence) executed by DRDO meeting the requirements of Tri-Services, Defence Production and DRDO.
Typically, the projects under the TDF scheme will not exceed a development period of two years.
Context – Raksha Mantri Shri Rajnath Singh has approved enhancement of funding under Technology Development Fund (TDF) scheme of Ministry of Defence to Rs 50 crore per project from Rs 10 crore.
Question 4 of 5
4. Question
‘CiSS’ an application which was launched recently is used in the context of
Correct
Solution(d)
The National Commission for the Protection of Child Rights (NCPCR) has launched a “CiSS application” under the Baal Swaraj portal to help in the rehabilitation process of Children in Street Situations. Baal Swaraj is a portal launched by NCPCR for online tracking and digital real-time monitoring mechanism of children in need of care and protection. The portal has two functions- COVID care and CiSS. COVID Care link caters to the children who have lost either or both parents due to COVID-19 or otherwise post March 2020.
Context – The application was launched recently
Incorrect
Solution(d)
The National Commission for the Protection of Child Rights (NCPCR) has launched a “CiSS application” under the Baal Swaraj portal to help in the rehabilitation process of Children in Street Situations. Baal Swaraj is a portal launched by NCPCR for online tracking and digital real-time monitoring mechanism of children in need of care and protection. The portal has two functions- COVID care and CiSS. COVID Care link caters to the children who have lost either or both parents due to COVID-19 or otherwise post March 2020.
Context – The application was launched recently
Question 5 of 5
5. Question
Consider the following statements regarding ‘New Space India Limited’
It was established for the promotion, encouragement and regulation of space activities of both government and private entities.
It is a wholly owned enterprise of GOI under the administrative control of the Department of Space
Select the correct statement(s)
Correct
Solution(b)
Statement Analysis:
Statement 1
Statement 2
Incorrect
Correct
IN-SPACe was established for the promotion, encouragement and regulation of space activities of both government and private entities. It also facilitates the usage of ISRO facilities by private entities. The Space Sector reforms mandates NSIL to undertake end-to-end commercial space activities and function as a full-fledged satellite operator.
New Space India Ltd. (NSIL) is a wholly owned Public Sector Enterprise of GOI under the administrative control of the Department of Space.
Context – The Union Cabinet has approved the transfer of 10 in-orbit communication satellites from Government of India (Gol) to New Space India Ltd. (NSIL)
Incorrect
Solution(b)
Statement Analysis:
Statement 1
Statement 2
Incorrect
Correct
IN-SPACe was established for the promotion, encouragement and regulation of space activities of both government and private entities. It also facilitates the usage of ISRO facilities by private entities. The Space Sector reforms mandates NSIL to undertake end-to-end commercial space activities and function as a full-fledged satellite operator.
New Space India Ltd. (NSIL) is a wholly owned Public Sector Enterprise of GOI under the administrative control of the Department of Space.
Context – The Union Cabinet has approved the transfer of 10 in-orbit communication satellites from Government of India (Gol) to New Space India Ltd. (NSIL)