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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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Consider the following statements
Choose the correct answer using the code given below
Solution(c)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Incorrect | Incorrect | Correct |
| India has been an Observer nation since 2013 | India established a research base named Himadri in Arctic region in 2008. IndArc was deployed in 2014 | The Ministry of Earth Science (MoES) released the India’s Arctic policy titled ‘India and the Arctic: building a partnership for sustainable development’ |
Context – Arctic policy was released.
Solution(c)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Incorrect | Incorrect | Correct |
| India has been an Observer nation since 2013 | India established a research base named Himadri in Arctic region in 2008. IndArc was deployed in 2014 | The Ministry of Earth Science (MoES) released the India’s Arctic policy titled ‘India and the Arctic: building a partnership for sustainable development’ |
Context – Arctic policy was released.
Consider the following statements with respect to ‘Prompt Corrective Action Framework’
Select the correct answer using the code given below
Solution(d)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Incorrect | Incorrect | Incorrect |
| Reserve Bank of India initiated the scheme in 2002 and implements it | PCA contains three parameters. They are Capital to risk weighted assets ratio, Net non-performing assets, Return on assets
|
Primary responsibility of recapitalisation of PSBs often devolves on the Government, which is the majority shareholder in these banks. |
Context – Centre has announced to recapitalise weak Public Sector Banks (PSB)
Solution(d)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Incorrect | Incorrect | Incorrect |
| Reserve Bank of India initiated the scheme in 2002 and implements it | PCA contains three parameters. They are Capital to risk weighted assets ratio, Net non-performing assets, Return on assets
|
Primary responsibility of recapitalisation of PSBs often devolves on the Government, which is the majority shareholder in these banks. |
Context – Centre has announced to recapitalise weak Public Sector Banks (PSB)
With reference to ‘Palladium’, consider the following statements
Choose the correct statements
Solution(a)
Statement Analysis:
| Statement 1 | Statement 2 |
| Correct | Incorrect |
| Palladium is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into harmless substances (nitrogen, carbon dioxide and water vapor). Palladium is a key component of fuel cells, which react hydrogen with oxygen to produce electricity, heat, and water | Russia accounted for 40% of world production of Palladium. It is also found in South Africa, Canada and the U.S.A. |
Context – It was in news due to ongoing Russia-Ukraine War.
Solution(a)
Statement Analysis:
| Statement 1 | Statement 2 |
| Correct | Incorrect |
| Palladium is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into harmless substances (nitrogen, carbon dioxide and water vapor). Palladium is a key component of fuel cells, which react hydrogen with oxygen to produce electricity, heat, and water | Russia accounted for 40% of world production of Palladium. It is also found in South Africa, Canada and the U.S.A. |
Context – It was in news due to ongoing Russia-Ukraine War.
World Energy Transition Outlook is released by
Solution(b)
World Energy transition Outlook 2022 was launched by the International Renewable Energy Agency (IRENA) at the Berlin Energy Transition Dialogue. It sets out priority areas and actions based on available technologies that must be realised by 2030 to achieve net zero emissions by midcentury.
Context – It was launched recently
Solution(b)
World Energy transition Outlook 2022 was launched by the International Renewable Energy Agency (IRENA) at the Berlin Energy Transition Dialogue. It sets out priority areas and actions based on available technologies that must be realised by 2030 to achieve net zero emissions by midcentury.
Context – It was launched recently
Consider the following statements
Select the correct statement(s)
Solution(b)
Statement Analysis:
| Statement 1 | Statement 2 |
| Incorrect | Correct |
| Cluster munitions are non-precision weapons that are designed to injure or kill human beings indiscriminately over a large area, and to destroy vehicles and infrastructure. | Thermobaric bombs are not prohibited by any international law or agreement presently |
Context – Russia was accused of using thermobaric bombs
Solution(b)
Statement Analysis:
| Statement 1 | Statement 2 |
| Incorrect | Correct |
| Cluster munitions are non-precision weapons that are designed to injure or kill human beings indiscriminately over a large area, and to destroy vehicles and infrastructure. | Thermobaric bombs are not prohibited by any international law or agreement presently |
Context – Russia was accused of using thermobaric bombs
