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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 about ‘Project Nexus’
How many of the statement(s) given above are correct
Solution (a)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Correct | Incorrect | Incorrect |
| Project Nexus aims to standardize the interconnection of Instant Payment Systems (IPS). It seeks to enhance cross-border payments by connecting multiple domestic instant payment systems (IPS) globally. | Project Nexus is conceptualised by the Innovation Hub of the Bank for International Settlements (BIS). | Project Nexus aims to connect the FPSs of four Association of Southeast Asian Nations (ASEAN) — Malaysia, Philippines, Singapore, and Thailand; and India. These countries would be the founding members and first mover countries of this platform. Indonesia will also join the platform in future. |
Context – The Reserve Bank of India (RBI) has joined Project Nexus
Solution (a)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Correct | Incorrect | Incorrect |
| Project Nexus aims to standardize the interconnection of Instant Payment Systems (IPS). It seeks to enhance cross-border payments by connecting multiple domestic instant payment systems (IPS) globally. | Project Nexus is conceptualised by the Innovation Hub of the Bank for International Settlements (BIS). | Project Nexus aims to connect the FPSs of four Association of Southeast Asian Nations (ASEAN) — Malaysia, Philippines, Singapore, and Thailand; and India. These countries would be the founding members and first mover countries of this platform. Indonesia will also join the platform in future. |
Context – The Reserve Bank of India (RBI) has joined Project Nexus
Consider the following pairs
| Fighter jet | Country | |
| 1 | F 22 | USA |
| 2 | Su 57 | Russia |
| 3 | J 20 | China |
How many of the above mentioned pairs are correctly matched?
Solution (c)
Statement Analysis:
| Country | Reason in news |
| F 22 | USA |
| Su 57 | Russia |
| J 20 | China |
Context – Fifth generation fighter jets were in news
Solution (c)
Statement Analysis:
| Country | Reason in news |
| F 22 | USA |
| Su 57 | Russia |
| J 20 | China |
Context – Fifth generation fighter jets were in news
‘SEBEX 2’ developed by India recently is a
Solution (c)
SEBEX 2 is said to be among the most powerful non-nuclear explosives in the world. It utilizes a high-melting explosive (HMX) composition. SEBEX 2 was manufactured by Economic Explosives Limited (EEL), Nagpur, a subsidiary of Solar Industries, under the Make in India initiative.
Context – India has successfully developed and certified SEBEX 2, a new explosive that is 2.01 times more lethal than standard Trinitrotoluene (TNT).
Solution (c)
SEBEX 2 is said to be among the most powerful non-nuclear explosives in the world. It utilizes a high-melting explosive (HMX) composition. SEBEX 2 was manufactured by Economic Explosives Limited (EEL), Nagpur, a subsidiary of Solar Industries, under the Make in India initiative.
Context – India has successfully developed and certified SEBEX 2, a new explosive that is 2.01 times more lethal than standard Trinitrotoluene (TNT).
Consider the following statements with respect to ‘Critical minerals’
Statement 1 – The government identified 30 minerals as Critical Minerals by amending the Mines and Minerals (Development and Regulation) Act, 1957
Statement 2 – This is the first time that rights related to the mining of lithium ore are being auctioned to private sectors
Which one of the following is correct in respect of the above statements?
Solution (a)
Statement Analysis:
| Statement 1 | Statement 2 |
| Correct | Correct |
| In July 2023, the government identified 30 minerals as Critical Minerals by amending the Mines and Minerals (Development and Regulation) Act, 1957, through the MMDR Amendment Act, 2023, empowering the Central Government to auction blocks of these minerals. The 30 critical minerals are Antimony, Beryllium, Bismuth, Cobalt, Copper, Gallium, Germanium, Graphite, Hafnium, Indium, Lithium, Molybdenum, Niobium, Nickel, PGE, Phosphorous, Potash, REE, Rhenium, Silicon, Strontium, Tantalum, Tellurium, Tin, Titanium, Tungsten, Vanadium, Zirconium, Selenium and Cadmium. | This is the first time that rights related to the mining of lithium ore are being auctioned to private sectors. Other minerals in the blocks include nickel, copper, molybdenum, and rare earth elements (REEs). The mineral blocks are spread across eight states, with Tamil Nadu having the most blocks (seven). Rights for these blocks vary; four blocks are auctioned for Mining Licences (ML), enabling immediate mining operations, while the remaining 16 blocks are auctioned for Composite Licences (CL), allowing geological exploration before mining. |
Context – A Production Linked Incentive (PLI) scheme to encourage the recycling of critical minerals in India is being designed by the Ministry of Mines.
Solution (a)
Statement Analysis:
| Statement 1 | Statement 2 |
| Correct | Correct |
| In July 2023, the government identified 30 minerals as Critical Minerals by amending the Mines and Minerals (Development and Regulation) Act, 1957, through the MMDR Amendment Act, 2023, empowering the Central Government to auction blocks of these minerals. The 30 critical minerals are Antimony, Beryllium, Bismuth, Cobalt, Copper, Gallium, Germanium, Graphite, Hafnium, Indium, Lithium, Molybdenum, Niobium, Nickel, PGE, Phosphorous, Potash, REE, Rhenium, Silicon, Strontium, Tantalum, Tellurium, Tin, Titanium, Tungsten, Vanadium, Zirconium, Selenium and Cadmium. | This is the first time that rights related to the mining of lithium ore are being auctioned to private sectors. Other minerals in the blocks include nickel, copper, molybdenum, and rare earth elements (REEs). The mineral blocks are spread across eight states, with Tamil Nadu having the most blocks (seven). Rights for these blocks vary; four blocks are auctioned for Mining Licences (ML), enabling immediate mining operations, while the remaining 16 blocks are auctioned for Composite Licences (CL), allowing geological exploration before mining. |
Context – A Production Linked Incentive (PLI) scheme to encourage the recycling of critical minerals in India is being designed by the Ministry of Mines.
Consider the following statements
Select the correct statement(s)
Solution (c)
Statement Analysis:
| Statement 1 | Statement 2 |
| Correct | Correct |
| The expunging of certain words, sentences, or portions of a speech from the records is fairly routine procedure, and is carried out in accordance with laid down rules. The decision on which parts of the proceedings are to be expunged lies with the Presiding Officer of the House. Rule 380 (“Expunction”) of the Rules of Procedure and Conduct of Business in Lok Sabha states the procedure for removal of a speech from the records. | Expunged portions of the proceedings cease to exist in the records of Parliament, and they can no longer be reported by media houses, even though they may have been heard during the live telecast of the proceedings. However, the proliferation of social media has introduced challenges in the watertight implementation of expunction orders. |
Context – Parts of the leader of opposition speech delivered in Lok Sabha were expunged from the records of Parliament by the orders of the Speaker.
Solution (c)
Statement Analysis:
| Statement 1 | Statement 2 |
| Correct | Correct |
| The expunging of certain words, sentences, or portions of a speech from the records is fairly routine procedure, and is carried out in accordance with laid down rules. The decision on which parts of the proceedings are to be expunged lies with the Presiding Officer of the House. Rule 380 (“Expunction”) of the Rules of Procedure and Conduct of Business in Lok Sabha states the procedure for removal of a speech from the records. | Expunged portions of the proceedings cease to exist in the records of Parliament, and they can no longer be reported by media houses, even though they may have been heard during the live telecast of the proceedings. However, the proliferation of social media has introduced challenges in the watertight implementation of expunction orders. |
Context – Parts of the leader of opposition speech delivered in Lok Sabha were expunged from the records of Parliament by the orders of the Speaker.
