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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 countries which were admitted as members in recent summit of BRICS
Select the correct code
Solution (c)
BRICS marked its 15th summit by expanding its membership from five to eleven countries, reflecting a concerted effort to enhance its global standing. Egypt, Iran, Saudi Arabia, UAE, Ethiopia, and Argentina joined the BRICS fold, amplifying the group’s representation across the Middle East, Africa, and South America. Full membership will take effect on January 1, 2024.
Context – The 15th BRICS summit hosted by South Africa in Johannesburg, holds significant importance against the backdrop of geopolitical changes and global economic dynamics.
Solution (c)
BRICS marked its 15th summit by expanding its membership from five to eleven countries, reflecting a concerted effort to enhance its global standing. Egypt, Iran, Saudi Arabia, UAE, Ethiopia, and Argentina joined the BRICS fold, amplifying the group’s representation across the Middle East, Africa, and South America. Full membership will take effect on January 1, 2024.
Context – The 15th BRICS summit hosted by South Africa in Johannesburg, holds significant importance against the backdrop of geopolitical changes and global economic dynamics.
‘Murmansk port’ seen in news recently in located in
Solution (c)
Murmansk Commercial Seaport is a seaport located on the eastern shore of the Kola Bay of the Barents Sea in the city of Murmansk. The port ranks fourth in Russia in terms of processed goods and is the second-largest port in northwest Russia (after the port of St. Petersburg). Murmansk seaport is one of the largest ice-free ports in Russia
Context – Murmansk, popularly called the capital of the Arctic region and the beginning point of the Northern Sea Route (NSR), is witnessing the rising trend of Indian involvement in cargo traffic
Solution (c)
Murmansk Commercial Seaport is a seaport located on the eastern shore of the Kola Bay of the Barents Sea in the city of Murmansk. The port ranks fourth in Russia in terms of processed goods and is the second-largest port in northwest Russia (after the port of St. Petersburg). Murmansk seaport is one of the largest ice-free ports in Russia
Context – Murmansk, popularly called the capital of the Arctic region and the beginning point of the Northern Sea Route (NSR), is witnessing the rising trend of Indian involvement in cargo traffic
With reference to ‘Insurance Surety Bonds’, consider the following statements
Statement 1 – These are instruments where insurance companies act as ‘Surety’ and provide the financial guarantee that the contractor will fulfill its obligation
Statement 2 – If the principal fails to perform the act as promised, the surety is contractually liable for losses sustained.
Which one of the following is correct in respect of the above statements?
Solution (a)
Statement Analysis:
| Statement 1 | Statement 2 |
| Correct | Correct |
| Insurance Surety Bonds can be defined in their simplest form as a written agreement to guarantee compliance, payment, or performance of an act. These are instruments where insurance companies act as ‘Surety’ and provide the financial guarantee that the contractor will fulfil its obligation as per the agreed terms. | The insurance company or surety company that guarantees the obligation will be performed. If the principal fails to perform the act as promised, the surety is contractually liable for losses sustained. |
Context – The National Highways Authority of India (NHAI) organised a brainstorming session with stakeholders to expedite the adoption of Insurance Surety Bonds for its contracts.
Solution (a)
Statement Analysis:
| Statement 1 | Statement 2 |
| Correct | Correct |
| Insurance Surety Bonds can be defined in their simplest form as a written agreement to guarantee compliance, payment, or performance of an act. These are instruments where insurance companies act as ‘Surety’ and provide the financial guarantee that the contractor will fulfil its obligation as per the agreed terms. | The insurance company or surety company that guarantees the obligation will be performed. If the principal fails to perform the act as promised, the surety is contractually liable for losses sustained. |
Context – The National Highways Authority of India (NHAI) organised a brainstorming session with stakeholders to expedite the adoption of Insurance Surety Bonds for its contracts.
Consider the following statements with respect to ‘FIDE World Cup’
Select the correct statement(s)
Solution (d)
Statement Analysis:
| Statement 1 | Statement 2 |
| Incorrect | Incorrect |
| It isa 128-player single-elimination chess tournament, a vital part of the World Chess Championship qualification. The format includes 7 rounds of “mini-matches” with 2 games each, followed by rapid and blitz tiebreaks if needed. The final consists of 4 games before tiebreaks. From the 2021 edition on, the number of players increased to 206. | The event is held every two years |
Context – In the FIDE World Cup finals, Magnus Carlsen secured his first-ever title, defeating Indian chess prodigy R. Praggnanandhaa in Baku, Azerbaijan
Solution (d)
Statement Analysis:
| Statement 1 | Statement 2 |
| Incorrect | Incorrect |
| It isa 128-player single-elimination chess tournament, a vital part of the World Chess Championship qualification. The format includes 7 rounds of “mini-matches” with 2 games each, followed by rapid and blitz tiebreaks if needed. The final consists of 4 games before tiebreaks. From the 2021 edition on, the number of players increased to 206. | The event is held every two years |
Context – In the FIDE World Cup finals, Magnus Carlsen secured his first-ever title, defeating Indian chess prodigy R. Praggnanandhaa in Baku, Azerbaijan
Consider the following statements about ‘Lion Tailed Macaque’
How many of the statement(s) given above are correct
Solution (b)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Correct | Correct | Incorrect |
| The lion-tailed macaque also known as the wanderoo, is an Old World monkey endemic to the Western Ghats of South India. | It is diurnal, meaning it is active exclusively in daylight hours. When they’re active, they will spend half the day foraging, and the other half will be spent resting or finding new areas to forage. Lion-tailed macaque behavior is characterized by typical patterns of arboreal living. | IUCN: Endangered
CITES: Appendix I The Wildlife (Protection) Act, 1972: Schedule I |
Context – Conservationists call for study after rare spotting of lion-tailed macaques in Nadugani
Solution (b)
Statement Analysis:
| Statement 1 | Statement 2 | Statement 3 |
| Correct | Correct | Incorrect |
| The lion-tailed macaque also known as the wanderoo, is an Old World monkey endemic to the Western Ghats of South India. | It is diurnal, meaning it is active exclusively in daylight hours. When they’re active, they will spend half the day foraging, and the other half will be spent resting or finding new areas to forage. Lion-tailed macaque behavior is characterized by typical patterns of arboreal living. | IUCN: Endangered
CITES: Appendix I The Wildlife (Protection) Act, 1972: Schedule I |
Context – Conservationists call for study after rare spotting of lion-tailed macaques in Nadugani
