UPSC 2018: Weekly GK and Current Affairs Quiz Feb 03 – Feb 09 with Multiple Choice Questions and answers for IAS Exam Preparation other competitive exams like SSC, PCS, Banking exams, etc.
UPSC Exam Preparation: This week GK and current affairs quiz from February 3 – February 9 for UPSC Prelims Exam preparation. Test your general knowledge on current affairs now with our weekly GK and current affairs quiz for UPSC Civil Services Exam and other competitive exams like SSC, PCS, Banking exams, etc.
NOTE: If candidates find any questions repeated they need not panic and should continue with the quiz and attempt the questions. Consider repeated questions as practice.
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UPSC Exam: Weekly GK and Current Affairs Quiz Feb 03 – Feb 09
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Question 1 of 60
1. Question
Category: PolityConsider the following statements regarding Article 32.
- Ambedkar called it the heart and soul of the Constitution.
- This article provides for the right to constitutional remedy implying that individuals can move the Supreme Court for protecting their Fundamental Rights.
- During national emergencies, the Parliament can suspend this right.
Which of the above statements are correct?
Correct
Only the President can suspend this right in case of national emergencies.
Incorrect
Only the President can suspend this right in case of national emergencies.
-
Question 2 of 60
2. Question
Category: PolityWhich of the following rights are secured by Article 21 of the Constitution?
- Right to Life
- Right to Property
- Right to Personal Liberty
Choose the correct answer based on the codes given:
Correct
Self-explanatory
Incorrect
Self-explanatory
-
Question 3 of 60
3. Question
Category: Current AffairsWhich of the following became the first Indian state to endorse the Central Government’s Muslim Women (Protection of Rights on Marriage) Act draft bill?
Correct
Self-explanatory
Incorrect
Self-explanatory
-
Question 4 of 60
4. Question
Category: PolityThe Mandamus Writ cannot be issued against which of the following entities?
- Private individuals
- President of the country
- Courts
Choose the correct answer based on the given codes:
Correct
Courts can issue this writ against inferior courts.
Incorrect
Courts can issue this writ against inferior courts.
-
Question 5 of 60
5. Question
Category: PolityWhich of the following statements are correct?
- The Quo warranto writ is issued to enquire into the legality of the claim of a person or public office.
- The Prohibition writ cannot be issued against a legislative or administrative body.
Correct
Self-explanatory
Incorrect
Self-explanatory
-
Question 6 of 60
6. Question
Category: PolityConsider the following statements with respect to the Directive Principles of State Policy.
- They are borrowed from the Constitution of Ireland.
- They are non-justiciable.
Which of the above statements are correct?
-
Question 7 of 60
7. Question
Category: PolityWhich of the following statements are correct?
- The establishment of a uniform civil code has been enshrined in the Constitution through the Directive Principles of State Policy.
- Article 45 deals with the uniform civil code for all citizens.
Correct
Article 44 deals with the uniform civil code for all citizens.
Incorrect
Article 44 deals with the uniform civil code for all citizens.
-
Question 8 of 60
8. Question
Category: PolityWhich of the following statements are correct?
- The boundaries of states can be altered by the Parliament by a simple majority.
- Any amendment pertaining to the federal structure of the country needs a special majority with ratification by half of the states.
Correct
Self-explanatory
Incorrect
Self-explanatory
-
Question 9 of 60
9. Question
Category: PolityWhich of the following items are on the Concurrent List according to the Constitution?
- Protection of wild animals and birds.
- Industrial and labour disputes.
- Pilgrimages to places outside India.
Choose the correct answer based on the codes given:
Correct
Pilgrimages to places outside India falls in the Union List.
Incorrect
Pilgrimages to places outside India falls in the Union List.
-
Question 10 of 60
10. Question
Category: PolityWhich of the following statements are correct?
- Article 352 deals with constitutional emergency.
- Article 360 deals with financial emergency.
Correct
Article 352: National emergency
Article 356: Constitutional emergency/President’s Rule
Article 360: Financial emergency
Incorrect
Article 352: National emergency
Article 356: Constitutional emergency/President’s Rule
Article 360: Financial emergency
-
Question 11 of 60
11. Question
Category: GeographyConsider the following statements:
- The Southwest Monsoons account for the most rainfall in India.
- Kerala is the first state in India to receive the monsoon rains in India every year.
Which of the above statements are correct?
Correct
Both are correct statements.
Incorrect
Both are correct statements.
-
Question 12 of 60
12. Question
Category: GeographyConsider the following statements about Geothermal Energy.
- It is a non-renewable source of energy.
- Ladakh region has shown huge potential for geothermal energy.
Which of the above statements are correct?
Correct
Geothermal Energy is a renewable source of energy. Unlike wind and solar energies, it is available 24 hours a day throughout the year.
Incorrect
Geothermal Energy is a renewable source of energy. Unlike wind and solar energies, it is available 24 hours a day throughout the year.
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Question 13 of 60
13. Question
Category: GeographyWhich of the following is/are riverine ports in India?
- Kolkata
- Cochin
- Paradip
Choose the correct answer based on the codes given:
Correct
Self-explanatory
Incorrect
Self-explanatory
-
Question 14 of 60
14. Question
Category: GeographyThe Gandhi Sagar Dam is located in which state?
Correct
Self-explanatory
Incorrect
Self-explanatory
-
Question 15 of 60
15. Question
Category: GeographyWhich of the following statements are correct?
- The highest peak in the Nilgiri Mountains is Doddabetta.
- The Kotas are the only ethnic tribal group indigenous to the Nilgiri Mountains.
Correct
There are other tribal group indigenous to the Nilgiri Mountains such as the Todas, Kurumbas and the Irulas.
Incorrect
There are other tribal group indigenous to the Nilgiri Mountains such as the Todas, Kurumbas and the Irulas.
-
Question 16 of 60
16. Question
Category: GeographyWhich of the following statements about the River Kaveri is/are correct?
- It originates in the Kodagu District in Karnataka.
- It passes through the states of Karnataka, Tamil Nadu and Kerala.
Correct
Kaveri passes through Karnataka and Tamil Nadu only.
Incorrect
Kaveri passes through Karnataka and Tamil Nadu only.
-
Question 17 of 60
17. Question
Category: Environment and EcologyWhich of the following Biosphere Reserves in India is/are part of the World Network of Biosphere Reserves?
- Agasthyamala Biosphere Reserve
- Nilgiri Biosphere Reserve
- Pachmarhi Biosphere Reserve
Correct
Nilgiri Biosphere Reserve designated part of the World Network in 2000; Pachmarhi Biosphere Reserve designated in 2009; Agasthyamala Biosphere Reserve designated in 2016.
Incorrect
Nilgiri Biosphere Reserve designated part of the World Network in 2000; Pachmarhi Biosphere Reserve designated in 2009; Agasthyamala Biosphere Reserve designated in 2016.
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Question 18 of 60
18. Question
Category: Environment and EcologyWhich of the following statements about the World Network of Biosphere Reserves (WNBR) are correct?
- It is a part of the UNESCO.
- It works to foster the harmonious integration of people and nature for sustainable development through participatory dialogue, knowledge sharing, poverty reduction, human well-being improvements, respect for cultural values and by improving society’s ability to cope with climate change.
Correct
Both 1 and 2
Incorrect
Both 1 and 2
-
Question 19 of 60
19. Question
Category: Environment and EcologyWhich of the following is/are designated as ‘Critically endangered’ species in India by the IUCN?
- Great Indian bustard
- Ganges shark
- Snow leopard
- Olive ridley sea turtle
Choose the correct answer based on the codes given below:
Correct
Snow leopard and olive ridley sea turtle are designated ‘Vulnerable’.
Incorrect
Snow leopard and olive ridley sea turtle are designated ‘Vulnerable’.
-
Question 20 of 60
20. Question
Category: GeographyConsider the following statements.
- The Snow Leopard is found only in India, Nepal and China.
- The Snow Leopard is the state animal of Uttarakhand.
Which of the above statements is/are correct?
Correct
It is the state animal of Himachal Pradesh. The state animal of Uttarakhand is the Alpine Musk Deer.
Incorrect
It is the state animal of Himachal Pradesh. The state animal of Uttarakhand is the Alpine Musk Deer.
-
Question 21 of 60
21. Question
Category: G KWhich of the following statements is/are correct?
- The Indian elephant is the state animal of Kerala and Karnataka only.
- Kerala has the highest number of elephants in India.
Correct
It is the state animal of Kerala, Karnataka and Jharkhand. Karnataka has the highest number of elephants in India although they are a significant part of the culture of Kerala.
Incorrect
It is the state animal of Kerala, Karnataka and Jharkhand. Karnataka has the highest number of elephants in India although they are a significant part of the culture of Kerala.
-
Question 22 of 60
22. Question
Category: Environment and EcologyWhich of the following statements are correct?
- India lies in the Indomalaya ecozone.
- Three of the world’s biodiversity hotspots are completely in India.
Correct
Only 2 hotspots are completely in India. The third one lies in India and Burma.
Incorrect
Only 2 hotspots are completely in India. The third one lies in India and Burma.
-
Question 23 of 60
23. Question
Category: Environment and EcologyWhich of the following are correctly matched?
- Rajaji National Park – Tamil Nadu
- Sariska National Park – Rajasthan
- Kanha National Park – Madhya Pradesh
Correct
Rajaji National Park is in Uttarakhand.
Incorrect
Rajaji National Park is in Uttarakhand.
-
Question 24 of 60
24. Question
Category: Environment and EcologyTo be considered a biodiversity hotspot on the Myers 2000 edition of the hotspot-map, a region must have which of the following criteria?
- At least 0.5% or 1500 species of vascular plants as endemics
- Must have lost at least 70% of its primary vegetation
Choose the correct answer based on the codes given:
Correct
Both the given conditions should be met.
Incorrect
Both the given conditions should be met.
-
Question 25 of 60
25. Question
Category: Art and CultureWhich of the following are UNESCO World Heritage Sites in India?
- Mahabodhi Temple Complex at Bodh Gaya
- Red Fort Complex, Delhi
- Group of Monuments at Pattadakal
Correct
1, 2 and 3
Incorrect
1, 2 and 3
-
Question 26 of 60
26. Question
Category: Environment and EcologyWhich of the following statements are correct?
- The Paris Agreement comes under the United Nations Framework Convention on Climate Change.
- One of the visions of the Paris Agreement is to keep the global temperatures ‘well below’ 2 degree Celsius above the pre-industrial times.
Correct
Both 1 and 2
Incorrect
Both 1 and 2
-
Question 27 of 60
27. Question
Category: Environment and EcologyAs per the Paris Agreement, India agreed to
- Reduce emissions intensity of its GDP by 10% by 2030 from the 2005 level.
- Power capacity to be 40% non-fossil fuel-based.
Choose the correct answer based on the codes given:
Correct
One of India’s Intended Nationally Determined Contribution (INDC) at the Agreement was to reduce emissions intensity of its GDP by 33 – 35% by 2030 from the 2005 level.
Incorrect
One of India’s Intended Nationally Determined Contribution (INDC) at the Agreement was to reduce emissions intensity of its GDP by 33 – 35% by 2030 from the 2005 level.
-
Question 28 of 60
28. Question
Category: GeographyWhen cold front passes over an area then
- Temperature decreases
- Relative humidity increases
- Sky becomes clear
Choose the correct answer based on the codes given:
Correct
Relative humidity decreases.
Incorrect
Relative humidity decreases.
-
Question 29 of 60
29. Question
Category: GeographyThe Arabian Sea branch of the monsoon is much more powerful than the Bay of Bengal branch because
- Arabian Sea is larger than the Bay of Bengal.
- The entire Arabian Sea current advances towards India, whereas only a part of the Bay of Bengal current enters India.
Choose the correct answer based on the codes given:
Correct
Both 1 and 2
Incorrect
Both 1 and 2
-
Question 30 of 60
30. Question
Category: GeographyWhat are the causes of low pressure in the equatorial region?
- High temperature
- Air convergence
- High humidity
Choose the correct answer based on the codes given:
Correct
Low pressure causes air convergence and not vice versa. High humidity does not cause low pressure in this region.
Incorrect
Low pressure causes air convergence and not vice versa. High humidity does not cause low pressure in this region.
-
Question 31 of 60
31. Question
Category: GeographyConsider the following statements with reference to laterite soil.
- They are the result of intense leaching.
- They are poor in organic matter.
Which of the statements given above is/are correct?
Correct
Both 1 and 2
Incorrect
Both 1 and 2
-
Question 32 of 60
32. Question
Category: GeographyDeltas of eastern India are shrinking due to
- Huge amount of sediments being deposited
- Construction of large dams
- Groundwater mining
Choose the correct answer based on the codes given:
Correct
Lack of sediments cause deltas to shrink.
Incorrect
Lack of sediments cause deltas to shrink.
-
Question 33 of 60
33. Question
Category: GeographyWhich of the following countries do not observe daylight saving time (DST)?
- India
- Austria
- Bahrain
Choose the correct answer based on the codes given:
Correct
Austria observes DST since 1980, and also previously intermittently.
Incorrect
Austria observes DST since 1980, and also previously intermittently.
-
Question 34 of 60
34. Question
Category: GeographyWhich of the following is/are examples of mountains of elevation?
- Rockies
- Himalayas
- Andes
- Alps
Choose the correct answer based on the codes given:
Correct
Mountains of elevation are also called Fold Mountains.
Incorrect
Mountains of elevation are also called Fold Mountains.
-
Question 35 of 60
35. Question
Category: GeographyWhich of the following is/are active volcanoes in India?
- Barren Island
- Dhinodhar Hills
- Narcondam Island
Choose the correct answer based on the codes given:
Correct
Dhinodhar Hills – inactive
Narcondam Island – dormant
Incorrect
Dhinodhar Hills – inactive
Narcondam Island – dormant
-
Question 36 of 60
36. Question
Category: GeographyThe rivers in India that flows through a rift valley are
- Luni
- Damodar
- Tapi
- Betwa
Choose the correct answer based on the codes given:
Correct
River Narmada also flows through a rift valley.
Incorrect
River Narmada also flows through a rift valley.
-
Question 37 of 60
37. Question
Category: HistoryWho among the following repealed the Vernacular Press Act?
Correct
Self-explanatory
Incorrect
Self-explanatory
-
Question 38 of 60
38. Question
Category: HistoryThe Universities of Calcutta, Bombay and Madras were established as the outcome of which among the following?
-
Question 39 of 60
39. Question
Category: HistoryThe Swaraj Party was formed after the failure of which among the following movements?
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Question 40 of 60
40. Question
Category: HistoryWhich of the following statements about Raja Ram Mohan Roy is/are correct?
- He had gone to England as the Ambassador of the Mughal Emperor Akbar II to plead the emperor’s case.
- He started the Bengali weekly newspaper Sambad Kaumudi.
-
Question 41 of 60
41. Question
Category: HistoryWhich of the following are correctly matched?
- Brahmo Samaj – Raja Ram Mohan Roy
- Satyashodhak Samaj – Jyotirao Phule
- Arya Samaj – Tukojirao Holkar II
Correct
Arya Samaj was founded by Dayananda Saraswati.
Incorrect
Arya Samaj was founded by Dayananda Saraswati.
-
Question 42 of 60
42. Question
Category: HistoryWho authored the book Satyarth Prakash, in which it was mentioned that the original home of the Aryans was Tibet?
Correct
Self-explanatory
Incorrect
Self-explanatory
-
Question 43 of 60
43. Question
Category: HistoryThe Regulation XVII, passed by the British Government was related to which among the following?
-
Question 44 of 60
44. Question
Category: HistoryWhich of the following statements about the Subsidiary Alliance is/are correct?
- It was framed by Lord Wellesley although used earlier by the French Governor-General Marquis Dupleix.
- The State of Udaipur was annexed through the Subsidiary Alliance.
Correct
Udaipur was annexed through the Doctrine of Lapse.
Incorrect
Udaipur was annexed through the Doctrine of Lapse.
-
Question 45 of 60
45. Question
Category: HistoryWhich of the following statements about the Nasik Conspiracy Case 1909 is/are correct?
- In this case, a member of the Abhinav Bharat Society shot dead the District Magistrate of Nasik A. M. T. Jackson.
- V D Savarkar was sentenced to serve time in the Cellular Jail at the Andaman and Nicobar Islands after the case’s trial.
Correct
Both 1 and 2
Incorrect
Both 1 and 2
-
Question 46 of 60
46. Question
Category: EconomyConsider the following statements:
- The Insolvency and Bankruptcy Board of India (IBBI) is the regulator for overseeing insolvency proceedings.
- The Insolvency and Bankruptcy Board of India also oversees entities like Insolvency Professional Agencies (IPA), Insolvency Professionals (IP) and Information Utilities (IU) in India.
- IBBI handles the cases using two tribunals like NCLT (National company law tribunal) and Debt recovery tribunal.
Identify the correct statements from the options given below
Correct
The Insolvency and Bankruptcy Board of India (IBBI) is the regulator for overseeing insolvency proceedings and entities like Insolvency Professional Agencies (IPA), Insolvency Professionals (IP) and Information Utilities (IU) in India. It was established on 1 October 2016 and given statutory powers through the Insolvency and Bankruptcy Code, which was passed by Lok Sabha on 5 May 2016. It covers Individuals, Companies, Limited Liability Partnerships and Partnership firms. The new code will speed up the resolution process for stressed assets in the country. It attempts to simplify the process of insolvency and bankruptcy proceedings. It handles the cases using two tribunals like NCLT (National company law tribunal) and Debt recovery tribunal.
Incorrect
The Insolvency and Bankruptcy Board of India (IBBI) is the regulator for overseeing insolvency proceedings and entities like Insolvency Professional Agencies (IPA), Insolvency Professionals (IP) and Information Utilities (IU) in India. It was established on 1 October 2016 and given statutory powers through the Insolvency and Bankruptcy Code, which was passed by Lok Sabha on 5 May 2016. It covers Individuals, Companies, Limited Liability Partnerships and Partnership firms. The new code will speed up the resolution process for stressed assets in the country. It attempts to simplify the process of insolvency and bankruptcy proceedings. It handles the cases using two tribunals like NCLT (National company law tribunal) and Debt recovery tribunal.
-
Question 47 of 60
47. Question
Category: EconomyConsider the following statements:
- The Insolvency and Bankruptcy Code, 2016 deals only with the companies that are in the financial sector.
- The Financial Regulatory and Deposit Insurance (FRDI) Bill, deals only with the companies that are in the financial sector.
- The Financial Regulatory and Deposit Insurance (FRDI) Bill seeks to establish a resolution corporation will be setup to strengthen the stability and resilience of the entities in the financial sector.
- The Financial Regulatory and Deposit Insurance (FRDI) Bill aims to strengthen and streamline the current framework of deposit insurance for the benefit of retail depositors.
Identify the correct statements from the options given below
Correct
Financial Regulatory and Deposit Insurance (FRDI) Bill:
- This Bill is similar to the Insolvency and Bankruptcy Code, 2016, which was enacted last year.
- Both of these are about issues that can arise when companies go bankrupt or insolvent, except that this Bill deals only with the companies that are in the financial sector.
- The insolvency code Act deals with companies in all other sectors.
- The FRDI will provide a comprehensive resolution framework to deal with bankruptcy situations in financial sector entities such as banks and insurance companies.
What the Bill offers?
- FRDI Bill, 2017 seeks to protect customers of financial service providers in times of financial distress.
- It also aims to inculcate discipline among financial service providers in the event of financial crises, by limiting the use of public money to bail out distressed entities.
- The Bill would help in maintaining financial stability in the economy by ensuring adequate preventive measures, while at the same time providing the necessary instruments for dealing with crisis events.
- The Bill aims to strengthen and streamline the current framework of deposit insurance for the benefit of retail depositors.
- Further, it seeks to decrease the time and costs involved in resolving distressed financial entities.
- Once enacted, a resolution corporation will be setup to strengthen the stability and resilience of the entities in the financial sector.
Incorrect
Financial Regulatory and Deposit Insurance (FRDI) Bill:
- This Bill is similar to the Insolvency and Bankruptcy Code, 2016, which was enacted last year.
- Both of these are about issues that can arise when companies go bankrupt or insolvent, except that this Bill deals only with the companies that are in the financial sector.
- The insolvency code Act deals with companies in all other sectors.
- The FRDI will provide a comprehensive resolution framework to deal with bankruptcy situations in financial sector entities such as banks and insurance companies.
What the Bill offers?
- FRDI Bill, 2017 seeks to protect customers of financial service providers in times of financial distress.
- It also aims to inculcate discipline among financial service providers in the event of financial crises, by limiting the use of public money to bail out distressed entities.
- The Bill would help in maintaining financial stability in the economy by ensuring adequate preventive measures, while at the same time providing the necessary instruments for dealing with crisis events.
- The Bill aims to strengthen and streamline the current framework of deposit insurance for the benefit of retail depositors.
- Further, it seeks to decrease the time and costs involved in resolving distressed financial entities.
- Once enacted, a resolution corporation will be setup to strengthen the stability and resilience of the entities in the financial sector.
-
Question 48 of 60
48. Question
Category: International RelationsConsider the following statements:
- Israel considers the whole of Jerusalem to be its united capital.
- Palestinians see East Jerusalem, which Israel captured in the 1967 war and subsequently annexed, as the capital of a future state.
- Most of the international community does not recognise Israeli sovereignty over East Jerusalem.
Identify the correct statements from the options given below
Correct
Israel considers the whole of Jerusalem to be its united capital. While the Palestinians see East Jerusalem, which Israel captured in the 1967 war and subsequently annexed, as the capital of a future state. Most of the international community does not recognise Israeli sovereignty over East Jerusalem.
Incorrect
Israel considers the whole of Jerusalem to be its united capital. While the Palestinians see East Jerusalem, which Israel captured in the 1967 war and subsequently annexed, as the capital of a future state. Most of the international community does not recognise Israeli sovereignty over East Jerusalem.
-
Question 49 of 60
49. Question
Category: Science and TechnologyConsider the following statements:
- Falcon Heavy is the most powerful operational rocket in the world.
- A successful test of Falcon Heavy, would be an important step toward demonstrating SpaceX’s ability to send spacecraft beyond Earth’s orbit.
Identify the correct statements from the options given below
Correct
Zuma Mission:
- “Zuma” mission: SpaceX is planning the first test flight of Falcon Heavy. Falcon Heavy is the most powerful operational rocket in the world.
- A successful test would be an important step toward demonstrating SpaceX’s ability to send spacecraft beyond Earth’s orbit, perhaps even to Mars.
- SpaceX also could try to prove it can carry people into space in 2018.
Chandrayaan-2:
- The ISRO intends to send an uncrewed orbiter, lander and rover to the moon in the first half of 2018. Known as Chandrayaan-2
- The mission aims to demonstrate that India can land a spacecraft on the moon.
- The orbiter will also beam images of the moon and information about its surface back to Earth.
Incorrect
Zuma Mission:
- “Zuma” mission: SpaceX is planning the first test flight of Falcon Heavy. Falcon Heavy is the most powerful operational rocket in the world.
- A successful test would be an important step toward demonstrating SpaceX’s ability to send spacecraft beyond Earth’s orbit, perhaps even to Mars.
- SpaceX also could try to prove it can carry people into space in 2018.
Chandrayaan-2:
- The ISRO intends to send an uncrewed orbiter, lander and rover to the moon in the first half of 2018. Known as Chandrayaan-2
- The mission aims to demonstrate that India can land a spacecraft on the moon.
- The orbiter will also beam images of the moon and information about its surface back to Earth.
-
Question 50 of 60
50. Question
Category: Current AffairsTo provide a major thrust to job creation by enhancing India’s exports, an Expert Task Force has been constituted. It has which of the following members?
- Prime Minister
- Minister of Commerce and Industry
- CEO, NITI Aayog – Member
- President, FICCI
Select the correct answer using the codes below.
Correct
It will be chaired by the Vice-Chairman of NITI Aayog, so statement 1 (Prime Minister) can’t be a member. Members of the Task force include CEO, NITI Aayog, Secretary, Department of Commerce, Secretary, Department of Industrial Policy and Promotion, Secretary, Department of Economic Affairs, Secretary, Ministry of Textiles. Leading economists and industry experts are also members of the Task Force. The task force will propose a comprehensive plan of action to generate employment and alleviate under-employment in both goods and services sectors and low wages by boosting India’s exports in key labour-intensive industries.
Incorrect
It will be chaired by the Vice-Chairman of NITI Aayog, so statement 1 (Prime Minister) can’t be a member. Members of the Task force include CEO, NITI Aayog, Secretary, Department of Commerce, Secretary, Department of Industrial Policy and Promotion, Secretary, Department of Economic Affairs, Secretary, Ministry of Textiles. Leading economists and industry experts are also members of the Task Force. The task force will propose a comprehensive plan of action to generate employment and alleviate under-employment in both goods and services sectors and low wages by boosting India’s exports in key labour-intensive industries.
-
Question 51 of 60
51. Question
Category: EconomyWhat are Systematically Important Banks (D- SIBs) as recognized by the Reserve Bank of India?
- These banks are exempt from CRR and SLR regulations.
- These are perceived as perceived as ‘Too Big To Fail (TBTF) banks.
- The RBI determines a cut-off score beyond which banks are considered as D-SIBs.
Select the correct answer using the codes below.
Correct
Concept: A few banks assume systemic importance due to their size, cross-jurisdictional activities, complexity, lack of substitutability and interconnectedness. The disorderly failure of these banks has the propensity to cause significant disruption to the essential services provided by the banking system, and in turn, to the overall economic activity. These banks are considered Systemically Important Banks (SIBs) as their continued. Functioning is critical for the uninterrupted availability of essential banking services to the real economy. After adding the State Bank of India and private lender ICICI, the Reserve Bank of India has listed HDFC to systemically important banks list. Statement 1: Since 2015, RBI has been identifying banks whose failure would impact the whole financial system. These banks are subject to more rigorous regulation and capital requirement. This perception of TBTF creates an expectation of government support for these banks at the time of distress. Due to this perception, these banks enjoy certain advantages in the funding markets. The indicators the RBI uses for identifying Domestic-SIBs are: size, interconnectedness, substitutability and complexity.
Incorrect
Concept: A few banks assume systemic importance due to their size, cross-jurisdictional activities, complexity, lack of substitutability and interconnectedness. The disorderly failure of these banks has the propensity to cause significant disruption to the essential services provided by the banking system, and in turn, to the overall economic activity. These banks are considered Systemically Important Banks (SIBs) as their continued. Functioning is critical for the uninterrupted availability of essential banking services to the real economy. After adding the State Bank of India and private lender ICICI, the Reserve Bank of India has listed HDFC to systemically important banks list. Statement 1: Since 2015, RBI has been identifying banks whose failure would impact the whole financial system. These banks are subject to more rigorous regulation and capital requirement. This perception of TBTF creates an expectation of government support for these banks at the time of distress. Due to this perception, these banks enjoy certain advantages in the funding markets. The indicators the RBI uses for identifying Domestic-SIBs are: size, interconnectedness, substitutability and complexity.
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Question 52 of 60
52. Question
Category: EconomyWhich of these is/are examples of fixed capital formation?
- Accumulation of foreign exchange reserve
- Road and bridge construction
- Energy infrastructure
- Office equipment, such as computers
Select the correct answer using the codes below.
Correct
- Statement 1: Currency is not considered as fixed capital, it is liquid capital.
- Fixed capital are the assets used in the productive process.
- Others examples include Building or expanding existing factory, Purchase of transport equipment and all other machineries used in the productive process
- Generally, the higher the capital formation of an economy, the faster an economy can grow its aggregate income. Increasing an economy’s capital stock also increases its capacity for production, which means an economy can produce more. Producing more goods and services can lead to an increase in national income levels.
Incorrect
- Statement 1: Currency is not considered as fixed capital, it is liquid capital.
- Fixed capital are the assets used in the productive process.
- Others examples include Building or expanding existing factory, Purchase of transport equipment and all other machineries used in the productive process
- Generally, the higher the capital formation of an economy, the faster an economy can grow its aggregate income. Increasing an economy’s capital stock also increases its capacity for production, which means an economy can produce more. Producing more goods and services can lead to an increase in national income levels.
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Question 53 of 60
53. Question
Category: Social IssuesTo stabilize India’s population, which of these is the prescribed Total Fertility Rate (TFR)?
Correct
TFR is the number of births attributed to each child bearing woman in the country. A TFR below 2 would tend to reduce population in the long run and a TFR above 3 will cause a population growth spiral. The Mission Parivar Vikas family planning initiative, recently launched by the government, will bring down the Total Fertility Rate (TFR) to 2.1, which is when the population starts stabilizing, by the year 2025.
Incorrect
TFR is the number of births attributed to each child bearing woman in the country. A TFR below 2 would tend to reduce population in the long run and a TFR above 3 will cause a population growth spiral. The Mission Parivar Vikas family planning initiative, recently launched by the government, will bring down the Total Fertility Rate (TFR) to 2.1, which is when the population starts stabilizing, by the year 2025.
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Question 54 of 60
54. Question
Category: Current AffairsThe Animal Welfare Board of India is a statutory advisory body on Animal Welfare Laws and promotes animal welfare in the country. It was established in 1962 under
Correct
The Animal Welfare Board of India was started under the stewardship of Late Smt. Rukmini Devi Arundale, well known humanitarian. From ensuring that animal welfare laws in the country are diligently followed, to provide grants to Animal Welfare Organizations and advising the Government of India on animal welfare issues, the Board has been the face of the animal welfare movement in the country for the last 50 years. The Board consists of 28 Members. The term of office of Members is for a period of 3 years.
Incorrect
The Animal Welfare Board of India was started under the stewardship of Late Smt. Rukmini Devi Arundale, well known humanitarian. From ensuring that animal welfare laws in the country are diligently followed, to provide grants to Animal Welfare Organizations and advising the Government of India on animal welfare issues, the Board has been the face of the animal welfare movement in the country for the last 50 years. The Board consists of 28 Members. The term of office of Members is for a period of 3 years.
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Question 55 of 60
55. Question
Category: Current AffairsHurricane Maria recently in news caused damage to which of the following places?
Correct
- Hurricane Maria is regarded as the worst natural disaster on record in Dominica and caused catastrophic damage and a major humanitarian crisis in Puerto Rico. The tenth-most intense Atlantic hurricane on record, Maria was the thirteenth named storm, seventh consecutive hurricane, fourth major hurricane, and the second Category 5 hurricane of the hyperactive 2017 Atlantic hurricane season.
Incorrect
- Hurricane Maria is regarded as the worst natural disaster on record in Dominica and caused catastrophic damage and a major humanitarian crisis in Puerto Rico. The tenth-most intense Atlantic hurricane on record, Maria was the thirteenth named storm, seventh consecutive hurricane, fourth major hurricane, and the second Category 5 hurricane of the hyperactive 2017 Atlantic hurricane season.
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Question 56 of 60
56. Question
Category: Social IssuesConsider the following statements about ‘India State Level Disease Burden’ report
- It is an initiative of Ministry of AYUSH in collaboration with the Ministry of Health and Family Welfare
- It will serve as a useful guide for fine-tuning data driven health planning specific for health situation
Which of the statements given above is/are correct?
Correct
The India State-level Disease Burden Initiative, a joint initiative between the Indian Council of Medical Research (ICMR), Public Health Foundation of India (PHFI), and Institute for Health Metrics and Evaluation (IHME) in collaboration with the Ministry of Health and Family Welfare along with experts and stakeholders associated with over 100 Indian institutions. These estimates are based on analysis of all identifiable epidemiological data from India over quarter of a century.
Incorrect
The India State-level Disease Burden Initiative, a joint initiative between the Indian Council of Medical Research (ICMR), Public Health Foundation of India (PHFI), and Institute for Health Metrics and Evaluation (IHME) in collaboration with the Ministry of Health and Family Welfare along with experts and stakeholders associated with over 100 Indian institutions. These estimates are based on analysis of all identifiable epidemiological data from India over quarter of a century.
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Question 57 of 60
57. Question
Category: EconomyConsider the following statements about Tragedy of the Commons
- It is a utilitarian principle
- In this, the individual does not harm another being for his benefits
Select the correct answer using the code given below.
Correct
The tragedy of the commons is an economic problem in which every individual tries to reap the greatest benefit from a given resource. As the demand for the resource overwhelms the supply, every individual who consumes an additional unit directly harms others who can no longer enjoy the benefits. Generally, the resource of interest is easily available to all individuals; the tragedy of the commons occurs when individuals neglect the well-being of society in the pursuit of personal gain.
Incorrect
The tragedy of the commons is an economic problem in which every individual tries to reap the greatest benefit from a given resource. As the demand for the resource overwhelms the supply, every individual who consumes an additional unit directly harms others who can no longer enjoy the benefits. Generally, the resource of interest is easily available to all individuals; the tragedy of the commons occurs when individuals neglect the well-being of society in the pursuit of personal gain.
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Question 58 of 60
58. Question
Category: International RelationsIndia signed ‘123 agreement’ with which of the following countries?
Correct
The 123 Agreement signed between the United States of America and the Republic of India is known as the U.S.–India Civil Nuclear Agreement or Indo-US nuclear deal.
Incorrect
The 123 Agreement signed between the United States of America and the Republic of India is known as the U.S.–India Civil Nuclear Agreement or Indo-US nuclear deal.
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Question 59 of 60
59. Question
Category: SchemesConsider the following statements:
- National Programme for Organic Production is implemented by Ministry of Agriculture.
- The Participatory Guarantee System for India is implemented by Ministry of Commerce.
- The Participatory Guarantee System for India involves a peer-review approach.
Identify the correct statements from the codes below
Correct
National Programme for Organic Production (NPOP) run by the Ministry of Commerce and was used for certifying general exports. The Participatory Guarantee System for India. The PGS-India programme, involves a peer-review approach. Here, farmers played a role in certifying whether the farms in their vicinity adhered to organic-cultivation practices. This programme was implemented by the Ministry of Agriculture through the National Centre of Organic Farming.
Incorrect
National Programme for Organic Production (NPOP) run by the Ministry of Commerce and was used for certifying general exports. The Participatory Guarantee System for India. The PGS-India programme, involves a peer-review approach. Here, farmers played a role in certifying whether the farms in their vicinity adhered to organic-cultivation practices. This programme was implemented by the Ministry of Agriculture through the National Centre of Organic Farming.
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Question 60 of 60
60. Question
Category: Art and CultureTat Tvam Asi, a sanskrit phrase, originally occurs in which of the following Upanishads?
Correct
“Tat Tvam Asi” is a Sanskrit phrase is one of the Mahāvākyas (Grand Pronouncements) in Vedantic Sanatana Dharma. It originally occurs in the Chandogya Upanishad, a Sanskrit text embedded in the Chandogya Brahmana of the Sama Veda of Hinduism.
Incorrect
“Tat Tvam Asi” is a Sanskrit phrase is one of the Mahāvākyas (Grand Pronouncements) in Vedantic Sanatana Dharma. It originally occurs in the Chandogya Upanishad, a Sanskrit text embedded in the Chandogya Brahmana of the Sama Veda of Hinduism.
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