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The following Quiz is based on the Hindu, PIB and other news sources.It is a current events based quiz.Solving these questions will help retain both concepts and facts relevant to UPSC IAS civil services exam.
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New Initiative: Revision Through MCQs (RTM) – Revision of Current Affairs Made Interesting
As revision is the key to success in this exam, we are starting a new initiative where you will revise current affairs effectively through MCQs (RTM) that are solely based on
Insights Daily Current Affairs.
These questions will be different than our regular
current affairs quiz.These questions are framed to TEST how well you have read and revised Insights Current Affairson daily basis.
We will post nearly 10 MCQs every day which are based on previous day’s Insights current affairs.Tonight we will be posting RTM questions on the
Insights current affairsof October 3, 2019.
The added advantage of this initiative is it will help you solve at least 20 MCQs daily (5 Static + 5 CA
Quiz+ 10 RTM) – thereby helping you improve your retention as well as elimination and guessing skills.
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1.
Question1 points
Consider the following statements:
– Black carbon is a short-lived climate pollutant with a lifetime of only days to weeks after release in the atmosphere.
– Black carbon is the second-largest contributor to warming the planet behind carbon dioxide (CO2).
Which of the statements given above is/are correct?Correct
Ans: (c )
Explanation:
– Black carbon is a short-lived climate pollutant with a lifetime of only days to weeks after release in the atmosphere.
– Black carbon is formed by the incomplete combustion of fossil fuels, wood, and other fuels
– BC is the second-largest contributor to warming the planet behind carbon dioxide (CO2).
Refer:
Ans: (c )
Explanation:
– Black carbon is a short-lived climate pollutant with a lifetime of only days to weeks after release in the atmosphere.
– Black carbon is formed by the incomplete combustion of fossil fuels, wood, and other fuels
– BC is the second-largest contributor to warming the planet behind carbon dioxide (CO2).
Refer:
2.Question1 points
Consider the following statements regarding Community Forest Resource rights:
– The Community Forest Resource rights are recognised under Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act.
– It recognises the community’s right to use, manage and conserve forest resources.
Which of the statements given above is/are correct?Correct
Ans: ( c)
Explanation:
– The Community Forest Resource rights under Section 3(1)(i) of the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act (commonly referred to as the Forest Rights Act or the FRA) provide for recognition of the right to “protect, regenerate or conserve or manage” the community forest resource.
– These rights allow the community to formulate rules for forest use by itself and others and thereby discharge its responsibilities under Section 5 of the FRA.
– Why is the recognition of CFR rights important?
– It is important as it recognises the community’s right to use, manage and conserve forest resources, and to legally hold forest land that these communities have used for cultivation and residence.
– It also underlines the integral role that forest dwellers play in sustainability of forests and in conservation of biodiversity.
Refer:
Ans: ( c)
Explanation:
– The Community Forest Resource rights under Section 3(1)(i) of the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act (commonly referred to as the Forest Rights Act or the FRA) provide for recognition of the right to “protect, regenerate or conserve or manage” the community forest resource.
– These rights allow the community to formulate rules for forest use by itself and others and thereby discharge its responsibilities under Section 5 of the FRA.
– Why is the recognition of CFR rights important?
– It is important as it recognises the community’s right to use, manage and conserve forest resources, and to legally hold forest land that these communities have used for cultivation and residence.
– It also underlines the integral role that forest dwellers play in sustainability of forests and in conservation of biodiversity.
Refer:
3.Question1 points
Consider the following statements about Investor Education and Protection Fund (IEPF)
– It is managed by the Reserve Bank of India.
– It comes under the aegis of the Ministry of Corporate Affairs.
Which of the statements given above is/are correct?Correct
Ans: (b)
Explanation: About Investor Education and Protection Fund (IEPF)
– It is managed by the IEPF Authority, which was set up in 2016 under the provisions of Section 125 of the Companies Act, of 2013.
– It comes under the aegis of the Ministry of Corporate Affairs.
– The Authority is entrusted with the responsibility of administration of the IEPF, which, besides promoting awareness among investors, makes refunds of shares, unclaimed dividends, matured deposits and debentures and so on to rightful claimants.
Refer:
https://www.insightsonindia.com/2023/01/03/crypto-awareness-campaign/Incorrect
Ans: (b)
Explanation: About Investor Education and Protection Fund (IEPF)
– It is managed by the IEPF Authority, which was set up in 2016 under the provisions of Section 125 of the Companies Act, of 2013.
– It comes under the aegis of the Ministry of Corporate Affairs.
– The Authority is entrusted with the responsibility of administration of the IEPF, which, besides promoting awareness among investors, makes refunds of shares, unclaimed dividends, matured deposits and debentures and so on to rightful claimants.
Refer:
https://www.insightsonindia.com/2023/01/03/crypto-awareness-campaign/
4.
Question1 points
Consider the following statements:
– All crypto-currencies are based on Blockchain technology.
– Altcoins refer to a class of alternative crypto-currencies that were launched after the success of Bitcoin.
Which of the above statements is/are incorrect?Correct
Ans: (a)
Explanation:
– Not all crypto-currencies are based on Blockchain technology.For instance, ‘IOTA’ is one such crypto-currency.Instead of a blockchain, IOTA uses a mathematical ‘tangle’.
– Altcoins are the alternative cryptocurrencies launched after the success of Bitcoin.Generally, they project themselves as better substitutes to Bitcoin.
Refer:
https://www.insightsonindia.com/2023/01/03/crypto-awareness-campaign/Incorrect
Ans: (a)
Explanation:
– Not all crypto-currencies are based on Blockchain technology.For instance, ‘IOTA’ is one such crypto-currency.Instead of a blockchain, IOTA uses a mathematical ‘tangle’.
– Altcoins are the alternative cryptocurrencies launched after the success of Bitcoin.Generally, they project themselves as better substitutes to Bitcoin.
Refer:
https://www.insightsonindia.com/2023/01/03/crypto-awareness-campaign/
5.Question1 points
With reference to “Blockchain Technology”, consider the following statements:
– It is a public ledger that everyone can inspect, but which no single user controls.
– The structure and design of the blockchain are such that all the data in it are about cryptocurrency only.
– Applications that depend on the basic features of blockchain can be developed without anybody’s permission.
Which of the statements given above is/are correct?Correct
Ans: (d)
Explanation:
– A blockchain is a decentralized, distributed, and oftentimes public, digital ledger consisting of records called blocks that is used to record transactions across many computers so that any involved block cannot be altered retroactively, without the alteration of all subsequent blocks.
– This allows the participants to verify and audit transactions independently and relatively inexpensively.
A blockchain database is managed autonomously using a peer-to-peer network and a distributed timestamping server.They are authenticated by mass collaboration powered by collective self-interests.
Such a design facilitates robust workflow where participants’ uncertainty regarding data security is marginal.
– The great advantage to an open, permissionless, or public, blockchain network is that guarding against bad actors is not required and no access control is needed.This means that applications can be added to the network without the approval or trust of others, using the blockchain as a transport layer.
– S2 is clearly wrong, Blockchain can be used for a variety of purposes of which cryptocurrency is only one of them.
Refer:
https://www.insightsonindia.com/2023/01/03/crypto-awareness-campaign/Incorrect
Ans: (d)
Explanation:
– A blockchain is a decentralized, distributed, and oftentimes public, digital ledger consisting of records called blocks that is used to record transactions across many computers so that any involved block cannot be altered retroactively, without the alteration of all subsequent blocks.
– This allows the participants to verify and audit transactions independently and relatively inexpensively.
A blockchain database is managed autonomously using a peer-to-peer network and a distributed timestamping server.They are authenticated by mass collaboration powered by collective self-interests.Such a design facilitates robust workflow where participants’ uncertainty regarding data security is marginal.
– The great advantage to an open, permissionless, or public, blockchain network is that guarding against bad actors is not required and no access control is needed.This means that applications can be added to the network without the approval or trust of others, using the blockchain as a transport layer.
– S2 is clearly wrong, Blockchain can be used for a variety of purposes of which cryptocurrency is only one of them.
Refer:
https://www.insightsonindia.com/2023/01/03/crypto-awareness-campaign/
6.Question1 points
“VIRAASAT” is aCorrect
Ans: (d)
Explanation:
– The Ministry of Textiles is organizing the festival second phase of the Sari Festival “VIRAASAT”
– A social media campaign has been launched under the common hashtag #MySariMyPride to support our handloom weavers.
Coinciding with the 75 years of Independence, “Azadi ka Amrit Mahotsav” there will be an exhibition-cum-sale of Handloom Saris by 75 handloom weavers.
Refer: facts for prelims:
Ans: (d)
Explanation:
– The Ministry of Textiles is organizing the festival second phase of the Sari Festival “VIRAASAT”
– A social media campaign has been launched under the common hashtag #MySariMyPride to support our handloom weavers.Coinciding with the 75 years of Independence, “Azadi ka Amrit Mahotsav” there will be an exhibition-cum-sale of Handloom Saris by 75 handloom weavers.
Refer: facts for prelims:
7.Question1 points
Consider the following statements about Higher Education Financing Agency (HEFA):
– It was set up by the Centre in 2017 to upgrade the education infrastructure in the higher education institutions under the Government of India.
– It was set up as a non-profit Non-Banking Financing Company (NBFC).
– The government expanded the scope of HEFA in 2018 under the Revitalizing Infrastructure and Systems in Education or RISE by 2022 initiative.
Which of the statements given above is/are correct?Correct
Ans: (d)
Explanation:
– HEFA was set up by the Centre in 2017 to upgrade the education infrastructure in the higher education institutions under the Government of India.
– It has sanctioned 144 loans worth Rs 35,000 crore so far, falling short of the government’s target of mobilising Rs 1 lakh crore by 2022
– HEFA, which was set up as a non-profit Non-Banking Financing Company (NBFC), is a joint venture between the Union Ministry of Education and the Canara Bank to finance infrastructure development in educational institutions through long-term loans.
– While the premium is paid by the institute, interest is paid by the government.
– The government expanded the scope of HEFA in 2018 under the Revitalizing Infrastructure and Systems in Education or RISE by 2022 initiative, bringing schools and medical colleges under its ambit, and making it the nodal body in infrastructure financing in the education sector.
Refer: facts for prelims:
Ans: (d)
Explanation:
– HEFA was set up by the Centre in 2017 to upgrade the education infrastructure in the higher education institutions under the Government of India.
– It has sanctioned 144 loans worth Rs 35,000 crore so far, falling short of the government’s target of mobilising Rs 1 lakh crore by 2022
– HEFA, which was set up as a non-profit Non-Banking Financing Company (NBFC), is a joint venture between the Union Ministry of Education and the Canara Bank to finance infrastructure development in educational institutions through long-term loans.
– While the premium is paid by the institute, interest is paid by the government.
– The government expanded the scope of HEFA in 2018 under the Revitalizing Infrastructure and Systems in Education or RISE by 2022 initiative, bringing schools and medical colleges under its ambit, and making it the nodal body in infrastructure financing in the education sector.
Refer: facts for prelims:
8.Question1 points
With reference to Wassenaar Arrangement, consider the following statements:
– It is a voluntary export control regime whose members exchange information on transfers of conventional weapons and dual-use goods and technologies.
– It has 42 member states comprising mostly NATO (North Atlantic Treaty Organization) and EU states.
– Its Secretariat is in Vienna, Austria.
Which of the statements given above is/are correct?Correct
Ans: (d)
Explanation:
– The Wassenaar Arrangement, formally established in July 1996, is a voluntary export control regime whose 42 members [1] exchange information on transfers of conventional weapons and dual-use goods and technologies.
– Wassenaar Arrangement’s Secretariat is in Vienna, Austria.
Refer: facts for prelims:
Ans: (d)
Explanation:
– The Wassenaar Arrangement, formally established in July 1996, is a voluntary export control regime whose 42 members [1] exchange information on transfers of conventional weapons and dual-use goods and technologies.
– Wassenaar Arrangement’s Secretariat is in Vienna, Austria.
Refer: facts for prelims:
9.Question1 points
The ‘SMART’ program aimed to boost scientific research inCorrect
Ans: (c )
Explanation:
– : The National Commission for Indian System of Medicine (NCISM) and the Central Council for Research in Ayurvedic Sciences (CCRAS), under the Ministry of Ayush, have launched ‘SMART’ (Scope for Mainstreaming Ayurveda Research in Teaching Professionals) program aimed to boost scientific research in priority healthcare research areas through Ayurveda colleges and hospitals
– Objective:
– To identify, support and promote innovative research ideas in healthcare research
– Osteoarthritis, Iron Deficiency Anaemia, Chronic Bronchitis, Dyslipidemia, Rheumatoid Arthritis, Obesity, Diabetes Mellitus, Psoriasis, Generalised Anxiety Disorder, and Non-alcoholic fatty liver disease (NAFLD) will be covered under this.
Refer: facts for prelims:
Ans: (c )
Explanation:
– : The National Commission for Indian System of Medicine (NCISM) and the Central Council for Research in Ayurvedic Sciences (CCRAS), under the Ministry of Ayush, have launched ‘SMART’ (Scope for Mainstreaming Ayurveda Research in Teaching Professionals) program aimed to boost scientific research in priority healthcare research areas through Ayurveda colleges and hospitals
– Objective:
– To identify, support and promote innovative research ideas in healthcare research
– Osteoarthritis, Iron Deficiency Anaemia, Chronic Bronchitis, Dyslipidemia, Rheumatoid Arthritis, Obesity, Diabetes Mellitus, Psoriasis, Generalised Anxiety Disorder, and Non-alcoholic fatty liver disease (NAFLD) will be covered under this.
Refer: facts for prelims:
10.
Question1 points
The ‘Kotia’ territory dispute is between theCorrect
Ans: (a)
Explanation:
Refer: facts for prelims:
Ans: (a)
Explanation:
Refer: facts for prelims:
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