QUIZ – 2017: Insights Current Affairs Quiz – 30 JANUARY 2018
QUIZ – 2017: Insights Current Affairs Quiz
The following quiz will have 5-10 MCQs . The questions are mainly framed from The Hindu and PIB news articles.
This quiz is intended to introduce you to concepts and certain important facts relevant to UPSC IAS civil services preliminary exam 2018. It is not a test of your knowledge. If you score less, please do not mind. Read again sources provided and try to remember better.
Please try to enjoy questions, discuss the concepts and facts they try to test from you and suggest improvements.
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INSIGHTS CURRENT EVENTS QUIZ 2017
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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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Question 1 of 6
1. Question
1 pointsThe ‘Mahia Peninsula’ opens out to the
Correct
Solution: a.
The world’s first ‘private orbital launch site’ is located on this peninsula in New Zealand. It is owned by the Los Angeles-based commercial spaceflight company Rocket Lab. The company recently launched its electron vehicle successfully for the first time.
http://www.bbc.com/news/science-environment-42780872;
From 2016: https://www.space.com/34195-rocket-lab-opens-private-launch-site-new-zealand.html;
Incorrect
Solution: a.
The world’s first ‘private orbital launch site’ is located on this peninsula in New Zealand. It is owned by the Los Angeles-based commercial spaceflight company Rocket Lab. The company recently launched its electron vehicle successfully for the first time.
http://www.bbc.com/news/science-environment-42780872;
From 2016: https://www.space.com/34195-rocket-lab-opens-private-launch-site-new-zealand.html;
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Question 2 of 6
2. Question
1 pointsThe ‘Humanity Star’, recently in the news, is
Correct
Solution: b.
A highly reflective sphere has been placed in orbit by the America-based start-up Rocket Lab, whose Electron boosters operate from Mahia Peninsula in North Island, New Zealand (this is not the first time an object has been launched purely for its reflective properties). Akin to a giant “disco ball”, the object should be visible to the naked eye as it sweeps across a twilight sky.
The company said its “Humanity Star” was an attempt to create a shared experience for everyone on Planet Earth. “No matter where you are in the world, or what is happening in your life, everyone will be able to see the Humanity Star in the night sky,” said Rocket Lab CEO Peter Beck in a statement. “My hope is that all those looking up at it will look past it to the vast expanse of the Universe and think a little differently about their lives, actions and what is important for humanity.”
Incorrect
Solution: b.
A highly reflective sphere has been placed in orbit by the America-based start-up Rocket Lab, whose Electron boosters operate from Mahia Peninsula in North Island, New Zealand (this is not the first time an object has been launched purely for its reflective properties). Akin to a giant “disco ball”, the object should be visible to the naked eye as it sweeps across a twilight sky.
The company said its “Humanity Star” was an attempt to create a shared experience for everyone on Planet Earth. “No matter where you are in the world, or what is happening in your life, everyone will be able to see the Humanity Star in the night sky,” said Rocket Lab CEO Peter Beck in a statement. “My hope is that all those looking up at it will look past it to the vast expanse of the Universe and think a little differently about their lives, actions and what is important for humanity.”
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Question 3 of 6
3. Question
1 points‘Day Zero’, a probable scenario that is being referred to with respect to a South African town, will have been caused due to
Correct
Solution: a.
Cape Town, home to Table Mountain, African penguins, sunshine and sea, is a world-renowned tourist destination. But it could also become famous for being the first major city in the world to run out of water.
A severe drought has forced Cape Town’s municipality to limit water consumption to 50 litres per person per day in an effort to delay what has become known as Day Zero, which has been set for 12 April (revised down once already from 21 April), when the water supply will be shut. Failure to stick to the limit only means one thing: Day Zero will get even closer in the city of more than four million people.
http://www.bbc.com/news/business-42626790;
http://www.bbc.com/news/world-africa-42836560;
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Incorrect
Solution: a.
Cape Town, home to Table Mountain, African penguins, sunshine and sea, is a world-renowned tourist destination. But it could also become famous for being the first major city in the world to run out of water.
A severe drought has forced Cape Town’s municipality to limit water consumption to 50 litres per person per day in an effort to delay what has become known as Day Zero, which has been set for 12 April (revised down once already from 21 April), when the water supply will be shut. Failure to stick to the limit only means one thing: Day Zero will get even closer in the city of more than four million people.
http://www.bbc.com/news/business-42626790;
http://www.bbc.com/news/world-africa-42836560;
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Question 4 of 6
4. Question
1 pointsThe concept of office of profit originates from
Correct
Solution: a.
The concept of office of profit originates from Britain where, during the conflicts between the Crown and the Parliament in the 16th century, the House of Commons disqualified members from holding executive appointments under the Monarch. The underlying principle behind this is the doctrine of separation of powers. The office of profit rule seeks to ensure that legislators act independently and are not lured by offers from the executive.
http://www.thehindu.com/opinion/op-ed/a-path-to-executive-power/article22579951.ece;
Incorrect
Solution: a.
The concept of office of profit originates from Britain where, during the conflicts between the Crown and the Parliament in the 16th century, the House of Commons disqualified members from holding executive appointments under the Monarch. The underlying principle behind this is the doctrine of separation of powers. The office of profit rule seeks to ensure that legislators act independently and are not lured by offers from the executive.
http://www.thehindu.com/opinion/op-ed/a-path-to-executive-power/article22579951.ece;
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Question 5 of 6
5. Question
1 pointsConsider the following statements about the Indian Commodity Exchange Limited:
1.The exchange is a public-private partnership
2.The world’s first diamond futures exchange began operations under its aegis
Select the correct answer using the code given below:
Correct
Solution: c.
Indian Commodity Exchange Limited is a nation-wide on-line trading platform in commodity derivative. The Exchange is a public-private partnership with MMTC Ltd, Indian Potash Ltd, KRIBHCO, IDFC Bank Ltd, Reliance Exchangenext Ltd (Reliance Capital) and Indiabulls Housing Finance Ltd as prominent shareholders.
The Indian Commodity Exchange Ltd (ICEX) commenced the world’s first diamond futures exchange trading operations last year.
“We have seen a healthy growth in trading volumes, which shows that it has emerged as a good investment option for common investors, enabling them to diversify their portfolio,” said the chief executive officer of ICEX.
https://www.icexindia.com/static/organization-profile.aspx;
Source/Improvisation: http://www.thehindu.com/news/national/diamonds-make-the-cut-with-domestic-investors/article22580502.ece;
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Incorrect
Solution: c.
Indian Commodity Exchange Limited is a nation-wide on-line trading platform in commodity derivative. The Exchange is a public-private partnership with MMTC Ltd, Indian Potash Ltd, KRIBHCO, IDFC Bank Ltd, Reliance Exchangenext Ltd (Reliance Capital) and Indiabulls Housing Finance Ltd as prominent shareholders.
The Indian Commodity Exchange Ltd (ICEX) commenced the world’s first diamond futures exchange trading operations last year.
“We have seen a healthy growth in trading volumes, which shows that it has emerged as a good investment option for common investors, enabling them to diversify their portfolio,” said the chief executive officer of ICEX.
https://www.icexindia.com/static/organization-profile.aspx;
Source/Improvisation: http://www.thehindu.com/news/national/diamonds-make-the-cut-with-domestic-investors/article22580502.ece;
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Question 6 of 6
6. Question
1 pointsAccording to the latest economic survey, India must continue improving the climate for rapid economic growth on the strength of the only “two truly sustainable engines” that are
Correct
Solution: c.
“Citing job creation and education as key priorities, the Survey sets out a plan for rapid economic expansion by recommending that policymakers keep their sights trained on strengthening “the only two truly sustainable engines — private investment and exports.”
http://www.thehindu.com/opinion/editorial/economic-survey-cautious-optimism/article22579781.ece;
Chapter 1, State of the Economy, Economic Survey 2017-18;
Incorrect
Solution: c.
“Citing job creation and education as key priorities, the Survey sets out a plan for rapid economic expansion by recommending that policymakers keep their sights trained on strengthening “the only two truly sustainable engines — private investment and exports.”
http://www.thehindu.com/opinion/editorial/economic-survey-cautious-optimism/article22579781.ece;
Chapter 1, State of the Economy, Economic Survey 2017-18;