QUIZ – 2017: Insights Current Affairs Quiz,05 November 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.
Hope you enjoy this quiz. If you like it, then please share it. Thank you.
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 5
1. Question
1 pointsConsider the following statements:
- Bandar Abbas opens out to the strait of Hormuz.
- Chabahar is nearer to Gwadar than it is to Bandar Abbas.
Which of the statements given above is/are correct?
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Question 2 of 5
2. Question
1 pointsConsider the following statements in the context of Capital Adequacy Ratio, a term sometimes seen in the news:
1.Basel norms are applicable to NBFCs in India.
- The CAR norms for Indian banks is 9 per cent.
- Indian banks with foreign presence must maintain a CAR of 8 per cent.
Which of the statements given above is/are correct?
Correct
Solution: a.
The RBI guidelines regarding the CAR norms in India:
- Basel-I norm of the CAR was to be achieved by the Indian banks by
- The CAR norm was raised to 9 percent with effect from 2000 (Narasimham Committee-II had recommended to raise it to 10 per cent).
- Foreign banks as well as Indian banks with foreign presence as well as other Scheduled Commercial Banks to follow Basel- II norms, e.f. 2008/2009. The Basel-II norm for the CAR is 12 per cent.
Banking in India, Indian Economy by Ramesh Singh;
In the news: TH;
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Incorrect
Solution: a.
The RBI guidelines regarding the CAR norms in India:
- Basel-I norm of the CAR was to be achieved by the Indian banks by
- The CAR norm was raised to 9 percent with effect from 2000 (Narasimham Committee-II had recommended to raise it to 10 per cent).
- Foreign banks as well as Indian banks with foreign presence as well as other Scheduled Commercial Banks to follow Basel- II norms, e.f. 2008/2009. The Basel-II norm for the CAR is 12 per cent.
Banking in India, Indian Economy by Ramesh Singh;
In the news: TH;
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Question 3 of 5
3. Question
1 pointsNew Caledonia, recently in the news, is
1.A French territory in the Atlantic Ocean.
2.Rich in tellurium deposits, used in the manufacture of advanced solar panels.
Select the correct answer using the code given below:
Correct
Solution: d.
BBC: Voters in the French Pacific territory of New Caledonia have rejected a bid for independence… New Caledonia has large deposits of nickel, a vital component in manufacturing electronics, and is seen by France as a strategic political and economic asset in the region.
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Incorrect
Solution: d.
BBC: Voters in the French Pacific territory of New Caledonia have rejected a bid for independence… New Caledonia has large deposits of nickel, a vital component in manufacturing electronics, and is seen by France as a strategic political and economic asset in the region.
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Question 4 of 5
4. Question
1 points‘Seven minutes of terror’, a phrase only sometimes seen in the news, is endured by
Correct
Solution: a.
BBC: NASA has released a video describing the perilous journey its InSight probe will make to the surface of Mars later this month. Fronted by Rob Manning, the chief engineer at Nasa’s Jet Propulsion Laboratory, the film describes the various stages of what is termed “entry, descent and landing”, or EDL. It is a sequence of high jeopardy… The agency produced a similar video for its Curiosity Mars lander in 2012 called The 7 Minutes of Terror.
Incorrect
Solution: a.
BBC: NASA has released a video describing the perilous journey its InSight probe will make to the surface of Mars later this month. Fronted by Rob Manning, the chief engineer at Nasa’s Jet Propulsion Laboratory, the film describes the various stages of what is termed “entry, descent and landing”, or EDL. It is a sequence of high jeopardy… The agency produced a similar video for its Curiosity Mars lander in 2012 called The 7 Minutes of Terror.
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Question 5 of 5
5. Question
1 pointsPESO, or the Petroleum Explosives and Safety Organisation, functions under the aegis of
Correct
Solution: d.
DIPP: As a statutory authority, PESO is entrusted with the responsibilities under the Explosives Act, 1884; Petroleum Act, 1934, Inflammable Substances Act, 1952, and Environment (Protection Act), 1986.
http://peso.gov.in/index.aspx;
In the news due to firecrackers-related orders from the Supreme Court.
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Incorrect
Solution: d.
DIPP: As a statutory authority, PESO is entrusted with the responsibilities under the Explosives Act, 1884; Petroleum Act, 1934, Inflammable Substances Act, 1952, and Environment (Protection Act), 1986.
http://peso.gov.in/index.aspx;
In the news due to firecrackers-related orders from the Supreme Court.
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