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 2021. 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 AFFAIRS QUIZ 2020
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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 pointsWhich of the following sub-sectors are considered while calculating Index of Industrial Production (IIP)?
- Capital Goods
- Infrastructure Goods
- Consumer Non-durables
- Intermediate Goods
Select the correct answer code:
Correct
Solution: c)
The second way to classify the basket of products mapped under IIP.
As such, there are 6 sub-categories:
- Primary Goods (consisting of mining, electricity, fuels and fertilisers)
- Capital Goods (e.g. machinery items)
- Intermediate Goods (e.g. yarns, chemicals, semi-finished steel items, etc)
- Infrastructure Goods (e.g. paints, cement, cables, bricks and tiles, rail materials, etc)
- Consumer Durables (e.g. garments, telephones, passenger vehicles, etc)
- Consumer Non-durables (e.g. food items, medicines, toiletries, etc)
Incorrect
Solution: c)
The second way to classify the basket of products mapped under IIP.
As such, there are 6 sub-categories:
- Primary Goods (consisting of mining, electricity, fuels and fertilisers)
- Capital Goods (e.g. machinery items)
- Intermediate Goods (e.g. yarns, chemicals, semi-finished steel items, etc)
- Infrastructure Goods (e.g. paints, cement, cables, bricks and tiles, rail materials, etc)
- Consumer Durables (e.g. garments, telephones, passenger vehicles, etc)
- Consumer Non-durables (e.g. food items, medicines, toiletries, etc)
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Question 2 of 5
2. Question
1 pointsConsider the following statements regarding AT1 bonds (additional tier-1 bonds).
- These are unsecured bonds which have a fixed tenure.
- These bonds are typically used by banks to bolster their core or tier-1 capital.
- Mutual funds (MFs) are among the largest investors in these bonds.
Which of the above statements is/are correct?
Correct
Solution: b)
AT1 Bonds stand for additional tier-1 bonds. These are unsecured bonds which have perpetual tenure. In other words, the bonds have no maturity date. They have call option, which can be used by the banks to buy these bonds back from investors. These bonds are typically used by banks to bolster their core or tier-1 capital. AT1 bonds are subordinate to all other debt and only senior to common equity. Mutual funds (MFs) are among the largest investors in perpetual debt instruments, and hold over Rs 35,000 crore of the outstanding additional tier-I bond issuances of Rs 90,000 crore.
Incorrect
Solution: b)
AT1 Bonds stand for additional tier-1 bonds. These are unsecured bonds which have perpetual tenure. In other words, the bonds have no maturity date. They have call option, which can be used by the banks to buy these bonds back from investors. These bonds are typically used by banks to bolster their core or tier-1 capital. AT1 bonds are subordinate to all other debt and only senior to common equity. Mutual funds (MFs) are among the largest investors in perpetual debt instruments, and hold over Rs 35,000 crore of the outstanding additional tier-I bond issuances of Rs 90,000 crore.
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Question 3 of 5
3. Question
1 pointsConsider the following statements regarding Seabuckthorn.
- It is a shrub which produces an orange-yellow coloured edible berry.
- In India, it is found in the Himalayan region, generally in dry areas such as the cold deserts of Ladakh and Spiti.
- It is a soil-binding plant which prevents soil-erosion, checks siltation in rivers and helps preserve floral biodiversity.
Which of the above statements is/are correct?
Correct
Solution: d)
The Himachal Pradesh government has decided to start planting seabuckthorn in the cold desert areas of the state.
What is seabuckthorn?
It’s a shrub which produces an orange-yellow coloured edible berry. In India, it is found above the tree line in the Himalayan region, generally in dry areas such as the cold deserts of Ladakh and Spiti. In Himachal Pradesh, it is locally called chharma and grows in the wild in Lahaul and Spiti and parts of Kinnaur.
As a folk medicine, seabuckthorn has been widely used for treating stomach, heart and skin problems. In the last few decades, scientific research worldwide has backed many of its traditional uses. “Its fruit and leaves are rich in vitamins, carotenoids and omega fatty acids, among other substances, and it can help troops in acclimatising to high-altitude
Besides being an important source of fuelwood and fodder, seabuckthorn is a soil-binding plant which prevents soil-erosion, checks siltation in rivers and helps preserve floral biodiversity.
Incorrect
Solution: d)
The Himachal Pradesh government has decided to start planting seabuckthorn in the cold desert areas of the state.
What is seabuckthorn?
It’s a shrub which produces an orange-yellow coloured edible berry. In India, it is found above the tree line in the Himalayan region, generally in dry areas such as the cold deserts of Ladakh and Spiti. In Himachal Pradesh, it is locally called chharma and grows in the wild in Lahaul and Spiti and parts of Kinnaur.
As a folk medicine, seabuckthorn has been widely used for treating stomach, heart and skin problems. In the last few decades, scientific research worldwide has backed many of its traditional uses. “Its fruit and leaves are rich in vitamins, carotenoids and omega fatty acids, among other substances, and it can help troops in acclimatising to high-altitude
Besides being an important source of fuelwood and fodder, seabuckthorn is a soil-binding plant which prevents soil-erosion, checks siltation in rivers and helps preserve floral biodiversity.
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Question 4 of 5
4. Question
1 pointsThe commercial applications of nano-technology in agriculture sector include
- Delivery of pesticides and fertilizers
- Monitoring soil conditions and plant growth
- Detection of animal and plant pathogens
- Deliver DNA to plants
Select the correct answer code:
Correct
Solution: c)
Incorrect
Solution: c)
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Question 5 of 5
5. Question
1 pointsWhich of the following glaciers are located in Uttarakhand?
- Bandarpunch Glacier
- Zemu Glacier
- Nubra Glacier
- Nanda Devi Glacier
Select the correct answer code:
