INSIGHTS CURRENT Affairs RTM - 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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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 Affairs on 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 affairs of 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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- Question 1 of 10
1. Question
1 pointsWhich of the following statement(s) is/are true about the Moplah rebellion?
CorrectAns: (d)
Explanation:
- S3: The main leaders of the rebellion were Ali Musliyar, Variankunnath Kunjahammad Haji, Sithi Koya Thangal and M. P. Narayana Menon.
- S2: The Moplah rebellion of 1921 was an attempt to overthrow the British government in Kerala. It was an expression of dissatisfaction of the Moplahs against British rule
- S1: The Moplahs were mostly agricultural labourers on land owned by the upper-caste Hindus under the British.
- The movement was led by the Moplahs, the indigenous Muslim community in Kerala’s Malabar region, who trace their origin to the coming of the Arab traders in the 9th century, credited with having brought Islam to the west coast of India.
Refer: https://www.insightsonindia.com/2021/08/30/glued-to-their-names-a-slice-of-malabar-rebellion/
IncorrectAns: (d)
Explanation:
- S3: The main leaders of the rebellion were Ali Musliyar, Variankunnath Kunjahammad Haji, Sithi Koya Thangal and M. P. Narayana Menon.
- S2: The Moplah rebellion of 1921 was an attempt to overthrow the British government in Kerala. It was an expression of dissatisfaction of the Moplahs against British rule
- S1: The Moplahs were mostly agricultural labourers on land owned by the upper-caste Hindus under the British.
- The movement was led by the Moplahs, the indigenous Muslim community in Kerala’s Malabar region, who trace their origin to the coming of the Arab traders in the 9th century, credited with having brought Islam to the west coast of India.
Refer: https://www.insightsonindia.com/2021/08/30/glued-to-their-names-a-slice-of-malabar-rebellion/
- Question 2 of 10
2. Question
1 pointsConsider the following statements:
- The Census of India provides a portrait of the Indian population, while the Socio-Economic Caste Census is a tool to identify beneficiaries of state support.
- Since the Census falls under the Census Act of 1948, all data are considered confidential, whereas all the personal information given in the SECC is open for use by Government departments.
Which of the given above statements is/are not correct?
CorrectAns: (d)
Explanation: here the directive word is not correct!!
- Difference between Census & SECC:
- The Census provides a portrait of the Indian population, while the SECC is a tool to identify beneficiaries of state support.
- Since the Census falls under the Census Act of 1948,all data are considered confidential, whereas all the personal information given in the SECC is open for use by Government departments to grant and/or restrict benefits to households.
Refer: https://www.insightsonindia.com/2021/08/30/jd-u-calls-for-caste-based-census/
IncorrectAns: (d)
Explanation: here the directive word is not correct!!
- Difference between Census & SECC:
- The Census provides a portrait of the Indian population, while the SECC is a tool to identify beneficiaries of state support.
- Since the Census falls under the Census Act of 1948,all data are considered confidential, whereas all the personal information given in the SECC is open for use by Government departments to grant and/or restrict benefits to households.
Refer: https://www.insightsonindia.com/2021/08/30/jd-u-calls-for-caste-based-census/
- Question 3 of 10
3. Question
1 pointsConsider the following statements:
- A hurricane is a rapidly rotating storm characterized by a low-pressure center that originates from cold waters.
- At the center of a mature tropical cyclone, air sinks rather than rises.
Which of the given above statements is/are correct?
CorrectAns: (b)
Explanation:
- S1: A hurricane is a rapidly rotating storm characterized by a low-pressure center that originates from warm waters.
- S2: An eye becomes visible when some of the rising air in the eye wall is forced towards the center of the storm instead of outward — where most of it goes. This air is coming inward towards the center from all directions. This convergence causes the air to actually sink in the eye. This sinking creates a warmer environment and the clouds evaporate leaving a clear area in the center.
Refer: https://www.insightsonindia.com/2021/08/30/hurricane-ida-strikes-usa/
IncorrectAns: (b)
Explanation:
- S1: A hurricane is a rapidly rotating storm characterized by a low-pressure center that originates from warm waters.
- S2: An eye becomes visible when some of the rising air in the eye wall is forced towards the center of the storm instead of outward — where most of it goes. This air is coming inward towards the center from all directions. This convergence causes the air to actually sink in the eye. This sinking creates a warmer environment and the clouds evaporate leaving a clear area in the center.
Refer: https://www.insightsonindia.com/2021/08/30/hurricane-ida-strikes-usa/
- Question 4 of 10
4. Question
1 pointsThe Indian government has signed a deal known as ‘Reciprocal Exchange of Logistics Agreement’ with which of the following countries?
CorrectAns: (b)
Explanation:
- The Indian government has signed the reciprocal exchange of logistics agreement (RELOS) with Russia. This means Indian ships or aircraft can now use Russian ports or airfields without having to take permission or make immediate payments. India has already signed a similar agreement with the USA. The LEMOA or the Logistics Exchange Memorandum of Agreement between India and the United States was signed in 2016.
IncorrectAns: (b)
Explanation:
- The Indian government has signed the reciprocal exchange of logistics agreement (RELOS) with Russia. This means Indian ships or aircraft can now use Russian ports or airfields without having to take permission or make immediate payments. India has already signed a similar agreement with the USA. The LEMOA or the Logistics Exchange Memorandum of Agreement between India and the United States was signed in 2016.
- Question 5 of 10
5. Question
1 pointsThe quadrilateral security dialogue includes:
- Brazil
- United States
- India
- Japan
Select the correct answer using the code below:
CorrectAns: (c)
Explanation:
- The quadrilateral security dialogue includes Japan, India, United States and Australia.
Refer: https://www.insightsonindia.com/2021/08/30/the-relevance-of-quad/
IncorrectAns: (c)
Explanation:
- The quadrilateral security dialogue includes Japan, India, United States and Australia.
Refer: https://www.insightsonindia.com/2021/08/30/the-relevance-of-quad/
- Question 6 of 10
6. Question
1 pointsWith reference to National Institution for Transforming India, also known as NITI Aayog, consider the following statements:
- It was formed via a resolution of the Union Cabinet on 1 January 2014.
- It comprises all the state Governors and Chief Ministers, along with the Chief Ministers of Delhi and Puducherry, Lieutenant Governors of all UTs, and a vice-chairman nominated by the Prime Minister.
Which of the given above statements is/are correct?
CorrectAns: (d)
Explanation:
- S1: The NITI Aayog is a policy think tank of the Government of India, established in 2015 to replace the Planning Commission.
- S2: It comprises all the state Chief Ministers (no Governors), along with the Chief Ministers of Delhi and Puducherry, Lieutenant Governors of all UTs, and a vice-chairman nominated by the Prime Minister.
Refer: https://www.insightsonindia.com/2021/08/30/niti-bats-for-tax-breaks-to-achieve-monetization-goal/
IncorrectAns: (d)
Explanation:
- S1: The NITI Aayog is a policy think tank of the Government of India, established in 2015 to replace the Planning Commission.
- S2: It comprises all the state Chief Ministers (no Governors), along with the Chief Ministers of Delhi and Puducherry, Lieutenant Governors of all UTs, and a vice-chairman nominated by the Prime Minister.
Refer: https://www.insightsonindia.com/2021/08/30/niti-bats-for-tax-breaks-to-achieve-monetization-goal/
- Question 7 of 10
7. Question
1 pointsWhich of the following best describes/ describe the aim of ‘National Mission on Edible Oil-Oil Palm’ of the Government of India?
- Achieve self-reliance in edible oil.
- Harness domestic edible oil prices that are dictated by expensive palm oil imports.
- To raise the domestic production of palm oil by ten times by 2025-26.
Select the correct answer using the code given below.
CorrectAns: (b)
Explanation:
- Prime Minister Narendra Modi has announced this new national initiative on palm oil production to help increase farm incomes. The scheme involves investment of over Rs 11,000 crore.
- Aims and Objectives of the scheme:
- Achieve self-reliance in edible oil.
- Harness domestic edible oil prices that are dictated by expensive palm oil imports.
- To raise the domestic production of palm oil by three times to 11 lakh MT by 2025-26.
- Key features of the scheme:
- The special emphasis of the scheme will be in India’s north-eastern states and the Andaman and Nicobar Islands due to the conducive weather conditions in the regions.
- Under the scheme, oil palm farmers will be provided financial assistance and will get remuneration under a price and viability formula.
Refer: https://www.insightsonindia.com/2021/08/30/oil-palm-plan-is-a-recipe-for-disaster/
IncorrectAns: (b)
Explanation:
- Prime Minister Narendra Modi has announced this new national initiative on palm oil production to help increase farm incomes. The scheme involves investment of over Rs 11,000 crore.
- Aims and Objectives of the scheme:
- Achieve self-reliance in edible oil.
- Harness domestic edible oil prices that are dictated by expensive palm oil imports.
- To raise the domestic production of palm oil by three times to 11 lakh MT by 2025-26.
- Key features of the scheme:
- The special emphasis of the scheme will be in India’s north-eastern states and the Andaman and Nicobar Islands due to the conducive weather conditions in the regions.
- Under the scheme, oil palm farmers will be provided financial assistance and will get remuneration under a price and viability formula.
Refer: https://www.insightsonindia.com/2021/08/30/oil-palm-plan-is-a-recipe-for-disaster/
- Question 8 of 10
8. Question
1 pointsWith reference to inflation in India, which of the following statements is correct?
CorrectAns: (c)
Explanation:
- Decreased money circulation leads to lesser money in hands of people to spend. Hence, lower demand (given the same supply) leads to falling prices fall and reduced inflation.
Refer: UPSC CSE 2015
IncorrectAns: (c)
Explanation:
- Decreased money circulation leads to lesser money in hands of people to spend. Hence, lower demand (given the same supply) leads to falling prices fall and reduced inflation.
Refer: UPSC CSE 2015
- Question 9 of 10
9. Question
1 pointsConsider the following statements:
- The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI).
- The WPI does not capture changes in the prices of services, which CPI does.
- Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy rates.
Which of the statements given above is/are correct?
CorrectAns: (a)
Explanation:
- WPI is used to measure the average change in price in the sale of goods in bulk quantity by the whole seller whereas CPI measures the change in the price in the sale of goods or services in retail or directly to a consumer. WPI is for only goods whereas CPI is for goods as well as services.
- In the consumer’s basket, food has a much higher weightage than in the wholesale basket. This essentially means a rise in food prices will cause a bigger spike in the CPI basket than in the WPI one.
- RBI had adopted the new Consumer Price Index (CPI) (combined) as the key measure of inflation.
Refer: UPSC CSE 2020
IncorrectAns: (a)
Explanation:
- WPI is used to measure the average change in price in the sale of goods in bulk quantity by the whole seller whereas CPI measures the change in the price in the sale of goods or services in retail or directly to a consumer. WPI is for only goods whereas CPI is for goods as well as services.
- In the consumer’s basket, food has a much higher weightage than in the wholesale basket. This essentially means a rise in food prices will cause a bigger spike in the CPI basket than in the WPI one.
- RBI had adopted the new Consumer Price Index (CPI) (combined) as the key measure of inflation.
Refer: UPSC CSE 2020
- Question 10 of 10
10. Question
1 pointsWhen the Reserve Bank of India reduces the Statutory Liquidity by 50 basis points, which of the following is likely to happen?
CorrectAns: (c)
Explanation:
- If SLR is reduced, banks have to park lesser money with RBI in form of securities, cash etc. So, they have more money to lend and the return on lending is also greater than what they get in SLR. Hence, the scheduled commercial banks may cut their lending rates.
Refer: UPSC CSE 2015
IncorrectAns: (c)
Explanation:
- If SLR is reduced, banks have to park lesser money with RBI in form of securities, cash etc. So, they have more money to lend and the return on lending is also greater than what they get in SLR. Hence, the scheduled commercial banks may cut their lending rates.
Refer: UPSC CSE 2015
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