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Introducing yet another ingenious course, InsightsIAS is excited to announce our new initiative QUED – Questions from Editorials. Considering the number of questions that appeared from Editorials in previous year UPSC Prelims Examinations, we feel it is wise for students to cover Editorials from Prelims point of view as well in order to achieve that extra edge. Although, we have covered important editorials separately in our Editorial Section as well as under Secure Initiative, MCQ practice can prove to be crucial for better performance and guaranteed result.
We strongly recommend you at add QUED along with Static Quiz ,Current Affairs Quiz and RTM for your Daily MCQ practice.
We will be posting 5 MCQs at 11am everyday from Monday to Saturday on http://www.insightsonindia.com. QUED will be available under QUIZ menu.
We hope students utilize this initiative to the best of advantage. 🙂
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Question 1 of 5
1. Question
Which of the following factors can lead to Depreciation of Indian Rupee?
- Uncertain global conditions
- Rising bond yields
- Rising Inflation
- Selling by Foreign Institutional Investors (FIIs) in Indian equity market
Select the correct answer code:
Correct
Solution: d)
Reasons that led to slump in Indian rupee:
- Geopolitical risks: Uncertain global conditions have triggered a risk appetite for the weakening of rupee.
- Rising bond yields: India’s 10-year benchmark bond ended at a high of Rs 93.69 in june, yielding 7.46 percent after reaching a high of 7.49 percent earlier.
- The government has now asked RBI to either buy back the bonds or conduct open market operations to cool yields that have hit their highest since 2019.
- Inflation concerns: Russia’s invasion of Ukraine, combined with renewed Covid-19 lockdowns in China, have exacerbated inflationary pressures.
- Low forex reserves: India’s foreign exchange reserves have slumped below the $600 billion mark for the first time in almost a year.
- FIIs continue to withdraw funds: Foreign investors have been net sellers in the domestic equity markets since the past 7 months now.
- Heavy bouts of selling by the foreign investors are usually a sign of weakening of the rupee against the dollar.
Incorrect
Solution: d)
Reasons that led to slump in Indian rupee:
- Geopolitical risks: Uncertain global conditions have triggered a risk appetite for the weakening of rupee.
- Rising bond yields: India’s 10-year benchmark bond ended at a high of Rs 93.69 in june, yielding 7.46 percent after reaching a high of 7.49 percent earlier.
- The government has now asked RBI to either buy back the bonds or conduct open market operations to cool yields that have hit their highest since 2019.
- Inflation concerns: Russia’s invasion of Ukraine, combined with renewed Covid-19 lockdowns in China, have exacerbated inflationary pressures.
- Low forex reserves: India’s foreign exchange reserves have slumped below the $600 billion mark for the first time in almost a year.
- FIIs continue to withdraw funds: Foreign investors have been net sellers in the domestic equity markets since the past 7 months now.
- Heavy bouts of selling by the foreign investors are usually a sign of weakening of the rupee against the dollar.
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Question 2 of 5
2. Question
‘I2U2’ group, recently seen in news comprises of
- India
- Iran
- US
- UAE
Select the correct answer code:
Correct
Solution: b)
The U.S. believes that ‘I2U2’, a group comprising India, Israel, the U.S., and the UAE, can become “a feature” of the West Asian region, just like the Quad is for the Indo-Pacific.
Incorrect
Solution: b)
The U.S. believes that ‘I2U2’, a group comprising India, Israel, the U.S., and the UAE, can become “a feature” of the West Asian region, just like the Quad is for the Indo-Pacific.
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Question 3 of 5
3. Question
States that have a bicameral legislature in India are?
- Uttar Pradesh
- Maharashtra
- Gujarat
- Jharkhand
Select the correct answer code:
Correct
Solution: c)
Six Indian states, Andhra Pradesh, Bihar, Karnataka, Maharashtra, Telangana and Uttar Pradesh, have bicameral Legislatures.
Incorrect
Solution: c)
Six Indian states, Andhra Pradesh, Bihar, Karnataka, Maharashtra, Telangana and Uttar Pradesh, have bicameral Legislatures.
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Question 4 of 5
4. Question
Which of the following statements best describes the term ‘Unemployment’?
Correct
Solution: b)
Unemployment refers to the situation where an individual is able and willing to work at an existing wage rate but does not finds any work.
Incorrect
Solution: b)
Unemployment refers to the situation where an individual is able and willing to work at an existing wage rate but does not finds any work.
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Question 5 of 5
5. Question
Consider the following statements regarding Paleocene-Eocene Thermal Maximum (PETM) period.
- It is estimated that Paleocene-Eocene Thermal Maximum (PETM) period occurred about 50 million years ago.
- During this time, the Earth experienced a natural period of global warming triggered by a volcanic eruption.
- Several studies have shown that during this period ocean acidification caused mass extinctions in the deep ocean and there were changes in the biota in the surface ocean.
Which of the above statements is/are correct?
Correct
Solution: d)
About 56 million years ago, our Earth experienced a natural period of global warming triggered by a volcanic eruption. This period was known as the Paleocene-Eocene Thermal Maximum (PETM) and there were huge amounts of carbon dioxide released into the atmosphere. This caused about 8°C surface ocean warming in the high latitudes. Several studies have shown that during this period ocean acidification caused mass extinctions in the deep ocean and there were changes in the biota in the surface ocean.
Incorrect
Solution: d)
About 56 million years ago, our Earth experienced a natural period of global warming triggered by a volcanic eruption. This period was known as the Paleocene-Eocene Thermal Maximum (PETM) and there were huge amounts of carbon dioxide released into the atmosphere. This caused about 8°C surface ocean warming in the high latitudes. Several studies have shown that during this period ocean acidification caused mass extinctions in the deep ocean and there were changes in the biota in the surface ocean.
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