Quiz-summary
0 of 10 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Information
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.
To view Solutions, follow these instructions:
-
Click on – ‘Start Quiz’ button
-
Solve Questions
-
Click on ‘Quiz Summary’ button
-
Click on ‘Finish Quiz’ button
-
Now click on ‘View Questions’ button – here you will see solutions and links.
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 10 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
| Average score |
|
| Your score |
|
Categories
- Not categorized 0%
-
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.
| Pos. | Name | Entered on | Points | Result |
|---|---|---|---|---|
| Table is loading | ||||
| No data available | ||||
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- Answered
- Review
-
Question 1 of 10
1. Question
1 pointsWith reference to “Foreign Contribution (Regulation) Act” (FCRA), consider the following statements:
-
- The FCRA act is implemented by the Ministry of Finance.
- The FCRA requires every person or NGO wishing to receive foreign donations to be registered under the Act.
- To open a bank account for the receipt of foreign funds in State Bank of India, Delhi is mandatory.
- The receivers of foreign funds are also required to file annual returns, and they must not transfer the funds to another NGO.
Which of the statements given above is/are correct?
Correct
Ans: (b)
Explanation:
- The FCRA requires every person or NGOwishing to receive foreign donations to be registered under the Act.
- To open a bank accountfor the receipt of foreign funds in State Bank of India, Delhi is mandatory.
- These funds can be utilised only for the purposefor which they have been received, and as stipulated in the Act.
- The receivers of foreign funds are also required to file annual returns, and they must not transfer the funds to another NGO.
Refer: https://www.insightsonindia.com/2022/10/24/fcra-and-ngo/
Incorrect
Ans: (b)
Explanation:
- The FCRA requires every person or NGOwishing to receive foreign donations to be registered under the Act.
- To open a bank accountfor the receipt of foreign funds in State Bank of India, Delhi is mandatory.
- These funds can be utilised only for the purposefor which they have been received, and as stipulated in the Act.
- The receivers of foreign funds are also required to file annual returns, and they must not transfer the funds to another NGO.
Refer: https://www.insightsonindia.com/2022/10/24/fcra-and-ngo/
-
-
Question 2 of 10
2. Question
1 pointsConsider the following statements.
-
- Yakshagana is a traditional theatre form of Kerala.
- Yakshagana is a temple art form that depicts mythological stories and Puranas.
Which of the above statements is/are correct?
Correct
Ans: (b)
Explanation:- Yakshagana is a traditional theatre form of Karnataka.
- It is a temple art form that depicts mythological stories and Puranas.
- It is performed with massive headgears, elaborate facial make-up and vibrant costumes and ornaments.
- Usually recited in Kannada, it is also performed in Malayalam as well as Tulu (the dialect of south Karnataka).
- It is performed with percussion instruments like chenda, maddalam, jagatta or chengila (cymbals) and chakratala or elathalam (small cymbals).
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
Incorrect
Ans: (b)
Explanation:- Yakshagana is a traditional theatre form of Karnataka.
- It is a temple art form that depicts mythological stories and Puranas.
- It is performed with massive headgears, elaborate facial make-up and vibrant costumes and ornaments.
- Usually recited in Kannada, it is also performed in Malayalam as well as Tulu (the dialect of south Karnataka).
- It is performed with percussion instruments like chenda, maddalam, jagatta or chengila (cymbals) and chakratala or elathalam (small cymbals).
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
-
-
Question 3 of 10
3. Question
1 points‘Basel III Accord’ or simply ‘Basel III’, often seen in the news, seeks to
Correct
Ans: (b)
Explanation:
- Basel III (or the Third Basel Accord) is a global, voluntary regulatory framework on bank capital adequacy, stress testing and market liquidity risk
- Basel Norms: These norms were set by the member countries of the Bank of International Settlements to ensure global financial stability.
- Liquidity coverage ratio should be more than or equal to one.
- It means a bank has enough high-quality liquid assets(cash, gold etc) to survive a high-stress scenario of cash outflow(the bank run) for at least 30 days or more.
Refer: Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
Incorrect
Ans: (b)
Explanation:
- Basel III (or the Third Basel Accord) is a global, voluntary regulatory framework on bank capital adequacy, stress testing and market liquidity risk
- Basel Norms: These norms were set by the member countries of the Bank of International Settlements to ensure global financial stability.
- Liquidity coverage ratio should be more than or equal to one.
- It means a bank has enough high-quality liquid assets(cash, gold etc) to survive a high-stress scenario of cash outflow(the bank run) for at least 30 days or more.
Refer: Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
-
Question 4 of 10
4. Question
1 pointsWith reference to RBI’s Prompt Corrective Action (PCA), consider the following statements:
-
- The Reserve Bank of India initiated the Scheme of Prompt Corrective Action (PCA) in 2002 to discipline banks when they report poor and risky financial performance.
- The framework was reviewed in 2017 based on the recommendations of the Working Group on Restructuring Weak Public Sector Banks.
Which of the statements given above is/are correct?
Correct
Ans: (a)
Explanation:
- PCA is a framework under which banks with weak financial metrics are put under watch by the RBI.
- The RBI introduced the PCA framework in 2002 as a structured early-intervention mechanism for banks that become undercapitalised due to poor asset quality, or vulnerable due to loss of profitability.
- It aims to check the problem of Non-Performing Assets (NPAs) in the Indian banking sector.
- The framework was reviewed in 2017 based on the recommendations of the working group of the Financial Stability and Development Council on Resolution Regimes for Financial Institutions in India and the Financial Sector Legislative Reforms Commission.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
Incorrect
Ans: (a)
Explanation:
- PCA is a framework under which banks with weak financial metrics are put under watch by the RBI.
- The RBI introduced the PCA framework in 2002 as a structured early-intervention mechanism for banks that become undercapitalised due to poor asset quality, or vulnerable due to loss of profitability.
- It aims to check the problem of Non-Performing Assets (NPAs) in the Indian banking sector.
- The framework was reviewed in 2017 based on the recommendations of the working group of the Financial Stability and Development Council on Resolution Regimes for Financial Institutions in India and the Financial Sector Legislative Reforms Commission.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
-
-
Question 5 of 10
5. Question
1 pointsThe Prompt Corrective Action (PCA) is applicable only to:
-
- Commercial banks
- Co-operative banks
- Non-banking financial companies
- Foreign banks
Select the correct answer using the code below:
Correct
Ans: (b)
Explanation:
- The PCA framework is applicable only to commercial banks and not extended to co-operative banks, non-banking financial companies (NBFCs) and FMIs.
- The framework will apply to all banks operating in India including foreign banks operating through branches or subsidiaries based on breach of risk thresholds of identified indicators.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
Incorrect
Ans: (b)
Explanation:
- The PCA framework is applicable only to commercial banks and not extended to co-operative banks, non-banking financial companies (NBFCs) and FMIs.
- The framework will apply to all banks operating in India including foreign banks operating through branches or subsidiaries based on breach of risk thresholds of identified indicators.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
-
-
Question 6 of 10
6. Question
1 pointsWith reference to the current trends in the cultivation of sugarcane in India, consider the following statements:
-
- A substantial saving in seed material is made when ‘bud chip settlings are raised in a nursery and transplanted in the main field.
- When direct planting of setts is done, the germination percentage is better with single-budded setts as compared to setts with many buds.
- If bad weather conditions prevail when setts are directly planted, single-budded setts have better survival as compared to large setts.
- Sugarcane can be cultivated using settlings prepared from tissue culture.
Which of the statements given above is/are correct?
Correct
Ans: (c)
Explanation:
- Conventional method of sugarcane planting requires 7 to 8 tonnes of seed cane per hectare and this is the main reason for slow rate of seed and varietal replacement. Sugarcane being a long duration crop and heavy biomass producer requires about 1500 to 2500 mm water.
- Keeping in mind the likely to be faced situations in future, the ICAR-Sugarcane Breeding Institute (ICAR-SBI) has developed an integrated sugarcane cultivation model called Settling Transplanting Technology (STT). Components of the model are listed below:
- High yielding and better quality varieties
- Raising and transplanting of settlings derived from single bud setts/ bud chips
- Sub-surface drip irrigation and fertigation
- Wider row planting
- Intercropping
- Trash mulching
- Multiple ratooning
- Mechanization
- S1: Transplanting sugarcane single-bud/ bud-chip settlings can save seed cane requirement up to 80 per cent besides providing healthy plants and good field establishment. It is less expensive and labour saving in comparison with conventional sett planting.
- Other options are spaced transplanting (STP) and polybag / pro-tray nursery.
- S2 and S3: Reverse is true. See here http://www.iisr.nic.in/download/publications/ijst-December-2011.pdf
- S4: Yes, tissue culture or vegetative propagation (a subset of TC), can be used to germinate and grow these settlings which can be transplanted in the field later.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
Incorrect
Ans: (c)
Explanation:
- Conventional method of sugarcane planting requires 7 to 8 tonnes of seed cane per hectare and this is the main reason for slow rate of seed and varietal replacement. Sugarcane being a long duration crop and heavy biomass producer requires about 1500 to 2500 mm water.
- Keeping in mind the likely to be faced situations in future, the ICAR-Sugarcane Breeding Institute (ICAR-SBI) has developed an integrated sugarcane cultivation model called Settling Transplanting Technology (STT). Components of the model are listed below:
- High yielding and better quality varieties
- Raising and transplanting of settlings derived from single bud setts/ bud chips
- Sub-surface drip irrigation and fertigation
- Wider row planting
- Intercropping
- Trash mulching
- Multiple ratooning
- Mechanization
- S1: Transplanting sugarcane single-bud/ bud-chip settlings can save seed cane requirement up to 80 per cent besides providing healthy plants and good field establishment. It is less expensive and labour saving in comparison with conventional sett planting.
- Other options are spaced transplanting (STP) and polybag / pro-tray nursery.
- S2 and S3: Reverse is true. See here http://www.iisr.nic.in/download/publications/ijst-December-2011.pdf
- S4: Yes, tissue culture or vegetative propagation (a subset of TC), can be used to germinate and grow these settlings which can be transplanted in the field later.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
-
-
Question 7 of 10
7. Question
1 pointsConsider the following statements:
-
- The ‘Fair and Remunerative price’ in India has been fixed in line with the recommendation of the Commission of Agricultural Costs and Prices.
- The FRP of sugarcane is determined under Sugarcane (Control) Order, 1966.
- The State Advised Prices (SAP) are announced by key sugarcane producing states which are generally higher than FRP.
Which of the given above statements is/are correct?
Correct
Ans: (d)
Explanation:
- S1: The FRP has been determined on the basis of recommendations of Commission for Agricultural Costs and Prices (CACP) and after consultation with State Governments and other stake-holders.
- S2: The amended provisions of the Sugarcane (Control) Order, 1966provides for fixation of FRP of sugarcane.
- S3: the State Advised Prices (SAP) are announced by key sugarcane producing states which are generally higher than FRP.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
Incorrect
Ans: (d)
Explanation:
- S1: The FRP has been determined on the basis of recommendations of Commission for Agricultural Costs and Prices (CACP) and after consultation with State Governments and other stake-holders.
- S2: The amended provisions of the Sugarcane (Control) Order, 1966provides for fixation of FRP of sugarcane.
- S3: the State Advised Prices (SAP) are announced by key sugarcane producing states which are generally higher than FRP.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
-
-
Question 8 of 10
8. Question
1 points“It is a tropical, perennial grass that forms lateral shoots at the base to produce multiple stems, typically 3 to 4 m high and about 5 cm in diameter. The stems grow into cane stalk, which when mature, constitutes around 75% of the entire plant; the plant is also grown for biofuel production, especially in Brazil.” Which one of the following is that crop?
Correct
Ans: (d)
Explanation:
- Sugarcane, (Saccharum officinarum), perennial grass of the family Poaceae, primarily cultivated for its juice from which sugar is processed. Most of the world’s sugarcane is grown in subtropical and tropical areas. The plant is also grown for biofuel production, especially in Brazil, as the canes can be used directly to produce ethyl alcohol (ethanol).
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
Incorrect
Ans: (d)
Explanation:
- Sugarcane, (Saccharum officinarum), perennial grass of the family Poaceae, primarily cultivated for its juice from which sugar is processed. Most of the world’s sugarcane is grown in subtropical and tropical areas. The plant is also grown for biofuel production, especially in Brazil, as the canes can be used directly to produce ethyl alcohol (ethanol).
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
-
Question 9 of 10
9. Question
1 pointsConsider the following statements.
-
- National Statistical Office (NSO) releases the gross value added (GVA) and gross domestic product (GDP) numbers every quarter.
- Gross Value Added (GVA) measures economic activity from the supply side by looking at the value added by different sectors of the economy.
- Gross fixed capital formation (GFCF) shows how much of the new value added in the economy is invested rather than consumed.
Which of the given above statements is/are correct?
Correct
Ans: (d)
Explanation:
- The National Statistical Office (NSO) releases the quarter gross value added (GVA) and gross domestic product (GDP) numbers.
- India’s Gross Domestic Product (GDP) —measures economic activity from the demand side by looking at the expenditures made by different sections of the society. India’s Gross Value Added (GVA) —measures economic activity from the supply side by looking at the value added by different sectors of the economy.
- Gross fixed capital formation (GFCF) is a component of the expenditure on gross domestic product (GDP), and thus shows something about how much of the new value added in the economy is invested rather than consumed.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
Incorrect
Ans: (d)
Explanation:
- The National Statistical Office (NSO) releases the quarter gross value added (GVA) and gross domestic product (GDP) numbers.
- India’s Gross Domestic Product (GDP) —measures economic activity from the demand side by looking at the expenditures made by different sections of the society. India’s Gross Value Added (GVA) —measures economic activity from the supply side by looking at the value added by different sectors of the economy.
- Gross fixed capital formation (GFCF) is a component of the expenditure on gross domestic product (GDP), and thus shows something about how much of the new value added in the economy is invested rather than consumed.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
-
-
Question 10 of 10
10. Question
1 pointsThe river Mahanadi flows through the states of
-
- Odisha
- Chhattisgarh
- Jharkhand
Select the correct answer using the code below:
Correct
Ans: (a)
Explanation:
- The river flows through the states of Chhattisgarh and Odisha and finally merged with Bay of Bengal.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
Incorrect
Ans: (a)
Explanation:
- The river flows through the states of Chhattisgarh and Odisha and finally merged with Bay of Bengal.
Refer: Facts for Prelims: https://www.insightsonindia.com/2022/10/24/mission-2023-insights-daily-current-affairs-pib-summary-24-october-2022/
-
Follow us on our Official TELEGRAM Channel HERE
Subscribe to Our Official YouTube Channel HERE
Please subscribe to Our podcast channel HERE
Official Facebook Page HERE
Follow our Twitter Account HERE
Follow our Instagram Account HERE
