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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
Consider the following statements.
- A solar eclipse occurs when the Moon is positioned in between the Sun and the Earth for a few minutes.
- A partial or a total solar eclipse depends on how much portion of the Sun’s disc gets hidden by the Moon.
- The safest way to view the solar eclipse is by indirect projection method, which can be done by projecting the Sun’s disc onto a white paper, by using a telescope.
Which of the above statements is/are correct?
Correct
Solution: d)
A solar eclipse occurs when the Moon is positioned in between the Sun and the Earth for a few minutes. Under certain-alignment, the Moon partially or fully blocks the Sun’s light and instead casts its shadow on Earth. That is why, there can be a partial or a total solar eclipse, depending on how much portion of the Sun’s disc gets hidden by the Moon.
Use of certified solar filters or eclipse goggles are recommended while viewing the Sun during the eclipse.
Experts warn against looking at the Sun with naked eyes, or through binoculars or telescopes without filters, as this can prove harmful to one’s vision. The safest way to view the eclipse is by indirect projection method, which can be easily done by projecting the Sun’s disc onto a white paper, either using a telescope or a pin-hole camera.
Incorrect
Solution: d)
A solar eclipse occurs when the Moon is positioned in between the Sun and the Earth for a few minutes. Under certain-alignment, the Moon partially or fully blocks the Sun’s light and instead casts its shadow on Earth. That is why, there can be a partial or a total solar eclipse, depending on how much portion of the Sun’s disc gets hidden by the Moon.
Use of certified solar filters or eclipse goggles are recommended while viewing the Sun during the eclipse.
Experts warn against looking at the Sun with naked eyes, or through binoculars or telescopes without filters, as this can prove harmful to one’s vision. The safest way to view the eclipse is by indirect projection method, which can be easily done by projecting the Sun’s disc onto a white paper, either using a telescope or a pin-hole camera.
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Question 2 of 5
2. Question
India is a member of which of the following constituents of the World Bank Group?
- International Bank for Reconstruction and Development (IBRD)
- International Centre for Settlement of Investment Disputes (ICSID)
- International Development Association (IDA)
- Multilateral Investment Guarantee Agency (MIGA)
Select the correct answer code:
Correct
Solution: b)
India is a member of four of the five constituents of the World Bank Group viz., International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA). India is not a member of ICSID (International Centre for Settlement of Investment Disputes). India has been accessing funds from the World Bank (mainly through IBRD and IDA) for various development projects.
Incorrect
Solution: b)
India is a member of four of the five constituents of the World Bank Group viz., International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA). India is not a member of ICSID (International Centre for Settlement of Investment Disputes). India has been accessing funds from the World Bank (mainly through IBRD and IDA) for various development projects.
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Question 3 of 5
3. Question
Consider the following statements regarding International Monetary Fund (IMF) Quotas.
- An individual member country’s quota broadly reflects its relative position in the world economy.
- Quotas are denominated in Special Drawing Rights (SDRs).
- Any changes in quotas must be approved by a two-thirds majority of the total voting power, and a member’s own quota cannot be changed without its consent.
Which of the above statements is/are correct?
Correct
Solution: a)
The IMF is a quota-based institution. Quotas are the building blocks of the IMF’s financial and governance structure. An individual member country’s quota broadly reflects its relative position in the world economy. Quotas are denominated in Special Drawing Rights (SDRs), the IMF’s unit of account.
The IMF’s Board of Governors conducts general quota reviews at regular intervals (no more than five years). Any changes in quotas must be approved by an 85 percent majority of the total voting power, and a member’s own quota cannot be changed without its consent.
Incorrect
Solution: a)
The IMF is a quota-based institution. Quotas are the building blocks of the IMF’s financial and governance structure. An individual member country’s quota broadly reflects its relative position in the world economy. Quotas are denominated in Special Drawing Rights (SDRs), the IMF’s unit of account.
The IMF’s Board of Governors conducts general quota reviews at regular intervals (no more than five years). Any changes in quotas must be approved by an 85 percent majority of the total voting power, and a member’s own quota cannot be changed without its consent.
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Question 4 of 5
4. Question
Consider the following statements.
- Inflation is more likely to have a significant positive effect on a currency’s value and foreign exchange rate.
- Inflation is independent to interest rates.
Which of the above statements is/are correct?
Correct
Solution: d)
The rate of inflation in a country can have a major impact on the value of the country’s currency and the rates of foreign exchange it has with the currencies of other nations. However, inflation is just one factor among many that combine to influence a country’s exchange rate.
Inflation is more likely to have a significant negative effect, rather than a significant positive effect, on a currency’s value and foreign exchange rate.
Incorrect
Solution: d)
The rate of inflation in a country can have a major impact on the value of the country’s currency and the rates of foreign exchange it has with the currencies of other nations. However, inflation is just one factor among many that combine to influence a country’s exchange rate.
Inflation is more likely to have a significant negative effect, rather than a significant positive effect, on a currency’s value and foreign exchange rate.
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Question 5 of 5
5. Question
The United Kingdom (UK) or Britain is a country in Europe that comprises of
- England
- Scotland
- Wales
- Ireland
Select the correct answer code:
Correct
Solution: b)
The United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland.
Incorrect
Solution: b)
The United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland.
- The North Sea is bounded by the Orkney Islands and east coast of Great Britain to the west and the northern and central European mainland to the east and south, including Norway, Denmark, Germany, the Netherlands, Belgium, and France.
Refer: facts for prelims: https://www.insightsonindia.com/2022/10/26/mission-2023-insights-daily-current-affairs-pib-summary-26-october-2022/
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