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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 pointsWith reference to Intellectual Property Rights policy 2016, consider the following statements.
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- It is entirely in compliant with the WTO’s agreement on TRIPS
- It aims to remove Compulsory Licensing clauses from India’s Patents Act.
Which of the above statements is/are correct?
Correct
Ans: (a)
Explanation:
- Intellectual Property Rights Policy which is in compliance with WTO’s (World Trade Organisation) agreement on TRIPS (Trade Related aspects of IPRs), aims to sustain entrepreneurship.
- As per the WTO norms, a CL can be invoked by a government allowing a company to produce a patented product without the consent of the patent owner in public interest. Under the Indian Patents Act, a CL can be issued for a drug if the medicine is deemed unaffordable, among other conditions, and the government grants permission to qualified generic drug makers to manufacture it.
Refer: https://www;.insightsonindia.com/2023/04/06/open-source-seeds-movement/
Incorrect
Ans: (a)
Explanation:
- Intellectual Property Rights Policy which is in compliance with WTO’s (World Trade Organisation) agreement on TRIPS (Trade Related aspects of IPRs), aims to sustain entrepreneurship.
- As per the WTO norms, a CL can be invoked by a government allowing a company to produce a patented product without the consent of the patent owner in public interest. Under the Indian Patents Act, a CL can be issued for a drug if the medicine is deemed unaffordable, among other conditions, and the government grants permission to qualified generic drug makers to manufacture it.
Refer: https://www;.insightsonindia.com/2023/04/06/open-source-seeds-movement/
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Question 2 of 10
2. Question
1 pointsConsider the following statements regarding Patent Cooperation Treaty (PCT).
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- The Patent Cooperation Treaty (PCT) assists applicants in seeking patent protection internationally for their inventions.
- By filing one international patent application under the PCT, applicants can simultaneously seek protection for an invention in a large number of countries.
- PCT is administered by the World Trade Organisation (WTO).
Which of the above statements is/are correct?
Correct
Ans: (b)
Explanation:
- The Patent Cooperation Treaty (PCT) assists applicants in seeking patent protection internationally for their inventions, helps patent offices with their patent granting decisions, and facilitates public access to a wealth of technical information relating to those inventions.
- By filing one international patent application under the PCT, applicants can simultaneously seek protection for an invention in a large number of countries.
- PCT is administered by WIPO.
Refer: https://www;.insightsonindia.com/2023/04/06/open-source-seeds-movement/
Incorrect
Ans: (b)
Explanation:
- The Patent Cooperation Treaty (PCT) assists applicants in seeking patent protection internationally for their inventions, helps patent offices with their patent granting decisions, and facilitates public access to a wealth of technical information relating to those inventions.
- By filing one international patent application under the PCT, applicants can simultaneously seek protection for an invention in a large number of countries.
- PCT is administered by WIPO.
Refer: https://www;.insightsonindia.com/2023/04/06/open-source-seeds-movement/
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Question 3 of 10
3. Question
1 pointsConsider the following statements.
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- The Intellectual Property Appellate Board is a quasi-judicial body that exercises jurisdiction over trademarks, patents and geographical indications.
- The Copyright Board is entrusted with the task of adjudication of disputes pertaining to publication of translations and works for certain specified purposes.
- The jurisdiction of the Copyright Board extends outside India also.
Which of the above statements is/are correct?
Correct
Ans: (b)
Explanation:
- The Intellectual Property Appellate Board, a quasi-judicial body, was constituted in September 1958. The jurisdiction of the Copyright Board extends to the whole of India. The Board is entrusted with the task of adjudication of disputes pertaining to copyright registration, assignment of copyright, grant of Licenses in respect of works withheld from public, unpublished Indian works, production and publication of translations and works for certain specified purposes. It also hears cases in other miscellaneous matters instituted before it under the Copyright Act, 1957.
Refer: https://www.insightsonindia.com/2023/04/06/open-source-seeds-movement/
Incorrect
Ans: (b)
Explanation:
- The Intellectual Property Appellate Board, a quasi-judicial body, was constituted in September 1958. The jurisdiction of the Copyright Board extends to the whole of India. The Board is entrusted with the task of adjudication of disputes pertaining to copyright registration, assignment of copyright, grant of Licenses in respect of works withheld from public, unpublished Indian works, production and publication of translations and works for certain specified purposes. It also hears cases in other miscellaneous matters instituted before it under the Copyright Act, 1957.
Refer: https://www.insightsonindia.com/2023/04/06/open-source-seeds-movement/
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Question 4 of 10
4. Question
1 pointsConsider the following statements.
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- Trade-Related Aspects of Intellectual Property Rights (TRIPS) is founded on the principle of “product patents”.
- Product patents allow inventors of new drugs to have exclusive rights to produce and sell them for some years.
Which of the above statements is/are incorrect?
Correct
Ans: (d)
Explanation:
- The Trade-Related Aspects of Intellectual Property Rights (TRIPS) regime was promoted by the World Trade Organization in 1995 for uniform global IPR rules. TRIPS is founded on the principle of “product patents”.
- Product patents allow inventors of new drugs to have exclusive rights to produce and sell them for some years.
Refer: https://www.insightsonindia.com/2023/04/06/open-source-seeds-movement/
Incorrect
Ans: (d)
Explanation:
- The Trade-Related Aspects of Intellectual Property Rights (TRIPS) regime was promoted by the World Trade Organization in 1995 for uniform global IPR rules. TRIPS is founded on the principle of “product patents”.
- Product patents allow inventors of new drugs to have exclusive rights to produce and sell them for some years.
Refer: https://www.insightsonindia.com/2023/04/06/open-source-seeds-movement/
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Question 5 of 10
5. Question
1 pointsConsider the following statements.
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- Preservation of forest areas in India under the Forest Conservation Act, 1980 has been monitored by the Supreme Court.
- Deemed forests refer to land tracts that appear to be a “forest”, but have not been notified so by the government or in historical records.
- Deemed forests comprise about one fourth of India’s forest land.
Which of the given above statements is/are correct?
Correct
Ans: (a)
Explanation:
- Preservation of forest areas in India under the Forest Conservation Act, 1980 has been continuously monitored by the Supreme Court since the Godavarman case judgment in 1996.
- While the concept of deemed forests has not been clearly defined in any law including the Forest Conservation Act of 1980.
- Deemed forests, which comprise about 1% of India’s forest land, are a controversial subject as they refer to land tracts that appear to be a “forest”, but have not been notified so by the government or in historical records.
Refer: https://www.insightsonindia.com/2023/04/06/forest-conservation-amendment-bill-2023/
Incorrect
Ans: (a)
Explanation:
- Preservation of forest areas in India under the Forest Conservation Act, 1980 has been continuously monitored by the Supreme Court since the Godavarman case judgment in 1996.
- While the concept of deemed forests has not been clearly defined in any law including the Forest Conservation Act of 1980.
- Deemed forests, which comprise about 1% of India’s forest land, are a controversial subject as they refer to land tracts that appear to be a “forest”, but have not been notified so by the government or in historical records.
Refer: https://www.insightsonindia.com/2023/04/06/forest-conservation-amendment-bill-2023/
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Question 6 of 10
6. Question
1 pointsConsider the following statements with reference to Jaina sects.
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- The Svetambara tradition of Jainism trace their lineage through Sthulabhadra.
- As per the Digambara sect of Jainism, Bhadrabahu was the last Shruta Kevalin.
Which of the above statements is/are correct?
Correct
Ans: (c )
Explanation:
- By the end of the fourth century B.C., there was a serious famine in the Ganges valley. Many Jain monks led by Bhadrabagu and Chandragupta Maurya came to Sravana Belgola in Karnataka.
- Those who stayed back in north India were led by a monk named Sthulabahu who changed the code of conduct for the monks.
- This led to the division of Jainism into two sects Svetambaras (whiteclad) and Digambaras (Sky-clad or Naked).
- The first Jain Council was convened at Pataliputra by Sthulabahu in the beginning of the 3rd century B.C.
- According to the Digambara sect of Jainism, there were five Shruta Kevalins in Jainism – Govarddhana Mahamuni, Vishnu, Nandimitra, Aparajita and Bhadrabahu.
- Shrutakevalin is a term used in Jainism for those ascetics who have complete knowledge of Jain Agama (texts).
Refer: facts for prelims: https://www.insightsonindia.com/2023/04/06/mission-2023-insights-daily-current-affairs-pib-summary-6-april-2023/
Incorrect
Ans: (c )
Explanation:
- By the end of the fourth century B.C., there was a serious famine in the Ganges valley. Many Jain monks led by Bhadrabagu and Chandragupta Maurya came to Sravana Belgola in Karnataka.
- Those who stayed back in north India were led by a monk named Sthulabahu who changed the code of conduct for the monks.
- This led to the division of Jainism into two sects Svetambaras (whiteclad) and Digambaras (Sky-clad or Naked).
- The first Jain Council was convened at Pataliputra by Sthulabahu in the beginning of the 3rd century B.C.
- According to the Digambara sect of Jainism, there were five Shruta Kevalins in Jainism – Govarddhana Mahamuni, Vishnu, Nandimitra, Aparajita and Bhadrabahu.
- Shrutakevalin is a term used in Jainism for those ascetics who have complete knowledge of Jain Agama (texts).
Refer: facts for prelims: https://www.insightsonindia.com/2023/04/06/mission-2023-insights-daily-current-affairs-pib-summary-6-april-2023/
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Question 7 of 10
7. Question
1 pointsConsider the following statements about Basohli Painting:
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- It is the first independent GI-tagged product from the Jammu region.
- It is considered the first school of Pahari paintings.
Which of the statements given above is/are correct?
Correct
Ans: (c )
Explanation: Basohli Painting
- It is the first independent GI-tagged product from the Jammu region.
- It is considered the first school of Pahari paintings
- These are painted on paper, cloth, or wood using natural pigments and dyes.
Refer: facts for prelims: https://www.insightsonindia.com/2023/04/06/mission-2023-insights-daily-current-affairs-pib-summary-6-april-2023/
Incorrect
Ans: (c )
Explanation: Basohli Painting
- It is the first independent GI-tagged product from the Jammu region.
- It is considered the first school of Pahari paintings
- These are painted on paper, cloth, or wood using natural pigments and dyes.
Refer: facts for prelims: https://www.insightsonindia.com/2023/04/06/mission-2023-insights-daily-current-affairs-pib-summary-6-april-2023/
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Question 8 of 10
8. Question
1 pointsConsider the following statements about International Finance Corporation (IFC):
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- It was established as the private sector arm of the International Monetary Fund (IMF).
- It offers investment, advisory, and asset management services to encourage private sector development in developing countries.
Which of the above statements is/are correct?
Correct
Ans: (b)
Explanation:
- It is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries.
- It is a member of the World Bank Group and is headquartered in Washington, D.C., United States.
- It was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.
- The IFC is owned and governed by its member countries, but has its own executive leadership and staff that conduct its normal business operations.
- It is a corporation whose shareholders are member governments that provide paid-in capital and which have the right to vote on its matters.
- Since 2009, the IFC has focused on a set of development goals that its projects are expected to target. Its goals are to increase sustainable agriculture opportunities, improve healthcare and education, increase access to financing for microfinance and business clients, advance infrastructure, help small businesses grow revenues, and invest in climate health.
- It offers an array of debt and equity financing services and helps companies face their risk exposures while refraining from participating in a management capacity.
Refer: facts for prelims: https://www.insightsonindia.com/2023/04/06/mission-2023-insights-daily-current-affairs-pib-summary-6-april-2023/
Incorrect
Ans: (b)
Explanation:
- It is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries.
- It is a member of the World Bank Group and is headquartered in Washington, D.C., United States.
- It was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.
- The IFC is owned and governed by its member countries, but has its own executive leadership and staff that conduct its normal business operations.
- It is a corporation whose shareholders are member governments that provide paid-in capital and which have the right to vote on its matters.
- Since 2009, the IFC has focused on a set of development goals that its projects are expected to target. Its goals are to increase sustainable agriculture opportunities, improve healthcare and education, increase access to financing for microfinance and business clients, advance infrastructure, help small businesses grow revenues, and invest in climate health.
- It offers an array of debt and equity financing services and helps companies face their risk exposures while refraining from participating in a management capacity.
Refer: facts for prelims: https://www.insightsonindia.com/2023/04/06/mission-2023-insights-daily-current-affairs-pib-summary-6-april-2023/
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Question 9 of 10
9. Question
1 pointsConsider the following statements about UN Statistical Commission:
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- It is a Functional Commission of the United Nations Economic and Social Council.
- It consists of 24 member countries of the United Nations elected by the United Nations Security Council.
Which of the statements given above is/are correct?
Correct
Ans: (a)
Explanation:
- The United Nations Statistical Commission (est. 1947; HQ: New York) is a Functional Commission of the United Nations Economic and Social Council. It oversees the work of the United Nations Statistics Division.
- Members: Its 24 member states are elected by the Economic and Social Council on the basis of the following geographical distribution: African states (5), Asian States (4), Eastern European States (4), Latin American and Caribbean States (4), Western European and other States (7).
Refer: facts for prelims: https://www.insightsonindia.com/2023/04/06/mission-2023-insights-daily-current-affairs-pib-summary-6-april-2023/
Incorrect
Ans: (a)
Explanation:
- The United Nations Statistical Commission (est. 1947; HQ: New York) is a Functional Commission of the United Nations Economic and Social Council. It oversees the work of the United Nations Statistics Division.
- Members: Its 24 member states are elected by the Economic and Social Council on the basis of the following geographical distribution: African states (5), Asian States (4), Eastern European States (4), Latin American and Caribbean States (4), Western European and other States (7).
Refer: facts for prelims: https://www.insightsonindia.com/2023/04/06/mission-2023-insights-daily-current-affairs-pib-summary-6-april-2023/
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Question 10 of 10
10. Question
1 pointsConsider the following statements regarding Gulf of Mannar Biosphere Reserve (GOMBR).
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- Gulf of Mannar Biosphere Reserve is the first marine Biosphere in India.
- It extends from Rameswaram to Tuticorin.
- It is internationally recognised under the UNESCO-MAB programme.
Which of the above statements is/are correct?
Correct
Ans: (d)
Explanation:
- The Gulf of Mannar Biosphere Reserve (GOMBR) area is extending from Rameswaram to Tuticorin. It comprises of 21 Islands and this is the first Indian marine national park which is internationally recognised under the UNESCO-MAB programme. The IUCN commission on national parks and WWF identified the reserve as an area of particular concern because of its richest biodiversity and multiple use of the area. The GOMBR is the first marine Biosphere in India.
Refer: facts for prelims: https://www.insightsonindia.com/2023/04/06/mission-2023-insights-daily-current-affairs-pib-summary-6-april-2023/
Incorrect
Ans: (d)
Explanation:
- The Gulf of Mannar Biosphere Reserve (GOMBR) area is extending from Rameswaram to Tuticorin. It comprises of 21 Islands and this is the first Indian marine national park which is internationally recognised under the UNESCO-MAB programme. The IUCN commission on national parks and WWF identified the reserve as an area of particular concern because of its richest biodiversity and multiple use of the area. The GOMBR is the first marine Biosphere in India.
Refer: facts for prelims: https://www.insightsonindia.com/2023/04/06/mission-2023-insights-daily-current-affairs-pib-summary-6-april-2023/
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