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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 pointsConsider the following statements about the Prevention of Cruelty to Animals Act, 1960:
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- This Act provides for punishment for causing unnecessary cruelty and suffering to animals
- The Animal Welfare Board of India (AWBI) was established in 1962 under Section 4 of the Act.
Which of the statements given above is/are correct?
Correct
Ans: (c )
Explanation:
- Seeks to “prevent the infliction of unnecessary pain or suffering on animals”.
- The Animal Welfare Board of India (AWBI) was established in 1962 under Section 4 of the Act.
- This Act provides for punishment for causing unnecessary cruelty and suffering to animals. The Act defines animals and different forms of animals.
- It provides the guidelines relating to experimentation on animals for scientific purposes.
Incorrect
Ans: (c )
Explanation:
- Seeks to “prevent the infliction of unnecessary pain or suffering on animals”.
- The Animal Welfare Board of India (AWBI) was established in 1962 under Section 4 of the Act.
- This Act provides for punishment for causing unnecessary cruelty and suffering to animals. The Act defines animals and different forms of animals.
- It provides the guidelines relating to experimentation on animals for scientific purposes.
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Question 2 of 10
2. Question
1 pointsConsider the following statement about the chir pine:
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- It is native to the Himalayan region.
- It does not allow any vegetation to grow around it by making soil more acidic through its fallen needles.
Which of the statements given above is/are correct?
Correct
Ans: (c )
Explanation: About the chir pine:
- It is a species of pine tree that is native to the Himalayan region. It is a fast-growing evergreen tree and forms dense forests in the sub-tropical and temperate regions of Uttarakhand.
- Owing to its shallow roots it is attributed to soil erosion, particularly in the Himalayas. It does not allow any vegetation to grow around it by making soil more acidic through its fallen needles.
Refer: https://www.insightsonindia.com/2023/05/19/combating-forest-fires-in-uttarakhand/
Incorrect
Ans: (c )
Explanation: About the chir pine:
- It is a species of pine tree that is native to the Himalayan region. It is a fast-growing evergreen tree and forms dense forests in the sub-tropical and temperate regions of Uttarakhand.
- Owing to its shallow roots it is attributed to soil erosion, particularly in the Himalayas. It does not allow any vegetation to grow around it by making soil more acidic through its fallen needles.
Refer: https://www.insightsonindia.com/2023/05/19/combating-forest-fires-in-uttarakhand/
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Question 3 of 10
3. Question
1 pointsThe National Disaster Management Authority (NDMA) is headed by the :
Correct
Ans: (a)
Explanation:
- The National Disaster Management Authority (NDMA), headed by the Prime Minister of India, is the apex body for Disaster Management in India.
Refer: https://www.insightsonindia.com/2023/05/19/combating-forest-fires-in-uttarakhand/
Incorrect
Ans: (a)
Explanation:
- The National Disaster Management Authority (NDMA), headed by the Prime Minister of India, is the apex body for Disaster Management in India.
Refer: https://www.insightsonindia.com/2023/05/19/combating-forest-fires-in-uttarakhand/
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Question 4 of 10
4. Question
1 pointsThe debt ceiling is a legislative limit on the amount of national debt that can be incurred by the U.S. Treasury. Which of the following is a potential consequence of the government hitting the debt ceiling?
Correct
Ans: (a)
Explanation:
- The correct answer is (A). When the government hits the debt ceiling, it is unable to borrow any more money to pay its bills. This can lead to a government shutdown, which means that many government services will be closed. It can also lead to a default on the national debt, which would have a significant impact on the economy.
Refer: https://www.insightsonindia.com/2023/05/19/us-debt-ceiling-deal/
Incorrect
Ans: (a)
Explanation:
- The correct answer is (A). When the government hits the debt ceiling, it is unable to borrow any more money to pay its bills. This can lead to a government shutdown, which means that many government services will be closed. It can also lead to a default on the national debt, which would have a significant impact on the economy.
Refer: https://www.insightsonindia.com/2023/05/19/us-debt-ceiling-deal/
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Question 5 of 10
5. Question
1 pointsA company is selling its product at a loss in order to drive its competitors out of business. This is an example of:
Correct
Ans: (b)
Explanation:
- The scenario you described is an example of predatory pricing. Predatory pricing occurs when a company intentionally sets its prices below cost or at an unsustainable level in order to undercut competitors and drive them out of the market. By selling at a loss for a period of time, the predatory company aims to weaken or eliminate competition and gain a dominant position in the market. Once competitors are forced out, the predatory company may then raise prices to recoup its losses or to exploit its newfound market power. Predatory pricing is generally considered anti-competitive and may be subject to legal scrutiny in many jurisdictions.
Refer: https://www.insightsonindia.com/2023/05/19/minimum-import-price-for-apples/
Incorrect
Ans: (b)
Explanation:
- The scenario you described is an example of predatory pricing. Predatory pricing occurs when a company intentionally sets its prices below cost or at an unsustainable level in order to undercut competitors and drive them out of the market. By selling at a loss for a period of time, the predatory company aims to weaken or eliminate competition and gain a dominant position in the market. Once competitors are forced out, the predatory company may then raise prices to recoup its losses or to exploit its newfound market power. Predatory pricing is generally considered anti-competitive and may be subject to legal scrutiny in many jurisdictions.
Refer: https://www.insightsonindia.com/2023/05/19/minimum-import-price-for-apples/
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Question 6 of 10
6. Question
1 pointsWhich of the following is NOT a characteristic of predatory pricing?
Correct
Ans: (d)
Explanation:
- The answer is (D). Predatory pricing is a pricing strategy that is used to drive competitors out of business, not to increase profits. By setting prices below the cost of production, a company can force its competitors to either match the prices and lose money, or raise their prices and lose market share. Once the competitors have been driven out of business, the company can then raise prices and increase profits.
Refer: https://www.insightsonindia.com/2023/05/19/minimum-import-price-for-apples/
Incorrect
Ans: (d)
Explanation:
- The answer is (D). Predatory pricing is a pricing strategy that is used to drive competitors out of business, not to increase profits. By setting prices below the cost of production, a company can force its competitors to either match the prices and lose money, or raise their prices and lose market share. Once the competitors have been driven out of business, the company can then raise prices and increase profits.
Refer: https://www.insightsonindia.com/2023/05/19/minimum-import-price-for-apples/
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Question 7 of 10
7. Question
1 pointsConsider the following statements about Pradhan Mantri MatsyaSampada Yojana:
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- It was launched in 2020 for the sustainable development of the fisheries sector and to bring about the ‘Blue Revolution’.
- It is being implemented in all States and Union Territories for a period of 5 years from FY 2020-21 to FY 2024-25.
Which of the statements given above is/are correct?
Correct
Ans: (c )
Explanation:
- Dimension Information
- About: PMMSY (Under the Ministry of Commerce and Industry) was launched in 2020 for the sustainable development of the fisheries sector and to bring about the ‘Blue Revolution’.
- Implementation: It is being implemented in all States and Union Territories for a period of 5 years from FY 2020-21 to FY 2024-25. It provides insurance coverage, and financial assistance to fishermen.
- Aim and Objectives Rural development and boosting the rural economy; “Reform, Perform and Transform” motto; Core and trunk infrastructure development and Modernization of Indian fisheries
Refer: https://www.insightsonindia.com/2023/05/19/pradhan-mantri-matsyasampada-yojana-pmmsy/
Incorrect
Ans: (c )
Explanation:
- Dimension Information
- About: PMMSY (Under the Ministry of Commerce and Industry) was launched in 2020 for the sustainable development of the fisheries sector and to bring about the ‘Blue Revolution’.
- Implementation: It is being implemented in all States and Union Territories for a period of 5 years from FY 2020-21 to FY 2024-25. It provides insurance coverage, and financial assistance to fishermen.
- Aim and Objectives Rural development and boosting the rural economy; “Reform, Perform and Transform” motto; Core and trunk infrastructure development and Modernization of Indian fisheries
Refer: https://www.insightsonindia.com/2023/05/19/pradhan-mantri-matsyasampada-yojana-pmmsy/
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Question 8 of 10
8. Question
1 pointsAccording to the Wildlife (Protection) Act, 1972, which of the following animals cannot be hunted by any person except under some provisions provided by law?
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- Gharial
- Indian wild ass
- Wild buffalo
Select the correct answer using the code given below:
Correct
Ans: (d)
Explanation:
- All of these are protected scheduled animals under the Wildlife Act.
- http://envfor.nic.in/legis/wildlife/wildlife2s1.pdf
Incorrect
Ans: (d)
Explanation:
- All of these are protected scheduled animals under the Wildlife Act.
- http://envfor.nic.in/legis/wildlife/wildlife2s1.pdf
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Question 9 of 10
9. Question
1 pointsIf you want to see gharials in their natural habitat, which one of the following is the best place to visit?
Correct
Ans: (b )
Explanation:
- Option A: Gharials inhabit deep freshwater habitats, not both freshwater and saltwater habitats as inhabited by crocodile species. So, A is ruled out. Option A is the home of saltwater crocodile.
- Option B: Gharials can be naturally found in National Chambal Gharial Wildlife Sanctuary.
- The gharial is one of three crocodilians native to India, the other two being the mugger crocodile and the saltwater crocodile.
Incorrect
Ans: (b )
Explanation:
- Option A: Gharials inhabit deep freshwater habitats, not both freshwater and saltwater habitats as inhabited by crocodile species. So, A is ruled out. Option A is the home of saltwater crocodile.
- Option B: Gharials can be naturally found in National Chambal Gharial Wildlife Sanctuary.
- The gharial is one of three crocodilians native to India, the other two being the mugger crocodile and the saltwater crocodile.
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Question 10 of 10
10. Question
1 pointsConsider the following in respect of Indian Ocean Naval Symposium (IONS):
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- Inaugural IONS was held in India in 2015 under the chairmanship of the Indian Navy.
- IONS is a voluntary initiative that seeks to increase maritime co-operation among navies of the littoral states of the Indian Ocean Region.
Which of the above statements is/are correct?
Correct
Ans: (b)
Explanation:
- Statement 1: The inaugural IONS-2008 was held in New Delhi, India. CNS, Indian Navy was designated the Chairman IONS for the period 2008-10.
- Statement 2: It is correct http://ions.gov.in/about_ions
Refer: UPSC CSE 2017
Incorrect
Ans: (b)
Explanation:
- Statement 1: The inaugural IONS-2008 was held in New Delhi, India. CNS, Indian Navy was designated the Chairman IONS for the period 2008-10.
- Statement 2: It is correct http://ions.gov.in/about_ions
Refer: UPSC CSE 2017
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