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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 pointsThe ‘Artemis Accords’ was in news recently, is related to:
Correct
Ans: (c )
Explanation: About the Artemis Accords:
- They are a US-led international partnership (introduced in 2020 by NASA) – signed by 27 countries till now, including Japan, Australia, the UK, France, and Canada – on planetary exploration and research.
- They are a set of 13 principles, closely linked to the 2018 US Artemis Program, which aims to return astronauts to the lunar surface, build a space camp there, and carry out deep space exploration.
- They are a non-binding bilateral arrangement based on the political understanding of the participating countries.
- This means the Accords do not have the status of a multilateral treaty or a contract nor does it set out legal principles or rules by any stretch of imagination.
Refer: https://www.insightsonindia.com/2023/07/10/india-signs-the-us-led-artemis-accords/
Incorrect
Ans: (c )
Explanation: About the Artemis Accords:
- They are a US-led international partnership (introduced in 2020 by NASA) – signed by 27 countries till now, including Japan, Australia, the UK, France, and Canada – on planetary exploration and research.
- They are a set of 13 principles, closely linked to the 2018 US Artemis Program, which aims to return astronauts to the lunar surface, build a space camp there, and carry out deep space exploration.
- They are a non-binding bilateral arrangement based on the political understanding of the participating countries.
- This means the Accords do not have the status of a multilateral treaty or a contract nor does it set out legal principles or rules by any stretch of imagination.
Refer: https://www.insightsonindia.com/2023/07/10/india-signs-the-us-led-artemis-accords/
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Question 2 of 10
2. Question
1 pointsConsider the following statements regarding the World Trade Organization (WTO).
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- The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
- It officially commenced operations in 1995, under the Marrakesh Agreement.
- After the WTO came into existence, the General Agreement on Trade and Tariffs (GATT) ceased to exist.
How many of the statements given above is/are correct?
Correct
Ans: (b)
Explanation:
- The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
- The World Trade Organization, as an institution, was established in 1995. It replaced the General Agreement on Trade and Tariffs (GATT) which was in place since 1946.
- The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994.
- India has been a member of GATT since 1948; hence it was a party to Uruguay Round and a founding member of WTO.
- While WTO came into existence in 1995, GATT didn’t cease to exist. It continues as WTO’s umbrella treaty for trade in goods.
Refer: https://www.insightsonindia.com/2023/07/10/restoring-the-wtos-dispute-settlement-system/
Incorrect
Ans: (b)
Explanation:
- The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
- The World Trade Organization, as an institution, was established in 1995. It replaced the General Agreement on Trade and Tariffs (GATT) which was in place since 1946.
- The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994.
- India has been a member of GATT since 1948; hence it was a party to Uruguay Round and a founding member of WTO.
- While WTO came into existence in 1995, GATT didn’t cease to exist. It continues as WTO’s umbrella treaty for trade in goods.
Refer: https://www.insightsonindia.com/2023/07/10/restoring-the-wtos-dispute-settlement-system/
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Question 3 of 10
3. Question
1 pointsConsider the following statements regarding the Ministerial Conference of the World Trade Organization (WTO).
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- The Ministerial Conference is the topmost decision-making body of the WTO, that is held in Geneva every year.
- The Ministerial Conference can take decisions on all matters under any multilateral trade agreements.
- It was only at the recent Ministerial Conference that members agreed on core rules for e-commerce regulation.
How many of the statements given above is/are correct?
Correct
Ans: (a)
Explanation:
- The topmost decision-making body of the WTO is the Ministerial Conference.
- The Ministerial Conference brings World Trade Organization (WTO) Members together at the ministerial level, usually every two years. The Ministerial Conference can take decisions on all matters under any multilateral trade agreements.
- The WTO emerged in a largely analogue world in 1994. It was only at the Second Ministerial Conference (1998) that members agreed on core rules for e-commerce regulation
Refer:https://www.insightsonindia.com/2023/07/10/restoring-the-wtos-dispute-settlement-system/
Incorrect
Ans: (a)
Explanation:
- The topmost decision-making body of the WTO is the Ministerial Conference.
- The Ministerial Conference brings World Trade Organization (WTO) Members together at the ministerial level, usually every two years. The Ministerial Conference can take decisions on all matters under any multilateral trade agreements.
- The WTO emerged in a largely analogue world in 1994. It was only at the Second Ministerial Conference (1998) that members agreed on core rules for e-commerce regulation
Refer:https://www.insightsonindia.com/2023/07/10/restoring-the-wtos-dispute-settlement-system/
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Question 4 of 10
4. Question
1 pointsConsider the following statements regarding WTO’s Agreement on Agriculture.
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- It entered into force with the establishment of the WTO.
- It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.
- The WTO’s Agriculture Committee oversees implementation of the Agreement and provides a forum for members to address related concerns.
How many of the statements given above is/are correct?
Correct
Ans: (c)
Explanation: WTO’s Agreement on Agriculture:
- The Agreement on Agriculture (AoA) is an international treaty of the World Trade Organization. It was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade, and entered into force with the establishment of the WTO on January 1, 1995.
- It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.
- The WTO’s Agriculture Committee oversees implementation of the Agreement and provides a forum for members to address related concerns.
Refer: https://www.insightsonindia.com/2023/07/10/restoring-the-wtos-dispute-settlement-system/
Incorrect
Ans: (c)
Explanation: WTO’s Agreement on Agriculture:
- The Agreement on Agriculture (AoA) is an international treaty of the World Trade Organization. It was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade, and entered into force with the establishment of the WTO on January 1, 1995.
- It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.
- The WTO’s Agriculture Committee oversees implementation of the Agreement and provides a forum for members to address related concerns.
Refer: https://www.insightsonindia.com/2023/07/10/restoring-the-wtos-dispute-settlement-system/
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Question 5 of 10
5. Question
1 pointsThe Agreement on Trade-Related Investment Measures (TRIMs), is related to
Correct
Ans: (b)
Explanation:
- The Agreement on Trade-Related Investment Measures (TRIMs) are rules that are applicable to the domestic regulations a country applies to foreign investors, often as part of an industrial policy. The agreement, concluded in 1994, was negotiated under the WTO’s predecessor, the General Agreement on Tariffs and Trade (GATT), and came into force in 1995. The agreement was agreed upon by all members of the World Trade Organization. Trade-Related Investment Measures is one of the four principal legal agreements of the WTO trade treaty.
- TRIMs are rules that restrict preference of domestic firms and thereby enable international firms to operate more easily within foreign markets. Policies such as local content requirements and trade balancing rules that have traditionally been used to both promote the interests of domestic industries and combat restrictive business practices are now banned.
Refer: https://www.insightsonindia.com/2023/07/10/restoring-the-wtos-dispute-settlement-system/
Incorrect
Ans: (b)
Explanation:
- The Agreement on Trade-Related Investment Measures (TRIMs) are rules that are applicable to the domestic regulations a country applies to foreign investors, often as part of an industrial policy. The agreement, concluded in 1994, was negotiated under the WTO’s predecessor, the General Agreement on Tariffs and Trade (GATT), and came into force in 1995. The agreement was agreed upon by all members of the World Trade Organization. Trade-Related Investment Measures is one of the four principal legal agreements of the WTO trade treaty.
- TRIMs are rules that restrict preference of domestic firms and thereby enable international firms to operate more easily within foreign markets. Policies such as local content requirements and trade balancing rules that have traditionally been used to both promote the interests of domestic industries and combat restrictive business practices are now banned.
Refer: https://www.insightsonindia.com/2023/07/10/restoring-the-wtos-dispute-settlement-system/
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Question 6 of 10
6. Question
1 pointsConsider the following statements:
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- Repo rate is the rate at which the central bank gives loans to commercial banks against government securities.
- Reverse repo rate is the interest that RBI pays to banks for the funds that the banks deposit with it.
- The reverse repo rate is utilized to control the economy’s liquidity, while the repo rate is utilized to control inflation.
How many of the statements given above is/are correct?
Correct
Ans: (c)
Explanation:
- Context: The Reserve Bank of India (RBI) has continued to conduct variable rate reverse repo auctions (VRRRs) to withdraw excess liquidity from the banking system since June 30.
- What is Repo and Reverse Repo?
- Repo rate is the rate at which the central bank lends money, while the reverse repo rate is the rate at which the central bank borrows money from commercial banks. These rates are used to influence liquidity, credit availability, and inflation in the economy.
Incorrect
Ans: (c)
Explanation:
- Context: The Reserve Bank of India (RBI) has continued to conduct variable rate reverse repo auctions (VRRRs) to withdraw excess liquidity from the banking system since June 30.
- What is Repo and Reverse Repo?
- Repo rate is the rate at which the central bank lends money, while the reverse repo rate is the rate at which the central bank borrows money from commercial banks. These rates are used to influence liquidity, credit availability, and inflation in the economy.
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Question 7 of 10
7. Question
1 pointsConsider the following statements:
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- It damages the leaves of plants and retards the rate of photosynthesis.
- It is toxic to living tissues also.
- It is harmful to various textile fibers and metals.
How many of the aforementioned adverse effects on the environment are caused by oxidized nitrogen?
Correct
Ans: (c)
Explanation:
- The irritant red haze in the traffic and congested places is due to oxides of nitrogen. Higher concentrations of NO2 damage the leaves of plants and retard the rate of photosynthesis. Nitrogen dioxide is a lung irritant that can lead to an acute respiratory disease in children. It is toxic to living tissues also. Nitrogen dioxide is also harmful to various textile fibres and metals.
Incorrect
Ans: (c)
Explanation:
- The irritant red haze in the traffic and congested places is due to oxides of nitrogen. Higher concentrations of NO2 damage the leaves of plants and retard the rate of photosynthesis. Nitrogen dioxide is a lung irritant that can lead to an acute respiratory disease in children. It is toxic to living tissues also. Nitrogen dioxide is also harmful to various textile fibres and metals.
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Question 8 of 10
8. Question
1 pointsGlobal Peace Index is produced by the
Correct
Ans: (c )
Explanation: What is the Global Peace Index?
- Produced by the Institute for Economics and Peace (IEP), the Global Peace Index (GPI) is the world’s leading measure of global peacefulness. It measures the state of peace across three domains:
- the level of Societal Safety and Security,
- the extent of Ongoing Domestic and International Conflict,
- the degree of Militarisation.
Incorrect
Ans: (c )
Explanation: What is the Global Peace Index?
- Produced by the Institute for Economics and Peace (IEP), the Global Peace Index (GPI) is the world’s leading measure of global peacefulness. It measures the state of peace across three domains:
- the level of Societal Safety and Security,
- the extent of Ongoing Domestic and International Conflict,
- the degree of Militarisation.
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Question 9 of 10
9. Question
1 pointsConsider the following statements about Convention on Cluster Munitions:
-
- It prohibits the use, stockpiling, production, and transfer of cluster munitions.
- The USA and India are not party to the convention.
Which of the statements given above is/are correct?’
Correct
Ans: (c )
Explanation:
- Context: The Biden administration has announced an $800 million security assistance package to Ukraine, which includes the provision of cluster munitions, despite their ban by 111 countries.
- What are Cluster Bombs?
- Cluster munitions are weapons that disperse explosive submunitions over a wide area, causing significant civilian casualties and posing long-term risks due to unexploded ordnance.
- Convention to Ban it:
- The Convention on Cluster Munitions (CCM) prohibits the use, stockpiling, production, and transfer of cluster munitions. However, major countries like the U.S., Russia, China, India, Israel, Pakistan, and Ukraine, along with several NATO countries, are not party to the convention.
- Is India Party to it?
- According to Cluster Munition Monitor 2022, sixteen countries that have refused to sign the convention and who produce cluster munitions included Brazil, China, Egypt, Greece, Iran, Israel, India, North Korea, Pakistan, Poland, Romania, Russia, Singapore, South Korea, the United States and Turkey.
Incorrect
Ans: (c )
Explanation:
- Context: The Biden administration has announced an $800 million security assistance package to Ukraine, which includes the provision of cluster munitions, despite their ban by 111 countries.
- What are Cluster Bombs?
- Cluster munitions are weapons that disperse explosive submunitions over a wide area, causing significant civilian casualties and posing long-term risks due to unexploded ordnance.
- Convention to Ban it:
- The Convention on Cluster Munitions (CCM) prohibits the use, stockpiling, production, and transfer of cluster munitions. However, major countries like the U.S., Russia, China, India, Israel, Pakistan, and Ukraine, along with several NATO countries, are not party to the convention.
- Is India Party to it?
- According to Cluster Munition Monitor 2022, sixteen countries that have refused to sign the convention and who produce cluster munitions included Brazil, China, Egypt, Greece, Iran, Israel, India, North Korea, Pakistan, Poland, Romania, Russia, Singapore, South Korea, the United States and Turkey.
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Question 10 of 10
10. Question
1 pointsWhich of the following statements about nickel is true?
Correct
Ans: (a)
EExplanation:
- Option2: Nickel is a hard and ductile transition metal.
- Option3: In its metallic form nickel is chemically unreactive
- Option4: Nickel is one of the five ferromagnetic elements
- Context: The rush for nickel mining in Indonesia, driven by the growing demand for the metal in green technologies, is raising concerns about its environmental impact and threatening the traditional way of life for indigenous communities
- Nickel is a versatile metal widely used in stainless steel, rechargeable batteries and renewable energy storage systems. Indonesia has world’s largest reserve as well as is the largest producer of Nickel in the world. Nickel is primarily found in Odisha (93% of India’s reserve) (mainly Cuttack and Mayunrbhanj). Jharkhand, Nagaland, and Karnataka also produce some.
Incorrect
Ans: (a)
EExplanation:
- Option2: Nickel is a hard and ductile transition metal.
- Option3: In its metallic form nickel is chemically unreactive
- Option4: Nickel is one of the five ferromagnetic elements
- Context: The rush for nickel mining in Indonesia, driven by the growing demand for the metal in green technologies, is raising concerns about its environmental impact and threatening the traditional way of life for indigenous communities
- Nickel is a versatile metal widely used in stainless steel, rechargeable batteries and renewable energy storage systems. Indonesia has world’s largest reserve as well as is the largest producer of Nickel in the world. Nickel is primarily found in Odisha (93% of India’s reserve) (mainly Cuttack and Mayunrbhanj). Jharkhand, Nagaland, and Karnataka also produce some.
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