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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 Global Multidimensional Poverty Index::
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- It is a report produced by the Welthungerhilfe.
- It ranges from 0 to 1, and higher values imply higher poverty.
- It is calculated by multiplying the incidence of poverty and the average intensity of poverty.
How many of the statements given above is/are correct?
Correct
Ans: (b)
Explanation:
- Context: According to the global Multidimensional Poverty Index (MPI) 2023, a total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021.
- First launched in 2010 by UNDP and Oxford Poverty and Human Development Initiative (OPHI), the global MPI advances SDG 1 – ending poverty in all its forms everywhere.
- The MPI is calculated by multiplying the incidence of poverty and the average intensity of poverty.
- The MPI ranges from 0 to 1, and higher values imply higher poverty.
Refer: https://www.insightsonindia.com/2023/07/12/multidimensional-poverty-index/
Incorrect
Ans: (b)
Explanation:
- Context: According to the global Multidimensional Poverty Index (MPI) 2023, a total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021.
- First launched in 2010 by UNDP and Oxford Poverty and Human Development Initiative (OPHI), the global MPI advances SDG 1 – ending poverty in all its forms everywhere.
- The MPI is calculated by multiplying the incidence of poverty and the average intensity of poverty.
- The MPI ranges from 0 to 1, and higher values imply higher poverty.
Refer: https://www.insightsonindia.com/2023/07/12/multidimensional-poverty-index/
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Question 2 of 10
2. Question
1 pointsConsider the following statements about Central Board of Indirect Taxes and Customs (CBIC):
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- It is a government body under the Ministry of Finance in India.
- It is responsible for formulating policies related to customs, excise duties, GST, and narcotics.
- It enforces direct tax laws in India.
How many of the statements given above is/are correct?
Correct
Ans: (b)
Explanation: Central Board of Indirect Taxes and Customs (CBIC):
- It is a government body under the Ministry of Finance in India.
- It is responsible for formulating policies related to customs, excise duties, GST, and narcotics.
- CBIC oversees the administration and collection of these taxes (Indirect) and is the administrative authority for its subordinate organizations. These include Custom Houses, Central Excise and GST Commissionerates, and the Central Revenues Control Laboratory.
Refer: https://www.insightsonindia.com/2023/07/12/standard-operating-procedure-sop-by-cbic/
Incorrect
Ans: (b)
Explanation: Central Board of Indirect Taxes and Customs (CBIC):
- It is a government body under the Ministry of Finance in India.
- It is responsible for formulating policies related to customs, excise duties, GST, and narcotics.
- CBIC oversees the administration and collection of these taxes (Indirect) and is the administrative authority for its subordinate organizations. These include Custom Houses, Central Excise and GST Commissionerates, and the Central Revenues Control Laboratory.
Refer: https://www.insightsonindia.com/2023/07/12/standard-operating-procedure-sop-by-cbic/
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Question 3 of 10
3. Question
1 pointsWhich of the following statements about amylose is correct?
Correct
Ans: (c )
Explanation: About Amylose:
- Amylose is a type of starch found in various carbohydrate-rich foods, including grains like wheat. It is one of the two main components of starch, the other being amylopectin. Foods with higher amylose content generally have a slower digestion rate and a lower impact on blood sugar levels compared to foods with higher amylopectin content.
Refer: https://www.insightsonindia.com/2023/07/12/new-wheat-variety/
Incorrect
Ans: (c )
Explanation: About Amylose:
- Amylose is a type of starch found in various carbohydrate-rich foods, including grains like wheat. It is one of the two main components of starch, the other being amylopectin. Foods with higher amylose content generally have a slower digestion rate and a lower impact on blood sugar levels compared to foods with higher amylopectin content.
Refer: https://www.insightsonindia.com/2023/07/12/new-wheat-variety/
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Question 4 of 10
4. Question
1 pointsConsider the following statements:
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- Hydrazine Hydrate is a colorless liquid with a pungent odor.
- Hydrazine Hydrate is commonly used as a rocket propellant.
- Hydrazine Hydrate is highly toxic and can cause severe burns upon contact with skin.
How many of the statements given above is/are correct?
Correct
Ans: (c)
Explanation:
- Context: Gujarat Alkalies and Chemicals Ltd (GACL) (state PSU) has started dispatching indigenously made Hydrazine Hydrate, a chemical product used in various industries. This move aims to reduce India’s dependence on imports from Europe.
- What is Hydrazine Hydrate?
- Hydrazine Hydrate is a chemical compound with the formula N2H4·H2O. It is a colourless liquid that is widely used as a reducing agent, a chemical intermediate, an oxygen scavenger in the treatment of boiler water, and a rocket propellant. It has applications in industries such as pesticides, agrochemicals, water treatment, pharmaceuticals, polymer production, and fine chemicals.
Refer: https://www.insightsonindia.com/2023/07/12/hydrazine-hydrate/
Incorrect
Ans: (c)
Explanation:
- Context: Gujarat Alkalies and Chemicals Ltd (GACL) (state PSU) has started dispatching indigenously made Hydrazine Hydrate, a chemical product used in various industries. This move aims to reduce India’s dependence on imports from Europe.
- What is Hydrazine Hydrate?
- Hydrazine Hydrate is a chemical compound with the formula N2H4·H2O. It is a colourless liquid that is widely used as a reducing agent, a chemical intermediate, an oxygen scavenger in the treatment of boiler water, and a rocket propellant. It has applications in industries such as pesticides, agrochemicals, water treatment, pharmaceuticals, polymer production, and fine chemicals.
Refer: https://www.insightsonindia.com/2023/07/12/hydrazine-hydrate/
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Question 5 of 10
5. Question
1 pointsWhich of the following statements about Klotho is true?
Correct
Ans: (c )
Explanation:
- Context: A new study has revealed that Injecting ageing monkeys with a ‘longevity factor’ protein that can restore levels of Klotho, can improve their cognitive function, a study reveals.
- What is Klotho?
- Klotho is an enzyme that in humans is encoded by the KL gene and produced in Kidney. Circulating levels of soluble Klotho decrease with age and the Klotho gene is associated with increased risk of age-related diseases.
Incorrect
Ans: (c )
Explanation:
- Context: A new study has revealed that Injecting ageing monkeys with a ‘longevity factor’ protein that can restore levels of Klotho, can improve their cognitive function, a study reveals.
- What is Klotho?
- Klotho is an enzyme that in humans is encoded by the KL gene and produced in Kidney. Circulating levels of soluble Klotho decrease with age and the Klotho gene is associated with increased risk of age-related diseases.
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Question 6 of 10
6. Question
1 pointsConsider the following countries:
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- Norway
- Finland
- Denmark
- Russia
- Germany
How many of the above mentioned countries share a land border with Sweden?
Correct
Ans: (b)
Explanation:
- From …..“Sweden shares a border with Norway in the west, Finland in the northeast and, like an artery, the Öresund Bridge and tunnel connects us physically and culturally to Denmark in the southwest. Our land border with Norway is the longest uninterrupted border in Europe at 1,619km long.”
- Sweden’s request for NATO membership has been facing hurdles (Turkey and Hungary have still not approved). Previously, Finland joined NATO.
- Sweden is a Scandinavian nation with thousands of coastal islands and inland lakes, along with vast boreal forests and glaciated mountains. Its capital Stockholm is built on 14 islands. Historically, it has been a neutral country in world geopolitics.
- The North Atlantic Treaty Organization also called the North Atlantic Alliance (HQ: Brussels; founded: 1949), is an intergovernmental military alliance between 31 member states – 29 European and two North American.
Incorrect
Ans: (b)
Explanation:
- From …..“Sweden shares a border with Norway in the west, Finland in the northeast and, like an artery, the Öresund Bridge and tunnel connects us physically and culturally to Denmark in the southwest. Our land border with Norway is the longest uninterrupted border in Europe at 1,619km long.”
- Sweden’s request for NATO membership has been facing hurdles (Turkey and Hungary have still not approved). Previously, Finland joined NATO.
- Sweden is a Scandinavian nation with thousands of coastal islands and inland lakes, along with vast boreal forests and glaciated mountains. Its capital Stockholm is built on 14 islands. Historically, it has been a neutral country in world geopolitics.
- The North Atlantic Treaty Organization also called the North Atlantic Alliance (HQ: Brussels; founded: 1949), is an intergovernmental military alliance between 31 member states – 29 European and two North American.
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Question 7 of 10
7. Question
1 pointsIf another global financial crisis happens in the near future , which of the following actions/policies are most likely to give some immunity to India?
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- Not depending on the short term foreign borrowing.
- Opening up to more foreign banks
- Maintaining full capital account convertibility
Select the correct answer using the given code below-
Correct
Ans: (a)
Explanation:
- S1: This makes sense because short-term FII money is volatile. So, 1 is correct.
- S2: This will further increase India’s exposure to foreign money and may in fact aggravate financial crisis. So, 2 is wrong.
- S3: Full CAC implies free movement of currency out of the country for both current and capital account transactions such as short-term and long-term debt. This will only make India more vulnerable to such a crisis. So, 3 is wrong.
Refer: UPSC CSE 2020
Incorrect
Ans: (a)
Explanation:
- S1: This makes sense because short-term FII money is volatile. So, 1 is correct.
- S2: This will further increase India’s exposure to foreign money and may in fact aggravate financial crisis. So, 2 is wrong.
- S3: Full CAC implies free movement of currency out of the country for both current and capital account transactions such as short-term and long-term debt. This will only make India more vulnerable to such a crisis. So, 3 is wrong.
Refer: UPSC CSE 2020
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Question 8 of 10
8. Question
1 pointsIf you withdraw 1,00,000 from your in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will be
Correct
Ans: (d)
Explanation:
- It will remain unchanged since the money supply includes both cash/currency with public at hand and demand deposits. Withdrawing cash from demand deposit only puts it with the public, hence no change in M.
Refer: UPSC CSE 2020
Incorrect
Ans: (d)
Explanation:
- It will remain unchanged since the money supply includes both cash/currency with public at hand and demand deposits. Withdrawing cash from demand deposit only puts it with the public, hence no change in M.
Refer: UPSC CSE 2020
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Question 9 of 10
9. Question
1 pointsWith reference to the cultural history of India, which one of the following is the correct description of the term ‘paramitas’?
Correct
Ans: (c )
Explanation:
- These are 10 perfections, including generosity, compassion etc. on the completion of which one gets nearer the path of a Bodhisattva.
Refer: UPSC CSE 2020
Incorrect
Ans: (c )
Explanation:
- These are 10 perfections, including generosity, compassion etc. on the completion of which one gets nearer the path of a Bodhisattva.
Refer: UPSC CSE 2020
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Question 10 of 10
10. Question
1 pointsIndigo cultivation in India declined by the beginning of the 20th century because of
Correct
Ans: (b)
Explanation:
- Faced by high prices charged by the British traders for indigo dye, German chemists had already started their search for making synthetic indigo and Adolf Baeyer succeeded in synthesizing it in 1882. This was followed by research by other German chemists, namely, Johannes Pfleger and Karl Heumann in the first decade of 20th century. The synthetic dye was much cheaper and blew the final blow to the natural plant produced indigo dye and indigo crop became a part of history. Now most of the indigo dye used world-over is made synthetically.
- See https://insa.nic.in/writereaddata/UpLoadedFiles/IJHS/Vol53_3_2018__Art05.pdf
Refer: UPSC CSE 2020
Incorrect
Ans: (b)
Explanation:
- Faced by high prices charged by the British traders for indigo dye, German chemists had already started their search for making synthetic indigo and Adolf Baeyer succeeded in synthesizing it in 1882. This was followed by research by other German chemists, namely, Johannes Pfleger and Karl Heumann in the first decade of 20th century. The synthetic dye was much cheaper and blew the final blow to the natural plant produced indigo dye and indigo crop became a part of history. Now most of the indigo dye used world-over is made synthetically.
- See https://insa.nic.in/writereaddata/UpLoadedFiles/IJHS/Vol53_3_2018__Art05.pdf
Refer: UPSC CSE 2020
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