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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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Question 1 of 5
1. Question
1 pointsConsider the following statements.
- Khanij Bidesh India Limited (KABIL) is a joint venture company that is focused on identifying and acquiring strategic minerals overseas for India’s use.
- Argentina, is part of the “Lithium Triangle”, and holds the world’s largest lithium reserve.
- India is part of the Mineral Security Partnership (MSP), which aims to strengthen critical mineral supply chains.
How many of the above statements is/are correct?
Correct
Solution: b)
Statement 2 is incorrect.
- Argentina, as part of the “Lithium Triangle”along with Chile and Bolivia, is a significant producer of lithium, holding the world’s third-largest lithium reserve.
- KABILis a joint venture, involving NALCO, MECL, and HCL, and is focused on identifying and acquiring strategic minerals overseas for India’s use. It is also exploring opportunities for lithium partnerships and acquisitions in other Latin American nations like Chile and Brazil, as well as in Australia for lithium and cobalt exploration.
- India just joined the Mineral Security Partnership (MSP)as the newest partner, which aims to strengthen critical mineral supply chains.
Incorrect
Solution: b)
Statement 2 is incorrect.
- Argentina, as part of the “Lithium Triangle”along with Chile and Bolivia, is a significant producer of lithium, holding the world’s third-largest lithium reserve.
- KABILis a joint venture, involving NALCO, MECL, and HCL, and is focused on identifying and acquiring strategic minerals overseas for India’s use. It is also exploring opportunities for lithium partnerships and acquisitions in other Latin American nations like Chile and Brazil, as well as in Australia for lithium and cobalt exploration.
- India just joined the Mineral Security Partnership (MSP)as the newest partner, which aims to strengthen critical mineral supply chains.
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Question 2 of 5
2. Question
1 pointsConsider the following statements regarding Argentina.
- Argentina is the largest country in South America.
- The Andes Mountains runs completely in Argentina.
- Argentina does not share its border with Brazil.
How many of the above statements is/are correct?
Correct
Solution: d)
Argentina is a country in the southern half of South America. Argentina is the second-largest country in South America after Brazil. The Andes Mountains, which run through both Argentina and Chile, are known for hosting lithium-rich brine deposits. The region’s unique geological conditions make it conducive to the formation and concentration of lithium resources.
Incorrect
Solution: d)
Argentina is a country in the southern half of South America. Argentina is the second-largest country in South America after Brazil. The Andes Mountains, which run through both Argentina and Chile, are known for hosting lithium-rich brine deposits. The region’s unique geological conditions make it conducive to the formation and concentration of lithium resources.
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Question 3 of 5
3. Question
1 pointsHow would you distinguish between the revenue and capital receipts of the government?
- Revenue receipts are non-redeemable unlike certain capital receipts.
- Capital receipts are always debt creating unlike revenue receipts.
Which of the above statements is/are correct?
Correct
Solution: a)
The main difference between revenue receipts and capital receipts is that in the case of revenue receipts, government is under no future obligation to return the amount, i.e., they are non-redeemable. But In case of capital receipts which are borrowings, government is under obligation to return the amount along with Interest.
Capital receipts may be debt creating or non-debt creating.
Examples of debt creating receipts are—Net borrowing by government at home, loans received from foreign governments, borrowing from RBI. Examples of non-debt capital receipts are—Recovery of loans, proceeds from sale of public enterprises (i.e., disinvestment), etc. These do not give rise to debt.
Incorrect
Solution: a)
The main difference between revenue receipts and capital receipts is that in the case of revenue receipts, government is under no future obligation to return the amount, i.e., they are non-redeemable. But In case of capital receipts which are borrowings, government is under obligation to return the amount along with Interest.
Capital receipts may be debt creating or non-debt creating.
Examples of debt creating receipts are—Net borrowing by government at home, loans received from foreign governments, borrowing from RBI. Examples of non-debt capital receipts are—Recovery of loans, proceeds from sale of public enterprises (i.e., disinvestment), etc. These do not give rise to debt.
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Question 4 of 5
4. Question
1 pointsConsider the following statements regarding Aerosols.
- Aerosols influence climate by changing the amount of heat that gets in or out of the atmosphere, and by affecting the way clouds form.
- Some aerosols reflect the sun’s rays that beam on them and bounce the rays back out of the atmosphere.
- Examples of aerosols are fog, forest exudates, particulate air pollutants and smoke.
How many of the above statements is/are correct?
Correct
Solution: c)
An aerosol is a suspension of fine solid particles or liquid droplets in air or another gas. Aerosols can be natural or anthropogenic. Examples of natural aerosols are fog, mist, dust, forest exudates and geyser steam. Examples of anthropogenic aerosols are particulate air pollutants and smoke.
Aerosols influence climate in two primary ways: by changing the amount of heat that gets in or out of the atmosphere, or by affecting the way clouds form.
Some aerosols, like many kinds of dust from ground-up rocks, are light-colored and even a little bit reflective. When the sun’s rays beam down on them, they bounce the rays back out of the atmosphere, preventing that heat from ever reaching Earth’s surface.
Incorrect
Solution: c)
An aerosol is a suspension of fine solid particles or liquid droplets in air or another gas. Aerosols can be natural or anthropogenic. Examples of natural aerosols are fog, mist, dust, forest exudates and geyser steam. Examples of anthropogenic aerosols are particulate air pollutants and smoke.
Aerosols influence climate in two primary ways: by changing the amount of heat that gets in or out of the atmosphere, or by affecting the way clouds form.
Some aerosols, like many kinds of dust from ground-up rocks, are light-colored and even a little bit reflective. When the sun’s rays beam down on them, they bounce the rays back out of the atmosphere, preventing that heat from ever reaching Earth’s surface.
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Question 5 of 5
5. Question
1 pointsConsider the following statements.
- India is considered among the top five landslide-prone countries globally.
- In India, more than 50 percent of the landslides are reported from the North-eastern Himalayas.
- Rainfall variability pattern is the single biggest cause for landslides in India.
Which of the above statements is/are correct?
Correct
Solution: b)
India is considered among the top five landslide-prone countries globally, where at least one death per 100 sq km is reported in a year due to a landslide event. Rainfall variability pattern is the single biggest cause for landslides in the country, with the Himalayas and the Western Ghats remaining highly vulnerable.
Excluding snow covered areas, approximately 12.6 per cent of the country’s geographical land area (0.42 million sq km) is prone to landslides. As many as 66.5 per cent of the landslides are reported from the North-western Himalayas, about 18.8 per cent from the North-eastern Himalayas, and about 14.7 per cent from the Western Ghats.
Incorrect
Solution: b)
India is considered among the top five landslide-prone countries globally, where at least one death per 100 sq km is reported in a year due to a landslide event. Rainfall variability pattern is the single biggest cause for landslides in the country, with the Himalayas and the Western Ghats remaining highly vulnerable.
Excluding snow covered areas, approximately 12.6 per cent of the country’s geographical land area (0.42 million sq km) is prone to landslides. As many as 66.5 per cent of the landslides are reported from the North-western Himalayas, about 18.8 per cent from the North-eastern Himalayas, and about 14.7 per cent from the Western Ghats.
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