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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 pointsRegarding the ‘Langlands Program’, which statement is accurate?
Correct
Ans; (c )
Explanation: What is the Langlands Program?
- The Langlands Program is a comprehensive and influential research initiative in mathematics that aims to establish deep connections between two seemingly unrelated areas of mathematics: number theory and harmonic analysis.
- Significance: The Langlands Program has had a profound impact on various branches of mathematics, leading to significant breakthroughs and applications in solving long-standing mathematical problems.
Refer: https://www.insightsonindia.com/2023/11/22/langlands-program/
Incorrect
Ans; (c )
Explanation: What is the Langlands Program?
- The Langlands Program is a comprehensive and influential research initiative in mathematics that aims to establish deep connections between two seemingly unrelated areas of mathematics: number theory and harmonic analysis.
- Significance: The Langlands Program has had a profound impact on various branches of mathematics, leading to significant breakthroughs and applications in solving long-standing mathematical problems.
Refer: https://www.insightsonindia.com/2023/11/22/langlands-program/
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Question 2 of 10
2. Question
1 pointsWhat is the ‘Abel Prize’?
Correct
Ans: (b)
Explanation:
- The Abel Prize is a prestigious award in mathematics, named after Norwegian mathematician Niels Henrik Abel. Established by the Norwegian Parliament in 2002, the prize recognizes outstanding scientific achievements in mathematics. The 2023 Abel Prize was awarded to Luis Caffarelli for his contributions to regularity theory for nonlinear partial differential equations.
Refer: https://www.insightsonindia.com/2023/11/22/langlands-program/
Incorrect
Ans: (b)
Explanation:
- The Abel Prize is a prestigious award in mathematics, named after Norwegian mathematician Niels Henrik Abel. Established by the Norwegian Parliament in 2002, the prize recognizes outstanding scientific achievements in mathematics. The 2023 Abel Prize was awarded to Luis Caffarelli for his contributions to regularity theory for nonlinear partial differential equations.
Refer: https://www.insightsonindia.com/2023/11/22/langlands-program/
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Question 3 of 10
3. Question
1 pointsRegarding the ‘Moho discontinuity’,which statement is accurate?
Correct
Ans: (a)
Explanation:
- The Moho discontinuity, or Mohorovičić discontinuity, is a geological boundary that marks the boundary between the Earth’s crust and mantle. Named after the Croatian seismologist Andrija Mohorovičić who first identified it, this boundary represents a significant change in seismic wave velocities. Below the Moho, seismic waves travel faster, indicating a transition from the less dense crust to the denser mantle.
Refer: https://www.insightsonindia.com/2023/11/22/e-prime-layer/
Incorrect
Ans: (a)
Explanation:
- The Moho discontinuity, or Mohorovičić discontinuity, is a geological boundary that marks the boundary between the Earth’s crust and mantle. Named after the Croatian seismologist Andrija Mohorovičić who first identified it, this boundary represents a significant change in seismic wave velocities. Below the Moho, seismic waves travel faster, indicating a transition from the less dense crust to the denser mantle.
Refer: https://www.insightsonindia.com/2023/11/22/e-prime-layer/
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Question 4 of 10
4. Question
1 pointsconsider the following statements about the ‘United Service Institution of India’ (USI):
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- USI is India’s oldest think-tank, established in 1870.
- It serves as a platform for research and debate on national security and military affairs.
Which of the given above statements is/are correct?
Correct
Ans: (c)
Explanation:
- Context: The United Service Institution of India (USI) is organizing its Annual UN Forum 2023 in New Delhi, focusing on ‘International Humanitarian Law and Peacekeeping.’
- In collaboration with the International Committee of the Red Cross and the Centre for UN Peacekeeping Operations, the forum addresses challenges in applying International Humanitarian Law (IHL) principles in contemporary UN peacekeeping missions.
- About United Service Institution of India (USI):
- USI is the India’s oldest think-tank, established in 1870. It serves as a platform for research and debate on national security and military affairs.
Refer: https://www.insightsonindia.com/2023/11/22/united-service-institution-of-india-usi/
Incorrect
Ans: (c)
Explanation:
- Context: The United Service Institution of India (USI) is organizing its Annual UN Forum 2023 in New Delhi, focusing on ‘International Humanitarian Law and Peacekeeping.’
- In collaboration with the International Committee of the Red Cross and the Centre for UN Peacekeeping Operations, the forum addresses challenges in applying International Humanitarian Law (IHL) principles in contemporary UN peacekeeping missions.
- About United Service Institution of India (USI):
- USI is the India’s oldest think-tank, established in 1870. It serves as a platform for research and debate on national security and military affairs.
Refer: https://www.insightsonindia.com/2023/11/22/united-service-institution-of-india-usi/
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Question 5 of 10
5. Question
1 pointsConsider the following statements about the ‘International Tropical Timber Organization’(ITTO):
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- It promotes conservation of tropical forest resources and their sustainable management, use and trade.
- India has been the founding member of ITTO.
- The ITTO is located in Yokohama, Japan.
How many of the above statements are correct?
Correct
Ans: (c)
Explanation
- The International Tropical Timber Organization (formed 1986; HQ: Yokohama, Japan) is an intergovernmental organization that promotes the conservation of tropical forest resources and their sustainable management, use and trade. The International Tropical Timber Council (ITTC) is the governing body of the International Tropical Timber Organization (ITTO). India has been the founding member of ITTO.
Refer: https://www.insightsonindia.com/2023/11/22/international-tropical-timber-organization-itto/
Incorrect
Ans: (c)
Explanation
- The International Tropical Timber Organization (formed 1986; HQ: Yokohama, Japan) is an intergovernmental organization that promotes the conservation of tropical forest resources and their sustainable management, use and trade. The International Tropical Timber Council (ITTC) is the governing body of the International Tropical Timber Organization (ITTO). India has been the founding member of ITTO.
Refer: https://www.insightsonindia.com/2023/11/22/international-tropical-timber-organization-itto/
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Question 6 of 10
6. Question
1 pointsConsider the following statements regarding International Space Station (ISS).
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- The ISS is the first space station to be built and operated.
- ISS is not entirely in zero-gravity space and it does encounter a little bit of gravity.
- Thrusters must be sent periodically, that attach themselves to the ISS for keeping it in orbit.
How many of the above statements are correct?
Correct
Ans: (b)
Explanation
- Only Statements 2 and 3 are correct.
- The ISS is not the first space station to be built and operated. Several smaller space stations have been used earlier, the most famous of which have been the Russian Mir space station that operated in the 1980s, and the American Skylab.
- ISS is not entirely in zero-gravity space. It does encounter a little bit of gravity. Also, it loses a bit of energy as it moves around the earth. Left to itself, the ISS would fall down. The Russians periodically send thrusters that attach themselves to the ISS and impart the required momentum to keep it going.
Refer: https://www.insightsonindia.com/2023/11/22/iss-marked-its-25th-anniversary/
Incorrect
Ans: (b)
Explanation
- Only Statements 2 and 3 are correct.
- The ISS is not the first space station to be built and operated. Several smaller space stations have been used earlier, the most famous of which have been the Russian Mir space station that operated in the 1980s, and the American Skylab.
- ISS is not entirely in zero-gravity space. It does encounter a little bit of gravity. Also, it loses a bit of energy as it moves around the earth. Left to itself, the ISS would fall down. The Russians periodically send thrusters that attach themselves to the ISS and impart the required momentum to keep it going.
Refer: https://www.insightsonindia.com/2023/11/22/iss-marked-its-25th-anniversary/
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Question 7 of 10
7. Question
1 pointsWhich of the following activities constitute a real sector in the economy?
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- Farmers harvesting their crops
- Textile mills converting raw cotton into fabrics
- A commercial bank lending money to a trading company
- A corporate body issuing Rupee Denominated Bonds overseas
Select the correct answer using the code given below:
Correct
Ans: (a)
Explanation:
- The nominal economy handles the financial part of the economy, whereas the real sector handles the production side. Financial activity primarily supports actual (production) activity; aside from the factor income it creates, it does not contribute significantly on its own.
Refer: UPSC CSE 2022
Incorrect
Ans: (a)
Explanation:
- The nominal economy handles the financial part of the economy, whereas the real sector handles the production side. Financial activity primarily supports actual (production) activity; aside from the factor income it creates, it does not contribute significantly on its own.
Refer: UPSC CSE 2022
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Question 8 of 10
8. Question
1 pointsWhich one of the following situations best reflects “Indirect Transfers” often talked about in the media recently with reference to India?
Correct
Ans: (d)
Explanation:
- When foreign entities own shares or assets in India, the shares of those foreign entities are transferred rather than the underlying assets in India being transferred directly. This is referred to as an indirect transfer.
Refer: UPSC CSE 2022
Incorrect
Ans: (d)
Explanation:
- When foreign entities own shares or assets in India, the shares of those foreign entities are transferred rather than the underlying assets in India being transferred directly. This is referred to as an indirect transfer.
Refer: UPSC CSE 2022
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Question 9 of 10
9. Question
1 pointsWith reference to the expenditure made by an organization or a company, which of the following statements is/are correct?
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- Acquiring new technology is capital expenditure.
- Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure.
Select the correct answer using the code given below:
Correct
Ans: (a)
Explanation:
- S1: Since acquiring new technology creates new assets and will yield profits in the future, it is regarded as a capital expenditure.
- S2: Capital expenditures encompass both debt and equity finance.
Refer: UPSC CSE 2022
Incorrect
Ans: (a)
Explanation:
- S1: Since acquiring new technology creates new assets and will yield profits in the future, it is regarded as a capital expenditure.
- S2: Capital expenditures encompass both debt and equity finance.
Refer: UPSC CSE 2022
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Question 10 of 10
10. Question
1 pointsWith reference to the Indian economy, consider the following statements:
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- A share of the household financial savings goes towards government borrowings.
- Dated securities issued at market-related rates in auctions form a large component of internal debt.
Which of the above statements is/are correct?
Correct
Ans: (c )
Explanation:
- S1: According to India’s public accounts, a portion of household savings go toward government borrowing. It is primarily made up of provident funds.
- S2: Regular government bonds are referred to as “dated securities,” while T-bills are treated differently. A significant portion of internal debt is made up of dated securities issued at rates linked to the market.
Refer: UPSC CSE 2022
Incorrect
Ans: (c )
Explanation:
- S1: According to India’s public accounts, a portion of household savings go toward government borrowing. It is primarily made up of provident funds.
- S2: Regular government bonds are referred to as “dated securities,” while T-bills are treated differently. A significant portion of internal debt is made up of dated securities issued at rates linked to the market.
Refer: UPSC CSE 2022
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