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The Current Affairs Quiz is a daily quiz based on the DAILY CURRENT AFFAIRS AND PIB SUMMARY from the previous day, as posted on our website. It covers all relevant news sources and is designed to test your knowledge of current events. Solving these questions will help you retain both concepts and facts relevant to the UPSC IAS civil services exam.
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Question 1 of 10
1. Question
1 pointsConsider the following nations:
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- Egypt
- Syria
- Lebanon
- Jordan
- Israel
How many of the above nations share borders with the Gaza strip?
Correct
Ans: (b)
Explanation:
- Context: After five and a half months of conflict in Gaza, with significant casualties and displacement, the UN Security Council called for an immediate ceasefire.
- The Gaza Strip is a self-governing Palestinian territory on the eastern coast of the Mediterranean Sea. It borders Egypt on the southwest and Israel on the east and north.
Refer: https://www.insightsonindia.com/2024/03/29/un-security-council-resolution-on-gaza/
Incorrect
Ans: (b)
Explanation:
- Context: After five and a half months of conflict in Gaza, with significant casualties and displacement, the UN Security Council called for an immediate ceasefire.
- The Gaza Strip is a self-governing Palestinian territory on the eastern coast of the Mediterranean Sea. It borders Egypt on the southwest and Israel on the east and north.
Refer: https://www.insightsonindia.com/2024/03/29/un-security-council-resolution-on-gaza/
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Question 2 of 10
2. Question
1 pointsConsider the following nations:
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- Egypt
- Lebanon
- Jordan
- Iran
How many of the above nations share borders with Israel?
Correct
Ans: (c)
Explanation:
- Context: After five and a half months of conflict in Gaza, with significant casualties and displacement, the UN Security Council called for an immediate ceasefire.
- Israel is bordered by Syria, Lebanon, Golan Heights, the West Bank, Jordan, the Gaza Strip, and Egypt.
Refer: https://www.insightsonindia.com/2024/03/29/un-security-council-resolution-on-gaza/
Incorrect
Ans: (c)
Explanation:
- Context: After five and a half months of conflict in Gaza, with significant casualties and displacement, the UN Security Council called for an immediate ceasefire.
- Israel is bordered by Syria, Lebanon, Golan Heights, the West Bank, Jordan, the Gaza Strip, and Egypt.
Refer: https://www.insightsonindia.com/2024/03/29/un-security-council-resolution-on-gaza/
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Question 3 of 10
3. Question
1 pointsConsider the following statements:
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- In a T+0 settlement cycle, transactions are settled on the same day they are executed.
- T+0 settlement cycle allows for immediate transfer of securities and funds.
Which of the statements given above is/are correct?
Correct
Ans; (c)
Explanation:
- Context: India’s stock exchanges have launched a beta version of same-day transaction settlement, known as T+0, for select cash segment stocks.
- Currently, in a limited rollout phase, T+0 enables trades to settle on the same day they occur, offering benefits such as faster access to funds and increased flexibility for investors.
- This new system is being tested with around 25 stocks and a select group of brokers, with the aim of assessing its effectiveness and resolving any issues before wider implementation.
- T+0 settlement allows investors to promptly reinvest funds, react quickly to market changes, and potentially reduce counterparty risk.
Refer: https://www.insightsonindia.com/2024/03/29/t0-settlement-cycle/
Incorrect
Ans; (c)
Explanation:
- Context: India’s stock exchanges have launched a beta version of same-day transaction settlement, known as T+0, for select cash segment stocks.
- Currently, in a limited rollout phase, T+0 enables trades to settle on the same day they occur, offering benefits such as faster access to funds and increased flexibility for investors.
- This new system is being tested with around 25 stocks and a select group of brokers, with the aim of assessing its effectiveness and resolving any issues before wider implementation.
- T+0 settlement allows investors to promptly reinvest funds, react quickly to market changes, and potentially reduce counterparty risk.
Refer: https://www.insightsonindia.com/2024/03/29/t0-settlement-cycle/
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Question 4 of 10
4. Question
1 pointsConsider the following financial institutions:
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- Life Insurance Corporation of India (LIC)
- General Insurance Corporation of India (GIC)
- New India Assurance Co. Ltd.
How many of the above were classified as Domestically systemically important insurance companies in India?
Correct
Ans: (c)
Explanation:
- Context: In the financial year 2023-24, three domestic insurance companies have been identified as systemically important for the stability of the economy:
- Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), and New India Assurance Co. Ltd.
- These companies are considered “too important to fail,” and there is an expectation of government support in case of financial distress.
- Designated as Domestic Systemically Important Insurers (D-SIIs), they play a critical role in ensuring the availability of insurance services to the national economy.
- D-SIIs are subject to additional regulatory measures to manage systemic risks and moral hazard issues, including enhancing corporate governance and implementing robust risk management frameworks.
Refer: https://www.insightsonindia.com/2024/03/29/domestically-systemically-important-insurance-companies/
Incorrect
Ans: (c)
Explanation:
- Context: In the financial year 2023-24, three domestic insurance companies have been identified as systemically important for the stability of the economy:
- Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), and New India Assurance Co. Ltd.
- These companies are considered “too important to fail,” and there is an expectation of government support in case of financial distress.
- Designated as Domestic Systemically Important Insurers (D-SIIs), they play a critical role in ensuring the availability of insurance services to the national economy.
- D-SIIs are subject to additional regulatory measures to manage systemic risks and moral hazard issues, including enhancing corporate governance and implementing robust risk management frameworks.
Refer: https://www.insightsonindia.com/2024/03/29/domestically-systemically-important-insurance-companies/
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Question 5 of 10
5. Question
1 pointsWhat is Sagittarius A*?
Correct
Ans: (b)
Explanation:
- Context: Astronomers have detected a twisted magnetic field in a spiral pattern around the Milky Way’s supermassive black hole, Sagittarius A* (Sgr A*), indicating previously unknown features of the powerful object.
- The term “twisted” magnetic field refers to a magnetic field that has a spiral or helical shape rather than being uniformly aligned.
- This discovery sheds light on previously unknown qualities of the supermassive black hole at the centre of our galaxy, indicating similarities with the magnetic field surrounding another black hole known as M87*.
- The twisted magnetic field structure suggests the potential for the Milky Way’s black hole to power efficient jets of material into space, similar to those observed in M87*.
Refer: https://www.insightsonindia.com/2024/03/29/twisted-magnetic-field/
Incorrect
Ans: (b)
Explanation:
- Context: Astronomers have detected a twisted magnetic field in a spiral pattern around the Milky Way’s supermassive black hole, Sagittarius A* (Sgr A*), indicating previously unknown features of the powerful object.
- The term “twisted” magnetic field refers to a magnetic field that has a spiral or helical shape rather than being uniformly aligned.
- This discovery sheds light on previously unknown qualities of the supermassive black hole at the centre of our galaxy, indicating similarities with the magnetic field surrounding another black hole known as M87*.
- The twisted magnetic field structure suggests the potential for the Milky Way’s black hole to power efficient jets of material into space, similar to those observed in M87*.
Refer: https://www.insightsonindia.com/2024/03/29/twisted-magnetic-field/
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Question 6 of 10
6. Question
1 pointsSTART 2024, a new training program, will be conducted by the
Correct
Ans: (c)
Explanation:
- Context: ISRO will conduct the Space Science and Technology Awareness Training (START) 2024 program, aiming to attract young individuals to the fields of space science and technology.
- The training will cover introductory topics in various aspects of space science and technology, along with sessions on Indian space exploration programs and research opportunities.
Refer: https://www.insightsonindia.com/2024/03/29/start-2024/
Incorrect
Ans: (c)
Explanation:
- Context: ISRO will conduct the Space Science and Technology Awareness Training (START) 2024 program, aiming to attract young individuals to the fields of space science and technology.
- The training will cover introductory topics in various aspects of space science and technology, along with sessions on Indian space exploration programs and research opportunities.
Refer: https://www.insightsonindia.com/2024/03/29/start-2024/
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Question 7 of 10
7. Question
1 pointsIn which of the following states is Eturnagaram Wildlife Sanctuary located?
Correct
Ans: (c)
Explanation:
- The Eturnagaram Wildlife Sanctuary is located near Warangal, Telangana, and lies on the border of Madhya Pradesh, Maharashtra, and Andhra Pradesh.
- It is traversed by the rivers Dayyam Vagu and Godavari.
- The sanctuary is home to various flora including bamboo, maddi, dry deciduous teak, thiruman, and madhuca.
- As for fauna, it harbors species such as the sloth bear, chinkara, nilgai, black buck, among others.
Refer: https://www.insightsonindia.com/2024/03/29/eturnagaram-amrabad-wildlife-sanctuaries/
Incorrect
Ans: (c)
Explanation:
- The Eturnagaram Wildlife Sanctuary is located near Warangal, Telangana, and lies on the border of Madhya Pradesh, Maharashtra, and Andhra Pradesh.
- It is traversed by the rivers Dayyam Vagu and Godavari.
- The sanctuary is home to various flora including bamboo, maddi, dry deciduous teak, thiruman, and madhuca.
- As for fauna, it harbors species such as the sloth bear, chinkara, nilgai, black buck, among others.
Refer: https://www.insightsonindia.com/2024/03/29/eturnagaram-amrabad-wildlife-sanctuaries/
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Question 8 of 10
8. Question
1 pointsConsider the following statements about Amrabad Tiger Reserve:
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- It is located in the state of Maharashtra.
- It is traversed by the rivers Dayyam Vagu and Godavari.
- It was established with the aim of conserving the sloth beer.
How many of the above statements are correct?
Correct
Ans: (d)
Explanation:
- Amrabad Tiger Reserve is located in the Indian state of Telangana.
- It is one of the largest tiger reserves in the country, covering an area of approximately 2,800 square kilometers.
- The reserve is situated on the border of Telangana and Andhra Pradesh, encompassing parts of the Nallamala Hills.
- It was established with the aim of conserving the endangered Bengal tiger and its habitat.
- Apart from tigers, the reserve is home to various other species of wildlife including leopards, sloth bears, Indian gaurs, and several species of birds and reptiles.
Refer: https://www.insightsonindia.com/2024/03/29/eturnagaram-amrabad-wildlife-sanctuaries/
Incorrect
Ans: (d)
Explanation:
- Amrabad Tiger Reserve is located in the Indian state of Telangana.
- It is one of the largest tiger reserves in the country, covering an area of approximately 2,800 square kilometers.
- The reserve is situated on the border of Telangana and Andhra Pradesh, encompassing parts of the Nallamala Hills.
- It was established with the aim of conserving the endangered Bengal tiger and its habitat.
- Apart from tigers, the reserve is home to various other species of wildlife including leopards, sloth bears, Indian gaurs, and several species of birds and reptiles.
Refer: https://www.insightsonindia.com/2024/03/29/eturnagaram-amrabad-wildlife-sanctuaries/
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Question 9 of 10
9. Question
1 pointsThe Central Pollution Control Board (CPCB) was constituted under ___.
Correct
Ans: (b)
Explanation:
- The Central Pollution Control Board (CPCB) is a statutory organization established in September 1974 under the Water (Prevention and Control of Pollution) Act, 1974. It was later given powers and functions under the Air (Prevention and Control of Pollution) Act, 1981, and serves as a field formation providing technical services to the Ministry of Environment and Forests under the Environment (Protection) Act, 1986. Its key functions include promoting the cleanliness of streams and wells to prevent water pollution and improving air quality to prevent air pollution nationwide.
Refer: https://www.insightsonindia.com/2024/03/29/central-pollution-control-board/
Incorrect
Ans: (b)
Explanation:
- The Central Pollution Control Board (CPCB) is a statutory organization established in September 1974 under the Water (Prevention and Control of Pollution) Act, 1974. It was later given powers and functions under the Air (Prevention and Control of Pollution) Act, 1981, and serves as a field formation providing technical services to the Ministry of Environment and Forests under the Environment (Protection) Act, 1986. Its key functions include promoting the cleanliness of streams and wells to prevent water pollution and improving air quality to prevent air pollution nationwide.
Refer: https://www.insightsonindia.com/2024/03/29/central-pollution-control-board/
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Question 10 of 10
10. Question
1 pointsWith reference to India’s Banni Grassland, consider the following statements:
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- The Banni Grassland is a unique ecosystem located in the Rann of Kutch region of Gujarat, India.
- It is characterized by its vast expanse of grasslands, interspersed with wetlands and patches of scrubland.
- The Banni Grassland supports a diverse range of flora and fauna, including the critically endangered Great Indian Bustard.
- The local Maldhari community has traditionally practiced a sustainable form of pastoralism in the Banni Grassland for centuries.
How many of the above statements are correct?
Correct
Ans: (c)
Explanation:
- Statement 3 is incorrect
Aspect Details Location Banni Grassland is situated near the Great Rann of Kutch in Gujarat. Size It is considered to be the largest Grassland in Asia, spreading over 2,618 kilometres and accounting for almost 45% of the pastures in Gujarat. Formation The land in Banni was formed from the sediments deposited by the Indus and other rivers over thousands of years. Ecosystem Two ecosystems, wetlands, and grasslands, coexist in Banni. Vegetation The vegetation is sparse and highly dependent on rainfall. It is dominated by low-growing forbs and graminoids, many of which are halophiles (salt-tolerant). The grasslands were traditionally managed by a system of rotational grazing. Flora and Fauna Rich biodiversity with 192 species of plants, 262 species of birds, several species of mammals, reptiles, and amphibians. It is also known for the Banni breed of buffaloes Reserve Forest Status In 1955, the court notified the grassland as a reserve forest. In 2019, the National Green Tribunal (NGT) ordered to demarcation of the boundaries of Banni grassland and restricted non-forest activities. Most of the livestock keepers in Banni belong to the Maldhari community. They rear the Banni or Sindhi buffalo, Kankrej cattle, sheep, goats, horses, donkeys and camels Significance The Wildlife Institute of India (WII) has identified Banni Grassland as one of the last remaining habitats of the cheetah in India. Refer: https://www.insightsonindia.com/2024/03/29/luna-crater-in-banni-plains/
Incorrect
Ans: (c)
Explanation:
- Statement 3 is incorrect
Aspect Details Location Banni Grassland is situated near the Great Rann of Kutch in Gujarat. Size It is considered to be the largest Grassland in Asia, spreading over 2,618 kilometres and accounting for almost 45% of the pastures in Gujarat. Formation The land in Banni was formed from the sediments deposited by the Indus and other rivers over thousands of years. Ecosystem Two ecosystems, wetlands, and grasslands, coexist in Banni. Vegetation The vegetation is sparse and highly dependent on rainfall. It is dominated by low-growing forbs and graminoids, many of which are halophiles (salt-tolerant). The grasslands were traditionally managed by a system of rotational grazing. Flora and Fauna Rich biodiversity with 192 species of plants, 262 species of birds, several species of mammals, reptiles, and amphibians. It is also known for the Banni breed of buffaloes Reserve Forest Status In 1955, the court notified the grassland as a reserve forest. In 2019, the National Green Tribunal (NGT) ordered to demarcation of the boundaries of Banni grassland and restricted non-forest activities. Most of the livestock keepers in Banni belong to the Maldhari community. They rear the Banni or Sindhi buffalo, Kankrej cattle, sheep, goats, horses, donkeys and camels Significance The Wildlife Institute of India (WII) has identified Banni Grassland as one of the last remaining habitats of the cheetah in India. Refer: https://www.insightsonindia.com/2024/03/29/luna-crater-in-banni-plains/
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