The Current Affairs Quiz 2024 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 statements:
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- The Union List includes subjects on which only the Union Government can legislate.
- The State List includes subjects on which both the Union and the State Governments can legislate.
- The Concurrent List includes subjects on which only the State Governments can legislate.
How many of the above statements is/are correct?
Correct
Ans: (a)
Explanation:
- S1 is correct. The Union List includes subjects on which only the Union Government can legislate.
- S2 is incorrect. The State List includes subjects on which only the State Governments can legislate, not both.
- S3 is incorrect. The Concurrent List includes subjects on which both the Union and the State Governments can legislate, not just the State Governments.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
Incorrect
Ans: (a)
Explanation:
- S1 is correct. The Union List includes subjects on which only the Union Government can legislate.
- S2 is incorrect. The State List includes subjects on which only the State Governments can legislate, not both.
- S3 is incorrect. The Concurrent List includes subjects on which both the Union and the State Governments can legislate, not just the State Governments.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
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Question 2 of 10
2. Question
1 pointsEducation is under which list in the Constitution of India?
Correct
Ans: (c)
Explanation:
- The State List is a category under the 7th Schedule of the Constitution of India that enumerates subjects on which individual State Governments have the exclusive power to legislate. These subjects include areas such as police, public health, agriculture, and local governance. This division of powers ensures that states can manage and address local issues effectively without interference from the central government. Currently, Education is under the concurrent List.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
Incorrect
Ans: (c)
Explanation:
- The State List is a category under the 7th Schedule of the Constitution of India that enumerates subjects on which individual State Governments have the exclusive power to legislate. These subjects include areas such as police, public health, agriculture, and local governance. This division of powers ensures that states can manage and address local issues effectively without interference from the central government. Currently, Education is under the concurrent List.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
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Question 3 of 10
3. Question
1 pointsConsider the following statements:
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- Nagaland
- Manipur
- Mizoram
- Assam
How many of the above Indian states share a border with Myanmar?
Correct
Ans: (c)
Explanation:
- The states of Arunachal Pradesh, Nagaland, Manipur, and Mizoram share a border with Myanmar. Assam and Meghalaya do not share a border with Myanmar.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
Incorrect
Ans: (c)
Explanation:
- The states of Arunachal Pradesh, Nagaland, Manipur, and Mizoram share a border with Myanmar. Assam and Meghalaya do not share a border with Myanmar.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
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Question 4 of 10
4. Question
1 pointsConsider the following statements about the Small Farmers’ Agribusiness Consortium (SFAC):
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- The main objective of SFAC is to facilitate agribusiness projects by small farmers and to promote farmer producer organizations (FPOs).
- SFAC operates under the Ministry of Agriculture and Farmers’ Welfare, Government of India.
- SFAC provides venture capital assistance and project development facilities to agribusiness projects.
How many of the above statements is/are correct?
Correct
Ans: (c)
Explanation:
- S1: SFAC focuses on enhancing the agricultural value chain and supporting small farmers by promoting FPOs.
- S2: SFAC functions under the aegis of the Ministry of Agriculture and Farmers’ Welfare.
- S3: SFAC offers various financial and technical support services, including venture capital assistance, to facilitate agribusiness projects.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
Incorrect
Ans: (c)
Explanation:
- S1: SFAC focuses on enhancing the agricultural value chain and supporting small farmers by promoting FPOs.
- S2: SFAC functions under the aegis of the Ministry of Agriculture and Farmers’ Welfare.
- S3: SFAC offers various financial and technical support services, including venture capital assistance, to facilitate agribusiness projects.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
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Question 5 of 10
5. Question
1 pointsConsider the following statements:
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- The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI).
- The WPI does not capture changes in the prices of services, which CPI does.
- The Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy rates.
How many of the above statements are correct?
Correct
Ans: (b)
Explanation:
- Statements 1 and 2 are correct.
- Context: The DPIIT is finalizing a new model of the Producer Price Index (PPI) to better capture input prices in the economy.
- The Wholesale Price Index (WPI) is an economic indicator that measures the average change in prices of goods at the wholesale level, i.e., before they reach the retail level.
- It is used to track inflation and deflation trends in the economy by reflecting price changes in a basket of wholesale goods.
- S3: The Reserve Bank of India (RBI) Governor, Raghuram Raja in 2014 announced that the central bank had adopted the new Consumer Price Index (CPI) (combined) as the key measure of inflation.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
Incorrect
Ans: (b)
Explanation:
- Statements 1 and 2 are correct.
- Context: The DPIIT is finalizing a new model of the Producer Price Index (PPI) to better capture input prices in the economy.
- The Wholesale Price Index (WPI) is an economic indicator that measures the average change in prices of goods at the wholesale level, i.e., before they reach the retail level.
- It is used to track inflation and deflation trends in the economy by reflecting price changes in a basket of wholesale goods.
- S3: The Reserve Bank of India (RBI) Governor, Raghuram Raja in 2014 announced that the central bank had adopted the new Consumer Price Index (CPI) (combined) as the key measure of inflation.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
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Question 6 of 10
6. Question
1 pointsWhich of the following statements about cryptocurrencies is correct?
Correct
Ans: (c)
Explanation:
- Statement A is incorrect. Cryptocurrencies are typically decentralized and not regulated by central banks. Their value is determined by market supply and demand, which can lead to high volatility.
- Statement B is incorrect. While Bitcoin was the first cryptocurrency to use blockchain technology, many other cryptocurrencies also use blockchain. Examples include Ethereum, Litecoin, and Ripple.
- Statement C is correct. Ethereum is known for its capability to facilitate decentralized applications (dApps) and smart contracts, which are self-executing contracts with the terms directly written into code.
- Statement D is incorrect. Although cryptocurrencies can offer a degree of privacy, transactions are recorded on a public ledger (blockchain). This makes them pseudonymous rather than completely anonymous, meaning transactions can be traced back to wallet addresses.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
Incorrect
Ans: (c)
Explanation:
- Statement A is incorrect. Cryptocurrencies are typically decentralized and not regulated by central banks. Their value is determined by market supply and demand, which can lead to high volatility.
- Statement B is incorrect. While Bitcoin was the first cryptocurrency to use blockchain technology, many other cryptocurrencies also use blockchain. Examples include Ethereum, Litecoin, and Ripple.
- Statement C is correct. Ethereum is known for its capability to facilitate decentralized applications (dApps) and smart contracts, which are self-executing contracts with the terms directly written into code.
- Statement D is incorrect. Although cryptocurrencies can offer a degree of privacy, transactions are recorded on a public ledger (blockchain). This makes them pseudonymous rather than completely anonymous, meaning transactions can be traced back to wallet addresses.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
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Question 7 of 10
7. Question
1 pointsConsider the following statements about the Global Conclave on Plastics Recycling and Sustainability (GCPRS):
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- The GCPRS focuses on promoting the development of new plastic materials.
- The GCPRS aims to bring together global leaders to discuss sustainable plastic waste management.
Which of the above statements is/are correct?
Correct
Ans: (b)
Explanation:
- The Global Conclave on Plastics Recycling and Sustainability (GCPRS), organized by the AIPMA (All-India Plastics Manufacturers’ Association (AIPMA), gathers industry stakeholders to address critical issues in plastic use and recycling, showcasing innovative technologies and fostering collaboration for sustainable practices across sectors.
- Statement 1 is incorrect as the primary focus is on recycling and sustainability, not developing new plastic materials.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
Incorrect
Ans: (b)
Explanation:
- The Global Conclave on Plastics Recycling and Sustainability (GCPRS), organized by the AIPMA (All-India Plastics Manufacturers’ Association (AIPMA), gathers industry stakeholders to address critical issues in plastic use and recycling, showcasing innovative technologies and fostering collaboration for sustainable practices across sectors.
- Statement 1 is incorrect as the primary focus is on recycling and sustainability, not developing new plastic materials.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
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Question 8 of 10
8. Question
1 pointsConsider the following statements:
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- 3D holograms require special glasses for viewing.
- 3D holograms can be used for medical imaging and teleconferencing.
- 3D holography can be enhanced using augmented reality.
How many of the above statements are correct?
Correct
Ans: (b)
Explanation:
- S1 is Incorrect: 3D holograms do not require special glasses for viewing. Unlike 3D movies, holograms are visible to the naked eye as they create a light field that reproduces the visual depth and parallax.
- S2 is Correct: 3D holograms can be used for medical imaging and teleconferencing. They allow for the visualization of complex structures in three dimensions, providing better insight in medical diagnostics and enabling immersive communication experiences.
- S3 is Correct: 3D holography can indeed be enhanced using augmented reality (AR). AR can add interactive elements and additional layers of information to holographic displays, making them more engaging and functional.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
Incorrect
Ans: (b)
Explanation:
- S1 is Incorrect: 3D holograms do not require special glasses for viewing. Unlike 3D movies, holograms are visible to the naked eye as they create a light field that reproduces the visual depth and parallax.
- S2 is Correct: 3D holograms can be used for medical imaging and teleconferencing. They allow for the visualization of complex structures in three dimensions, providing better insight in medical diagnostics and enabling immersive communication experiences.
- S3 is Correct: 3D holography can indeed be enhanced using augmented reality (AR). AR can add interactive elements and additional layers of information to holographic displays, making them more engaging and functional.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
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Question 9 of 10
9. Question
1 pointsConsider the following statements:
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- Money mules knowingly assist in laundering money by allowing their bank accounts to be used for transferring stolen funds.
- Only individuals can be money mules, not businesses.
Which of the above statements is/are correct?
Correct
Ans: (a)
Explanation:
- Context: Banks are intensifying scrutiny on new sole proprietorship and individual current accounts to combat ‘money mule’ activities, aiming to deter money laundering and digital frauds.
- S1 is True. Money mules knowingly or unknowingly assist in laundering money by allowing their bank accounts to be used for transferring stolen funds.
- S2 is False. Both individuals and businesses can be exploited as money mules.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
Incorrect
Ans: (a)
Explanation:
- Context: Banks are intensifying scrutiny on new sole proprietorship and individual current accounts to combat ‘money mule’ activities, aiming to deter money laundering and digital frauds.
- S1 is True. Money mules knowingly or unknowingly assist in laundering money by allowing their bank accounts to be used for transferring stolen funds.
- S2 is False. Both individuals and businesses can be exploited as money mules.
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
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Question 10 of 10
10. Question
1 pointsConsider the following subjects:
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- Forest
- Trade
- Marriage
How many of the above subjects are part of the Concurrent list?
Correct
Ans: (c)
Explanation:
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
Incorrect
Ans: (c)
Explanation:
Refer: https://www.insightsonindia.com/2024/07/06/upsc-current-affairs-6-july-2024/
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