
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.
- Grasslands and savannahs cover nearly 10% of the Earth’s landmass.
- Woody encroachment is the phenomenon where there is increased tree cover in areas like savannahs and grasslands.
- Higher atmospheric CO2 levels due to climate change majorly inhibit the growth of deep-rooted woody plants.
How many of the above statements is/are correct?
Correct
Solution: a)
Only Statement 2 is correct.
India’s open ecosystems, such as savannahs and grasslands, face an unusual threat from increased tree cover, a phenomenon known as woody encroachment.
- This encroachment, driven by human activities that disrupt the natural disturbance regimes (like grazing and fire), is changing these ecosystems and threatening their biodiversity.
- A study highlighted that increased tree cover in areas like the African savannah has significantly reduced native grassland bird populations by more than 20%.
- Grasslands and savannahs, covering nearly 40% of the Earth’s landmass, are home to many endemic and at-risk species.
- However, threats like conversion to agriculture, large-scale development projects, and overgrazing are contributing to their decline, with trees now emerging as a significant threat.
- Higher atmospheric CO2 levels due to climate change promote the growth of deep-rooted woody plants, exacerbating the problem.
Incorrect
Solution: a)
Only Statement 2 is correct.
India’s open ecosystems, such as savannahs and grasslands, face an unusual threat from increased tree cover, a phenomenon known as woody encroachment.
- This encroachment, driven by human activities that disrupt the natural disturbance regimes (like grazing and fire), is changing these ecosystems and threatening their biodiversity.
- A study highlighted that increased tree cover in areas like the African savannah has significantly reduced native grassland bird populations by more than 20%.
- Grasslands and savannahs, covering nearly 40% of the Earth’s landmass, are home to many endemic and at-risk species.
- However, threats like conversion to agriculture, large-scale development projects, and overgrazing are contributing to their decline, with trees now emerging as a significant threat.
- Higher atmospheric CO2 levels due to climate change promote the growth of deep-rooted woody plants, exacerbating the problem.
-
Question 2 of 10
2. Question
1 pointsConsider the following statements regarding ‘Zero-click’ attacks.
- Zero-click attack is a cyberattack that do not require any action by the user to hack his/her device.
- Hacking a device by giving a missed WhatsApp call is a type of Zero-click attack.
Which of the above statements is/are incorrect?
-
Question 3 of 10
3. Question
1 pointsConsider the following statements regarding Middle-Income Trap.
- Middle-income trap is a situation where a middle-income country struggles to become a high-income economy, mainly due to declining costs and rising competitiveness.
- Since 1990, more than 100 middle-income countries (MICs) have transitioned to high-income status.
- Rising Income Inequality is one of the factors for countries falling into the Middle-Income Trap.
How many of the above statements is/are correct?
Correct
Solution: a)
Only Statement 3 is correct.
The World Bank defines the middle-income trap as a situation where a middle-income country struggles to become a high-income economy due to rising costs and declining competitiveness. There are concerns that India may fall into this trap, potentially stalling at a per capita income of USD 5,000-6,000 on its path to becoming a developed economy.
Key Highlights of the Report:
- Wealthy countries often hit a growth slowdown at around $8,000 per capita (10% of U.S. GDP per person).
- Since 1990, only 34 middle-income countries (MICs) have transitioned to high-income status.
- As of end-2023, 108 MICs host 75% of the global population and generate over 40% of global GDP.
- Challenges for MICs include ageing populations, rising protectionism, and the need for faster energy transitions.
Why Countries Fall into the Middle-Income Trap
- Struggles of Developing Countries: Middle-income nations often lag due to competition with low-wage producers and lack of innovation, stalling growth.
- Structural Shift: Transitioning sectors or growth drivers risk stagnation in per capita income, especially if innovation capabilities are lacking.
- Rising Income Inequality: High-income inequality, exemplified by large wealth gaps, restricts consumer spending and economic progress.
Incorrect
Solution: a)
Only Statement 3 is correct.
The World Bank defines the middle-income trap as a situation where a middle-income country struggles to become a high-income economy due to rising costs and declining competitiveness. There are concerns that India may fall into this trap, potentially stalling at a per capita income of USD 5,000-6,000 on its path to becoming a developed economy.
Key Highlights of the Report:
- Wealthy countries often hit a growth slowdown at around $8,000 per capita (10% of U.S. GDP per person).
- Since 1990, only 34 middle-income countries (MICs) have transitioned to high-income status.
- As of end-2023, 108 MICs host 75% of the global population and generate over 40% of global GDP.
- Challenges for MICs include ageing populations, rising protectionism, and the need for faster energy transitions.
Why Countries Fall into the Middle-Income Trap
- Struggles of Developing Countries: Middle-income nations often lag due to competition with low-wage producers and lack of innovation, stalling growth.
- Structural Shift: Transitioning sectors or growth drivers risk stagnation in per capita income, especially if innovation capabilities are lacking.
- Rising Income Inequality: High-income inequality, exemplified by large wealth gaps, restricts consumer spending and economic progress.
-
Question 4 of 10
4. Question
1 pointsWhich of the following could help countries come out of Middle-Income Trap?
- Increase Labor Force Participation
- Accelerate Infrastructure Pipeline
- Boost Private Investment
- Implement Structural Reforms
- Increase Capital Accumulation
How many of the above options is/are correct?
Correct
Solution: d)
Action Needed Description Greater Divestitures Privatize inefficient public enterprises to raise funds, improve productivity, and attract foreign investment. Boost Middle Class Cut taxes or replace income tax with a consumption tax to increase disposable income and simplify the tax system. Increase Labor Force Participation Invest in education and skill development; support initiatives like the New Education Policy and Skill India Mission. Accelerate Infrastructure Pipeline Invest in and speed up the execution of infrastructure projects, such as roads and power, to enhance connectivity and quality of life. Build on Manufacturing Momentum Enhance India’s role as a global manufacturing hub with initiatives like PLI; improve ease of doing business and labour laws. Boost Private Investment Attract more foreign and domestic investment through support for infrastructure and manufacturing projects. Implement Structural Reforms Undertake targeted reforms to improve productivity and competitiveness in sectors like finance, urban planning, and e-commerce. Increase Capital Accumulation Boost investment to achieve the USD 30 trillion economy goal, with government support for infrastructure and manufacturing. Incorrect
Solution: d)
Action Needed Description Greater Divestitures Privatize inefficient public enterprises to raise funds, improve productivity, and attract foreign investment. Boost Middle Class Cut taxes or replace income tax with a consumption tax to increase disposable income and simplify the tax system. Increase Labor Force Participation Invest in education and skill development; support initiatives like the New Education Policy and Skill India Mission. Accelerate Infrastructure Pipeline Invest in and speed up the execution of infrastructure projects, such as roads and power, to enhance connectivity and quality of life. Build on Manufacturing Momentum Enhance India’s role as a global manufacturing hub with initiatives like PLI; improve ease of doing business and labour laws. Boost Private Investment Attract more foreign and domestic investment through support for infrastructure and manufacturing projects. Implement Structural Reforms Undertake targeted reforms to improve productivity and competitiveness in sectors like finance, urban planning, and e-commerce. Increase Capital Accumulation Boost investment to achieve the USD 30 trillion economy goal, with government support for infrastructure and manufacturing. -
Question 5 of 10
5. Question
1 pointsThe Report titled ‘Strategy for the development of Seaweed Value Chain’ was published by
Correct
Solution: b)
Reports Description Niti Aayog: Strategy for the development of Seaweed Value Chain Recommendations: Form a National Steering Committee and include seaweed in Priority Sector Lending (PSL). Provide crop insurance and mobilize farmers through Self-Help Groups (SHGs) for Seaweeds. Establish seed banks, processing centres, and marketing centres. Incorrect
Solution: b)
Reports Description Niti Aayog: Strategy for the development of Seaweed Value Chain Recommendations: Form a National Steering Committee and include seaweed in Priority Sector Lending (PSL). Provide crop insurance and mobilize farmers through Self-Help Groups (SHGs) for Seaweeds. Establish seed banks, processing centres, and marketing centres. -
Question 6 of 10
6. Question
1 pointsConsider the following statements regarding Sea Weeds.
- It is the common name for countless species of marine plants and algae.
- Sea weeds does not grow in flowing waters like rivers and streams.
- Seaweed cultivation is not part of aquaculture in India.
How many of the above statements is/are correct?
Correct
Solution: a)
Only Statement 1 is correct.
Seaweeds are various types of marine plants and macroalgae found in water bodies like rivers and lakes. Seaweed cultivation is part of aquaculture, with the fishing and aquaculture sector contributing 1.5% to India’s GDP.
Seaweed is chock-full of vitamins, minerals, and fiber.
Incorrect
Solution: a)
Only Statement 1 is correct.
Seaweeds are various types of marine plants and macroalgae found in water bodies like rivers and lakes. Seaweed cultivation is part of aquaculture, with the fishing and aquaculture sector contributing 1.5% to India’s GDP.
Seaweed is chock-full of vitamins, minerals, and fiber.
-
Question 7 of 10
7. Question
1 pointsConsider the following statements regarding World Trade Statistics 2023 report.
- It is published by World Bank.
- According to the report, the top ten agricultural exporters account for more than 70% of global agricultural exports.
- India is among the top five agricultural exporters in the world.
How many of the above statements is/are correct?
Correct
Solution: a)
Only Statement 2 is correct.
World Trade Statistics 2023 The WTO’s “World Trade Statistics 2023” highlights the top five agricultural exporters as the EU, the US, Brazil, China, and Canada. The top ten exporters accounted for 71.9% of global agricultural exports. India ranked 8th, with exports worth $51 billion, making up 2.24% of the total agricultural exports in 2023. Incorrect
Solution: a)
Only Statement 2 is correct.
World Trade Statistics 2023 The WTO’s “World Trade Statistics 2023” highlights the top five agricultural exporters as the EU, the US, Brazil, China, and Canada. The top ten exporters accounted for 71.9% of global agricultural exports. India ranked 8th, with exports worth $51 billion, making up 2.24% of the total agricultural exports in 2023. -
Question 8 of 10
8. Question
1 pointsConsider the following statements regarding World Trade Organization (WTO).
- World Trade Organization (WTO) is a member-driven, consensus-based intergovernmental organisation.
- It officially began operations on January 1, 1995, in accordance with the 1994 Marrakesh Agreement.
- Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System.
How many of the above statements is/are incorrect?
Correct
Solution: d)
World Trade Organization (WTO) is a member-driven, consensus-based intergovernmental organisation that regulates and facilitates international trade between nations. It officially began operations on January 1, 1995, in accordance with the 1994 Marrakesh Agreement.
WTO’s Agreement on TRIPS promotes IP rights enforcement.
Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System.
Incorrect
Solution: d)
World Trade Organization (WTO) is a member-driven, consensus-based intergovernmental organisation that regulates and facilitates international trade between nations. It officially began operations on January 1, 1995, in accordance with the 1994 Marrakesh Agreement.
WTO’s Agreement on TRIPS promotes IP rights enforcement.
Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System.
-
Question 9 of 10
9. Question
1 pointsConsider the following statements regarding Global Alliance for Improved Nutrition.
- The Global Alliance for Improved Nutrition (GAIN) is a non-profit foundation based in Geneva, Switzerland.
- It collaborates with governments, businesses, and civil society to improve nutrition outcomes, particularly for vulnerable populations.
- GAIN has offices in all countries with high levels of malnutrition.
How many of the above statements is/are correct?
Correct
Solution: b)
Statement 3 is incorrect.
The Global Alliance for Improved Nutrition (GAIN) is a non-profit foundation based in Geneva, Switzerland. GAIN was developed during the UN 2002 Special Session of the General Assembly on Children.
It collaborates with governments, businesses, and civil society to improve nutrition outcomes, particularly for vulnerable populations.
GAIN has headquarters in Geneva, Switzerland, along with offices in countries with high levels of malnutrition: Bangladesh, Ethiopia, India, Indonesia, Kenya, Mozambique, Nigeria, Pakistan, and Tanzania.
Incorrect
Solution: b)
Statement 3 is incorrect.
The Global Alliance for Improved Nutrition (GAIN) is a non-profit foundation based in Geneva, Switzerland. GAIN was developed during the UN 2002 Special Session of the General Assembly on Children.
It collaborates with governments, businesses, and civil society to improve nutrition outcomes, particularly for vulnerable populations.
GAIN has headquarters in Geneva, Switzerland, along with offices in countries with high levels of malnutrition: Bangladesh, Ethiopia, India, Indonesia, Kenya, Mozambique, Nigeria, Pakistan, and Tanzania.
-
Question 10 of 10
10. Question
1 pointsConsider the following statements regarding Investment Models.
- In the BOT model, the private partner is responsible for designing and building the infrastructure project and then transferring back the facility to the public sector.
- In the EPC model, the cost is completely borne by the government, and government invites bids for engineering knowledge from the private players.
- In the Hybrid Annuity Model, generally the funding by the government will be higher than the private player.
How many of the above statements is/are correct?
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