Introducing QUED – Questions from Editorials (UPSC Editorials Quiz) , an innovative initiative from InsightsIAS. Considering the significant number of questions in previous UPSC Prelims from editorials, practicing MCQs from this perspective can provide an extra edge. While we cover important editorials separately in our Editorial Section and SECURE Initiative, adding QUED (UPSC Editorials Quiz) to your daily MCQ practice alongside Static Quiz, Current Affairs Quiz, and InstaDART can be crucial for better performance. We recommend utilizing this initiative to enhance your preparation, with 5 MCQs posted daily at 11 am from Monday to Saturday on our website under the QUIZ menu.
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Question 1 of 5
1. Question
What was the primary purpose of the Mansabdari system introduced by Akbar?
Correct
Solution: D
Mansabdari System: Military-administrative system assigning ranks (mansabs) to nobles, ensuring accountability and military efficiency.
Land Revenue System:
Zabt System: Standardized land revenue collection.
Land categorized into Polaj, Parauti, Chachar, and Banjar based on fertility.
Incorrect
Solution: D
Mansabdari System: Military-administrative system assigning ranks (mansabs) to nobles, ensuring accountability and military efficiency.
Land Revenue System:
Zabt System: Standardized land revenue collection.
Land categorized into Polaj, Parauti, Chachar, and Banjar based on fertility.
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Question 2 of 5
2. Question
What does an increase in the Real Effective Exchange Rate (REER) indicate for a country’s economy?
Correct
Solution: C
An increase in the Real Effective Exchange Rate (REER) indicates that a country’s currency has become overvalued relative to its trading partners, which impacts its trade dynamics. REER measures a currency’s value against a basket of other currencies, adjusted for inflation and trade weights. When REER rises, it means the domestic currency has appreciated in real terms, making the country’s goods and services more expensive in the global market.
This overvaluation negatively affects export competitiveness, as foreign buyers find domestic products less affordable. At the same time, it makes imports cheaper for domestic consumers, leading to a higher preference for foreign goods. Over time, this can worsen the trade balance by reducing export revenues and increasing import expenditure.
Incorrect
Solution: C
An increase in the Real Effective Exchange Rate (REER) indicates that a country’s currency has become overvalued relative to its trading partners, which impacts its trade dynamics. REER measures a currency’s value against a basket of other currencies, adjusted for inflation and trade weights. When REER rises, it means the domestic currency has appreciated in real terms, making the country’s goods and services more expensive in the global market.
This overvaluation negatively affects export competitiveness, as foreign buyers find domestic products less affordable. At the same time, it makes imports cheaper for domestic consumers, leading to a higher preference for foreign goods. Over time, this can worsen the trade balance by reducing export revenues and increasing import expenditure.
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Question 3 of 5
3. Question
Consider the following statements regarding Pandit Madan Mohan Malaviya:
- He presided over the Lahore Session of the INC in 1931.
- He coined the slogan “Inquilab Zindabad” during the Civil Disobedience Movement.
- He opposed the Non-Cooperation Movement led by Mahatma Gandhi.
How many of the above statements are correct?
Correct
Solution: D
About Pandit Madan Mohan Malaviya:
- Birth:Born on December 25, 1861, in Allahabad, Uttar Pradesh.
- Education:Studied at Muir Central College, Allahabad, graduating in 1884.
- Profession:Began as a teacher, later practiced law at Allahabad High Court, and transitioned to politics and social reform.
Contributions in Freedom Movement:
- President of INC:Presided over four sessions of the Indian National Congress (1909 – Lahore, 1913 – Delhi, 1919 – Amritsar, and 1932 – Calcutta).
- Played a pivotal role in Civil Disobedienceand Non-Cooperation Movements led by Mahatma Gandhi.
- Coined the slogan ‘Satyamev Jayate’ in the INC session of 1918.
Incorrect
Solution: D
About Pandit Madan Mohan Malaviya:
- Birth:Born on December 25, 1861, in Allahabad, Uttar Pradesh.
- Education:Studied at Muir Central College, Allahabad, graduating in 1884.
- Profession:Began as a teacher, later practiced law at Allahabad High Court, and transitioned to politics and social reform.
Contributions in Freedom Movement:
- President of INC:Presided over four sessions of the Indian National Congress (1909 – Lahore, 1913 – Delhi, 1919 – Amritsar, and 1932 – Calcutta).
- Played a pivotal role in Civil Disobedienceand Non-Cooperation Movements led by Mahatma Gandhi.
- Coined the slogan ‘Satyamev Jayate’ in the INC session of 1918.
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Question 4 of 5
4. Question
Which of the following factors directly influence Real Effective Exchange Rate (REER) calculations?
- Inflation differentials between countries
- Nominal bilateral exchange rates
- Trade weights of trading partners
- Capital flows
Select the correct answer using the code below:
Correct
Solution: D
REER is calculated using trade weights, nominal bilateral exchange rates, and inflation differentials. Capital flows, while important for currency value, do not directly influence REER. REER provides a more accurate picture of a country’s trade competitiveness compared to nominal exchange rates.
Incorrect
Solution: D
REER is calculated using trade weights, nominal bilateral exchange rates, and inflation differentials. Capital flows, while important for currency value, do not directly influence REER. REER provides a more accurate picture of a country’s trade competitiveness compared to nominal exchange rates.
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Question 5 of 5
5. Question
What was unique about the Belagavi Congress Session of 1924?
Correct
Solution: C
The Belagavi Congress Session of 1924 stands out as the only session presided over by Mahatma Gandhi in his political career. Unlike other sessions, this event emphasized the eradication of untouchability, promotion of khadi, sanitation drives, and Hindu-Muslim unity, alongside the pursuit of Swaraj.
Held in Belagavi (then Belgaum), the session also reflected Gandhi’s commitment to grassroots empowerment, demonstrated by restructuring Congress to make it more inclusive. He significantly reduced the membership fee, making the organization accessible to marginalized sections of society.
Incorrect
Solution: C
The Belagavi Congress Session of 1924 stands out as the only session presided over by Mahatma Gandhi in his political career. Unlike other sessions, this event emphasized the eradication of untouchability, promotion of khadi, sanitation drives, and Hindu-Muslim unity, alongside the pursuit of Swaraj.
Held in Belagavi (then Belgaum), the session also reflected Gandhi’s commitment to grassroots empowerment, demonstrated by restructuring Congress to make it more inclusive. He significantly reduced the membership fee, making the organization accessible to marginalized sections of society.
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