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Test: Current Affairs- 3 - UPSC MCQ


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50 Questions MCQ Test - Test: Current Affairs- 3

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Test: Current Affairs- 3 - Question 1

Consider the following statements.

  1. A company or business is said to be “over leveraged” if it has unsustainably high debt against its operating cash flows and equity.
  2. An over leveraged company would find it difficult to make interest and principal repayments to its creditors.
  3. An over leveraged company will always become bankrupt.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 1

Statement 3 is incorrect.

  • A company or business is said to be “over leveraged” if it has unsustainably high debt against its operating cash flows and equity. Such a company would find it difficult to make interest and principal repayments to its creditors, and may struggle to meet its operating expenses as well. In the latter case, the company may be forced to borrow even more just to keep going, and thus enter a vicious cycle. This situation can ultimately lead to the company going bankrupt.
Test: Current Affairs- 3 - Question 2

Consider the following statements.

  1. El Niño years in India have witnessed extreme heat and below normal rainfall levels during monsoon.
  2. La Nina years are known to favour India’s Northeast monsoon.
  3. Intense hurricanes and cyclones have frequently occurred in the Atlantic Ocean and the Bay of Bengal during La Nina years.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 2

Statement 2 is incorrect.

  • El Niño years in India have witnessed extreme heat and below normal rainfall levels during monsoon, even though El Niño might not be the only factor or even have direct links to them. In 2014, a El Niño year, India received 12 per cent deficient rainfall from June to September.
  • On the other hand, La Nina years are known to favour the Indian summer monsoon.
  • El Niño has been associated with rising heatwaves and extreme temperatures.
  • India’s Northeast monsoon rainfall remained subdued during past La Niña events, but the 2021 monsoon remains an exception in recent years.
  • Intense hurricanes and cyclones have frequently occurred in the Atlantic Ocean and the Bay of Bengal during La Nina years.
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Test: Current Affairs- 3 - Question 3

Consider the following statements.

  1. International Commission for Uniform Methods of Sugar Analysis (ICUMSA) is a measure of the purity of sugar based on colour.
  2. The higher the value of ICUMSA, the more the whiteness of Sugar.
  3. Refined white sugar is what mills produce after the first crystallisation of juice obtained from crushing of cane.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 3

Only Statement 1 is correct.

  • Raw sugar is what mills produce after the first crystallisation of juice obtained from crushing of cane. This sugar is rough and brownish in colour, with an ICUMSA value of 600-1,200 or higher. ICUMSA, short for the International Commission for Uniform Methods of Sugar Analysis, is a measure of the purity of sugar based on colour. The lower the value, the more the whiteness.
  • Raw sugar is processed in refineries for removal of impurities and de-colourisation. The end product is refined white cane sugar having a standard ICUMSA value of 45. The sugar used by industries such as pharmaceuticals has ICUMSA of less than 20.
Test: Current Affairs- 3 - Question 4

Which of the following are the sources of arsenic contamination?

  1. Intense exploitation of groundwater
  2. Weathering of rocks and minerals followed by leaching and runoff
  3. Iron coprecipitation
  4. Burning of coal

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 4

Statement 3 is incorrect.

  • The sources of arsenic are natural or may partly stem from anthropogenic activities like intense exploitation of groundwater, application of fertilizers, burning of coal and leaching of metals from coal-ash tailings.
  • Arsenic is introduced into soil and groundwater during weathering of rocks and minerals followed by subsequent leaching and runoff.
  • Among the various arsenic removal technologies, lime softening and iron coprecipitation have been reported to be the most effective.
Test: Current Affairs- 3 - Question 5

Consider the following statements regarding Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund.

  1. It is a social impact fund specifically formed for completing stressed and stalled residential projects.
  2. The Fund is sponsored by Ministry of Housing and Urban Affairs(MoHUA).
  3. The Fund considers first-time developers, established developers with troubled projects and even projects where there are litigation issues.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 5

Statement 2 is incorrect.

  • The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I is a social impact fund specifically formed for completing stressed and stalled residential projects.
  • The Fund is sponsored by the Ministry of Finance, Government of India, and is managed by SBICAP Ventures Ltd., a State Bank Group company.
  • Since the Fund considers first-time developers, established developers with troubled projects, developers with a poor track record of stalled projects, customer complaints and NPA accounts, and even projects where there are litigation issues, it is considered as the lender of last resort for distressed projects. The Fund’s presence in a project often acts as a catalyst for better collections and sales primarily in projects that were delayed for years.
Test: Current Affairs- 3 - Question 6

Consider the following statements regarding Rashtriya Vigyan Puraskar.

  1. Rashtriya Vigyan Puraskar aim to acknowledge exceptional contributions made by technologists and innovators, whether individually or in teams, across various domains of science and technology.
  2. It is not open to individuals working in government sector.
  3. People of Indian Origin residing abroad whose contributions have benefited Indian society are eligible for the award.
  4. It recognizes lifetime achievements and contributions in any field of science and technology.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 6

Statement 2 is incorrect.

  • The Government of India has introduced a new set of National Awards in the field of Science, Technology, and Innovation called “Rashtriya Vigyan Puraskar.”
  • These awards aim to acknowledge exceptional contributions made by scientists, technologists, and innovators, whether individually or in teams, across various domains of science and technology.
  • It is open to individuals working in government, private sector organizations, or independently, as well as to People of Indian Origin residing abroad whose contributions have benefited Indian society.

These awards are categorized as follows:

  • Vigyan Ratna (VR) award: Recognizing lifetime achievements and contributions in any field of science and technology.
  • Vigyan Shri (VS) award: Acknowledging distinguished contributions in any field of science and technology.
  • Vigyan Yuva-Shanti Swarup Bhatnagar (VY-SSB) award: Encouraging young scientists under the age of 45 who have made exceptional contributions in any field of science and technology.
  • Vigyan Team (VT) award: Presented to teams comprising three or more scientists, researchers, or innovators who have made exceptional contributions while working collaboratively in any field of science and technology.

The Rashtriya Vigyan Puraskar covers 13 domains, including Physics, Chemistry, Biological Sciences, Mathematics & Computer Science, Earth Science, Medicine, Engineering Sciences, Agricultural Science, Environmental Science, Technology & Innovation, Atomic Energy, Space Science and Technology, and Others.

Test: Current Affairs- 3 - Question 7

Consider the following statements regarding BASEL-III Norms.

  1. Basel-III norms were adopted by financial regulators to improve the banking sector’s ability to absorb shocks arising from financial and economic stress.
  2. It was developed by International Monetary Fund (IMF) in the aftermath of the financial crisis of 2007-08.
  3. It mandates banks to maintain a Capital to Risk-weighted Assets (CRAR) of at least 25%.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 7

Only Statement 1 is correct.

  • Basel-III norms were adopted by financial regulators to improve the banking sector’s ability to absorb shocks arising from financial and economic stress.
  • It was developed by the Basel Committee on Banking Supervision in the aftermath of the financial crisis of 2007-08. It mandates banks to maintain a CAR or Capital to Risk-weighted Assets (CRAR) of at least 8%.

CRAR is a ratio that compares the value of a bank’s capital (or net worth) against the value of its various assets weighted according to risk.

Test: Current Affairs- 3 - Question 8

Which of the following All India Financial Institutions (AIFIs) are under RBI regulation?

  1. Export-Import Bank of India (EXIM Bank)
  2. National Bank for Agriculture and Rural Development (Nabard)
  3. National Bank for Financing Infrastructure and Development (NaBFID)
  4. National Housing Bank (NHB)
  5. Small Industries Development Bank of India (SIDBI)

How many of the above options is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 8

The Reserve Bank of India (RBI) has introduced new norms based on the Basel III capital framework for All India Financial Institutions (AIFIs), which will take effect from April 2024.

India has five AIFIs under RBI regulation: Export-Import Bank of India (EXIM Bank), National Bank for Agriculture and Rural Development (Nabard), National Bank for Financing Infrastructure and Development (NaBFID), National Housing Bank (NHB), and Small Industries Development Bank of India (SIDBI).

The key provisions of the new norms are as follows:

  • Capital Adequacy: AIFIs will be required to maintain a minimum total capital of 9 per cent by April 2024. This includes a minimum tier-I capital of 7 percent and common equity tier-I (CET-1) capital of 5.5 percent.
  • Consolidation of Financial Subsidiaries: All financial subsidiaries, except those involved in insurance and non-financial activities (both regulated and unregulated), must be fully consolidated for the purpose of capital adequacy.
  • Investment Caps: The RBI has imposed limits on AIFIs’ investments in capital instruments of banking, financial, and insurance entities, capping them at 10 percent of their capital funds.
  • Equity Investment Limits: AIFIs’ equity investment in a single entity cannot exceed 49 percent of the equity of the investee.
  • Capital Planning and Risk Management: AIFIs are advised to focus on effective and efficient capital planning and long-term capital maintenance.
Test: Current Affairs- 3 - Question 9

The Reserve Bank of India (RBI) considers which of the following situations as Wilful Default?

  1. Borrower fails to meet repayment obligations despite having the capacity to do so
  2. Diverting the loan for purposes other than its intended use
  3. Disposing of assets securing a term loan without informing the lender

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 9

The RBI defines a wilful default as a situation where a borrower fails to meet repayment obligations despite having the capacity to do so, diverting the loan for purposes other than its intended use, siphoning off funds that are no longer available in other forms, or disposing of assets securing a term loan without informing the lender.

Test: Current Affairs- 3 - Question 10

Consider the following statements regarding Perovskite solar cells.

  1. Perovskite solar cells are cheaper, lighter, and more efficient than traditional silicon-based cells.
  2. These solar cells overcome the challenges of degradation during operation, making them suitable for large-scale commercialization.
  3. They face stability issues when exposed to heat, moisture, and other environmental factors.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 10
  • Perovskite solar cells are cheaper, lighter, and more efficient than traditional silicon-based cells.
  • These solar cells overcome the challenges of degradation during operation, making them suitable for large-scale commercialization.
  • Perovskite solar cells (PSCs) face stability issues when exposed to heat, moisture, and other environmental factors.
Test: Current Affairs- 3 - Question 11

Consider the following statements regarding Carnelian beads.

  1. Carnelian beads are mainly found in north-eastern region of India.
  2. Carnelian is a reddish-brown to orange varietyof chalcedony, a type of microcrystalline quartz.
  3. They have been used for jewellery and ornamental purposes for centuries.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 11

Statement 1 is incorrect.

  • Excavations in Keeladi have uncovered two carnelian beads, reaffirming the historical trade connections between Tamil Nadu and the western regions of India, specifically Maharashtra and Gujarat.
  • These carnelian beads, normally found in Gujarat and Maharashtra, were discovered within an urn at a burial site in Konthagai during the excavation.
  • Last year, 74 carnelian beads were also unearthed in the same area, further highlighting the trade links between Tamil Nadu and western India.
  • Carnelian beads are small decorative objects made from carnelian gemstones. Carnelian is a reddish-brown to orange variety of chalcedony, a type of microcrystalline quartz. These beads are prized for their vibrant colours and have been used for jewellery and ornamental purposes for centuries.
Test: Current Affairs- 3 - Question 12

Consider the following statements regarding Five Eyes Alliance.

  1. The Five Eyes Alliance refers to an intelligence-sharing partnershipamong five countries.
  2. The alliance traces its origins back to World War II.
  3. India and United States are part of the alliance.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 12

Statement 3 is incorrect.

  • Five Eyes Alliance: The Five Eyes Alliance refers to an intelligence-sharing partnership among five countries: the United States, the United Kingdom, Australia, Canada, and New Zealand.
  • These nations collaborate closely on intelligence matters, sharing information to protect their shared national interests.
  • Origins of the Alliance: The alliance traces its origins back to World War II when the UK and the US decided to share intelligence after successfully breaking German and Japanese codes.
Test: Current Affairs- 3 - Question 13

Which of the following can aid furthering the government’s objective of Financial Inclusion?

  1. Disbursal of interest free loans to economically weaker section
  2. Promoting savings by opening zero balance bank account.
  3. Affordable payment and remittance services
  4. Financial advice to the disadvantaged groups

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 13

Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way.

Test: Current Affairs- 3 - Question 14

Dvorak technique, recently seen in news is related to 

Detailed Solution for Test: Current Affairs- 3 - Question 14
  • Dvorak was an American meteorologist best credited for developing the Dvorak (read as Do-rak) technique in the early 1970s. The technique has been upgraded multiple times since then.
  • The updated technique, would improve the tropical storm forecasts by many folds as they would have access to sharper and detailed images than ever before.
  • The Dvorak technique was a cloud pattern recognition technique based on a concept model of the development and decay of the tropical cyclone.
  • From the satellite images thus obtained, the Dvorak technique helps forecasters to do a pattern recognition from the observed structure of the storm, locate its eye and estimate the intensity of the storm.
  • It is the Dvorak technique which gives the best estimates of the cyclone intensity — a vital component while issuing weather warnings.
Test: Current Affairs- 3 - Question 15

The hydrogen bomb and Uranium bomb are based respectively on 

Detailed Solution for Test: Current Affairs- 3 - Question 15
  • All existing nuclear weapons derive some of their explosive energy from nuclear fission reactions. Weapons whose explosive output is exclusively from fission reactions are commonly referred to as atomic bombs or atom bombs. In fission weapons, a mass of fissile material (enriched uranium or plutonium) is forced into supercriticality—allowing an exponential growth of nuclear chain reaction.
  • Fusion weapons are generally referred to as thermonuclear weapons or more colloquially as hydrogen bombs (abbreviated as H-bombs), as they rely on fusion reactions between isotopes of hydrogen (deuterium and tritium).
Test: Current Affairs- 3 - Question 16

The newly designated Veerangana Durgavati Tiger Reserve is located in 

Detailed Solution for Test: Current Affairs- 3 - Question 16
  • Madhya Pradesh, known as the “tiger state” of India due to its substantial tiger population, has officially designated a new protected area for these magnificent creatures called the ‘Veerangana Durgavati Tiger Reserve.’
  • This newly established reserve becomes the seventh tiger reserve in the state.
  • Madhya Pradesh has consistently held the title of the “tiger state,” with its tiger population increasing from 526 in 2018 to 785 in the 2022 census.
  • The Veerangana Durgavati Tiger Reserve incorporates the previously recognized eco-sensitive zone of Nauradehi and Veerangana Durgavati sanctuaries, along with surrounding forest areas, into the buffer zone.
Test: Current Affairs- 3 - Question 17

The exercise “YUDH ABHYAS” is a collaborative effort between the armies of 

Detailed Solution for Test: Current Affairs- 3 - Question 17
  • This annual exercise is a collaborative effort between the Indian Army and the United States Army.
  • The theme of “EXERCISE YUDH ABHYAS-23” centres on the ‘Employment of an Integrated Battle Group in Mountain/Extreme Climatic Conditions,’ following Chapter VII of the United Nations mandate.
Test: Current Affairs- 3 - Question 18

Regenerative agriculture is a farming approach that emphasizes on

  1. Crop diversification
  2. Conservation tillage
  3. Soil cover with cover crops
  4. Integration of livestock

How many of the above options is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 18

Regenerative agriculture is a holistic farming approach that focuses on improving soil health, biodiversity, and sustainability by minimizing soil disturbance, diversifying crops, using cover crops, and integrating livestock. It aims to enhance resources rather than deplete them, by adhering to principles such as conservation tillage, crop diversification, soil cover with cover crops, and integration of livestock.

Test: Current Affairs- 3 - Question 19

Consider the following statements regarding Rhinos.

  1. Indian Rhinos are Asia’s largest species of Rhino.
  2. In India they are found only in Assam and West Bengal.
  3. In 2022 Assam recorded zero poaching of Rhinoceros for the 1st time in nearly 40 years.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 19

Test: Current Affairs- 3 - Question 20

Consider the following statements regarding International Coffee Organization (ICO).

  1. International Coffee Organization (ICO) is a United Nations body that aims to strengthen the coffee sector and promote sustainable growth for the Global Coffee Value Chain.
  2. It is the sole intergovernmental coffee organization, uniting exporting and importing governments.
  3. The World Coffee Conference (WCC) is organised annually in India by the International Coffee Organization (ICO).

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 20

Statement 3 is incorrect.

  • The 5th World Coffee Conference (WCC) was held in Bengaluru, and organized by the International Coffee Organization (ICO), a UN body focused on highlighting the economic importance of coffee.
  • It is being held for the first time in an Asian coffee-producing country.
  • ICO (established in 1963, under the UN; HQ: London) serves as the only intergovernmental organization for coffee. It administers the International Coffee Agreement (ICA), an important instrument for development cooperation. Aims to strengthen the coffee sector and promote sustainable growth for the Global Coffee Value Chain (G-CVC). It is the sole intergovernmental coffee organization, uniting exporting and importing governments. It has 43 exporting members (including India) and 6 importing members.
Test: Current Affairs- 3 - Question 21

Consider the following statements.

  1. The GOBARdhan initiative, a multi-ministerial effort, aims to transform cattle dung, agricultural residues, and biomass, into valuable resources like biogas and organic manure.
  2. The GOBARdhan initiative promotes the use of bio-slurry to improve soil health, carbon content, and water retention.
  3. The Market Development Assistance (MDA) scheme, launched by the Department of Drinking Water and Sanitation aims to promote theadoption of organic fertilizers.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 21

Statement 3 is incorrect.

  • The GOBARdhan initiative, a multi-ministerial effort, aims to transform organic waste, including cattle dung, agricultural residues, and biomass, into valuable resources like biogas, CBG, and organic manure. This initiative supports high-value Biogas/CBG production and promotes the use of bio-slurry to improve soil health, carbon content, and water retention.
  • The Market Development Assistance (MDA) scheme, launched by the Department of Fertilizers aims to promote the production and adoption of organic fertilizers generated from GOBARdhan plants. It seeks to encourage sustainable/organic agricultural practices, reduce reliance on chemical fertilizers, and boost the use of bio-slurry in agriculture.
Test: Current Affairs- 3 - Question 22

Consider the following statements.

  1. The Bureau of Indian Standards (BIS) does not deal with developing standards on biofuels.
  2. The G7 leaders launched the Global Biofuel Alliance (GBA) that aims to facilitate the adoption of biofuels worldwide.
  3. India, USA, and Brazil are the major producersand consumers of biofuels globally.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 22

Only Statement 3 is correct.

  • The Bureau of Indian Standards (BIS) has announced that Indian standards on biofuels will significantly support the objectives of the Global Biofuel Alliance (GBA).
  • BIS has developed nine Indian standards on biofuels, including specifications for anhydrous ethanol, biodiesel, biogas, biodiesel-diesel fuel blends, hydrous ethanol, E85 fuel, E20 fuel, aviation turbine fuel containing synthesized hydrocarbons, and ethanol as a fuel for spark-ignition engine-powered vehicles.
  • Additionally, BIS is working on a standard for paraffinic (green) diesel derived from 2G feedstock.
  • The G20 leaders launched the GBA during the 18th G20 Summit in New Delhi, and it aims to facilitate the adoption of biofuels worldwide. India, the USA, and Brazil are major producers and consumers of biofuels, contributing significantly to the global ethanol market.
Test: Current Affairs- 3 - Question 23

Consider the following statements.

  1. The Kole wetland is located in Kerala.
  2. The Kole wetland isan internationally important Ramsar site known for its high biodiversity.
  3. Cabomba furcuta also known as Pink Bloom is an invasive alien plant species, causing threat toKole wetland.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 23

The Kole wetlands in Kerala, an internationally important Ramsar site known for its high biodiversity, are facing a new threat from an invasive alien plant species called Cabomba furcuta, also known as Pink Bloom.

This species, originating from Central and South America, has been introduced to Kerala as an aquarium plant and has now become a menace to the Kole fields, alongside existing threats like water hyacinth and Salvinia molesta.

Test: Current Affairs- 3 - Question 24

Consider the following statements regarding Foreign Contribution Regulation Act.

  1. FCRA was enacted during the Emergency in 1976.
  2. The law allows foreign donations to only associations and not to individuals.
  3. NGOs and associations registered to receive foreign contributions must declaredetails of movable and immovable assets created using those contributions.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 24

Statement 2 is incorrect.

  • Under the Foreign Contribution Regulation Act (FCRA), NGOs and associations registered to receive foreign contributions must now annually declare details of movable and immovable assets created using those contributions.
  • FCRA was enacted during the Emergency in 1976 amid apprehensions that foreign powers were interfering in India’s affairs by pumping money into the country through independent organisations.
  • The law sought to regulate foreign donations to individuals and associations so that they functioned in a manner consistent with the values of a sovereign democratic republic.
Test: Current Affairs- 3 - Question 25

Consider the following statements.

  1. It requires both renewable electricity and deionized water to produce green hydrogen.
  2. Council of Scientific & Industrial Research (CSIR) introduced India’s first green hydrogen-powered bus.
  3. Green hydrogen-powered bus emits only water vapour as its by-product.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 25

Statement 2 is incorrect.

  • Indian Oil Corporation (IOC) has introduced India’s first green hydrogen-powered bus, which emits only water vapour as its by-product.
  • Green hydrogen is an environmentally friendly option as it only emits water vapour when burned and has three times the energy density of other fuels. It requires 50 units of renewable electricity and 9 kg of deionized water to produce one kilogram of green hydrogen.
Test: Current Affairs- 3 - Question 26

Consider the following statements.

  1. When the value of the currency is made cheaper by the central bank it is called devaluation of the currency, and when the market forces bring down the value of the currency due to falling demand it is called depreciation of the currency.
  2. In the Balance of Payments, the movements of money without exchange for goods or services and charities are part of Capital account.

Which of the above statements is/are incorrect?

Detailed Solution for Test: Current Affairs- 3 - Question 26
  • Exchange rate of a currency may be fixed by a central bank or left to the market forces of demand and supply. When the value is changed by the central bank it is called devaluation. If market forces bring down the value due to demand falling behind supply of the currency, it leads to depreciation.
  • In the Balance of Payments, the movements of money without exchange for goods or services called ‘remittances’ and charities are part of Current account.
Test: Current Affairs- 3 - Question 27

The Astana Declaration of 2018 is related to 

Detailed Solution for Test: Current Affairs- 3 - Question 27

In October 2018, 120 UN member countries signed the Astana Declaration, vowing to strengthen primary healthcare and achieve universal health coverage by 2030. This is the second time the world took this pledge. In 1978, 134 nations signed the Alma-Ata Declaration with the same pledge. Though Alma-Ata was signed to ensure health for all, its progress was uneven, with several countries missing out on several indicators set under the declaration.

Test: Current Affairs- 3 - Question 28

Consider the following statements.

  1. Strait of Gibraltar can be accessed through a narrow passage via Ukraine.
  2. Romania, Poland and Belarus share land boundary with Ukraine.
  3. Ukraine is bordered by both Black Sea and Mediterranean Sea.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 28

Test: Current Affairs- 3 - Question 29

Consider the following statements.

  1. It is the ore which is used in manufacturing of aluminium.
  2. It is mainly in tertiary deposits and is associated with laterite rocks.
  3. It also occurs in the coastal tracts of India.

The above statements refer to

Detailed Solution for Test: Current Affairs- 3 - Question 29

Bauxite is the ore which is used in manufacturing of aluminium. Bauxite is found mainly in tertiary deposits and is associated with laterite rocks occurring extensively either on the plateau or hill ranges of peninsular India and also in the coastal tracts of the country. Odisha happens to be the largest producer of Bauxite.

Test: Current Affairs- 3 - Question 30

Which of the following provisions is/are part of Fundamental Rights under the Constitution of India?

  1. Any section of the citizens residing in India having a distinct culture, language and script have the right to conserve their culture and language.
  2. No citizen shall be denied admission into any educational institution maintained by the State on grounds only of religion, race, caste, language or any of them.

Select the correct answer code:

Detailed Solution for Test: Current Affairs- 3 - Question 30

Article 29: Protection of interests of minorities
(1) Any section of the citizens residing in the territory of India or any part thereof having a distinct language, script or culture of its own shall have the right to conserve the same
(2) No citizen shall be denied admission into any educational institution maintained by the State or receiving aid out of State funds on grounds only of religion, race, caste, language or any of them.

Test: Current Affairs- 3 - Question 31

Consider the following statements.

  1. In a parliamentary form of democracy, the real power vests with the elected representatives of the people.
  2. The Governor, as an appointee of the President, is a titular head of the State.
  3. The Governor acts on the aid and advice of the Council of Ministers save in areas where the Constitution gives him discretion.
  4. The power to take decisions affecting the governance of the State or the nation is essentially entrusted to the elected arm of the state.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 31

Real power vests with the elected representatives of the people in a parliamentary form of democracy. The Governor, as an appointee of the President, is a titular head of the State. The Governor acts on the aid and advice of the Council of Ministers save in areas where the Constitution gives him discretion. The power to take decisions affecting the governance of the State or the nation is essentially entrusted to the elected arm of the state. 

Test: Current Affairs- 3 - Question 32

The Valmiki Tiger Reserve and Kaimur Wildlife Sanctuary is located in 

Detailed Solution for Test: Current Affairs- 3 - Question 32

Bihar is getting its second tiger reserve in Kaimur (Kaimur Wildlife Sanctuary), expected to be established by the end of 2023 or early 2024. The need for a second reserve arose as the Valmiki Tiger Reserve (Bihar’s 1st tiger reserve) reached its capacity to manage tigers.

Test: Current Affairs- 3 - Question 33

The Foreign Contribution Regulation Act (FCRA) requires every person or NGO seeking to receive foreign donations to be

  1. Registered under the Act
  2. Open a bank account for the receipt of the foreign funds in Reserve Bank of India, Delhi
  3. Utilise those funds only for the purpose for which they have been received and as stipulated in the Act.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 33

Statement 2 is incorrect.

FCRA was enacted during the Emergency in 1976 amid apprehensions that foreign powers were interfering in India’s affairs by pumping money into the country through independent organisations.

The law sought to regulate foreign donations to individuals and associations so that they functioned “in a manner consistent with the values of a sovereign democratic republic”.

Broadly, the FCRA requires every person or NGO seeking to receive foreign donations to be (i) registered under the Act, (ii) to open a bank account for the receipt of the foreign funds in State Bank of India, Delhi, and (iii) to utilise those funds only for the purpose for which they have been received and as stipulated in the Act.

Test: Current Affairs- 3 - Question 34

Consider the following statements regarding Esports.

  1. Esports refers to organized competitive video gaming.
  2. Esports was officially debuted at the Asian Games 2023.
  3. It involves only individual games and not team games.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 34

Statement 3 is incorrect.

  • Esports officially debuted as an official event at the Asian Games 2023 (in Hangzhou, China), featuring seven top titles, including League of Legends, and involving teams from over 30 countries.
  • The competition included both PC and mobile games, covering multiplayer online battle arena (MOBA) and single-player genres. Gold medals were awarded for each game.
  • Esports, short for electronic sports, refers to organized competitive video gamingIt involves individuals or teams competing in various video games at a professional level, often in tournaments with significant prizes.
Test: Current Affairs- 3 - Question 35

RBI has around $530 billion of Forex reserves. It is acquired by the RBI for which of the following reasons

  1. To enjoy favourable credit rating
  2. To import essentials for economic and social security
  3. To deter speculations
  4. To gain external account security
  5. To defend the rupee when needed

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 35

India’s foreign exchange (Forex) reserves stand at around $578 billion. It is acquired by the RBI for the following reasons:

  • To defend the rupee when needed
  • To gain external account security
  • To enable country to globalise further
  • To import essentials for economic and social security
  • To deter speculations
  • To enjoy favourable rating by sovereign credit rating agencies.
Test: Current Affairs- 3 - Question 36

Consider the following statements.

  1. Natural causes that trigger landslide include heavy rainfall, earthquakes, overgrazing by cattle and undercutting of slopes due to flooding.
  2. Landslide Atlas of India was recently released by India Meteorological Department.
  3. In India, ResourceSat-1 and 2 satellites were used to study the landslides over the past 25 years.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 36

Only Statement 3 is correct.

  • Indian Space Research Organisation (ISRO) recently released the Landslide Atlas of India, a detailed guide identifying landslide hotspots in the country.
  • Landslides are natural disasters occurring mainly in mountainous terrains where there are conducive conditions of soil, rock, geology and slope. A sudden movement of rock, boulders, earth or debris down a slope is termed as a landslide. Natural causes that trigger it include heavy rainfall, earthquakes, snowmelting and undercutting of slopes due to flooding.
  • Landslides can also be caused by anthropogenic activities such as excavation, cutting of hills and trees, excessive infrastructure development, and overgrazing by cattle.
  • Landslides are broadly classified based on the type of materials involved (rock, debris, soil, loose mud), type of movement of the material (fall, topple, slide, rotational slide or translational slide), and type of flow of the material. Another category is of landslides that spread laterally.
  • ISRO’s National Remote Sensing Centre (NRSC), Hyderabad, has created a database of landslide-prone regions of India based on events during 1998 – 2022, primarily along the Himalayas and the Western Ghats. In addition to aerial images, high resolution satellite images captured using cameras Indian Remote Sensing (IRS-1D) PAN + LISS-III, satellites ResourceSat-1 and 2, etc., were used to study the landslides over the past 25 years. 
Test: Current Affairs- 3 - Question 37

Consider the following statements regarding CRISPR technology.

  1. CRISPR technology mainly involve the introduction of a new gene from outside.
  2. A special protein called Cas9 is used to break the DNA strand at specific points, and remove the bad sequence.

Which of the above statements is/are incorrect?

Detailed Solution for Test: Current Affairs- 3 - Question 37
  • CRISPR is short for Clustered Regularly Interspaced Short Palindromic Repeats, which is a reference to the clustered and repetitive sequences of DNA found in bacteria, whose natural mechanism to fight some viral diseases is replicated in this gene-editing tool.
  • It is simple, and still far more accurate — and it does not involve the introduction of any new gene from the outside. A bad stretch in the DNA sequence, which is the cause of disease or disorder, is located, cut, and removed — and then replaced with a ‘correct’ sequence. And the tools used to achieve this are not mechanical, but biochemical — specific protein and RNA molecules.
  • The technology replicates a natural defence mechanism in some bacteria that uses a similar method to protect itself from virus attacks.
  • The first task is to identify the particular sequence of genes that is the cause of the trouble. Once that is done, an RNA molecule is programmed to locate this sequence on the DNA strand, just like the ‘find’ or ‘search’ function on a computer. After this, a special protein called Cas9, which is often described as ‘genetic scissors’, is used to break the DNA strand at specific points, and remove the bad sequence.
  • A DNA strand, when broken, has a natural tendency to re-attach and heal itself. But if the auto-repair mechanism is allowed to continue, the bad sequence can regrow. So, scientists intervene during the auto-repair process by supplying the correct sequence of genetic codes, which attaches to the broken DNA strand.
Test: Current Affairs- 3 - Question 38

Consider the following statements.

  1. Panthera is the genus of large wild cats that include lion, leopard, and jaguar.
  2. Tiger is the largest of all wild cats.
  3. India is the only country having Tiger as its national animal.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 38

Statement 3 is incorrect.

Panthera:

  • This is the genus of large wild cats that can roar. Among them, the lion, the leopard, and the jaguar are more closely related, while the other strand has the tiger and the snow leopard. The snow leopard is an exception to the rest of the group in that it can’t roar.
  • Tiger is the largest of all wild cats and also the earliest Panthera member to exist. Primarily a forest animal, they range from the Siberian taiga to the Sunderban delta. The national animal of India, Bangladesh, Malaysia, and South Korea, the tiger was voted the world’s favourite animal ahead of the dog in a 2004 Animal Planet global online poll.
Test: Current Affairs- 3 - Question 39

Consider the f ollowing statements.

  1. Under Pradhan Mantri TB Mukt Bharat Abhiyaan, India aims at eliminating TB by 2025.
  2. National TB Elimination Programme (NTEP) covers TB patients from both the public and the private sector.
  3. Nikshay Mitra is a government project that enables people to adopt tuberculosis patients and take care of their nutritional and medical requirements.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 39
  • The Health Ministry’s unique “adopt a TB-patient” (Ni-kshay Mitras) initiative — probably the only one-of-its-kind in the world.
  • The programme was brought in to fill the critical “community’’ elements into India’s fight towards the Pradhan Mantri TB Mukt Bharat Abhiyaan aimed at eliminating TB by 2025.
  • Ni-kshay Mitra (Donor) for this programme includes co-operative societies, corporates, elected representatives, individuals, institutions, non-governmental organisations, political parties and partners who can support by adopting the health facilities (for individual donor), blocks/urban wards/districts/States for accelerating the response against TB to complement the government efforts, as per the district-specific requirements in coordination with the district administration.
  • Free diagnostics, free drugs and Ni-kshay Poshan Yojana provided by the National TB Elimination Programme (NTEP) to all the TB patients notified from both the public and the private sector.
Test: Current Affairs- 3 - Question 40

Consider the following statements regarding Sarna Religion.

  1. The Sarna religion is a nature-worshipping faith.
  2. The Sarna religion is practised by a majority of the tribal community in Jharkhand.
  3. Sarhul festival is the New Year festival, celebrated as part of the Sarna religion.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 40
  • The Jharkhand Chief Minister has written to the Prime Minister, urging the recognition of the ‘Sarna’ religious code for tribal communities in the state.
  • The request for the Sarna code as a separate religious code in the next Census has been a long-standing demand of tribal groups, and the Jharkhand Assembly passed a resolution for the ‘Sarna’ code on November 11, 2021.
  • The Sarna religion is a nature-worshipping faith that is also known as “Sarna Dharma” or “Religion of the Holy Woods”. Followers of the Sarna religion pray to trees and hills and believe in protecting forest areas. Their holy grail is “Jal (water), Jungle (forest), Zameen (land)”.
  • The Sarna religion is practised by a majority of the tribal community in Jharkhand. The tribal community celebrates the Sarhul festival, which is the New Year festival, as part of the Sarna religion. 
Test: Current Affairs- 3 - Question 41

Consider the following statements regarding Human Immunodeficiency Virus (HIV).

  1. HIV is an infection that attacks the immune system by producing more white blood cells called CD4 cells.
  2. Typically, the time between HIV transmission and AIDS diagnosis is 10-15 years, although it may occur sooner.
  3. HIV does not spread through breastmilk from an infected mother to child.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 41

Only Statement 2 is correct.

  • Human immunodeficiency virus or HIV is an infection that attacks the immune system by destroying the body’s immune cells called CD4, which help it respond to infection.
  • Once HIV attacks the CD4 cells, it starts replicating and destroying the cells, weakening the body’s immune system and making it more prone to certain “opportunistic infections” that take advantage of the weak immune system.
  • Bodily fluids such as blood, semen, vaginal fluids, rectal fluids and breastmilk can be carriers for HIV.
  • It can be transmitted through unprotected sex, transfusion of contaminated blood, sharing needles and syringes, and from a mother with HIV to her infant during pregnancy.
  • Typically, the time between HIV transmission and AIDS diagnosis is 10-15 years, although it may occur sooner.
Test: Current Affairs- 3 - Question 42

Consider the following statements regarding Sundarbans.

  1. Sundarbans is a mangrove areain the delta formed by the confluence of the Ganges, Brahmaputra and Meghna Rivers in the Bay of Bengal.
  2. Sundarban Reserve Forest of Bangladesh is the largest mangrove forest in the world.
  3. It is the only mangrove forest in the world inhabited by tigers.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 42
  • Sundarbans is a mangrove area in the delta formed by the confluence of the Ganges, Brahmaputra and Meghna Rivers in the Bay of Bengal.
  • Sundarban Reserve Forest of Bangladesh is the largest mangrove forest in the world.
  • It contains Sundarbans Tiger Reserve, Sundarban Wetland, Sundarbans National Park and Biosphere Reserve.
  • It is the only mangrove forest in the world inhabited by tigers
Test: Current Affairs- 3 - Question 43

Consider the following statements.

  1. A qubit is the basic unit of information in quantum computing
  2. Quantum computing utilizes quantum mechanicsto solve complex problems faster than classical computers.
  3. Fluxonium is a new type of superconducting qubitthat can perform operations between qubits with greater accuracy, but has a shorter lifespan than traditional superconducting qubits.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 43

Statement 3 is incorrect.

  • Researchers at MIT have made significant progress in developing a novel superconducting qubit architecture that can perform operations between qubits with much greater accuracy than previously achieved.
  • They used a relatively new type of superconducting qubit called fluxonium, which has a longer lifespan than traditional superconducting qubits.
  • Fluxonium is a type of qubit (quantum bit) that is based on operations at important junctions in a superconducting circuit.
  • Quantum computing is a multidisciplinary field that utilizes quantum mechanics to solve complex problems faster than classical computers. A qubit is the basic unit of information in quantum computing
Test: Current Affairs- 3 - Question 44

Consider the following pairs.

  1. Green Ammonia: Made from sustainable electricity and water
  2. Brown Ammonia: Made from a fossil fuel with carbon capture
  3. Blue Ammonia: Made without using any fossil fuel

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 44

Only Statement 1 is correct.

Test: Current Affairs- 3 - Question 45

Consider the following statements regarding Cauvery River.

  1. Cauvery River is the largest river in southern India.
  2. It is the largestriver in the state of Tamil Nadu.
  3. It originates in Karnataka and drains into the Bay of Bengal.
  4. Hemavathi, Shimsa, and Harangi are the right bank tributaries of Cauvery River.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 45

Statement 2 and 3 is correct.

About Cauvery River

  • It is the third largest river – after Godavari and Krishna – in southern India, and the largest in the state of Tamil Nadu, known as ‘Ponni’ in Tamil. Originates in Karnataka (Talakaveri in the Brahmagiri range in the Western Ghats, Kodagu district) and eventually drains into the Bay of Bengal. Its left bank tributaries include Arkavathi, Hemavathi, Shimsa, and Harangi, while right bank tributaries consist of Lakshmantirtha, Suvarnavati, Noyil, Bhavani, Kabini, and Amaravathi.
Test: Current Affairs- 3 - Question 46

The Pink Bollworm is an insectthat causes significant damage to which of the following crops in India? 

Detailed Solution for Test: Current Affairs- 3 - Question 46

The Pink Bollworm (PBW) is causing significant damage to cotton fields in northern Rajasthan, Haryana, and Southwestern Punjab, with the infestation being more widespread and serious than before.
Farmers have been using Bt cotton seeds, which have lost their effectiveness against the PBW.
The pink bollworm (Pectinophora gossypiella) is an insect that is a pest in cotton farming. It is native to Asia but has become an invasive species in most cotton-growing countries around the world. It is considered possibly the most destructive pest on cotton worldwide.

Test: Current Affairs- 3 - Question 47

Consider the following statements regarding Lunar Soil.

  1. Lunar Soil is not dusty but rather lumpy, indicating that something is binding the soil together.
  2. Lunar Soil is a thick layer of regolith, fragmental and unconsolidated rock material.
  3. Lunar soil also contains organic matter.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 47

Statement 3 is incorrect.
The Chandrayaan-3 rover, Pragyan, which has the Indian national emblem and the ISRO logo on its rear wheels, has been unable to leave a clear imprint of these symbols on the lunar soil.
This inability to imprint the symbols has provided new insights into the properties of lunar soil in the South Pole region.

Features of Lunar Soil:

  • It is not dusty but rather lumpy, indicating that something is binding the soil together.
  • Lunar Soil is a thick layer of regolith, fragmental and unconsolidated rock material, that covers the entire lunar surface.
  • Lunar soil contains no organic matter.

This discovery could have significant implications for future missions targeting lunar habitation and sustained human presence, especially in the context of potential water discovery in the region.

Test: Current Affairs- 3 - Question 48

Consider the following statements regarding Indo-Pacific Maritime Domain Awareness (IPMDA) initiative.

  1. The Indo-Pacific Maritime Domain Awareness (IPMDA) initiative was announced by G20.
  2. IPMDA seeks to establish a comprehensive system for monitoring and securing maritime activities in the Indo-Pacific region.
  3. IPMDA aims to ensure the safety of critical sea lines of communication, and promoting cooperation among like-minded nations in the Indo-Pacific region.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 48

Statement 1 is incorrect.

  • The IPMDA was announced by the Quad grouping, comprising India, Australia, Japan and U.S., at the Tokyo summit in early 2022 to track “dark shipping” and build a “faster, wider, and more accurate maritime picture of near-real-time activities in partners’ waters”, integrating three critical regions in the Indo-Pacific — the Pacific Islands, Southeast Asia, and the IOR.
  • This initiative [IPMDA] seeks to establish a comprehensive system for monitoring and securing maritime activities in the Indo-Pacific, ensuring the safety of critical sea lines of communication, and promoting cooperation among like-minded nations in the region.
Test: Current Affairs- 3 - Question 49

Consider the following statements regarding United Nations Convention against Transnational Organized Crimes(UNTOC).

  1. The United Nations Convention against Transnational Organized Crime (UNTOC) is a legally non-binding instrumentadopted by the UN General Assembly.
  2. It is the first comprehensive treaty aimed at combatting human trafficking, migrant smuggling, and illicit firearms trafficking.
  3. Central Bureau of Investigationacts as the national Nodal Authority from India.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 49

Statement 1 is incorrect.

  • The United Nations Convention against Transnational Organized Crime (UNTOC) is a global and legally binding instrumentadopted by the UN General Assembly in 2000 and enforced in 2003.
  • It is the first comprehensive treaty aimed at combatting transnational organized crime including human trafficking, migrant smuggling, and illicit firearms trafficking.
  • Currently, there are 191 parties to the Convention, including India (who joined it in 2002 and ratified it in 2011). Central Bureau of Investigationacts as the national Nodal Authority from India. India also enacted the Criminal Law Amendment Act in 2013, which specifically defines human trafficking.
Test: Current Affairs- 3 - Question 50

Consider the following statements regarding Export Promotion of Capital Goods (EPCG) Scheme.

  1. The Foreign Trade Policy 2023 is facilitating exports by streamlining the EPCG scheme.
  2. The EPCG Scheme prohibits the import of capital goods into India.
  3. Battery Electric Vehicles (BEV) of all types are eligible for reduced Export Obligation requirement under EPCG Scheme.

How many of the above statements is/are correct?

Detailed Solution for Test: Current Affairs- 3 - Question 50

Statement 2 is incorrect.

Facilitation under Export Promotion of Capital Goods (EPCG) Scheme

  • The EPCG Scheme, which allows import of capital goods at zero Customs duty for export production, is being further rationalized. Some key changes being added are:
  • Prime Minister Mega Integrated Textile Region and Apparel Parks (PM MITRA) scheme has been added as an additional scheme eligible to claim benefits under CSP (Common Service Provider) Scheme of Export Promotion capital Goods Scheme (EPCG).
  • Dairy sector to be exempted from maintaining Average Export Obligation – to support dairy sector to upgrade the technology.
  • Battery Electric Vehicles (BEV) of all types, Vertical Farming equipment, Wastewater Treatment and Recycling, Rainwater harvesting system and Rainwater Filters, and Green Hydrogen are added to Green Technology products – will now be eligible for reduced Export Obligation requirement under EPCG Scheme.
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