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[INTERVIEW INITIATIVE] Think, Rethink and Perform (TRP) [DAY 6] 2023 for UPSC/IAS Personality Test!

ARCHIVES (of TRP) – > CLICK HERE Those who have appeared for UPSC Mains 2023, fill up the Google form given below. Students who fill out the form will be added to a telegram group so that there can be healthy discussions with other students who will be appearing for the Interview/Personality Test. Also, Mohan sir, Bureaucrats and Ex-Bureaucrats will be interacting one-on-one with all the students who will be appearing for the same. REGISTER HERE – CLICK HERE Interview Discussion: Think, Rethink and Perform; (TRP) – Day 6 Set 1: Ask these questions to yourself; contemplate and come out with a concrete answer (not to be discussed on this forum). Invest at least 30 minutes in this set of questions. Think about a moment where you felt genuinely content and at peace. What were you doing, and what does this say about what brings you joy and fulfillment? Reflect on a personal value or belief that you once held strongly but have since reconsidered. What prompted this change, and how has it affected your outlook? Describe a time when you made a significant contribution to your community or society. What motivated you to take this action, and what did you learn from the experience? Set 2: Analyse the following issue:  In recent years, global health challenges like pandemics and widespread diseases have taken center stage. The world is realizing that health is not just a national issue but a global one. Let’s think about this – How can countries like India play a pivotal role in addressing global health challenges? What strategies should be adopted to balance domestic health needs with global health responsibilities? Consider India’s strengths in pharmaceuticals and healthcare services. We expect you to discuss the above question (Set 2) in the comments below and come out with a balanced view of the issues. Thank You IASbaba

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 22nd December 2023

Archives (PRELIMS & MAINS Focus)   Bharat New Car Assessment Programme (Bharat NCAP) Syllabus Prelims –GOVERNMENT SCHEMES Context: Recently, the first round of crash testing under the Bharat New Car Assessment Programme (Bharat-NCAP) was completed. Background:- Tata Motors’ home-grown sports utility vehicles (SUV) Tata Safari and Tata Harrier have received the highest five-star ratings after being crash-tested under the Bharat New Car Assessment Programme (Bharat-NCAP). They are the first two cars to have received the highest ratings for adult occupant protection and child occupant protection, under the new system. About Bharat New Car Assessment Programme (Bharat NCAP):- Launched:2023. Implementation: October 1, 2023. Ministry: Ministry of Road Transport and Highways. Objectives: to enhance road safety by elevating vehicle safety standards for up to 3.5-tonne vehicles in India. Bharat New Car Assessment Programme (Bharat NCAP) is a new car safety assessment program which proposes a mechanism of awarding ‘Star Ratings’ to automobiles based on their performance in crash tests. Bharat NCAP standard is aligned with global benchmarks and it is beyond minimum regulatory requirements. It is a safety assessment program for passenger vehicles weighing less than 3.5 tonnes and capable of seating up to eight people. Salient Features of Bharat NCAP:- It proposes a mechanism of awarding ‘Star Ratings’ to automobiles based on their performance in crash tests. The voluntary Bharat NCAP would assign vehicles between one and five stars on parameters such as Adult Occupant Protection (AOP), Child Occupant Protection (COP), and Safety Assist Technologies (SAT). This will help assess to what extent a car may suffer damage in the event of an Potential car buyers can refer to these star ratings to decide which car to buy by comparing the safety standards. Bharat NCAP standard is aligned with global benchmarks and it is beyond minimum regulatory requirements. The testing of vehicles for this programme will be carried out at testing agencies, with the necessary infrastructure. Benefits of NCAP: Develop a safety-sensitive car market in India. Consumer Awareness. Enhanced Safety and Export Potential. Making the Indian automobile industry self-reliant. (Atmanirbhar Bharat 3.0) MUST READ: Electric Vehicles SOURCE: HINDUSTAN TIMES  PREVIOUS YEAR QUESTIONS Q.1) Consider the following actions: (2023) Detection of car crash/ collision which results in the deployment of airbags almost instantaneously. Detection of accidental free fall of a laptop towards the ground which results in the immediate turning off of the hard drive. Detection of the tilt of the smartphone which results in the rotation of display between portrait and landscape mode. In how many of the above actions is the function of the accelerometer required? Only one Only two All three None Q.2)  Which one of the following is the context in which the term “qubit” is mentioned? (2022) Cloud Services Quantum Computing Visible Light Communication Technologies Wireless Communication Technologies COVID sub-variant JN.1 Syllabus Prelims –SCIENCE AND TECHNOLOGY/GOVERNANCE Context: Recently, India reported 21 cases of COVID sub-variant JN.1, now a WHO ‘variant of interest’. Background:- We need to be on the alert, but there is no need to panic, says Union Health Minister Mansukh Mandaviya. About COVID sub-variant JN.1:- Previously JN.1 was classified and tracked as part of its parent BA.2.86 lineage, which itself is a descendant of the Omicron or B.1.1.529 variant of SARS-CoV-2, the virus causing COVID-19 disease. In comparison with its parent lineage BA.2.86, JN.1 has an additional mutation (the L455S mutation) in the spike protein. Spread:1 has been found in many countries, including India, China, the United Kingdom, and the United States. WHO said that based on the currently available data, “the additional global public health risk posed by JN.1 is currently evaluated as low.” (Vaccine Development for COVID-19) Transmission: Currently, there is no evidence suggesting that JN.1 causes more severe symptoms or spreads faster than other circulating variants. Risk: Most JN.1 variant cases have been mild, with patients recovering at home. Symptoms:- Classic symptoms of the JN.1 variant include fever, runny nose, sore throat, headache, and gastrointestinal issues like diarrhea and stomach cramps. Extreme fatigue is reported among individuals with the JN.1 variant. Loss of smell has been noted in some cases…. Read more at: https://www.studyiq.com/articles/covid-sub-variants/ Both Pirola and JN.1 have been effectively neutralized by serum from infected and vaccinated individuals, according to the WHO Technical Advisory Group on COVID-19 Vaccine Composition. Variants of concern (VOCs):- The classification of JN.1 as a separate variant of interest (VOI) is down to “its rapidly increasing spread” around the globe. WHO updated its working definitions for variants of concern (VOCs), VOIs, and variants under monitoring (VUMs) in March 2023. According to the definition, a VOI variant is considered a SARS-CoV-2 variant with genetic changes that are predicted or known to affect virus characteristics such as transmissibility, virulence, antibody evasion, susceptibility to therapeutics, and detectability. Further, VOI variants are identified to have a growth advantage over other circulating variants in more than one WHO region, with increasing relative prevalence alongside an increasing number of cases over time. COVID sub-variant JN.1 in India:- Following the identification of the first case of the Coronavirus sub-variant JN.1 in Kerala, several states in India have witnessed a surge in Covid cases. Insacog, the central government’s consortium of labs, detected 19 sequences of the JN.1 variant, with one cases in Maharashtra and Goa. (Smart Cities & Managing COVID-19) The Union Health Ministry reported 614 new coronavirus infections, marking the highest since May 21, and the active cases have risen to 2,311. The India SARS-CoV-2 Genomics Consortium (INSACOG), a multi-laboratory and multi-agency network, is actively involved in surveillance efforts.  MUST READ: iNCOVACC SOURCE: DOWN TO EARTH  PREVIOUS YEAR QUESTIONS Q.1) In the context of vaccines manufactured to prevent the COVID-19 pandemic, consider the following statements: (2022) The Serum Institute of India produced a COVID-19 vaccine named Covishield using an mRNA platform. The Sputnik V vaccine is manufactured using a vector-based platform. COVAXIN is an inactivated pathogen-based vaccine. Which of the statements given above is correct? 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Q.2) With reference to recent developments regarding ‘Recombinant vector Vaccines’, consider the following statements: (2021) Genetic engineering is applied in the development of these vaccines. Bacteria and viruses are used as vectors. Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Enforcement Directorate (ED) Syllabus Prelims –POLITY/ IMPORTANT ORGANIZATIONS Context: Recently, the Enforcement Directorate (ED) has summoned Bihar Deputy Chief Minister Tejashwi Yadav for questioning in connection with job-for-land scam. Background:- He has been asked to appear before the probe agency’s Delhi office to record his statements under the Prevention of Money Laundering Act (PMLA). About Prevention of Money Laundering Act(PMLA):- It is a criminal law of the Parliament of India passed by the NDA government in 2002 PMLA became law and came into force on July 1, 2005. It has blanket powers assigned to the Enforcement Directorate (ED) under PMLA for seizing, investing, searching and attaching assets. It was introduced due to India’s commitment at the Vienna Convention to combat money laundering. (Supreme Court verdict on PMLA) The PMLA is applicable to all persons which include individuals, companies, firms, partnership firms, associations of persons or incorporations and any agency, office or branch owned or controlled by any of the above-mentioned persons. About Enforcement Directorate (ED):- Establishment: 1956. Ministry: Department of Revenue, Ministry of Finance. Headquarters: New Delhi. The Enforcement Directorate is a multi-disciplinary organization It is a law enforcement organization tasked with enforcing economic laws and combating economic crime in India, such as money laundering and foreign exchange irregularities. Functions:- The functions of the Directorate include the enforcement of the following Acts:- The Prevention of Money Laundering Act, 2002 (PMLA) (Prevention of Money Laundering Act (PMLA) 2002) The Foreign Exchange Management Act, 1999 (FEMA): A civil law under which ED conducts an investigation into suspected contraventions of foreign exchange laws and regulations. (Foreign Exchange Management Act) The Foreign Exchange Regulation Act 1973 Sponsoring Organizations under the 1974 Foreign Exchange Conservation and Smuggling Activity Prevention Act The Fugitive Economic Offenders Act, 2018 (FEOA): A law whereby the Directorate is mandated to attach the properties of fugitive economic offenders who have escaped from India warranting arrest and providing for the confiscation of their properties to the Central Government. Structure:- Director of Enforcement:- Appointed by the central government on the recommendation of a committee chaired by the Central Vigilance Commissioner and members comprising of Vigilance Commissioners, Home Secretary, Secretary DOPT and Revenue Secretary. Tenure: up to 5 years. Recruitment of other officers:- Other officers may be recruited directly from other investigative agencies or indirectly. It is made up of representatives from the police, excise, customs, and income tax departments of the Indian Revenue Services (IRS), the Indian Police Services (IPS), and the Indian Administrative Services (IAS). Powers of ED:- Statements recorded before an ED investigation officer (IO) are admissible as evidence in court under the Prevention of Money Laundering Act (PMLA). All offences under the PMLA, which the ED deals with, are classified as non-bailable. Individuals in ED custody are sent to the nearest police station’s lock-up, irrespective of their status. Once the ED attaches properties belonging to an accused, it can be a lengthy and challenging process to retrieve those assets. Unlike regular criminal law, under the PMLA, the burden of proof lies with the accused rather than the prosecutor. Accused individuals are required to furnish proof in their defence, making it harder to deal with the ED’s investigations MUST READ:  CBI and ED SOURCE: AIR  PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements: (2019) As per recent amendment to the Indian Forest Act, 1927, forest dwellers have the right to fell the bamboos grown on forest areas. As per the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006, bamboo is a minor forest produce. The Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006 allows ownership of minor forest produce to forest dwellers. Which of the statements given above is/are correct? 1 and 2 only 2 and 3 only 3 only 1, 2 and 3 Q.2) With reference to the ‘Prohibition of Benami Property Transactions Act, 1988 (PBPT Act), consider the following statements: (2017) A property transaction is not treated as a benami transaction if the owner of the property is not aware of the transaction. Properties held benami are liable for confiscation by the Government. The Act provides for three authorities for investigations but does not provide for any appellate mechanism. Which of the statements given above is/are correct? 1 only 2 only 1 and 3 only 2 and 3 only Karrar Combat Drones Syllabus Prelims – DEFENSE/ INTERNATIONAL RELATIONS Context: Recently, Iran unveiled advanced Karrar combat drones. Background:- The drones were showcased during a ceremony at the Khatam Al-Anbia Air Defence Academy. About Karrar Combat Drones:- The Karrar interceptor drone, was initially introduced in 2010. It now incorporates the ‘Majid’ thermal missile, which reportedly has an eight-kilometre range. This missile was developed entirely within Iran. It is an Iranian jet-powered target drone manufactured by Iran Aircraft Manufacturing Industrial Company (HESA). The Karrar features a small, clipped delta wing, a cylindrical, blunt-nosed fuselage, and twin arrowhead-shaped tailfins. It has a dorsal air intake for the engine and utilizes a rocket-assist system for takeoff, recovered by a parachute. It is capable of high and low altitude flight, day and night operation. It’s purported to have an autopilot system with INS and/or GPS guidance. (Import Ban on Drones) The Karrar can carry a range of armaments, including bombs like the Mk 82 general-purpose bomb, anti-ship missile. MUST READ: MQ-9B predator Drone SOURCE: HINDUSTAN TIMES  PREVIOUS YEAR QUESTIONS Q.1) Which one of the following statements best reflects the idea behind the “Fractional Orbital Bombardment System” often talked about in media?  (2022) A hypersonic missile is launched into space to counter the asteroid approaching the Earth and explode it in space. A spacecraft lands on another planet after making several orbital motions. A missile is put into a stable orbit around the Earth and deorbits over a target on the Earth. A spacecraft moves along a comet with the same surface. speed and places a probe on its. Q.2) With reference to India’s satellite launch  vehicles, consider the following statements: PSLVs launch satellites useful for Earth resources monitoring whereas GSLVs are designed mainly to launch communication satellites. Satellites launched by PSLV appear to remain permanently fixed in the same position in the sky, as viewed from a particular location on Earth. GSLV Mk III is a four-staged launch vehicle with the first and third stages using solid rocket motors; and the second and fourth stages using liquid rocket engines. Which of the statements given above is/are correct.? (2018) 1 only 2 and 3 1 and 2 3 only Valmiki Tiger reserve Syllabus Prelims –GEOGRAPHY/ENVIRONMENT AND ECOLOGY Context: Reduced human activity, including mining bans, helped increase tiger numbers in Valmiki Tiger reserve as per recent data. Background:- Authorities in Bihar’s Valmiki Tiger Reserve (VTR) have credited the rise in the protected area (PA)’s big cat numbers to a reduction in human activities, including restrictions on illegal mining in its eco-sensitive zone. About Valmiki Tiger reserve:- IMAGE SOURCE: wpsi-india.org Location: Bihar. Valmiki Tiger Reserve forms the easternmost limit of the Himalayan Terai forests in India. In 1990, Valmiki National Park was established. It  is the only tiger reserve in Bihar. It is situated in the Gangetic Plains bio-geographic zone of the country; the forest has a combination of Bhabar and terai tracts. It lies in the northwestern portion of the West Champaran district of Bihar. Wild mammals found in the forests of Valmiki Tiger Reserve include tiger, sloth bear, leopard, wild dog, bison, wild boar, etc. Flora: The vegetation types include mainly Moist mixed deciduous, Open-land vegetation, Sub-mountainous semi-evergreen formation, Freshwater swamps, Riparian fringes, Alluvial grasslands, high hill savannah and Wetlands. In 1978, it was designated as a Wildlife Sanctuary. The Sanctuary’s total area is approximately 545.15 km2.  MUST READ: Kali Tiger Reserve SOURCE: DOWN TO EARTH  PREVIOUS YEAR QUESTIONS Q.1) Two important rivers — one with its source in Jharkhand (and known by a different name in Odisha), and another, with its source in Odisha — merge at a place only a short distance from the coast of the Bay of Bengal before flowing into the sea. This is an important site of wildlife and biodiversity and a protected area. Which one of the following could be this? (2011) Bhitarkanika Chandipur-on-sea Gopalpur-on-sea Simlipal Q.2) Among the following Tiger Reserves, which one has the largest area under “Critical Tiger Habitat”? (2020) Corbett Ranthambore Nagarjunsagar-Srisailam Sunderbans Wrestling Federation of India Syllabus Prelims –IMPORTANT ORGANIZATIONS/SPORTS Context: Recently, Sanjay Singh has been elected the new president of the Wrestling Federation of India (WFI). Background:- He was elected after the results of election of office bearers, in which he got 40 votes. About Wrestling Federation of India:- HQ: New Delhi. The WFI is the apex body for wrestling in India. It organizes all national and international wrestling events in India. It promotes wrestling players for the Olympics, Asian Games, National Wrestling Championships, and World Wrestling Championships. WFI’s Contract System for Wrestlers: In 2018, the WFI rolled out its revolutionary contracts system for the grapplers.Under the system, the wrestlers have been placed in four grades: – Grade A offers financial assistance of 30 lakh rupees; Grade B offers a financial assistance of 20 lakh rupees; The C category offers support of 10 lakh rupees; The D category offers support of 5 lakh rupees. The contracts are reviewed after one year. It is recognized by the Government of India and the Indian Olympic Association. It organizes various national and international wrestling events, such as the Pro Wrestling League, the National Wrestling Championship, and the Asian Championships.  MUST READ: Sports Code SOURCE: AIR  PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements in respect of the Laureus World Sports Award which was instituted in the year 2000: American golfer Tiger Woods was the first winner of this award The award was received by Formula One players so far. Roger Federer received this award the maximum number of times compared to others. Which of the above statements is/are correct? (2021) 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Q.2) Consider the following statements in respect of the 32nd Summer Olympics: The official motto for this Olympics is ‘A New World’. Sport Climbing, Surfing, Skateboarding, Karate and Baseball are included in this Olympics. Which of the above statements is/are correct? (2021) 1 only 2 only Both 1 and 2 Neither 1 and 2 Practice MCQs Daily Practice MCQs Q1) Consider the following pairs: TIGER RESERVE STATE Kanha Tiger Reserve Madhya Pradesh Melghat Tiger Reserve Chhattisgarh Indravati Tiger Reserve Maharashtra How many of the above pairs are correctly matched? Only one Only two All three None Q2) Consider the following statements Statement-I : In 1990, Valmiki National Park was established. Statement-II : It  is the only tiger reserve in Bihar. Which one of the following is correct in respect of the above statements? Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I Statement-I is correct but Statement II is incorrect Statement-I is incorrect but Statement II is correct Q3) With reference to Karrar Combat Drones, consider the following statements: This missile was developed by the USA. It was initially introduced in 2020. It is capable of day and night operation. How many of the statements given above is/are correct? 2 only 1, 2 and 3 only 1 and 3 only 3 only Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  22nd December 2023 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st ANSWERS FOR 21st December – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – b Q.2) – d Q.3) – a

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 23rd December 2023

Archives (PRELIMS & MAINS Focus)   RAMP ((Raising and Accelerating MSME Productivity) programme Syllabus Prelims –GOVERNMENT SCHEMES Context: Recently, the MSME Ministry launched 3 sub-schemes under the RAMP ((Raising and Accelerating MSME Productivity) programme. Background:- MSME Minister Narayan Rane launched three sub-schemes under the ministry’s existing RAMP ((Raising and Accelerating MSME Productivity) programme to encourage the adoption of sustainable technology in business, boost the circular economy and address delayed payments issue. About RAMP ((Raising and Accelerating MSME Productivity) programme:- Launched: 30th June 2022. Ministry: Ministry of Micro, Small & Medium Enterprises. Objectives: to scale up the implementation capacity and coverage of MSMEs in the States, with impact enhancement of existing MSME schemes. Salient Features:- Raising and Accelerating MSME Productivity (RAMP)” is a Central Sector Scheme. The scheme shall implement regulatory, financial, and implementation reforms as well as firm-level access reforms to provide targeted interventions to MSMEs across recognized challenge areas. The  RAMP program will seek to scale up implementation capacity and firm coverage in the states of Gujarat, Maharashtra, Punjab, Rajasthan, and Tamil Nadu. It aims to enhance access to market and credit by strengthening institutions, enhancing centre-state partnerships, addressing issues of delayed payments and greening of MSMEs, and ramping up implementation capacity and MSME coverage in states, with the impact enhancement of existing MSME schemes. A Scheme for Promoting Innovation, Rural Industry & Entrepreneurship (ASPIRE) Eligibility:- The MSME should be registered under the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006. The MSME should have a valid Udyog Aadhaar Number (UAN). Benefits:- Address Challenges in the MSME Sector: The RAMP program will address the generic and Covid related challenges in the MSME sector by way of impact enhancement of existing MSME schemes, especially, on the competitiveness front. Address inadequately Addressed Blocks in MSME: The program will bolster the inadequately addressed blocks of capacity building, handholding, skill development, quality enrichment, technological upgradation, digitization, outreach, and marketing promotion, amongst other things. Generate Employment: The RAMP program, through enhanced collaboration with States, will be a job enabler, market promoter, and finance facilitator, and will support vulnerable sections and greening initiatives. Usher in Larger Formalization: In States where the presence of MSMEs is on the lower side, the program will usher in larger formalization resulting from the higher impact of the schemes covered under RAMP. The SIPs developed by these States would act as a roadmap for the development of an improved MSME sector. Complement the Atmanirbhar Bharat Mission: RAMP will complement the AtmanNirbhar Bharat mission by fostering innovation and enhancement in industry standards, and practices and providing the necessary technological inputs to the MSMEs. MUST READ: Empowering MSMEs digitally SOURCE: FINANCIAL EXPRESS PREVIOUS YEAR QUESTIONS Q.1) With reference to Pradhan Mantri Kaushal Vikas Yojana, consider the following statements : (2018) It is the flagship scheme of the Ministry of Labour and Employment. It, among other things, will also impart training in soft skills, entrepreneurship, financial and digital literacy. It aims to align the competencies of the unregulated workforce of the country to the National Skill Qualification Framework. Which of the statements given above is/are correct? 1 and 3 only 2 only 2 and 3 only 1, 2 and 3 Q.2) What is the aim of the programme ‘Unnat Bharat Abhiyan’? (2017) Achieving 100% literacy by promoting collaboration between voluntary organizations and the government’s education system and local communities. Connecting institutions of higher education with local communities to address development challenges through appropriate technologies. Strengthening India’s scientific research institutions in order to make India a scientific and technological power. Developing human capital by allocating special funds for health care and education of rural and urban poor, and organizing skill development programmes and vocational training for them. Securities Appellate Tribunal (SAT) Syllabus Prelims – ECONOMY Context: The Securities Appellate Tribunal (SAT) recently, quashed regulator Sebi’s order banning Future Retail chairperson Kishore Biyani and some other promoters from the securities market for one year in an insider trading case. Background:- Dismissing the Sebi’s order, the appellate tribunal said that the entities did not trade in the shares of Future Retail Ltd (FRL) on the basis of unpublished price sensitive information (UPSI) relating to demerger as such information was already in the public domain through multiple media reports. About Securities Appellate Tribunal (SAT):- Established: 27th May, 2014. HQ: Mumbai. It is under the jurisdiction of Ministry of Finance. It is a statutory body established under the provisions of the Securities and Exchange Board of India Act, 1992. Objective: to hear and dispose of appeals against orders passed by the Securities and Exchange Board of India or by an adjudicating officer under the Act. A Securities Appellate Tribunal (SAT) has been constituted to protect the interest of entities that feel aggrieved by SEBI’s decision. The Securities Appellate Tribunal is established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992. It is to hear and dispose of appeals against orders passed by the Securities and Exchange Board of India or by an adjudicating officer under the Act and to exercise jurisdiction, powers and authority conferred on the Tribunal by or under this Act or any other law for the time being in force. SAT hears and disposes of appeals against orders passed by the Pension Fund Regulatory and Development Authority (PFRDA) under the PFRDA Act, 2013. Further, SAT hears and disposes of appeals against orders passed by the:- Insurance Regulatory Development Authority of India (IRDAI) under the Insurance Act, 1938, General Insurance Business (Nationalization) Act, 1972 and Insurance Regulatory and Development Authority Act, 1999 and the Rules and Regulations framed thereunder. Composition: It consists of a Presiding Officer and two other Members. Powers: It has the same powers as those vested in a civil court. Appeal: If any person feels aggrieved by SAT’s decision or order can appeal to the Supreme Court. MUST READ: (SEBI) extends trading ban on Agri commodities SOURCE: THE ECONOMICS TIMES PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements: (2022) In India, credit rating agencies are regulated by the Reserve Bank of India. The rating agency popularly known as ICRA is a public limited company. Brickwork Ratings is an Indian credit rating agency. Which of the statements given above is correct? 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Q.2) With reference to the Indian economy, consider the following statements. (2022) An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of the rupee. An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness. An increasing trend in domestic inflation relative to inflation in other countries is likely to cause an increasing divergence between NEER and REER. Which of the above statements is correct? 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Andriamamelo Cave Syllabus Prelims –HISTORY Context: Unique, prehistoric rock art drawings have been discovered in the Andriamamelo Cave in western Madagascar recently. Key Features:- Madagascar cave art hints at ancient connections between Africa and Asia. Pictorial art, depicting images of nature with human-like and animal-like figures have been discovered. Previously, Madagascar’s rock art mainly featured basic symbols. The new findings depict more complex scenes and figures. Some scenes bear a resemblance to motifs from Egypt’s Ptolemaic period (300-30 BCE). Major images hint at Egyptian deities like Horus, Thoth, Ma`at, and Anubis. Symbols and writings suggest cultural links to the Ethiopian and Afro-Arab worlds. The art shares similarities with a two-millennia-old cave art style from Borneo. The art may depict at least three extinct animals of Madagascar, including a giant sloth lemur, elephant birds, and a giant tortoise. The ubiquitous M-shaped symbol matches the Amharic alphabet’s “hawt” and is linked to the concept of the “breath of life” in some Austronesian languages. The art lacks Christian, Muslim, Hindu symbols, and modern motifs, indicating its ancient origins. Significance:- The discovery’s implications hold significance in the reconstruction of Malagasy early history. (Ratnagiri’s pre-historic rock art) About Andriamamelo Cave:- It is situated in the western part of Madagascar. The cave is nestled within the karstified limestone terrain of the Paysage Harmonieux Protege de Beanka, contributing to its unique geological structure. This cave is a notable part of a broader karst region that includes the Parc National de Bemaraha, acknowledged as a UNESCO World Heritage site. It is characterized by intricate underground formations resulting from the dissolution of soluble rocks like limestone. MUST READ: Buddhist caves, temples in Madhya Pradesh’s Bandhavgarh SOURCE: THE HINDU PREVIOUS YEAR QUESTIONS Q.1) Consider the following pairs: (2022) Historical place                 Well-known for Burzahom             Rock-cut shrines Chandraketugarh Terracotta art Ganeshwar             Copper artefacts Which of the pairs given above is/are correctly matched? 1 only 1 and 2 3 only 2 and 3 Q.2) Which one of the following statements is correct? (2022) Ajanta Caves lie in the gorge of the Waghora River. Sanchi Stupa lies in the gorge of the Chambal River. Pandu – Lena cave shrines lie in the gorge of the Narmada River. Amaravati Stupa lies in the gorge of the Godavari River. Chit fund Syllabus Prelims –ECONOMY/ GOVERNANCE Context: Recently, over 37, 000 victims of chit fund scams got Rs 30 crore back in Chhattisgarh. Background:- With police help, district administrations across Chhattisgarh have recovered and returned Rs 30 crore that 37,000 investors had been defrauded of by chit funds, according to government officials. From 2015 to 2017, over 1 lakh such investors were cheated out of hundreds of crores of rupees in the state. About chit fund:- A chit fund is a close-ended group lending scheme. It is called ‘Chit Fund’ as a piece of paper is used for writing a bid amount, known as a chit. It refers to an agreement arrived at by a group of individuals to invest a certain amount through periodic installments over a specified period of time. It doesn’t fall under the jurisdiction of the RBI but is a legal entity, registered with and regulated by, the state governments under the Chit Funds Act of 1982. (RBI’s contingency fund) Regulations:- At present chit reserves are represented by Chit Funds Act of 1962, Reserve Bank of India (RBI) Act of 1934, and Securities & Exchange Bond of India (SEBI) Act of 1992 etc. Businesses can only be registered and regulated by the respective state governments under the Chit Fund Act of 1962. The Registrar of Chits is the person appointed by the state governments in accordance with Section 61 of the Chit Funds Act as the regulator of chit funds. Chit reserves are included in the definition of Non-Banking Financial Companies (NBFCs). RBI, in any case, has not spread out any different administrative system for them. Benefits of Chit Fund:- It can be a good way to get money that one might not have access to otherwise is through a chit fund scheme. They can assist with debt repayment and provide household financial assistance, among other things. In the event that one wishes to put resources into a chit-store conspiracy, there is no necessity for security. Savings and credit plans are combined in chit funds. Members can save money while still having access to credit when they need it. Chit funds allow members to earn returns on their contributions. MUST READ: Alternate Investment Fund and Credit Default Swap SOURCE: THE INDIAN EXPRESS PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements : (2023) Statement-I: Interest income from the deposits in Infrastructure Investment Trusts (InviTs) distributed to their investors is exempted from tax, but the dividend is taxable. Statement-II: InviTs are recognized as borrowers under the ‘Securitization and Reconstruction of Financial Assets and·Enforcement of the Security Interest Act, 2002’. Which one of the following is correct in respect of the above statements? Both Statement-I and Statement-II are correct and Statement-11 is the correct explanation for Statement-I Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation forStatement-I Statement-I is correct but Statement-II is incorrect Statement-I is incorrect but Statement-II is correct Q.2) In India, which one of the following is responsible for maintaining price stability by controlling inflation? (2022) Department of Consumer Affairs Expenditure Management Commission Financial Stability and Development Council Reserve Bank of India Yogmaya Temple Syllabus Prelims –ART AND CULTURE Context: Recently, the now-abandoned part of Yogmaya Temple was explored as a a testament to Delhi’s syncretic roots. Background:- From a Mughal-sponsored structure to a concrete building, the Yogmaya Temple in Mehrauli is a historically important monument believed to be standing at the site of an ancient temple that is said to have come up during the period of the Mahabharata but of which no trace exists anymore. About Yogmaya Temple:- Location: Mehrauli, Delhi. Built: between 1806 and 1837. (Khajuraho temples) Constructed by: Lala Sidhu Mal. He was noble in the court of Mughal Emperor Akbar II . The area was known as Yoginipura in ancient Jain texts . Prithviraj Chauhan himself was said to have patronised a Yogini temple here shortly before his city’s destruction. It Houses a replica of the Goddess Yogmaya, also known as the “Pure Goddess.” The main idol, made of black stone and adorned with sequins and cloth, represents Yogmaya. The goddess Yogmaya, believed to be the sister of Lord Krishna and an incarnation of Durga. The temple’s origins are traced back to the Mahabharata era, believed to have been built by the Pandavas after the end of the epic war. The temple was among the 27 temples reportedly destroyed by Mamluk rulers. Hindu king Samrat Vikramaditya Hemu is credited with restoring the temple after its destruction by Islamic rulers. Unique Festival ‘Phoolwalon ki Sair.’ is celebrated. Significance:- It symbolizes unity amid diverse communities. It is Integral to Delhi’s historical and cultural heritage. MUST READ: Hoysala Temples SOURCE: THE INDIAN EXPRESS PREVIOUS YEAR QUESTIONS Q.1) The Prime Minister recently inaugurated the new Circuit House near Somnath Temple Veraval. Which of the following statements are correct regarding Somnath Temple? (2022) Somnath Temple is one of the Jyotirlinga shrines. A description of the Somnath Temple was given by Al-Biruni. Pran Pratishtha of Somnath Temple (installation of the present-day temple) was done by President S. Radhakrishnan. Select the correct answer using the code given below: 1 and 2 only 2 and 3 only 1 and 3 only 1,2 and 3 Q.2) With reference  to Chausath Yogini Temple situated near Morena, consider the following statements: (2021) It is a circular temple built during the reign of the Kachchhapaghata Dynasty. It is the only circular temple built in India. It was meant to promote the Vaishnava cult in the region. Its design has given rise to a popular belief that it was the inspiration behind the Indian Parliament building. Which of the statements given above is correct? 1 and 2 2 and 3 only 1 and 4 2, 3 and 4 Fanged Frog Species Syllabus Prelims – ENVIRONMENT AND ECOLOGY Context: Recently, World’s Tiniest Fanged Frog Species Found Lurking in The Indonesian Jungle. Background:- The lush, volcanic hills of Sulawesi in Indonesia are home to several species of fanged frogs with unusual reproductive habits, including Limnonectes larvaepartus – the only species of frog in the world known to give birth to live tadpoles. About Fanged Frog Species:- Scientific Name: Limnonectes phyllofolia. It belongs to the genus Limnonectes, comprising around 75 species. Distinctive Features: Notable for fang-like structures, which are projections of their jaw bone. Distribution: East and Southeast Asia. It is the smallest species among fanged frogs. Adults are brown in color. It uses fangs in battles for territory and mates. It employ fangs to capture tough-shelled prey like giant centipedes and crabs. Many species in this genus are giants, with some weighing up to two pounds. It earned the nickname “leaf-nester” as they do not lay eggs in water instead, they make nests on tree leaves or moss-covered boulders away from water, with males guarding the eggs. MUST READ: Jerdon’s narrow-mouthed frog (Uperodon montanus) SOURCE: SCIENCE ALERT PREVIOUS YEAR QUESTIONS Q.1) Certain species of which one of the following organisms are well known as cultivators of fungi? (2022) Ant Cockroach Crab Spider Q.2) Consider the following animals  (2021) Hedgehog Marmot Pangolin To reduce the chance of being captured by predators, which of the above organisms rolls up/roll up and protects/protects its/their vulnerable parts? 1 and 2 only 2 only 3 only 1 and 3 Bhoomi Rashi Portal Syllabus Prelims – GOVERNANCE Context: Recently, Union Minister of Road Transport and Highways Nitin Gadkari revealed that Bhoomi Rashi Portal is revolutionizing land acquisition for Highway projects. Background:- Nitin Gadkari revealed in a recent statement to the Rajya Sabha that the Bhoomi Rashi portal is instrumental in expediting the development of highway infrastructure in India. About Bhoomi Rashi Portal:- Launched: 2018. Ministry: Ministry of Road Transport and Highways. Objectives : to accelerate highway infrastructure development projects in India. Bhoomi Rashi as a single point platform for online processing of land acquisition notifications . The portal functions as a centralized platform where Land Acquisition notifications are submitted online by designated revenue officials of the state government, known as the Competent Authority for Land Acquisition (CALA). Once approved by the Ministry of Road Transport and Highways, these notifications are electronically transmitted to the Government of India Press via the e-Gazette. The portal is also integrated with the Public Financial Management System (PFMS) for depositing the compensation in the account of affected/ interested persons on a real-time basis. Features of Bhoomi Rashi:- Bilingual application with Hindi and English for easy usability Preparation of interface for adding project basic details including LA sanction details. Preparation of interface for Land Acquisition locations i.e. villages Preparation of Interface for CALA details Interface for generating LA notification Interface for Land Details Interface for generation of 3a, 3A & 3D notification: organizational email IDS for all those involved in the process flow to ensure smooth e-office management Interface for Objections and processing Interface for compensation determination and finalization Generation of web service for getting payment status and beneficiary validation from Public Financial Management System (PFMS) platform of the Ministry of Finance Interface for Land owners and affected parties Interface for reports generation Significance:- The portal has expedited significantly the process of land acquisition for National Highways, making it error-free & more transparent with notifications at every stage being processed on a real-time basis. MUST READ: Small savings schemes SOURCE: FINANCIAL EXPRESS  PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements in the context of interventions being undertaken under the Anaemia Mukt Bharat Strategy: (2023) It provides prophylactic calcium supplementation for preschool children, adolescents, and pregnant women. It runs a campaign for delayed cord clamping at the time of childbirth. It provides for periodic deworming to children and adolescents. It addresses non-nutritional causes of anemia in endemic pockets with a special focus on malaria, hemoglobinopathies, and fluorosis. How many of the statements given above are correct? Only one Only two Only three All four Q.2) Consider the following markets : (2023) Government Bond Market Call Money Market Treasury Bill Market Stock Market How many of the above are included in capital markets? Only one Only two Only three All four Practice MCQs Daily Practice MCQs Q1) Consider the following pairs: SPECIES IUCN STATUS Pygmy Hog Critically Endangered Large Rock Rat or Elvira Rat Vulnerable Namdapha Flying Squirrel Critically Endangered How many of the above pairs are correctly matched? Only one Only two All three None Q2) Consider the following statements Statement-I : A chit fund is not a legal entity. Statement-II : It doesn’t fall under the jurisdiction of the RBI. Which one of the following is correct in respect of the above statements? Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I Statement-I is correct but Statement II is incorrect Statement-I is incorrect but Statement II is correct Q3) With reference to the Yogmaya Temple , consider the following statements: It was built between 1806 and 1837. It was constructed by Lala Sidhu Mal. The goddess Yogmaya, believed to be the sister of Lord Krishna and an incarnation of Durga. How many of the statements given above is/are correct? 2 only 1, 2 and 3 only 1 and 3 only 3 only Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  23rd December 2023 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st ANSWERS FOR 21st December – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – b Q.2) – d Q.3) – a

Daily Prelims CA Quiz

UPSC Quiz – 2023 : IASbaba’s Daily Current Affairs Quiz 23rd December 2023

For Previous Daily Quiz (ARCHIVES) - CLICK HERE The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative. Gear up and Make the Best Use of this initiative. Do remember that, “the difference between Ordinary and EXTRA-Ordinary is PRACTICE!!” Important Note: Don't forget to post your marks in the comment section. Also, let us know if you enjoyed today's test :)After completing the 5 questions, click on 'View Questions' to check your score, time taken, and solutions.To take the Test Click Here

Daily Prelims CA Quiz

UPSC Quiz – 2023 : IASbaba’s Daily Current Affairs Quiz 22nd December 2023

For Previous Daily Quiz (ARCHIVES) - CLICK HERE The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative. Gear up and Make the Best Use of this initiative. Do remember that, “the difference between Ordinary and EXTRA-Ordinary is PRACTICE!!” Important Note: Don't forget to post your marks in the comment section. Also, let us know if you enjoyed today's test :)After completing the 5 questions, click on 'View Questions' to check your score, time taken, and solutions.To take the Test Click Here

[INTERVIEW INITIATIVE] Think, Rethink and Perform (TRP) [DAY 5] 2023 for UPSC/IAS Personality Test!

ARCHIVES (of TRP) – > CLICK HERE Those who have appeared for UPSC Mains 2023, fill up the Google form given below. Students who fill out the form will be added to a telegram group so that there can be healthy discussions with other students who will be appearing for the Interview/Personality Test. Also, Mohan sir, Bureaucrats and Ex-Bureaucrats will be interacting one-on-one with all the students who will be appearing for the same. REGISTER HERE – CLICK HERE Interview Discussion: Think, Rethink and Perform; (TRP) – Day 5 Set 1: Ask these questions to yourself; contemplate and come out with a concrete answer (not to be discussed on this forum). Invest at least 30 minutes in this set of questions. Think about a relationship that has significantly evolved over time. How has this evolution affected you personally? Reflect on a personal fear or insecurity you have confronted. How did you face it, and what impact has this had on your self-confidence or self-perception? Consider a time when you were misunderstood. How did you handle the situation, and what did it teach you about communication and perspective? Set 2: Analyse the following issue:  The Russia-Ukraine situation is more than just a regional conflict; it’s a matter that’s affecting the whole world. The big question on everyone’s mind is about the role of the international community. It’s a situation that tests the boundaries of diplomacy and international law. So, what’s your take on this? How should countries, including India, respond to such conflicts? It’s about finding that balance between standing up for what’s right and keeping global stability. What do you think are the long-term implications for international relations? We expect you to discuss the above question (Set 2) in the comments below and come out with a balanced view of the issues. Thank You IASbaba

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 21st December 2023

Archives (PRELIMS & MAINS Focus)   Rozgar Melas Syllabus Prelims – GOVERNMENT INITIATIVES Context: Rozgar Melas events are being held across the country recently. Background:- New appointees are inducted into various Central Ministries/ Departments/ Central Public Sector Undertakings (CPSUs)/ Autonomous Bodies including Health and education Institutes, Public Sector Banks etc. Filling up vacant posts in various Ministries/Departments is a continuous process. All vacant posts are being filled in a Mission Mode. About Rozgar Melas:- 1st Edition of National Rozgar Mela: October 22, 2022. Ministry: Ministry of Skill Development & Entrepreneurship (MSDE). Objective: To give impetus to the employment initiatives in the country, the National Skill Development Corporation (NSDC) under the aegis of the Ministry of Skill Development & Entrepreneurship (MSDE), Government of India has been organizing Rozgar Melas across the nation to provide suitable job opportunities in the private sector to the unemployed youth. A Rozgar Mela is a 1/2-day event where several employers and job seekers come together for the purpose of applying and interviewing for jobs. These Rozgar Melas generally cater to the youth in the age group of 18-35 Years with an academic qualification covering 8th/10th/12th Pass, ITI, Diploma, Graduates etc. including the trained and certified candidates conforming to National Skills Qualifications Framework. The jobseekers for the Rozgar Mela are sensitized & mobilized through various channels including Print Advertisement, Bulk SMS, Social Media & workshops at the College and university Level in & around the districts of the Rozgar Mela. Under the Rozgar Mela Scheme, 10 lakh jobs will be available for candidates to apply in Group A and B Gazetted Posts, Group B Non-Gazetted and Group C Non-Gazetted posts. Activities in  Rozgar Melas:- Counselling Sessions for the jobseekers & their parents, Kaushal Melas for the registration of youth under fresh skill development training (PMKK/PMKVY), and Mudra Loan Facilitation Counters & Skill Exhibition (where SSCs demonstrate the training model, equipment, and job roles of their respective sectors) Goals of Rozgar Mela:- Empowering the youth Providing opportunities for the youth to contribute to the nation’s development Fast-tracking the meeting of job seekers and employers Reflecting the Prime Minister’s vision that development should reach all parts of the country equally Contribution of Rozgar Mela:- Rozgar Mela gives an opportunity for job seekers to learn more about potential employers and various employment opportunities available, including entrepreneurship. It also offers a platform for organizations to meet potential employees in an informal setting. It brings skilled candidates in direct contact with recruiters, HR managers, admission officers, and advisory bodies/training providers. Significance:- It is anticipated that the Rozgar Mela will play a pivotal role in promoting employment opportunities and providing meaningful avenues for the empowerment of the youth, enabling their active participation in the development of the nation. (Self-Reliant India) It serves as a platform for job seekers to apply for jobs and participate in interviews. MUST READ: Aatmanirbhar Bharat Rozgar Yojana SOURCE: PIB PREVIOUS YEAR QUESTIONS Q.1) In India, which one of the following compiles information on industrial disputes, closures, retrenchments, and lay-offs in factories employing workers? (2022) Central Statistics Office Department for Promotion of Industry and Internal Trade Labour Bureau National Technical Manpower Information System Q.2)  Consider the following statements with reference to India: (2023) According to the ‘Micro, Small and Medium Enterprises Development (MSMED) Act, 2006’, ‘medium enterprises are those with investments in plant and machinery between (‘ 15 crores and ’25 crore). All bank loans to Micro, Small and Medium Enterprises qualify under the priority sector. Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Consumer Price Index Syllabus Prelims –ECONOMY Context: The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers for the month of November 2023 was increased recently. Key Highlights:- CPI increased by 12 points and 11 points respectively to stand at 1253 and 1262 points respectively. There has been an upward trend in the index across all the states except West Bengal (both CPI-AL and CPI-RL indices decreased) and Himachal Pradesh (the CPI-AL index decreased). In the case of Agricultural Labourers, it recorded an increase of 1 to 10 points in 11 States, 11 to 20 points in 4 states and an increase of more than 20 points in 3 states. In the case of Rural Labourers, it recorded an increase of 1 to 10 points in 11 states, 11 to 20 points in 5 states and an increase of more than 20 points in 3 states. Andhra Pradesh and Tamil Nadu with 1439 points each topped the index table whereas Himachal Pradesh with 1015 points stood at the bottom. Among states, the maximum increase for CPI-AL was experienced by Maharashtra of 27 points which was mainly driven by the increased prices of jowar, rice, wheat atta, tapioca, arhar dal, onion and sugar etc. Point to point rate of inflation based on the CPI-AL and CPI-RL stood at 7.37% and 7.13% in November, 2023 compared to 7.08% and 6.92% respectively in October, 2023 and 6.87% and 6.99% respectively during the corresponding month of  previous year. About Consumer Price Index:- The Consumer Price Index (CPI) examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI calculates the difference in the price of commodities and services such as food, medical care, education, electronics etc, which Indian consumers buy for use. Type of CPI:- There are 4 different types of CPI measured:- CPI for Industrial Workers (CPI-IW) It attempts to quantify changes in the pricing of a fixed basket of products and services used by Industrial Workers over time. Released by: Labour Bureau, Ministry of Labour and Employment. Base Year: 2016. CPI for Agricultural Laborers (CPI-AL) It helps to revise minimum wages for agricultural labor in different States. Released by: Labour Bureau, Ministry of Labour and Employment. Base Year:1986-87. CPI for Rural Labourer (CPI-RL) Released by: Labour Bureau, Ministry of Labour and Employment. Base Year:1986-87. CPI (Rural/Urban/Combined) Released by: National Statistical Office (NSO), Ministry of Statistics and Program Implementation Base Year: 2012. Calculation:– It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. The formula to calculate the Consumer Price Index (CPI) is as follows: CPI = (Total cost of basket of goods and services in the current period / Total cost of the basket of goods and services in the base period) x 100. Uses:- To calculate the inflation levels CPI’s annual percentage change is also used to assess inflation. To compute the cost of living. Determine the purchasing power of a country’s currency. Understanding the real value of wages, salaries, pensions, etc. Price regulation. Provides insights into consumer spending Significance:- Changes in the CPI are used to assess price changes associated with the cost of living. MUST READ: India’s sticky Inflation SOURCE: PIB PREVIOUS YEAR QUESTIONS Q.1) With reference to the Indian economy, consider the following statements: If the inflation is too high, the Reserve Bank of India (RBI) is likely to buy government securities. If the rupee is rapidly depreciating, RBI is likely to sell dollars in the market. If interest rates in the USA or European Union were to fall, that is likely to induce RBI to buy dollars. Which of the statements given above are correct? (2022) 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Q.2) With reference to the Indian economy, what are the advantages of “Inflation-Indexed Bonds (IIBs)”? Government can reduce the coupon rates on its borrowing by way of IIBs. IIGs provide protection to investors from uncertainty regarding inflation. The interest received as well as capital gains on IIBs are not taxable. Which of the statements given above are correct? (2022) 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Blue dragons Syllabus Prelims –ENVIRONMENT AND ECOLOGY Context: Venomous blue dragons were spotted near the seashore in Besant Nagar, Chennai recently. Background:- Usually found in open sea surface waters, they sometimes get pushed to the shore due to a storm or some oceanic condition. About Blue Dragons:- Scientific Name: Glaucus atlanticus Habitat: Open ocean Distribution: Atlantic, Pacific, and Indian Oceans Lifespan: Unknown, potentially up to one year It is a type of mollusc known as a nudibranch. They also are known as blue sea slugs, blue angels, and sea swallows. They are typically slow-moving, terrestrial, and slimy. They can’t move fast, or eat vegetables. It isn’t venomous all on its own, however, it stores the stinging nematocysts created by the creatures on which it feeds. Its sting can cause problems, especially to children and elderly. One sting from this little creature can lead to nausea, pain, vomiting, acute allergic contact dermatitis, and post-inflammatory hyperpigmentation. They are hermaphrodites. They are up to around 3cm (1.2 inch) long. They weigh up to 50g or less. They can be Blue, silver, or white in Colour. Their diet is Siphonophores and snails. MUST READ: National Surveillance Programme for Aquatic Animal Diseases SOURCE: THE NEW INDIAN EXPRESS PREVIOUS YEAR QUESTIONS Q.1) Which of the following organisms ·perform the waggle dance for others of their kin to indicate the direction and the distance to a source of their food? (2023) Butterflies Dragonflies Honeybees Wasps Q.2) Consider the following fauna : (2023) Lion-tailed Macaque Malabar Civet Sambar Deer How many of the above are generally nocturnal or most active after sunset? Only one Only two All three None Sahitya Akademi awards for 2023 Syllabus Prelims – IMPORTANT AWARDS/ ART AND CULTURE Context: Recently, Sahitya Akademi awards for 2023 were announced. Key Highlights of Sahitya Akademi Awards for 2023 :- Nine books of poetry, six novels, five short story collections, three essays and one literary study have won the Sahitya Akademi Awards this year. Tamil author Rajasekaran has been chosen for his novel Neervazhi Padooum, Telugu writer Patanjali Sastry for his short story collection and Malayalam litterateur,EV Ramakrishnan for his literary study Malayala Novelinte Deshakalangal. The authors who will receive the honour for their poetry collections include Vijay Verma in Dogri, Vinod Joshi in Gujarati, and Ashutosh Parida in Odia. The authors who have been chosen for their short stories include Pranavjyoti Deka in Assamese, Nandeswar Daimary in Bodo, and Taraceen Baskey in Santali. Sanjeev will get Sahitya Akademi Award for his Hindi novel Mujhe Pahachaano and Neelam Saran Gour will get the award for her English Novel Requiem in Raga Janki. The award, in the form of a casket containing an engraved copper plaque, a shawl, and one lakh rupees. The Award will be presented at the award presentation function on 12th March next year. About Sahitya Akademi awards:- Established: 12 March 1954. Given By: Sahitya Akademi, Government of India. Sahitya Akademi Award is a literary honour that is conferred annually. It was the First Time Conferred in 1955. It is awarded in Languages The Award is presented to the most outstanding books of literary merit published in any of the twenty-four major Indian languages recognized by the Akademi (including English). Sahitya Akademi Award is the second highest literary honour by the Government of India, after the Jananpith award. Decoration:- The Award in the form of an engraved copper-plaque, and a cash prize of Rs. 1,00,000/- Eligibility:- The author must be of Indian Nationality. Selection process:- For the main award/ Bhasha Samman conducted through a rigorous and confidential process overseen by experts – the body comprises one writer chosen from each of the 24 regional languages. Each member suggests 200 names, following which an expert committee finalises 50 in phase one → 5 in the next phase and finally, one of the five is shortlisted. MUST READ: Ustad Bismillah Khan Yuva Puraskar SOURCE: AIR PREVIOUS YEAR QUESTIONS Q.1) Consider the following pairs with regard to sports awards : (2023) Major Dhyan Chand:       For the most spectacular and outstanding performance and outstanding Khel Ratna Award performance over a period of the last four years. Arjuna Award:                   For the lifetime achievement of a sportsperson. Dronacharya Award:       To honour eminent coaches who have successfully trained sportspersons or teams. Rashtriya Khel:                 To recognize the contribution made by sportspersons even after their retirement. How many of the above pairs are correctly matched? Only one Only two Only three All four Q.2) Consider the following statements in respect of the 44th Chess Olympiad, 2022: (2023) It was the first time that Chess Olympiad was held in India. The official mascot was named Thambi. The trophy for the winning team in the open section is the Vera Menchik Cup. The trophy for the winning team in the women’s section is the Hamilton-Russell Cup. How many of the statements given above are correct? Only one Only two Only three All four Ex-Parte Decree Syllabus Prelims –POLITY Context: Recently, the Supreme Court recently held that a Civil Revision Petition under Section 115 of the Code of Civil Procedure, 1908 (CPC) is not maintainable against the dismissal of an application filed under Order IX Rule 13 of the CPC to set aside an ex-parte decree. Background:- The Court clarified that Section 115 cannot be invoked to challenge dismissals of applications seeking to set aside ex-parte decrees. Section 115 deals with the revisional powers of the High Court to scrutinize lower court judgments. About Ex-Parte Decree:- Ex-parte decrees are judicial orders issued without the other party’s participation, typically in urgent situations where one party claims irreparable harm or injustice. These decrees are temporary and subject to review upon a subsequent hearing involving both parties. These are commonly utilized in family law cases such as child custody, domestic violence, or divorce to ensure immediate protection for a party or a child facing imminent danger or harm. As per the CPC, there is no specific time limit mentioned to file an application to set aside the ex-parte order, but it is advisable to file the application as soon as possible after becoming aware of the ex-parte order. The applicant should provide supporting evidence to substantiate their claim. For example, if the ground for setting aside the order is improper service of summons, the applicant may need to provide proof that the summons was not served correctly. The court will schedule a hearing to consider the application. (the workings of the Supreme Court collegium) The court will assess the validity of the grounds presented by the applicant and may inquire into the circumstances that led to the ex-parte order. The court has the discretion to decide whether the grounds presented are sufficient and whether the ex-parte order should be set aside. The court may also impose conditions and terms, including costs and other factors, when setting aside the order. MUST READ: Criminal Procedure (Identification) Act, 2022 SOURCE: LIVELAW.IN PREVIOUS YEAR QUESTIONS Q.1) Consider the following organizations/bodies in India: (2023) The National Commission for Backward Classes The National Human Rights Commission The National Law Commission The National Consumer Disputes Redressal Commission How many of the above are constitutional bodies? Only one Only two Only three All four Q.2) Which of the following is/are the exclusive power(s) of Lok Sabha? (2022) To ratify the declaration of Emergency To pass a motion of no-confidence against the Council of Ministers To impeach the President of India Select the correct answer using the code given below: 1 and 2 2 only 1 and 3 3 only Iceland volcano Syllabus Prelims –GEOGRAPHY Context: A volcano erupted in Iceland’s Reykjavik with lava fountains reaching high up in the air recently. Background:- In just the past two years, there have been four eruptions on the Reykjanes Peninsula, Iceland’s most populated corner and home to its capital. About Iceland volcano:- A volcano is an opening in the Earth’s crust that allows molten rock, gases, and debris to escape to the surface. Movement of molten rock in the mantle, caused by thermal convection currents, coupled with gravitational effects of changes on the earth’s surface (erosion, deposition, even asteroid impact and patterns of post-glacial rebound) drive plate tectonic motion and ultimately volcanism. Types of Volcanos:- Active Volcanoes: they show some level of activity and are likely to explode again. Dormant Volcano: Many other volcanoes are dormant, showing no current signs of exploding but are likely to become active at some point in the future. ( Mauna Loa) Extinct Volcano: Has all the features of the volcano but has not erupted in historic times. Factors that lead to volcanism:- Plate Tectonics: The majority of volcanoes occur where two lithospheric plates converge and one overrides the other, forcing it down into the mantle to be reabsorbed. Ocean floor spreading: A major site of active volcanism is along the axis of the oceanic ridge system, where the plates move apart on both sides of the ridge and magma wells up from the mantle. Weak Earth Surface: Because of high pressure in the earth’s interior, the magma and gases escape with great velocity as the pressure is released through eruptions where opportunity is provided by weak zones along the earth’s surface. Faults: Whenever extreme pressure builds in the mantle, along fault lines an eruption is likely to happen next. The earthquakes, for instance, may expose fault zones through which magma may escape. Magma crystallization: Decreasing temperatures can cause old magma to crystallize and sink to the bottom of the chamber and this movement can force fresh liquid magma up and out – similar to dropping a brick in a bucket of water. A decrease in external pressure: A decrease in external pressure can trigger an eruption as it may minimize the volcano’s ability to hold back by increasing the pressures inside the magma chamber Plate movement: Volcanism may occur because of plate movement over a “hot spot” from which magmas can penetrate to the surface. Ex. Islands of Hawaii MUST READ: EARTHQUAKE SOURCE: TIMES OF INDIA PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements: (2022) High clouds primarily reflect solar radiation and cool the surface of the Earth. Low clouds have a high absorption of infrared radiation emanating from the Earth’s surface and thus cause a warming effect. Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Q.2) Consider the following statements: (2018) The Barren Island volcano is an active volcano located in the Indian territory. Barren Island lies about 140 km east of Great Nicobar. The last time the Barren Island volcano erupted was in 1991 and it has remained inactive since then. Which of the statements given above is/are correct? 1 only 2 and 3 3 only 1 and 3 Practice MCQs Daily Practice MCQs Q1) Consider the following pairs: INDICES ORGANIZATION Global Competitive Index World Bank Safe Cities Index The Economist Intelligence Unit (EIU) World Competitiveness Index International Institute for Management Development (IMD) How many of the above pairs are correctly matched? Only one Only two All three None Q2) Consider the following statements Statement-I : Extinct Volcanoes show some level of activity and are likely to explode again. Statement-II : Dormant Volcanoes show no current signs of exploding but are likely to become active at some point in the future. Which one of the following is correct in respect of the above statements? Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I Statement-I is correct but Statement II is incorrect Statement-I is incorrect but Statement II is correct Q3) With reference to the Blue Dragons, consider the following statements: Its sting is harmless. They are hermaphrodites. They can be only Blue in Colour. How many of the statements given above is/are correct? 2 only 1, 2 and 3 only 1 and 3 only 3 only Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  21st December 2023 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st ANSWERS FOR 20th December – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – c Q.2) – c Q.3) – c

Daily Prelims CA Quiz

UPSC Quiz – 2023 : IASbaba’s Daily Current Affairs Quiz 21st December 2023

For Previous Daily Quiz (ARCHIVES) - CLICK HERE The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative. Gear up and Make the Best Use of this initiative. Do remember that, “the difference between Ordinary and EXTRA-Ordinary is PRACTICE!!” Important Note: Don't forget to post your marks in the comment section. Also, let us know if you enjoyed today's test :)After completing the 5 questions, click on 'View Questions' to check your score, time taken, and solutions.To take the Test Click Here

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 20th December 2023<div class="pf-content"><h3 style="padding-left: 30px; text-align: right;"><span style="text-decoration: underline; color: #

Archives (PRELIMS & MAINS Focus)   Alternative Investment Funds Syllabus Prelims –ECONOMY Context: Recently, RBI directed banks to refrain from investing in any scheme offered by Alternative Investment Funds. Background:- RBI has further directed banks to liquidate their investment from such AIFs within thirty days. About Alternative Investment Funds:- Alternative investment funds (AIF) are effectively non-traditional privately pooled investment vehicles that cater to the funding needs of relatively high-risk ventures across a broad spectrum of the investing universe. The Securities and Exchange Board of India (SEBI), under the SEBI (Alternative Investment Funds) Regulations, 2012 (the “AIF Regulations”) regulates all pooling structures in India, including AIFs. (National Investment and Infrastructure Fund) Categories of AIFs:- Category I: Mainly invests in start-ups, SME’s or any other sector which Govt. considers economically and socially viable Category II: private equity funds or debt funds for which no specific incentives or concessions are given by the government or any other Regulator Category III: hedge funds or funds which trade with a view to making short term returns or such other funds which are open-ended and for which no specific incentives or concessions are given by the government Benefits of AIF:- Security against volatility – These schemes do not put their funds in investment options that trade publicly. Hence, they are not related to the broader markets and do not fluctuate with their ups and downs. Excellent portfolio diversification to a wide array of assets Profitable returns – as these funds have numerous investment options, They are a better source of passive income. Further, returns are less prone to fluctuations as these schemes are not linked to the stock market.  MUST READ: Ubharte Sitaare Alternative Investment Fund SOURCE: AIR PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements: (2022) In India, credit rating agencies are regulated by the Reserve Bank of India. The rating agency popularly known as ICRA is a public limited company. Brickwork Ratings is an Indian credit rating agency. Which of the statements given above are correct? 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Q.2) What does venture capital mean? (2014) A short-term capital provided to industries A long-term start-up capital provided to new entrepreneurs Funds provided to industries at times of incurring losses Funds provided for the replacement and renovation of industries Bahmani Kingdom Syllabus Prelims –MEDIEVAL HISTORY Context: Recently, Karnataka HC asked authorities to remove the encroachments of Bahmani Sultans’ fort in Kalaburagi. Background:- The High Court bench in Kalaburagi instructed civic authorities to clear 62 houses constructed inside the fort and 114 houses that have emerged in the surroundings of the fort. About Bahmani Kingdom:- The Bahmani Sultanate was a significant medieval Muslim state in the Deccan region of South India. It is also known as the Bahmanid Empire. It was established in 1347. The Bahmani Sultanate was founded by Hasan Bahman Shah, a governor appointed by the Delhi Sultanate. He declared independence and established his capital at Gulbarga. It lasted until 1527 when it fragmented into five smaller states. The Sultanate was administratively divided into four provinces (Daulatabad, Bidar, Berar, and Gulbarga) with tarafdars or subedars governing each. The sultanate was governed through a decentralized feudal system. Trade and commerce flourished in the Bahmani Sultanate due to its strategic location. The region was a center for international trade, particularly in horses, textiles, and spices. Around 1518, Krishnadeva Raya of the Vijayanagar Empire defeated the last ruler of the Bahmani Empire. (Kingdom of Vijayanagara) Art and Architecture:- The Bahmanis followed the Indo-Islamic style of architecture with a few changes. The buildings were constructed using local materials. An influence of Persian architecture could be seen in the buildings of this period. Examples of architecture could be found at Gulbarga (Shah bazaar mosque, Hafta Gumbaz, Jama masjid), at Bijapur (Gol Gumbaz, Ibrahim Roza, Bara Kaman, etc.), and at Bidar (Rangeen mahal, Janata mahal). It was during this period when a new dialect, ‘Dakhini Urdu’ prevailed. MUST READ: Malik Ahmed and Ahilyabai Holkar SOURCE: THE LAST MINUTE PREVIOUS YEAR QUESTIONS Q.1) With reference to Indian history, who of the following were known as “Kulah-Daran”? (2022) Arab merchants Qalandars Persian calligraphists Sayyids Q.2) According to Portuguese writer Nuniz, the women in the Vijayanagara empire were expert in which of the following areas? (2021) Wrestling Astrology Accounting Soothsaying Select the correct answer using the code given below: 1, 2 and 3 only 1, 3 and 4 only 2 and 4 only 1, 2, 3 and 4 Earthquake Syllabus Prelims –GEOGRAPHY Context: Recently, an earthquake in northwestern China killed at least 131 people. Background:- It has been the deadliest in 9 years. About Earthquake:- An earthquake is the shaking or trembling of the earth’s surface. It is caused by the seismic waves or earthquake waves that are generated due to a sudden movement (sudden release of energy) in the earth’s crust (shallow-focus earthquakes) or upper mantle (some shallow-focus and all intermediate and deep-focus earthquakes). Earthquake are by far the most unpredictable and highly distructive of all the natural disasters Causes of Earthquakes:- Fault Zones Plate tectonics (Anatolian Plate) Volcanic activity Human-Induced Earthquakes Measurement of Earthquakes:- The energy from an earthquake travels through Earth in vibrations called seismic waves. Scientists can measure these seismic waves on instruments called A seismograph, or seismometer,is an instrument used to detect and record earthquakes. Richter magnitude scale is the scale to measure the magnitude of energy released by an earthquake. Hypocentre/Focus:The point where the energy is released. Epicentre:The point on the surface directly above the focus. Isoseismic line: A line connecting all points on the surface where the intensity is the same. About China:- IMAGE SOURCE: guideoftheworld.com Capital: Beijing. Continent: Asia. China, lies in East Asia. It is the largest of all Asian countries. Its topography encompasses the highest and one of the lowest places on Earth. Its relief varies from nearly impenetrable mountainous terrain to vast coastal lowlands. Its climate ranges from extremely dry, desertlike conditions in the northwest to tropical monsoon in the southeast. The country is bounded by Mongolia to the north; Russia and North Korea to the northeast; the Yellow Sea and the East China Sea to the east; the South China Sea to the southeast; Vietnam, Laos, Myanmar (Burma), India, Bhutan, and Nepal to the south; Pakistan to the southwest; and Afghanistan, Tajikistan, Kyrgyzstan, and Kazakhstan to the west. China has more than 50,000 rivers with individual drainage areas exceeding 40 square miles (100 square km). Of the total annual runoff, about 95 percent drains directly into the sea (more than 80 percent into the Pacific Ocean, 12 percent into the Indian Ocean, and less than 1 percent into the Arctic Ocean and 5 percent disappears inland.  MUST READ: (Volcano) SOURCE: TIMES OF INDIA PREVIOUS YEAR QUESTIONS Q.1) Consider the following pairs: (2022) The region often mentioned in the news:   Country Anatolia                                                   Turkey Amhara                                                    Ethiopia Cabo Delgado                                          Spain Catalonia                                                   Italy How many pairs given above are correctly matched? Only one pair Only two pairs Only three pairs All four pairs Q.2) consider the following statements: (2020) Jet streams occur in the Northern Hemisphere only. Only some cyclones develop an eye. The temperature inside the eye of a cyclone is nearly 10°C lesser than that of the surroundings. Which of the statements given above is/are correct? 1 only 2 and 3 only 2 only 1 and 3 only Indian Coast Guard Syllabus Prelims –DEFENCE/ DISASTER MANAGEMENT Context: Recently, the Indian Coast Guard has deployed its ships, aircraft and disaster relief teams in flood-affected areas of South Tamil Nadu. Background:- Coast Guard said, they have saved 200 lives stranded in flood waters of Tuticorin and adjoining areas. About the Indian Coast Guard:- Established: August 1978. HQ: New Delhi. Ministry: Ministry of Defense. ICG was established by the Coast Guard Act, of 1978 as an independent Armed force of India. It is the fourth largest Coast Guard in the world. It has jurisdiction over the territorial waters of India, including its contiguous zone and exclusive economic zone. It is an Armed Force, Search and Rescue and Maritime Law Enforcement agency . For effective command and control, the Maritime Zones of India are divided into five Coast Guard Regions, namely: North-West ( Regional Headquarters in Gandhinagar) West (Regional Headquarters at Mumbai) East (Regional Headquarters at Chennai) North-East (Regional Headquarters at Kolkata) Andaman & Nicobar (Regional Headquarters at Port Blair) Functions:- Preventing Smuggling. (Defence Acquisition Council) It is responsible for marine environment protection in maritime zones of India and is the coordinating authority for response to oil spills in Indian waters. It has also rescued approximately 13,000 personnel till date during various ‘Aid to Civil Authority’ operations viz. assistance provided to civil authorities during floods, cyclones and other natural calamities; most recently during the recent floods in Maharashtra, Karnataka and Goa. It is also working in close coordination with Central and State agencies to put in place a robust coastal security mechanism. It is responsible for marine environment protection in maritime zones of India.  MUST READ: Self-reliance in defence SOURCE: AIR PREVIOUS YEAR QUESTIONS Q.1)With reference to Home Guards, consider the following statements: (2023) Home Guards are raised under the Home Guards Act and Rules of the Central Government. The role of the Home Guards is to serve as an auxiliary force to the police in the maintenance of internal security. To prevent infiltration on the international border/ coastal areas, the Border Wing Home Guards Battalions have been raised in some states. How many of the above statements are correct? Only one Only two All three None Q.2) Recently, India signed a deal known as ‘Action Plan for Prioritization and Implementation of Cooperation Areas in the Nuclear Field’ with which of the following countries? (2019) Japan Russia The United Kingdom The United States of America Rail Kaushal Vikas Yojana Syllabus Prelims – GOVERNMENT SCHEMES Context: Recently, Railway Minister Ashwini Vaishnaw said that  Indian Railways’ ‘Rail Kaushal Vikas Yojana’ graduates are not preferred for railway jobs. Background:- The statement comes as a response to a query by BJP MP Narayana Koragappa regarding job preferences for the trained youth. About Rail Kaushal Vikas Yojana:- Launched: September, 2021. Ministry: Ministry of Railway. Objective: imparting training skills to the youth across several trades to bring qualitative improvement. Rail Kaushal Vikas Yojana is a skill development scheme with a special focus on providing training for jobs that are relevant to the Railways. It is a sub-scheme under Pradhan Mantri Kaushal Vikas Yojana (PMKVY). Salient Features:- The training is imparted in fourteen (14) industry-relevant technical trades such as Electrician, Welder, Machinist, Fitter etc. The training is provided free of cost to the candidates. There is no provision for providing employment under this scheme. Participants will be selected from applications received online, following a transparent mechanism based on marks in matriculation. Candidates, who have passed class X and are aged between 18 and 35 are eligible to apply. After the end of the program, trainees have to pass a standardized assessment followed by a certificate in the allotted trade by the National Rail and Transportation Institute. Significance:- It will improve the employability of the youth as well as upgrade the skills of self-employed. It will also cater to those who are working with contractors through re-skilling and up–skilling. MUST READ: PM SVANidhi scheme SOURCE: FINANCIAL EXPRESS PREVIOUS YEAR QUESTIONS Q.1)Consider the following statements in the context of interventions being undertaken under the Anaemia Mukt Bharat Strategy: (2023) It provides prophylactic calcium supplementation for preschool children, adolescents, and pregnant women. It runs a campaign for delayed cord clamping at the time of childbirth. It provides for periodic deworming to children and adolescents. It addresses non-nutritional causes of anaemia in endemic pockets with a special focus on malaria, hemoglobinopathies, and fluorosis. How many of the statements given above are correct? Only one Only two Only three All four Q.2) With reference to Pradhan Mantri Kaushal Vikas Yojana, consider the following statements: (2018) It is the flagship scheme of the Ministry of Labour and Employment. It, among other things, will also impart training in soft skills, entrepreneurship, and financial and digital literacy. It aims to align the competencies of the unregulated workforce of the country to the National Skill Qualification Framework. Which of the statements given above is/are correct? 1 and 3 only 2 only 2 and 3 only 1, 2 and 3 LEADS report Syllabus Prelims –ECONOMY/IMPORTANT REPORTS Context: LEADS report 2023 was released recently. Background:- Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Sh. Piyush Goyal released the “Logistics Ease Across Different State (LEADS) 2023” report in New Delhi on 16th December 2023. Tamil Nadu has retained the top slot in the logistics ease across different states (LEADS) 2023 rankings. About LEADS report:- Launched:2018. Ministry: Ministry of Commerce & Industry. The LEADS index was launched by the Commerce and Industry Ministry and Deloitte. It was inspired by the Logistics Performance Index (LPI) of World Bank and has evolved over time. It ranks states on the score of their logistics services and efficiency that are indicative of economic growth. States are ranked based on the quality and capacity of key infrastructure such as road, rail and warehousing as well as on operational ease of logistics. Key Highlights of LEADS Report 2023:- The 5th edition of the LEADS annual exercise,signaled a positive shift in States’ performance across the key pillars – Logistics Infrastructure, Logistics Services and Operating and Regulatory Environment. This report is based on a pan-India primary survey, conducted between May and July 2023, covering over 7,300 responses across 36 States/UTs. Additionally, over 750 stakeholder consultations, facilitated by National, Regional, and State Associations, significantly contributed to this comprehensive evaluation. Performance Highlights: Coastal Group Achievers: Andhra Pradesh, Gujarat, Karnataka, Tamil Nadu Fast Movers: Kerala, Maharashtra Aspirers: Goa, Odisha, West Bengal   Landlocked Group Achievers: Haryana, Punjab, Telangana, Uttar Pradesh Fast Movers: Madhya Pradesh, Rajasthan, Uttarakhand Aspirers: Bihar, Chhattisgarh, Himachal Pradesh, Jharkhand   North-East Group Achievers: Assam, Sikkim, Tripura Fast Movers: Arunachal Pradesh, Nagaland Aspirers: Manipur, Meghalaya, Mizoram   Union Territories Achievers: Chandigarh, Delhi Fast Movers: Andaman & Nicobar, Lakshadweep, Puducherry Aspirers: Daman & Diu/ Dadra & Nagar Haveli, Jammu & Kashmir, Ladakh PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements: (2023) Statement-I: India accounts for 3·2% of the global export of goods. Statement-II: Many local companies and some foreign companies operating in India have taken advantage of India’s ‘Production-linked Incentive’ scheme. Which one of the following is correct in respect of the above statements? Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I Statement-I is correct but Statement II is incorrect Statement-I is incorrect but Statement II is correct Q.2) In the context of finance, the term ‘beta’ refers to (2023) the process of simultaneous buying and selling of an asset from different platforms · an investment strategy of a portfolio manager to balance risk versus reward a type of systemic risk that arises where perfect hedging is not possible a numeric value that measures the fluctuations of a stock to changes in the overall stock market. Practice MCQs Daily Practice MCQs Q1) Consider the following pairs: REPORTS ORGANIZATION Global Financial System Report Bank for International Settlements (BIS) Universal Health Coverage Index World Bank The Programme for International Student Assessment (PISA) Organisation for Economic Development (OECD) How many of the above pairs are correctly matched? Only one Only two All three None Q2) Consider the following statements Statement-I : Tamil Nadu has retained the top slot in the logistics ease across different states (LEADS) 2023 rankings. Statement-II : This was the 6th edition of the LEADS Reports. Which one of the following is correct in respect of the above statements? Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I Statement-I is correct but Statement II is incorrect Statement-I is incorrect but Statement II is correct Q3) With reference to the Rail Kaushal Vikas Yojana, consider the following statements: The training is provided free of cost to the candidates. There is a provision for providing employment under this scheme. Candidates, who have passed class X and are aged between 18 and 35 are eligible to apply. How many of the statements given above is/are correct? 2 only 1, 2 and 3 only 1 and 3 only 3 only Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  20th December 2023 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st ANSWERS FOR 19th December – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – b Q.2) – c Q.3) – c

Daily Prelims CA Quiz

UPSC Quiz – 2023 : IASbaba’s Daily Current Affairs Quiz 20th December 2023

For Previous Daily Quiz (ARCHIVES) - CLICK HERE The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative. Gear up and Make the Best Use of this initiative. Do remember that, “the difference between Ordinary and EXTRA-Ordinary is PRACTICE!!” Important Note: Don't forget to post your marks in the comment section. Also, let us know if you enjoyed today's test :)After completing the 5 questions, click on 'View Questions' to check your score, time taken, and solutions.To take the Test Click Here