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DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 2nd February 2024

Archives (PRELIMS & MAINS Focus)   Interim Budget Syllabus Prelims –POLITY Context: Recently, Prime Minister Shri Narendra Modi hailed the Interim Budget as “not merely an interim budget but an inclusive and innovative budget.” Background:- The Prime Minister further said, “This budget will empower all pillars of developed India – the youth, the poor, women, and farmers.” About Interim Budget:- The 1 Comment is the annual financial statement with the estimated costs and expenses of the government for the following financial year. During an election year, the incumbent government cannot present a full budget owing to which the finance ministers present an interim Budget that covers the government’s expenses and revenues for a short period. This is till a new government is elected and takes charge. After the Lok Sabha elections, the new government presents a full budget. The presentation of an interim budget follows the same schedule as the Union budget would in a regular financial year. The interim Budget includes estimates for the government’s expenditure, revenue, fiscal deficit, financial performance and projections for just a few months. No major policy announcements that can burden the next government can be presented in the interim Budget. There is no constitutional provision for an interim budget. However, it has become a common practice for outgoing governments ahead of polls. Vote-on-account: The Parliament passes a vote-on-account through the interim Budget which allows the government to obtain Parliamentary approval for essential government spending such as salaries and ongoing expenses.  MUST READ: Major Bills in the Budget Session of Parliament SOURCE: PIB PREVIOUS YEAR QUESTIONS Q.1) With reference to anti-defection law in India, consider the following statements: (2022) The law specifies that a nominated legislator cannot join any political party within six months of being appointed to the House. The law does not provide any time-frame within which the presiding officer has to decide a defection case. Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Q.2) Along with the Budget, the Finance Minister also places other documents before the Parliament which include ‘The Macro Economic Framework Statement’. The aforesaid document is presented because this is mandated by (2020) Long standing parliamentary convention Article 112 and Article 110(1) of the Constitution of India Article 113 of the Constitution of India Provisions of the Fiscal Responsibility and Budget Management Act, 2003 Highlights of Interim Budget 2024-25 Syllabus Prelims –ECONOMY Context: Recently, Interim Budget 2024-25 was presented. About Highlights of Interim Budget 2024-25:- Government will launch a scheme to help deserving sections of the middle class “living in rented houses, or slums, or chawls and unauthorized colonies” to buy or build their own houses. Rooftop solarization — one crore households will be enabled to obtain up to 300 units of free electricity every month. PM Awas Yojana (Grameen)– Two crore more houses will be taken up in the next five years to meet the requirement arising from an increase in the number of families. Vaccination for girls in the age group of 9 to 14 years for prevention of cervical cancer. Upgradation of Anganwadi centres under “Saksham Anganwadi and Poshan 2.0” will be expedited. U-WIN platform for managing immunization and intensified efforts of Mission Indradhanush will be rolled out expeditiously. Extension of healthcare cover under Ayushman Bharat scheme to all ASHA workers, Anganwadi Workers and Helpers. Application of Nano DAP on various crops will be expanded in all agro-climatic zones. A strategy will be formulated to achieve ‘atmanirbharta’ for oil seeds. A comprehensive programme for supporting dairy farmers will be formulated. Implementation of Pradhan Mantri Matsya Sampada Yojana (PMMSY). The government aims to enhance the target for Lakhpati Didi from 2 crore to 3 crore. A corpus of rupees one lakh crore will be established with fifty-year interest free loan. A new scheme will be launched for strengthening deep-tech technologies for defence purposes and expediting ‘atmanirbharta’. Three major economic railway corridor programmes will be implemented. Expansion of Metro and NaMO Bharat will be supported in large cities focusing on transit-oriented development. Viability gap funding will be provided for harnessing offshore wind energy potential. Coal gasification and liquefaction capacity of 100 MT will be set up by 2030. A scheme for restoration and adaptation measures, and coastal aquaculture and mariculture with integrated and multi-sectoral approach will be launched. States will be encouraged to take up comprehensive development of iconic tourist centres, branding and marketing them at global scale. Under the new tax scheme, there is now no tax liability for tax payers with income up to Rs. 7 lakh, up from Rs. 2.2 lakh in the financial year 2013-14. Corporate tax rate was decreased from 30 per cent to 22 per cent for existing domestic companies and to 15 per cent for certain new manufacturing companies  MUST READ: Economic Survey Summary 2022-23 SOURCE: THE INDIAN EXPRESS PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements: Tight monetary policy of US Federal Reserve could lead to capital flight. Capital flight may increase the interest cost of firms with existing External Commercial Borrowings (ECBs). Devaluation of domestic currency decreases the currency risk associated with ECBS. 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 ‘Banks Board Bureau (BBB)’, which of the following statements are correct? (2022) The Governor of RBI is the Chairman of BBB. BBB recommends for the selection of heads for Public Sector Banks. BBB helps the Public Sector Banks in developing strategies and capital raising plans. 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 Corruption Perceptions Index (CPI) 202 Syllabus Prelims –IMPORTANT REPORTS Context: Recently, the Corruption Perceptions Index (CPI) 2023 has been released. About Corruption Perceptions Index (CPI) 2023:- Published by: Transparency International. It is an international non -governmental organisation founded in 1993 based in Berlin, Germany The Corruption Perception Index (CPI) is an annual assessment that ranks countries by their perceived levels of public sector corruption. The CPI ranks 180 countries and territories by their perceived levels of public sector corruption on a score of zero (highly corrupt) to 100 (very clean). Factors Considered:- Public Sector Corruption. Judicial and Law Enforcement Transparency. India ranked 93 among 180 nations. India’s overall score in 2023 was 39, a minor decrease from 40 in 2022. The index scores countries on a scale of 0 to 100, where a higher score indicates lower perceived corruption and a cleaner public sector. Top Three Countries: Denmark, Finland and New Zealand. Bottom Spots: Somalia, Venezuela, Syria, South Sudan and Yemen.  MUST READ: Climate Change Performance Index(CCPI) 2023 SOURCE: THE INDIAN EXPRESS PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements in respect of Bharat Ratna and Padma Awards: (2021) Bharat Ratna and Padma Awards are titled under Article 18(1) of the Constitution of India. Padma Awards, which were instituted in the year 1954, were suspended only once. The number of Bharat Ratna Awards is restricted to a maximum of five in a particular year. Which of the above statements is not correct? 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Q.2) The Global Competitiveness Report is published by the (2019) International Monetary Fund United Nations Conference on Trade and Development World Economic Forum World Bank Martand sun temple Syllabus Prelims –ART AND CULTURE Context: Recently, defying ASI Protocols,a Group Of Hindus Storm Into Martand Sun Temple, Hoist Saffron Flag & Perform Parikrama. Background:- Defying the staff of the Archaeological Survey of India, a group of Hindus forced their entry into the ASI protected Martand Sun Temple in J&K’s Anantnag district the same day the ‘Pran Pratishtha’ took place at the Ram Temple in Ayodhya. About Martand sun temple:- The Martand Sun Temple also known as Pandou Laidan is a Hindu temple dedicated to Surya (the chief solar deity in Hinduism) . It was built during the 8th century CE. It was built by King Lalitaditya Muktapida of the Karkota Dynasty. It is dedicated to the Sun God. Martand is another Sanskrit synonym for Surya. (Indian temple architecture ‘Devayatanam’) The temple is a fine example of Kashmiri architecture and is renowned for its grandeur and artistic excellence. It reflects a blend of Greek, Roman, Iranian, and Indian architectural styles. The main shrine, dedicated to the Sun God, was originally surrounded by 84 smaller shrines. It stands in the middle of a large courtyard with 86 fluted columns. The courtyard is connected to the main shrine, where Sun God’s idol was installed.  MUST READ: Modhera Sun temple SOURCE: FREE PRESS JOURNAL  PREVIOUS YEAR QUESTIONS Q.1) With reference to Chausath Yogini Temple situated near Morena, consider the following statements: (2021) It is a circular temple built during the reign of 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 are correct? 1 and 2 2 and 3 Only 1 and 4 2, 3 and 4 Q.2) Which of the following is/are famous for Sun temples? (2017) Arasavalli Amarakantak Omkareshwar Select the correct answer using the code given below : 1 only 2 and 3 only 1 and 3 only 1, 2 and 3 Ayush Diksha Syllabus Prelims – GOVERNMENT INITIATIVES Context: Recently, the Foundation Stone Laying Ceremony for the construction of ‘Ayush Diksha’ will be held on 20th January 2024. Background:- The Ceremony will be held at Central Ayurveda Research Institute (CARI), Bharatpur, Bhubaneshwar, Odisha. About Ayush Diksha:- Ministry: Ministry of Ayush. (AYUSH sector) Ayush Diksha is a Human Resource Development Centre of the Government of India’, of Central Council for Research in Ayurvedic Sciences. The Ayush Diksha project with an approved budget of Rs.30 crore will promote state-of-the-art facilities. The construction will consist of two Auditoriums with a capacity of 30-40 trainees each, 40 Central Air Conditioned Rooms with attached bathrooms for apprentice accommodation, and VIP and VIP suites. An area dedicated to a natural library and discussion room, adequate parking space, Modular pantry, dining lounges and other necessary facilities are included. The Institute will provide a teaching training programme to all the stakeholders of Ayush in general and Ayurveda in particular at the national level. It will also help in collaborating with other national institutions for capacity development, strengthening human resources in Ayurveda, facilitating research and development, maintaining high-quality standards and generating revenue besides achieving self-sufficiency.  MUST READ: Ayush Mark Certification Scheme SOURCE: PIB PREVIOUS YEAR QUESTIONS Q.1) Atal Innovation Mission is set up under the (2019) Department of Science and Technology Ministry of Labour and Employment NITI Aayog Ministry of Skill Development and Entrepreneurship Q.2) ‘SWAYAM’, an initiative of the Government of India, aims at (2016) promoting the Self Help Groups in rural areas providing financial and technical assistance to young start-up entrepreneurs promoting the education and health of adolescent girls providing affordable and quality education to the citizens for free Snow Leopards Syllabus Prelims –ENVIRONMENT AND ECOLOGY Context: Recently, the National Board for Wildlife meeting in New Delhi witnessed the release of the report on the Status of Snow Leopards in India. Background:- The Snow Leopard Population Assessment in India (SPAI) Program is the first-ever scientific exercise that reports Snow leopard population of 718 individuals in India. The Wildlife Institute of India (WII) served as the National Coordinator for the SPAI. About Snow Leopards:- Scientific Name: Panthera uncia. Snow leopards are native to the alpine regions of Central Asia. The 12 snow-leopard range countries are – Afghanistan, Bhutan, China, India, Mongolia, Kazakhstan, Kyrgyzstan, Nepal, Tajikistan, Pakistan, Russia and Uzbekistan. In India, snow leopards inhabit the higher Himalayan and trans-Himalayan region at an altitude between 3,000-5,400 metres. Snow Leopard capital of the world: Hemis, Ladakh. Snow leopards act as an indicator of the health of the mountain ecosystem. Conservation status:- IUCN : Vulnerable. Wildlife Protection Act, 1972: Schedule I. Convention on International Trade of Endangered Species (CITES): Appendix I. MUST READ: Status Of Leopards Report released SOURCE: WILDLIFE INSTITUTE OF INDIA PREVIOUS YEAR QUESTIONS Q.1) Which of the following is not a bird? (2022) Golden Mahseer Indian Nightjar Spoonbill White Ibis Q.2) Certain species of which one of the following organisms are well known as cultivators of fungi? (2022) Ant Cockroach Crab Spider Practice MCQs Daily Practice MCQs Q1) Consider the following pairs: SPECIES IUCN Gharial Critically Endangered Bengal Roof Turtle Endangered Pondicherry Shark Least Concern How many of the above pairs are correctly matched? Only one Only two All three None  Q2) Consider the following statements Statement-I : The Martand Sun Temple also known as Pandou Laidan is a Hindu temple dedicated to Surya (the chief solar deity in Hinduism) . Statement-II : It was built during the 7th century CE. 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 Snow Leopard , consider the following statements: Its common name is Panthera uncia. Snow leopards are native to the alpine regions of South Asia. It is listed in Appendix I Convention on International Trade of Endangered Species (CITES). 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 ’  2nd February  2024 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st ANSWERS FOR 1st February – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – b Q.2) – d Q.3) – c

Daily Prelims CA Quiz

UPSC Quiz – 2024 : IASbaba’s Daily Current Affairs Quiz 1st February 2024

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 – 1st February 2024

Archives (PRELIMS & MAINS Focus)   Antyodya Anna Yojna (AAY) Syllabus Prelims –GOVERNMENT SCHEMES Context: Recently, the Union Cabinet approved an extension of the scheme of sugar subsidy for Antyodya Anna Yojna (AAY) families. Background:- The Union Cabinet chaired by Prime Minister Shri Narender Modi approved the extension of scheme for two more years i.e. 31 March 2026. About Antyodya Anna Yojna (AAY):- Launched: December, 2000. Ministry: Ministry of Consumer Affairs, Food, and Public Distribution. Objective: to provide food grains at a highly subsidized rate under TPDS (Targeted Public Distribution System). Salient Features:- All beneficiaries under the AAY scheme will get food and other important commodities for daily needs in a subsidized process. Distribution of food grains to beneficiaries will be done through the public distribution system. Under the AAY scheme wheat will be provided for Rs.3 per Kg and Rice will be given for Rs.2 per Kg. Eligible families will get 35 Kg of rice per month. AAY families can buy 1 kg of sugar at a rate of Rs.18.50 per Kg via ration shop. Identification of beneficiaries:- Central and State Governments of India will identify the beneficiaries for AAY scheme. Once the Government is identified, the AAY family will be provided with different colour of ration card. Eligibility for Antyodaya Anna Yojana:- Family members falling under the poverty line can apply for this scheme. Annual income of Rs.15000 below families are eligible. Disabled persons can apply for this scheme. Widows and senior citizens of 60 years who heading a family can apply. Tribal Families in rural and mountain areas are eligible for this scheme. Allocation of Food Grains:- Monthly allocation of food grains under Antyodaya Anna Yojana is around 8.51 lakh tones per month. MUST READ: Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) SOURCE: PIB 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) Consider the following statements in relation to Janani Suraksha Yojana: (2023) It is a safe motherhood intervention of the State Health Departments. Its objective is to reduce maternal and neonatal mortality among poor pregnant women. It aims to promote institutional delivery among poor pregnant women. Its objective includes providing public health facilities to sick infants up to one year of age. How many of the statements given above are correct? Only one Only two Only three All four Laughing gull Syllabus Prelims –ENVIRONMENT AND ECOLOGY Context: Recently, in a first in the country, a laughing gull from North America was spotted at Chittari estuary in Kasaragod. Background:- The bird is known for its unique laughter-like calls and has travelled thousands of kilometres to reach the southern State. About Laughing Gull:- These are coastal species and are only occasionally seen very far inland. These birds are mainly found on the Atlantic coast of North America, the Caribbean, and northern South America. Medium-sized gull, with a length of around 16 to 18 inches. During the breeding season, adults have a black head, dark grey wings, and a reddish bill. Non-breeding adults and juveniles have a mottled brownish-grey appearance. Black or dark hood during breeding, and a long, slender, slightly drooping bill.( Atapaka Bird Sanctuary) Conservation Status:- IUCN: Least Concern  MUST READ: Animal Welfare Board of India (AWBI) SOURCE: THE HINDU PREVIOUS YEAR QUESTIONS Q.1) Consider the following pairs (2022) Wetland/Lake:                              Location Hokera Wetland                    Punjab Renuka Wetland                    Himachal Pradesh Rudrasagar Lake                    Tripura Sasthamkotta                        Tamil Nadu How many pairs given above are correctly matched? Only one pair Only two pairs Only three pairs All four pairs Q.2) Which of the following is not a bird? (2022) Golden Mahseer Indian Nightjar Spoonbill White Ibis Enforcement Directorate (ED) Syllabus Prelims –ECONOMY Context: Recently, the Enforcement Directorate (ED) officials have arrested a sitting Chief Minister Hemant Soren from Jharkhand. Background:- Although, Hemant Soren has tendered his resignation as Chief Minister of Jharkhand to Governor CP Radhakrishnan. About Enforcement Directorate (ED):- The Enforcement Directorate is a multi-disciplinary organizationfounded in 1956. 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. It works under the Department of Revenue, Ministry of Finance. Headquarters:New Delhi. The functions of the Directorate include the enforcement of the following Acts:- The Prevention of Money Laundering Act, 2002 (PMLA) ( CBI and ED 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 the fugitive economic offenders who have escaped from India warranting arrest and providing for the confiscation of their properties to the Central Government. (UPSC CSE: Fugitive Economic Offenders) Director of Enforcement:- Appointed by the central governmenton 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 agenciesor indirectly. It is made up of representatives from the police, excise, customs, and income tax departmentsof the Indian Revenue Services (IRS), the Indian Police Services (IPS), and the Indian Administrative Services (IAS).  MUST READ: CBI and ED 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 is correct? 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Q.2) With reference to the ‘Banks Board Bureau (BBB)’, which of the following statements is correct? (2022) The Governor of RBI is the Chairman of BBB. BBB recommends the selection of heads for Public Sector Banks. BBB helps the Public Sector Banks develop strategies and capital raising plans. 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 Sada Tanseeq Syllabus Prelims –DEFENSE Context: Recently, India and Saudi Arabia are conducted their first Joint Military Exercise named as Sada Tanseeq. Background:- In a major boost of ties the militaries of India and Saudi Arabia are conducting their first Joint Military Exercise named as Sada Tanseeq. About Sada Tanseeq:- Date: 29th January to 10th February 2024. Venue: Mahajan, Rajasthan. Saudi Arabian Contingent Royal Saudi Land Forces, 45 personnel. Indian Army Contingent comprised of a Battalion from the Brigade of the Guards (Mechanised Infantry), 45 personnel. It aims to share best practices in the tactics, techniques, and procedures of conducting operations in sub-conventional domains. It aims to Develop interoperability between the two contingents. It aims to facilitate bonho Other exercises:- Exercise Al-Mohad Al-Hindi. MUST READ: INS Trikand SOURCE: FINANCIAL EXPRESS PREVIOUS YEAR QUESTIONS Q.1) Consider the following in respect of the Indian Ocean Naval Symposium (IONS): (2017) Inaugural IONS was held in India in 2015 under the chairmanship of the Indian Navy. IONS is a voluntary initiative that seeks to increase maritime cooperation among navies of the littoral states of the Indian Ocean Region. Which of the above statements is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Q.2) With reference to the Indian Regional Navigation Satellite System (IRNSS), consider the following statements : (2018) IRNSS has three satellites in geostationary and four satellites in geosynchronous orbits. IRNSS covers entire India and about 5500 sq. km beyond its borders. India will have its own satellite navigation system with full global coverage by the middle of 2019. Which of the statements given above is/are correct? 1 only 1 and 2 only 2 and 3 only None Goods and Services Tax (GST) Syllabus Prelims –ECONOMY Context: Recently, the Delhi High Court upheld the constitutional validity of anti-profiteering provisions in the Goods and Services Tax (GST). Background:- The Delhi High Court on Monday upheld the constitutional validity of anti-profiteering provisions in the Goods and Services Tax (GST). More than 100 companies, including Hindustan Unilever, Patanjali, Jubilant Foodworks, and Phillips, filed petitions against the provisions. About Goods and Services Tax (GST):- Launched:2017. Goods and Services Tax is an indirect tax used in India on the supply of goods and services. It is a value-added tax levied on most goods and services sold for domestic consumption. It was launched as a comprehensive indirect tax for the entire country. It is of three types:- CGST: levied by the Centre SGST: levied by the States and IGST: levied on all Inter-State supplies of goods and/or services. GST Council:- The 101st Amendment Act of 2016 (122nd Amendment Bill),paved the way for the implementation of GST. (GST Appellate Tribunal) The GST Council is a joint forum of the Centre and the states under Article 279-A of the constitution. Article 279-A.gives the President the authority to appoint a GST Council by executive order. The members of the Council include the Union Finance Minister (chairperson), and the Union Minister of State (Finance) from various states. As per Article 279, it is meant to “make recommendations to the Union and the states on important issues related to GST, like the goods and services that may be subjected or exempted from GST, model GST Laws”. It also decides on various rate slabs of GST. Benefits of GST:- Automated tax ecosystem:It helped the country in transitioning to an automated indirect tax ecosystem. Better Compliance:GST helped in achieving better tax compliance by subsuming multiple taxation and reducing in taxation burden in the last four years. E-invoice and More Revenue: The E-invoicing system helped reduce fake invoicing. The use of technology with online bill generation has resulted in smoother consignment movement and much fewer disputes with officials. MUST READ: GST- Five years on SOURCE: BUISINESS STANDARD PREVIOUS YEAR QUESTIONS Q.1) In India, the Central Bank’s function as the “lender of last resort” usually refers to which of the following? (2021) Lending to trade and industry bodies when they fail to borrow from other sources Providing liquidity to the banks having a temporary crisis Lending to governments to finance budgetary deficits Select the correct answer using the code given below 1 and 2 2 only 2 and 3 3 only Q.2) What is/are the most likely advantages of implementing ‘Goods and Services Tax (GST)’? (2017) It will replace multiple taxes collected by multiple authorities and will thus create a single market in India. It will drastically reduce the ‘Current Account Deficit’ of India and will enable it to increase its foreign exchange reserves. It will enormously increase the growth and size of the economy of India and will enable it to overtake China in the near future. Select the correct answer using the code given below: 1 only 2 and 3 only 1 and 3 only 1, 2 and 3 Gangetic dolphin Syllabus Prelims –ENVIRONMENT AND ECOLOGY Context: Recently, a Gangetic dolphin was rescued in Odisha. Background:- It may be an indicator of more freshwater dolphins in the river. About Gangetic dolphin:- Common Name: Susu Scientific Name : Platanista gangetica gangetica (Dolphins) Status: Endangered (IUCN). Habitat: Ganges river dolphins prefer deep waters, in and around the confluence of rivers. Distribution: India covers seven states namely, Assam, Uttar Pradesh, Madhya Pradesh, Rajasthan, Bihar, Jharkhand and West Bengal. The upper Ganga River (in Uttar Pradesh), Chambal River (Madhya Pradesh and Uttar Pradesh), Ghaghra and Gandak Rivers (Bihar and Uttar Pradesh), Ganga River, from Varanasi to Patna (Uttar Pradesh and Bihar), Son and Kosi rivers (Bihar), Brahmaputra from Sadia (foothills of Arunachal Pradesh) upto Dhubri (on the Bangladesh border) and Kulsi River, a tributary of the Brahmaputra River, form ideal habitats for the Ganges river dolphin. The Ganges river dolphin has a sturdy, yet flexible, body with large flippers and a low triangular dorsal fin. Females are larger than males. They are among the oldest creatures in the world along with some species of turtles, crocodiles, and sharks. The Gangetic Dolphins are generally blind. They emit an ultrasonic sound that reaches the prey. Threats:- Direct killing. habitat fragmentation by dams and barrages. Indiscriminate fishing.  MUST READ: Zebrafish SOURCE: DOWN TO EARTH PREVIOUS YEAR QUESTIONS Q1. Which one of the following makes a tool with a stick to scrape insects from a hole in a tree or a log of wood? (2023) Fishing cat Orangutan Otter Sloth bear Q2. Which of the following is not a bird? (2022) Golden Mahseer Indian Nightjar Spoonbill White Ibis Practice MCQs Daily Practice MCQs Q1) Consider the following pairs: SCHEME MINISTRY Pradhan Mantri Matru Vandana Yojna Ministry of Women and Child Development Pradhan Mantri Awas Yojna Ministry of Finance Rashtriya Swachhta Kendra Ministry of Jal Shakti How many of the above pairs are correctly matched? Only one Only two All three None Q2) Consider the following statements Statement-I : Antyodya Anna Yojna (AAY) is under the Ministry of Agriculture. Statement-II : It aims to provide food grains at a highly subsidized rate under TPDS (Targeted Public Distribution System). 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 Gangetic dolphin, consider the following statements: Its scientific name is Susu. They emit an ultrasonic sound that reaches the prey. They are among the oldest creatures in the world. How many of the statements given above is/are correct? 1 only 1, 2 and 3 only 2 and 3 only 3 only Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  1st February  2024 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st ANSWERS FOR 31st January – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – a Q.2) – d Q.3) – b

Daily Prelims CA Quiz

UPSC Quiz – 2024 : IASbaba’s Daily Current Affairs Quiz 1st February 2024

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

[CURRENT AFFAIRS] IAS UPSC REVAMPED Current Affairs Magazine December 2023

/*! elementor - v3.16.0 - 12-09-2023 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=".svg"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} Archives /*! elementor - v3.16.0 - 12-09-2023 */ .elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block} Hello Friends,This is December 2023 of IASbaba’s REVAMPED Current Affairs Monthly Magazine. Current Affairs for UPSC Civil Services Examination is an important factor in this preparation.An effort towards making your Current Affairs for IAS UPSC Preparation qualitative. We hope you make the best use of it!This edition covers all Important current affairs issues that were in the news for the month of December 2023.Kindly leave your feedback in the comment section below on the new design and presentation of the magazine. We would love to hear from you! Download The Magazine - December 2023 /*! elementor - v3.16.0 - 12-09-2023 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}Important Topics Covered In The Magazine Includes: Parliament Security Breach Constitutional Secularism Uttarakhand Tunnel Rescue Mission Peace Arrangements In Manipur Conference On Disarmament UNFCCC COP 28 And Much More..... Download The Magazine - December 2023 To get Regular Updates from IASbaba, follow-TELEGRAM Channel – https://t.me/IASbabaOfficialAccountYOUTUBE – https://www.youtube.com/channel/UChvbVdio9Wgj7Z3nQz1Q0ZQFACEBOOK – https://www.facebook.com/iasbaba/Also, SUBSCRIBE to the WEBSITE Below, so that you don’t miss out on important posts!Thank YouIASbaba

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 31st January 2024

Archives (PRELIMS & MAINS Focus)   International Monetary Fund (IMF) Syllabus Prelims –ECONOMY Context: Recently, the International Monetary Fund (IMF) has increased its GDP growth estimate for India to 6.7 per cent for the current financial year. Background:- It is 40 basis points higher than its previous forecast of 6.3 per cent. About the International Monetary Fund (IMF):- It is an international organizationthat works to achieve sustainable growth and prosperity for all of its member countries. Established in 1944 HQ:Washington, D.C. (United States of America) Members: 190 India is a member. Any other state, whether or not a member of the UN, may become a member of the IMF. Structure:– At the top of its organization is the Board of Governors. The day-to-day workof the IMF is overseen by its 24-member Executive Board. The Managing Directoris the head of the IMF staff and Chair of the Executive Board. S/he is assisted by four Deputy Managing Directors. Funding:the IMF’s resources mainly come from the money that countries pay as their capital subscription (quotas) when they become Objectives of IMF:- Foster global monetary cooperation. Secure financial stability. Facilitate international trade. Promote high employment and sustainable economic growth. Reduce povertyaround the world. ( Role of IMF) Macroeconomic growth. Policy advice & financingfor developing countries. Promotion of exchange rate stability, and an international payment system. Functions:- Lending The IMF provides loans including emergency loansto member countries experiencing actual or potential balance of payments problems. The aim is to help them rebuild their international reserves, stabilize their currencies, continue paying for imports, and restore conditions for strong economic growth while correcting underlying problems. Surveillance The IMF monitors the international monetary systemand global economic developments. It identifies risks and recommends policiesfor growth and financial stability. Capacity Development The IMF provides technical assistance and training to governments, including central banks, finance ministries, revenue administrations, and financial sector supervisory agencies. FLAGSHIP PUBLICATIONS:- World Economic Outlook Global Financial Stability Report Fiscal Monitor MUST READ: IMF and World Economic Outlook SOURCE: AIR PREVIOUS YEAR QUESTIONS Q.1) “Rapid Financing Instrument” and “Rapid Credit Facility” are related to the provisions of lending by which of the following: (2022) Asian Development Bank International Monetary Fund United Nations Environment Programme Finance Initiative World Bank Q.2) With reference to the “G20 Common Framework”, consider the following statements: (2022) It is an initiative endorsed by the G20 together with the Paris Club. It is an initiative to support Low-Income Countries with unsustainable debt. Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 LiFE (Lifestyle for Environment) Syllabus Prelims –ENVIRONMENT AND ECOLOGY Context: Recently, a national exhibition and programme of environment-friendly activities on the LiFE (Lifestyle for Environment) themes is being organized on 9th & 10th February 2024, at India Gate, Delhi. Background:- The event will highlight how the youth can inspire behavioural change that leads to individual and collective action towards an environmentally conscious lifestyle. About LiFE (Lifestyle for Environment):- LiFE is an India-led global movement to nudge individuals to take simple yet effective environment-friendly actions in their daily lives. Aim: to bring individual behaviours to the forefront of the global climate action LiFE envisions replacing the prevalent ‘use-and-dispose’ economy with a circular economy, which would be defined by mindful and deliberate utilisation. Approach:- Focus on Individual Behaviours: Make Life a mass movement (Jan Andolan) by focusing on behaviours and attitudes of individuals and communities. Co-create Globally: Crowdsource empirical and scalable ideas from the best minds of the world, through top universities, think tanks and international organisations. Leverage Local Cultures: Leverage climate-friendly social norms, beliefs and daily household practices of different cultures worldwide to drive the campaign. Objectives :- It aims to promote an environmentally conscious lifestyle that focuses on ‘mindful and deliberate utilization’ instead of ‘mindless and wasteful consumption’. It aims to utilise the power of collective action. It aims to nudge individuals across the world to undertake simple climate-friendly actions in their daily lives. It aims to create and nurture a global network of individuals, namely ‘Pro-Planet People’ (P3). Pro-Planet People’ (P3): to have a shared commitment to adopt and promote environmentally friendly lifestyles. It seeks to leverage the strength of social networks to influence social norms surrounding climate. MUST READ: National Clean Air Programme SOURCE: PIB PREVIOUS YEAR QUESTIONS Q.1)The “Common Carbon Metric” supported by UNEP, has been developed for (2021) Assessing the carbon footprint of building operations around the world. Enabling commercial farming entities around the world to enter carbon emission trading. Enabling governments to assess the overall carbon footprint caused by their countries. Assessing the overall carbon footprint caused by the use of fossil fuels by the world in a unit of time. Q.2) “R2 Code of Practices” constitute a tool available for promoting the adoption of (2021) Environmentally responsible practices in the electronics recycling industry. Ecological management of ‘’Wetlands of International Importance” under the Ramsar Convention. Sustainable practices in the cultivation of agricultural crops in degraded lands. ‘’Environmental Impact Assessment’’ in the exploitation of natural resources. Pension Fund Regulatory and Development Authority (PFRDA) Syllabus Prelims –ECONOMY Context: Recently, PFRDA has invited bids for the selection of a System Integrator (SI) for the design, development, implementation and maintenance of PFRDA-TRACE (Tracking Reporting Analytics & Compliance E-Platform). Background:- PFRDA-TRACE will serve as a comprehensive tool for submitting regulatory and supervisory compliance reports by intermediaries. About Pension Fund Regulatory and Development Authority (PFRDA):- The Pension Fund Regulatory and Development Authority (PFRDA) is a statutory regulatory body established under the Pension Fund Regulatory and Development Authority Act, 2013. It was established to oversee the National Pension System (NPS) and regulate India’s pensions sector. Functions:- The Pension Fund Regulatory and Development Authority (PFRDA) is a legislative body created by Parliament to regulate, promote, and maintain the orderly expansion of the National Pension System (NPS) and pension schemes covered by this Act. It is a central autonomous body that functions as a quasi-government organisation with executive, legislative, and judicial powers similar to the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority (IRDA), and the Insolvency and Bankruptcy Board of India (IBBI). PFRDA administers and regulates the National Pension System (NPS) and also administers the Atal Pension Yojana. It is responsible for appointing numerous intermediary agencies, such as Pension Fund Managers and the Central Record Keeping Agency (CRA), among others. MUST READ: The Securities Appellate Tribunal (SAT) SOURCE: PIB 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 Oman Syllabus Prelims – INTERNATIONAL RELATIONS Context: Recently, Prime Minister, Shri Narendra Modi today praised a Republic Day joint India-Oman musical performance performed at the Embassy Reception at Indian embassy in Oman. Background:- The Prime Minister posted on X : “Very creative. I appreciate all those who were a part of this effort.” About Oman:- IMAGE SOURCE: WorldAtlas Capital: Muscat. Oman, occupies the southeastern coast of the Arabian Peninsula at the confluence of the Persian Gulf and Arabian Sea. In contrast to the stark interior, the coastal regions are much more hospitable. Oman’s lush northern coast lies between the sea and inland mountains. Northern Oman is dominated by three physiographic zones. The long narrow coastal plain known as Al-Bāṭinah stretches along the Gulf of Oman. The high, rugged Ḥajar Mountains extend southeastward, parallel to the gulf coast, from the Musandam Peninsula to a point near Cape al-Ḥadd at the easternmost tip of the Arabian Peninsula. Much of the range reaches elevations above 4,800 feet (1,463 metres). Mount Shams (“Sun Mountain”), at an elevation of 9,777 feet (2,980 metres), is the country’s highest point. The climate is hot and dry in the interior and hot and humid along the coast. Arabic is the official language. The population of Oman is primarily urban but has a number of traditional rural settlements. MUST READ: India-Oman Defence Relations SOURCE: PIB PREVIOUS YEAR QUESTIONS Q.1) 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 Q2). What is the importance of developing Chabahar Port by India? (2017) India’s trade with African countries will enormously increase. India’s relations with oil-producing Arab countries will be strengthened. India will not depend on Pakistan for access to Afghanistan and Central Asia. Pakistan will facilitate and protect the installation of a gas pipeline between Iraq and India. Dhenkanal Magji Syllabus Prelims – GEOGRAPHY Context: Recently, Dhenkanal Magji got the GI Tag. About Dhenkanal Magji:- Location: Odisha. Dhenkanal Magji is a type of sweet made from cheese from buffalo milk, with distinct characteristics in terms of appearance, taste, flavour, shape, and size. It also has unique nutritional values that distinguish it from other cheese-based sweets. Thousands of people were said to be earning their livelihood through animal husbandry, especially buffalo rearing, during the British era. The region was the hinterland of buffalo milk production and cheese was the third largest produce, after milk and curd. The Mandar-Sadangi area of Gondia block is believed to be the centre of origin of the sweet stuff, which has now been spread to the entire district. The sweet is prepared by draining moisture from the cheese and then frying it, finally forming balls from the mixture. MUST READ: GI Tag for Mithila Makhana SOURCE: THE HINDU PREVIOUS YEAR QUESTIONS Q.1) System of Rice Intensification” of cultivation, in which alternate wetting and drying of rice fields is practised, results in: (2022) Reduced seed requirement Reduced methane production Reduced electricity consumption 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 pre-packed items in India, it is mandatory to the manufacturer to put which of the following information on the main label, as per the Food Safety and Standards (Packaging and Labelling) Regulation, 2011? (2016) List of ingredients including additives Nutrition information Recommendations, if any, made by the medical profession about the possibility of any allergic reaction Vegetarian/non-vegetarian Select the correct answer using the codes given below: 1, 2 and 3 only 2, 3 and 4 only 1, 2 and 4 only 1 and 4 only INS Sumitra Syllabus Prelims –DEFENSE Context: Recently, the Indian Navy’s INS Sumitra rescued fishermen hijacked by pirates along the east coast of Somalia and the Gulf of Aden. Background:- The Iranian-flagged Fishing Vessel (FV) Iman was hijacked by pirates along the East coast of Somalia and the Gulf of Aden. About INS Sumitra:- Designed and constructed: Goa Shipyard Limited. INS Sumitra is a new-generation naval offshore patrol vessel which has joined the Eastern Naval Command in Chennai. It is the fourth and last Saryu-class patrol vessel of the Indian Navy. It is based on an indigenous design . The ship has a range of 6,500 nautical miles. It is propelled by two diesel engines. It is capable of embarking one Dhruv/Chetak helicopter. It was commissioned in 2014 and is based in Chennai under the Eastern Naval Command. The primary role of the ship is to undertake surveillance of the country’s exclusive economic zone (EEZ) besides other operational tasks such as anti-piracy patrols, fleet support operations, maritime security of offshore assets, and escort operations. It is designed to undertake fleet support operations, coastal and offshore patrolling, ocean surveillance and monitoring of sea lines of communications and offshore assets and escort duties. MUST READ: NAVDEX 23 and IDEX 23 SOURCE: HINDUSTAN TIMES PREVIOUS YEAR QUESTIONS Q.1) What is “Terminal High Altitude Area Defense (THAAD)”, sometimes seen in the news? (2018) An Israeli radar system India’s indigenous anti-missile programme An American anti-missile system A defense collaboration between Japan and South Korea Q.2) With reference to Agni-IV Missile, which of the following statements is/are correct? (2014) It is a surface-to-surface missile. It is fueled by liquid propellant only. It can deliver one-ton nuclear warheads about 7500 km away. Select the correct answer using the code given below: 1 only 2 and 3 only 1 and 3 only 1,2, and 3 Practice MCQs Daily Practice MCQs Q1) Consider the following pairs: WARSHIP CATEGORY INS Kamorta PROJECT 28 INS Imphal Project 15B INS Mormugao Project-75 How many of the above pairs are correctly matched? Only one Only two All three None Q2) Consider the following statements Statement-I : International Monetary Fund (IMF) was established in 1947. Statement-II : It has 190 members. 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 Dhenkanal Magji, consider the following statements: The sweet is prepared by draining moisture from the cheese and then frying it, finally forming balls from the mixture. It also has unique nutritional values that distinguish it from other cheese-based sweets. It is a type of sweet made from cheese from buffalo milk. How many of the statements given above is/are correct? 2 only 1, 2 and 3 only 2 and 3 only 3 only Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  31st January 2024 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st ANSWERS FOR 30th January – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – a Q.2) – b Q.3) – c

Daily Prelims CA Quiz

UPSC Quiz – 2024 : IASbaba’s Daily Current Affairs Quiz 31st January 2024

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 20] 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 20 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. What do you consider as your primary source of inner strength? How has this helped you in tough times? Share a situation where you had to rely heavily on your inner strength. What did you learn about yourself in the process? How do you cultivate and maintain your inner strength? Discuss any practices or beliefs that you find particularly helpful. Set 2: Analyse the following issue:  The I2U2 (India, Israel, UAE, and USA) grouping is a new diplomatic and economic collaboration. It aims to address various global challenges like food security, climate change, and energy sustainability. Let’s explore this – What potential benefits and challenges do you foresee for India in the I2U2 grouping? How can India leverage this partnership to advance its interests and contribute to global solutions? 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 – 30th January 2024

Archives (PRELIMS & MAINS Focus)   'K-shaped' recovery Syllabus Prelims – ECONOMY Context: Recently, Finance Minister Nirmala Sitharaman challenged the narrative that India’s economy has seen a ‘K-shaped’ recovery after the Covid-19 pandemic. Background:- Finance Minister Nirmala Sitharaman recently said that a narrative is being built that the Indian economy is not in good shape. About’K-shaped’ recovery:- A K-shaped recovery occurs when, following a recession, different parts of the economy recover at different rates, times, or magnitudes. This is in contrast to an even, uniform recovery across sectors, industries, or groups of people. Economic Recovery is the business cycle stage following a recession that is characterized by a sustained period of improving business activity. Economic recovery can take many forms, which is depicted using alphabetic notations. For example, a Z-shaped recovery, V-shaped recovery, U-shaped recovery, elongated U-shaped recovery, W-shaped recovery, L-shaped recovery and K-shaped recovery. A K-shaped recovery leads to changes in the structure of the economy or the broader society as economic outcomes and relations are fundamentally changed before and after the recession. This type of recovery is called K-shaped because the path of different parts of the economy when charted together may diverge, resembling the two arms of the Roman letter “K.” MUST READ: Expected Economic Recovery SOURCE: INDIA TODAY PREVIOUS YEAR QUESTIONS Q.1) With reference to the ‘Banks Board Bureau (BBB)’, which of the following statements is correct? (2022) The Governor of RBI is the Chairman of BBB. BBB recommends the selection of heads for Public Sector Banks. BBB helps the Public Sector Banks in developing strategies and capital-raising plans. 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) Consider the following statements: (2021) The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government. Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in the public interest. The Governor of the RBI draws his power from the RBI Act. Which of the above statements is correct? 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Sagarmala Program Syllabus Prelims – GOVERNMENT SCHEMES Context: Recently, the Ministry of Ports, Shipping and Waterways (MoPSW) during the 75th Republic Day parade proudly unveiled its Tableaux, a visual representation of the visionary Sagarmala Program. Background:- This flagship program has significantly reduced turnaround times, enhancing cargo handling efficiency across ports. About Sagarmala Program:- Launched: The concept of Sagarmala was approved by the Union Cabinet on 25th March 2015. Ministry: Ministry of Ports, Shipping and Waterways (MoPSW). Objective: to promote port-led development in the country. Historical Background:- As part of the program, a National Perspective Plan (NPP) for the comprehensive development of India’s coastline and maritime sector has been prepared which was released by the Hon’ble Prime Minister, on 14th April 2016 at the Maritime India Summit 2016. Salient Features:- The vision of the Sagarmala Program is to reduce logistics costs for EXIM and domestic trade with minimal infrastructure investment. This includes: Reducing the cost of transporting domestic cargo through optimizing modal mix Lowering logistics cost of bulk commodities by locating future industrial capacities near the coast Improving export competitiveness by developing port proximate discrete manufacturing clusters Optimizing time/cost of EXIM container movement. It aims to develop access to new development regions with intermodal solutions and promotion of the optimum modal split, enhanced connectivity with main economic centres and beyond through expansion of rail, inland water, coastal and road services. Components:- The Sagarmala Program broadly consists of 5 components which are: Port Modernization & New Port Development Port Connectivity Enhancement Port-linked Industrialization Coastal Community Development Promotion of Coastal Shipping & Inland Waterways in India. Benefits:- It will create jobs and bridge skill gaps in ports and the maritime sector.( Shipping Industry in India) MUST READ: Sagarmala Seaplane Services (SSPS) SOURCE: PIB PREVIOUS YEAR QUESTIONS Q.1) Consider the following in respect of the Indian Ocean Naval Symposium (IONS): (2017) Inaugural IONS was held in India in 2015 under the chairmanship of the Indian Navy. IONS is a voluntary initiative that seeks to increase maritime cooperation among navies of the littoral states of the Indian Ocean Region. Which of the above statements is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 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. World Trade Organization (WTO) Syllabus Prelims –ECONOMY Context: Recently, the US blocked a fresh proposal to restart the dispute settlement mechanism at the World Trade Organization (WTO). Background:- This is the 73rd occasion when a proposal moved by Guatemala, a Central American country, on behalf of 130 members was not able to launch the selection processes. The US has been blocking the appointment of new judges to the WTO’s seven-member appellate court since 2017 on grounds of judicial activism at the WTO and concerns over US sovereignty. About World Trade Organization (WTO):- Established: 1995. HQ: Geneva, Switzerland. Members: 164 members. India is a member of WTO. (China’s Developing Status at WTO) The WTO operates the global system of trade rules. It helps developing countries build their trade capacity. It also provides a forum for its members to negotiate trade agreementsand resolve the trade problems they face with each other. Historical Background:- It was established following the Marrakesh Agreementwhich was ratified on April 15, 1994. The General Agreement on Tariff and Trade was substituted by the Marrakesh Agreement. The GATT was only a set of rules and multilateral agreements and lacked institutional structure. The GATT 1947 was terminated and WTO preservedits provisions in the form of GATT 1994 and continues to govern trade in goods. It is the only global international organization dealing with the rules of trade between nations. Functions of WTO:- Establishing and Enforcing Rules for International Trade Negotiating trade rules Overseeing WTO agreements Maintaining open trade Settling disputes Collaboration Between International Economic Institutions Safeguarding The Trading Interest of Developing Countries MUST READ: China’s Developing Status at WTO SOURCE: THE INDIAN EXPRESS PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements about G-20: (2023) The G-20 group was originally established as a platform for the Finance Ministers and Central Bank Governors to discuss the International economic and financial issues. Digital public infrastructure is one of India’s G-20 priorities. 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 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.3) Consider the following statements: (2019) The United Nations Convention against Corruption (UNCAC) has a ‘Protocol against the Smuggling of Migrants by Land, Sea and Air’. The UNCAC is the ever-first legally binding global anti-corruption instrument. A highlight of the United Nations Convention against Transnational Organized Crime (UNTOC) is the inclusion of a specific chapter aimed at returning assets to their rightful owners from whom they had been taken illicitly. The United Nations Office on Drugs and Crime (UNODC) is mandated by its member states to assist in the implementation of both UNCAC and UNTOC. Which of the statements given above is correct? 1 and 3 only 2, 3 and 4 only 2 and 4 only 1, 2, 3 and 4 Idate Commission Syllabus Prelims –POLITY Context: Recently, the National Human Rights Commission (NHRC) emphasised the importance of executing the recommendations of the Idate Commission report. Background:- NHRC organized an open house discussion on the Protection of Nomadic, Semi Nomadic and De-Notified Tribes in India and forward trajectory. About Idate Commission:- Established: 2014. Headed by: Bhiku Ramji Idate. Objective: to compile a statewide catalogue of Denotified, Nomadic, and Semi-Nomadic Tribes (DNTs). In May 2018, the National Commission for Denotified Nomadic and Semi-Nomadic Tribes, submitted its report. The commission was constituted for a three-year temporary term. It had to submit its report identifying these communities state-wise, assessing their development status, and recommending ways to uplift them. Important Recommendations:- The report has called Denotified Nomadic and Semi-Nomadic Tribes poorest of the poor, most marginalised and most downtrodden communities who are subject to social stigma, atrocity and exclusion. The commission has recommended giving protection to Denotified Nomadic and Semi-Nomadic Tribes in the communities under the Atrocities Act. The Idate Commission has recommended a Constitutional amendment so that Scheduled NT/ DNT/ SNT can be added as a third category after Scheduled Castes and Scheduled Tribes in the Act. Assign individuals not identified in the SCs/STs/OBCs list to the OBC category. Create a permanent commission with legal standing for the DNTs, SNTs, and NTs. Form a distinct department to address the welfare of these communities in states with significant populations. Undertake a thorough survey of DNT families to determine their estimated numbers and distribution. Major Committees/Commissions for NTs, SNTs, and DNTs Communities:- The Criminal Tribes Inquiry Committee, 1947. Ananthasayanam Ayyangar Committee, 1949. Kaka Kalelkar Commission (also called first OBC Commission), 1953. The B P Mandal Commission, 1980. MUST READ: Giving Human Rights Commissions more teeth SOURCE: NHRC PREVIOUS YEAR QUESTIONS Q.1) Under the Indian constitution concentration of wealth violates(2021) The Right to Equality The Directive Principles of State Policy The Right to Freedom The Concept of Welfare Q.2) With reference to India, consider the following statements: (2021) Judicial custody means an accused is in the custody of the concerned magistrate and such an accused is locked up in a police station, not in jail. During judicial custody, the police officer in charge of the case is not allowed to interrogate the suspect without the approval of the court. Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Sloth bears Syllabus Prelims –ENVIRONMENT AND ECOLOGY Context: Recent reports show Sloth bears mostly coexist peacefully with humans in Karnataka. Background:- Enhancing habitat connectivity, minimising human-wildlife interaction zones, and implementing responsible waste management practices key to mitigating conflict, says survey. About Sloth bears:- Scientific Name: Melursus ursinus. Distribution:India, Sri Lanka, and southern Nepal. Population: 90% of the globalSloth Bear population is found in India. Habitat:dry and moist forests and in some tall grasslands, where boulders, scattered shrubs, and trees provide shelter. Size:5 to 6 feet (1.5 to 2 meters). Weight:90 to 140 kilograms. Food:They primarily eat termites and ants. They have poor senses of sightand hearing. They have a good sense of smell. Sloth bears’ nostrils can close completely, protecting the animals from dust or insects when raiding termite nests or beehives. Threats:- Habitat loss. Poaching for body parts. Human action: are sometimes captured for use in performances or hunted because of their aggressive behavior and destruction of crops. Protection Status:- IUCN Red List: Vulnerable CITES listing:Appendix I Indian Wildlife Protection Act, 1972:Schedule MUST READ: Cheetah Reintroduction SOURCE: DOWN TO EARTH PREVIOUS YEAR QUESTIONS Q.1) Which one of the following makes a tool with a stick to scrape insects from a hole in a tree or a log of wood? (2023) Fishing cat Orangutan Otter Sloth bear Q.2) With reference to India’s Desert National Park, which of the following statements is correct? (2020) It is spread over two districts. There is no human habitation inside the Park. It is one of the natural habitats of the Great Indian Bustard. 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 Kashmiri saffron Syllabus Prelims –GEOGRAPHY Context: Recently, As per recent reports Kashmiri saffron, can be the new silver. Background:- Selling now at ₹3.25 lakh per kg, this sought-after condiment from Kashmir is costlier than precious metal. About Kashmiri saffron:- Saffron production has long been restricted to a limited geographical area in the Union territory of Jammu & Kashmir. Pampore region, in India, commonly known as Saffron bowl of Kashmir, is the main contributor to saffron production. The unique characteristics of Kashmir saffron are its longer and thicker stigmas, natural deep-red colour, high aroma, bitter flavour, chemical-free processing, and high quantity of crocin (colouring strength), safranal (flavour) and picrocrocin (bitterness). In India, saffron Corms (seeds) are cultivated during the months of June and July and at some places in August and September. It starts flowering in It is known for medicinal properties such as lowering blood pressure, treating anemia, migraines, and aiding insomnia. Possesses cosmetic benefits, enhancing skin quality, reducing pigmentation, and minimizing spots. Integral part of traditional dishes. MUST READ:  New genus of parasitic flowering plant SOURCE: THE HINDU  PREVIOUS YEAR QUESTIONS Q.1) Consider the following trees: (2023) Jackfruit (Artoca7pus heterophyllus) Mahua (Madhuca indica) Teak (Tectona grandis) How many of the above are deciduous trees? Only one Only two All three None Q.2) Consider the following statements: (2023) Some mushrooms have medicinal properties. Some mushrooms have · psychoactive properties. Some mushrooms have insecticidal properties. Some mushrooms have bioluminescent properties. How many of the above statements are correct? · Only one Only two Only three All four Hazrat Nizamuddin Aulia Dargah Syllabus Prelims –ART AND CULTURE Context: Recently, French President Emmanuel Macron visits Hazrat Nizamuddin Aulia Dargah in Delhi. Background:- During a banquet hosted by President Droupadi Murmu, Macron expressed gratitude for the warm welcome extended to his delegation and reaffirmed the longstanding friendship between India and France. About Hazrat Nizamuddin Aulia Dargah:- Hazrat Nizamuddin Aulia Dargah is located in Delhi’s Nizamuddin West area. It is the mausoleum of the famous Sufi saint, Nizamuddin Auliya (1238-1325 CE). Syed Muhammad Nizamuddin Auliya was one of the most famous Sufi saints from the Indian subcontinent region. Also known as Hazrat Nizamuddin and Mahbub-e-Ilahi (Beloved of God), he was a Sunni Muslim scholar and Sufi saint of the Chishti Order. It was built in the 14th Century C.E. It consists of a square chamber surrounded by verandas, which are pierced by arched openings. The dome is ornamented by vertical stripes of black marble and is crowned by a lotus-cresting. Towards the north side of Dargah, there is a stepwell.  MUST READ: Ajmer Sharif Dargah SOURCE: TIMES OF INDIA  PREVIOUS YEAR QUESTIONS Q.1) With reference to Indian history, consider the following texts: (2022) Nettipakarana Parishishtaparvan Avadanashataka Trishashtilakshana Mahapurana Which of the above are Jaina texts 1,2 and 3 2 and 4 only 1,3 and 4 2, 3 and 4 Q.2) With reference to the cultural history of India, consider the following pairs: (2020) Parivrajaka — Renunciant and Wanderer Shramana — Priest with a high status Upasaka — Lay follower of Buddhism Which of the pairs given above are correctly matched? 1 and 2 only 1 and 3 only 2 and 3 only 1, 2 and 3 Practice MCQs Daily Practice MCQs Q1) Consider the following pairs: SPECIES IUCN STATUS Kondana Rat Vulnerable Hog deer Least concern Kharai Camel Endangered How many of the above pairs are correctly matched? Only one Only two All three None Q2) Consider the following statements Statement-I : WTO was established following the Marrakesh Agreement which was ratified on April 15, 1994. Statement-II : The General Agreement on Tariff and Trade was substituted by the Marrakesh Agreement. 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 Hazrat Nizamuddin Aulia Dargah , consider the following statements: It was built in the 12th Century C.E. It consists of a square chamber surrounded by verandas. It is the mausoleum of the famous Sufi saint, Nizamuddin Auliya. How many of the statements given above is/are correct? 2 only 1, 2 and 3 only 2 and 3 only only Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  30th January 2024 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st ANSWERS FOR 29th January – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – a Q.2) – d Q.3) – c

Daily Prelims CA Quiz

UPSC Quiz – 2024 : IASbaba’s Daily Current Affairs Quiz 30th January 2024

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