Syllabus
Context: Recently, the Navy carried out a twin Carrier Battle Group (CBG) operation involving both of India’s aircraft carriers INS Vikramaditya and INS Vikrant.
About INS Vikramaditya:-

IMAGE SOURCE: The Times of India
Features:-
INS Vikrant

IMAGE SOURCE: THE INDIAN EXPRESS
Carrier Battle Group (CBG)
Significance of Indian Navy’s twin CBG operation:-
MUST READ: Operation Ganga
SOURCE: THE INDIAN EXPRESS
PREVIOUS YEAR QUESTIONS
Q.1) Consider the following in respect of the Indian Ocean Naval Symposium (IONS): (2017)
Which of the above statements is/are correct?
Q.2) Which one of the following is the best description of ‘INS Astradharini’, that was in the news recently? (2016)
Syllabus
Context: Recently, the Securities and Exchange Board of India (SEBI) directed existing Mutual Funds ‘Execution-Only Platforms’ (EOPs) to obtain registration within three months.
About Execution only platform (EOP):-

IMAGE SOURCE: Fuste
Historical Background:-
Current Status:-
Categories of EOP
Securities and Exchange Board of India (SEBI)
Historical Background:-
Members:-
Functions of SEBI:-
Powers of SEBI:-
MUST READ: Mutual Funds (MF) Risk-o-meter becomes effective
SOURCE: BUISINESSSLINE
PREVIOUS YEAR QUESTIONS
Q.1) Consider the following statements: (2022)
Which of the statements given above is correct?
Q.2) With reference to the Indian economy, what are the advantages of “Inflation-Indexed Bonds (IIBs)”? (2022)
Which of the statements given above is correct?
Syllabus
Context: Recently, the Reserve Bank of India (RBI), allowed wilful defaulters involved in frauds to go in for a compromise settlement with respective banks to settle their dues.
About Wilful defaulters:-
the capacity to honour these commitments.
diverted for other purposes.
the purpose of securing a term loan.
Reasons for wilful defaults:-
Steps By Government:-
Reserve Bank of India (RBI)
Structure of RBI:-
Functions of the RBI:-
MUST READ: Non-Performing Assets (NPAs)
SOURCE: THE INDIAN EXPRESS
PREVIOUS YEAR QUESTIONS
Q.1) In India, which one of the following is responsible for maintaining price stability by controlling inflation? (2022)
Q.2) With reference to the Indian economy, consider the following statements: (2022)
Which of the statements given above is correct?
Syllabus
Context: Recently, the United Nations Educational, Scientific and Cultural Organisation (UNESCO) announced that the United States will rejoin it after 4 years.
About United Nations Educational, Scientific and Cultural Organisation (UNESCO):-

IMAGE SOURCE: vividmaps.com
Functions of UNESCO:-
Notable Programs and Activities of UNESCO:-
Issue of USA Leaving UNESCO
India and UNESCO
Objectives of UNESCO’s Mission in India:-
Indian National Commission for Cooperation with UNESCO (INCCU)
MUST READ: Seabed
SOURCE: THE INDIAN EXPRESS
PREVIOUS YEAR QUESTIONS
Q.1) Consider the following pairs: (2022)
The region often mentioned in the news: Country
How many pairs given above are correctly matched?
Q.2) The term “Levant” often heard in the news roughly corresponds to which of the following regions? (2022)
Syllabus
Context: Recently, the Prime Minister praised the initiative of the first Janjatiya Khel Mahotsav.
About Janjatiya Khel Mahotsav:-
MUST READ: Integrating tribal knowledge systems
SOURCE: PIB
PREVIOUS YEAR QUESTIONS
Q.1) With reference to India, the terms ‘Halbi, Ho and Kui’ pertain to (2021)
Q.2) Consider the following statements about Particularly Vulnerable Tribal Groups (PVTGs) in India: (2019)
Which of the statements given above is correct?
Syllabus
Context: Recently, Hubble captured a jellyfish galaxy JO206 lying 700 million light-years away.
About jellyfish galaxy JO206:-
Aquarius constellation
MUST READ: India’s Space Economy
SOURCE: THE INDIAN EXPRESS
PREVIOUS YEAR QUESTIONS
Q.1) If a major solar storm (solar flare) reaches the Earth, which of the following are the possible effects on the Earth? (2022)
Select the correct answer using the code given below:
Q.2) Which one of the following is a reason why astronomical distances are measured in light-years? (2021)
Syllabus
Context: The National Institutional Ranking Framework (NIRF) Ranking 2023 was announced recently, showcasing the excellence and achievements of various educational institutions in India.
About National Institutional Ranking Framework (NIRF) Ranking:
Major Highlights of NIRF Ranking 2023:
Significance:
Criticisms of the ranking framework:
Insufficient quality parameters:
One-size-fits-all approach:
Ranking Vs accreditation:
Lack of international faculty:
Suggestive measures:
Way Forward:
Thus, no matter how rigorous the methods, university rankings invariably involve some level of ambiguity. The NIRF’s emphasis on rankings can lead to unhealthy competition between universities, fostering a culture that puts metrics in front of the thing they are trying to measure: excellence in education and research.
Source: The Hindu
Syllabus
Context: The recent rail accident in Balasore in Odisha, involving the collision of three trains, is a tragic reminder of the challenges that India’s Rail services are facing.
About India’s Rail services:
Train Accidents: An Overview
Challenges and Shortcomings:
2021 CAG Report: CAG submitted another report for the year ended March 2021.
Initiatives taken by the Government
Way Forward:
Accidents per million train kilometre have fallen over the last decade, but poor maintenance of tracks and the rolling stock and overstretched staff are problems that the Railways can no longer camouflage with glitzy facades. The accident in Balasore should prompt India’s railways development plans onto the right track.
Safety measures including anti-collision systems are expanding, but evidently not at an adequate pace. More important will be the corrective measures by the Railways at the operational and planning levels. It will have to find more resources to modernise and rationalise its priorities.
Q1) Consider the following regarding, INS VIKRANT:
Which of the above statements is/are incorrect?
Q2) Consider the following regarding, Wilful defaulters:
Which of the above statements is/are correct?
Q3) Consider the following regarding, Galaxy JO206 :
Which of the above statements is/are correct?
Comment the answers to the above questions in the comment section below!!
ANSWERS FOR ’ 16th June 2023 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st
Q.1) – d
Q.2) – a
Q.3) -d