Daily Current Affairs Quiz- 1st December 2023
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The Daily Current Affairs Quiz questions are based on various national and regional newspapers, including government news sources.
The questions are framed on happenings around you to enhance your competitiveness for news based concepts and facts.
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Question 1 of 4
1. Question
Consider the following statements with respect to NISAR,
1. NASA-ISRO SAR (NISAR) is a Medium Earth Orbit (MEO) observatory being jointly developed by NASA and ISRO.
2. It will map the entire globe in 12 days and provide spatially and temporally consistent data for understanding changes in Earth’s ecosystems, ice mass, vegetation biomass, sea level rise, ground water and natural hazards including earthquakes, tsunamis, volcanoes and landslides.
3. NASA is responsible for providing the S-Band SAR payload system in which the ISRO supplied L-Band SAR payload.
4.The NISAR mission will observe sea ice characteristics over the seas surrounding India’s Antarctic polar stations, can be used to detect the marine oil spill and disseminate the spill location during accidental oil seepage for preventive measures.
Which of the statements given above is/are incorrect?Correct
Answer: (b) Only two
NASA-ISRO SAR (NISAR) is a Low Earth Orbit (LEO) observatory being jointly developed by NASA and ISRO. NASA is responsible for providing the L-Band SAR payload system in which the ISRO supplied S-Band SAR payload.Incorrect
Answer: (b) Only two
NASA-ISRO SAR (NISAR) is a Low Earth Orbit (LEO) observatory being jointly developed by NASA and ISRO. NASA is responsible for providing the L-Band SAR payload system in which the ISRO supplied S-Band SAR payload.Hint
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Question 2 of 4
2. Question
Recently the central government’s fiscal deficit reached 45% of the budget target in the first seven months of the current financial year, a deficit is usually financed through borrowing from which of the following below?
1. Reserve of India
2. Capital market
3. Treasury bills
4. Bonds
Select the correct answer from the options given?
a) 1, 2, and 4
b) 2, 3 and 4
c) 1, 2 and 3
d) All of the aboveCorrect
d) All of the above
The central government’s fiscal deficit reached 45% of the budget target in the first seven months of the current financial year. The buoyancy in the tax collection is largely driven by direct taxes with income tax mop-up showing 31% year-on-year growth and corporate taxes growing at 17.4%.
A deficit is usually financed through borrowing from either the central bank of the country or raising money from capital markets by issuing different instruments like treasury bills and bondsIncorrect
d) All of the above
The central government’s fiscal deficit reached 45% of the budget target in the first seven months of the current financial year. The buoyancy in the tax collection is largely driven by direct taxes with income tax mop-up showing 31% year-on-year growth and corporate taxes growing at 17.4%.
A deficit is usually financed through borrowing from either the central bank of the country or raising money from capital markets by issuing different instruments like treasury bills and bondsHint
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Question 3 of 4
3. Question
The Global Stocktake (GST), Sometimes seen in the news is related to which of the following?
a) It’s an Initiative of WTO to ensure that global trade flows smoothly, predictably, and freely.
b) Crude oil prices are determined by The Organization of the Petroleum Exporting Countries (OPEC) based on GST.
c) Objectives of The European Union (EU) to Promote Solidarity between countries and people in the field of the economy, social equality and regions.
d) To assess the collective progress towards achieving the purpose of [the Paris] Agreement and its long-term goals.Correct
(d) To assess the collective progress towards achieving the purpose of [the Paris] Agreement and its long-term goals.
The global stocktake is a process for countries and stakeholders to see where they’re collectively making progress towards meeting the goals of the Paris Climate Change Agreement – and where they’re not. The global stocktake is like taking inventory. It means looking at everything related to where the world stands on climate action and support, identifying the gaps, and working together to chart a better course forward to accelerate climate action. The stocktake takes place every five years, with the first-ever stocktake set to conclude at COP28.
It is intended to inform the next round of climate action plans under the Paris Agreement (nationally determined contributions, or ‘NDCs’) to be put forward by 2025.
By evaluating where the world stands when it comes to meeting the goals of the Paris Agreement and using its inputs, the stocktake can help policymakers and stakeholders strengthen their climate policies and commitments in their next round of NDCs, paving the way for accelerated action. (Source UNFCCC)Incorrect
(d) To assess the collective progress towards achieving the purpose of [the Paris] Agreement and its long-term goals.
The global stocktake is a process for countries and stakeholders to see where they’re collectively making progress towards meeting the goals of the Paris Climate Change Agreement – and where they’re not. The global stocktake is like taking inventory. It means looking at everything related to where the world stands on climate action and support, identifying the gaps, and working together to chart a better course forward to accelerate climate action. The stocktake takes place every five years, with the first-ever stocktake set to conclude at COP28.
It is intended to inform the next round of climate action plans under the Paris Agreement (nationally determined contributions, or ‘NDCs’) to be put forward by 2025.
By evaluating where the world stands when it comes to meeting the goals of the Paris Agreement and using its inputs, the stocktake can help policymakers and stakeholders strengthen their climate policies and commitments in their next round of NDCs, paving the way for accelerated action. (Source UNFCCC)Hint
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Question 4 of 4
4. Question
Consider the following statements:
1. AIJS (All India Judiciary Service) recently created under Article 312 as an All India Services.
2. Both Parliament and State Legislatures can create AIJS under Article 252.
Which of the statements given above is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2Correct
d) Neither 1 nor 2
Statement 1 is incorrect: Article 312 of the Constitution provides for the establishment of All India Judicial Service (AIJS), which shall not include any post inferior to that of a District Judge. The constitutional provision enables creation of the AIJS at District Judge level.
Statement 2 is incorrect: Article 312 of the Indian Constitution gives the Indian Parliament the power to:
• Create laws for the service conditions of individuals in the Indian Administrative Service (IAS), Indian Police Service (IPS), and Indian Forest Service (IFoS).
• Create one or more All India services, including an All India Judicial Service.
• Article 312 also gives State Legislatures the power to request the Indian Parliament to create an All India Service. The Rajya Sabha has the exclusive power to constitute All India Services.Incorrect
d) Neither 1 nor 2
Statement 1 is incorrect: Article 312 of the Constitution provides for the establishment of All India Judicial Service (AIJS), which shall not include any post inferior to that of a District Judge. The constitutional provision enables creation of the AIJS at District Judge level.
Statement 2 is incorrect: Article 312 of the Indian Constitution gives the Indian Parliament the power to:
• Create laws for the service conditions of individuals in the Indian Administrative Service (IAS), Indian Police Service (IPS), and Indian Forest Service (IFoS).
• Create one or more All India services, including an All India Judicial Service.
• Article 312 also gives State Legislatures the power to request the Indian Parliament to create an All India Service. The Rajya Sabha has the exclusive power to constitute All India Services.Hint
