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 5
1. Question
Consider the following statements about Neural Networks:
1.Neural networks are a series of algorithms that mimic the operations of a human brain to recognize relationships between vast amounts of data.
2.They are primarily used for clustering and classification problems and cannot process sequential or time-series data.
3.Neural networks require large amounts of data to learn and can significantly improve their accuracy over time with more data.
4.The concept of deep learning is associated with neural networks, involving networks with many layers.
How many of the statements is/are correct?
Correct
(c) Only three (1st, 3rd and 4th)
Neural networks are indeed algorithms that simulate the human brain to recognize relationships in data. They are not limited to clustering and classification but are also capable of processing sequential or time-series data, making statement 2 incorrect. They do require large datasets to learn and improve accuracy, and deep learning refers to neural networks with multiple layers.
Incorrect
(c) Only three (1st, 3rd and 4th)
Neural networks are indeed algorithms that simulate the human brain to recognize relationships in data. They are not limited to clustering and classification but are also capable of processing sequential or time-series data, making statement 2 incorrect. They do require large datasets to learn and improve accuracy, and deep learning refers to neural networks with multiple layers.
Question 2 of 5
2. Question
Consider the following statements regarding the Prohibition of Child Marriage Act, 2006:
1.The Act defines a child as a person who, if a male, has not completed twenty-one years of age, and if a female, has not completed eighteen years of age.
2.The Act is applicable to all citizens of India regardless of religion.
3.Child marriages are void ab initio (void from the beginning) under the Act.
4.The Act allows the solemnization of a child marriage with the consent of the parents/guardians.
How many of the statements is/are correct?
Correct
(b) Only two statements are correct (1st and 2nd)
The Prohibition of Child Marriage Act, 2006 defines a child as a person who, if a male, has not completed twenty-one years of age, and if a female, has not completed eighteen years of age.
The Act is applicable to all Indian citizens regardless of their religion. It aims to prohibit child marriages across the country.
Child marriages are not void ab initio under the Act. They are considered voidable at the option of the contracting party who was a child at the time of marriage. This means the marriage can be annulled if the child party chooses to do so. (3rd statement is incorrect)
The Act explicitly prohibits the solemnization of child marriages and does not allow for any exceptions based on the consent of parents/guardians. It criminalizes child marriage and prescribes punishments for those involved. (4th statement is incorrect)
Incorrect
(b) Only two statements are correct (1st and 2nd)
The Prohibition of Child Marriage Act, 2006 defines a child as a person who, if a male, has not completed twenty-one years of age, and if a female, has not completed eighteen years of age.
The Act is applicable to all Indian citizens regardless of their religion. It aims to prohibit child marriages across the country.
Child marriages are not void ab initio under the Act. They are considered voidable at the option of the contracting party who was a child at the time of marriage. This means the marriage can be annulled if the child party chooses to do so. (3rd statement is incorrect)
The Act explicitly prohibits the solemnization of child marriages and does not allow for any exceptions based on the consent of parents/guardians. It criminalizes child marriage and prescribes punishments for those involved. (4th statement is incorrect)
Question 3 of 5
3. Question
Consider the following statements regarding Denotified, Nomadic, and Semi-Nomadic Tribes (DNTs) in India:
Statement I: The Criminal Tribes Act of 1871, which designated certain communities as ‘criminal tribes’, was repealed in 1947 immediately after India’s independence.
Statement II: The Renke Commission, appointed in 2003, focused on the issues related to the DNT communities and submitted its report in 2008.
Which one of the following is correct in respect of the above statements?
Correct
(d) Statement 1 is incorrect but Statement 2 is correct
Denotified Tribes (DNTs) refer to communities that were formerly labeled as “criminal tribes” under the British-era Criminal Tribes Act of 1871. This Act criminalized their traditional occupations and lifestyle. After India’s independence, these tribes were “denotified,” meaning they were removed from the list of “criminal” communities.
Statement I is incorrect. The Criminal Tribes Act of 1871 was repealed in 1952, not in 1947.
Statement II is correct. The Renke Commission, officially known as the National Commission for Denotified, Nomadic and Semi-Nomadic Tribes (NCDNT), was indeed established in 2003 and submitted its report in 2008.
Incorrect
(d) Statement 1 is incorrect but Statement 2 is correct
Denotified Tribes (DNTs) refer to communities that were formerly labeled as “criminal tribes” under the British-era Criminal Tribes Act of 1871. This Act criminalized their traditional occupations and lifestyle. After India’s independence, these tribes were “denotified,” meaning they were removed from the list of “criminal” communities.
Statement I is incorrect. The Criminal Tribes Act of 1871 was repealed in 1952, not in 1947.
Statement II is correct. The Renke Commission, officially known as the National Commission for Denotified, Nomadic and Semi-Nomadic Tribes (NCDNT), was indeed established in 2003 and submitted its report in 2008.
Question 4 of 5
4. Question
Consider the following statements regarding the “Extended Fund Facility (EFF)”:
1. It is a lending facility of the World Bank.
2. It was established to help countries address medium and longer-term balance of payments problems.
Which of the statements given above is/are correct?
Correct
The Extended Fund Facility is lending facility of the Fund of the IMF and it was established in 1974 to help countries address medium- and longer-term balance of payments problems.
The EFF is prescribed for a country who is suffering from balance of payment problem caused by structural weaknesses and who need fundamental economic reforms.
The use of the facility has increased substantially in the recent crisis period.
Incorrect
The Extended Fund Facility is lending facility of the Fund of the IMF and it was established in 1974 to help countries address medium- and longer-term balance of payments problems.
The EFF is prescribed for a country who is suffering from balance of payment problem caused by structural weaknesses and who need fundamental economic reforms.
The use of the facility has increased substantially in the recent crisis period.
Question 5 of 5
5. Question
“Nirvik Scheme” is often seen in news is related to which of the following?
Correct
The Export Credit Guarantee Corporation of India (ECGC) is optimistic that the Nirvik scheme announced by the Union Government would give a fillip to export lending and insurance cover for export credit.
Under the Nirvik scheme, ECGC will provide 90% cover.
The additional outgo, if any, due to the enhanced cover would be supported by the government and the scheme would be valid for five years.
Currently, the average cover given to banks by the ECGC is 60%.
Incorrect
The Export Credit Guarantee Corporation of India (ECGC) is optimistic that the Nirvik scheme announced by the Union Government would give a fillip to export lending and insurance cover for export credit.
Under the Nirvik scheme, ECGC will provide 90% cover.
The additional outgo, if any, due to the enhanced cover would be supported by the government and the scheme would be valid for five years.
Currently, the average cover given to banks by the ECGC is 60%.
