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
With reference to the Unlawful Activities (Prevention) Amendment Act, 2019 (UAPA), consider the following:
1. It defines terrorism as any act that causes or intends to cause death or injury to any person, or damage or destruction to any property, or that threatens the unity, security or economic stability of India or any other country.
2. It allows for the detention of suspects without charge or trial for up to 200 days, and for the denial of bail to the accused unless the court is satisfied that they are not guilty. (Statement )
3. It include provisions related to terrorist financing, cyber-terrorism and individual designation but provision for seizure of property is not allowed. Where ED is empowered to conduct investigations, search and seize property during such investigation.
How many of the above statements are correct?
Correct
(a) Only one
It defines terrorism as any act that causes or intends to cause death or injury to any person, or damage or destruction to any property, or that threatens the unity, security or economic stability of India or any other country. It allows for the detention of suspects without charge or trial for up to 180 days, and for the denial of bail to the accused unless the court is satisfied that they are not guilty. (Statement 2 is incorrect).
UAPA, 2019 also empowers the Director-General, National Investigation Agency (NIA) to grant approval of seizure or attachment of property when the case is being investigated by the agency.
Under the Prevention of Money Laundering Act, 2002 (PMLA), ED is empowered to conduct investigations, search and seize property during such investigation. (Statement 3 is incorrect).
Incorrect
(a) Only one
It defines terrorism as any act that causes or intends to cause death or injury to any person, or damage or destruction to any property, or that threatens the unity, security or economic stability of India or any other country. It allows for the detention of suspects without charge or trial for up to 180 days, and for the denial of bail to the accused unless the court is satisfied that they are not guilty. (Statement 2 is incorrect).
UAPA, 2019 also empowers the Director-General, National Investigation Agency (NIA) to grant approval of seizure or attachment of property when the case is being investigated by the agency.
Under the Prevention of Money Laundering Act, 2002 (PMLA), ED is empowered to conduct investigations, search and seize property during such investigation. (Statement 3 is incorrect).
Question 2 of 5
2. Question
Consider the following statement,
1. The Mithun (Bos frontalis) is a semi-domesticated bovine species native to the North-Eastern Himalaya.
2. It is the State Animal of Arunachal Pradesh and Nagaland.
3. Holds immense value in tribal communities like Nyishi, Apatani, Galo, and Adi and used in rituals, festivals, and as a symbol of wealth and status.
4. FSSAI has recently classified the Mithun as a food animal, opening the door for its commercial use.
How many of the above statements is/are incorrect?
Correct
(d) None
The Mithun, also known as the Gayal (Bos frontalis), is an important animal for UPSC aspirants due to its cultural, socio-economic, and ecological significance, particularly in the Northeast India region.
Culturally: Holds immense value in tribal communities like Nyishi, Apatani, Galo, and Adi. Used in rituals, festivals, and as a symbol of wealth and status.
Economically: Traditionally reared for meat, milk, and hide. Recently recognized as a “food animal” by FSSAI, opening avenues for commercialization and livelihood improvement.
Ecologically: Plays a crucial role in mountain ecosystems by grazing and maintaining grasslands.
Incorrect
(d) None
The Mithun, also known as the Gayal (Bos frontalis), is an important animal for UPSC aspirants due to its cultural, socio-economic, and ecological significance, particularly in the Northeast India region.
Culturally: Holds immense value in tribal communities like Nyishi, Apatani, Galo, and Adi. Used in rituals, festivals, and as a symbol of wealth and status.
Economically: Traditionally reared for meat, milk, and hide. Recently recognized as a “food animal” by FSSAI, opening avenues for commercialization and livelihood improvement.
Ecologically: Plays a crucial role in mountain ecosystems by grazing and maintaining grasslands.
Question 3 of 5
3. Question
In India, the first bank of limited liability managed by Indians and founded in 1881 was:
Correct
(b) Oudh Commercial Bank
The Oudh Commercial Bank, also known as the Awadh Commercial Bank, was the first commercial bank in India with limited liability and an all-Indian board of directors. It was established in 1881 and operated until 1958. The bank was small, with no branches, and only served local needs.
The first entirely Indian joint stock bank was the Oudh Commercial Bank, established in 1881 in Faizabad. It collapsed in 1958. The next was the Punjab National Bank was established in Lahore in 1895, which has survived to the present and is now one of the largest banks in India.
Incorrect
(b) Oudh Commercial Bank
The Oudh Commercial Bank, also known as the Awadh Commercial Bank, was the first commercial bank in India with limited liability and an all-Indian board of directors. It was established in 1881 and operated until 1958. The bank was small, with no branches, and only served local needs.
The first entirely Indian joint stock bank was the Oudh Commercial Bank, established in 1881 in Faizabad. It collapsed in 1958. The next was the Punjab National Bank was established in Lahore in 1895, which has survived to the present and is now one of the largest banks in India.
Question 4 of 5
4. Question
Consider the following statements,
1. India has 13 free trade agreements (FTAs) with various countries and regions, including ASEAN countries, SAARC countries, etc.
2. FTAs are agreements between two or more countries to reduce or eliminate trade barriers.
Which of these statements is/are correct?
Correct
(c) Both 1 and 2
As of August 9, 2023, India has signed 13 Free Trade Agreements (FTAs) with other countries: India-Sri Lanka, South Asia Free Trade Area (SAFTA), India-Nepal, India-Bhutan, India-Thailand, India-Singapore, India-ASEAN, India-South Korea, India-Japan, India-Malaysia, India-Mauritius, India-UAE and India-Australia.
India is currently negotiating bilateral free trade agreements with the United Arab Emirates, the United Kingdom and Canada.
FTAs are agreements between two or more countries to reduce or eliminate trade barriers. These barriers include tariff barriers, like taxes, and nontariff barriers, like regulatory laws. FTAs allow goods and services to be bought and sold across international borders with little or no government tariffs, quotas, subsidies, or prohibitions.
Incorrect
(c) Both 1 and 2
As of August 9, 2023, India has signed 13 Free Trade Agreements (FTAs) with other countries: India-Sri Lanka, South Asia Free Trade Area (SAFTA), India-Nepal, India-Bhutan, India-Thailand, India-Singapore, India-ASEAN, India-South Korea, India-Japan, India-Malaysia, India-Mauritius, India-UAE and India-Australia.
India is currently negotiating bilateral free trade agreements with the United Arab Emirates, the United Kingdom and Canada.
FTAs are agreements between two or more countries to reduce or eliminate trade barriers. These barriers include tariff barriers, like taxes, and nontariff barriers, like regulatory laws. FTAs allow goods and services to be bought and sold across international borders with little or no government tariffs, quotas, subsidies, or prohibitions.
Question 5 of 5
5. Question
With reference to solar power production in India, consider the following statements:
1. India is the largest in the world in the manufacture of silicon wafers used in photovoltaic units.
2. The solar power tariffs are determined by the Solar Energy Corporation of India.
Which of the following statements given above is/are correct?
Correct
(d) Neither 1 nor 2
Manufacture of solar panels (also called modules) starts with polysilicon, which is made from silicon. Polysilicon is made into ingots, which are cut into wafers. Cells are made with wafers and a string of cells is a module. Today, only modules and cells are made in India, with imported material. At present, the only incentives available for manufacturing these is the Modified-Special Incentive Package Scheme, which is available to all electronic goods manufacturers and implemented by the Ministry of Electronics and Information Technology, but there have been few takers for the scheme. (Statement 1 is incorrect).
“Solar Energy Corporation of India Ltd” (SECI) is a CPSU under the administrative control of the Ministry of New and Renewable Energy (MNRE). It aims to become the leader in the development of large scale solar installations, solar plants and solar parks and to promote and commercialize the use of solar energy to reach the remotest corner of India. It also explores new technologies and their deployment to harness solar energy. Solar Power tariffs are determined either through the regulations of Central Electricity Regulatory Commission/State Electricity Regulatory Commission or through competitive bidding. (Statement 2 is incorrect).
Incorrect
(d) Neither 1 nor 2
Manufacture of solar panels (also called modules) starts with polysilicon, which is made from silicon. Polysilicon is made into ingots, which are cut into wafers. Cells are made with wafers and a string of cells is a module. Today, only modules and cells are made in India, with imported material. At present, the only incentives available for manufacturing these is the Modified-Special Incentive Package Scheme, which is available to all electronic goods manufacturers and implemented by the Ministry of Electronics and Information Technology, but there have been few takers for the scheme. (Statement 1 is incorrect).
“Solar Energy Corporation of India Ltd” (SECI) is a CPSU under the administrative control of the Ministry of New and Renewable Energy (MNRE). It aims to become the leader in the development of large scale solar installations, solar plants and solar parks and to promote and commercialize the use of solar energy to reach the remotest corner of India. It also explores new technologies and their deployment to harness solar energy. Solar Power tariffs are determined either through the regulations of Central Electricity Regulatory Commission/State Electricity Regulatory Commission or through competitive bidding. (Statement 2 is incorrect).