Today’s Topic: Exam Important Current Affairs MCQ’s
These are most possible concepts for IAS Prelims General Studies paper-1 (Current affairs) of UPSC Civil Service exam.
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EveryDay Program List
Sunday- Indian and world Geography
Monday-General issues on Environmental Ecology, bio-diversity and Climate Change
Tuesday- General Science
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Thursday- History of India and Indian National Movement
Friday- Economic and Social Development
Saturday-Exam Important Current Affairs Topics
Today’s Topic: Exam Important Current Affairs Topics
Q1. Consider the following statements with reference to the World Trade Centres Association (WTCA).
- It is a for-profit, non-political association dedicated to the establishment and effective operation of WTCs.
- The WTCA is the only association with exclusive rights to license World Trade Centre.
Which of the above is/are correct?
a) 1 only b) 2 only c) Both 1 and 2 d) None
The World Trade Center’s Association stimulates trade and investment opportunities for commercial property developers, economic development agencies, and international businesses looking to connect globally and prosper locally.
It serves as an ‘international ecosystem’ of global connections, iconic properties, and integrated trade services under the umbrella of a prestigious brand.
Its vision is becoming World’s trusted global brand facilitating international business connections and trade.
- Promoting and protecting our WTC brand for the collective benefit of our membership
- Expanding the reach and increase the quality of our global WTCA network
- Strengthening our global presence through connecting engaged members
- Actively seeking out potential members and establishing WTCs in new growing markets
- Providing members support in enabling them to connect with their counterparts within the network to foster international trade
- Expanding the reach and quality of the WTCA network through our members WTC branded properties and integrated trade services
- Making sure our members maintain and provide the highest quality service to their business members;
- Having strong continental and regional structure to meet our members’ needs; and
- Migrating, leveraging, transferring, and utilizing the strengths of our experienced Members’ best practices
Q2. The SAATHI initiative of the Government in which the Energy Efficiency Services Limited (EESL) is participating concerns with
a) Development of the Power loom sector
b) Promoting LED lighting technology
c) Improvement in the financial situation of State DISCOMs
d) Establishing electricity gird transmission network in South Asian Countries
SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries). Under this initiative, Energy Efficiency Services Limited (EESL), a public sector entity under the administrative control of Ministry of Power, would procure energy efficient Powerlooms, motors and Rapier kits in bulk and provide them to the small and medium Powerloom units at no upfront cost.
The SAATHI initiative of the Government will be jointly implemented by EESL and the office of the Textile Commissioner on a pan-India basis. To kick start the implementation, cluster wise demonstration projects and workshops will be organized in key clusters such as Erode, Surat, Ichalkaranji, etc.
The use of these efficient equipment would result in energy savings and cost savings to the unit owner and he would repay in installments to EESL over a 4 to 5 year period. This is the aggregation, bulk procurement and financing model that EESL has successfully deployed in several sectors like LED bulbs, Smart Meters and Electric Vehicles. The unit owner neither has to allocate any upfront capital cost to procure these equipment nor does it have to allocate additional expenditure for repayment as the repayments to EESL are made from the savings that accrue as a result of higher efficiency equipments and cost savings. The aggregation of demand and bulk procurement will also lead to reduction in capital cost, benefits of which will be passed on to the Power loom units so that their repayment amount and period would reduce.
The Power loom sector in India is predominantly an unorganized sector and has a large number of micro and small units which produce 57 percent of the total cloth in the country. There are 24.86 lakhs Power loom units in this country, most of whom use obsolete technology. With a view to upgrading the technology, the Government of India has been implementing the INSITU upgradation of plain Powerlooms as part of Power Tex India under which plain Powerlooms are attached with process control equipment leading to higher productivity, better quality and more than 50 percent additional value realisation. So far 1.70 lakhs plain Powerlooms have been upgraded under the scheme, with a total Government of India subsidy of Rs. 186 crores.
Q3. An Integrated Check Post (ICP) provides which of these facilities?
- Currency exchange counters and Banking
- Cargo Inspection sheds for smooth trading operations
- Internet hubs for seamless information services.
Select the correct answer using the codes below
a) 1 only b) 2 only
c) 3 only d) 1, 2 and 3.
Petrapole-Benapole is an important land border crossing for India-Bangladesh trade. More than 50 per cent of the India-Bangladesh trade passes through Petrapole. Trade worth more than Rs. 15000 Crore takes place through the Petrapole ICP, which is more than all the other Indian Land Ports and Land Customs Stations put together. Approximately 15 lakh people and 150,000 trucks cross Petrapole-Benapole every year. The Petrapole ICP will provide better facilities for effective and efficient discharge of functions such as security, immigration, customs, quarantine, etc. while also providing support facilities for smooth cross-border movement of persons, goods and transport.
Petrapole ICP will be the second ICP on the India-Bangladesh border after the Agartala ICP at the Agartala (India)-Akhaura (Bangladesh) land border. It will also be the biggest land port in South Asia.
It is expected that the capacity will double with the commissioning of the Petrapole ICP and the local business community will benefit immensely from reduced transaction time and costs. The commissioning of the Petrapole ICP will also serve to foster greater economic integration and connectivity between India and Bangladesh.
Q4. Polavaram Project is a multi-purpose irrigation project which has been accorded National Project status by the union government. Consider the following with reference to a project getting such a status.
- A National Project is funded entirely by the Central Government.
- The progress of work of a National Project is monitored directly by the Prime Minister‟s Office (PMO)
- All inter-state water projects are automatically included as national projects.
- International projects cannot be brought under this category
- Only major irrigation/multi-purpose projects shall be eligible for inclusion as National Projects. Select the correct answer using the codes below.
a) 1,2 and 5 only b)1,3 and 4 only
c) 5 only d) none of the above
Polavaram Project is a multi-purpose irrigation project which has been accorded national project status by the union government. This dam across the Godavari River is under construction located in West Godavari District and East Godavari District in Andhra Pradesh state and its reservoir spreads in parts of Chhattisgarh and Odisha States also National River-Linking Project, which works under the aegis of the Indian Ministry of Water Resources, was designed to overcome the deficit in water in the country.As a part of this plan, surplus water from the Himalayan rivers is to be transferred to the peninsular rivers of India.This exercise, with a combined network of 30 river-links and a total length of 14,900 kilometres (9,300 mi) at an estimated cost of US$120 billion (in 1999), would be the largest ever infrastructure project in the world.In this project’s case, the Godavari river basinis considered as a surplus one, while the Krishna River basin is considered to be a deficit one. As of 2008, 644 tmcft of underutilised water from Godavari River flowed into the Bay of Bengal. But as of 2017 over 3000 tmcft are drained unutilised into Bay of Bengal. Based on the estimated water requirements in 2025, the Study recommended that sizeable surplus water was to be transferred from the Godavari River basin to the Krishna River basin.
The dam could not be taken up for construction during the last century on techno economical grounds. The proposed dam site at Polavaram is located where the river emerges from the last range of the Eastern Ghats into plains covered with deep alluvial sandy strata.At Polavaram, the river width is about 1500 m. In view of large depth of excavation which is more than 30 m deep, to reach hard rock at this dam site, the dam project was not found economical to take up. However a lucrative alternate site is feasible located in upstream of Polavaram site where the river passes through deep gorges of Papi hill range.The width of river is about 300 m only in the rocky gorge stretch. Thirty years back, this alternative was found technologically challenging task to connect the reservoir with the irrigation canals via tunnels across the ghat area. Also costly underground hydro electric station is mandated compared to river bed based hydro electric station. When the project was actually taken up in the year 2004, the old finalized designs at Polavaram site are adopted without re-examining the latest cost of upstream alternate site in view of state of the art construction technology of tunnels and underground hydro electric station. The progress up to the year 2012 in construction of dam structures and the hydro electric station is almost nil. The alternate site located in the gorge stretch is still worth of re-examination to reduce the ever-increasing cost of Polavaram dam.
The spillway and non-overflow dam are founded on Khondalite bed rock in Polavaram Project. Khondalites, which are feldspar-rich, often contain soft graphite, hard garnet, etc. in addition to other minerals. Khondalites are highly weathered and hence unsuitable at dam site. The deal unites all the world’s nations in a single agreement on tackling climate change for the first time in history. Coming to a consensus among nearly 200 countries on the need to cut greenhouse gas emissions is regarded by many observers as an achievement in itself and has been hailed as “historic”. The Kyoto Protocol of 1997 set emission cutting targets for a handful of developed countries, but the US pulled out and others failed to comply. However, scientists point out that the Paris accord must be stepped up if it is to have any chance of curbing dangerous climate change.
Pledges thus far could see global temperatures rise by as much as 2.7C, but the agreement lays out a roadmap for speeding up progress.
- To keep global temperatures “well below” 2.0C (3.6F) above pre-industrial times and “endeavour to limit” them even more, to 1.5C
- To limit the amount of greenhouse gases emitted by human activity to the same levels that trees, soil and oceans can absorb naturally, beginning at some point between 2050 and 2100
- To review each country’s contribution to cutting emissions every five years so they scale up to the challenge
For rich countries to help poorer nations by providing “climate finance” to adapt to climate change and switch to renewable energy.
Q5. Which of these nations recently decided to withdraw from the historic Paris climate agreement?
a) Switzerland b) Germany
c) USA. d) Pakistan
The goal of preventing what scientists regard as dangerous and irreversible levels of climate change – judged to be reached at around 2C of warming above pre-industrial times – is central to the agreement.The world is already nearly halfway there at almost 1C and many countries argued for a tougher target of 1.5C – including leaders of low-lying countries that face unsustainable sea levels rises in a warming world.The desire for a more ambitious goal has been kept in the agreement – with the promise to “endeavour to limit” global temperatures even more, to 1.5C
Developing countries say they need financial and technological help to leapfrog fossil fuels and move straight to renewables. Currently they have been promised US $100bn (£67bn) a year by 2020 – not as much as many countries would like. The agreement requires rich nations to maintain a $100bn a year funding pledge beyond 2020, and to use that figure as a “floor” for further support agreed by 2025. The deal says wealthy countries should continue to provide financial support for poor nations to cope with climate change and encourages other countries to join in on a voluntary basis.
Q6. With reference to Nirbhay missile, consider the following statements.
- It is the first missile to be fully and indigenously developed by a private agency.
- It is one of the few missiles in India to operate without a rocket motor booster.
- It is a short-range super-sonic Cruise Missile.
- It can carry nuclear warheads. Select the correct answer using the codes below
a) 1,2 and 3 only b) 2,3 and 4 only
c) 4 only d) 1 and 3 only
Ans : C
EXPLANATION: ‘NIRBHAY’ –
‘NIRBHAY’ – India’s first indigenously designed and developed Long Range Sub-Sonic Cruise Missile which can be deployed from multiple platforms. It was successfully test fired from the integrated Test Range (ITR), Chandipur, Odisha. The missile has the capability to loiter and cruise at 0.7 Mach, at altitudes as low as 100 m. The flight test achieved all the mission objectives completely from lift-off till the final splash, boosting the confidence of all scientists associated with the trial. The missile took-off in the programmed manner and all critical operations viz. launch phase, booster deployment, engine start, wing deployment and other operational parameters demonstrated through autonomous way point navigation. The guidance, control and navigation system of the missile is configured around the indigenously designed Ring Laser Gyroscope (RLG) and MEMS based Inertial Navigation System (INS) along with GPS system. The missile majestically cruised for a total time duration of 50 minutes, achieving the range of 647 km. The missile was tracked with the help of ground based radars and other parameters were monitored by indigenous telemetry stations developed by DRDO.
Q7. UNSC 1267 Committee was recently seen in news. This committee is concerned with
a) Overseeing the implementation of sanctions measures imposed on Taliban controlled Afghanistan
b) Maintaining peacekeeping forces in Rwanda to tackle problems of genocide and was crimes
c) Conducting negotiations between members of various tribes of Sudan and South Suda to end the ongoing political conflict.
d) Making available humanitarian initiatives for those affected in the Syrian Civil War
Ans : A
United Nations Security Council resolution 1267 was adopted unanimously on 15 October 1999. After recalling resolutions 1189 (1998), 1193 (1998) and 1214 (1998) on the situation in Afghanistan, the Council designated Osama bin Laden and associates as terrorists and established a sanctions regime to cover individuals and entities associated with Al-Qaida, Osama bin Laden and/or the Taliban wherever located.
The regime has since been reaffirmed and modified by a dozen further UN Security Council Resolutions. It has been claimed the sanctions regime caused dire hardship to the people of Afghanistan under the Taliban regime at a time when they were heavily reliant on international food aid, while failing to satisfy any of its demands. Since the US invasion of Afghanistan in 2001, the sanctions have been applied to individuals and organizations in all parts of the world.
The regime is composed of a UN Security Council Committee, a “consolidated list” of people and entities it has determined as being associated with Al-Qaeda or the Taliban, and laws which must be passed within each member nation in order to implement the sanctions. The Committee receives reports from each nation as to how the work is proceeding, and is able to vary the conditions imposed on any individual as it sees fit.
There was no right of appeal against listing until December 2006
Imposition of the sanctions
The first two Security Council Resolutions, 1267 and 1333 (2000), were adopted on 15 October 1999 and 19 December 2000 respectively. They were warmly welcomed by the ambassador for Afghanistan who was not a representative of the Taliban regime that had conquered 80% of his country. Only Malaysia expressed reservations about their effectiveness and concern about the humanitarian consequences to the extent of abstaining on the second resolution. Although voting for the second resolution, United Kingdom privately opposed it on account of the already dire humanitarian situation and the expectation that there would be a backlash against UN aid organizations providing relief in the country.
The first resolution followed the sanctions regime imposed by the United States on 5 July 1999 by an executive order after intelligence officials had found bin Laden-controlled money flowing through banks.
The resolutions imposed a series of demands on member states as well as on Afghanistan under Chapter VII of the United Nations Charter. The first included:
- The Taliban must not allow territory under its control to be used for terrorist training.
- The Taliban must turn over Osama bin Laden to the appropriate authorities.
- All countries must deny flight permission to all Taliban operated aircraft.
- All countries must freeze all financial resources that could benefit the Taliban.
- All countries must report back within 30 days on what measures they had taken.
There were angry demonstrations at the UN offices in Kabul the day after the sanctions were imposed. The international postal service was shut down. A flight over Iran carrying supplies to Baghdad was blocked in October 2000, and another was allowed to Germany carrying sick children.
The December 2000 resolution strengthened the regime and imposed additional conditions:
- The Taliban must eliminate all illicit cultivation of the opium poppy.
- All countries must prevent the sale of all military equipment to the Taliban controlled territories.
- All countries must prevent the sale of acetic anhydride(a chemical used in the production of heroin) to Afghanistan.
- All countries must restrict the entry and transit of all high ranking Taliban officials through their territories.
- All offices of Ariana Afghan Airlinesmust be closed down.
The following month the BBC reported that the list produced by the UN of officials against whom the sanctions were to be applied was inaccurate and failed to contain any military commanders. Senior UN officials said that the sanctions were completely inappropriate due to the chaos they were causing to the relief missions at a time of a famine.
Shortly thereafter the Taliban showed signs of willingness to strike a deal concerning bin Laden in spite of the political damage it would cause them. They had also substantially reduced the cultivation of opium poppies.
On 30 July 2001 UN Security Council Resolution 1363 established a Monitoring Team to monitor and assist implementation of the measure
Q8. With reference to a Credit Default Swap (CDS), consider the following statements:
- Globally, Insurance companies are prohibited form participating in a CDS.
- CDS is not permitted in India due to the inherent risks of inducing a financial meltdown. Which of the above is/are correct?
a) 1 Only
b) 2 only
c) Both 1 and 2
Credit Default Swap – CDS
A credit default swap is a particular type of swap designed to transfer the credit exposure of fixed income products between two or more parties. In a credit default swap, the buyer of the swap makes payments to the swap’s seller up until the maturity date of a contract. In return, the seller agrees that, in the event that the debt issuer defaults or experiences another credit event, the seller will pay the buyer the security’s premium as well as all interest payments that would have been paid between that time and the security’s maturity date.
A credit default swap is the most common form of credit derivative and may involve municipal bonds, emerging market bonds, mortgage-backed securities or corporate bonds.
A credit default swap is also often referred to as a credit derivative contract.
Q9. Consider the following statements. „FoSCoRIS‟, recently seen in news, is a/an
1. Online Grievance portal to report food poisoning cases to the district administration.
2. Verification and compliance system of food safety and hygiene standards by food businesses as per government norms
3. Crisis protocol to be followed by exporters and importers in the event of food crises
4. Set of norms to regulate nutrition standards in school going girl children under the Mid-day meal Scheme Select the correct answer using the codes below.
a) 1 and 2 only
b) 1, 3 and 4 only
c) 2 only
d) 2 and 3 only
It is essential to food safety compliance that food safety inspections are conducted diligently and reports made available to all stakeholders in shortest possible time with quick response provision if needs to be taken. Food businesses have a legal and moral obligation to ensure they are not contributing to the statistics of food borne illness and at the same time the Food safety team must be equipped well to address to such issues.
Appropriate and timely control measures can only be taken if the nature of contaminant and/ or status of food is available in right time.
Basic objectives of the FoSCoRIS Application are:
- To create a district wise and state wise food safety Compliance matrix of the country.
- Create a Food safety compliance verification platform.
- To reduce the time of Inspection process and action initiated.
- To build a transparent system within the inspections framework.
- Create a platform to authenticate and validate the inspection reports.
- To ensure that the inspections are actually done and without any deviations.
- The process shall initiate Quick Response during Food Safety Emergencies.
Q10.The concept of a „Seed village‟ revolves around
- Cutting down the seed replacement rate.
- Replacing artificial exotic HYV seeds with existing local seed varieties.
- Engaging trained group of farmers in production of seeds. Select the correct answer using the codes below.
a) 1 and 2 only
b) 3 only
c) 2 only
d) 1,2 and 3
A village, wherein trained group of fanners are involved in production ‘of seeds of various crops and cater to the needs of themselves, fellow fanners of the village and fanners of neighboring villages in appropriate time and at affordable cost is called “a seed village”.
- Organizing seed production in cluster (or) compact area
- Replacing existing local varieties with new high yielding varieties.
- Increasing the seed production
- To meet the local demand, timely supply and reasonable cost
- Self sufficiency and self reliance of the village
- Increasing the seed replacement rate
- Seed is available at the door steps of farms at an appropriate time
- Seed availability at affordable cost even lesser than market price
- Increased confidence among the farmers about the quality because of known source of production
- Producer and consumer are mutually benefited
- Facilitates fast spread of new cultivars of different kinds
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