Jatin Verma is teaching live on Unacademy Plus
Expected Current Affairs based MCQs for UPSC CSE Prelims 2018 For 4th September 2017
INSTRUCTIONS Correct Conclusion Watch the lessons on "The Hindu Daily News Analysis and Editorial Analysis' video before or after attempting the question 1-3 Very low chance of selection Can do better, need to grind more 4-5 As soon as the question appears, pause the video, answer the question and resume it. 6-7 Going good, almost there Very high chance of selection 100% of the time, without fail, calculate your score and write it in the comments section (Compete). 8 or more
1. Consider the following statements about 'Wet-bulb temperature': 1. It is the temperature of air recorded by a thermometer when it is not affected by the moisture present in the air 2. It is the combined measurement of temperature and humidity, in the air. 3. When ambient wet-bulb temperature exceeds 35 degrees Celsius, it could even result in death. Which of the statements given above is/are correct? a. 1 only b. 2 only c. Both d. None of the above
Solution: EB Explanation: Wet bulb temperature (WBT): It is the combined measurement of temperature and humidity, recorded by a thermometer when its bulb is surrounded by a wet cloth exposed to the air. It's measured to determine how much moisture (humidity) is already in the air. When ambient wet-bulb temperature exceeds '35 degrees Celsius', considered as "upper limit" for The temperature of air recorded by a thermometer when it is not affected by the moisture present The drier the air, the bigger the difference between wet bulb and dry bulb temp human survivability, it could, even in just a few hours, result in death. in the air is known as Dry bulb temperature (DBT) .
2. What is/are the function(s) of 'Agriculture Produce Market Committee'? To provide warehouses to farmers for keeping their produces before selling them to market. 1. To keep an eye on pricing system and transactions taking place in market in a transparent manner. 2. 3. To ensure payments to the farmers for the sale of agricultural produce on the same day Select the correct answer using the code given below a) and2 b) 2 and 3 c) 3 and1 d) 1,2, and 3
Solution: B Explanation: Agriculture Produce Market Committee APMC is a statutory body constituted by state government in order to trade in agricultural or horticultural or livestock products Functions of APMC are: To promote public private partnership in the ambit of agricultural markets. To provide market led extension services to farmer. To keep an eye on pricing system and transactions taking place in market in a transparent manner. To ensure payments to the farmers for the sale of agricultural produce on the same day To promote agricultural activities To announce data on arrivals and rates of agricultural produce from time to time market.
3. Consider the following statements regarding Eco-Sensitive Zones in India 1. These are regulated under Wildlife (Protection) Act, 1972 2. These are restricted areas in which any industries, operations or processes shall not be carried out or can be carried out under certain safeguards. 3. No human activity is allowed inside them. Which among the above is /are correct? A. 1 only B. 2 only C. 3 only D. None of the above
Solution: B Explanation: . Eco-Sensitive Zones (ESZs) or Ecologically Fragile Areas (EFAs) are areas notified by the Ministry of Environment, Forests and Climate Change MoEFCC Government of India around Protected Areas, National Parks and Wildlife Sanctuaries. They also act as a transition zone from areas of high protection to areas involving lesser protection. The ESZ does not come under Wildlife (Protection) Act, 1972. Even Environment Protection Act, 1986 does not mention the word "Eco-sensitive Zones" Central government can prohibit or restrict the location of industries and carrying on certain s or processes on the basis of considerations like the biological diversity of an area, maximum allowable limits of concentration of pollutants for an area, environmentally compatible land use, and proximity to protected areas. Thus, all kinds of human activities are not restricted.
4. Consider the following statements about Sovereign Gold Bond (SGB) 1. The bond can be purchased only from the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) 2. The SGB bonds can be converted into de-mat form and can be used as collateral for availing loans. 3. It aims to curb the demand for physical golod. 4. The minimum subscription is at 5 grams and maximum at 500 grams per person or institution. Which of the above statements is/are correct? a) 1, 2 and 4 b) 2 and 3 c) 1, 2, 3 and 4 d) 1 and 4
Solution: EB Explanation: Sovereign Gold Bonds (SGB): .SGB is government securities denominated in grams of gold. It offers an alternative to holding gold in physical form. The bond can be purchased from the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Besides, all Bank branches and select Post Offices and Stock Holding Corporation of India Limited will also issue it The SGB bonds can be converted into demat form and can be used as collateral for availing loan:s. Redemption of SGB bonds by an individual is exempted from capital gains tax. SGB gives an interest of 2.75 per cent per annum and is payable every six months on initial investment. In this tranche minimum subscription has been reduced to 1 gram (Earlier, the minimum denomination was 5 gram), and maximum at 500 gram per person or institution. Government will use the funds raised through these bonds as part of its market borrowing programme
5. With reference to 'Champaran Satyagraha' consider the following statements: 1. It was Mahatma Gandhi's first experiment of Satyagraha. 2. The revolt was against the taxes levied by the British Government in the areas of subsequent famine and, said that if the taxes are not paid, the property would be seized. 3. It was revolt against British planters and estate owners who were forcing farmers to grow indigo. Which of the above statements is/are correct? a) only b) 3 only c) 2 and3 d) 1 and 3
Solution: ID Explanation: What is Repo Rate? The rate at which the RBI lends money to commercial banks is called repo rate. It is an instrument of monetary policy. Whenever banks have any shortage of funds they can borrow from the RBI. A reduction in the repo rate helps banks get money at a cheaper rate. When repo rate increases Banks lend from RBI at a higher rates of interest They lend it to borrowers at a high rate of interest As lending interest rate increases, borrowing of money decreases Increase in the deposit interest rate to attract depositors When repo rate decreases Increase in money supply in economy Increase in demand of goods Increase in GDP growth
8. Central Public Sector Enterprises can be best explained as a) A commercial ventures of the Government where user fees are charged for services rendered. b) A company where the Central Government holds 51% of shares or more. c) A enterprise whose shares government can sell at its will d) It encompasses all for-profit businesses that are not owned but operated by the government.
Q9. Consider the following statements about BRICS: 1. Goldman Sachs coined the term "BRICS" 2. Morgan Stanley coined the term "BRICS" 3. BRICS was envisaged on the basis of homogeneity of Political systems in these countries iye ne Projects 5. Brazil is also a part of China's Belt & Road initiative. Which of the above statements are correct? A. 1,3 and 4 B. 1 only C. All of the above D. None of the above
Answer: D None of the above Explanation: Jim O'Neil from Goldman Sach coined the term BRIC on the basis of similarity in growth trajectory of these nations.
Q10. Consider the following statements: The Factories Act, 1881 was passed with a view to fix the wages of industrial workers and to allow the workers to form trade unions. N.M. Lokhande was a pioneer in organizing the labour movement in British India Which of the above statements is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2