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Quiz: Daiy Quiz:February 25 2021
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- Question 1 of 10
1. Question
1 points1. Consider the following statements:
1. Reserve Bank of India pays commission to banks for undertaking government agency businesses.
2. Private sector banks are barred from undertaking Government-related banking transactions such as taxes and revenue payment facilities.
Which of the statements given above is/are correct?Correct
Statement 1 is correct. For undertaking government agency business, the RBI pays a commission to banks. The central bank carries out the general banking business of the central and state governments through agency banks appointed under Section 45 of the RBI Act, 1934.
The government transactions eligible to commission are revenue receipts, payments on behalf of the central and state governments, pension payments, and any other item specified by the RBI.
Statement 2 is incorrect. In 2012, the finance ministry had not allowed private banks, barring some, to undertake government business for three years.
In 2015, the government had continued with the embargo, and allowed the private sector with existing government agency business to continue without any fresh authorisation to private banks.
Recently, Government of India has lifted the embargo on private sector banks (only a few were permitted earlier) for the conduct of Government-related banking transactions such as taxes and other revenue payment facilities, pension payments, small savings schemes, etc. This step is expected to further enhance customer convenience, spur competition and higher efficiency in the standards of customer services.Incorrect
Statement 1 is correct. For undertaking government agency business, the RBI pays a commission to banks. The central bank carries out the general banking business of the central and state governments through agency banks appointed under Section 45 of the RBI Act, 1934.
The government transactions eligible to commission are revenue receipts, payments on behalf of the central and state governments, pension payments, and any other item specified by the RBI.
Statement 2 is incorrect. In 2012, the finance ministry had not allowed private banks, barring some, to undertake government business for three years.
In 2015, the government had continued with the embargo, and allowed the private sector with existing government agency business to continue without any fresh authorisation to private banks.
Recently, Government of India has lifted the embargo on private sector banks (only a few were permitted earlier) for the conduct of Government-related banking transactions such as taxes and other revenue payment facilities, pension payments, small savings schemes, etc. This step is expected to further enhance customer convenience, spur competition and higher efficiency in the standards of customer services. - Question 2 of 10
2. Question
1 pointsConsider the following statements regarding the Bare-Bellied Hedgehog:
1. It is endemic to dry scrubby areas in south-eastern India.
2. It is protected under the Schedule I of the Wildlife Protection Act, 1972.
Which of the statements given above is/are correct?Correct
Statement 1 is correct. The Bare-bellied hedgehog (Paraechinus nudiventris), also known as the Madras hedgehog, is a species of hedgehog that is endemic to dry scrubby areas in south-eastern India.
Statement 2 is incorrect. It is listed as Least Concern under the IUCN Red List of Threatened Species. It is not listed in the Schedule I of the Wildlife Protection Act, 1972.Incorrect
Statement 1 is correct. The Bare-bellied hedgehog (Paraechinus nudiventris), also known as the Madras hedgehog, is a species of hedgehog that is endemic to dry scrubby areas in south-eastern India.
Statement 2 is incorrect. It is listed as Least Concern under the IUCN Red List of Threatened Species. It is not listed in the Schedule I of the Wildlife Protection Act, 1972. - Question 3 of 10
3. Question
1 pointsWhich of the following government entities are brought together through the PRAGATI (Pro-Active Governance and Timely Implementation) platform?
1. Prime Miniters Office
2. Ministry of Home Affairs
3. Chief Secretaries of States
Select the correct answer using the code given below:Correct
: PRAGATI (Pro-Active Governance and Timely Implementation) is a unique integrating and interactive platform. The platform is aimed at addressing common man’s grievances, and simultaneously monitoring and reviewing important programmes and projects of the Government of India as well as projects flagged by State Governments.
It is a three-tier system: PMO, Union Government Secretaries, and Chief Secretaries of the States.
A built-in feature of PRAGATI is that these directions will remain in the system for further follow up and review till the finality of the matter.
The PRAGATI platform uniquely bundles three latest technologies: Digital data management, video-conferencing and geo-spatial technology.
# Prime Minister recently chaired the 36th PRAGATI meeting.Incorrect
: PRAGATI (Pro-Active Governance and Timely Implementation) is a unique integrating and interactive platform. The platform is aimed at addressing common man’s grievances, and simultaneously monitoring and reviewing important programmes and projects of the Government of India as well as projects flagged by State Governments.
It is a three-tier system: PMO, Union Government Secretaries, and Chief Secretaries of the States.
A built-in feature of PRAGATI is that these directions will remain in the system for further follow up and review till the finality of the matter.
The PRAGATI platform uniquely bundles three latest technologies: Digital data management, video-conferencing and geo-spatial technology.
# Prime Minister recently chaired the 36th PRAGATI meeting. - Question 4 of 10
4. Question
1 pointsWhich of the following drugs/components are being covered under the Production Linked Incentive Scheme for Pharmaceuticals?
1. Orphan Drugs
2. Active Pharmaceutical Ingredients
3. Auto-immune Drugs
Select the correct answer using the code given below:Correct
The Union Cabinet has approved Production Linked Incentive (PLI) Scheme for Pharmaceuticals over a period of Financial Year 2020-21 to 2028-29.
The scheme will be part of the umbrella scheme for the Development of Pharmaceutical Industry. The objective of the scheme is to enhance India’s manufacturing capabilities by increasing investment and production in the sector and contributing to product diversification to high value goods in the pharmaceutical sector.
The scheme shall cover pharmaceutical goods under three categories as mentioned below:
Category 1: Biopharmaceuticals; Complex generic drugs; Patented drugs or drugs nearing patent expiry; Cell based or gene therapy drugs; Orphan drugs; Special empty capsules like HPMC, Pullulan, enteric etc.; Complex excipients; Phyto-pharmaceuticals: Other drugs as approved.Category 2: Active Pharmaceutical Ingredients / Key Starting Materials / Drug Intermediates.
Category 3: Repurposed drugs; Auto immune drugs, anti-cancer drugs, anti-diabetic drugs, anti-infective drugs, cardiovascular drugs, psychotropic drugs and anti-retroviral drugs; In vitro diagnostic devices; Other drugs as approved; Other drugs not manufactured in India.
# Indian pharmaceutical industry is 3rd largest in the world by volume and is worth USD 40 billion in terms of value.
Incorrect
The Union Cabinet has approved Production Linked Incentive (PLI) Scheme for Pharmaceuticals over a period of Financial Year 2020-21 to 2028-29.
The scheme will be part of the umbrella scheme for the Development of Pharmaceutical Industry. The objective of the scheme is to enhance India’s manufacturing capabilities by increasing investment and production in the sector and contributing to product diversification to high value goods in the pharmaceutical sector.
The scheme shall cover pharmaceutical goods under three categories as mentioned below:
Category 1: Biopharmaceuticals; Complex generic drugs; Patented drugs or drugs nearing patent expiry; Cell based or gene therapy drugs; Orphan drugs; Special empty capsules like HPMC, Pullulan, enteric etc.; Complex excipients; Phyto-pharmaceuticals: Other drugs as approved.Category 2: Active Pharmaceutical Ingredients / Key Starting Materials / Drug Intermediates.
Category 3: Repurposed drugs; Auto immune drugs, anti-cancer drugs, anti-diabetic drugs, anti-infective drugs, cardiovascular drugs, psychotropic drugs and anti-retroviral drugs; In vitro diagnostic devices; Other drugs as approved; Other drugs not manufactured in India.
# Indian pharmaceutical industry is 3rd largest in the world by volume and is worth USD 40 billion in terms of value.
- Question 5 of 10
5. Question
1 pointsThe Maritime India Summit 2021 is being organised by which of the following institution?
Correct
The Maritime India Summit 2021, maiden flagship initiative of the Minister of State for Ports, Shipping & Waterways Government of India is being organised from 2nd March to 4th March 2021, to promote both international and domestic investment in the Ports and Maritime Sector.
The event will be attended by various stakeholders in the maritime sector including senior and eminent policy planners, domestic and international investors, CEOs of Indian and global maritime companies, industry experts, thought leaders, technology providers, bankers and insurers, representatives of major ports and shipping lines from across the world.Incorrect
The Maritime India Summit 2021, maiden flagship initiative of the Minister of State for Ports, Shipping & Waterways Government of India is being organised from 2nd March to 4th March 2021, to promote both international and domestic investment in the Ports and Maritime Sector.
The event will be attended by various stakeholders in the maritime sector including senior and eminent policy planners, domestic and international investors, CEOs of Indian and global maritime companies, industry experts, thought leaders, technology providers, bankers and insurers, representatives of major ports and shipping lines from across the world. - Question 6 of 10
6. Question
1 pointsWhich of the following animal dormant states is/are correctly matched?
1. Hibernation – Hot or dry period
2. Brumation – Winter
3. Estivation – Summer
Select the correct answer using the code given below:Correct
The environment that an animal lives in affects their dormancy behavior greatly. Animals might go through hibernation, brumation or estivation (aestivation).
Hibernation refers to the deep sleep that some warm-blooded animals engage in during the winter. Brumation is known as the hibernation for cold-blooded animals.
Estivation is when animals are dormant because weather conditions are very hot and dry. Their breathing rate, heart rate and metabolic rate decrease to conserve energy under these harsh conditions.
Therefore, only option 2 is correctly matched.Incorrect
The environment that an animal lives in affects their dormancy behavior greatly. Animals might go through hibernation, brumation or estivation (aestivation).
Hibernation refers to the deep sleep that some warm-blooded animals engage in during the winter. Brumation is known as the hibernation for cold-blooded animals.
Estivation is when animals are dormant because weather conditions are very hot and dry. Their breathing rate, heart rate and metabolic rate decrease to conserve energy under these harsh conditions.
Therefore, only option 2 is correctly matched. - Question 7 of 10
7. Question
1 pointsConsider the following statements regarding the Sun:
1. The Sun rotates more quickly at its equator than at its poles.
2. Sunspots are darker and at higher temperature than other areas on Sun.
Which of the statements given above is/are correct?Correct
Statement 1 is correct. Since the Sun is a ball of gas/plasma, it does not have to rotate rigidly like the solid planets and moons do. In fact, the Sun’s equatorial regions rotate faster (taking only about 24 days) than the polar regions (which rotate once in more than 30 days).
This differential rotation persists to about a third of the way inside the Sun, where the rotation becomes uniform from pole to pole.
Statement 2 is incorrect. Sunspots are areas that appear dark on the surface of the Sun. They appear dark because they are cooler than other parts of the Sun’s surface. Solar flares are a sudden explosion of energy caused by tangling, crossing or reorganizing of magnetic field lines near sunspots.Incorrect
Statement 1 is correct. Since the Sun is a ball of gas/plasma, it does not have to rotate rigidly like the solid planets and moons do. In fact, the Sun’s equatorial regions rotate faster (taking only about 24 days) than the polar regions (which rotate once in more than 30 days).
This differential rotation persists to about a third of the way inside the Sun, where the rotation becomes uniform from pole to pole.
Statement 2 is incorrect. Sunspots are areas that appear dark on the surface of the Sun. They appear dark because they are cooler than other parts of the Sun’s surface. Solar flares are a sudden explosion of energy caused by tangling, crossing or reorganizing of magnetic field lines near sunspots. - Question 8 of 10
8. Question
1 pointsConsider the following statements regarding the Alzheimer’s Disease:
1. It is a bacterial disease with no cure.
2. It causes the brain to shrink and brain cells to die.
Which of the statements given above is/are correct?Correct
Statement 1 is incorrect. The exact causes of Alzheimer’s disease aren’t fully understood. But at a basic level, brain proteins fail to function normally, which disrupts the work of brain cells (neurons) and triggers a series of toxic events. Neurons are damaged, lose connections to each other and eventually die.
Scientists believe that for most people, Alzheimer’s disease is caused by a combination of genetic, lifestyle and environmental factors that affect the brain over time.
Statement 2 is correct. Alzheimer’s disease is a progressive neurologic disorder that causes the brain to shrink (atrophy) and brain cells to die. Alzheimer’s disease is the most common cause of dementia — a continuous decline in thinking, behavioral and social skills that affects a person’s ability to function independently.
# The novel drug candidate TGR63 developed by the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), an autonomous institute of the Department of Science & Technology team has potential as a promising drug candidate for AD treatment.Incorrect
Statement 1 is incorrect. The exact causes of Alzheimer’s disease aren’t fully understood. But at a basic level, brain proteins fail to function normally, which disrupts the work of brain cells (neurons) and triggers a series of toxic events. Neurons are damaged, lose connections to each other and eventually die.
Scientists believe that for most people, Alzheimer’s disease is caused by a combination of genetic, lifestyle and environmental factors that affect the brain over time.
Statement 2 is correct. Alzheimer’s disease is a progressive neurologic disorder that causes the brain to shrink (atrophy) and brain cells to die. Alzheimer’s disease is the most common cause of dementia — a continuous decline in thinking, behavioral and social skills that affects a person’s ability to function independently.
# The novel drug candidate TGR63 developed by the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), an autonomous institute of the Department of Science & Technology team has potential as a promising drug candidate for AD treatment. - Question 9 of 10
9. Question
1 points. Which of the following reports/indices are correctly matched?
1. Rule of Law Index – Freedom House
2. Press Freedom Index – Reporters Without Borders (RSF)
3. Corruption Perception Index – Transparency International
Select the correct answer using the code given below:Correct
The Rule of Law Index is a quantitative assessment tool by the World Justice Project (WJP) designed to offer a detailed and comprehensive picture of the extent to which countries adhere to the rule of law in practice.
The Paris based Reporters Without Borders (RSF) publishes annually a World Press Freedom Index (WPFI) purporting to evaluate the level of freedom available to the media.
Since its inception in 1995, the Corruption Perceptions Index, Transparency International’s flagship research product Corruption Perceptions Index (CPI) ranks countries “by their perceived levels of public sector corruption, as determined by expert assessments and opinion surveys.”Incorrect
The Rule of Law Index is a quantitative assessment tool by the World Justice Project (WJP) designed to offer a detailed and comprehensive picture of the extent to which countries adhere to the rule of law in practice.
The Paris based Reporters Without Borders (RSF) publishes annually a World Press Freedom Index (WPFI) purporting to evaluate the level of freedom available to the media.
Since its inception in 1995, the Corruption Perceptions Index, Transparency International’s flagship research product Corruption Perceptions Index (CPI) ranks countries “by their perceived levels of public sector corruption, as determined by expert assessments and opinion surveys.” - Question 10 of 10
10. Question
1 pointsConsider the following statements regarding BRICS:
1. BRICS National Security Advisors’ meeting deliberates on Counter Terrorism, Cyber Security, peace & stability as well as national security of BRICS countries.
2. India is the chair of BRICS for 2021.
Which of the statements given above is/are correct?Correct
The leaders of BRIC (Brazil, Russia, India, and China) countries met for the first time in St. Petersburg, Russia, on the margins of G8 Outreach Summit in July 2006. BRIC group was renamed as BRICS (Brazil, Russia, India, China, South Africa) after South Africa was accepted as a full member at the BRIC Foreign Ministers’ meeting in New York in September 2010.
Statement 1 is correct. BRICS National Security Advisors’ meeting is an important component of the BRICS Political and Security Pillar of cooperation. Under this meeting, the High Representatives on National Security deliberate on security issues such as Counter Terrorism, Cyber Security, peace & stability, transnational organized crime, as well as national security of BRICS countries.
Statement 2 is correct. India assumed the BRICS Chairship in 2021, at a time when BRICS is celebrating its 15th anniversary. Under the theme BRICS@15: Intra-BRICS Cooperation, India’s approach is focused on strengthening collaboration through Continuity, Consolidation and Consensus.
# India hosted a Meeting of BRICS Finance and Central Bank Deputies recently.Incorrect
The leaders of BRIC (Brazil, Russia, India, and China) countries met for the first time in St. Petersburg, Russia, on the margins of G8 Outreach Summit in July 2006. BRIC group was renamed as BRICS (Brazil, Russia, India, China, South Africa) after South Africa was accepted as a full member at the BRIC Foreign Ministers’ meeting in New York in September 2010.
Statement 1 is correct. BRICS National Security Advisors’ meeting is an important component of the BRICS Political and Security Pillar of cooperation. Under this meeting, the High Representatives on National Security deliberate on security issues such as Counter Terrorism, Cyber Security, peace & stability, transnational organized crime, as well as national security of BRICS countries.
Statement 2 is correct. India assumed the BRICS Chairship in 2021, at a time when BRICS is celebrating its 15th anniversary. Under the theme BRICS@15: Intra-BRICS Cooperation, India’s approach is focused on strengthening collaboration through Continuity, Consolidation and Consensus.
# India hosted a Meeting of BRICS Finance and Central Bank Deputies recently.
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