Daily Quiz 06 March 2025
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Question 1 of 5
1. Question
1 pointsConsider the following:
1. If for a period of thirty days, a member of either House of Parliament is absent from all meetings without permission, their seat becomes vacant.
2. If a member is of unsound mind and stands so declared by a competent court, their seat becomes vacant.
3. If a member resigns from their seat and the resignation is accepted by the Speaker or Chairman, their seat becomes vacant.
4. If a person is elected to both Parliament and a State Legislature and does not resign from the State Legislature within the period specified by the President, their seat in Parliament becomes vacant.
How many of the above conditions lead to the vacation of a seat in Parliament under the Constitution of India?Correct
Answer: C
Explanation:
● Statement 1 is incorrect: As per Article 101(4), a member’s seat is declared vacant if they are absent for sixty days without permission, not thirty days.
● Statement 2 is correct: Article 101(3)(a) states that a member’s seat becomes vacant if they become subject to any disqualification under Article 102(1) or (2). Since Article 102(1)(b) disqualifies a person declared of unsound mind by a competent court, their seat is vacated.
● Statement 3 is correct: Article 101(3)(b) states that if a member resigns in writing and the resignation is accepted by the Speaker (Lok Sabha) or Chairman (Rajya Sabha), their seat becomes vacant.
● Statement 4 is correct: Article 101(2) states that if a person is elected to both Parliament and a State Legislature, their seat in Parliament becomes vacant unless they resign from the State Legislature within the period specified by the President.Incorrect
Answer: C
Explanation:
● Statement 1 is incorrect: As per Article 101(4), a member’s seat is declared vacant if they are absent for sixty days without permission, not thirty days.
● Statement 2 is correct: Article 101(3)(a) states that a member’s seat becomes vacant if they become subject to any disqualification under Article 102(1) or (2). Since Article 102(1)(b) disqualifies a person declared of unsound mind by a competent court, their seat is vacated.
● Statement 3 is correct: Article 101(3)(b) states that if a member resigns in writing and the resignation is accepted by the Speaker (Lok Sabha) or Chairman (Rajya Sabha), their seat becomes vacant.
● Statement 4 is correct: Article 101(2) states that if a person is elected to both Parliament and a State Legislature, their seat in Parliament becomes vacant unless they resign from the State Legislature within the period specified by the President. -
Question 2 of 5
2. Question
1 pointsWith reference to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in India, consider the following statements:
- REITs and InvITs are required to invest at least 80% of their assets in completed and income-generating properties.
- The income generated by REITs primarily comes from tolls and user fees, whereas InvITs generate revenue from rental income.
- The minimum investment amount for both REITs and InvITs has been reduced to ₹10,000 – ₹15,000.
- REITs and InvITs were introduced in India during the global financial crisis of 2008.
How many of the above statements are correct?
Correct
Answer: B
Explanation:
- Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) are investment vehicles that pool money from investors to invest in real estate and infrastructure projects, respectively. These allow investors to gain exposure to real estate and infrastructure sectors without direct ownership. REITs primarily invest in income-generating real estate properties such as office buildings, shopping malls, hotels, and warehouses. Their main source of revenue is rental income from these properties.
- InvITs invest in infrastructure assets such as roads, highways, power plants, and telecom towers. They generate income from tolls, user fees, and tariffs collected from these projects. Both are regulated by SEBI (Securities and Exchange Board of India) and function similarly to mutual funds, with professional fund managers handling investments.
- Statement 1 is correct: REITs must invest at least 80% of their assets in completed and income-generating real estate properties. InvITs must invest at least 80% of their assets in completed and income-generating infrastructure projects.
- Statement 2 is incorrect: REITs generate revenue from rental income collected from commercial properties. InvITs generate revenue from tolls, user fees, and tariffs from infrastructure projects. This statement is incorrect because it incorrectly swaps the revenue sources of REITs and InvITs.
- Statement 3 is correct: Earlier, the minimum investment amount was ₹50,000 for REITs and ₹1 lakh for InvITs. Now, it has been reduced to ₹10,000 – ₹15,000 for both investment vehicles to encourage retail participation.
- Statement 4 is incorrect: REITs and InvITs were introduced in India in 2014, not before 2010.
Incorrect
Answer: B
Explanation:
- Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) are investment vehicles that pool money from investors to invest in real estate and infrastructure projects, respectively. These allow investors to gain exposure to real estate and infrastructure sectors without direct ownership. REITs primarily invest in income-generating real estate properties such as office buildings, shopping malls, hotels, and warehouses. Their main source of revenue is rental income from these properties.
- InvITs invest in infrastructure assets such as roads, highways, power plants, and telecom towers. They generate income from tolls, user fees, and tariffs collected from these projects. Both are regulated by SEBI (Securities and Exchange Board of India) and function similarly to mutual funds, with professional fund managers handling investments.
- Statement 1 is correct: REITs must invest at least 80% of their assets in completed and income-generating real estate properties. InvITs must invest at least 80% of their assets in completed and income-generating infrastructure projects.
- Statement 2 is incorrect: REITs generate revenue from rental income collected from commercial properties. InvITs generate revenue from tolls, user fees, and tariffs from infrastructure projects. This statement is incorrect because it incorrectly swaps the revenue sources of REITs and InvITs.
- Statement 3 is correct: Earlier, the minimum investment amount was ₹50,000 for REITs and ₹1 lakh for InvITs. Now, it has been reduced to ₹10,000 – ₹15,000 for both investment vehicles to encourage retail participation.
- Statement 4 is incorrect: REITs and InvITs were introduced in India in 2014, not before 2010.
-
Question 3 of 5
3. Question
1 pointsWhat is Majorana 1, recently seen in the news?
Correct
Answer: A
Explanation:
- Option A is correct: Majorana 1 is the new quantum computing chip developed by Microsoft.
- Microsoft has been successful in creating a new chip that would fast-track the development of a meaningful quantum computer from decades to a few years.
- Essentially, Microsoft has claimed to have found a novel way to create qubits (short for quantum bits), the basic unit of data that is stored and processed in a quantum computer. The company has also claimed that this novel way produces qubits that are more stable than those produced by existing methods.
Incorrect
Answer: A
Explanation:
- Option A is correct: Majorana 1 is the new quantum computing chip developed by Microsoft.
- Microsoft has been successful in creating a new chip that would fast-track the development of a meaningful quantum computer from decades to a few years.
- Essentially, Microsoft has claimed to have found a novel way to create qubits (short for quantum bits), the basic unit of data that is stored and processed in a quantum computer. The company has also claimed that this novel way produces qubits that are more stable than those produced by existing methods.
-
Question 4 of 5
4. Question
1 pointsConsider the following statements with reference to Coalition for Environmentally Sustainable Artificial Intelligence (AI):
- It is spearheaded by France, the UN Environment Programme (UNEP) and the International Telecommunication Union (ITU).
- It was announced at the Artificial Intelligence (AI) Action Summit in Paris in 2025.
Which of the statements given above is/are correct?
Correct
Answer: C
Explanation:
- Statement 1 is correct: Over 100 partners, including 37 tech companies, eleven countries and five international organisations, have joined forces under the Coalition for Environmentally Sustainable Artificial Intelligence (AI), aiming to ramp up global momentum to place AI on a more environmentally sustainable path. Spearheaded by France, the UN Environment Programme (UNEP) and the International Telecommunication Union (ITU), the Coalition brings together stakeholders across the AI value chain for dialogue and ambitious collaborative initiatives.
- Statement 2 is correct: The Coalition was announced at the Artificial Intelligence (AI) Action Summit in Paris, 2025, where Heads of State and Government, leaders of international organisations, CEOs, academics, artists, and members of civil society gathered to discuss support for AI innovation, adequate regulation, and respect for rights to ensure development of these technologies in the interests of all, including developing countries.
The Coalition will encourage AI initiatives for the planet, including its role in decarbonising economies, reducing pollution, preserving biodiversity, protecting the oceans, and ensuring humanity operates within planetary boundaries.
Incorrect
Answer: C
Explanation:
- Statement 1 is correct: Over 100 partners, including 37 tech companies, eleven countries and five international organisations, have joined forces under the Coalition for Environmentally Sustainable Artificial Intelligence (AI), aiming to ramp up global momentum to place AI on a more environmentally sustainable path. Spearheaded by France, the UN Environment Programme (UNEP) and the International Telecommunication Union (ITU), the Coalition brings together stakeholders across the AI value chain for dialogue and ambitious collaborative initiatives.
- Statement 2 is correct: The Coalition was announced at the Artificial Intelligence (AI) Action Summit in Paris, 2025, where Heads of State and Government, leaders of international organisations, CEOs, academics, artists, and members of civil society gathered to discuss support for AI innovation, adequate regulation, and respect for rights to ensure development of these technologies in the interests of all, including developing countries.
The Coalition will encourage AI initiatives for the planet, including its role in decarbonising economies, reducing pollution, preserving biodiversity, protecting the oceans, and ensuring humanity operates within planetary boundaries.
-
Question 5 of 5
5. Question
1 pointsConsider the following elements:
1. Scandium (Sc)
2. Yttrium (Y)
3. Lanthanum (La)
4. Chromium (Cr)
5. Neodymium (Nd)
How many of the above are classified as rare-earth elements (REE)?
(a) Only two
(b) Only three
(c) Only four
(d) All five
Correct
Answer: C
Explanation:
- Points 1, 2, 3 and 5 are correct: The Rare-earth Elements (REE) are a collection of 17 elements, namely, scandium, yttrium and lanthanides (15 elements in the periodic table with atomic numbers 57 to 71, namely, lanthanum (La), cerium (Ce), praseodymium (Pr), neodymium (Nd), promethium (Pm), samarium (Sm), europium (Eu), gadolinium (Gd), terbium (Tb), dysprosium (Dy), holmium (Ho), erbium (Er), thulium (Tm), ytterbium (Yb) and lutetium (Lu).
Point 4 is not correct: Chromium (Cr) is not a rare-earth element.
Incorrect
Answer: C
Explanation:
- Points 1, 2, 3 and 5 are correct: The Rare-earth Elements (REE) are a collection of 17 elements, namely, scandium, yttrium and lanthanides (15 elements in the periodic table with atomic numbers 57 to 71, namely, lanthanum (La), cerium (Ce), praseodymium (Pr), neodymium (Nd), promethium (Pm), samarium (Sm), europium (Eu), gadolinium (Gd), terbium (Tb), dysprosium (Dy), holmium (Ho), erbium (Er), thulium (Tm), ytterbium (Yb) and lutetium (Lu).
Point 4 is not correct: Chromium (Cr) is not a rare-earth element.
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Daily Quiz 04 March 2025
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