Daily Quiz 12 December 2024
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Question 1 of 5
1. Question
1 pointsWith respect to the USA Foreign Corrupt Practices Act (FCPA) recently seen in the news, consider the following statements:
1. It is enforced by the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC).
2. All companies listed on U.S. stock exchanges are subject to the FCPA’s accounting provisions.
3. Its jurisdiction is restricted to the actions conducted by the USA entities inside the country only.
Which of the statements given above is/are correct?Correct
Answer: B
Explanation:
- Statement 1 is correct: FCPA is an anti-corruption law enacted in 1977 to curb bribery and corruption involving U.S. individuals and entities in foreign countries. It is enforced by the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). It prohibits offering, paying, promising, or authorizing anything of value to foreign officials to gain or retain business or secure an improper advantage.
- Statement 2 is correct while statement 3 is incorrect: Scope of Application :
- Individuals and Companies: Includes citizens, residents, and corporations operating in or from the U.S.
- Foreign Companies and Nationals: If their activities have a connection to the U.S., such as using U.S. banking systems.
- Publicly Listed Companies: All companies listed on U.S. stock exchanges are subject to the FCPA’s accounting provisions.
- Its Jurisdiction applies to actions conducted anywhere in the world if they involve U.S. entities or their agents.
Incorrect
Answer: B
Explanation:
- Statement 1 is correct: FCPA is an anti-corruption law enacted in 1977 to curb bribery and corruption involving U.S. individuals and entities in foreign countries. It is enforced by the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). It prohibits offering, paying, promising, or authorizing anything of value to foreign officials to gain or retain business or secure an improper advantage.
- Statement 2 is correct while statement 3 is incorrect: Scope of Application :
- Individuals and Companies: Includes citizens, residents, and corporations operating in or from the U.S.
- Foreign Companies and Nationals: If their activities have a connection to the U.S., such as using U.S. banking systems.
- Publicly Listed Companies: All companies listed on U.S. stock exchanges are subject to the FCPA’s accounting provisions.
- Its Jurisdiction applies to actions conducted anywhere in the world if they involve U.S. entities or their agents.
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Question 2 of 5
2. Question
1 pointsConsider the following information:
Animal Found in IUCN Red List status
1. Asiatic lion Gir Forests Critically Endangered 2. Bengal tiger Sunderbans Endangered 3. Melanistic tiger Kanha Tiger reserve Endangered In how many of the above rows is the given information correctly matched?
Correct
Answer: A
Explanation:
- Row 1 is incorrectly matched: Asiatic lions are slightly smaller than African lions. Adult males weigh 160 to 190 kg, while females weigh 110 to 120 kg. The Gir Forest is the last remaining natural habitat for Asiatic lions, and is home to around 600 to 700 of the big cats. The lions live in a small area of dry deciduous forest and open grassy scrublands in the southwestern part of the Saurashtra region. The International Union for Conservation of Nature (IUCN) lists the Asiatic lion asvulnerable on the IUCN Red List. This is a significant improvement from its previous endangered status.
- Row 2 is correctly matched: Royal Bengal Tigers are also known as Indian Tiger and Bengal Tiger. They constitute a large population of tiger families in the world. The Bengal tiger is the National animal of India and is found mostly in India, China, Bhutan, Bangladesh, and Burma. According to the International Union for Conservation of Nature (IUCN), the Bengal tiger is Sundarbansis home to Royal Bengal tigers, Ridley Sea Turtles and many other wildlife species.
Row 3 is incorrectly matched: Melanistic tigers, also known as black tigers, are a rare variant of the Bengal tiger that can only be found in the Similipal Tiger Reserve in Odisha, India. The IUCN status of melanistic tigers is endangered. Odisha is set to open the world’s first melanistic tiger safari near the Similipal Tiger Reserve in 2024.
Incorrect
Answer: A
Explanation:
- Row 1 is incorrectly matched: Asiatic lions are slightly smaller than African lions. Adult males weigh 160 to 190 kg, while females weigh 110 to 120 kg. The Gir Forest is the last remaining natural habitat for Asiatic lions, and is home to around 600 to 700 of the big cats. The lions live in a small area of dry deciduous forest and open grassy scrublands in the southwestern part of the Saurashtra region. The International Union for Conservation of Nature (IUCN) lists the Asiatic lion asvulnerable on the IUCN Red List. This is a significant improvement from its previous endangered status.
- Row 2 is correctly matched: Royal Bengal Tigers are also known as Indian Tiger and Bengal Tiger. They constitute a large population of tiger families in the world. The Bengal tiger is the National animal of India and is found mostly in India, China, Bhutan, Bangladesh, and Burma. According to the International Union for Conservation of Nature (IUCN), the Bengal tiger is Sundarbansis home to Royal Bengal tigers, Ridley Sea Turtles and many other wildlife species.
Row 3 is incorrectly matched: Melanistic tigers, also known as black tigers, are a rare variant of the Bengal tiger that can only be found in the Similipal Tiger Reserve in Odisha, India. The IUCN status of melanistic tigers is endangered. Odisha is set to open the world’s first melanistic tiger safari near the Similipal Tiger Reserve in 2024.
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Question 3 of 5
3. Question
1 pointsConsider the following statements with respect to Saint Gorakhnath known for founding the Nath monastic movement in India and Nepal:
- He was a Buddhist Yogi who lived around 8th century BC.
- He was a disciple of Matsyendranath.
- His followers are called Kanphatas.
Which of the statements given above is/are correct?
Correct
Answer: B
Explanation:
- Statement 1 is incorrect: Gorakhnath was a Shaivism-affiliated Nath Yogi. He is said to havelived in the early 11th century. His adherents are primarily located in the Indian Himalayan Plains and Nepal. He was the influential founder of the Nath Hindu monastic movement in India.
- Statement 2 is correct: He is considered one of the two notable disciples of Matsyendranath, the other being . He is known for promoting self-discipline (yoga) and inclusive spiritual practices. He rejected caste-based and ritualistic barriers. His teachings emphasized Equality, incorporating followers from diverse backgrounds, including Muslims and lower-caste Hindus. The Nath tradition was initiated by Matsyendranath, blending Tantric Shaivism and Tantra-inspired Buddhism.
Statement 3 is correct: He mastered yoga, spiritual discipline, and a self-determined ethical existence as a method of achieving “Samadhi.” He has been linked to Hatha Yoga by several academics. He was the author of the first book on “Laya Yoga” and spent most of his time meditating. Yogis, Gorakhnathi, Darshani, or Kanphatas are the names given to his followers.
Incorrect
Answer: B
Explanation:
- Statement 1 is incorrect: Gorakhnath was a Shaivism-affiliated Nath Yogi. He is said to havelived in the early 11th century. His adherents are primarily located in the Indian Himalayan Plains and Nepal. He was the influential founder of the Nath Hindu monastic movement in India.
- Statement 2 is correct: He is considered one of the two notable disciples of Matsyendranath, the other being . He is known for promoting self-discipline (yoga) and inclusive spiritual practices. He rejected caste-based and ritualistic barriers. His teachings emphasized Equality, incorporating followers from diverse backgrounds, including Muslims and lower-caste Hindus. The Nath tradition was initiated by Matsyendranath, blending Tantric Shaivism and Tantra-inspired Buddhism.
Statement 3 is correct: He mastered yoga, spiritual discipline, and a self-determined ethical existence as a method of achieving “Samadhi.” He has been linked to Hatha Yoga by several academics. He was the author of the first book on “Laya Yoga” and spent most of his time meditating. Yogis, Gorakhnathi, Darshani, or Kanphatas are the names given to his followers.
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Question 4 of 5
4. Question
1 pointsConsider the following statements with respect to Nanozymes often seen in news:
- These are rare naturally occuring enzymes which are extremely small in size.
- These are less stable and highly expensive to produce compared to other natural enzymes.
- They have been used as therapeutics against cancer and inflammatory diseases
Which of the statements given above is/are correct?
Correct
Answer: D
Explanation:
- Statement 1 is incorrect: Nanozymes are a class of nanomaterials with enzyme-like catalytic activities. Researchers are expanding the horizons of artificial enzymes known as “nanozymes” to use them as catalysts for transforming biomaterials for their futuristic use in medicinal and biomedical applications.
- Statement 2 is incorrect: In comparison to natural enzymes, nanozymes have a number of advantages. They are less expensive and recyclable. Nanozymes can also be easily manufactured and stored for long periods of time further reducing their cost. Typical inorganic enzymes require high temperature, high pressure and extreme pH conditions. In contrast, nanozymes are able to work in environments closer to physiological conditions and respond to a range of external stimuli. Nanozymes are highly stable and can be used in harsh environments
Statement 3 is correct: Nanozymes have a large range of applications for diagnostic medicine, targeted therapy, and biosensing. Nanozymes have been used as therapeutics against cancer, inflammatory diseases, neurodegenerative and neurological disorders, bacterial, fungal and viral infections, wounds and diseases associated with Reactive Oxygen Species.
Incorrect
Answer: D
Explanation:
- Statement 1 is incorrect: Nanozymes are a class of nanomaterials with enzyme-like catalytic activities. Researchers are expanding the horizons of artificial enzymes known as “nanozymes” to use them as catalysts for transforming biomaterials for their futuristic use in medicinal and biomedical applications.
- Statement 2 is incorrect: In comparison to natural enzymes, nanozymes have a number of advantages. They are less expensive and recyclable. Nanozymes can also be easily manufactured and stored for long periods of time further reducing their cost. Typical inorganic enzymes require high temperature, high pressure and extreme pH conditions. In contrast, nanozymes are able to work in environments closer to physiological conditions and respond to a range of external stimuli. Nanozymes are highly stable and can be used in harsh environments
Statement 3 is correct: Nanozymes have a large range of applications for diagnostic medicine, targeted therapy, and biosensing. Nanozymes have been used as therapeutics against cancer, inflammatory diseases, neurodegenerative and neurological disorders, bacterial, fungal and viral infections, wounds and diseases associated with Reactive Oxygen Species.
-
Question 5 of 5
5. Question
1 pointsThe Department of Telecommunications (DoT) has introduced draft rules to establish the Digital Bharat Nidhi (DBN). With respect to DBN, consider the following statements:
- It is a pool of funds generated by charging a 5% Universal Service Levy on the Adjusted Gross Revenue of all telecom operators.
- It has replaced the Universal Service Obligation Fund which was established under the Indian Telegraph (Amendment) Act, 2003.
- Contributions made by telecom companies towards the DBN are to be directly deposited in the DBN fund.
Which one of the following is correct in respect of the above statements?
Correct
Answer: A
Explanation:
- Statements 1 and 2 are correct: Digital Bharat Nidhi is a pool of funds generated by charging a 5% Universal Service Levy on the Adjusted Gross Revenue (AGR) of all telecom operators. It has replaced the Universal Service Obligation Fund (USOF) which was established under the Indian Telegraph (Amendment) Act, 2003. As per ‘The Telecommunications Act, 2023’ the Universal Service Obligation Fund, has become the Digital Bharat Nidhi. The DBN aims to support universal access to telecommunication services in underserved areas, along with funding research and development (R&D) in telecom technologies, supporting pilot projects, and introducing innovative telecom services and products.
Statement 3 is incorrect: An administrator will be appointed to manage the DBN, selecting implementers through competitive bidding or application invitations. Contributions from telecom companies to the DBN are to be initially credited to the Consolidated Fund of India and then transferred into the Digital Bharat Nidhi periodically.
Incorrect
Answer: A
Explanation:
- Statements 1 and 2 are correct: Digital Bharat Nidhi is a pool of funds generated by charging a 5% Universal Service Levy on the Adjusted Gross Revenue (AGR) of all telecom operators. It has replaced the Universal Service Obligation Fund (USOF) which was established under the Indian Telegraph (Amendment) Act, 2003. As per ‘The Telecommunications Act, 2023’ the Universal Service Obligation Fund, has become the Digital Bharat Nidhi. The DBN aims to support universal access to telecommunication services in underserved areas, along with funding research and development (R&D) in telecom technologies, supporting pilot projects, and introducing innovative telecom services and products.
Statement 3 is incorrect: An administrator will be appointed to manage the DBN, selecting implementers through competitive bidding or application invitations. Contributions from telecom companies to the DBN are to be initially credited to the Consolidated Fund of India and then transferred into the Digital Bharat Nidhi periodically.
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