Quiz: Daily Quiz 19 September 2023
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Question 1 of 5
1. Question
2 pointsWhich one of the following statements is correct about core inflation?
Correct
Explanation:
The core inflation in India is observed to have been steady at 4.9 per cent as of August 2023.
- Option (1) and (3) are incorrect: Core inflation is the change in the costs of goods and servicesbut it does not include those from the food and energy sectors. Food and energy prices are exempt from this calculation because their prices can be too volatile or fluctuate wildly.
- Option (2) is incorrect: Core inflation is mostly calculated using the consumer price Index (CPI), which is a measure of prices for goods and services. Core inflation is used to determine the impact of rising prices on consumer income. If the increase in the price index is due to temporary shocksthat could soon reverse themselves, it may not require any monetary policy action. To deal with such situations, many central banks use measures of core inflation that are designed to filter the transitory price movements.
- Option (4) is correct: Core inflation by eliminating the volatile components from the headline helps in identifying the underlying trend in headline inflationand is believed to predict future inflation better. Core inflation is a convenient guide to help the central bank achieve its objective of controlling total inflation. Headline inflation refers to the rate of change in the CPI, a measure of the average price of a standard basket of goods and services consumed by a typical family.
Incorrect
Explanation:
The core inflation in India is observed to have been steady at 4.9 per cent as of August 2023.
- Option (1) and (3) are incorrect: Core inflation is the change in the costs of goods and servicesbut it does not include those from the food and energy sectors. Food and energy prices are exempt from this calculation because their prices can be too volatile or fluctuate wildly.
- Option (2) is incorrect: Core inflation is mostly calculated using the consumer price Index (CPI), which is a measure of prices for goods and services. Core inflation is used to determine the impact of rising prices on consumer income. If the increase in the price index is due to temporary shocksthat could soon reverse themselves, it may not require any monetary policy action. To deal with such situations, many central banks use measures of core inflation that are designed to filter the transitory price movements.
- Option (4) is correct: Core inflation by eliminating the volatile components from the headline helps in identifying the underlying trend in headline inflationand is believed to predict future inflation better. Core inflation is a convenient guide to help the central bank achieve its objective of controlling total inflation. Headline inflation refers to the rate of change in the CPI, a measure of the average price of a standard basket of goods and services consumed by a typical family.
-
Question 2 of 5
2. Question
2 pointsConsider the following statements about PM-WANI:
- PM-WANI aims to enhance the proliferation of public WiFi hotspots.
- The Public Data Office Aggregator establishes Wi-Fi hotspots to provide internet access to users in an area.
Which of the statements given above is/are correct?
Correct
Explanation:
- Statement 1 is correct: Prime Minister’s WiFi Access Network Interface (PM-WANI) was launched by the Department of Telecommunication in December 2020. It aims to enhance the proliferation of public WiFi hotspots to create robust digital communications infrastructure in the country, especially in rural areas. This was first recommended by the Telecom Regulatory Authority of India (TRAI) in 2017.
- Statement 2 is incorrect: PM-WANI ecosystem consists of four parts Public Data Office (PDO), Public Data Office Aggregator (PDOA), App Provider, and Central Registry. PDO establishes the Wi-Fi Hotspots and provides internet access to users. PDOA provides authorisation and accounting services to PDOs. The app provider displays the available hotspots in the phone’s proximity. The central registry overseen by the Centre for Development of Telematics maintains details of App Providers, PDOs, and PDOAs.
Incorrect
Explanation:
- Statement 1 is correct: Prime Minister’s WiFi Access Network Interface (PM-WANI) was launched by the Department of Telecommunication in December 2020. It aims to enhance the proliferation of public WiFi hotspots to create robust digital communications infrastructure in the country, especially in rural areas. This was first recommended by the Telecom Regulatory Authority of India (TRAI) in 2017.
- Statement 2 is incorrect: PM-WANI ecosystem consists of four parts Public Data Office (PDO), Public Data Office Aggregator (PDOA), App Provider, and Central Registry. PDO establishes the Wi-Fi Hotspots and provides internet access to users. PDOA provides authorisation and accounting services to PDOs. The app provider displays the available hotspots in the phone’s proximity. The central registry overseen by the Centre for Development of Telematics maintains details of App Providers, PDOs, and PDOAs.
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Question 3 of 5
3. Question
2 pointsWith reference to ‘Sacred Ensembles of the Hoysalas’, consider the following statements:
- Chennakeshava temple was commissioned by Rajendra Chola on the banks of the Tungabhadra River.
- Keshava Temple is built on a star-shaped platform with three symmetrical sanctums.
- The Sacred Ensembles of the Hoysalas have been included in UNESCO’s World Heritage List.
How many of the statements given above are correct?
Correct
Explanation:
- Statement 1 is incorrect: Chennakeshava Temple is also referred to as Vijayanarayana Temple of Belur. The temple was commissioned by Hoysala King Vishnuvardhana in 1117 CE, on the banks of the Yagachi River in Belur. The temple is devoted to The richly sculptured exterior of the temple narrates scenes from the life of Vishnu and his reincarnations and the epics, Ramayana, and Mahabharata. However, some of the representations of Shiva are also included.
- Statement 2 is correct: Keshava Temple is a Vaishnava temple on the banks of River Kaveri at Somanathapura, Karnataka. The main temple in the centre is on a high star-shaped platform with three symmetrical sanctums (garbha-griha). The temple was consecrated in 1258 CE by SomanathaDandanayaka, a general of the Hoysala King Narasimha III. The temple is enclosed in a courtyard with a pillared corridor of small shrines (damaged). The western sanctum was for a statue of Kesava (missing), the northern sanctum of Janardhana and the southern sanctum of Venugopala, all forms of Vishnu.
- Statement 3 is correct: The ‘Sacred Ensembles of the Hoysalas’, which includes three temples in Karnataka, have been inscribed on the UNESCO’s World Heritage List, bringing the total number of Indian sites on the list to 42.
Incorrect
Explanation:
- Statement 1 is incorrect: Chennakeshava Temple is also referred to as Vijayanarayana Temple of Belur. The temple was commissioned by Hoysala King Vishnuvardhana in 1117 CE, on the banks of the Yagachi River in Belur. The temple is devoted to The richly sculptured exterior of the temple narrates scenes from the life of Vishnu and his reincarnations and the epics, Ramayana, and Mahabharata. However, some of the representations of Shiva are also included.
- Statement 2 is correct: Keshava Temple is a Vaishnava temple on the banks of River Kaveri at Somanathapura, Karnataka. The main temple in the centre is on a high star-shaped platform with three symmetrical sanctums (garbha-griha). The temple was consecrated in 1258 CE by SomanathaDandanayaka, a general of the Hoysala King Narasimha III. The temple is enclosed in a courtyard with a pillared corridor of small shrines (damaged). The western sanctum was for a statue of Kesava (missing), the northern sanctum of Janardhana and the southern sanctum of Venugopala, all forms of Vishnu.
- Statement 3 is correct: The ‘Sacred Ensembles of the Hoysalas’, which includes three temples in Karnataka, have been inscribed on the UNESCO’s World Heritage List, bringing the total number of Indian sites on the list to 42.
-
Question 4 of 5
4. Question
2 pointsWhich of the following are potential applications of the Digital Public Infrastructure (DPI)?
- Transparent Carbon Markets
- Smart Energy Networks
- Climate-Resilient Urbanization
- Green Finance for Local Climate Action
Select the correct answer using the code given below:
Correct
Explanation:
The United Nations (UN) is actively involved in the initiative of “Digital Public Infrastructure” or DPIto leverage the power of digital technology to advance the Sustainable Development Goals (SDGs).
- Option (4) is correct: As per the United Nations, Digital Public Infrastructure (DPI) has played an important role in addressing various global challenges, particularly those related to climate change and sustainable development. Such as:
- Transparent Carbon Markets: DPI implement open-source, standardized components for carbon trading, digitize methodologies, establish consistent carbon registries, and introduce a Climate Action Data Trust layer. These measures can make carbon markets more efficient, transparent, and cost-effective, unlocking funding for climate projects.
- Smart Energy Networks: DPI implements a Unified Energy Interface (UEI) using open-source protocols to manage stored energy resources. UEI supports local energy grids, real-time energy balancing, and diverse energy solutions.
- Climate-Resilient Urbanization: DPI implements planning codes that prioritize green infrastructure and transit, manage waste efficiently using DPI, and equip cities with response plans for climate-induced disasters.
- Green Finance for Local Climate Action: DPI addresses challenges in climate financing, such as swift transactions, transparency, and complex transfers, by digitalizing result-based green financing. Utilize Government to People (G2P) payments through a DPI to efficiently funnel climate finance to those in need.
Incorrect
Explanation:
The United Nations (UN) is actively involved in the initiative of “Digital Public Infrastructure” or DPIto leverage the power of digital technology to advance the Sustainable Development Goals (SDGs).
- Option (4) is correct: As per the United Nations, Digital Public Infrastructure (DPI) has played an important role in addressing various global challenges, particularly those related to climate change and sustainable development. Such as:
- Transparent Carbon Markets: DPI implement open-source, standardized components for carbon trading, digitize methodologies, establish consistent carbon registries, and introduce a Climate Action Data Trust layer. These measures can make carbon markets more efficient, transparent, and cost-effective, unlocking funding for climate projects.
- Smart Energy Networks: DPI implements a Unified Energy Interface (UEI) using open-source protocols to manage stored energy resources. UEI supports local energy grids, real-time energy balancing, and diverse energy solutions.
- Climate-Resilient Urbanization: DPI implements planning codes that prioritize green infrastructure and transit, manage waste efficiently using DPI, and equip cities with response plans for climate-induced disasters.
- Green Finance for Local Climate Action: DPI addresses challenges in climate financing, such as swift transactions, transparency, and complex transfers, by digitalizing result-based green financing. Utilize Government to People (G2P) payments through a DPI to efficiently funnel climate finance to those in need.
-
Question 5 of 5
5. Question
2 pointsConsider the following statements about Right to Marry:
- The right to marry a person of one’s choice is an integral part of Article 21 of the Constitution.
- The Supreme Court upheld the right to marry the person of one’s choice as a fundamental right in the Shafin Jahan case of 2018.
Which of the statements given above is/are correct?
Correct
The Delhi High Court recently observed that the choice to choose a life partner cannot be affected by matters of faith and religion.
- Statement 1 is correct: The right to marry a person of one’s choice is not only underscored in the Universal Declaration of Human Rights but is also an integral facet of Article 21 of the Constitution. The court also reiterated that the choice to choose a life partner cannot in any way be affected by matters of faith and religion.
- Statement 2 is correct: In Shafin Jahan v Ashok KM (2018) the Supreme Court upheld the right to marry a person of one’s choice as an integral part of Article 21 that is, Right to Life and Personal Liberty. Right to Marry is not absolute, the right to life is guaranteed by the Constitution. This privilege can only be taken away by a law that is procedurally, procedurally, and substantively fair, just, and reasonable.
Incorrect
The Delhi High Court recently observed that the choice to choose a life partner cannot be affected by matters of faith and religion.
- Statement 1 is correct: The right to marry a person of one’s choice is not only underscored in the Universal Declaration of Human Rights but is also an integral facet of Article 21 of the Constitution. The court also reiterated that the choice to choose a life partner cannot in any way be affected by matters of faith and religion.
- Statement 2 is correct: In Shafin Jahan v Ashok KM (2018) the Supreme Court upheld the right to marry a person of one’s choice as an integral part of Article 21 that is, Right to Life and Personal Liberty. Right to Marry is not absolute, the right to life is guaranteed by the Constitution. This privilege can only be taken away by a law that is procedurally, procedurally, and substantively fair, just, and reasonable.
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