Daily Quiz 4 October 2024
Quiz-summary
0 of 5 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
Information
- Click on – ‘Start Quiz’ button
- Solve Questions
- Click on ‘Next’ button
- Click on ‘Finish Quiz’ button
- Now click on ‘View Questions’ button – here you will see solutions and links.
- The test contains a total of 5 questions.
- Click on the most appropriate option to mark it as your answer.
- You will be awarded Two marks for each correct answer.
- You can change your answer by clicking on some other option.
- A Number list of all questions appears at the top side of the screen.
- You can access the questions in any order by clicking on the question number given on the number list.
- You can use rough sheets while taking the test.
- Do not use calculators, log tables, dictionaries, or any other printed/online reference material during the test.
- Do not click the button “Finish Quiz” before completing the test. A test once submitted cannot be resumed.
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
- 1
- 2
- 3
- 4
- 5
- Answered
- Review
-
Question 1 of 5
1. Question
1 pointsAccording to a RBI Report India’s NBFC(Non-Banking Financial Company) sector has shown resilience under the scale-based regulations (SBR) framework. The SBR classifies NBFCs into four layers based on:
1. Size of the NBFC
2. Location of the NBFC
3. Nature of Activities
4. Percieved riskiness
Select the correct answer using the code given below:Correct
Answer: B
Explanation:
- Option (b) is correct: A Non-Banking Financial Company (NBFC) is a company that offers financial services such as loans, insurance, and more. According to a RBI Report India’s NBFC sector has shown resilience under the scale-based regulations (SBR) framework with improved asset quality, diversified funding and strong credit growth. SBR is a revised regulatory framework that aims to align regulations with the changing risk profiles of NBFCs. The SBR classifies NBFCs into four layers based on their size, activity, and perceived riskiness: Base layer, Middle layer, Upper layer, and Top layer. The SBR framework is based on the principle of proportionality and aims to narrow the regulatory gap between banks and large NBFCs while still allowing for operational flexibility.
Incorrect
Answer: B
Explanation:
- Option (b) is correct: A Non-Banking Financial Company (NBFC) is a company that offers financial services such as loans, insurance, and more. According to a RBI Report India’s NBFC sector has shown resilience under the scale-based regulations (SBR) framework with improved asset quality, diversified funding and strong credit growth. SBR is a revised regulatory framework that aims to align regulations with the changing risk profiles of NBFCs. The SBR classifies NBFCs into four layers based on their size, activity, and perceived riskiness: Base layer, Middle layer, Upper layer, and Top layer. The SBR framework is based on the principle of proportionality and aims to narrow the regulatory gap between banks and large NBFCs while still allowing for operational flexibility.
-
Question 2 of 5
2. Question
1 pointsThe National Sample Survey Office (NSSO) has released the Periodic Labour Force Survey (PLFS) Annual Report from (July, 2023 – June, 2024). With respect to the findings of the report, consider the following statements:
- The unemployment rate for persons aged 15 years and above increased during the reporting period.
- The unemployment rate for males slightly increased while it slightly declined for females.
- Labour Force Participation Rate for both men and women saw an increase.
Which of the statements given above is/are correct?
Correct
Answer: D
Explanation: The National Sample Survey Office (NSSO) has released the Periodic Labour Force Survey (PLFS) Annual Report from (July, 2023 – June, 2024). It is a survey conducted by the National Sample Survey Office (NSSO) to collect data on employment and unemployment in India.
- Statements 1 and 2 are incorrect: Unemployment Rate (UR) refers to the percentage of persons unemployed among persons in the labour force. The unemployment rate for persons aged 15 years and above remained unchanged at 3.2% during the reporting period. For males, the unemployment rate slightly declined from 3.3% in the previous year to 3.2%. In contrast, the unemployment rate for females increased from 2.9% to 3.2%, marking its first rise in 7 years.
- Statement 3 is correct: Labour Force Participation Rate (LFPR) refers to the percentage of persons in the labour force (i.e. working or seeking or available for work) in the population. LFPR for individuals aged 15 and above rose to 60.1%, up from 57.9% in the previous year. The LFPR for males increased marginally from 78.5% to 78.8%, while for females, it saw a significant rise from 37.0% to 41.7%.
Worker Population Ratio (WPR) indicates the percentage of employed individuals in the population. It improved to 58.2%, up from 56.0% in the previous year.
Incorrect
Answer: D
Explanation: The National Sample Survey Office (NSSO) has released the Periodic Labour Force Survey (PLFS) Annual Report from (July, 2023 – June, 2024). It is a survey conducted by the National Sample Survey Office (NSSO) to collect data on employment and unemployment in India.
- Statements 1 and 2 are incorrect: Unemployment Rate (UR) refers to the percentage of persons unemployed among persons in the labour force. The unemployment rate for persons aged 15 years and above remained unchanged at 3.2% during the reporting period. For males, the unemployment rate slightly declined from 3.3% in the previous year to 3.2%. In contrast, the unemployment rate for females increased from 2.9% to 3.2%, marking its first rise in 7 years.
- Statement 3 is correct: Labour Force Participation Rate (LFPR) refers to the percentage of persons in the labour force (i.e. working or seeking or available for work) in the population. LFPR for individuals aged 15 and above rose to 60.1%, up from 57.9% in the previous year. The LFPR for males increased marginally from 78.5% to 78.8%, while for females, it saw a significant rise from 37.0% to 41.7%.
Worker Population Ratio (WPR) indicates the percentage of employed individuals in the population. It improved to 58.2%, up from 56.0% in the previous year.
-
Question 3 of 5
3. Question
1 pointsWith respect to the Minerals Security Finance Network (MSFN) recently seen in news, consider the following statements:
- It is a United States led initiative that aims to strengthen global cooperation in securing critical mineral supply chains.
- India is not an official member of MSFN but acts as an observer.
- The MSFN can be leveraged by India to help its public sector undertakings (PSUs) acquire critical mineral assets abroad.
Which of the statements given above is/are correct?
Correct
Answer: C
Explanation:
- Statement 1 is correct: MSFN is a US-led initiative that aims to strengthen global cooperation in securing critical mineral supply chains. It has emerged from the Minerals Security Partnership (MSP). Its objective is to promote cooperation, information exchange and co-financing among institutions from the Indo-Pacific region and Europe. It aims to ensure that critical minerals are produced, processed, and recycled in a manner that supports the ability of countries to realise the full economic development benefit of their geological endowments.
- Statement 2 is incorrect: Recently, India has officially joined the US-led Minerals Security Finance Network. Other Members are (14): United States, Australia, Canada, Estonia, Finland, France, Germany, India, Italy, Japan, the Republic of Korea, Norway, Sweden, the United Kingdom, and the European Union.
Statement 3 is correct: India’s membership in the MSFN can help diversify and secure its supply of critical minerals. India can also leverage the MSFN to help its public sector undertakings (PSUs) acquire critical mineral assets abroad.
Incorrect
Answer: C
Explanation:
- Statement 1 is correct: MSFN is a US-led initiative that aims to strengthen global cooperation in securing critical mineral supply chains. It has emerged from the Minerals Security Partnership (MSP). Its objective is to promote cooperation, information exchange and co-financing among institutions from the Indo-Pacific region and Europe. It aims to ensure that critical minerals are produced, processed, and recycled in a manner that supports the ability of countries to realise the full economic development benefit of their geological endowments.
- Statement 2 is incorrect: Recently, India has officially joined the US-led Minerals Security Finance Network. Other Members are (14): United States, Australia, Canada, Estonia, Finland, France, Germany, India, Italy, Japan, the Republic of Korea, Norway, Sweden, the United Kingdom, and the European Union.
Statement 3 is correct: India’s membership in the MSFN can help diversify and secure its supply of critical minerals. India can also leverage the MSFN to help its public sector undertakings (PSUs) acquire critical mineral assets abroad.
-
Question 4 of 5
4. Question
1 pointsTuvalu which is composed of 9 coral islands is pushing for international recognition of its maritime boundaries and statehood even if it is submerged by rising seas. Tuvalu is located in –
Correct
Answer: A
Explanation:
Option (a) is correct: Covering a total land area of only 26 sq. km, Tuvalu is a Polynesian nation located in the west-central Pacific Ocean. One of the smallest nations in the world, Tuvalu is a collection of small islands and atolls largely made out of coral reefs and volcanic rock. Isolated from its neighbors, Tuvalu is located south of both Kiribati and Nauru with the nearest nation being Fiji more than 1,000 km away. The economy relies on fishing, agriculture, and remittances, while its culture is deeply rooted in Polynesian traditions. Tuvalu wants to amend the UN Convention on the Law of the Sea to recognize its maritime borders as permanent.
Incorrect
Answer: A
Explanation:
Option (a) is correct: Covering a total land area of only 26 sq. km, Tuvalu is a Polynesian nation located in the west-central Pacific Ocean. One of the smallest nations in the world, Tuvalu is a collection of small islands and atolls largely made out of coral reefs and volcanic rock. Isolated from its neighbors, Tuvalu is located south of both Kiribati and Nauru with the nearest nation being Fiji more than 1,000 km away. The economy relies on fishing, agriculture, and remittances, while its culture is deeply rooted in Polynesian traditions. Tuvalu wants to amend the UN Convention on the Law of the Sea to recognize its maritime borders as permanent.
-
Question 5 of 5
5. Question
1 pointsConsider the following pairs of Indian Space Research Organisation’s (ISRO) missions in news:
ISRO missions Objective
- Aditya L-1 To study Sun from the Earth-Sun Lagrange point (L1)
- ShukraYaan-1 To study the surface and subsurface characteristics of Venus
- TRISHNA To study Jupiter Trojans
How many of the pairs given above are correctly matched?
Correct
Answer: B
Explanation:
- Pair 1 is correctly matched: Aditya L1 is India’s solar science mission aimed at studying the Sun from the Earth-Sun Lagrange point (L1). It observed a solar storm in May 2024. Mission focuses on understanding solar activities and their impact on space weather.
- Pair 2 is correctly matched: Venus Orbiter Mission (VOM) is a planned mission by the ISRO aimed at exploring Venus, Earth’s closest planetary neighbour. It is also known as ShukraYaan-1. Its objectives are:
- To investigate the surface and subsurface characteristics of Venus, including geological composition and volcanic activity.
- To analyse the atmospheric dynamics and chemical processes, including studying solar irradiance and its effects on the Venusian atmosphere.
- The mission aims to provide insights into why Venus evolved differently from Earth, despite their similar sizes and initial conditions.
- Pair 3 is incorrectly matched: TRISHNA stands for Thermal Infra-Red Imaging Satellite for High-resolution Natural Resource Assessment (TRISHNA) mission. It will operate in a Sun-synchronous (SSO) orbit for a period of five years. It is to be launched In 2026 from the Satish Dhawan Space Centre on a PSLV rocket. Its objectives are:
- Understand water use and stress in ecosystems.
- To assess urban heat islands and provide heat alerts.
To detect thermal anomalies linked to geothermal resources and volcanic activity.
Incorrect
Answer: B
Explanation:
- Pair 1 is correctly matched: Aditya L1 is India’s solar science mission aimed at studying the Sun from the Earth-Sun Lagrange point (L1). It observed a solar storm in May 2024. Mission focuses on understanding solar activities and their impact on space weather.
- Pair 2 is correctly matched: Venus Orbiter Mission (VOM) is a planned mission by the ISRO aimed at exploring Venus, Earth’s closest planetary neighbour. It is also known as ShukraYaan-1. Its objectives are:
- To investigate the surface and subsurface characteristics of Venus, including geological composition and volcanic activity.
- To analyse the atmospheric dynamics and chemical processes, including studying solar irradiance and its effects on the Venusian atmosphere.
- The mission aims to provide insights into why Venus evolved differently from Earth, despite their similar sizes and initial conditions.
- Pair 3 is incorrectly matched: TRISHNA stands for Thermal Infra-Red Imaging Satellite for High-resolution Natural Resource Assessment (TRISHNA) mission. It will operate in a Sun-synchronous (SSO) orbit for a period of five years. It is to be launched In 2026 from the Satish Dhawan Space Centre on a PSLV rocket. Its objectives are:
- Understand water use and stress in ecosystems.
- To assess urban heat islands and provide heat alerts.
To detect thermal anomalies linked to geothermal resources and volcanic activity.
Results
0 of 5 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
| Average score |
|
| Your score |
|
Categories
- Not categorized 0%
| Pos. | Name | Entered on | Points | Result |
|---|---|---|---|---|
| Table is loading | ||||
| No data available | ||||
Sharing is caring!
WhatsApp
