Daily Quiz 6th August 2024
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Question 1 of 5
1. Question
1 pointsConsider the following statements with respect to the Defence Procurement and Acquisition process in India:
1. Defence Acquisition Council(DAC) is the highest decision-making body in the Ministry of Defence for procurement and is chaired by the Chief of Defence staff(CDS).
2. DAC was formed in 2001 following the recommendations of the the Group of Ministers on ‘Reforming the National Security System’.
3. Defence Procurement Board oversees all activities related to indigenous manufacture, under the Department of Defence.
Which of the statements given above is/are correct?Correct
Answer: C
Explanation: Defence Acquisition Council reviewed and approved amendments to the procurement deal for 31 MQ-9B Unmanned Aerial Vehicles (UAVs) from General Atomics, USA.
• Statement 1is incorrect:Defence acquisition, also known as military acquisition, is a comprehensive process involving the bureaucratic management and procurement of technologies, programs, and product support necessary for a nation’s national security strategy and the support of its armed forces. Defence procurement in India is at present governed by the Defense Procurement Procedure 2016 and the Defense Acquisition Procedure 2020.DAC is the highest decision-making body in the Ministry of Defence for procurement and is chaired by the defence minister. Its members are Chief of Defence Staff (CDS), Chiefs of Army, Navy, and Air Force. The main objective of the DAC is to ensure expeditious procurement of the approved requirements of the armed forces in terms of capabilities sought and time frame prescribed by optimally utilizing the allocated budgetary resources.
• Statement 2 is correct: DAC was formed in 2001 post Kargil War, following the recommendations of the Group of Ministers on ‘Reforming the National Security System’. The council was specifically created to address issues of corruption and to expedite the decision-making process in military procurement.
• Statement 3 is incorrect: TheDefence Procurement Board oversees all activities related to acquisition on the capital account in the Department of Defence flowing out of the ‘Buy’ and ‘Buy & Make’ decisions of the DAC. The Defence Production Board oversees all activities related to indigenous manufacture, under the Department of Defence Production, flowing from the ‘Buy & Make’ and ‘Make’ decisions of the DAC concerning import and Transfer of Technology.Incorrect
Answer: C
Explanation: Defence Acquisition Council reviewed and approved amendments to the procurement deal for 31 MQ-9B Unmanned Aerial Vehicles (UAVs) from General Atomics, USA.
• Statement 1is incorrect:Defence acquisition, also known as military acquisition, is a comprehensive process involving the bureaucratic management and procurement of technologies, programs, and product support necessary for a nation’s national security strategy and the support of its armed forces. Defence procurement in India is at present governed by the Defense Procurement Procedure 2016 and the Defense Acquisition Procedure 2020.DAC is the highest decision-making body in the Ministry of Defence for procurement and is chaired by the defence minister. Its members are Chief of Defence Staff (CDS), Chiefs of Army, Navy, and Air Force. The main objective of the DAC is to ensure expeditious procurement of the approved requirements of the armed forces in terms of capabilities sought and time frame prescribed by optimally utilizing the allocated budgetary resources.
• Statement 2 is correct: DAC was formed in 2001 post Kargil War, following the recommendations of the Group of Ministers on ‘Reforming the National Security System’. The council was specifically created to address issues of corruption and to expedite the decision-making process in military procurement.
• Statement 3 is incorrect: TheDefence Procurement Board oversees all activities related to acquisition on the capital account in the Department of Defence flowing out of the ‘Buy’ and ‘Buy & Make’ decisions of the DAC. The Defence Production Board oversees all activities related to indigenous manufacture, under the Department of Defence Production, flowing from the ‘Buy & Make’ and ‘Make’ decisions of the DAC concerning import and Transfer of Technology. -
Question 2 of 5
2. Question
1 pointsConsider the following statements with respect to the International LabourOrganisation (ILO):
- It was created in 1919, as part of theTreaty of Versailles that ended World War I.
- It is the only tripartite U.N. agency that brings together governments, employers and workers of all member states to devise policy.
- India was a founding member of the ILO.
Which of the statements given above is/are correct?
Correct
Answer: D
Explanation:
Statements 1, 2 and 3 are correct: The International Labour Organization (ILO) is a United Nations specialised agency founded in 1919. Its primary mission is to promote social justice and decent working conditions worldwide. It was created in 1919, as part of theTreaty of Versailles that ended World War I, to reflect the belief that universal and lasting peace can be accomplished only if it is based on social justice. The only tripartite U.N. agency, since 1919 the ILO brings together governments, employers and workers of 187 Member States, to set labour standards, develop policies and devise programmes promoting decent work for all women and men. India has been a founding Member of the ILO since 28 June 1919.India is a founder member of the International Labour Organization, which came into existence in 1919. In 1922, India became a permanent member of the ILO Governing Body and in 1928, the ILO office in India was established in New Delhi. India is reportedly considering raising a complaint against the UN agency regarding its India Employment Report, 2024 which claimed that 83% of India’s unemployed workforce comprises youth.
Incorrect
Answer: D
Explanation:
Statements 1, 2 and 3 are correct: The International Labour Organization (ILO) is a United Nations specialised agency founded in 1919. Its primary mission is to promote social justice and decent working conditions worldwide. It was created in 1919, as part of theTreaty of Versailles that ended World War I, to reflect the belief that universal and lasting peace can be accomplished only if it is based on social justice. The only tripartite U.N. agency, since 1919 the ILO brings together governments, employers and workers of 187 Member States, to set labour standards, develop policies and devise programmes promoting decent work for all women and men. India has been a founding Member of the ILO since 28 June 1919.India is a founder member of the International Labour Organization, which came into existence in 1919. In 1922, India became a permanent member of the ILO Governing Body and in 1928, the ILO office in India was established in New Delhi. India is reportedly considering raising a complaint against the UN agency regarding its India Employment Report, 2024 which claimed that 83% of India’s unemployed workforce comprises youth.
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Question 3 of 5
3. Question
1 pointsConsider the following statements with respect to CRISPR-Cas 9 system often seen in news:
- CRISPRoccurs naturally in some bacteria as a part of their immune system.
- Cas9 is an enzyme acting as molecular glue to join the DNA sequences post gene editing.
- It can be used to enhance crop resilience to drought and improve food crop traits.
Which of the statements given above is/are correct?
Correct
Answer: D
Explanation: Scientists from the CSIR-Institute of Genomics and Integrative Biology, New Delhi, have developed an enhanced genome-editing system that can modify DNA more precisely and more efficiently than existing CRISPR-based technologies.Researchers modified amino acids in FnCas9 that recognize the PAM sequence on the host genome, increasing the binding affinity of the protein to DNA. This modification led to a more effective gene editing tool that is also capable of editing regions of the genome that were previously hard to access.
- Statement 1 is correct:CRISPR occurs naturally in some bacteria, as a part of their immune systemthat limits infections by recognising and destroying viral DNA. In Nobel-prize winning work, scientists repurposed this bacterial defence mechanism to develop a novel approach for editing the genomes of higher-order organisms.
- Statement 2 isincorrect:CRISPR-Cas9 allows researchers to add, remove, or alter specific DNA sequences in animal genomes. It has two key components:
- Cas9, an enzyme acting as ‘molecular scissors‘ to cut DNA at specific locations.
- Guide RNA (gRNA), is designed to direct Cas9 to a precise genome spot. The gRNA binds to a matching DNA sequence, guiding Cas9 to make strategic cuts. Cells then attempt to repair this DNA break, allowing scientists to manipulate genes by adding, removing, or altering DNA segments.
Statement 3 is correct: It is used in agriculture to improve plant nutritional value and yield, and in health care for diagnosing and treating genetic disorders. Other applications include; treating genetic diseases, enhancing crop resilience to drought, improving food crop traits, and exploring the potential for bringing extinct species like the woolly mammoth and the dodo back to life.
Incorrect
Answer: D
Explanation: Scientists from the CSIR-Institute of Genomics and Integrative Biology, New Delhi, have developed an enhanced genome-editing system that can modify DNA more precisely and more efficiently than existing CRISPR-based technologies.Researchers modified amino acids in FnCas9 that recognize the PAM sequence on the host genome, increasing the binding affinity of the protein to DNA. This modification led to a more effective gene editing tool that is also capable of editing regions of the genome that were previously hard to access.
- Statement 1 is correct:CRISPR occurs naturally in some bacteria, as a part of their immune systemthat limits infections by recognising and destroying viral DNA. In Nobel-prize winning work, scientists repurposed this bacterial defence mechanism to develop a novel approach for editing the genomes of higher-order organisms.
- Statement 2 isincorrect:CRISPR-Cas9 allows researchers to add, remove, or alter specific DNA sequences in animal genomes. It has two key components:
- Cas9, an enzyme acting as ‘molecular scissors‘ to cut DNA at specific locations.
- Guide RNA (gRNA), is designed to direct Cas9 to a precise genome spot. The gRNA binds to a matching DNA sequence, guiding Cas9 to make strategic cuts. Cells then attempt to repair this DNA break, allowing scientists to manipulate genes by adding, removing, or altering DNA segments.
Statement 3 is correct: It is used in agriculture to improve plant nutritional value and yield, and in health care for diagnosing and treating genetic disorders. Other applications include; treating genetic diseases, enhancing crop resilience to drought, improving food crop traits, and exploring the potential for bringing extinct species like the woolly mammoth and the dodo back to life.
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Question 4 of 5
4. Question
1 pointsConsider the following pairs:
Active Groups Region
- Hezbollah Lebanon
- Houthis Sudan
- Janjaweed Kenya
How many of the groups given above are correctly matched?
Correct
Answer: A
Explanation:
- Pair 1 is correctly matched:Hezbollah is a Shiite Muslim political party and militant group based in Lebanon, where its extensive security apparatus, political organization, and social services network have fostered its reputation as “a state within a state.” Founded in the chaos of the fifteen-year Lebanese Civil War, the Iran-backed group is driven by its opposition to Israel and its resistance to Western influence in the Middle East.
- Pair 2 is incorrectly matched: The Houthis, also known as Ansar Allah, are an armed group that control most parts of Yemen, including the capital, Sanaa, and some of the western and northern areas close to Saudi Arabia. The Houthis emerged in the 1990s but rose to prominence in 2014, when the group rebelled against Yemen’s government, causing it to step down and sparking a crippling humanitarian crisis.
Pair 3 is incorrectly matched:The Janjaweed is a Sudanese Arab militia group that operates in Sudan, particularly in Darfur, and eastern Chad. They have also been speculated to be active in Yemen.
Incorrect
Answer: A
Explanation:
- Pair 1 is correctly matched:Hezbollah is a Shiite Muslim political party and militant group based in Lebanon, where its extensive security apparatus, political organization, and social services network have fostered its reputation as “a state within a state.” Founded in the chaos of the fifteen-year Lebanese Civil War, the Iran-backed group is driven by its opposition to Israel and its resistance to Western influence in the Middle East.
- Pair 2 is incorrectly matched: The Houthis, also known as Ansar Allah, are an armed group that control most parts of Yemen, including the capital, Sanaa, and some of the western and northern areas close to Saudi Arabia. The Houthis emerged in the 1990s but rose to prominence in 2014, when the group rebelled against Yemen’s government, causing it to step down and sparking a crippling humanitarian crisis.
Pair 3 is incorrectly matched:The Janjaweed is a Sudanese Arab militia group that operates in Sudan, particularly in Darfur, and eastern Chad. They have also been speculated to be active in Yemen.
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Question 5 of 5
5. Question
1 pointsThe Reserve Bank of India recently issued final guidelines on the classification of wilful defaulters. With respect to this, consider the following statements:
- RBI directed lenders to complete identifying and tagging of wilful defaulters within six months of the loan turning bad.
- The guidelines will be applicable to banks as well as non-banking financial companies (NBFCs), and financial institutions.
- National Bank for Agriculture and Rural Development(NABARD) has been kept outside the purview of the framework.
Which of the statements given above is/are correct?
Correct
Answer: A
Explanation:
- Statement 1 is correct: The Reserve Bank of India (RBI) on Tuesday issued final guidelines on the classification of wilful defaulters, directing lenders to complete identifying and tagging such a borrower within six months of it turning bad. A borrower will be classified as a wilful defaulter if they default on loans despite having the capacity to repay. The tag would also apply to those who have diverted funds taken from lenders or “siphoned off the funds availed under the credit facility from lender. The regulator added that lenders will have to check all bad loans of ₹25 lakh and above for signs of wilful default. If banks in their internal preliminary screenings find that a borrower has wilfully defaulted on a loan, they would have to complete the entire process of categorising the borrower as a wilful defaulter within six months.
Statement 2 is correct while statement 3 is incorrect: The guidelines will be applicable to banks, non-banking financial companies (NBFCs), and financial institutions such as the Export-Import Bank of India (Exim Bank) and the National Bank for Agriculture and Rural Development (Nabard). According to RBI, the evidence of wilful default will have to be examined by an identification committee.
Incorrect
Answer: A
Explanation:
- Statement 1 is correct: The Reserve Bank of India (RBI) on Tuesday issued final guidelines on the classification of wilful defaulters, directing lenders to complete identifying and tagging such a borrower within six months of it turning bad. A borrower will be classified as a wilful defaulter if they default on loans despite having the capacity to repay. The tag would also apply to those who have diverted funds taken from lenders or “siphoned off the funds availed under the credit facility from lender. The regulator added that lenders will have to check all bad loans of ₹25 lakh and above for signs of wilful default. If banks in their internal preliminary screenings find that a borrower has wilfully defaulted on a loan, they would have to complete the entire process of categorising the borrower as a wilful defaulter within six months.
Statement 2 is correct while statement 3 is incorrect: The guidelines will be applicable to banks, non-banking financial companies (NBFCs), and financial institutions such as the Export-Import Bank of India (Exim Bank) and the National Bank for Agriculture and Rural Development (Nabard). According to RBI, the evidence of wilful default will have to be examined by an identification committee.
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