HomeDaily QuizUPSC Daily Quiz | 9 August 2024 UPSC Daily Quiz | 9 August 2024August, Daily Quiz | By admin /5 Daily Quiz - 9 August Tarun IAS offers a variety of courses and resources for UPSC aspirants, including a section for daily current affairs and quizzes. The institute was established with the goal of providing high-quality education and preparing students for the IAS exams. They aim to offer education that is up to date, challenging, and accessible regardless of the student's location or the time of dayTarun IAS emphasizes the importance of Current Affairs in both the prelims and mains of the UPSC exams, offering extensive materials and notes on the subject. Her For the most current and specific daily MCQs related to current affairs or any other subject, please click on the link below. 1 / 5 Q1. With reference to the Investor Education and Protection Fund (IEPF), consider the following statements:1) It has been established under provision of the Companies Act, 2013.2) The Amounts credited to IEPF are maintained under the Consolidated Fund of India.Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation:Relevance: A Bill proposing changes to banking laws, including giving an account holder the option of providing up to four nominees has been introduced in the Lok Sabha.Investor Education and Protection Fund (IEPF) has been established under provision of the Companies Act, 2013. (Hence, statement 1 is correct)The amounts such as dividends, applications money, matured deposits etc, which have remained unpaid or unclaimed for a period of 7 years are required to be transferred to the IEPF.The Amounts credited to IEPF are maintained under the Consolidated Fund of India (Article 266 of the Constitution). (Hence, statement 2 is correct)The Fund is also utilised for distribution of any disgorged amount among eligible applicants for shares or debentures, shareholders, debenture-holders or depositors who have suffered losses due to wrong actions by any person, in accordance with the orders made by the Court.When a person or entity in the securities market makes a profit by fraudulent means, a ‘disgorgement’ order is issued to repay those gains to affected investors with interest.Therefore, option (c) is the correct answer.Subject: Current Affairs | EconomyLevel of Difficulty: Moderate | FactualReferences:https://www.thehindu.com/news/national/bill-providing-up-to-4-nominees-for-bank-account-tabled/article68506049.ece#:~:text=A%20Bill%20proposing%20changes%20to,the%20Lok%20Sabha%20on%20Friday. 2 / 5 Q2. Pink bollworm is a major pest that inflicts significant damage to which of the following crops? Wheat Rice Cotton Maize Explanation:Relevance: The cotton crop size has reduced in the northern region (Punjab, Rajasthan, etc) by almost 35% because of pink bollworm infestation this season. Pink bollworm is a notorious pest that specifically attacks and damages cotton crops. It causes substantial economic losses to cotton farmers worldwide.Wheat, rice, and maize are not primary targets of the pink bollworm.Therefore, option (c) is the correct answer.Subject: Current Affairs | AgricultureLevel of Difficulty: Easy | FactualReferences:https://www.thehindu.com/business/falling-yields-diseases-driving-farmers-away-from-cotton/article68506007.ece#:~:text=India's%20cotton%20cultivation%20has%20declined,falling%20crop%20yields%20per%20hectare. 3 / 5 Q3. The primary objective of PM MITRA Parks is to: Promote tourism in underdeveloped regions of India. Develop a world-class manufacturing ecosystem in India. Increase agricultural productivity through advanced technology. Enhance India's renewable energy capacity. Explanation:Relevance: PM Mitra Parks to ensure strengthening of local economy & textile ecosystemThe Ministry of Textiles has launched PM Mega Integrated Textile Regions and Apparel Parks (PM MITRAs) Scheme to strengthen the Indian textile industry by way of enabling scale of operations, and reducing logistics cost by housing the entire value chain at one location.These parks are envisaged to be located at sites which have inherent strengths for the textile industry to flourish and have necessary linkages to succeed. The scheme envisages to leverage the Public Private Partnership model for fast paced implementation in a time-bound manner.The 7 PM MITRA Parks are being setup at Greenfield / Brownfield sites located in different willing States.PM MITRA Park will be developed by a Special Purpose Vehicle which will be owned by State Government and Government of India in a Public Private Partnership (PPP) Mode.PM MITRA Parks are envisaged to help India in achieving the United Nations Sustainable Development Goal 9 (Build resilient infrastructure, promote sustainable industrialization and foster innovation). Therefore, option (b) is the correct answer.Subject: Current Affairs | SchemesLevel of Difficulty: Easy | FactualReferences:https://pib.gov.in/PressReleasePage.aspx?PRID=2043807 4 / 5 Q4. Consider the following statements:Statement-I:Ground Level Ozone pollution is a more serious cause in the summer or hot weather conditions.Statement-II:High temperatures and abundant sunlight promote the chemical reactions that lead to the formation of ground-level ozone.Which one of the following is correct in respect of the above statements? Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I Statement-I is correct but Statement-II is incorrect Statement-I is incorrect but Statement-II is correct Explanation:Relevance: Ground-level ozone surges in 10 major cities, presents a new urban crisis in IndiaOzone is a gas composed of three atoms of oxygen. Ozone occurs both in the Earth's upper atmosphere and at ground level. Ozone can be good or bad, depending on where it is found.Called stratospheric ozone, good ozone occurs naturally in the upper atmosphere, where it forms a protective layer that shields us from the sun's harmful ultraviolet rays. However, ozone at ground level is a harmful air pollutant, because of its effects on people and the environment.How does ground-level ozone form?Tropospheric, or ground level ozone, is not emitted directly into the air, but is created by chemical reactions between oxides of nitrogen (NOx) and volatile organic compounds (VOC). Volatile organic compounds (VOCs) are carbon-containing gases and vapors such as gasoline fumes and solvents (but excluding carbon dioxide, carbon monoxide, methane, and chlorofluorocarbons). This happens when pollutants emitted by cars, power plants, industrial boilers, refineries, chemical plants, and other sources chemically react in the presence of sunlight and heat. (Hence, Statement-II is correct and Statement-II is the correct explanation for Statement-I)Thuss, Ground Level Ozone pollution is a more serious cause in the summer or hot weather conditions in urban environments, but can still reach high levels during colder months. (Hence, Statement-I is correct)Ozone can also be transported long distances by wind, so even rural areas can experience high ozone levels. Hence, both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I.Therefore, option (b) is the correct answer.Subject: Current Affairs | EnvironmentLevel of Difficulty: Moderate | FactualReferences:https://www.downtoearth.org.in/environment/ground-level-ozone-surges-in-10-major-cities-presents-a-new-urban-crisis-in-india 5 / 5 Q5. The primary objective of the 'Glowing, Glowing, Gone' campaign is to: Promote the use of LED bulbs to reduce electricity consumption. Create awareness about the harmful effects of light pollution on wildlife Draw attention to coral fluorescence due to climate change. Reduce the carbon footprint of the lighting industry. Explanation:Relevance: According to a new study, corals in the Great Barrier Reef face existential threat from the highest temperatures in 400 years.In partnership with the United Nations Environment Programme, the Ocean Agency has launched Glowing Glowing Gone, a creative awareness campaign that draws attention to coral fluorescence due to climate change.Coral fluorescence, or “glowing” coral, is a last line of defense before coral dies and bleaches.Therefore, option (c) is the correct answer.Subject: Current Affairs | EnvironmentLevel of Difficulty: Moderate | FactualReferences:https://www.downtoearth.org.in/climate-change/corals-in-great-barrier-reef-face-existential-threat-by-highest-temperatures-in-400-years-study Your score is 0% Restart quiz
