HomeDaily QuizUPSC Daily Quiz | 15 August 2024 UPSC Daily Quiz | 15 August 2024August, Daily Quiz | By admin | August 15, 2024 /5 Daily Quiz - 15 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. Under the Reserve Bank of India Act, 1934, RBI is entrusted with the responsibility of conducting monetary policy in India with the primary objective of: Providing adequate money supply in the economy. Regulating the banking and non-banking financial institutions. Maintaining price stability while keeping in mind the objective of growth. Monetizing the debt of the Central and State governments. Explanation:Monetary policy is the process of regulating either the cost of borrowing (typically of very short-term borrowing) or the money supply in an economy by the monetary authority, usually a central bank like the RBI in India.ย Under the Reserve Bank of India Act, 1934, RBI is entrusted with the responsibility of conducting monetary policy in India with the primary objective of maintaining price stability while keeping in mind the objective of growth.ย Therefore, option (c) is the correct answer.Subject: Current Affairs | EconomyLevel of Difficulty: Easy | Factual 2 / 5 Q2. With reference to the importance of Antarctica, consider the following statements:1) The Antarctic ice deflects some of the sunโs rays away from the Earth, keeping temperatures liveable.2) Antarctica is extremely rich and diverse in flora and fauna and is the biggest biodiversity hotspots on earth.3) The nutrient-rich waters surrounding Antarctica encourage blooms of tiny plankton, the basis of the ocean food chain.3) Antarctica provides a record of what our planetโs climate was like over the past one million years.Which of the statements given above are correct? 1 and 3 only 2 and 4 only 1, 3 and 4 only 1, 2, 3 and 4 Explanation:Antarctica is a vast ice-covered landmass surrounded by sea (unlike the Arctic, which is an ice-covered ocean surrounded by land). Antarctica is so dry it is classed as a polar desert.Why the Antarctic is so importantThe Antarctic ice deflects some of the sunโs rays away from the Earth, keeping temperatures liveable. (Hence, Statement 1 is correct)Even small-scale melting of the massive Antarctic ice sheets would raise global sea levels, and cause flooding around the world.The ocean surrounding the continent also supports masses of the worldโs sea life.The nutrient-rich waters encourage blooms of tiny plankton, the basis of the ocean food chain. (Hence, Statement 3 is correct)Antarctica is one of the world's most important โnatural laboratories.โ Locked in its four kilometre-thick ice sheet is a unique record of what our planetโs climate was like over the past one million years. (Hence, Statement 4 is correct)Because of the harsh environment, Antarctica is not extremely rich and diverse in flora and fauna and is not considered a biodiversity hotspot because it is still out of the reach of humans. (Hence, Statement 2 is not correct)Therefore, option (c) is the correct answer.Subject: Current Affairs | EnvironmentLevel of Difficulty: Easy | Factual 3 / 5 Q3. Which of the following statements correctly defines the reason why tornadoes are hard to predict? They occur for short durations, over a small area. They are associated with a dark, greenish sky. They suddenly change direction. They are very violent in nature. Explanation:A tornado is a violently rotating column of air that extends from a thunderstorm to the ground, with very low pressure at the centre.Tornadoes are hard to predict because compared to other extreme weather events, they are relatively small. That makes them difficult to observe.ย Meteorologists use Doppler radar, weather balloons, satellites, and computer modeling to watch the skies for severe storms and tornadic activity.Doppler radars record wind speeds and identify areas of rotation within thunderstorms.Therefore, option (a) is the correct answer.Subject: Current Affairs | GeographyLevel of Difficulty: Easy | Factual 4 / 5 Q4. With reference to the Mudumalai Tiger Reserve, consider the following statements:1) It forms a part of the Nilgiris Biosphere Reserve.2) It is home to the highest population of tigers in Kerala.ย 3) It is one of the Tiger Reserves who have received CA|TS accreditation.Which of the statements given above is/are correct? 1 only 1 and 3 only 2 only 2 and 3 only Explanation:Mudumalai Tiger Reserve: Location and Significanceย ย Mudumalai Tiger Reserve is located in the Nilgiris District of Tamil Nadu.It lies on the North eastern and North Western slopes of Nilgiris at the tri-junction of Kerala, Karnataka and Tamil Nadu.It plays a unique role by forming part of the Nilgiris Biosphere Reserve, the first Biosphere Reserve in India. (Hence, statement 1 is correct)River Moyar traverses the reserve from south to north.It is home to the highest population of tigers in Tamil Nadu. It is among the reserves having the highest tiger population in the entire country, too. (Hence, statement 2 is not correct)It is one of the 23 Tiger Reserves who have received CA|TS accreditation. (Hence, statement 3 is correct)Therefore, option (b) is the correct answer.Subject: Current Affairs | EnvironmentLevel of Difficulty: Easy | Factual 5 / 5 Q5. With reference to the โIndian National Flag,โ consider the following statements:1) In its present form, it was adopted at the meeting of the Constitutional Assembly on 22 July 1947.ย 2) It served as the National Flag of the Dominion of India from 15 August 1947 to 26 January 1950.3) It is based on a flag designed by V D Savarkar in 1901.Which of the statements given above is/are correct? 1 only 1 and 2 only 3 only 2 and 3 only Explanation:Indian National FlagThe Indian National Flag in its present form was adopted at the meeting of the Constitutional Assembly on 22 July 1947.ย (Hence, Statement 1 is correct)It first served as the National Flag of the Dominion of India from 15 August 1947 to 26 January 1950 and thereafter as the National Flag of the Republic of India. (Hence, Statement 2 is correct)The Indian National Flag is based on a flag designed by Pingali Venkayya, a Gandhian and freedom fighter based near Machilipatnam, Andhra Pradesh. (Hence, Statement 3 is not correct)Therefore, option (b) is the correct answer.Subject: Current Affairs | PolityLevel of Difficulty: Moderate | Factual Your score is 0% Restart quiz