HomeDaily QuizUPSC Daily Quiz | 17 September 2024 UPSC Daily Quiz | 17 September 2024Daily Quiz, September | By Riteish Sharma | September 17, 2024 /5 Daily Quiz - 17 September 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. Which of the following statements correctly describes the primary objective of the BHASKAR Platform? To provide a platform for accessing and sharing knowledge related to India's startup ecosystem under the Startup India program. To promote tourism in India by creating a digital registry of tourist destinations across the country. To develop a registry for tracking agricultural innovations and sharing best practices among farmers. To facilitate e-commerce by creating a marketplace for Indian artisans and craftsmen. Relevance: The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry is set to launch a groundbreaking digital platform BHASKAR.Explanation:BHASKAR Platform:The Bharat Startup Knowledge Access Registry (BHASKAR) initiative, under the Startup India program aimed at strengthening India’s startup ecosystem. It is a platform designed to centralize, streamline, and enhance collaboration among key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers, and government bodies.The primary goal of BHASKAR is to build the world’s largest digital registry for stakeholders within the startup ecosystem.Therefore, option (a) is the correct answer.Subject: Current Affairs | SchemesLevel of Difficulty: Easy | Factual 2 / 5 Q2. With reference to Nidhi Companies, consider the following statements:1) These companies are required to obtain a license from the Reserve Bank of India (RBI) to operate in the Non-Banking Financing Sector.2) These companies typically deal with chit funds, hire-purchase finance, leasing finance, and insurance business.3) These companies can only borrow and lend money to their members and not to the general public.Which of the statements given above is/are correct? 1 only 1 and 2 only 2 and 3 only 3 only Relevance: Recently, the Registrar of Companies (RoC) under the corporate affairs ministry has penalised over two dozen Nidhi companies in about a fortnight for alleged violations of Companies Act provisions.Explanation:Nidhi CompaniesA NIDHI Company is recognised under Section 406 of the Companies Act, 2013, and typically operates in the Non-Banking Financing Sector of India.It is formed to borrow and lend money to its members. It inculcates the habit of saving among its members and works on the principle of mutual benefit. It isn’t required to receive the license from Reserve Bank of India (RBI), as these are registered with the companies act. (Hence, statement 1 is not correct)Minimum of seven members is required to start a Nidhi Company out of which three members must be the directors of the company.Activities Prohibited in a Nidhi CompanyIt can’t deal with chit funds, hire-purchase finance, leasing finance, insurance or securities business. (Hence, statement 2 is not correct)It is strictly prohibited from accepting deposits from or lending funds to, any other person except members. (Hence, statement 3 is correct)Nidhi companies should not issue preference shares, debentures or any other debt instrument in any manner, name or form.Nidhi companies should not open current accounts with their members.Therefore, option (d) is the correct answer.Subject: Current Affairs | EconomyLevel of Difficulty: Moderate | Factual 3 / 5 Q3. Typhoon Yagi, recently in the news, affected which of the following group of countries? Japan, South Korea, Malaysia, and Indonesia India, Bangladesh, Sri Lanka, and Nepal Philippines, China, Laos, Myanmar, Thailand, and Vietnam Australia, New Zealand, Papua New Guinea, and Fiji Relevance: Recently, Typhoon Yagi has caused severe damage across Southeast Asia, affecting the Philippines, China, Laos, Myanmar, Thailand, and particularly Vietnam.Explanation:Typhoon Yagi is the strongest tropical cyclone Asia has encountered till September 2024 and the second most powerful globally after Hurricane Beryl (Atlantic Ocean).It originated as a tropical storm (wind speed upto 63 kmph) in the western Philippine Sea but became Category 5 typhoon with winds of 260 kmph.The Saffir-Simpson Hurricane Wind Scale categorizes tropical cyclones from Category 1 (119-153 kmph) to Category 5 (252 kmph or higher). Storms reaching Category 3 and higher are considered major tropical cyclones due to their potential for significant damage.Storm systems with winds of 119 kmph and above are classified as hurricanes, typhoons, or tropical cyclones.Therefore, option (c) is the correct answer.Value AdditionOperation “Sadbhav” India launched Operation “Sadbhav” to provide aid and urgent supplies to Vietnam, Laos, and Myanmar.Operation Sadbhav is part of India’s broader effort to contribute to Humanitarian Assistance and Disaster Relief (HADR) within the ASEAN region, in line with its longstanding ‘Act East Policy’.Reasons for More Intense TyphoonsGlobal mean sea surface temperatures have increased by approximately 0.9°C since 1850, and about 0.6°C in the past four decades.Higher sea surface temperatures drive marine heat waves and increased evaporation, leading to more intense typhoons that form closer to coastlines and intensify rapidly.Subject: Current Affairs | GeographyLevel of Difficulty: Easy | Factual 4 / 5 Q4. The Battle of Saragarhi is primarily remembered for which of the following reasons? The heroic last stand of a small group of Sikh soldiers against overwhelming odds. The longest-fought battle between the British and Afghan tribes. The largest military victory of the British Empire in the 19th century. The first use of modern weaponry in a battle between the British and Afghan tribes. Relevance: Recently, the 127th anniversary of the Battle of Saragarhi was observed on 12th September 2024.Explanation:On 12th September 1897, 21 soldiers of the 36th Sikh Regiment fought against over 8,000 Afridi and Orakzai tribal militants in the North West Frontier Province (NWFP), now in Pakistan.The soldiers, led by Havildar Ishar Singh, fought valiantly for seven hours, killing 200 militants and injuring 600 others.Saragarhi was a communication tower located between Fort Lockhart and Fort Gulistan, two critical British forts in the NWFP. , originally built by Maharaja Ranjit Singh and later renamed by the British.Losing this post meant isolating the forts, thereby making British troops and the families of British officers vulnerable to attack.Therefore, option (a) is the correct answer.Subject: Current Affairs | HistoryLevel of Difficulty: Moderate | Factual 5 / 5 Q5. The primary objective of the Loss and Damage Fund (LDF) is to: Provide financial assistance to countries transitioning away from fossil fuels. Fund research and development of climate-resilient technologies. Compensate developing countries for the irreversible impacts of climate change. Support climate adaptation efforts in vulnerable regions. Relevance: Following the devastating landslides in Wayanad, Kerala, discussions have emerged about whether sub-national entities can claim compensation through the Loss and Damage Fund (LDF) under the UNFCCC.Explanation:What is the Loss and Damage Fund?Establishment and Goal: The Loss and Damage Fund (LDF) was established at the 27th UNFCCC Conference of Parties (COP27) held in 2022 in Egypt to provide financial support to regions suffering both economic and non-economic losses caused by climate change.In COP28, member countries reached an agreement to operationalize the Loss and Damage (L&D) fund.The Fund addresses losses resulting from extreme weather events and slow-onset processes, such as rising sea levels.Therefore, option (c) is the correct answer.Subject: Current Affairs | EnvironmentLevel of Difficulty: Easy | Factual Your score is 0% Restart quiz
