HomeDaily QuizUPSC Daily Quiz | 27 July 2024 UPSC Daily Quiz | 27 July 2024Daily Quiz, July 2024 | By admin /5 Daily Quiz - 27 July 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 Moidams, consider the following statements:1) The Moidams were initially burial mounds for Ahom royalty but later became repositories for cremated remains.2) The Charaideo Moidams are the first World Heritage Site from the northeastern states in the cultural category.Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation:Relevance: The Charaideo Moidams are added to the UNESCO World Heritage List.The Charaideo Moidams, a 700-year-old mound-burial system of the Ahom dynasty from Assam, were added to the UNESCO World Heritage List, making them the 43rd property from India to be included in the prestigious index.Similar to the pyramids of Egypt, the Moidams are earthen burial mounds of the members of the Ahom royalty whose 600-year rule was ended by the British takeover of the region.The Ahoms adopted the Hindu method of cremation after the 18th century and began entombing the cremated bones and ashes in Moidams at Charaideo. (Hence, statement 1 is correct)The highly venerated Moidams make the Charaideo district a tourist destination.The Moidams are the first from the notheastern States to be recognised as a World Heritage Site in the cultural category. Assam has two other such sites in the natural category – Kaziranga National Park and Manas National Park, both upgraded to tiger reserves. (Hence, statement 2 is correct)Therefore, option (c) is the correct answer.Subject: Current Affairs | HistoryLevel of Difficulty: Easy | FactualReferences:https://www.thehindu.com/news/national/mound-burial-system-of-ahom-dynasty-in-assam-included-in-unesco-world-heritage-list/article68448746.ece 2 / 5 Q2. Consider the following disasters:1) Heatwave2) Hailstorm3) Cloud burst4) Pest attack 5) ColdwaveHow many of the above disasters are included in the notified list of disasters to be eligible for financial assistance under the Disaster Management Act, 2005? Only two Only three Only four All five Explanation:Relevance: The Union Government told the Parliament recently that there is currently no plan to classify heatwaves as a notified disaster.India experienced unprecedented heatwaves this year, which have killed hundreds of people, but there is currently no plan to classify it as a notified disaster, which will make it eligible for financial assistance under the Disaster Management Act, 2005, the government told the Parliament recently. (Hence, point 1 is not correct)According to India Meteorological Department (IMD), the country saw 536 heatwave days this summer — the most in 14 years.Presently the notified list of disasters eligible for National Disaster Response Fund/State Disaster Response Fund (SDRF) assistance includes 12 disasters: Cyclone, drought, earthquake, fire, flood, tsunami, hailstorm, landslide, avalanche, cloud burst, pest attack and frost and cold wave. (Hence, points 2, 3, 4 and 5 are correct)If a state government wants to provide relief to the victims of natural disasters that it considers to be disasters within local context but that are not included in the notified list, in that case it can use up to 10 per cent of the annual fund allocation of the SDRF. Therefore, option (c) is the correct answer.Subject: Current Affairs | EnvironmentLevel of Difficulty: Moderate | FactualReferences:https://www.downtoearth.org.in/natural-disasters/centre-has-no-plans-to-include-heatwave-as-notified-disaster 3 / 5 Q3. Which of the following deficits signifies that the government's own earning is insufficient to meet normal functioning of government departments and provision of services? Gross fiscal deficit Net fiscal deficit Revenue deficit Trade deficit Explanation:Relevance: Fitch Ratings on Friday exuded confidence over the Centre’s ability to achieve its enhanced fiscal deficit reduction goal of 4.9% of GDP this year.Revenue deficit arises when the government’s actual net receipts are lower than the projected receipts.Revenue deficit signifies that the government's own earning is insufficient to meet normal functioning of government departments and provision of services. An increase in the ratio of revenue deficit to gross fiscal deficit indicates an increase in the utilization of borrowed funds for revenue purposes.Therefore, option (c) is the correct answer.Subject: Current Affairs | EconomyLevel of Difficulty: Easy | FactualReferences:https://www.thehindu.com/business/Economy/fy25-budget-confirms-new-govts-commitment-to-reducing-fiscal-deficit-fitch/article68450557.ece#:~:text=Fitch%20Ratings%20on%20Friday%20exuded,clarity%20on%20medium%2Dterm%20targets. 4 / 5 Q4. Which of the following statements correctly describe the contributions and life of Chandrashekhar Azad?1) He was an enthusiastic participant in the Non-Cooperation Movement led by Mahatma Gandhi.2) He along with his associates founded the Hindustan Republican Association (HRA) in Kanpur.3) He, along with Bhagat Singh and Rajguru, assassinated Saunders, who was responsible for the death of Lajpatrai4) He was captured and executed by the British in February 1931.Select the correct answer using the code given below. 1 and 3 only 2 and 4 only 1, 3 and 4 only 1, 2, 3 and 4 Explanation:Relevance: Nation observed the anniversary of Chandrashekhar Azad.Chandrashekhar Azad was born on July 23, 1906, in Uttar Pradesh and was an enthusiastic participant in the Non-Cooperation Movement led by Mahatma Gandhi before turning to revolutionary activities. (Hence, statement 1 is correct)While Chandrashekhar Azad was a significant figure in the Hindustan Republican Association, the HRA was actually founded by Ramprasad Bismil, Jogesh Chatterjea, and Sachindranath Sanyal in Kanpur in October 1924. (Hence, statement 2 is not correct)On December 17, 1928, Chandrashekhar Azad, along with Bhagat Singh and Rajguru, assassinated Saunders, a police official involved in the lathi charge that led to the death of Lala Lajpat Rai. (Hence, statement 3 is correct)Chandrashekhar Azad was not captured and executed by the British; he died in a shooting encounter in a public park at Allahabad in February 1931. His death did mark a significant blow to the revolutionary terrorist movement in Punjab, U.P., and Bihar. (Hence, statement 4 is not correct)Therefore, option (a) is the correct answer.Subject: Current Affairs | HistoryLevel of Difficulty: Moderate | FactualReferences:https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2035487 5 / 5 Q5. Which of the following statements about Participatory Notes (P-notes) is/are correct?1) P-notes allow overseas investors to invest in Indian stock markets without direct registration.2) P-note investments are restricted to equity securities only.Select the correct answer using the code given below. 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation:Relevance: The Budget has failed to provide tax relief to non-resident holders of offshore derivatives instruments (ODIs) or P-Notes, issued by non-bank entities from Gift IFSC.Participatory notes (P-notes) are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. (Hence, statement 1 is correct)P-note investments can be made in various securities, including equity, debt, and hybrid securities. (Hence, statement 2 is not correct)Therefore, option (a) is the correct answer.Subject: Current Affairs | EconomyLevel of Difficulty: Easy | FactualReferences:https://www.thehindubusinessline.com/incoming/no-tax-relief-for-non-bank-p-note-holders-from-gift-ifsc/article68450220.ece Your score is 0% Restart quiz
