HomeDaily QuizUPSC Daily Quiz | 28 November 2024 UPSC Daily Quiz | 28 November 2024Daily Quiz, November | By admin | November 28, 2024 /5 Daily Quiz - 28 November 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. What happens when the central bank buys government securities from commercial banks? It reduces liquidity in the banking system, leading to higher interest rates. It is a part of Open Market Operations (OMO) to influence the money supply and interest rates. It leads to a decrease in the money supply in the economy, controlling inflation. It increases liquidity in the banking system, potentially lowering interest rates. Relevance: As the liquidity deficit in banking widens, the Reserve Bank of India (RBI) may have to resort to open market operations (OMOs).Explanation:A liquidity deficit in the banking system implies a shortage of funds available for lending and investment. This can hinder economic growth and financial stability.OMOs involve the buying and selling of government securities by the central bank to influence the money supply and interest rates.When the central bank buys government securities from commercial banks, it injects money into the banking system.Increased liquidity can lead to lower interest rates, encouraging borrowing and investment.OMOs are often used in conjunction with other monetary policy tools, such as the repo rate and the cash reserve ratio, to achieve a balanced monetary policy stance.OMOs directly affect the money supply, influencing factors like inflation, economic growth, and exchange rates.Therefore, option (d) is the correct answer.Subject: Current Affairs | EconomyLevel of Difficulty: Easy | Factual 2 / 5 Q2. With reference to the National Security Guard (NSG), consider the following statements:1) It was established in 1984, following the Mumbai Terror Attack of 26/11.2) It operates under the administrative control of the Ministry of Defence.3) Its motto is “Sarvatra Sarvottam Suraksha,” which means "Everywhere, Supreme Security."Which of the statements given above is/are correct? 1 and 2 only 2 only 1 and 3 only 3 only Relevance: The Union Ministry of Home Affairs (MHA) has established a permanent National Security Guard (NSG) hub in Jammu City to enhance security and counter potential terrorist threats in the region. Explanation:National Security Guard (NSG)The NSG is a specialized force trained to combat terrorism and handle critical security situations.Establishment: In 1984, following Operation Blue Star. Created under the National Security Guard Act, 1986. (Hence, statement 1 is not correct)Administrative and operational control: Union Ministry of Home Affairs (Hence, statement 2 is not correct)Motto: “Sarvatra Sarvottam Suraksha” (Everywhere, Supreme Security) (Hence, statement 3 is correct)Composition: The NSG comprises two main groups:Special Action Group (SAG): Primarily composed of Army personnel.Special Ranger Group (SRG): Comprises personnel from Central Armed Police Forces and State Police Forces.Key Roles: Counter-terrorism operations, Hijacking situations, Bomb disposal and post-blast investigations, VIP security.Therefore, option (d) is the correct answer.Subject: Current Affairs | PolityLevel of Difficulty: Easy | Factual 3 / 5 Q3. With reference to the President’s Colours Award, consider the following statements:1) It is the highest honor that can be conferred upon a military unit.2) The tradition of presenting colors to military units dates back to the British era.Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Relevance: General Upendra Dwivedi, Chief of the Army Staff (COAS), presented the prestigious President’s Colours to four battalions of the Mechanised Infantry.Explanation:President’s Colours AwardIt is the highest honor that can be conferred upon a military unit. (Hence, statement 1 is correct)The President’s Colours symbolize the unit’s commitment to duty, professionalism, and valor.The tradition of presenting colors to military units dates back to the British era. India adopted this tradition after independence. (Hence, statement 2 is correct)The Indian Navy became the first amongst the three services to be presented with the President’s Colour on 27 May 1951 by Dr. Rajendra Prasad.Therefore, option (c) is the correct answer.Subject: Current Affairs | PolityLevel of Difficulty: Easy | Factual 4 / 5 Q4. With reference to the Siddi ethnic group, consider the following statements:1) The Siddis came to India through the slave trade centuries ago.2) They reside primarily in Andaman and Nicobar Islands.3) They have been recognized as a Scheduled Tribe (ST) in some regions.How many of the above statements are correct? Only one Only two All three None Relevance: Recently released film Rhythm of Dammam shines a light on the marginalised Siddi community.Explanation:The Siddis are descendants of the Bantu populations of East and Central Africa.The ethnic group came to India through the slave trade centuries ago. (Hence, statement 1 is correct)The population resides primarily in five states (Goa, Gujarat, Karnataka, Maharashtra, and Telangana), but the majority (90%) reside in Gujarat or Karnataka. (Hence, statement 2 is not correct)The government of India has recognized the Siddi people as a Scheduled Tribe (ST) in some regions. (Hence, statement 3 is correct)Therefore, option (b) is the correct answer.Subject: Current Affairs | MiscellaneousLevel of Difficulty: Easy | Factual 5 / 5 Q5. With reference to the Khelo India Scheme, consider the following statements:1) It is a Centrally Sponsored Scheme.2) It is being implemented exclusively in rural areas.3) It has been extended to 2028-29.How many of the above statements are correct? Only one Only two All three None Relevance: The Union Minister of Youth Affairs and Sports has updated the Rajya Sabha on implementation of Khelo India Scheme.Explanation:Khelo India SchemeIt is the flagship Central Sector Scheme of the Ministry of Youth Affairs & Sports, launched in 2016-17, with the aim of developing a sporting culture in India. (Hence, statement 1 is not correct)The Khelo India Scheme is being implemented in both rural and urban areas of the country. (Hence, statement 2 is not correct)The scheme has been revised and extended for an additional five years, from 2021-22 to 2025-26. (Hence, statement 3 is not correct)It focuses on grassroots development, talent identification, and infrastructure development.Therefore, option (d) is the correct answer.Subject: Current Affairs | SchemesLevel of Difficulty: Easy | Factual Your score is 0% Restart quiz
