HomeDaily QuizUPSC Daily Quiz | 31 July 2024 UPSC Daily Quiz | 31 July 2024Daily Quiz, July 2024 | By admin /5 Daily Quiz - 31 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. Which of the following statements about the National Anthem of India is correct? The National Anthem was originally composed in Sanskrit. The National Anthem has been adopted from a verse in Rig Veda. The National Anthem conveys the spirit of individualism and competition. The National Anthem was adopted by the Constituent Assembly on January 24, 1950. Explanation:Relevance: The Himachal Pradesh government has decided to make national anthem mandatory during the morning assembly sessions in all schools of the State.Option (a) is incorrect. The National Anthem was originally composed in Bengali.Option (b) is incorrect. Only the first verse of the original song, 'Bharoto Bhagyo Bidhata', was adopted as the National Anthem.Option (c) is incorrect. The National Anthem conveys the spirit of pluralism and unity, not individualism and competition.Option (d) is correct. The Constituent Assembly adopted the National Anthem on January 24, 1950.Therefore, option (d) is the correct answer.Value AdditionHistory of Indian National Anthemย The National Anthem of India is entitled โJana Gana Manaโ.The song was originally composed in Bengali by Indiaโs first Nobel laureate Rabindranath Tagore in 1911.ย The English translation of his selected poems titled Gitanjali won him the Nobel Prize in 1913.The parent song, โBharoto Bhagyo Bidhataโ is a Brahmo hymn which has five verses and only the first verse has been adopted as National Anthem.ย The National Anthem conveys the spirit of pluralism or in more popular term the concept of โUnity in Diversity.โThe song โBharat Bhagya Bidhataโ was first sung by Sarala Devi Chowdhurani (though in a different tune from the present version), Tagoreโs niece, at the Calcutta session of the Indian National Congress in December 1911, presided over by Bishan Narayan Dhar.The current tune of the song is set to it by Irish woman Margaret Cousins in 1919.ย Tagore subsequently translated the song into English as โMorning Song of India.โIn 1912, the song was published under the title Bharat Bidhata in the Tatwabodhini Patrika, which was the official publication of the Brahmo Samaj and of which Tagore was the Editor.ย Subhas Chandra Bose used a Hindustani version of Jana Gana Mana as the national anthem of the Azad Hind government.ย The song Jana-gana-mana, composed originally in Bangla by Rabindranath Tagore, was adopted in its Hindi version by the Constituent Assembly as the National Anthem of India on January 24, 1950.ย The complete song consists of five stanzas. The playing time of the full version of the National Anthem is approximately 52 seconds.ย Subject: Current Affairs | PolityLevel of Difficulty: Easy | FactualReferences:https://www.thehindu.com/news/national/himachal-pradesh/himachal-govt-mandates-national-anthem-recital-during-school-morning-assembly/article68464296.ece 2 / 5 Q2. Consider the following statements about Pangong Tso, in news lately:1) It is a glacial lake in the Karakoram range of Himalayas.2) It is a major source of fisheries for the people of Ladakh Region.Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation:Relevance: China is alleged to have built a bridge connecting the north and south banks of the Pangong Lake in Ladakh.Pangong Tso is the worldโs highest saltwater lake. Despite the high salt content of the lake, in winter its surface freezes completely. This is a very uncommon phenomenon but occurs since the temperatures are too low to avoid the freezing of water.ย It is situated in the Himalayas near the Chushul Mountains across Changla Pass. The Karakoram Mountain range, which crosses Tajikistan, Afghanistan, Pakistan, China and India, with heights of over 6,000 metres including K2, the worldโs second highest peak, ends at the north bank of Pangong Tso. (Hence, statement 1 is not correct)There are no fish, except for some small crustaceans, and very few micro-vegetation in the lake due to the high salinity and also the fact it remains frozen during the winters. (Hence, statement 2 is not correct)Pangong Tso is also known to change colours, appearing blue, green and red at different times of a day.ย Experts believe that change in sky colour and refraction at high altitudes causes this phenomenon.ย There are no fish, except for some small crustaceans, and very few micro-vegetation in the lake due to the high salinity and also the fact it remains frozen during the winters. Therefore, option (d) is the correct answer.Subject: Current Affairs | GeographyLevel of Difficulty: Easy | FactualReferences:https://www.thehindu.com/news/national/congress-questions-centre-over-china-bridge-on-pangong/article68466300.ece 3 / 5 Q3. Which of the following is the primary objective of the Carbon Border Adjustment Mechanism (CBAM)? To increase revenue for the European Union. To protect domestic industries from foreign competition. To incentivize global carbon emissions reduction. To restrict imports from developing countries. Explanation:Relevance: India is considering the European Unionโs (EU) suggestion that instead of Indian exporters paying the Carbon Border Adjustment Mechanism (CBAM) levy to the EU, India could levy the tax domestically.Carbon Border Adjustment Mechanism (CBAM) or Carbon Border TaxAt the 27thย edition of the Conference of Parties (COP) in Sharm El-Sheikh, Egypt, the European Union proposed a policy called the Carbon Border Adjustment Mechanism (CBAM) to tax products such as cement and steel (and other imports from producers deploying non-green technologies), which are extremely carbon intensive, with effect from 2026.ย The CBAM plans to impose a tariff on a set of carbon-intensive imports from countries having weaker climate policies, which will have to be paid by EU importers and companies who export such goods to EU countries.ย It is aimed at levelling the playing field for EU and non-EU manufacturers and spurring trading partners to adopt carbon pricing regimes as a critical approach to the climate fight.The EU contends that while it pursues emission reduction ambitions, the prevalence of weaker climate policies in other countries poses the risk of what is called โcarbon leakageโ.Therefore, option (c) is the correct answer.Value AdditionWhat is Carbon Leakage?Carbon leakage is when companies, in order to meet climate policy requirements or to avoid restrictions on carbon emissions in their home country, relocate the production or manufacturing of carbon-intensive materials to countries with less stringent climate rules.ย This means that instead of getting sequestered, carbon emissions end up happening in another place.ย In the EUโs context, carbon leakage also assumes an extended meaningโ when products manufactured in the EU (meeting emission standards) get replaced by carbon-intensive products imported from other countries.However, a consortium of countries, including India, jointly opposed the move.ย Why are developing countries including India opposing it?India has invoked climate justice on the global fora and contends that it places a carbon charge on companies from countries that did not primarily or historically cause climate change.ย The tax will translate into a 20-35% tariff on Indiaโs exports of steel, aluminium and cement, which now attract a duty of less than 3%.Subject: Current Affairs | EconomyLevel of Difficulty: Easy | FactualReferences:https://www.thehindu.com/business/no-plans-to-review-curbs-on-chinese-fdi-goyal/article68465408.ece#:~:text=on%20Tuesday%20morning.-,Mr.%20Goyal%20also%20said%20the%20government%20will%20consider%20the%20European,could%20levy%20such%20taxes%20domestically. 4 / 5 Q4. Which of the following is the primary objective of the RBI's Liquidity Coverage Ratio (LCR)? To ensure banks have sufficient funds to meet long-term obligations. To promote lending to priority sectors of the economy. To protect depositors from bank runs by ensuring short-term liquidity. To control inflation by regulating the money supply. Explanation:Relevance: IndiaReserve Bank of Indiaโs (RBI) proposed new norms tightening LCR (Liquidity Coverage Ratio) may lead to a short-term slowdown in credit growth and a cut in Net Interest Margins(NIM), according to two credit rating agencies.The RBIโs draft changes in LCR, refers to the maximum limit of high-quality liquid assets (HQLA) banks must hold to pay off short-term liabilities.ย The LCR in Q4 FY24 was 130%. This would drop to 113% to 116% when the norms kicked in, observed ICRA. The order is likely to become effective from April 1, 2025.The move may reduce credit growth and NIM in the short run. The change would mean banks would have to shore up more to compensate for the cut in deposits. In the long run, however, the norms would likely raise banksโ resilience.The impact was likely to be felt more in private sector banks as they would have to change business strategies to compensate for the loss.Therefore, option (c) is the correct answer.Subject: Current Affairs | EconomyLevel of Difficulty: Easy | FactualReferences:https://www.thehindu.com/incoming/rbis-new-liquidity-norms-likely-to-cut-credit-growth-hit-nim-cras/article68464768.ece 5 / 5 Q5. Consider the following statements about the motion of no-confidence:ย 1) In India, a motion of no-confidence can be introduced only in the Lok Sabha.2) The Speaker sets up a date for discussion of the motion if a minimum of one-third members of the house support the motion.3) The motion of no-confidence is passed to remove the council of ministers and oust the ruling government from administrative offices.Which of the statements given above are correct? 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Explanation:Relevance: West Bengal BJP MLAs moved a no-confidence motion against Assembly Speaker Biman Banerjee.In India, a motion of no-confidence can be introduced only in the Lok Sabha which is the lower house of the Parliament of India. (Hence, statement 1 is correct)The Speaker sets up a date for discussion of the motion if a minimum of 50 members of the house support the motion. (Hence, statement 2 is not correct)If the motion is supported and carried forward, the house debates and votes on the motion. If the majority in favour of moving the no-confidence motion wins the vote then the incumbent government has to vacate office. (Hence, statement 3 is correct)Therefore, option (c) is the correct answer.Subject: Polity | Transparency and AccountabilityLevel of Difficulty: Easy | FactualReferences:https://www.thehindu.com/news/national/west-bengal/bjp-moves-no-confidence-motion-against-west-bengal-speaker-biman-banerjee/article68464249.ece#:~:text=West%20Bengal%20BJP%20MLAs%20on,be%20removed%20from%20the%20office.%E2%80%9D Your score is 0% Restart quiz