UPSC MCQs Daily Current Affairs Free PDF Download

nd 2

april

With reference to The International Campaign to Abolish Nuclear Weapons (ICAN) and It’s resolution consider the following statements 1. It is a coalition of non-governmental organizations 2. It was awarded the 2017 Nobel Peace Prize for its efforts on nuclear prohibition.

3. India applaud from voting in favour of a resolution brought in by ICAN and It’s resolution will be binding only on those who have ratified it. choose the correct one (a) 1 and 2 (b) 1 and 3 (c) 2 and 3 (d) All of the above

• Ans a • The International Campaign to Abolish Nuclear Weapons (ICAN) is a coalition of non-governmental organizations in one hundred countries promoting adherence to and implementation of the United Nations nuclear weapon ban treaty.

• This landmark global agreement was adopted in New York on 7 July 2017.

• The campaign received the 2017 Nobel Peace Prize "for its work to draw attention to the catastrophic humanitarian consequences of any use of nuclear weapons and for its ground-breaking efforts to achieve a treaty-based prohibition of such weapons.“

• They pledge to promote the objective of a nuclear weapon ban treaty and to identify publicly with the campaign.

• ICAN resolution will be binding only on those who have ratified it.

• India denounced from voting in favour of a resolution brought in

by ICAN, in this regard.

• This gains significance in the larger context of India's place in nuclear non-proliferation

Consider the following statements regarding Kuki people 1. The Kukis constitute one of several hill tribes within India, Bangladesh, and Burma.

2. All Kuki peoples in India are recognised as scheduled tribes 3. In Northeast India, they are present in all states except Arunachal Pradesh choose the correct one (a) 1 and 2 (b) 1 and 3 (c) 2 and 3 (d) All of the above

• Ans B • The Kukis constitute one of several hill tribes within India, Bangladesh, and Burma.

• NOT all Kuki peoples in India are recognised as scheduled tribesBased on the dialect spoken by that particular Kuki community as well as their region of origin.

• In Northeast India, they are present in all states except Arunachal Pradesh

Recently India Pulls Off Impressive Feat With EMISAT Launch choose the correct one in context of it 1. EMISAT is developed under Defence Research and Development Organisation (DRDO)’s Project Kautilya.

2. It is India’s first electronic surveillance satellite, 3. It will be able to scan the ground for electromagnetic signals to intercept hostile radar signals as well as other electronic broadcast frequencies only at ground Level. (a) 1 and 2 (b) 1 and 3 (c) 2 and 3 (d) All of the above

• Ans A • Indian Space Research Organisation (ISRO) is getting ready to launch 29 satellites from the US, Lithuania, Spain and Switzerland including EMISAT next week on Monday. This is the first time that the Indian space agency is attempting to launch these satellites in three different orbits.

• The main objective of the launching of EMISAT which is based on ISRO’s Indian MiniSatellite – 2 (IMS-2) bus platform is to measure the electromagnetic spectrum and to read the location of radar emitters, both ground and naval.

• The 47th mission of Polar Satellite Launch Vehicle, PSLV-C45 has been scheduled to take off early morning around 9.30 AM from Satish Dhawan Space Centre in Sriharikota with the satellites on board.

• What is Project KAUTILYA? • According to the MoD’s annual report of 2013-14, Kautilya for spaceborne ELINT System involves the development of Electronic Intelligence payload for integration on an indigenous mini satellite.

• The ELINT includes recordings and analysis of intercepted signals and helps create an RF signature of a radar which can in turn be used for locating and quickly identify the radar in subsequent encounters.

Consider the following statements about Qualified Institutional Placement (QIP) 1. It is a designation of a securities issue given by the Securities and Exchange Board of India (SEBI) 2. It allows both listed and non-listed companies to raise capital from its domestic markets without the need to submit any pre-issue filings to market regulators

Select the correct statements a) 1 Only b) 2 Only c) Both 1 and 2 d) Neither 1 nor 2

• Ans A • A qualified institutional placement (QIP) is a designation of a securities issue given by the Securities and Exchange Board of India (SEBI) that allows an Indian-listed company to raise capital from its domestic markets without the need to submit any pre-issue filings to market regulators. Companies are only permitted to raise capital through issuing securities

India’s Distance to Frontier score is 60.7 in 2018. ‘Distance to Frontier’ score is associated with which of the following organisations? a) World Economic Forum b) World Bank c) World Trade Organisation d) International Monetary Fund

• Ans B • Distance to Frontier • The distance to frontier score helps assess the absolute level of regulatory performance over time.

• It measures the distance of each economy to the “frontier,” which represents the best performance observed on each of the indicators across all economies in the Doing Business sample since 2005.

• One can both see the gap between a particular economy’s performance and the best performance at any point in time and assess the absolute change in the economy’s regulatory environment over time as measured by Doing Business.

• An economy’s distance to frontier is reflected on a scale from 0 to 100, where 0 represents the lowest performance and 100 represents the frontier. For example, a score of 75 in 2017 means an economy was 25 percentage points away from the frontier constructed from the best performances across all economies and across time. A score of 80 in 2018 would indicate the economy is improving. Read the methodology, explaining how the ease of doing business rankings and the distance to frontier measure are calculated (PDF).

Consider the following statement about Exchange Traded Fund (ETF) 1. It has higher daily liquidity and lower fees than mutual fund shares 2. It trades like a common stock on a stock exchange 3. It experiences price changes throughout the day Select the correct statements a) 1 and 2 b) 2 and 3 c) 1 and 3 d) All of the above

• Ans D • An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold.

• ETFs experience price changes throughout the day as they are bought and sold. ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors