Daily Quiz 29 August 2023
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Question 1 of 5
1. Question
2 pointsWhich one of the following statements is correct about Emperor Penguin?
Correct
Explanation:
- Option (3) is correct: In late 2022, four out of five emperor penguin colonies located in Antarctica’s Bellingshausen Sea region experienced total breeding failure due to sea ice loss caused by global warming.
- The emperor penguin is the tallest and heaviest of all living penguin species and is endemic to Antarctica. Like all penguins, it is flightless.
- It is the only penguin species that breeds during the Antarctic winter.
- The lifespan of Emperor Penguin is typically 20 years in the wild, although observations suggest that some individuals may live up to 50 years of age.
- The Emperor Penguin is listed as ‘Near Threatened’ under IUCN Red List as it is projected to undergo a moderately rapid population decrease as Antarctic sea ice begins to disappear within the next few decades owing to the effects of climate change.
Incorrect
Explanation:
- Option (3) is correct: In late 2022, four out of five emperor penguin colonies located in Antarctica’s Bellingshausen Sea region experienced total breeding failure due to sea ice loss caused by global warming.
- The emperor penguin is the tallest and heaviest of all living penguin species and is endemic to Antarctica. Like all penguins, it is flightless.
- It is the only penguin species that breeds during the Antarctic winter.
- The lifespan of Emperor Penguin is typically 20 years in the wild, although observations suggest that some individuals may live up to 50 years of age.
- The Emperor Penguin is listed as ‘Near Threatened’ under IUCN Red List as it is projected to undergo a moderately rapid population decrease as Antarctic sea ice begins to disappear within the next few decades owing to the effects of climate change.
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Question 2 of 5
2. Question
2 pointsConsider the following statements:
- India is the founding member country of Antarctic Treaty System.
- India currently has only two active research stations in Antarctica.
- The Antarctica Peninsula has experienced a higher rate of warming than the mean rate of global warming.
How many of the statements given above are correct?
Correct
Explanation:
- Statement 1 is incorrect: The Antarctic Treaty was signed in Washington on 1 December 1959 by the twelve countries whose scientists had been active in and around Antarctica during the International Geophysical Year (IGY) of 1957-58. It entered into force in 1961 and has since been acceded to by many other nations. India became a party to the Antarctic Treaty in 1983.
- Statement 2 is correct: India today has two operational research stations in Antarctica named Maitri (Commissioned in 1989) and Bharati (Commissioned in 2012). Moreover, India has successfully launched 40 annual scientific expeditions to Antarctica till date. With Himadri station in Ny-Alesund, Svalbard, Arctic, India now belongs to the elite group of nations that have multiple research stations within the Polar Regions.
- Statement 3 is correct: Antarctica peninsula has experienced air temperature increases of 3°C in the Antarctic Peninsula. Although that might not seem very much, it is 5 times the mean rate of global warming as reported by the Intergovernmental Panel on Climate Change (IPCC). This phenomenon of warming in Antarctica at a higher rate than the global average is known as “Antarctic amplification.” This amplification is driven by various feedback mechanisms, such as changes in ice-albedo feedback (reflectivity of ice and snow) and shifts in atmospheric circulation patterns.
Incorrect
Explanation:
- Statement 1 is incorrect: The Antarctic Treaty was signed in Washington on 1 December 1959 by the twelve countries whose scientists had been active in and around Antarctica during the International Geophysical Year (IGY) of 1957-58. It entered into force in 1961 and has since been acceded to by many other nations. India became a party to the Antarctic Treaty in 1983.
- Statement 2 is correct: India today has two operational research stations in Antarctica named Maitri (Commissioned in 1989) and Bharati (Commissioned in 2012). Moreover, India has successfully launched 40 annual scientific expeditions to Antarctica till date. With Himadri station in Ny-Alesund, Svalbard, Arctic, India now belongs to the elite group of nations that have multiple research stations within the Polar Regions.
- Statement 3 is correct: Antarctica peninsula has experienced air temperature increases of 3°C in the Antarctic Peninsula. Although that might not seem very much, it is 5 times the mean rate of global warming as reported by the Intergovernmental Panel on Climate Change (IPCC). This phenomenon of warming in Antarctica at a higher rate than the global average is known as “Antarctic amplification.” This amplification is driven by various feedback mechanisms, such as changes in ice-albedo feedback (reflectivity of ice and snow) and shifts in atmospheric circulation patterns.
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Question 3 of 5
3. Question
2 pointsConsider the following statements about PM Jan Dhan Yojana (PMJDY):
- There is no mandatory requirement to maintain any minimum balance in PMJDY accounts.
- The Union Budget 2023–24 has increased the overdraft facility to Rs. 15000 from Rs. 10,000 for every eligible PMJD account holder.
- Now every new PMJD account holder is eligible for accident cover not more than Rs. 1,00,000 and life cover of Rs. 30,000.
How many of the statements given above are correct?
Correct
Explanation:
The number of bank accounts under the PM Jan Dhan Yojana (PMJDY) which recently completed nine years has crossed 50 crores with total deposits exceeding ₹2 lakh crore.
- Statement 1 is correct but Statement 2 is incorrect: Pradhan Mantri Jan Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. Benefits under PMJDY:
- One basic savings bank account is opened for unbanked person.
- There is no requirement to maintain any minimum balance in PMJDY accounts.
- Currently, an overdraft (OD) facility up to Rs. 10,000 to eligible account holders is available.
- Interest is earned on the deposit in PMJDY accounts.
- Rupay Debit card is provided to PMJDY account holder.
- Statement 3 is incorrect: Under PMJD, accident cover of Rs. 1,00,000 and life cover of Rs. 30,000 on account opened between 15 Aug 2014 to 31 January 2015. However, accident Insurance Cover of Rs.1 lakh has been enhanced to Rs. 2 lakh to new PMJDY accounts opened after 28.8.2018, which is available with RuPay card issued to the PMJDY account holders.
Incorrect
Explanation:
The number of bank accounts under the PM Jan Dhan Yojana (PMJDY) which recently completed nine years has crossed 50 crores with total deposits exceeding ₹2 lakh crore.
- Statement 1 is correct but Statement 2 is incorrect: Pradhan Mantri Jan Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. Benefits under PMJDY:
- One basic savings bank account is opened for unbanked person.
- There is no requirement to maintain any minimum balance in PMJDY accounts.
- Currently, an overdraft (OD) facility up to Rs. 10,000 to eligible account holders is available.
- Interest is earned on the deposit in PMJDY accounts.
- Rupay Debit card is provided to PMJDY account holder.
- Statement 3 is incorrect: Under PMJD, accident cover of Rs. 1,00,000 and life cover of Rs. 30,000 on account opened between 15 Aug 2014 to 31 January 2015. However, accident Insurance Cover of Rs.1 lakh has been enhanced to Rs. 2 lakh to new PMJDY accounts opened after 28.8.2018, which is available with RuPay card issued to the PMJDY account holders.
-
Question 4 of 5
4. Question
2 pointsConsider the following statements about Seethakali Folk Art:
- The origin of this art form can be traced back to the people of Vedar and Pulayar communities.
- Seethakali is based on certain volumes taken from the Indian epic Silapadikaram.
- Currently, there is only one registered Seethakali performing group named Perinad Seethakali Sangham in Karnataka.
Which of the statements given above is/are correct?
Correct
Explanation:
- Statement 1 is correct: The unique Seethakali is a centuries-old folk art form that is believed to have originated at Perinad in Kollam district. This art form was first performed some 150 years back by the people of Vedar and Pulayar communities.
- Statement 2 is incorrect: Seethakali are intriguing and fascinating at the same time, attracting attention with its vivid make-up, dynamic music, use of traditional instruments and spontaneous rhythmic movements. It is based on certain episodes taken from the Indian epic Ramayana. Performances are accompanied by beautiful folk songs that have been passed on orally from one generation to the next.
- Statement 3 is incorrect: Currently, in Kerala, there is only one registered Seethakali performing group named Perinad Seethakali Sangham. The Perinad Seethakali Sangham was formed by T.N. Shajimon, a Kerala Folklore Akademi award winner who was in the forefront to revive the art form. The Perinad Seethakali Sangham currently has artistes from all walks of life and the 20-member group is all set to perform outside Kerala for the first time.
Incorrect
Explanation:
- Statement 1 is correct: The unique Seethakali is a centuries-old folk art form that is believed to have originated at Perinad in Kollam district. This art form was first performed some 150 years back by the people of Vedar and Pulayar communities.
- Statement 2 is incorrect: Seethakali are intriguing and fascinating at the same time, attracting attention with its vivid make-up, dynamic music, use of traditional instruments and spontaneous rhythmic movements. It is based on certain episodes taken from the Indian epic Ramayana. Performances are accompanied by beautiful folk songs that have been passed on orally from one generation to the next.
- Statement 3 is incorrect: Currently, in Kerala, there is only one registered Seethakali performing group named Perinad Seethakali Sangham. The Perinad Seethakali Sangham was formed by T.N. Shajimon, a Kerala Folklore Akademi award winner who was in the forefront to revive the art form. The Perinad Seethakali Sangham currently has artistes from all walks of life and the 20-member group is all set to perform outside Kerala for the first time.
-
Question 5 of 5
5. Question
2 pointsWhich of the following constitutes Priority Sector lending by banks in India?
- Export Credit
- Housing
- Education
- Agriculture
- Micro, Small and Medium Enterprises
Select the correct answer using the code given below:
Correct
Explanation:
The Government of India in consultation with the Reserve Bank of India (RBI) is considering a proposal to include electric vehicles (EVs) in the priority-sector lending (PSL) category.
- Option (4) is correct: Priority Sectors are those sectors that the Government of India and Reserve Bank of India consider as important for the development of the basic needs of the country and are to be given priority over other sectors. It include only those sectors, as part of the priority sector that impact large sections of the population, the weaker sections and the sectors which are employment-intensive. The banks are mandated to encourage the growth of these sectors with adequate and timely credit. PSL fosters better credit penetration to credit deficient areas; increase the lending to small and marginal farmers and weaker sections; boost credit to renewable energy, and health infrastructure. Priority Sector lending by banks in India constitutes the lending to:
- Agriculture
- Micro, Small and Medium Enterprises
- Export Credit
- Education
- Housing
- Social Infrastructure
- Renewable Energy
Incorrect
Explanation:
The Government of India in consultation with the Reserve Bank of India (RBI) is considering a proposal to include electric vehicles (EVs) in the priority-sector lending (PSL) category.
- Option (4) is correct: Priority Sectors are those sectors that the Government of India and Reserve Bank of India consider as important for the development of the basic needs of the country and are to be given priority over other sectors. It include only those sectors, as part of the priority sector that impact large sections of the population, the weaker sections and the sectors which are employment-intensive. The banks are mandated to encourage the growth of these sectors with adequate and timely credit. PSL fosters better credit penetration to credit deficient areas; increase the lending to small and marginal farmers and weaker sections; boost credit to renewable energy, and health infrastructure. Priority Sector lending by banks in India constitutes the lending to:
- Agriculture
- Micro, Small and Medium Enterprises
- Export Credit
- Education
- Housing
- Social Infrastructure
- Renewable Energy
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