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December 08-09 2024 Current Affairs MCQs
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[Quiz] Daily Prelims Practice Questions (PPQs) – December 08-09 2024
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These MCQs are based on PMF IAS Daily Current Affairs. The daily current affairs are uploaded every day by 8 PM. You can read the Daily Current Affairs from here. Subscribers of the “Current Affairs” course can Download Daily Current Affairs in PDF/DOC from here.
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Question 1 of 7
1. Question
Q1. {IE – Banking} Consider the following statements:
- Mule Bank Accounts are used by criminals to launder illegal funds and often exploit innocent account holders.
- MuleHunter.AI has been developed to combat digital fraud by identifying and preventing the misuse of mule bank accounts.
- MuleHunter.AI is a rule-based system developed by the Reserve Bank Innovation Hub (RBIH).
How many of the above statements are correct?
Correct
Explanation
Statement 1 is correct
- A mule bank account is a bank account that criminals use for illicit activities, including laundering illegal funds. These accounts often exploit innocent or coerce account holder’s knowledge.
- Criminals purchase these accounts from original users, often from lower-income groups or those with low technical literacy.
Statement 2 is correct
- RBI has launched an AI-powered model named MuleHunter.AI to combat digital fraud involving mule bank accounts.
Statement 3 is incorrect
- It is developed by the Reserve Bank Innovation Hub (RBIH), Bengaluru, a subsidiary of the RBI.
- The traditional rule-based systems often produce high false positives; therefore, RBIH developed an in-house AI/ML-based solution. The solution is more effective than static rule-based systems.
Answer: (b) Only two; Difficulty Level: Easy
Incorrect
Explanation
Statement 1 is correct
- A mule bank account is a bank account that criminals use for illicit activities, including laundering illegal funds. These accounts often exploit innocent or coerce account holder’s knowledge.
- Criminals purchase these accounts from original users, often from lower-income groups or those with low technical literacy.
Statement 2 is correct
- RBI has launched an AI-powered model named MuleHunter.AI to combat digital fraud involving mule bank accounts.
Statement 3 is incorrect
- It is developed by the Reserve Bank Innovation Hub (RBIH), Bengaluru, a subsidiary of the RBI.
- The traditional rule-based systems often produce high false positives; therefore, RBIH developed an in-house AI/ML-based solution. The solution is more effective than static rule-based systems.
Answer: (b) Only two; Difficulty Level: Easy
Unattempted
Explanation
Statement 1 is correct
- A mule bank account is a bank account that criminals use for illicit activities, including laundering illegal funds. These accounts often exploit innocent or coerce account holder’s knowledge.
- Criminals purchase these accounts from original users, often from lower-income groups or those with low technical literacy.
Statement 2 is correct
- RBI has launched an AI-powered model named MuleHunter.AI to combat digital fraud involving mule bank accounts.
Statement 3 is incorrect
- It is developed by the Reserve Bank Innovation Hub (RBIH), Bengaluru, a subsidiary of the RBI.
- The traditional rule-based systems often produce high false positives; therefore, RBIH developed an in-house AI/ML-based solution. The solution is more effective than static rule-based systems.
Answer: (b) Only two; Difficulty Level: Easy
-
Question 2 of 7
2. Question
Q2. {IE – Employment} Consider the following initiatives for skill development in India:
- SAMARTH Udyog Bharat 4.0
- SWAYAM
- Skill India Digital Hub
Which of the initiatives mentioned above are aimed at enhancing skill development and education in India?
Correct
Explanation
Option (d) is correct
- Government Initiatives for Skilling:
- SAMARTH Udyog Bharat 4.0: Prepares industries for Industry 4.0 with advanced technology integration.
- SWAYAM: Hosts 4,000+ courses; 40 million enrollments emphasise the demand for technical education.
- Skill India Digital Hub: Offers 752 courses with over 7.37 lakh minutes of digital content.
Answer: (d) 1, 2 and 3; Difficulty Level: Easy
Incorrect
Explanation
Option (d) is correct
- Government Initiatives for Skilling:
- SAMARTH Udyog Bharat 4.0: Prepares industries for Industry 4.0 with advanced technology integration.
- SWAYAM: Hosts 4,000+ courses; 40 million enrollments emphasise the demand for technical education.
- Skill India Digital Hub: Offers 752 courses with over 7.37 lakh minutes of digital content.
Answer: (d) 1, 2 and 3; Difficulty Level: Easy
Unattempted
Explanation
Option (d) is correct
- Government Initiatives for Skilling:
- SAMARTH Udyog Bharat 4.0: Prepares industries for Industry 4.0 with advanced technology integration.
- SWAYAM: Hosts 4,000+ courses; 40 million enrollments emphasise the demand for technical education.
- Skill India Digital Hub: Offers 752 courses with over 7.37 lakh minutes of digital content.
Answer: (d) 1, 2 and 3; Difficulty Level: Easy
-
Question 3 of 7
3. Question
Q3. {IE – RBI} Consider the following aspects related to de-dollarisation:
- It reduces dependency on the U.S. dollar.
- It undermines economic sovereignty of India.
- The introduction of new currencies can lead to market instability.
How many of the statements given above accurately reflect the implications of de-dollarisation?
Correct
Explanation
Option (b) is correct
- De-dollarisation refers to reducing reliance on the U.S. dollar as the primary reserve currency, medium of exchange, or unit of account. This involves countries diversifying their foreign reserves and conducting international trade in alternative currencies.
- Reasons for Moving Towards De-dollarisation:
- Reduce dependency on the U.S. dollar: This can help countries mitigate risks associated with fluctuations in the dollar’s value and changes in U.S. monetary policy.
- Enhance economic sovereignty: Using alternative currencies, countries can reduce their vulnerability to U.S. economic sanctions and restrictions.
- Promote global financial stability: Diversifying reserve currencies can reduce the global financial system’s dependence on a single currency, potentially leading to a more balanced and resilient system.
- Challenges Associated with De-dollarisation:
- Transition Costs: Switching from the U.S. dollar to other currencies involves significant expenses, including updating financial systems and renegotiating trade agreements.
- Market Volatility: Introducing new currencies can cause market instability and uncertainty, potentially disrupting global trade and investment.
- Lack of Trust and Acceptance: Alternative currencies must gain widespread acceptance and trust, which can be challenging given the entrenched dominance of the U.S. dollar.
Answer: (b) Only two; Difficulty Level: Easy
Incorrect
Explanation
Option (b) is correct
- De-dollarisation refers to reducing reliance on the U.S. dollar as the primary reserve currency, medium of exchange, or unit of account. This involves countries diversifying their foreign reserves and conducting international trade in alternative currencies.
- Reasons for Moving Towards De-dollarisation:
- Reduce dependency on the U.S. dollar: This can help countries mitigate risks associated with fluctuations in the dollar’s value and changes in U.S. monetary policy.
- Enhance economic sovereignty: Using alternative currencies, countries can reduce their vulnerability to U.S. economic sanctions and restrictions.
- Promote global financial stability: Diversifying reserve currencies can reduce the global financial system’s dependence on a single currency, potentially leading to a more balanced and resilient system.
- Challenges Associated with De-dollarisation:
- Transition Costs: Switching from the U.S. dollar to other currencies involves significant expenses, including updating financial systems and renegotiating trade agreements.
- Market Volatility: Introducing new currencies can cause market instability and uncertainty, potentially disrupting global trade and investment.
- Lack of Trust and Acceptance: Alternative currencies must gain widespread acceptance and trust, which can be challenging given the entrenched dominance of the U.S. dollar.
Answer: (b) Only two; Difficulty Level: Easy
Unattempted
Explanation
Option (b) is correct
- De-dollarisation refers to reducing reliance on the U.S. dollar as the primary reserve currency, medium of exchange, or unit of account. This involves countries diversifying their foreign reserves and conducting international trade in alternative currencies.
- Reasons for Moving Towards De-dollarisation:
- Reduce dependency on the U.S. dollar: This can help countries mitigate risks associated with fluctuations in the dollar’s value and changes in U.S. monetary policy.
- Enhance economic sovereignty: Using alternative currencies, countries can reduce their vulnerability to U.S. economic sanctions and restrictions.
- Promote global financial stability: Diversifying reserve currencies can reduce the global financial system’s dependence on a single currency, potentially leading to a more balanced and resilient system.
- Challenges Associated with De-dollarisation:
- Transition Costs: Switching from the U.S. dollar to other currencies involves significant expenses, including updating financial systems and renegotiating trade agreements.
- Market Volatility: Introducing new currencies can cause market instability and uncertainty, potentially disrupting global trade and investment.
- Lack of Trust and Acceptance: Alternative currencies must gain widespread acceptance and trust, which can be challenging given the entrenched dominance of the U.S. dollar.
Answer: (b) Only two; Difficulty Level: Easy
-
Question 4 of 7
4. Question
Q4. {Prelims – Envi – Species} Consider the following statements about a seabird species:
- It is the oldest known wild bird in the world.
- In Hawaiian culture, it symbolizes good luck and guidance and is called Mōlī.
- It is known for its long lifespan and strong monogamous pair bonds.
- These birds have exceptional navigation skills, traveling thousands of miles across oceans and returning precisely to their nesting sites.
- It is classified as Near Threatened by the IUCN.
Identify the species based on the clues provided above:
Correct
Explanation
Option (b) is correct
- Laysan Albatross (Phoebastria immutabilis) is the oldest known wild bird in the world.
- In Hawaiian culture, the Laysan albatross, known as “Mōlī,” symbolizes good luck and guidance.
- Longevity: These birds are known for their long lifespans.
- Monogamy: These birds are famous for their strong monogamous pair bonds. Once they find a mate, they typically stay together for life. They only lay at most one egg per year.
- Navigation Skills: Capable of travelling thousands of miles across the open ocean and returning precisely to their nesting sites. These birds can travel hundreds of miles daily with scarcely a wingbeat.
- IUCN Status: Near Threatened.
Answer: (b) Laysan Albatross; Difficulty Level: Hard
Incorrect
Explanation
Option (b) is correct
- Laysan Albatross (Phoebastria immutabilis) is the oldest known wild bird in the world.
- In Hawaiian culture, the Laysan albatross, known as “Mōlī,” symbolizes good luck and guidance.
- Longevity: These birds are known for their long lifespans.
- Monogamy: These birds are famous for their strong monogamous pair bonds. Once they find a mate, they typically stay together for life. They only lay at most one egg per year.
- Navigation Skills: Capable of travelling thousands of miles across the open ocean and returning precisely to their nesting sites. These birds can travel hundreds of miles daily with scarcely a wingbeat.
- IUCN Status: Near Threatened.
Answer: (b) Laysan Albatross; Difficulty Level: Hard
Unattempted
Explanation
Option (b) is correct
- Laysan Albatross (Phoebastria immutabilis) is the oldest known wild bird in the world.
- In Hawaiian culture, the Laysan albatross, known as “Mōlī,” symbolizes good luck and guidance.
- Longevity: These birds are known for their long lifespans.
- Monogamy: These birds are famous for their strong monogamous pair bonds. Once they find a mate, they typically stay together for life. They only lay at most one egg per year.
- Navigation Skills: Capable of travelling thousands of miles across the open ocean and returning precisely to their nesting sites. These birds can travel hundreds of miles daily with scarcely a wingbeat.
- IUCN Status: Near Threatened.
Answer: (b) Laysan Albatross; Difficulty Level: Hard
-
Question 5 of 7
5. Question
Q5. {Prelims – S&T – Space} Which of the following best describes the term ‘novae’?
Correct
Explanation
Option (c) is correct
- Novae are a class of transient astronomical events characterized by the sudden appearance of a bright, new star-like object in the night sky.
- These occur due to stellar explosions in a binary star system where a white dwarf accretes material from its companion star.
- The outbursts lead to a temporary increase in brightness that gradually fades over weeks or months.
- Far ultraviolet emissions offer critical insights into processes occurring during a nova’s eruption phase.
- The UV observations help monitor how fluxes in these disks change over time, revealing details about the stability of the accretion process.
Answer: (c) A transient event where a bright, star-like object appears suddenly; Difficulty Level: Medium
Incorrect
Explanation
Option (c) is correct
- Novae are a class of transient astronomical events characterized by the sudden appearance of a bright, new star-like object in the night sky.
- These occur due to stellar explosions in a binary star system where a white dwarf accretes material from its companion star.
- The outbursts lead to a temporary increase in brightness that gradually fades over weeks or months.
- Far ultraviolet emissions offer critical insights into processes occurring during a nova’s eruption phase.
- The UV observations help monitor how fluxes in these disks change over time, revealing details about the stability of the accretion process.
Answer: (c) A transient event where a bright, star-like object appears suddenly; Difficulty Level: Medium
Unattempted
Explanation
Option (c) is correct
- Novae are a class of transient astronomical events characterized by the sudden appearance of a bright, new star-like object in the night sky.
- These occur due to stellar explosions in a binary star system where a white dwarf accretes material from its companion star.
- The outbursts lead to a temporary increase in brightness that gradually fades over weeks or months.
- Far ultraviolet emissions offer critical insights into processes occurring during a nova’s eruption phase.
- The UV observations help monitor how fluxes in these disks change over time, revealing details about the stability of the accretion process.
Answer: (c) A transient event where a bright, star-like object appears suddenly; Difficulty Level: Medium
-
Question 6 of 7
6. Question
Q6. {Prelims – Sci – Chemistry} Consider the following statements regarding the element Tungsten:
- Tungsten is a rare and highly valued metal naturally occurring in the Earth’s crust.
- It is a dense metal, exhibiting a greyish-white to steel-grey appearance.
- Scheelite is one of the primary minerals of tungsten.
- The Indian government has classified tungsten as one of the 30 critical minerals.
- Tungsten possesses excellent thermal and electrical conductivity.
Which of the statements given above are correct?
Correct
Explanation
Option (d) is correct
- Tungsten is a rare and highly valued metal naturally found in the Earth’s crust.
- It is also known as wolfram. It is a dense metal that appears greyish-white to steel-grey.
- Minerals of tungsten: Scheelite (Calcium tungstate, CaWO4) and Wolframite (a mixture of ferrous tungstate and manganous tungstate) These minerals are primarily of hydrothermal origin.
- The Centre has classified it as one of the 30 critical minerals, underscoring its strategic importance and necessity for technological and industrial advancements.
- Uses: Light bulbs, Welding, Radiation shielding, Military applications, Electrical contacts, Rocket nozzles, Chemical apparatus, High-speed rotors, Solar-energy devices, and Jewellery (as a gold substitute).
- Properties of Tungsten
- Tungsten boasts the highest melting point of all metals, at 3,422°C, and It is resistant to most acids at ordinary temperatures. It exhibits excellent corrosion resistance.
- It possesses good thermal and electrical conductivity. Also, it has a low coefficient of expansion.
- It is known for its elasticity, ductility, and high tensile strength.
- It is added to steel to increase its strength and hardness.
Answer: (d) 1, 2, 3, 4 and 5; Difficulty Level: Hard
Incorrect
Explanation
Option (d) is correct
- Tungsten is a rare and highly valued metal naturally found in the Earth’s crust.
- It is also known as wolfram. It is a dense metal that appears greyish-white to steel-grey.
- Minerals of tungsten: Scheelite (Calcium tungstate, CaWO4) and Wolframite (a mixture of ferrous tungstate and manganous tungstate) These minerals are primarily of hydrothermal origin.
- The Centre has classified it as one of the 30 critical minerals, underscoring its strategic importance and necessity for technological and industrial advancements.
- Uses: Light bulbs, Welding, Radiation shielding, Military applications, Electrical contacts, Rocket nozzles, Chemical apparatus, High-speed rotors, Solar-energy devices, and Jewellery (as a gold substitute).
- Properties of Tungsten
- Tungsten boasts the highest melting point of all metals, at 3,422°C, and It is resistant to most acids at ordinary temperatures. It exhibits excellent corrosion resistance.
- It possesses good thermal and electrical conductivity. Also, it has a low coefficient of expansion.
- It is known for its elasticity, ductility, and high tensile strength.
- It is added to steel to increase its strength and hardness.
Answer: (d) 1, 2, 3, 4 and 5; Difficulty Level: Hard
Unattempted
Explanation
Option (d) is correct
- Tungsten is a rare and highly valued metal naturally found in the Earth’s crust.
- It is also known as wolfram. It is a dense metal that appears greyish-white to steel-grey.
- Minerals of tungsten: Scheelite (Calcium tungstate, CaWO4) and Wolframite (a mixture of ferrous tungstate and manganous tungstate) These minerals are primarily of hydrothermal origin.
- The Centre has classified it as one of the 30 critical minerals, underscoring its strategic importance and necessity for technological and industrial advancements.
- Uses: Light bulbs, Welding, Radiation shielding, Military applications, Electrical contacts, Rocket nozzles, Chemical apparatus, High-speed rotors, Solar-energy devices, and Jewellery (as a gold substitute).
- Properties of Tungsten
- Tungsten boasts the highest melting point of all metals, at 3,422°C, and It is resistant to most acids at ordinary temperatures. It exhibits excellent corrosion resistance.
- It possesses good thermal and electrical conductivity. Also, it has a low coefficient of expansion.
- It is known for its elasticity, ductility, and high tensile strength.
- It is added to steel to increase its strength and hardness.
Answer: (d) 1, 2, 3, 4 and 5; Difficulty Level: Hard
-
Question 7 of 7
7. Question
Q7. {Polity – IC – Comparison} Which of the following are correct statements regarding the Presidential Pardons in the U.S. and India?
- In the U.S., Presidential Pardons can only be granted for federal offenses, excluding impeachment cases.
- In India, the President can grant pardons for offenses under Union law, court-martial sentences, and the death penalty.
- The U.S. President’s pardoning power is subject to judicial review.
Select the correct answer using the codes below:
Correct
Explanation
Option (a) is correct
Aspect
President of India
President of the USA
Constitutional Provisions - Article 72: Grants the President the power to grant pardons, reprieves, respites, remissions & commutations.
- Article 161: Grants the Governors of states the power to grant pardons and clemency for offences under state laws.
Article II, Section 2: Grants the President the power to grant pardons, reprieves, and commutations. Scope of Power - Offenses under Union law.
- Sentences by court-martial.
- Death penalty cases.
- Cases relating to foreign nationals or military personnel.
- Excludes pardons for offences under state laws (Article 161).
Federal crimes only, excluding state crimes under the jurisdiction of state governors and cases of impeachment. Types of Clemency Power - Pardon: Complete forgiveness, releasing the offender from all penalties and punishments.
- Reprieve: Temporary suspension of a sentence.
- Respite: Reduction of punishment for a particular case.
- Remission: Reduction of the severity of a sentence. – Commutation: Substitution of a less severe sentence.
- Pardon: Complete forgiveness, removing all penalties.
- Reprieve: Temporary delay or suspension of a sentence.
- Commutation: Changing a punishment to a less severe one.
Parliamentary Influence The power is exercised on the advice of the Council of Ministers (Article 74) which is indirectly influenced by Parliament. The President is bound by the advice of the Council. The President exercises the pardoning power independently, without needing advice from anybody & without direct influence from the legislative body. Separation of Powers The parliamentary system influences the exercise of pardoning power, which emphasises collective responsibility. The power is independent, as the President operates under a presidential system with separation of powers. Judicial Review Subject to judicial review by the courts if it is deemed to be exercised arbitrarily or in bad faith or violates fundamental rights (Epuru Sudhakar vs. Govt. of AP) Generally, exercising pardoning power is not subject to judicial review, as it is considered an executive power. Transparency Process There is no constitutional requirement for transparency; decisions are often made without public explanation. Pardoning decisions are usually made public through formal announcements, providing some level of transparency. Answer: (a) 1 and 2 only; Difficulty Level: Easy
Incorrect
Explanation
Option (a) is correct
Aspect
President of India
President of the USA
Constitutional Provisions - Article 72: Grants the President the power to grant pardons, reprieves, respites, remissions & commutations.
- Article 161: Grants the Governors of states the power to grant pardons and clemency for offences under state laws.
Article II, Section 2: Grants the President the power to grant pardons, reprieves, and commutations. Scope of Power - Offenses under Union law.
- Sentences by court-martial.
- Death penalty cases.
- Cases relating to foreign nationals or military personnel.
- Excludes pardons for offences under state laws (Article 161).
Federal crimes only, excluding state crimes under the jurisdiction of state governors and cases of impeachment. Types of Clemency Power - Pardon: Complete forgiveness, releasing the offender from all penalties and punishments.
- Reprieve: Temporary suspension of a sentence.
- Respite: Reduction of punishment for a particular case.
- Remission: Reduction of the severity of a sentence. – Commutation: Substitution of a less severe sentence.
- Pardon: Complete forgiveness, removing all penalties.
- Reprieve: Temporary delay or suspension of a sentence.
- Commutation: Changing a punishment to a less severe one.
Parliamentary Influence The power is exercised on the advice of the Council of Ministers (Article 74) which is indirectly influenced by Parliament. The President is bound by the advice of the Council. The President exercises the pardoning power independently, without needing advice from anybody & without direct influence from the legislative body. Separation of Powers The parliamentary system influences the exercise of pardoning power, which emphasises collective responsibility. The power is independent, as the President operates under a presidential system with separation of powers. Judicial Review Subject to judicial review by the courts if it is deemed to be exercised arbitrarily or in bad faith or violates fundamental rights (Epuru Sudhakar vs. Govt. of AP) Generally, exercising pardoning power is not subject to judicial review, as it is considered an executive power. Transparency Process There is no constitutional requirement for transparency; decisions are often made without public explanation. Pardoning decisions are usually made public through formal announcements, providing some level of transparency. Answer: (a) 1 and 2 only; Difficulty Level: Easy
Unattempted
Explanation
Option (a) is correct
Aspect
President of India
President of the USA
Constitutional Provisions - Article 72: Grants the President the power to grant pardons, reprieves, respites, remissions & commutations.
- Article 161: Grants the Governors of states the power to grant pardons and clemency for offences under state laws.
Article II, Section 2: Grants the President the power to grant pardons, reprieves, and commutations. Scope of Power - Offenses under Union law.
- Sentences by court-martial.
- Death penalty cases.
- Cases relating to foreign nationals or military personnel.
- Excludes pardons for offences under state laws (Article 161).
Federal crimes only, excluding state crimes under the jurisdiction of state governors and cases of impeachment. Types of Clemency Power - Pardon: Complete forgiveness, releasing the offender from all penalties and punishments.
- Reprieve: Temporary suspension of a sentence.
- Respite: Reduction of punishment for a particular case.
- Remission: Reduction of the severity of a sentence. – Commutation: Substitution of a less severe sentence.
- Pardon: Complete forgiveness, removing all penalties.
- Reprieve: Temporary delay or suspension of a sentence.
- Commutation: Changing a punishment to a less severe one.
Parliamentary Influence The power is exercised on the advice of the Council of Ministers (Article 74) which is indirectly influenced by Parliament. The President is bound by the advice of the Council. The President exercises the pardoning power independently, without needing advice from anybody & without direct influence from the legislative body. Separation of Powers The parliamentary system influences the exercise of pardoning power, which emphasises collective responsibility. The power is independent, as the President operates under a presidential system with separation of powers. Judicial Review Subject to judicial review by the courts if it is deemed to be exercised arbitrarily or in bad faith or violates fundamental rights (Epuru Sudhakar vs. Govt. of AP) Generally, exercising pardoning power is not subject to judicial review, as it is considered an executive power. Transparency Process There is no constitutional requirement for transparency; decisions are often made without public explanation. Pardoning decisions are usually made public through formal announcements, providing some level of transparency. Answer: (a) 1 and 2 only; Difficulty Level: Easy
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