02 December 2021 Current Affairs Quiz
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02 December 2021 – Current Affairs Quiz for UPSC Prelims
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- Question 1 of 5
1. Question
Consider the following statements about Central Bank Digital Currency
1) It is a legal tender and a central bank liability in digital form
2) It is the same as a fiat currency and is exchangeable one-to-one with the fiat currency.
3) It cannot be converted or exchanged at par with similarly denominated cash and traditional central bank deposits.
Which of the above statements is/are correct?CorrectAbout Central Bank Digital Currency:
It is a legal tender and a central bank liability in digital form denominated in a sovereign currency and appearing on the central bank’s balance sheet. Hence statement 1 is correct.
It is the same as a fiat currency and is exchangeable one-to-one with the fiat currency. Only its form is different. Hence statement 2 is correct.
It can be converted or exchanged at par with similarly denominated cash and traditional central bank deposits. Hence statement 3 is incorrect.
It can be transacted using wallets backed by the blockchain and is regulated by the central bank.
CBDCs enable the user to conduct both domestic and cross border transactions which do not require a third party or a bank.IncorrectAbout Central Bank Digital Currency:
It is a legal tender and a central bank liability in digital form denominated in a sovereign currency and appearing on the central bank’s balance sheet. Hence statement 1 is correct.
It is the same as a fiat currency and is exchangeable one-to-one with the fiat currency. Only its form is different. Hence statement 2 is correct.
It can be converted or exchanged at par with similarly denominated cash and traditional central bank deposits. Hence statement 3 is incorrect.
It can be transacted using wallets backed by the blockchain and is regulated by the central bank.
CBDCs enable the user to conduct both domestic and cross border transactions which do not require a third party or a bank. - Question 2 of 5
2. Question
Air Quality Index (AQI) is a metric used to measure air quality. The measurement of air quality is based on which among the following pollutants?
1) Particulate Matter (PM10)
2) Nitrogen Dioxide (NO2)
3) Water vapour
4) Ozone
5) Ammonia
Which of the above statements is/are correct?CorrectAir Quality is measured using a metric called Air Quality Index (AQI). AQI will display the changes in air pollution in the atmosphere. Clean air is extremely important to maintain good health and the environment. Our atmosphere is predominantly made up of 2 important gases that are vital for life on earth, these are Oxygen and Nitrogen. AQI keeps a tab on 8 major air pollutants in the atmosphere namely,
Particulate Matter (PM10)
Particulate Matter (PM2.5)
Nitrogen Dioxide (NO2)
Sulphur Dioxide (SO2)
Carbon Monoxide (CO)
Ozone (O3)
Ammonia (NH3)
Lead (Pb)IncorrectAir Quality is measured using a metric called Air Quality Index (AQI). AQI will display the changes in air pollution in the atmosphere. Clean air is extremely important to maintain good health and the environment. Our atmosphere is predominantly made up of 2 important gases that are vital for life on earth, these are Oxygen and Nitrogen. AQI keeps a tab on 8 major air pollutants in the atmosphere namely,
Particulate Matter (PM10)
Particulate Matter (PM2.5)
Nitrogen Dioxide (NO2)
Sulphur Dioxide (SO2)
Carbon Monoxide (CO)
Ozone (O3)
Ammonia (NH3)
Lead (Pb) - Question 3 of 5
3. Question
Which among the following are tributaries of River krishna?
1) Ghataprabha
2) Bhima
3) Musi
4) Hemavati
Which of the above statements is/are correct?CorrectKrishna River
The Krishna is an east-flowing river.
Originates at Mahabaleshwar in Maharashtra and merges with the Bay of Bengal
Flows through Maharashtra, Karnataka, Telangana and Andhra Pradesh.
Together with its tributaries, it forms a vast basin that covers 33% of the total area of the four states.
The principal tributaries joining Krishna are the Ghataprabha, the Malaprabha, the Bhima, the Tungabhadra and the Musi.
Most of this basin comprises a rolling and undulating country, except for the western border, which is formed by an unbroken line of the Western Ghats.River Hemavati is a tributary of River Kaveri
IncorrectKrishna River
The Krishna is an east-flowing river.
Originates at Mahabaleshwar in Maharashtra and merges with the Bay of Bengal
Flows through Maharashtra, Karnataka, Telangana and Andhra Pradesh.
Together with its tributaries, it forms a vast basin that covers 33% of the total area of the four states.
The principal tributaries joining Krishna are the Ghataprabha, the Malaprabha, the Bhima, the Tungabhadra and the Musi.
Most of this basin comprises a rolling and undulating country, except for the western border, which is formed by an unbroken line of the Western Ghats.River Hemavati is a tributary of River Kaveri
- Question 4 of 5
4. Question
Consider the following statements about Khadi and Village Industries Commission (KVIC)
1) It is a statutory body established by an act of Parliament
2) It functions under the Ministry of Panchayati Raj.
3) It maintains a reserve of raw materials that can be further promoted in the supply-chain.
Which of the above statements is/are correct?CorrectKhadi and Village Industries Commission (KVIC)
It is a statutory body established under the Khadi and Village Industries Commission Act, 1956. Hence statement 1 is correct.
It functions under the Ministry of Micro, Small and Medium Enterprises. Hence statement 2 is incorrect.Objectives:
The social objective of providing employment
The economic objective of producing saleable articles
The wider objective of creating self-reliance amongst the poor and building up a strong rural community spiritImportant Functions of KVIC
It plans, promotes, organizes, and implements programmes for the development of Khadi and Village Industries (KVI).
It coordinates with multiple agencies that are engaged in rural development for several initiatives w.r.t khadi and village industries in rural areas.
It maintains a reserve of raw materials that can be further promoted in the supply-chain. Hence statement 3 is correct.
It aids in creating common service facilities that help in processing of raw materials.
It aids the marketing of KVI products through artisans and other avenues.
It creates linkages with multiple marketing agencies for the promotion and sale of KVI products.IncorrectKhadi and Village Industries Commission (KVIC)
It is a statutory body established under the Khadi and Village Industries Commission Act, 1956. Hence statement 1 is correct.
It functions under the Ministry of Micro, Small and Medium Enterprises. Hence statement 2 is incorrect.Objectives:
The social objective of providing employment
The economic objective of producing saleable articles
The wider objective of creating self-reliance amongst the poor and building up a strong rural community spiritImportant Functions of KVIC
It plans, promotes, organizes, and implements programmes for the development of Khadi and Village Industries (KVI).
It coordinates with multiple agencies that are engaged in rural development for several initiatives w.r.t khadi and village industries in rural areas.
It maintains a reserve of raw materials that can be further promoted in the supply-chain. Hence statement 3 is correct.
It aids in creating common service facilities that help in processing of raw materials.
It aids the marketing of KVI products through artisans and other avenues.
It creates linkages with multiple marketing agencies for the promotion and sale of KVI products. - Question 5 of 5
5. Question
‘Kyhytysuka sachicarum’ recently seen in the news is?
CorrectKyhytysuka sachicarum is a new marine reptile species discovered by an international team of researchers. It is an extinct species. It was discovered from fossils found in central Columbia.
IncorrectKyhytysuka sachicarum is a new marine reptile species discovered by an international team of researchers. It is an extinct species. It was discovered from fossils found in central Columbia.
