Current Affairs Quiz 16 May 2023
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Current Affairs Quiz 16 May 2023 for UPSC Prelims
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- Question 1 of 5
1. Question
Consider the following statements regarding Aadhaar-enabled Payment System (AePS):
1. The Aadhaar-enabled Payment System (AePS) is a bank-led model which allows online financial transactions at Point-of-Sale (PoS) devices and micro ATMs of any bank using Aadhaar authentication.
2. It allows fund transfers using only the bank name, Aadhaar number, and fingerprint captured during Aadhaar enrolment, according to the National Payments Corporation of India (NPCI).Which of the statements given above is/are correct?
CorrectAnswer: C
What is AePS?
• The Aadhaar-enabled Payment System (AePS) is a bank-led model which allows online financial transactions at Point-of-Sale (PoS) devices and micro ATMs of any bank using Aadhaar authentication.
• The model removes the need for OTPs, bank account and other financial details.
• It allows fund transfers using only the bank name, Aadhaar number, and fingerprint captured during Aadhaar enrolment, according to the National Payments Corporation of India (NPCI).IncorrectAnswer: C
What is AePS?
• The Aadhaar-enabled Payment System (AePS) is a bank-led model which allows online financial transactions at Point-of-Sale (PoS) devices and micro ATMs of any bank using Aadhaar authentication.
• The model removes the need for OTPs, bank account and other financial details.
• It allows fund transfers using only the bank name, Aadhaar number, and fingerprint captured during Aadhaar enrolment, according to the National Payments Corporation of India (NPCI). - Question 2 of 5
2. Question
Which of the following statements regarding Innovations for Defence Excellence (iDEX) are true?
1. It primarily aims at creation of an ecosystem to foster innovation and technology development in Defence and Aerospace by engaging Industries including MSMEs, start-ups among others.
2. It is funded and managed by the Defence Innovation Organization(DIO).Which of the statement(s) given above is/are correct?
CorrectAnswer : C
• Innovations for Defence Excellence(iDEX) was launched by the Government of India in 2018.
• It is funded and managed by the Defence Innovation Organization(DIO).
• It primarily aims at creation of an ecosystem to foster innovation and technology development in Defence and Aerospace by engaging Industries including MSMEs, start-ups among others.
• It also provides grants/funding to carry out R&D which has good potential for future adoption for Indian defence and aerospace needs.
• The objective of the scheme is to provide financial support to nearly 300 Startups/ MSMEs/ individual innovators and about 20 Partner incubators through Defence Innovation Organisation (DIO)IncorrectAnswer : C
• Innovations for Defence Excellence(iDEX) was launched by the Government of India in 2018.
• It is funded and managed by the Defence Innovation Organization(DIO).
• It primarily aims at creation of an ecosystem to foster innovation and technology development in Defence and Aerospace by engaging Industries including MSMEs, start-ups among others.
• It also provides grants/funding to carry out R&D which has good potential for future adoption for Indian defence and aerospace needs.
• The objective of the scheme is to provide financial support to nearly 300 Startups/ MSMEs/ individual innovators and about 20 Partner incubators through Defence Innovation Organisation (DIO) - Question 3 of 5
3. Question
Which of the following statements regarding International Space Station are true?
1. The International Space Station (ISS) is a modular space station in low Earth orbit.
2. The ISS program is a multi-national collaborative project between four participating space agencies: NASA (United States), Roscosmos (Russia), JAXA (Japan), ESA (Europe).
Which of the statement(s) given above is/are correct?CorrectAnswer : A
About the International Space Station (ISS)
· The International Space Station (ISS) is a modular space station (habitable artificial satellite) in low Earth orbit.
· The ISS program is a multi-national collaborative project between five participating space agencies: NASA (United States), Roscosmos (Russia), JAXA (Japan), ESA (Europe), and CSA (Canada).
· The ownership and use of the space station is established by intergovernmental treaties and agreements.
· The ISS serves as a microgravity and space environment research laboratory in which scientific experiments are conducted in astrobiology, astronomy, meteorology, physics, and other fields.
· It is the largest artificial object in space and the largest satellite in low Earth orbit, regularly visible to the naked eye from Earth’s surface.
· The ISS is the ninth space station to be inhabited by crews, following the Soviet and later Russian Salyut, Almaz, and Mir stations as well as Skylab from the US.IncorrectAnswer : A
About the International Space Station (ISS)
· The International Space Station (ISS) is a modular space station (habitable artificial satellite) in low Earth orbit.
· The ISS program is a multi-national collaborative project between five participating space agencies: NASA (United States), Roscosmos (Russia), JAXA (Japan), ESA (Europe), and CSA (Canada).
· The ownership and use of the space station is established by intergovernmental treaties and agreements.
· The ISS serves as a microgravity and space environment research laboratory in which scientific experiments are conducted in astrobiology, astronomy, meteorology, physics, and other fields.
· It is the largest artificial object in space and the largest satellite in low Earth orbit, regularly visible to the naked eye from Earth’s surface.
· The ISS is the ninth space station to be inhabited by crews, following the Soviet and later Russian Salyut, Almaz, and Mir stations as well as Skylab from the US. - Question 4 of 5
4. Question
Geographical Indications (GI) product “Raja Mircha” is from which state
CorrectAnswer: B
In a major boost to exports of Geographical Indications (GI) products from the north-eastern region, a consignment of ‘Raja Mircha’ also referred as king chilli from Nagaland was exported to London via Guwahati by air for the first time.
IncorrectAnswer: B
In a major boost to exports of Geographical Indications (GI) products from the north-eastern region, a consignment of ‘Raja Mircha’ also referred as king chilli from Nagaland was exported to London via Guwahati by air for the first time.
- Question 5 of 5
5. Question
Consider the following
1. Natural gas
2. Steel
3. Cement
Which of the given above is/are Core Industries?CorrectAnswer : d
• The eight core industries’ output contracted 23.4 per cent in May.
The eight Core Industries are coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity.IncorrectAnswer : d
• The eight core industries’ output contracted 23.4 per cent in May.
The eight Core Industries are coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity.