UPSC ONLINE ACADEMY

CURRENT AFFAIRS SET-13 (FRAMED FROM TIMES OF INDIA & PRATIYOGITA MAGAZINE

Q.1 With reference to the news there was the term “Drill ,Baby Drill”.What does it signifies ?

A) It is in reference with the US Presidential elections to urge voters to choose suitable candidate

B) It is plan to boost fossil fuel production and reverse climate policies

C) It is a plan to stop the ongoing conflict between the Ukraine & Russia

D) It is a plan to stop mining & underground activities that are detrimental for  environment

View Answer

 Ans. B

In his second term, drill, baby, drill is Donald Trump’s one of prime agendas- to have energy independence and energy dominance. Trump’s 2024 election campaign, built on bedrock of US domestic oil and gas production. Trump asserted his oil and gas policy would cut your energy prices in half, telling voters that within a year of his inauguration in January 2025, they’d see a 50% decrease in costs.

Q.2 Reshaping the foreign exchange landscape, the Reserve Bank of India introduces the Forex Correspondent Scheme (FCS).With reference to the FCS, Consider the following statements :

1. It aims to enhance accessibility to foreign exchange services allowing FxCs to operate with permission from RBI.

2. Under the proposed changes AD Category-II entities may handle trade-related transactions up to ₹25 lakh per transaction

Select the correct answer using the codes given below :

A) Only 1

B) Only 2

C) Both are correct

D) Both are incorrect

View Answer

Ans. D

It aims to enhance accessibility to foreign exchange services allowing FxCs to operate without seeking separate authorization from the RBI.

AD Category-II entities may handle trade-related transactions up to ₹15 lakh per transaction, expanding business scope and encouraging innovation.

Q.3 Who is the winner of the Goldman environmental Prize 2024 from region of Asia ?

A) Thai Van Nguyen, Vietnam

B) Alok Shukla, India

C) Chibeze Ezekiel, Ghana

D) Delima Silalahi, Indonesia

View Answer

Ans. B

Q.4 Who among the following has been crowned Miss India World-wid 2024 title ?

A) Dhruvi Patel

B) Lisa Abdoelhak

C) Sneha Nambiar

D) SuAnn Mouttet

View Answer

Ans. A

Q.5 Which among the following is considered as the World’s largest Island ?

A) Madagascar

B) Greenland

C) New Guinea

D) Victoria Island

View Answer

Ans. B

Greenland lies between the Arctic and Atlantic oceans, east of the Canadian Arctic Archipelago. It is the world’s largest island, and is the location of the northernmost point of land in the world—Kaffeklubben Island off the northern coast is the world’s northernmost undisputed point of land

Q.6 With reference to High Yield Bonds, consider the following statements :

1. These are debt securities issued by companies that have higher credit ratings than investment-grade bonds. 

2. These are also known as Junk bonds as they carry a higher risk of default but offer higher yields to compensate investors for the increased risk.

Select the correct answer using the codes given below :

A) Only 1

B) Only 2

C) Both are correct

D) Both are incorrect

View Answer

Ans. B

These are debt securities issued by companies that have lower credit ratings than investment-grade bonds. 

These bonds carry a higher risk of default but offer higher yields to compensate investors for the increased risk.

Q.7 With reference to the Virtual Numbers, consider the following statements :

1. These are also known as direct inward dialing (DID) or access numbers without a directly associated telephone line.

2. These numbers are programmed to forward incoming calls to one of the pre-set telephone numbers, chosen by the client

Select the correct answer using the codes given below :

A) Only 1

B) Only 2

C) Both are correct

D) Both are incorrect

View Answer

Ans. C

A virtual number, also known as direct inward dialing (DID) or access numbers, is a telephone number without a directly associated telephone line. Usually, these numbers are programmed to forward incoming calls to one of the pre-set telephone numbers, chosen by the client: fixed, mobile or VoIP. A virtual number can work like a gateway between traditional calls (PSTN) and VoIP.

Subscribers to virtual numbers may use their existing phones, without the need to purchase additional hardware, i.e. use the numerous available software.

Q.8 A national campaign “Ab Koi Bahana Nahi” was launched on 25th November 2024. It is related to :

A) Minimizing accidental deaths on National highways

B) Elimination of gender based violence

C) Controlling eve teasing in Public transport

D) Vaccination against vaccine preventable diseases

View Answer

Ans. B

Q.9 The Union Territories Laws Amendment Bill 2024 proposes to make consequential amendments in :

1. Section 5 of the government of Union Territories Act 1962

2. Section 5 of the Government of National Capital Territory Act 1991

3. Section 17 of the Jammu & Kashmir Reorganisation Act 2019

Select the correct answer using the codes given below :

A) 1 & 3

B) 2 & 3

C) 1 & 2

D) 1,2,3

View Answer

Ans. D

Q.10 Which among the following is/are correct with respect to the Samarth Udyog Bharat 4 ?

1. SAMARTH is an acronym for Smart Advanced Manufacturing & Rapid Transformation Hub

2. 4 smart Advanced Manufacturing & Rapid Transaformation Hub centres have been setup under the scheme for enhancement of competitiveness in the Indian Capital Goods Sector

3. SAMARTH centres are working to upskill the workforce in Industry 4 technologies

Select the correct answer using the codes given below :

A) 1 & 3

B) Only 1

C) 2 & 3

D) 1,2,3

View Answer

Ans. D

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