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PRELIMS DAILY QUIZ WITH EXPLANATIONS.

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1.Consider the following statements

1.India’s first Antyodaya Express has been launched by the Minister of Railways.

2.The express will run between Ernakulam and Howrah

3.It is a fully unreserved superfast train service.

Which among are correct?

A. 1 only

B.1 and 2 only

C. 1,2 and 3

D.None of these

[shc_shortcode class=”shc_mybox”]Option C Explanation: The Union Minister of Railways Suresh Prabhu has flagged off India’s first Antyodaya Express between Ernakulam and Howrah. The train service was inaugurated by the Railways Minister via video conferencing in New Delhi on February 27, 2017. The Antyodaya Express is a long-distance, fully unreserved, superfast train service, for the common man to be operated on dense routes. The new express train will have facilities like cushioned luggage racks which can serve as seats, LED lights, modular toilets, pleasing interior colour scheme and others. Beside this, the Railway Minister has also flagged off the 4th Humsafar Express between Sriganganagar and Tiruchirapalli. The new train is fully air-conditioned third AC service with an optional service for meals.[/shc_shortcode]

2.What is the India’s GDP growth forecast for FY 17, as per latest survey by the Organization for Economic Co-operation and Development (OECD)?

A. 7.0%

B. 8.0%

C.6.0%

D.7.5%

[shc_shortcode class=”shc_mybox”]Option A Explanation: India’s GDP growth rate has been projected to 7% for FY17, as per latest survey by the Organisation for Economic Co-operation and Development (OECD). In its Economic Survey of India (ESI), the Global think-tank has stated that demonetisation may have impacted short term growth but the long term effects would include important gains going forward. It suggested that India should bring down corporate tax rate from 30% to 25%. Beside this, OECD has also estimated India’s GDP growth rate to 7.3% for FY18 and 7.7% for FY19. The OECD is a global policy forum that promotes policies to improve the economic and social well-being of people around the world.[/shc_shortcode]

3.What is the theme of 2017 National Science Day (NSD)?

A.Fostering Scientific Temper

B. Science for Nation Building

C. Scientific Issues for Development of the Nation

D. Science and Technology for Specially Abled Persons

[shc_shortcode class=”shc_mybox”]Option D Explanation: The National Science Day (NSD) is celebrated every year in India on February 28 to mark the discovery of the Raman Effect by Indian physicist Sir Chandrashekhara Venkata Raman on February 28, 1928. For his discovery, C.V. Raman was awarded the Nobel Prize in Physics in 1930. The 2017 theme is “Science and Technology for Specially Abled Persons”.[/shc_shortcode]

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4.The Madras High Court has directed Tamil Nadu government to enact a Law for the eradication of which tree from the state?
A.Borassus flabellifer
B.Tamarindus indica
C.Prosopis Juliflora
D.Delonix elata

[shc_shortcode class=”shc_mybox”]Option C Explanation :The Madurai bench of the Madras High Court comprising Justices A.Selvam and P.Kalaiarasan directed the Tamil Nadu government to enact a Law with prohibitory and penal clauses within two months to remove prosopis juliflora (Seemai Karuvelam) trees in the state. The bench also directed the State government to release perennial funds to all the district collectors for removing of the seemai karuvelam trees. The Judges would make surprise inspection throughout the State and if any lapse is found on removing these trees, stringent actions would be undertaken.[/shc_shortcode]

5.Which space agency has planned to send its first robotic spacecraft to the Sun in 2018?

A.Indian Space Research Organisation (ISRO)
B.National Aeronautics and Space Administration (NASA)

C.China National Space Administration (CNSA)

D.Japan Aerospace Exploration Agency (JAXA)

[shc_shortcode class=”shc_mybox”]Option B Explanation : The National Aeronautics and Space Administration (NASA) has planned to send its first robotic spacecraft to the Sun in 2018 which will get as close as within six million kilometers to investigate its atmosphere. With this mission, NASA aims to answer three important questions. First, the mission will unveil why the surface of the Sun, called the photosphere, is not as hot as its atmosphere, called the corona. How solar wind gets its speed. Why the Sun occasionally emits high-energy particles that are a danger to unprotected astronauts and spacecraft. For the mission, NASA has designed a 11.4 centimeter carbon-composite shield which can withstand temperatures of 1,370 degrees Celsius outside the spacecraft[/shc_shortcode]

6.Which country has been granted the approval for visa-free travel to the European Union by the member states?

A.Russia
B.Georgia
C.Turkey
D.Azerbaijan

[shc_shortcode class=”shc_mybox”]Option B Explanation :The European Union member states have approved the visa-free travel for Georgia to facilitate cooperation of Georgia with the European Union. The approval was granted after agreeing safeguards to prevent any upsurge in illegal arrivals from the Georgians. Under the accord, Georgian citizens will be able to travel visa-free for 90 days in the EU during any 180-day period. The accord does not apply to the United Kingdom or Ireland. However, the accord now requires formal signature by the 28 member states and the European Parliament.[/shc_shortcode]

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7.Who will head the 11 member Inter-disciplinary Standing Committee on Cyber Security constituted by RBI?

A.M Rajeshwar Rao
B.U.S. Paliwal
C.Surekha Marandi
D.Meena Hemchandra

[shc_shortcode class=”shc_mybox”]Option D Explanation :The Reserve Bank of India (RBI) has set up an 11 member Inter-disciplinary Standing Committee on Cyber Security on February 28, 2017. The committee will be chaired by RBI Executive Director Meena Hemchandra. The panel has the freedom to co-opt more experts in future and also operate through a framework of sub-committees to examine specific issues. The committee will be responsible to review the threats emerging from the use of technology, study adoption of new technology standards and suggest appropriate policy interventions to strengthen cyber security and resilience.[/shc_shortcode]

8.Which global payment solution corporation has launched Buyer Initiated Payments (BIP) to eliminate payment through cheques or drafts.?

A.VISA
B.American Express
C.MasterCard
D.RuPay

[shc_shortcode class=”shc_mybox”]Option B Explanation :American Express, a global leader in payment solutions has launched an electronic payment platform linked to corporate card, Buyer Initiated Payments (BIP)  to eliminate payment through cheques or drafts. The BIP card will help organizations and their vendors by reducing the processing cost and offer extended payment terms compared to traditional invoice payments. BIP enables companies to increase the Days Payable Outstanding (DPO) while still paying vendors on time. Through the BIP process, vendors will receive the payment as a direct deposit into their bank account along with an electronic notification of the deposit.[/shc_shortcode]

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9.Which organization has signed an MoU with Capital Small Finance Bank on to enable it to provide loans at a concessional rate to MSMEs?

A.Small Industries Development Bank of India (SIDBI)
B.Asian Development Bank (ADB)
C.Reserve Bank of India (RBI)
D.National Bank for Agriculture and Rural Development (NABARD)

[shc_shortcode class=”shc_mybox”]Option A Explanation :Lucknow based Small Industries Development Bank of India (SIDBI) and India’s first small finance bank Capital Small Finance Bank (CSFB) signed Memorandum of Understandingto enable it to provide loans at a concessional rate to MSMEs. Aim: To promote and strengthen the micro, small and medium enterprises (MSMEs). Th MoU will envisages joint financing/co-financing of MSMEs for capital expenditure under ‘SIDBI Make in India Soft Loan Fund for Micro, Small & Medium Enterprises’, popularly known as SMILE at a concessional rate of 9.60 per cent by SIDBI[/shc_shortcode]

10. Reliance Jio has collaborated with which global networking company to expand its existing Jio capacity to build an All-IP services platform?

A.IBM
B.Juniper
C.Cisco
D.Brocade

[shc_shortcode class=”shc_mybox”]Option C Explanation :LTE mobile network operator Reliance Jio has announced a collaboration with the networking giant Cisco to expand Jio’s existing multi-terabit capacity with the first All-IP converged network in India. With this Jio can offer a combination of high-speed data, mobile video, VoLTE, digital commerce, media, cloud and payment services.[/shc_shortcode]

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