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Daily Current Affairs Prelims Quiz 22-04-2021 - (Online Prelims Test) 

1) With respect to US Currency Manipulation Watchlist, consider the following statements:

  1. A country will be designated as a currency manipulator by the United States Treasury Department based on three criteria.
  2. The designation of a country as a currency manipulator does not attract any penalties immediately.
  3. India was recently added to the currency manipulator list for the very first time.

Which of the statements given above are correct?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : c
  • The United States has retained India among many other countries on its currency manipulation watchlist.
  • India was added to the list for a second time in December 2020.
  • It was first added to the list in December 2018, and later removed in 2019.

Currency Manipulation

  • The US Treasury Department uses three criteria to assess whether an economy has manipulated its currency or not:
  1. Bilateral trade surplus with the US of more than $20 billion
  2. Current account surplus of at least 3 percent of Gross Domestic Product (GDP)
  3. Net purchases of foreign currency of 2 percent of GDP over 12 months.

Currency Manipulation

  • This is a label given by the US government to countries it feels are engaging in “unfair currency practices” by deliberately devaluing their currency against the dollar.
  • The practice would mean that the country in question is artificially lowering the value of its currency to gain an unfair advantage over others.
  • This is because the devaluation would reduce the cost of exports from that country and artificially show a reduction in trade deficits as a result.

2) With respect to Project Kuiper, sometimes seen in the news recently, consider the following statements:

  1. It aims to build Low Earth Orbit (LEO) satellites to provide high-speed and low latency broadband service to under-served regions.
  2. It was launched by SpaceX in cooperation with LeoSat.

Which of the statement(s) given above is/are correct?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : a
  • Amazon has secured an agreement with space launch firm, United Launch Alliance (ULA), to support the deployment of its Project Kuiper satellites.

Project Kuiper

  • In July, 2020, Amazon had received approval to build Low Earth Orbit (LEO) satellites to provide high-speed and low latency broadband service to under-served regions.
  • US Federal Communication Commission (FCC) allows Amazon to deploy and operate a constellation of 3,236 inter-connected satellites to provide internet.
  • In comparison to Amazon’s plan, SpaceX is working on blanketing the earth with nearly 12,000 LEO satellites by 2027.
  • Apart from SpaceX and Amazon, Facebook, Boeing and Luxemborg-based LeoSat are also planning to enter the LEO-based internet business.

3) Which of the following countries share borders with Republic of Chad?

  1. Libya
  2. Sudan
  3. Egypt
  4. South Sudan

Select the correct answer using the codes given below:

  • a. 
  • b. 
  • c. 
  • d. 
Answer : a
  • Chad’s President Idriss Deby Itno died in combat after three decades in power.
  • Mr. Deby had died from injuries sustained as he led his troops against rebels who launched an offensive against his regime from Libya last week.

Chad

  • Chad is a landlocked state in north-central Africa.
  • It is bounded on the north by Libya, on the east by Sudan, on the south by the Central African Republic, and on the west by Cameroon, Nigeria, and Niger.

4) Consider the following statements with respect to Gangaikondacholapuram

  1. It was established by King Raja Raja Chola II after his victorious expedition up to the Gangetic plains.
  2. The temple located in Tamil Nadu is dedicated to Lord Vishnu.

Which of the statement(s) given above is/are correct?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : d
  • The State Department of Archaeology has made some encouraging finds in the excavation at Maligaimedu near Gangaikondacholapuram, the capital of King Rajendra Chola I, in Tamil Nadu.

Gangaikondacholapuram

  • It was established by King Rajendra Chola I (1012-1044 CE) after his victorious expedition up to the Gangetic plains.
  • Excavations conducted earlier at Maligaimedu had revealed the remains of a royal palace.
  • The previous excavations were carried out at the site on a smaller scale on six occasions when portions of the Rajendra Chola’s palace were unearthed.
  • Antiques and other items found in the excavations are on display at a museum at Gangaikondacholapuram.

5) Which one of the following statements is incorrect?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : b
  • Pale yellow urine is a sign of drinking enough water.
  • If you are dehydrated, the urine will become a deep amber or even light brown.
  • Pigments and other compounds in certain foods and medications can also change the urine colour.

6) Which of the following statements are correct with respect to Green New Deal (GND)

  1. It is a global roadmap for Climate change proposed by United Nations Framework Convention on Climate Change (UNFCCC).
  2. It aims to possibly ban the sale of gasoline and diesel vehicles by 2030.

Select the correct answer using the codes given below:

  • a. 
  • b. 
  • c. 
  • d. 
Answer : b

Green New Deal (GND)

  • Recently, the US President Joe Biden has unveiled his $2 trillion infrastructure plan, promising to fight climate change and create new jobs in the process.
  • The Green New Deal is a resolution, a roadmap for what America needs to do to address climate change and avoid a global catastrophe.
  • The resolution says the US must take a leading role in reducing emissions.
  • The main goal is to reduce US’s greenhouse gas emissions to net-zero by 2030 along with creating jobs, establishing universal healthcare, high minimum wages and integrating the US through public transport.
  • It includes improvements to the public transport network to include more electric vehicles, and also investments in making the network denser.
  • It aims to decarbonise the economy by reducing carbon emissions to net-zero by switching to 100 percent renewable energy sources.
  • It aims to reduce emissions by implementing a zero-carbon standard for new buildings and funding for retrofitting of existing buildings that are dependent on natural gas for heating and cooling.

7) Which of the following Statements are correct with respect to Saturation of Peripheral Oxygen (SpO2)?

  1. It is a measure of the percentage of haemoglobin saturated with oxygen and can be measured by oximetry or through blood tests.
  2. Very low levels of SpO2 can result in very serious symptoms known as hypoxemia.

Select the correct answer using the codes given below:

  • a. 
  • b. 
  • c. 
  • d. 
Answer : c

Saturation of Peripheral Oxygen (SpO2)

  • The body needs there to be a certain level of oxygen in the blood or it will not function as efficiently.
  • In fact, very low levels of SpO2 can result in very serious symptoms, this condition is known as hypoxemia.
  • There is a visible effect on the skin, known as cyanosis due to the blue (cyan) tint it takes on.
  • Hypoxemia, low levels of oxygen in the blood can turn into hypoxia (low levels of oxygen in the tissue).
  • This progression and the difference between the two conditions is important to understand.
  • Healthy individuals at sea level usually exhibit oxygen saturation values between 96% and 99%, and should be above 94%.
  • At 1,600 meters' altitude (about one mile high) oxygen saturation should be above 92%.
  • SaO2 (arterial oxygen saturation) value below 90% causes hypoxia, which can also be caused by anemia.
  • Defence Research and Development Organisation (DRDO) has developed SpO2 (Blood Oxygen Saturation) supplemental Oxygen Delivery System for soldiers posted at extreme high-altitude areas.

8) Which of the following is purpose of ISRO’s RESPOND Programme

  • a. 
  • b. 
  • c. 
  • d. 
Answer : b

RESPOND Programme

  • Under RESPOND, projects in the advanced areas of relevance to Space programme are encouraged to be taken up by premiere universities/academic institutions.
  • ISRO helps the academic institutions to establish the necessary technical facilities and also provide fellowships to researchers to work on cutting edge research topics.
  • ISRO provides financial support to Academic Institutions in India for conducting research and development activities related to Space Science, Space Technology and Space Applications.
  • Its objective is to establish strong links with premiere academic institutions in the country to carry out research and developmental projects which are of relevance to Space.
  • The research proposals received from academia for consideration under RESPOND are accepted for taking up research along with appropriate technical and financial support.
  • Recently, the Indian Space Research Organisation (ISRO) has announced that it will support the projects of IIT-Delhi under its RESPOND Programme.

9) Which of the following organization releases World Press Freedom Index’?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : d

World Press Freedom Index

  • Recently, the Reporters without Borders (RSF) has released the 2021 edition of World Press Freedom Index.
  • It is an annual report published every year since 2002 by Reporters without Borders (RSF).
  • It is a qualitative analysis combined with quantitative data on abuses and acts of violence against journalists during the period evaluated.
  • It does not rank public policies even if governments obviously have a major impact on their country’s ranking.
  • The countries have been given scores ranging from 0 to 100, with 0 being the best possible score and 100 the worst, ever since the 2013 index.
  • It ranks 180 countries, topped by Norway followed by Finland and Denmark, while Eritrea is at the bottom.
  • In the South Asian neighbourhood, Nepal is at 106, Sri Lanka at 127, Myanmar (before the coup) at 140, Pakistan at 145 and Bangladesh at 152.
  • India is ranked 142 after it had consistently slid down from 133 in 2016.
  • It continues to be counted among the countries classified “bad” for journalism, India shares the “bad” classification with Brazil, Mexico and Russia.
  • India is termed as one of the most dangerous countries for journalists trying to do their jobs properly.

Reporters without Borders (RSF)

  • It is an international journalism not-for profit body based in Paris.
  • It is an independent NGO with consultative status with the United Nations, UNESCO, the Council of Europe and the International Organization of the Francophonie (OIF).
  • It was founded by four journalists in the southern French city Montpellier in 1985.

10) Consider the following statements with respect to Boao Forum for Asia

  1. It is a Non-profit organization initiated by 25 Asian countries and Australia.
  2. It is modelled on the World Economic Forum held annually in Davos, Switzerland.

Which of the statement(s) given above is/are correct?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : c

Boao Forum for Asia (BFA)

  • The Boao Forum for Asia is a non-profit organisation, was initiated in 2001 by 25 Asian countries and Australia (increased to 28 in 2006).
  • It has provided a high-end platform for political, business and academic leaders in Asia and the world.
  • The Forum is committed to promoting regional economic integration and bringing Asian countries even closer to their development goals.
  • It has made positive contributions to the promotion of regional economic integration, common development and the building of a more prosperous and harmonious Asia.
  • Recently BFA released an annual report on the Asian economy.
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