05 August 2022: Daily Current Affairs & GK for HAS/HPAS & Allied Services
1. Which of the following statements is correct
regarding Comptroller and Auditor General (CAG)?
a) It is a
constitutional post under Article 165.
b) CAG can only be
appointed on recommendation to the President by a selection committee
comprising of the Prime Minister, Chief Justice of India and Leader of
Opposition in Lok Sabha.
c) Salary and
service conditions of CAG are fixed by the President through an executive
order.
d) No minister can
take responsibility for him or represent him in the Parliament.
Answer: (D)
Explanation:
- CAG is a constitutional post under Article 148. He is the head of the Indian audit & account department and chief Guardian of Public purse.
- CAG is appointed by the President by warrant under his hand and seal and provided with tenure of 6 years or 65 years of age, whichever is earlier.
- Salary and service conditions of CAG are fixed by the parliament.
2. Which of the
following statements is/are correct regarding the components of Balance of
Payment?
1. Current account
includes import and export of goods and services, External Commercial Borrowing
(ECB) and other forms of loans made or given with foreign countries.
2. Capital account includes Foreign Direct Investment
(FDI), Foreign Portfolio Investment (FPI).
Select the correct
option answer using the code given below:
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer: (B)
Explanation:
- Current Account: It shows export and import of visibles (also called merchandise or goods - represent trade balance) and invisibles (also called non-merchandise).
- Invisibles include services, transfers and income.
- Capital Account: It shows a capital expenditure and income for a country.
- It gives a summary of the net flow of both private and public investment into an economy. External Commercial Borrowing (ECB), Foreign Direct Investment, Foreign Portfolio Investment, etc form a part of capital account.
3. Applications
of 5G Technology can be seen in which of the following fields?
1. Big Data
Analytics
2. Artificial Intelligence
3. Edge computing
4. 4th Industrial
Revolution
Select the correct
option answer using the code given below:
a) 1 and 2 only
b) 2 and 4 only
c) 1, 2 and 3 only
d) 1,2,3 and 4 only
Answer: (D)
Explanation:
- 5th generation mobile network (5G) is a new global wireless standard after 4G. Recently government auctioned 5G spectrum.
- Internet speeds in the high-band spectrum of 5G can be as high as 20 Gbps (gigabytes per second), while, in most cases, the maximum internet data speed in 4G is 1 Gbps.
- 5G technology is expected to form the basis IoT, cloud computing, big data, Artificial Intelligence, and edge computing, all of which require stable high speed internet connectivity.
4. Which of the
following statements is/are correct regarding depreciation of currency?
1. It refers to a
fall in the value of a currency in a fixed exchange rate system.
2. Depreciation of
currency can boost a country’s exports.
3. Depreciation of
currency can cause imported inflation in a country that has a large import
bill.
Select the correct
option answer using the code given below:
a) 1 only
b) 2 and 3 only
c) 3 only
d) 1 and 3 only
Answer: (B)
Explanation:
- Currency depreciation is a fall in the value of a currency in a floating exchange rate system. In a fixed exchange rate system, it is called Currency devaluation.
- Rupee depreciation means that the rupee has become less valuable with respect to the dollar.
- Rest 2 statements are correct.
5. Which of the
following statements is/are correct regarding family courts in India?
1. They are
quasi-judicial bodies provided for by the Family Courts Act of 1984.
2. Chief Justice of
a High Court can establish family courts after consulting with the state
government.
3. The 1984 act
grants the family courts the same powers and jurisdiction as the District Court
or Subordinate Civil Courts in their suits and proceedings.
Select the correct
option answer using the code given below:
a) 1 only
b) 2 and 3 only
c) 3 only
d) 1 and 3 only
Answer: (D)
Explanation:
- The Family Courts Act of 1984 was enacted to provide for the establishment of Family Courts in order to promote conciliation and ensure the prompt resolution of disputes concerning marriage and family affairs. The main goal of family courts is to remove family and marital disputes from overburdened and traditional courts of law and place them in a simple court where a layperson could understand the procedure.
- State government, after consulting with the High Court, shall establish the Family Court in every area of the state with a population of more than one million people or in any other area where the State government deems it necessary.
6. Consider the
following statements, with respect to Rare Earth Elements (REE):
1. There are 26
earth elements which are recognized as REE.
2. They react with
metals and non-metals to form compounds
3. They show high
melting and boiling point.
Which of the
statements given above is/are correct?
a) 1, 2 and 3
b) 3 only
c) 1 and 2 only
d) 2 and 3 only
Answer: (D)
Explanation:
- Statement 1 is
correct: There are 17 rare earth elements (REE) which includes the
15 Lanthanides (atomic numbers 57 which is Lanthanum — to 71 in the periodic
table) plus Scandium (atomic number 21) and Yttrium (39).
- Physical and Chemical Properties of REE:
- Statement 3 is
correct: Chemically, rare earths are strong reducing agents. Their
compounds are generally ionic and they display high melting and boiling points.
- Statement 2 is correct: rare earths react
with other metallic and non-metallic elements to form compounds each of which
has specific chemical behaviors. This makes them indispensable and
non-replaceable in many electronic, optical, magnetic, and catalytic
applications.
7. Which of the
following nations are part of ‘Minerals Security Partnership (MSP)’:
1. USA
2. South Korea
3. Japan
4. India
Select the correct
answer using the code given below:
a) 1, 2 and 3 only
b) 1 and 3 only
c) 2 and 3 only
d) 1, 2 , 3 and 4
Answer: (A)
Explanation: About
Minerals Security Partnership (MSP):
- It is a US -lead global group which currently has 10 partners — Australia, Canada, Finland, France, Germany, Japan, the Republic of Korea (South Korea), Sweden, the United Kingdom and the European Commission.
- It aims to attract investment from governments and private sector for strategic opportunities, across the full value chain that will be as per the highest environmental, social, and governance standards.
- The alliance is seen as primarily focused on evolving an alternative to China, which has created processing infrastructure in rare earth minerals and has acquired mines in Africa for elements such as Cobalt.
- Currently, India is not part of the MSP
8. Which of the
following is/are the initiative of India to counter climate change at global
level
1. Lifestyle for
Environment (LiFE)
2. Coalition for
Disaster Resilient Infrastructure (CDRI)
3. International
Solar Alliance (ISA)
Select the correct
answer using the code given below:
a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) 1, 2 and 3
Answer: (D)
Explanation:
- Option 1 is
correct: LiFE is a incitive
of India at a global level with a vision of harnessing the power of individual
and collective action across the world to address the climate crisis. The
objective of the movement is to nudge individuals and communities to adopt
simple and specific climate-friendly behaviours in their daily lifestyles.
- Option 2 is correct: Coalition for Disaster Resilient Infrastructure (CDRI) .It is Indian government initiative at global level to counter climate change and disaster resilience issues. It was launched in 2019, at the United Nations Climate Action Summit in New York.
- Option 3 is
correct: The International
Solar Alliance (ISA) is an initiative proposed by our Prime Minister Narendra
Modi and was launched by him at the UN Climate Change Conference in Paris along
with the President of France.
9. ‘Tapping the
phone calls’ without following the procedure established by law, results into
violation of which of fundamental rights of citizen
a) Article 19
b) Article 20
c) Article 21
d) Article 14
Answer: (C)
Explanation: Tapping the phone calls without following the ‘procedure established by law’ results into violation of article 21 of the Indian constitution.
10. Consider the
following pairs:
Wetland
recognized under Ramsar convention Location
1. Nanda Lake Tamil
Nadu
2. Vembannur Wetland
Complex Kerala
3. Sirpur
wetland Madhya
Pradesh
Which of the pairs
given above is/are correctly matched?
a) 3 only
b) 2 and 3 only
c) 1 and 2 only
d) 1, 2 and 3
Answer: (A)
Explanation:
- Union Environment Ministry has added 10 more wetlands, taking the total Ramsar sites to 64. The new Ramsar sites include six from Tamil Nadu and one each from Goa, Karnataka, Madhya Pradesh and Odisha.
- Included 10 Ramsar sites
