Daily Current Affairs Quiz: September 9, 2023

Q1. Consider the following statements with reference to 6G.
1. It is anticipated to have substantially high latency when compared to 5G.
2. It is anticipated to be more energy- efficient than its forerunners.
3. It is anticipated to be commercially accessible by 2030.

How many of the statements given above is/are correct?
A. Only one
B. Only two
C. All three
D. None

Show solution

Solution: option B.)

Ans. 1 Option B is correct Explanation

• Speed and latency: 6G is anticipated to provide 5G users with higher speeds and lower latency. While 6G is anticipated to
reach rates of up to 1 Tbps, 5G can only deliver speeds of up to 20 Gbps. Additionally, 6G is anticipated to have substantially lower latency, which will result in almost instantaneous data transfer. Hence, statement 1 is incorrect.
• New technologies: The 6G network is anticipated to deliver innovations like holographic communication improved
artificial intelligence, and expanded reality (XR). Higher speeds and lower latency will be necessary for these technologies to operate properly. Real-time data transfer and smooth device communication would be made possible by this.
• Energy efficiency: 6G is anticipated to be more energy-efficient than its forerunners, which will aid in lowering the technology’s carbon footprint. Hence, statement 2 is correct.
• Timeline: While 6G is anticipated to be commercially accessible by 2030, 5G is still being deployed globally. Hence, statement 3 is correct

Q2. Consider the following statements about the Paris Climate Accord:

1. It is a legally binding international treaty on climate change.
2. It was adopted by 196 countries at the Conference of the Parties COP 21 in Paris in December 2015.
3. The main objective was to limit global warming to well below 2° Celsius, and preferably limit it to 1.5° Celsius, compared to pre-industrial levels.

How many of the statements given above Is/are correct?
A. Only one
B. Only two
C. All three
D. None

Show solution

Solution: option C.)

Ans. 2 Option C is the correct Explanation
• The Paris Climate Accord is a legally binding international treaty on climate change. Hence, statement 1 is correct.
• Adoption: It was adopted by 196 countries at the Conference of the Parties COP 21 in Paris in December 2015. Hence, statement 2 is correct.
• Goal: To limit global warming to well below 2° Celsius, and preferably limit it to 1.5° Celsius, compared to pre-industrial levels. Hence, statement 3 is correct.
• Objective: To achieve the long-term temperature goal, countries aim to reach a global peaking of greenhouse gas emissions as soon as possible to achieve a climate-neutral world by mid-century.

Q3. Consider the following statements about the National Investment and Infrastructure Fund (NIIF) :

1. It was set up as a sovereign wealth fund and is registered with the Securities and Exchange Board of India.
2. Its main objective is to raise funds through suitable instruments which also include off-shore credit-enhanced
bonds.

Which of the statements given above is/are correct?
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2

Show solution

Solution: option C.)

Ans. 3 Option C is the correct Explanation
• National Investment and Infrastructure Fund (NIIF) was set up as a sovereign wealth fund and is registered with the Securities and Exchange Board of India (SEBI) Hence, statement 1 is correct.
• Objective: To raise funds through suitable instruments which also included off-shore credit-enhanced bonds. Hence, statement 2 is correct.
• To attract anchor investors for their participation as partners in NIIF.
• Servicing the investors of the fund.
• To consider and approve the candidate companies, institutions, and projects for
investments.
• To invest in the corpus created by the Asset Management Companies (AMCs) to invest in private equity.
• To provide advisory services and prepare a shelf of infrastructure projects.

Q4. Consider the following statements about
Bharat: The Mother of Democracy’
Portal:
1. The portal showcases the content on the history of democracy in India starting from the Sindhu-Saraswati civilization to 2019.
2. It is curated by the Indira Gandhi National Centre for the Arts (IGNCA).

Which of the statements given above Is/are incorrect?
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2

Show solution

Solution: option D.)

Ans. 4 Option D is the correct Explanation
• Bharat: The Mother of Democracy’ The portal showcases the content on the history of democracy in India.
• It showcases 7,000 years of democratic ethos starting from the Sindhu-Saraswati civilization to 2019. Hence, statement 1 is correct
• It is available in 16 languages, including German, French, Spanish, Arabic, Portuguese, Italian, Turkish, and Russian besides English and Hindi.
• The portal is divided into five sections and 22 Sub-sections starting from:
• Sindhu-Saraswati Civilisation (6000-2000 BCE)
• Mahajanapada and Gantantra (7-8 BCE)
• Vijaynagar Empire (14-16 century)
• Mughal emperor Akbar reign (1556-1605)
• Constitution of India (1947)
• Elections in Modern India (1952 onwards).
• The website– www.motherofdemocracyg20.com– is curated by the Indira Gandhi National Centre for the Arts (IGNCA). Hence, statement 2 is correct.

Q5. Consider the following statements with reference to exercises Varuna:

1. The Indian and French Navies have been conducting bilateral maritime exercises in Varuna since 1993.
2. The joint exercises are held either in the Indian Ocean or the Mediterranean Sea with the aim of improving Indo-French coordination on capabilities.

Which of the statements given above Is/is correct?
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2

Show solution

Solution: option C.)

Ans. 5 Option C is the correct Explanation
• The Indian and French Navies have been conducting bilateral maritime exercises since 1993. Since 2001, these exercises have been called ‘VARUNA’. Hence, statement 1 is correct
• These interactions further underscore the shared values as partner navies, in ensuring freedom of seas and commitment to an open, inclusive Indo-Pacific and a rules-based international order.
• The joint exercises are held either in the Indian Ocean or Mediterranean Sea with the aim of improving Indo-French coordination on capabilities like cross-deck operations, replenishment-at-sea, minesweeping, anti-submarine warfare, and information sharing. Hence, statement 2 is correct.

Q6. Consider the following statements regarding blockchain technology

1. Blockchain is a centralized ledger system used primarily by governments.
2. Transactions on a blockchain are irreversible and cannot be altered once recorded.
3. It can only be used for financial transactions and has limited applicability in other industries.

How many of the statements given above is/are correct?
A. Only one
B. Only two
C. All three
D. None

Show solution

Solution: option A.)

Ans. 6 Option A is the correct Explanation
• Blockchain technology is a decentralized ledger system that is shared among the nodes of a computer network. Hence, statement 1 is incorrect.
• As a database, a blockchain stores information electronically in a digital format.
• It is used in various industries, including finance, healthcare, and supply chain management. Hence, statement 3 is
incorrect.
• The transactions recorded on a blockchain are typically irreversible, enhancing security and immutability. Hence, statement 2 is correct.

Q7. Which of the following statements describes the term “incremental CRR” most aptly?

A. The regular quarterly adjustments made by banks to maintain their reserve requirements.
B. An additional reserve requirement imposed by the Reserve Bank of India (RBI) for a specific period.
C. The interest rate at which banks borrow money from the RBI.
D. The percentage of a bank’s total deposits held in government securities.

Show solution

Solution: Option B.)

Ans. 7 Option B is correct Explanation
• Incremental Cash Reserve Ratio (I-CRR) is a monetary policy tool used by central banks, including the Reserve Bank of India (RBI).
• It is an additional cash balance that the banks maintain over and above the CRR to absorb excess liquidity from the banking system. Hence, Option B is correct

Q8. Consider the following statements regarding Chickenpox

1. It is caused by a bacteria called Varicella Zoster.
2. It can spread through fluids from an infected person.
3. It can be easily prevented by vaccinating newborn kids with a vaccine.

How many of the statements given above is/are correct?
A. Only one
B. Only two
C. All three
D. None

Show solution

Solution: Option B.)

Ans. 8 Option B is correct Explanation

• Chicken Pox, also known as varicella, is a communicable, infectious, viral disease characterised by itchy red blisters that
appear all over the body. Hence, statement 1 is incorrect.
• It was introduced in the mid-1990s and more often affects children.
• It can cause an itchy, blister-like rash, among other symptoms.
• The rash first appears on the chest, back, and face and then spreads over the entire body.
• Transmission: Through contact with infected individuals, Through contact with infected fluids, and Airborne transmission from sneezing or coughing. Hence, statement 2 is
correct.

Q9. Consider the following statements regarding Self-Regulatory Organisation (SRO)

1. An SRO is a non-governmental organization that sets and enforces rules and standards relating to the conduct of entities in the industry.
2. It will act as a watchdog and encourage members to adopt responsible and ethical practices.
3. SROs are widely considered experts in their fields and so have in-depth knowledge of the markets they
operate in.
4. Those entities who are interested in being recognized as SROs will have to apply to the Ministry of Finance.

How many of the statements given above Is/are not correct?
A. Only one
B. Only two
C. Only three
D. All four

Show solution

Solution: option A.)

Ans. 9 Option A is correct Explanation
• Self-Regulatory Organisation (SRO) is a non-governmental organization that sets and enforces rules and standards relating to the conduct of entities in the industry. Hence, statement 1 is correct.
• It aims to protect the customer and promote ethics, equality, and professionalism.
• It can act as a watchdog and encourage members to adopt responsible and ethical practices. Hence, statement 2 is correct.
• SROs can help build trust among consumers, investors, and regulators by proactively addressing issues.
• SROs are widely considered experts in their fields and so have in-depth knowledge of the markets they operate in. Hence, statement 3 is correct.
• It will serve as a two-way communication channel between its members and the RBI.
• It will establish a uniform grievance redressal and dispute management framework across its members.
• Those entities who are interested in being recognized as SROs will have to apply to the RBI. Hence, statement 4 is incorrect.
• Once the regulator finds an entity suitable, it will issue a letter of recognition.

Q10. Which of the following statements Describe the term “Zero FIR”?

A. An FIR filed without any evidence or information.
B. An FIR filed by a police officer against a person with a clean criminal record.
C. An FIR filed exclusively for cases involving financial fraud.
D. An FIR filed at any police station, regardless of jurisdiction, for a cognizable offense.

Show solution

Solution: option D.)

Ans. 10 Option D is correct Explanation
• Zero FIR is an FIR that can be registered by any police station, irrespective of jurisdiction, when it receives a complaint regarding a cognizable offense. Hence, Option D is correct
• It is transferred to the relevant police station where the offense has taken place or where the investigation has to be conducted.
• Zero FIR was introduced after the recommendation of the Justice Verma Committee, which was set up after the 2012
Nirbhaya gangrape case.
• It is meant to help victims of serious crimes, especially women and children, to lodge a complaint quickly and conveniently, without having to go from one police station to another.

Careerbywell Team