QUIZ – 2017: Insights Current Affairs Quiz, 25 March 2019

insightsonindia.com/2019/03/25/quiz-2017-insights-current-affairs-quiz-25-march-2019/

March 25, 2019

QUIZ – 2017: Insights Current Affairs Quiz, 25 March 2019

QUIZ – 2017: Insights Current Affairs Quiz

The following quiz will have 5-10 MCQs. The questions are mainly framed from The Hindu
and PIB news articles.

This quiz is intended to introduce you to concepts and certain important facts relevant to
UPSC IAS civil services preliminary exam 2018. It is not a test of your knowledge. If you
score less, please do not mind. Read again sources provided and try to remember better.

Please try to enjoy questions, discuss the concepts and facts they try to test from you
and suggest improvements.

Hope you enjoy this quiz. If you like it, then please share it. Thank you.

INSIGHTS CURRENT EVENTS QUIZ 2019

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The following Quiz is based on the Hindu, PIB and other news sources. It is a current
events based quiz. Solving these questions will help retain both concepts and facts
relevant to UPSC IAS civil services exam.

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1.
Question 1 of 5
1. Question
1 points
Consider the following statements about Aadi Mahotsav.

1. It is a National Tribal Festival organized by the Ministry of Tribal Affairs and

TRIFED.
2. The Mahotsav comprises of display and sale of items of tribal art and craft
and display of tribal folk performance.
Which of the above statements is/are correct?

Correct
Solution: c)

“Aadi Mahotsav” a National Tribal Festival to celebrate, cherish and promote the
spirit of tribal craft, culture, cuisine and commerce. The Mahotsav has been
organized by the Ministry of Tribal Affairs and TRIFED.

The Mahotsav comprises of display and sale of items of tribal art and craft, tribal
medicine & healers, tribal cuisine and display of tribal folk performance.

Source

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 Incorrect
Solution: c)

“Aadi Mahotsav” a National Tribal Festival to celebrate, cherish and promote the
spirit of tribal craft, culture, cuisine and commerce. The Mahotsav has been
organized by the Ministry of Tribal Affairs and TRIFED.

The Mahotsav comprises of display and sale of items of tribal art and craft, tribal
medicine & healers, tribal cuisine and display of tribal folk performance.

Source

2.
Question 2 of 5
2. Question
1 points
The World Happiness Report, a landmark survey of the state of global happiness, is
released by

Correct
Solution: d)

The World Happiness Report is a landmark survey of the state of global happiness
that ranks 156 countries by how happy their citizens perceive themselves to be.

It is released by the Sustainable Development Solutions Network for the

United Nations by the UN General Assembly.
Source

Incorrect
Solution: d)

The World Happiness Report is a landmark survey of the state of global happiness
that ranks 156 countries by how happy their citizens perceive themselves to be.

It is released by the Sustainable Development Solutions Network for the

United Nations by the UN General Assembly.
Source

3.
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Question 3 of 5
3. Question
1 points
Consider the following statements about Real Estate investment Trusts (REITs).

1. REITs are mutual fund like institutions that enable investments mainly in
completed and revenue generating real estate assets.
2. REITS are regulated by the securities market regulator in India.
3. A REIT can be launched as an initial public offer (IPO).
Which of the above statements is/are correct?

Correct
Solution: d)

REITs are similar to mutual funds. While mutual funds provide for an opportunity
to invest in equity stocks, REITs allow one to invest in income-generating real estate
assets.

They are collective investment vehicles that operate and manage property
portfolios and give returns to investors. Securities and Exchange Board of India
(Sebi) mandated that all REITS be listed on exchanges and make an initial public
offer to raise money.

REITs can reduce the risk related to your property investments as 80 per cent of the
value of the REIT should be in completed and rent-generating assets. They are
required to be run by professional managements with specified years of experience
notified by SEBI.

A REIT can be launched as an initial public offer (IPO). An investor can apply for
investment in the REIT through his demat account, either online or by filling up the
IPO form and indicating demat account details. After the issue is closed, the REIT
will allot units to eligible investors.

Source Source

Incorrect
Solution: d)

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 REITs are similar to mutual funds. While mutual funds provide for an opportunity
to invest in equity stocks, REITs allow one to invest in income-generating real estate
assets.

They are collective investment vehicles that operate and manage property
portfolios and give returns to investors. Securities and Exchange Board of India
(Sebi) mandated that all REITS be listed on exchanges and make an initial public
offer to raise money.

REITs can reduce the risk related to your property investments as 80 per cent of the
value of the REIT should be in completed and rent-generating assets. They are
required to be run by professional managements with specified years of experience
notified by SEBI.

A REIT can be launched as an initial public offer (IPO). An investor can apply for
investment in the REIT through his demat account, either online or by filling up the
IPO form and indicating demat account details. After the issue is closed, the REIT
will allot units to eligible investors.

Source Source

4.
Question 4 of 5
4. Question
1 points
Consider the following statements about Polar vortex.

1. The polar vortex is a large area of high pressure and cold air surrounding the
Earth’s North and South poles.
2. The polar vortex spins in the stratosphere.
3. During winter in the Northern Hemisphere, the polar vortex will become less
stable, sending cold Arctic air southward over the United States.
Which of the above statements is/are correct?

Correct
Solution: b)

The polar vortex is a large area of low pressure and cold air surrounding the Earth’s
North and South poles. The term vortex refers to the counter-clockwise flow of air
that helps keep the colder air close to the poles.

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 The polar vortex spins in the stratosphere, a layer of the atmosphere 10-48 km
above the ground and above the troposphere, where most familiar weather
patterns develop.

Often during winter in the Northern Hemisphere, the polar vortex will become less
stable and expand, sending cold Arctic air southward over the United States.

Source

Incorrect
Solution: b)

The polar vortex is a large area of low pressure and cold air surrounding the Earth’s
North and South poles. The term vortex refers to the counter-clockwise flow of air
that helps keep the colder air close to the poles.

The polar vortex spins in the stratosphere, a layer of the atmosphere 10-48 km
above the ground and above the troposphere, where most familiar weather
patterns develop.

Often during winter in the Northern Hemisphere, the polar vortex will become less
stable and expand, sending cold Arctic air southward over the United States.

Source

5.
Question 5 of 5
5. Question
1 points
Consider the following statements about International Whaling Commission (IWC)

1. It is an organ of United Nations

2. It provides for proper conservation of whale stocks and orderly development
of the whaling industry.
3. India is not a member of IWC.
Which of the above statements is/are incorrect?

Correct
Solution: c)

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It is an international body set up under International Convention for the Regulation of
Whaling (ICRW). ICRW governs the commercial, scientific, and aboriginal subsistence
whaling practices of its member nations. India is a member of IWC.

Objectives:

To provide for the proper conservation of whale stocks.

For orderly development of the whaling industry.

Japan has announced its decision to withdraw from the International Whaling
Commission (IWC). The withdrawal would enable Japan to resume commercial
whaling activities.

Source

Incorrect
Solution: c)

It is an international body set up under International Convention for the Regulation of

Whaling (ICRW). ICRW governs the commercial, scientific, and aboriginal subsistence
whaling practices of its member nations. India is a member of IWC.

Objectives:

To provide for the proper conservation of whale stocks.

For orderly development of the whaling industry.

Japan has announced its decision to withdraw from the International Whaling
Commission (IWC). The withdrawal would enable Japan to resume commercial
whaling activities.

Source

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