QUIZ – 2017: Insights Current Affairs Quiz, 01 March 2018
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.
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0 of 5 questions completed Questions: 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. To view Solutions, follow these instructions: Click on – ‘Start Quiz’ button Solve Questions Click on ‘Quiz Summary’ button Click on ‘Finish Quiz’ button Now click on ‘View Questions’ button – here you will see solutions and links.INSIGHTS CURRENT EVENTS QUIZ 2017
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Question 1 of 5
1. Question
1 pointsThe recently developed ‘Carbon-dioxide Brayton cycle test loop facility’ will
Correct
- Solution: a.
Indian scientists have developed a super critical carbon dioxide Brayton test loop facility that would help generate clean energy from future power plants including solar thermal. This next generation technology loop was developed indigenously by Indian Institute of Science, Bangalore.
This is India’s first test-bed for next-generation, efficient, compact, waterless super critical carbon dioxide Brayton cycle test loop for power generation.
The new generation high efficiency power plants with closed cycle CO2 as the working fluid have the potential to replace steam based nuclear and thermal power plants, thus reducing the carbon foot print significantly.
http://pib.nic.in/newsite/PrintRelease.aspx?relid=176729;
Source: Ministry of Science and Technology Advertisement, 28th February edition of the Hindu;
Incorrect
- Solution: a.
Indian scientists have developed a super critical carbon dioxide Brayton test loop facility that would help generate clean energy from future power plants including solar thermal. This next generation technology loop was developed indigenously by Indian Institute of Science, Bangalore.
This is India’s first test-bed for next-generation, efficient, compact, waterless super critical carbon dioxide Brayton cycle test loop for power generation.
The new generation high efficiency power plants with closed cycle CO2 as the working fluid have the potential to replace steam based nuclear and thermal power plants, thus reducing the carbon foot print significantly.
http://pib.nic.in/newsite/PrintRelease.aspx?relid=176729;
Source: Ministry of Science and Technology Advertisement, 28th February edition of the Hindu;
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Question 2 of 5
2. Question
1 pointsIndia is NOT a participant in which one of the following international scientific endeavours?
-
Question 3 of 5
3. Question
1 points‘PRATYUSH’ and ‘MIHIR’ seen recently in the news are
Correct
Solution: a.
http://pib.nic.in/newsite/PrintRelease.aspx?relid=176000;
Source: Ministry of Science and Technology Advertisement, 28th February edition of the Hindu;Incorrect
Solution: a.
http://pib.nic.in/newsite/PrintRelease.aspx?relid=176000;
Source: Ministry of Science and Technology Advertisement, 28th February edition of the Hindu; -
Question 4 of 5
4. Question
1 pointsIn which among the following mountain ranges was the ‘Alpine Ejder 3200 Cup’ recently held?
Correct
Solution: a.
HT: Twenty-one-year-old Aanchal Thakur scripted history by becoming the first Indian to win a medal at an international skiing event after bagging bronze at the Alpine Ejder 3200 Cup, organized by the International Ski Federation (FIS). Aanchal won in the slalom race at the Palandoken Ski Centre in Turkey. This ski centre is located in the Pontic Alps (mountain range in Turkey’s north).
TH: Aanchal Thakur, the first Indian to win an international medal in skiing;
Incorrect
Solution: a.
HT: Twenty-one-year-old Aanchal Thakur scripted history by becoming the first Indian to win a medal at an international skiing event after bagging bronze at the Alpine Ejder 3200 Cup, organized by the International Ski Federation (FIS). Aanchal won in the slalom race at the Palandoken Ski Centre in Turkey. This ski centre is located in the Pontic Alps (mountain range in Turkey’s north).
TH: Aanchal Thakur, the first Indian to win an international medal in skiing;
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Question 5 of 5
5. Question
1 pointsConsider the following statements about AT1 or Additional Tier-1 bonds:
1.An AT1 bond owner receives an interest payment as long as the bond is held, viz. these bonds have no maturity date
2.These are considered to be high-risk, high-yield investments
3.Banks in India have issued such bonds to enable them to comply with Basel III norms
Which of the statements given above is/are correct?
Correct
Solution: c.
In an attempt to comply with Basel III norms to have higher tier I capital by financial year (FY) 2019, many public sector banks have raised capital through perpetual bonds, better known as AT1 bonds or additional tier 1 bonds.
These bonds have no maturity date. Technically they can continue to pay the coupon forever. The issuing bank has the option to call back the bonds or repay the principal after a specified period of time. The attraction for investors is higher yield than secured bonds issued by the same entity. But this comes with a two-fold risk: First, the issuing bank has the discretion to skip coupon payment. Second, the bonds can get written down in certain circumstances. In some cases there could be a clause to convert into equity as well. Given these characteristics, AT1 bonds are also referred to as quasi-equity.
Improvisation: TH: ‘Bonds recall: PSBs may fail requirement’;
Incorrect
Solution: c.
In an attempt to comply with Basel III norms to have higher tier I capital by financial year (FY) 2019, many public sector banks have raised capital through perpetual bonds, better known as AT1 bonds or additional tier 1 bonds.
These bonds have no maturity date. Technically they can continue to pay the coupon forever. The issuing bank has the option to call back the bonds or repay the principal after a specified period of time. The attraction for investors is higher yield than secured bonds issued by the same entity. But this comes with a two-fold risk: First, the issuing bank has the discretion to skip coupon payment. Second, the bonds can get written down in certain circumstances. In some cases there could be a clause to convert into equity as well. Given these characteristics, AT1 bonds are also referred to as quasi-equity.
Improvisation: TH: ‘Bonds recall: PSBs may fail requirement’;
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