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Current Affairs for IAS Prelims Exam 2018: 23 June 2017

Jun 23, 2017 15:31 IST
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Current Affairs Quiz 23 June 2017Current affairs and issues with the latest economic and social structure of the nation form the core part of the IAS exam. In the IAS prelims exam, practising MCQ questions based on current affairs should be given priority.

Current Affairs for IAS Prelims Exam 2018: 22 June 2017

We will continue to provide the current affairs questions for IAS Prelims 2018 to help you gain a better insight of how questions can be asked in the examination.

1. Consider the following statements regarding the recently held BIO International Convention:

1) The BIO International Convention is hosted by the World Trade Organisation.

2) The first BIO International Convention was held in 1993.

3) BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products.

Which of the above statements is true?

a. 1 and 2
b. 3 and 2
c. 1 and 3
d. 1, 2 and 3

Answer: b

Explanation:

The BIO International Convention is hosted by the Biotechnology Innovation Organization (BIO). The BIO International Convention is the largest global event for the biotechnology industry and attracts the biggest names in biotech, offers key networking and partnering opportunities, and provides insights and inspiration on the major trends affecting the industry.

Some Features of the BIO Convention:

• The event features keynotes and sessions from key policymakers, scientists, CEOs, and celebrities.

• The Convention also features the BIO Business Forum (One-on-One Partnering) and the world's largest biotechnology exhibition - the BIO Exhibition.

• The first BIO International Convention was held in 1993.

• BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products.

• The BIO International Convention helps BIO fulfil its mission to help grow the global biotech industry.

• Profits from the BIO International Convention are returned to the biotechnology industry by supporting BIO programs and initiatives.

UPSC Civil Service (IAS) Exam 2018

2. Which statement best describes the objective of the IXPE mission of NASA?

a. To circumvent the Mars Orbit and explore Methane in Mars Atmosphere.

b. To study the internal structure of the asteroids belt.

c. To initiate advance studies of the solar waves.

d. To provide important clues about the origins of cosmic X-rays, their interactions with matter and gravity.

Answer: d

Explanation:

NASA has signed an agreement with Italian Space Agency for the launch of a probe that will provide important clues about the origins of cosmic X-rays, their interactions with matter and gravity as they travel through space.

The Imaging X-ray Polarimetry Explorer (IXPE) mission will help explore some of the most turbulent and extreme environments in our universe that are from the hottest, messiest star factories to violent jets screaming away from monster black holes.

3. Recently, the Securities and Exchange Board of India (SEBI) relaxed norms for investors acquiring assets in companies with stressed assets. What are stressed assets?

1) External commercial borrowing

2) Non-Performing Assets

3) Restructured loans

4) Written off assets

Which of the above comprises of stressed assets?

a. 1, 2 and 3
b. 1, 3 and 4
c. 2, 3 and 4
d. 1, 2, 3 and 4

Answer: c

Explanation:

The Securities and Exchange Board of India (SEBI) recently relaxed norms for investors acquiring assets in companies with stressed assets and facing bankruptcy proceedings.
The board of the capital markets regulator has decided to exempt the acquirers from making open offers after buying stakes from lenders while including checks such as a three-year lock-in for new investors and mandating that such relaxation would have to be approved by a special resolution.

This would come as a big relief to both lenders and acquirers concerned about a possible open offer since sizeable stakes could change hands.

Now stressed assets are getting increased attention as the trend of deteriorating asset quality has emerged as a big economic risk for the Indian banking sector. Stressed assets are a powerful indicator of the health of the banking system. Stressed assets comprise of NPAs, restructured loans and written off assets.

UPSC IAS Prelims Exam 2017 Expected Cut off

4. Recently, India's PSLV-C38 has successfully launched 31 Satellites in a single flight. Consider the following statements regarding this launch:

1) ISRO’s Polar Satellite Launch Vehicle PSLV-C38 successfully launched the 712 kg Cartosat-2 Series Satellite along with 30 co-passenger satellites.

2) The launched satellites will begin to provide various remote sensing services using its panchromatic (black and white) and multispectral (colour) cameras.

3) The total number of customer satellites from abroad placed in orbit by India’s workhorse launch vehicle PSLV has reached 209.

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

a. Only 1
b. 1 and 2
c. 2 and 3
d.1, 2 and 3

Answer: d

Explanation:

ISRO’s Polar Satellite Launch Vehicle PSLV-C38 successfully launched the 712 kg Cartosat-2 Series Satellite along with 30 co-passenger satellites. This is the thirty-ninth consecutively successful mission of PSLV.

PSLV-C38 lifted off from the First Launch Pad. After a flight of about 16 minutes, the satellites achieved a polar Sun Synchronous Orbit and all the 31 satellites successfully separated from the PSLV in a predetermined sequence beginning with Cartosat-2 series satellite, followed by NIUSAT and 29 customer satellites. The total number of Indian satellites launched by PSLV now stands at 48.

In the coming days, the satellite will be brought to its final operational configuration following which it will begin to provide various remote sensing services using its panchromatic (black and white) and multispectral (colour) cameras.

5.As per the data released by the Ministry of Tourism which of the following Indian states attracted the most number of Foreign Tourist Visitors (FTVs) during the year 2016?

a. Uttar Pradesh
b. Bihar
c. Tamil Nadu
d. Maharashtra

Answer: c

Explanation:

During 2016, the number of domestic tourist visits to the States/ UTs was 1613.55 million as compared to 1431.97 million in 2015 registering a growth of 12.68 % over 2015.

During 2016, the number of foreign tourist visits (FTVs) to the States/ UTs was 24.71 million as compared to 23.33 million in 2015 registering a growth of 5.92% over 2015.

The top ten States in terms of number of FTVs (in millions) during 2016 were Tamil Nadu (4.72), Maharashtra (4.67), Uttar Pradesh (3.16), Delhi (2.52), West Bengal (1.53), Rajasthan(1.51), Kerala(1.04), Bihar(1.01), Goa (0.68) and Punjab (0.66).

Current Affairs Quizzes 2017 for IAS Prelims 2018

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