30-Jul-24: UPSC Current Affairs Daily Quiz

Consider the following statements about the Reserve Bank of India's (RBI) ‘Report on Currency and Finance’

1. It is published annually by the RBI.
2. It provides an in-depth analysis of macroeconomic developments.
3. The report focuses solely on domestic economic issues.
4. It includes recommendations for future monetary policy.

Which of the above statements are correct?

Consider the following practices according to the Securities and Exchange Board of India (SEBI) regulations

1. A company director trading shares based on unpublished price-sensitive information
2. An employee selling company stocks after learning about an upcoming product failure
3. A retail investor buying shares based on publicly available quarterly results
4. A relative of a company executive trading shares based on confidential information shared by the executive

How many of the following actions is not considered insider trading?

Which of the following statements is correct regarding tax exemptions for funding political parties in India?

Consider the following statements about Lok Adalats in India

1. Lok Adalats are statutory bodies established under the Legal Services Authorities Act, 1987.
2. They can only hear civil cases and not criminal matters.
3. Decisions made by Lok Adalats are legally binding and cannot be appealed in any court

How many of the above statements are correct?

The world’s famous ‘Angel Fall’ is located in which one of the following countries?

With reference to mining,  consider the following statements

1. Entry 50 of the State List under the seventh Schedule of the Constitution gives States the exclusive authority to make laws regarding taxes on mineral rights.
2. Entry 54 of the Union List gives the Centre the power to regulate mines and mineral development.
3. States have the power to tax the land where mines and quarries are located by virtue of Article 246.

How many of the above statements is/are correct?

Consider the following statements

1. CRISPR occurs naturally in some bacteria, as a part of their immune system that limits infections by recognising and destroying viral DNA.
2. CRISPR-Cas9 system can also recognise and cut parts of the genome other than the intended portion.

Which of the above statements is/are incorrect?

Which of the following statements accurately describes ‘quantum entanglement’?

What is the primary role of a protospacer adjacent motif (PAM) in CRISPR-Cas systems?

With reference to The Defence Acquisition Council (DAC), consider the following statements

1. It is chaired by the Prime Minister of India.
2. It negotiates international defence treaties and agreements.

Which of the above statements is/are correct?