UPSC Current Affairs Quiz : 3 August 2024

The Current Affairs Quiz 2024 is a daily quiz based on the DAILY CURRENT AFFAIRS AND PIB SUMMARY from the previous day, as posted on our website. It covers all relevant news sources and is designed to test your knowledge of current events. Solving these questions will help you retain both concepts and facts relevant to the UPSC IAS civil services exam.

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• Question 1 of 10 1. Question 1 points Chicago Convention, sometimes seen in news is related to a) Sustainable Development b) Sustainable use of natural resources c) Protection of World Heritage Cites d) Civil Aviation Correct Solution: d) About the Chicago Convention: Also known as the Convention on International Civil Aviation, it is an international treaty established in 1944. It set out the core principles for international air transport and created the International Civil Aviation Organization (ICAO)to oversee its implementation. The convention recognizes nine freedoms of air, with the first five being officially recognized by the ICAO. These freedoms grant countries the right to fly over, land in, and transport passengers and cargo between territories. India is its member Incorrect Solution: d) About the Chicago Convention: Also known as the Convention on International Civil Aviation, it is an international treaty established in 1944. It set out the core principles for international air transport and created the International Civil Aviation Organization (ICAO)to oversee its implementation. The convention recognizes nine freedoms of air, with the first five being officially recognized by the ICAO. These freedoms grant countries the right to fly over, land in, and transport passengers and cargo between territories. India is its member

#### 1. Question

Chicago Convention, sometimes seen in news is related to

• a) Sustainable Development

• b) Sustainable use of natural resources

• c) Protection of World Heritage Cites

• d) Civil Aviation

Solution: d)

About the Chicago Convention:

• Also known as the Convention on International Civil Aviation, it is an international treaty established in 1944. It set out the core principles for international air transport and created the International Civil Aviation Organization (ICAO)to oversee its implementation.

• The convention recognizes nine freedoms of air, with the first five being officially recognized by the ICAO. These freedoms grant countries the right to fly over, land in, and transport passengers and cargo between territories.

• India is its member

Solution: d)

About the Chicago Convention:

• Also known as the Convention on International Civil Aviation, it is an international treaty established in 1944. It set out the core principles for international air transport and created the International Civil Aviation Organization (ICAO)to oversee its implementation.

• The convention recognizes nine freedoms of air, with the first five being officially recognized by the ICAO. These freedoms grant countries the right to fly over, land in, and transport passengers and cargo between territories.

• India is its member

• Question 2 of 10 2. Question 1 points India’s first 500 MWe Prototype Fast Breeder Reactor (PFBR) is being constructed at which site? a) Kaiga b) Kakrapar c) Kalpakkam d) Tarapur Correct Solution: c) The Atomic Energy Regulatory Board (AERB) has approved the ‘First Approach to Criticality’ for India’s first 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam, Tamil Nadu. This approval involves loading fuel into the reactor core and initiating ‘Low Power Physics Experiments’. Incorrect Solution: c) The Atomic Energy Regulatory Board (AERB) has approved the ‘First Approach to Criticality’ for India’s first 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam, Tamil Nadu. This approval involves loading fuel into the reactor core and initiating ‘Low Power Physics Experiments’.

#### 2. Question

India’s first 500 MWe Prototype Fast Breeder Reactor (PFBR) is being constructed at which site?

• b) Kakrapar

• c) Kalpakkam

• d) Tarapur

Solution: c)

The Atomic Energy Regulatory Board (AERB) has approved the ‘First Approach to Criticality’ for India’s first 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam, Tamil Nadu.

This approval involves loading fuel into the reactor core and initiating ‘Low Power Physics Experiments’.

Solution: c)

The Atomic Energy Regulatory Board (AERB) has approved the ‘First Approach to Criticality’ for India’s first 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam, Tamil Nadu.

This approval involves loading fuel into the reactor core and initiating ‘Low Power Physics Experiments’.

• Question 3 of 10 3. Question 1 points Consider the following statements regarding Kashmir’s saffron crop. The saffron is considered as a spice. The good crop requires prolonged dry spells without any moisture in the atmosphere. The saffron is extracted from the stigma of the saffron flower. How many of the above statements is/are correct? a) Only one b) Only two c) All three d) None Correct Solution: b) Statement 2 is incorrect. Kashmir’s saffron crop, a highly prized spice, is severely affected by prolonged dry spells and climate change. The saffron spice, known as kong in Kashmiri, zaffran in Urdu, and kesar in Hindi, is extracted from the stigma of the saffron flower (Crocus sativus L). Incorrect Solution: b) Statement 2 is incorrect. Kashmir’s saffron crop, a highly prized spice, is severely affected by prolonged dry spells and climate change. The saffron spice, known as kong in Kashmiri, zaffran in Urdu, and kesar in Hindi, is extracted from the stigma of the saffron flower (Crocus sativus L).

#### 3. Question

Consider the following statements regarding Kashmir’s saffron crop.

• The saffron is considered as a spice.

• The good crop requires prolonged dry spells without any moisture in the atmosphere.

• The saffron is extracted from the stigma of the saffron flower.

How many of the above statements is/are correct?

• a) Only one

• b) Only two

• c) All three

Solution: b)

Statement 2 is incorrect.

Kashmir’s saffron crop, a highly prized spice, is severely affected by prolonged dry spells and climate change.

The saffron spice, known as kong in Kashmiri, zaffran in Urdu, and kesar in Hindi, is extracted from the stigma of the saffron flower (Crocus sativus L).

Solution: b)

Statement 2 is incorrect.

Kashmir’s saffron crop, a highly prized spice, is severely affected by prolonged dry spells and climate change.

The saffron spice, known as kong in Kashmiri, zaffran in Urdu, and kesar in Hindi, is extracted from the stigma of the saffron flower (Crocus sativus L).

• Question 4 of 10 4. Question 1 points Consider the following statements regarding Pangong Tso Lake. Pangong Tso Lake is an endorheic lake in the Himalayas. It is part of the Indus River basin area. It is under the Ramsar Convention as a wetland of international importance. Which of the above statements is/are correct? a) 1, 2 b) 1 only c) 2, 3 d) 1, 3 Correct Solution: b) Pangong Tso Lake is an endorheic lake spanning eastern Ladakh and West Tibet situated at an elevation of 4,225 m (13,862 ft). It is 134 km (83 mi) long and divided into five sublakes, called Pangong Tso, Tso Nyak, Rum Tso (twin lakes) and Nyak Tso. During winter the lake freezes completely, despite being saline water. It has a land-locked basin separated from the Indus River basin by a small elevated ridge, but is believed to have been part of the latter in prehistoric times. The lake is not under the Ramsar Convention as a wetland of international importance. Incorrect Solution: b) Pangong Tso Lake is an endorheic lake spanning eastern Ladakh and West Tibet situated at an elevation of 4,225 m (13,862 ft). It is 134 km (83 mi) long and divided into five sublakes, called Pangong Tso, Tso Nyak, Rum Tso (twin lakes) and Nyak Tso. During winter the lake freezes completely, despite being saline water. It has a land-locked basin separated from the Indus River basin by a small elevated ridge, but is believed to have been part of the latter in prehistoric times. The lake is not under the Ramsar Convention as a wetland of international importance.

#### 4. Question

Consider the following statements regarding Pangong Tso Lake.

• Pangong Tso Lake is an endorheic lake in the Himalayas.

• It is part of the Indus River basin area.

• It is under the Ramsar Convention as a wetland of international importance.

Which of the above statements is/are correct?

Solution: b)

Pangong Tso Lake is an endorheic lake spanning eastern Ladakh and West Tibet situated at an elevation of 4,225 m (13,862 ft). It is 134 km (83 mi) long and divided into five sublakes, called Pangong Tso, Tso Nyak, Rum Tso (twin lakes) and Nyak Tso.

During winter the lake freezes completely, despite being saline water. It has a land-locked basin separated from the Indus River basin by a small elevated ridge, but is believed to have been part of the latter in prehistoric times.

The lake is not under the Ramsar Convention as a wetland of international importance.

Solution: b)

Pangong Tso Lake is an endorheic lake spanning eastern Ladakh and West Tibet situated at an elevation of 4,225 m (13,862 ft). It is 134 km (83 mi) long and divided into five sublakes, called Pangong Tso, Tso Nyak, Rum Tso (twin lakes) and Nyak Tso.

During winter the lake freezes completely, despite being saline water. It has a land-locked basin separated from the Indus River basin by a small elevated ridge, but is believed to have been part of the latter in prehistoric times.

The lake is not under the Ramsar Convention as a wetland of international importance.

• Question 5 of 10 5. Question 1 points Arrange the following places from West to East. Kargil Leh Jammu Pangong Lake Select the correct answer code: a) 3-1-2-4 b) 3-1-4-2 c) 1-3-2-4 d) 1-3-4-2 Correct Solution: a) Incorrect Solution: a)

#### 5. Question

Arrange the following places from West to East.

• Pangong Lake

Select the correct answer code:

• a) 3-1-2-4

• b) 3-1-4-2

• c) 1-3-2-4

• d) 1-3-4-2

Solution: a)

Solution: a)

• Question 6 of 10 6. Question 1 points Consider the following statements regarding Atmospheric rivers. Atmospheric rivers are short and wider bands of water vapour in the atmosphere that transport moisture from one region to another. Atmospheric rivers are not concentrated to one region, but occur globally. An example is the “Pineapple Express,” an atmospheric river that brings moisture to the U.S. West Coast. How many of the above statements is/are correct? a) Only one b) Only two c) All three d) None Correct Solution: b) Statement 1 is incorrect. Heavy rains and floods have recently affected several parts of India, killing scores and displacing thousands. These floods are exacerbated by “flying rivers,” or atmospheric rivers. What are Atmospheric rivers? These are long, narrow bands of water vapour in the atmosphere that transport moisture from the tropics to other regions. These “rivers in the sky” can be thousands of kilometres long and hundreds of kilometres wide, carrying large amounts of water vapour. When they make landfall, they can release this moisture as heavy rain or snow, often leading to significant flooding and other weather-related impacts. Atmospheric rivers occur globally, affecting the west coasts of the world’s major landmasses. A well-known example is the “Pineapple Express,” a strong atmospheric river that is capable of bringing moisture from the tropics near Hawaii over to the U.S. West Coast. Incorrect Solution: b) Statement 1 is incorrect. Heavy rains and floods have recently affected several parts of India, killing scores and displacing thousands. These floods are exacerbated by “flying rivers,” or atmospheric rivers. What are Atmospheric rivers? These are long, narrow bands of water vapour in the atmosphere that transport moisture from the tropics to other regions. These “rivers in the sky” can be thousands of kilometres long and hundreds of kilometres wide, carrying large amounts of water vapour. When they make landfall, they can release this moisture as heavy rain or snow, often leading to significant flooding and other weather-related impacts. Atmospheric rivers occur globally, affecting the west coasts of the world’s major landmasses. A well-known example is the “Pineapple Express,” a strong atmospheric river that is capable of bringing moisture from the tropics near Hawaii over to the U.S. West Coast.

#### 6. Question

Consider the following statements regarding Atmospheric rivers.

• Atmospheric rivers are short and wider bands of water vapour in the atmosphere that transport moisture from one region to another.

• Atmospheric rivers are not concentrated to one region, but occur globally.

• An example is the “Pineapple Express,” an atmospheric river that brings moisture to the U.S. West Coast.

How many of the above statements is/are correct?

• a) Only one

• b) Only two

• c) All three

Solution: b)

Statement 1 is incorrect.

Heavy rains and floods have recently affected several parts of India, killing scores and displacing thousands. These floods are exacerbated by “flying rivers,” or atmospheric rivers.

What are Atmospheric rivers?

These are long, narrow bands of water vapour in the atmosphere that transport moisture from the tropics to other regions. These “rivers in the sky” can be thousands of kilometres long and hundreds of kilometres wide, carrying large amounts of water vapour. When they make landfall, they can release this moisture as heavy rain or snow, often leading to significant flooding and other weather-related impacts.

Atmospheric rivers occur globally, affecting the west coasts of the world’s major landmasses. A well-known example is the “Pineapple Express,” a strong atmospheric river that is capable of bringing moisture from the tropics near Hawaii over to the U.S. West Coast.

Solution: b)

Statement 1 is incorrect.

Heavy rains and floods have recently affected several parts of India, killing scores and displacing thousands. These floods are exacerbated by “flying rivers,” or atmospheric rivers.

What are Atmospheric rivers?

These are long, narrow bands of water vapour in the atmosphere that transport moisture from the tropics to other regions. These “rivers in the sky” can be thousands of kilometres long and hundreds of kilometres wide, carrying large amounts of water vapour. When they make landfall, they can release this moisture as heavy rain or snow, often leading to significant flooding and other weather-related impacts.

Atmospheric rivers occur globally, affecting the west coasts of the world’s major landmasses. A well-known example is the “Pineapple Express,” a strong atmospheric river that is capable of bringing moisture from the tropics near Hawaii over to the U.S. West Coast.

• Question 7 of 10 7. Question 1 points The Bharatiya Vayuyan Vidheyak is set to replace the British Era Aircraft Act 1934. Which of the following are the provisions under Bharatiya Vayuyan Vidheyak? The Central Government is empowered to make rules to implement international civil aviation conventions. Central Government can suspend, cancel, or restrict licenses or certifications with a hearing opportunity for affected parties. Cancellation of the second appeal provision, that was there between the initial appeal and final appeal. How many of the above statements is/are correct? a) Only one b) Only two c) All three d) None Correct Solution: b) Statement 3 is incorrect. The Bharatiya Vayuyan Vidheyak is set to replace the British Era Aircraft Act 1934. Important Provisions: Revised Aircraft Definition: Balloons and gliders were removed from the definition. Empowerment for Rule-Making: The Central Governmentis empowered to make rules to implement international civil aviation conventions. Examples include the Chicago Convention (1944) and the International Telecommunication Convention (1932). Enhanced Powers for Aviation Authorities: Increased powers for the Directorate General of Civil Aviation (DGCA). Enhanced authority for the Bureau of Civil Aviation Security (BCAS). Greater powers for the Aircraft Accident Investigation Bureau (AAIB). Emergency Powers: The Central Governmentis empowered to issue orders in emergencies for public safety, such as detaining aircraft. License and Certification Management: Central Government can suspend, cancel, or restrict licenses or certifications with a hearing opportunity for affected parties. Appeal Process: Introduction of a second appeal between the initial appeal and final appeal to the Secretary, MoCA. Incorrect Solution: b) Statement 3 is incorrect. The Bharatiya Vayuyan Vidheyak is set to replace the British Era Aircraft Act 1934. Important Provisions: Revised Aircraft Definition: Balloons and gliders were removed from the definition. Empowerment for Rule-Making: The Central Governmentis empowered to make rules to implement international civil aviation conventions. Examples include the Chicago Convention (1944) and the International Telecommunication Convention (1932). Enhanced Powers for Aviation Authorities: Increased powers for the Directorate General of Civil Aviation (DGCA). Enhanced authority for the Bureau of Civil Aviation Security (BCAS). Greater powers for the Aircraft Accident Investigation Bureau (AAIB). Emergency Powers: The Central Governmentis empowered to issue orders in emergencies for public safety, such as detaining aircraft. License and Certification Management: Central Government can suspend, cancel, or restrict licenses or certifications with a hearing opportunity for affected parties. Appeal Process: Introduction of a second appeal between the initial appeal and final appeal to the Secretary, MoCA.

#### 7. Question

The Bharatiya Vayuyan Vidheyak is set to replace the British Era Aircraft Act 1934. Which of the following are the provisions under Bharatiya Vayuyan Vidheyak?

• The Central Government is empowered to make rules to implement international civil aviation conventions.

• Central Government can suspend, cancel, or restrict licenses or certifications with a hearing opportunity for affected parties.

• Cancellation of the second appeal provision, that was there between the initial appeal and final appeal.

How many of the above statements is/are correct?

• a) Only one

• b) Only two

• c) All three

Solution: b)

Statement 3 is incorrect.

The Bharatiya Vayuyan Vidheyak is set to replace the British Era Aircraft Act 1934.

Important Provisions:

• Revised Aircraft Definition: Balloons and gliders were removed from the definition.

• Empowerment for Rule-Making: The Central Governmentis empowered to make rules to implement international civil aviation conventions. Examples include the Chicago Convention (1944) and the International Telecommunication Convention (1932).

• The Central Governmentis empowered to make rules to implement international civil aviation conventions.

• Examples include the Chicago Convention (1944) and the International Telecommunication Convention (1932).

• Enhanced Powers for Aviation Authorities: Increased powers for the Directorate General of Civil Aviation (DGCA). Enhanced authority for the Bureau of Civil Aviation Security (BCAS). Greater powers for the Aircraft Accident Investigation Bureau (AAIB).

• Increased powers for the Directorate General of Civil Aviation (DGCA).

• Enhanced authority for the Bureau of Civil Aviation Security (BCAS).

• Greater powers for the Aircraft Accident Investigation Bureau (AAIB).

• Emergency Powers: The Central Governmentis empowered to issue orders in emergencies for public safety, such as detaining aircraft.

• The Central Governmentis empowered to issue orders in emergencies for public safety, such as detaining aircraft.

• License and Certification Management: Central Government can suspend, cancel, or restrict licenses or certifications with a hearing opportunity for affected parties.

• Appeal Process: Introduction of a second appeal between the initial appeal and final appeal to the Secretary, MoCA.

Solution: b)

Statement 3 is incorrect.

The Bharatiya Vayuyan Vidheyak is set to replace the British Era Aircraft Act 1934.

Important Provisions:

• Revised Aircraft Definition: Balloons and gliders were removed from the definition.

• Empowerment for Rule-Making: The Central Governmentis empowered to make rules to implement international civil aviation conventions. Examples include the Chicago Convention (1944) and the International Telecommunication Convention (1932).

• The Central Governmentis empowered to make rules to implement international civil aviation conventions.

• Examples include the Chicago Convention (1944) and the International Telecommunication Convention (1932).

• Enhanced Powers for Aviation Authorities: Increased powers for the Directorate General of Civil Aviation (DGCA). Enhanced authority for the Bureau of Civil Aviation Security (BCAS). Greater powers for the Aircraft Accident Investigation Bureau (AAIB).

• Increased powers for the Directorate General of Civil Aviation (DGCA).

• Enhanced authority for the Bureau of Civil Aviation Security (BCAS).

• Greater powers for the Aircraft Accident Investigation Bureau (AAIB).

• Emergency Powers: The Central Governmentis empowered to issue orders in emergencies for public safety, such as detaining aircraft.

• The Central Governmentis empowered to issue orders in emergencies for public safety, such as detaining aircraft.

• License and Certification Management: Central Government can suspend, cancel, or restrict licenses or certifications with a hearing opportunity for affected parties.

• Appeal Process: Introduction of a second appeal between the initial appeal and final appeal to the Secretary, MoCA.

• Question 8 of 10 8. Question 1 points Consider the following statements regarding Supply Chain Council under the Indo-Pacific Economic Framework (IPEF). The council’s mission is to undertake targeted initiatives to bolster supply chains for sectors and goods vital to national security and public health. India has been elected as the Chair of the Supply Chain Council under the Indo-Pacific Economic Framework (IPEF). Which of the above statements is/are correct? a) 1 only b) 2 only c) Both 1 and 2 d) Neither 1 nor 2 Correct Solution: a) India has been elected as the Vice-Chair of the Supply Chain Council under the Indo-Pacific Economic Framework (IPEF). The council was established as part of the IPEF Supply Chain Resilience Agreement, which aims to mitigate risks of economic disruptions due to supply chain shocks, enhance crisis coordination, and reduce dependence on China. The council’s mission is to undertake targeted, action-oriented initiatives to bolster supply chains for sectors and goods vital to national security, public health, and economic well-being. Incorrect Solution: a) India has been elected as the Vice-Chair of the Supply Chain Council under the Indo-Pacific Economic Framework (IPEF). The council was established as part of the IPEF Supply Chain Resilience Agreement, which aims to mitigate risks of economic disruptions due to supply chain shocks, enhance crisis coordination, and reduce dependence on China. The council’s mission is to undertake targeted, action-oriented initiatives to bolster supply chains for sectors and goods vital to national security, public health, and economic well-being.

#### 8. Question

Consider the following statements regarding Supply Chain Council under the Indo-Pacific Economic Framework (IPEF).

• The council’s mission is to undertake targeted initiatives to bolster supply chains for sectors and goods vital to national security and public health.

• India has been elected as the Chair of the Supply Chain Council under the Indo-Pacific Economic Framework (IPEF).

Which of the above statements is/are correct?

• c) Both 1 and 2

• d) Neither 1 nor 2

Solution: a)

• India has been elected as the Vice-Chair of the Supply Chain Council under the Indo-Pacific Economic Framework (IPEF).

• The council was established as part of the IPEF Supply Chain Resilience Agreement, which aims to mitigate risks of economic disruptions due to supply chain shocks, enhance crisis coordination, and reduce dependence on China.

• The council’s mission is to undertake targeted, action-oriented initiatives to bolster supply chains for sectors and goods vital to national security, public health, and economic well-being.

Solution: a)

• India has been elected as the Vice-Chair of the Supply Chain Council under the Indo-Pacific Economic Framework (IPEF).

• The council was established as part of the IPEF Supply Chain Resilience Agreement, which aims to mitigate risks of economic disruptions due to supply chain shocks, enhance crisis coordination, and reduce dependence on China.

• The council’s mission is to undertake targeted, action-oriented initiatives to bolster supply chains for sectors and goods vital to national security, public health, and economic well-being.

• Question 9 of 10 9. Question 1 points Consider the following statements regarding investments in government bonds in India. The Fully Accessible Route (FAR) regulations impose no limits on investments by Non-Resident Indian retail investors. NRI’s can invest in Government Securities both on repatriable and non-repatriable bases, depending on the terms and conditions of the investment scheme. Recently Reserve Bank of India included new 14-year and 30-year government securities (G-Secs) under the Fully Accessible Route (FAR) category. How many of the above statements is/are correct? a) Only one b) Only two c) All three d) None Correct Solution: b) Statement 3 is incorrect. The Reserve Bank of India’s (RBI) recent decision to exclude new 14-year and 30-year government securities (G-Secs) from the Fully Accessible Route (FAR)may unsettle bond markets, potentially causing yield spikes for these securities. Experts warn that this exclusion could erode investor confidence, reduce participation, and increase yields due to diminished foreign portfolio investor (FPI) demand. FPIs generally prefer stable regulatory environments, and changes can lead to uncertainty and adjustments in investment strategies. Despite this, large domestic investors are expected to absorb the fresh supply of these tenors. RBI’s move aims to mitigate the potentially destabilizing effects of large capital flows in fixed-income markets by limiting investments in the more liquid segments. The Fully Accessible Route (FAR) regulations impose no limits on investments by Non-Resident Indian retail investors. NRIs can invest in Government Securities both on repatriable and non-repatriable bases, depending on the terms and conditions of the investment scheme. Incorrect Solution: b) Statement 3 is incorrect. The Reserve Bank of India’s (RBI) recent decision to exclude new 14-year and 30-year government securities (G-Secs) from the Fully Accessible Route (FAR)may unsettle bond markets, potentially causing yield spikes for these securities. Experts warn that this exclusion could erode investor confidence, reduce participation, and increase yields due to diminished foreign portfolio investor (FPI) demand. FPIs generally prefer stable regulatory environments, and changes can lead to uncertainty and adjustments in investment strategies. Despite this, large domestic investors are expected to absorb the fresh supply of these tenors. RBI’s move aims to mitigate the potentially destabilizing effects of large capital flows in fixed-income markets by limiting investments in the more liquid segments. The Fully Accessible Route (FAR) regulations impose no limits on investments by Non-Resident Indian retail investors. NRIs can invest in Government Securities both on repatriable and non-repatriable bases, depending on the terms and conditions of the investment scheme.

#### 9. Question

Consider the following statements regarding investments in government bonds in India.

• The Fully Accessible Route (FAR) regulations impose no limits on investments by Non-Resident Indian retail investors.

• NRI’s can invest in Government Securities both on repatriable and non-repatriable bases, depending on the terms and conditions of the investment scheme.

• Recently Reserve Bank of India included new 14-year and 30-year government securities (G-Secs) under the Fully Accessible Route (FAR) category.

How many of the above statements is/are correct?

• a) Only one

• b) Only two

• c) All three

Solution: b)

Statement 3 is incorrect.

• The Reserve Bank of India’s (RBI) recent decision to exclude new 14-year and 30-year government securities (G-Secs) from the Fully Accessible Route (FAR)may unsettle bond markets, potentially causing yield spikes for these securities.

• Experts warn that this exclusion could erode investor confidence, reduce participation, and increase yields due to diminished foreign portfolio investor (FPI) demand.

• FPIs generally prefer stable regulatory environments, and changes can lead to uncertainty and adjustments in investment strategies.

• Despite this, large domestic investors are expected to absorb the fresh supply of these tenors.

• RBI’s move aims to mitigate the potentially destabilizing effects of large capital flows in fixed-income markets by limiting investments in the more liquid segments.

The Fully Accessible Route (FAR) regulations impose no limits on investments by Non-Resident Indian retail investors. NRIs can invest in Government Securities both on repatriable and non-repatriable bases, depending on the terms and conditions of the investment scheme.

Solution: b)

Statement 3 is incorrect.

• The Reserve Bank of India’s (RBI) recent decision to exclude new 14-year and 30-year government securities (G-Secs) from the Fully Accessible Route (FAR)may unsettle bond markets, potentially causing yield spikes for these securities.

• Experts warn that this exclusion could erode investor confidence, reduce participation, and increase yields due to diminished foreign portfolio investor (FPI) demand.

• FPIs generally prefer stable regulatory environments, and changes can lead to uncertainty and adjustments in investment strategies.

• Despite this, large domestic investors are expected to absorb the fresh supply of these tenors.

• RBI’s move aims to mitigate the potentially destabilizing effects of large capital flows in fixed-income markets by limiting investments in the more liquid segments.

The Fully Accessible Route (FAR) regulations impose no limits on investments by Non-Resident Indian retail investors. NRIs can invest in Government Securities both on repatriable and non-repatriable bases, depending on the terms and conditions of the investment scheme.

• Question 10 of 10 10. Question 1 points Consider the following statements regarding Nano-MIND technology. The technology enables the selective activation of targeted brain circuits, surpassing current brain manipulation methods. The technology uses magnetic fields and magnetized nanoparticles. The technology can help in creating new treatments for neurological disorders. How many of the above statements is/are correct? a) Only one b) Only two c) All three d) None Correct Solution: c) In a ground-breaking experiment, researchers at the Center for Nanomedicine at the Institute for Basic Science (IBS) and Yonsei University in South Korea have demonstrated the ability to control specific brain regions in mice using magnetic fields. This innovation, called Nano-MIND (Magnetogenetic Interface for NeuroDynamics) technology, uses magnetic fields and magnetized nanoparticles to wirelessly and precisely modulate specific deep brain neural circuits. The technology enables the selective activation of targeted brain circuits, surpassing current brain manipulation methods. The potential applications of Nano-MIND in understanding brain functions, developing sophisticated artificial neural networks, advancing brain-computer interface (BCI) technologies, and creating new treatments for neurological disorders. This advancement in neuroscience could revolutionize research and treatment methodologies for brain-related conditions by providing a more precise and less invasive approach. Incorrect Solution: c) In a ground-breaking experiment, researchers at the Center for Nanomedicine at the Institute for Basic Science (IBS) and Yonsei University in South Korea have demonstrated the ability to control specific brain regions in mice using magnetic fields. This innovation, called Nano-MIND (Magnetogenetic Interface for NeuroDynamics) technology, uses magnetic fields and magnetized nanoparticles to wirelessly and precisely modulate specific deep brain neural circuits. The technology enables the selective activation of targeted brain circuits, surpassing current brain manipulation methods. The potential applications of Nano-MIND in understanding brain functions, developing sophisticated artificial neural networks, advancing brain-computer interface (BCI) technologies, and creating new treatments for neurological disorders. This advancement in neuroscience could revolutionize research and treatment methodologies for brain-related conditions by providing a more precise and less invasive approach.

#### 10. Question

Consider the following statements regarding Nano-MIND technology.

• The technology enables the selective activation of targeted brain circuits, surpassing current brain manipulation methods.

• The technology uses magnetic fields and magnetized nanoparticles.

• The technology can help in creating new treatments for neurological disorders.

How many of the above statements is/are correct?

• a) Only one

• b) Only two

• c) All three

Solution: c)

• In a ground-breaking experiment, researchers at the Center for Nanomedicine at the Institute for Basic Science (IBS) and Yonsei University in South Korea have demonstrated the ability to control specific brain regions in mice using magnetic fields.

• This innovation, called Nano-MIND (Magnetogenetic Interface for NeuroDynamics) technology, uses magnetic fields and magnetized nanoparticles to wirelessly and precisely modulate specific deep brain neural circuits.

• The technology enables the selective activation of targeted brain circuits, surpassing current brain manipulation methods.

• The potential applications of Nano-MIND in understanding brain functions, developing sophisticated artificial neural networks, advancing brain-computer interface (BCI) technologies, and creating new treatments for neurological disorders.

• This advancement in neuroscience could revolutionize research and treatment methodologies for brain-related conditions by providing a more precise and less invasive approach.

Solution: c)

• In a ground-breaking experiment, researchers at the Center for Nanomedicine at the Institute for Basic Science (IBS) and Yonsei University in South Korea have demonstrated the ability to control specific brain regions in mice using magnetic fields.

• This innovation, called Nano-MIND (Magnetogenetic Interface for NeuroDynamics) technology, uses magnetic fields and magnetized nanoparticles to wirelessly and precisely modulate specific deep brain neural circuits.

• The technology enables the selective activation of targeted brain circuits, surpassing current brain manipulation methods.

• The potential applications of Nano-MIND in understanding brain functions, developing sophisticated artificial neural networks, advancing brain-computer interface (BCI) technologies, and creating new treatments for neurological disorders.

• This advancement in neuroscience could revolutionize research and treatment methodologies for brain-related conditions by providing a more precise and less invasive approach.

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