UPSC Editorials Quiz : 10 November 2025

Introducing QUED – Questions from Editorials (UPSC Editorials Quiz) , an innovative initiative from InsightsIAS. Considering the significant number of questions in previous UPSC Prelims from editorials, practicing MCQs from this perspective can provide an extra edge. While we cover important editorials separately in our Editorial Section and SECURE Initiative, adding QUED (UPSC Editorials Quiz) to your daily MCQ practice alongside Static Quiz, Current Affairs Quiz, and InstaDART can be crucial for better performance. We recommend utilizing this initiative to enhance your preparation, with 5 MCQs posted daily at 11 am from Monday to Saturday on our website under the QUIZ menu.

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• Question 1 of 5 1. Question Consider the following statements regarding BRICS Pay: It operates on a Decentralised Autonomous Organisation (DAO) model to ensure equitable governance among all members. The platform aims to completely replace the SWIFT messaging system to ensure the financial isolation of G10 nations. It supports the achievement of UN Sustainable Development Goals (SDGs) related to financial inclusion and innovation. How many of the above statements are correct? (a) Only one (b) Only two (c) All three (d) None Correct Solution: B Statement 1 is correct. BRICS Pay utilizes a DAO Governance Model. This is a significant departure from traditional financial institutions, as it promotes decentralised and transparent decision-making, giving all member nations equitable participation rather than control being concentrated among a few powerful entities. Statement 2 is incorrect. The stated objective of BRICS Pay is not to replace SWIFT or cause isolation. Instead, it aims to create a resilient alternative architecture to diversify and “democratise” global finance. It seeks to provide a parallel, interoperable system, reducing reliance on a single, centralised system (SWIFT) that can be a single point of failure or political leverage. Statement 3 is correct. The mission of BRICS Pay is explicitly aligned with supporting UN SDGs, specifically 1 (No Poverty), 8 (Decent Work and Economic Growth), 9 (Industry, Innovation, and Infrastructure), and 10 (Reduced Inequalities). It achieves this by lowering transaction costs, which promotes inclusive growth and enables better participation of Small and Medium Enterprises (SMEs) in global trade. Incorrect Solution: B Statement 1 is correct. BRICS Pay utilizes a DAO Governance Model. This is a significant departure from traditional financial institutions, as it promotes decentralised and transparent decision-making, giving all member nations equitable participation rather than control being concentrated among a few powerful entities. Statement 2 is incorrect. The stated objective of BRICS Pay is not to replace SWIFT or cause isolation. Instead, it aims to create a resilient alternative architecture to diversify and “democratise” global finance. It seeks to provide a parallel, interoperable system, reducing reliance on a single, centralised system (SWIFT) that can be a single point of failure or political leverage. Statement 3 is correct. The mission of BRICS Pay is explicitly aligned with supporting UN SDGs, specifically 1 (No Poverty), 8 (Decent Work and Economic Growth), 9 (Industry, Innovation, and Infrastructure), and 10 (Reduced Inequalities). It achieves this by lowering transaction costs, which promotes inclusive growth and enables better participation of Small and Medium Enterprises (SMEs) in global trade.

#### 1. Question

Consider the following statements regarding BRICS Pay:

• It operates on a Decentralised Autonomous Organisation (DAO) model to ensure equitable governance among all members.

• The platform aims to completely replace the SWIFT messaging system to ensure the financial isolation of G10 nations.

• It supports the achievement of UN Sustainable Development Goals (SDGs) related to financial inclusion and innovation.

How many of the above statements are correct?

• (a) Only one

• (b) Only two

• (c) All three

Solution: B

• Statement 1 is correct. BRICS Pay utilizes a DAO Governance Model. This is a significant departure from traditional financial institutions, as it promotes decentralised and transparent decision-making, giving all member nations equitable participation rather than control being concentrated among a few powerful entities.

• Statement 2 is incorrect. The stated objective of BRICS Pay is not to replace SWIFT or cause isolation. Instead, it aims to create a resilient alternative architecture to diversify and “democratise” global finance. It seeks to provide a parallel, interoperable system, reducing reliance on a single, centralised system (SWIFT) that can be a single point of failure or political leverage.

• Statement 3 is correct. The mission of BRICS Pay is explicitly aligned with supporting UN SDGs, specifically 1 (No Poverty), 8 (Decent Work and Economic Growth), 9 (Industry, Innovation, and Infrastructure), and 10 (Reduced Inequalities). It achieves this by lowering transaction costs, which promotes inclusive growth and enables better participation of Small and Medium Enterprises (SMEs) in global trade.

Solution: B

• Question 2 of 5 2. Question The first introduction of the Model Code of Conduct occurred as a voluntary code in which of the following elections? (a) 1960 Kerala Assembly elections (b) 1962 Lok Sabha elections (c) 1979 Assembly elections in Bihar (d) 1991 Lok Sabha bye-elections Correct Solution: A The genesis of the Model Code of Conduct (MCC) dates back to 1960, when it was first introduced as a voluntary set of guidelines by the Election Commission of India (ECI) for the Kerala Assembly elections. This marked the earliest attempt to regulate the conduct of political parties and candidates during the electoral process. Its national adoption and circulation to all recognized political parties and states came later, during the 1962 Lok Sabha elections, after which it gained all-party consensus. The period post-1991 saw its gradual institutionalization and much stricter enforcement by the ECI to curb electoral malpractices. It is crucial to note that the MCC remains a set of guidelines and does not hold statutory backing, although its principles are enforced through existing election laws. The 2013 Supreme Court judgment in the Subramaniam Balaji vs. State of Tamil Nadu case led to a comprehensive revision of guidelines related to election manifestos and the prevention of misuse of freebies. Incorrect Solution: A The genesis of the Model Code of Conduct (MCC) dates back to 1960, when it was first introduced as a voluntary set of guidelines by the Election Commission of India (ECI) for the Kerala Assembly elections. This marked the earliest attempt to regulate the conduct of political parties and candidates during the electoral process. Its national adoption and circulation to all recognized political parties and states came later, during the 1962 Lok Sabha elections, after which it gained all-party consensus. The period post-1991 saw its gradual institutionalization and much stricter enforcement by the ECI to curb electoral malpractices. It is crucial to note that the MCC remains a set of guidelines and does not hold statutory backing, although its principles are enforced through existing election laws. The 2013 Supreme Court judgment in the Subramaniam Balaji vs. State of Tamil Nadu case led to a comprehensive revision of guidelines related to election manifestos and the prevention of misuse of freebies.

#### 2. Question

The first introduction of the Model Code of Conduct occurred as a voluntary code in which of the following elections?

• (a) 1960 Kerala Assembly elections

• (b) 1962 Lok Sabha elections

• (d) 1991 Lok Sabha bye-elections

Solution: A

• The genesis of the Model Code of Conduct (MCC) dates back to 1960, when it was first introduced as a voluntary set of guidelines by the Election Commission of India (ECI) for the Kerala Assembly elections. This marked the earliest attempt to regulate the conduct of political parties and candidates during the electoral process.

• Its national adoption and circulation to all recognized political parties and states came later, during the 1962 Lok Sabha elections, after which it gained all-party consensus.

• The period post-1991 saw its gradual institutionalization and much stricter enforcement by the ECI to curb electoral malpractices.

• It is crucial to note that the MCC remains a set of guidelines and does not hold statutory backing, although its principles are enforced through existing election laws. The 2013 Supreme Court judgment in the Subramaniam Balaji vs. State of Tamil Nadu case led to a comprehensive revision of guidelines related to election manifestos and the prevention of misuse of freebies.

Solution: A

• Its national adoption and circulation to all recognized political parties and states came later, during the 1962 Lok Sabha elections, after which it gained all-party consensus.

• The period post-1991 saw its gradual institutionalization and much stricter enforcement by the ECI to curb electoral malpractices.

• Question 3 of 5 3. Question The UNEP Emissions Gap Report 2025 is primarily aimed at: (a) Assessing the financial feasibility and costs of promises made in election manifestos globally. (b) Analysing the impact of Low-Earth Orbit (LEO) satellites on the Earth's upper atmosphere and space debris. (c) Providing best practices for managing and repatriating criminal assets across international borders. (d) Evaluating the gap between projected global greenhouse gas emissions and the levels needed to limit global warming. Correct Solution: D The UNEP Emissions Gap Report is an annual assessment published by the United Nations Environment Programme (UNEP). Its central aim is to measure the “gap” between the global community’s projected greenhouse gas emissions (based on current policies and Nationally Determined Contributions – NDCs) and the emissions levels required to align with the 5°C and 2°C Paris Agreement targets. It serves as a scientific call to action for countries to enhance their climate ambitions. Incorrect Solution: D The UNEP Emissions Gap Report is an annual assessment published by the United Nations Environment Programme (UNEP). Its central aim is to measure the “gap” between the global community’s projected greenhouse gas emissions (based on current policies and Nationally Determined Contributions – NDCs) and the emissions levels required to align with the 5°C and 2°C Paris Agreement targets. It serves as a scientific call to action for countries to enhance their climate ambitions.

#### 3. Question

The UNEP Emissions Gap Report 2025 is primarily aimed at:

• (a) Assessing the financial feasibility and costs of promises made in election manifestos globally.

• (b) Analysing the impact of Low-Earth Orbit (LEO) satellites on the Earth's upper atmosphere and space debris.

• (c) Providing best practices for managing and repatriating criminal assets across international borders.

• (d) Evaluating the gap between projected global greenhouse gas emissions and the levels needed to limit global warming.

Solution: D

• The UNEP Emissions Gap Report is an annual assessment published by the United Nations Environment Programme (UNEP). Its central aim is to measure the “gap” between the global community’s projected greenhouse gas emissions (based on current policies and Nationally Determined Contributions – NDCs) and the emissions levels required to align with the 5°C and 2°C Paris Agreement targets. It serves as a scientific call to action for countries to enhance their climate ambitions.

Solution: D

• Question 4 of 5 4. Question Consider the following statements regarding the Nutrient Based Subsidy (NBS) Scheme: The scheme was introduced to replace the product-based subsidy regime for P&K fertilizers. The subsidy under NBS is paid directly to the farmers’ bank accounts (Direct Benefit Transfer). Urea is kept outside the NBS scheme, remaining under a statutory price control mechanism. How many of the above statements are correct? (a) Only one (b) Only two (c) All three (d) None Correct Solution: B Statement 1 is correct. The NBS scheme was implemented to move away from the earlier complex product-based subsidy, where the government fixed the MRP and paid the difference. The NBS provides a fixed subsidy based on the content of nutrients (N, P, K, S), not the final product. Statement 2 is incorrect. The subsidy under the NBS scheme is not paid to farmers. It is provided to the fertilizer companies, enabling them to sell their products at “reasonable” (and subsidized) rates to farmers. The government provides “transparent and predictable subsidy disbursement to fertilizer companies”. Statement 3 is correct. Urea, the most widely used fertilizer, is not part of the NBS scheme. It remains under a separate statutory price control, with its MRP fixed by the government. Incorrect Solution: B Statement 1 is correct. The NBS scheme was implemented to move away from the earlier complex product-based subsidy, where the government fixed the MRP and paid the difference. The NBS provides a fixed subsidy based on the content of nutrients (N, P, K, S), not the final product. Statement 2 is incorrect. The subsidy under the NBS scheme is not paid to farmers. It is provided to the fertilizer companies, enabling them to sell their products at “reasonable” (and subsidized) rates to farmers. The government provides “transparent and predictable subsidy disbursement to fertilizer companies”. Statement 3 is correct. Urea, the most widely used fertilizer, is not part of the NBS scheme. It remains under a separate statutory price control, with its MRP fixed by the government.

#### 4. Question

Consider the following statements regarding the Nutrient Based Subsidy (NBS) Scheme:

• The scheme was introduced to replace the product-based subsidy regime for P&K fertilizers.

• The subsidy under NBS is paid directly to the farmers’ bank accounts (Direct Benefit Transfer).

• Urea is kept outside the NBS scheme, remaining under a statutory price control mechanism.

How many of the above statements are correct?

• (a) Only one

• (b) Only two

• (c) All three

Solution: B

• Statement 1 is correct. The NBS scheme was implemented to move away from the earlier complex product-based subsidy, where the government fixed the MRP and paid the difference. The NBS provides a fixed subsidy based on the content of nutrients (N, P, K, S), not the final product.

• Statement 2 is incorrect. The subsidy under the NBS scheme is not paid to farmers. It is provided to the fertilizer companies, enabling them to sell their products at “reasonable” (and subsidized) rates to farmers. The government provides “transparent and predictable subsidy disbursement to fertilizer companies”.

• Statement 3 is correct. Urea, the most widely used fertilizer, is not part of the NBS scheme. It remains under a separate statutory price control, with its MRP fixed by the government.

Solution: B

• Statement 3 is correct. Urea, the most widely used fertilizer, is not part of the NBS scheme. It remains under a separate statutory price control, with its MRP fixed by the government.

• Question 5 of 5 5. Question The International Monetary Fund (IMF) recently released its Global Financial Stability Report (GFSR). Which of the following best describes the primary focus of this report? (a) It provides macroeconomic forecasts, including GDP growth and inflation, for all member countries. (b) It details the contributions and loan disbursements from the IMF to low-income countries. (c) It ranks countries based on their competitiveness and ease of doing business. (d) It assesses the key risks and vulnerabilities in the global financial system and financial markets. Correct Solution: D (d) is correct. The Global Financial Stability Report (GFSR) is the IMF’s flagship publication that assesses the stability, risks, and vulnerabilities of the global financial system. It covers financial markets, banking systems, regulatory challenges, and potential threats to financial stability. Incorrect Solution: D (d) is correct. The Global Financial Stability Report (GFSR) is the IMF’s flagship publication that assesses the stability, risks, and vulnerabilities of the global financial system. It covers financial markets, banking systems, regulatory challenges, and potential threats to financial stability.

#### 5. Question

The International Monetary Fund (IMF) recently released its Global Financial Stability Report (GFSR). Which of the following best describes the primary focus of this report?

• (a) It provides macroeconomic forecasts, including GDP growth and inflation, for all member countries.

• (b) It details the contributions and loan disbursements from the IMF to low-income countries.

• (c) It ranks countries based on their competitiveness and ease of doing business.

• (d) It assesses the key risks and vulnerabilities in the global financial system and financial markets.

Solution: D

• (d) is correct. The Global Financial Stability Report (GFSR) is the IMF’s flagship publication that assesses the stability, risks, and vulnerabilities of the global financial system. It covers financial markets, banking systems, regulatory challenges, and potential threats to financial stability.

Solution: D

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