UPSC Editorials Quiz : 20 May 2024

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Introducing QUED – Questions from Editorials, 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 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. Best of luck! 🙂

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• Question 1 of 5 1. Question Consider the following statements regarding Employee stock ownership plan (ESOP). Under these plans, the employer gives certain stocks of the company to the employee for negligible or less costs. These plans are aimed at improving the performance of the company and increasing the value of the shares. The ESOPs help in minimizing problems related to incentives. How many of the above statement is/are correct? a) Only one b) Only two c) All three d) None Correct Solution: c) An employee stock ownership plan (ESOP) is a type of employee benefit plan which is intended to encourage employees to acquire stocks or ownership in the company. Under these plans, the employer gives certain stocks of the company to the employee for negligible or less costs which remain in the ESOP trust fund, until the options vests and the employee exercises them or the employee leaves/retires from the company or institution. These plans are aimed at improving the performance of the company and increasing the value of the shares by involving stock holders, who are also the employees, in the working of the company. The ESOPs help in minimizing problems related to incentives. Incorrect Solution: c) An employee stock ownership plan (ESOP) is a type of employee benefit plan which is intended to encourage employees to acquire stocks or ownership in the company. Under these plans, the employer gives certain stocks of the company to the employee for negligible or less costs which remain in the ESOP trust fund, until the options vests and the employee exercises them or the employee leaves/retires from the company or institution. These plans are aimed at improving the performance of the company and increasing the value of the shares by involving stock holders, who are also the employees, in the working of the company. The ESOPs help in minimizing problems related to incentives.

#### 1. Question

Consider the following statements regarding Employee stock ownership plan (ESOP).

• Under these plans, the employer gives certain stocks of the company to the employee for negligible or less costs.

• These plans are aimed at improving the performance of the company and increasing the value of the shares.

• The ESOPs help in minimizing problems related to incentives.

How many of the above statement is/are correct?

• a) Only one

• b) Only two

• c) All three

Solution: c)

An employee stock ownership plan (ESOP) is a type of employee benefit plan which is intended to encourage employees to acquire stocks or ownership in the company. Under these plans, the employer gives certain stocks of the company to the employee for negligible or less costs which remain in the ESOP trust fund, until the options vests and the employee exercises them or the employee leaves/retires from the company or institution.

These plans are aimed at improving the performance of the company and increasing the value of the shares by involving stock holders, who are also the employees, in the working of the company. The ESOPs help in minimizing problems related to incentives.

Solution: c)

• Question 2 of 5 2. Question Consider the following statements regarding Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). All animals that are in the wildlife trade are protected by CITES. If a party violates the convention, CITES can respond with sanctions, which prevent a country from trading in CITES-listed species. 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: b) Many animals that are in the wildlife trade are not protected by CITES. If a party violates the convention, CITES can respond with sanctions, which prevent a country from trading in CITES-listed species. But countries are rarely sanctioned. Incorrect Solution: b) Many animals that are in the wildlife trade are not protected by CITES. If a party violates the convention, CITES can respond with sanctions, which prevent a country from trading in CITES-listed species. But countries are rarely sanctioned.

#### 2. Question

Consider the following statements regarding Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).

• All animals that are in the wildlife trade are protected by CITES.

• If a party violates the convention, CITES can respond with sanctions, which prevent a country from trading in CITES-listed species.

Which of the above statements is/are correct?

• c) Both 1 and 2

• d) Neither 1 nor 2

Solution: b)

Many animals that are in the wildlife trade are not protected by CITES. If a party violates the convention, CITES can respond with sanctions, which prevent a country from trading in CITES-listed species. But countries are rarely sanctioned.

Solution: b)

• Question 3 of 5 3. Question Consider the following statements regarding Narmada River. The Narmada is the second largest west-flowing river in India. It is situated between the Vindhya and Satpura Ranges. It flows through Madhya Pradesh, Maharashtra, and Gujarat before reaching the Gulf of Cambay. The Sardar Sarovar Dam is a concrete gravity dam built on the Narmada River. How many of the above statements is/are correct? a) Only one b) Only two c) Only three d) All four Correct Solution: c) Statement 1 is incorrect. The Sardar Sarovar Dam (opened 2017) is a concrete gravity dam built on the Narmada River in Navagam near the town of Kevadiya, Narmada District, in the state of Gujarat. The dam was constructed to provide water and electricity to four Indian states: Gujarat, Madhya Pradesh, Maharashtra, and Rajasthan The Narmada is the largest west-flowing river, the fifth-largest in India, flowing through Madhya Pradesh, Maharashtra, and Gujarat before reaching the Gulf of Cambay. It is situated between the Vindhya and Satpura Ranges. Incorrect Solution: c) Statement 1 is incorrect. The Sardar Sarovar Dam (opened 2017) is a concrete gravity dam built on the Narmada River in Navagam near the town of Kevadiya, Narmada District, in the state of Gujarat. The dam was constructed to provide water and electricity to four Indian states: Gujarat, Madhya Pradesh, Maharashtra, and Rajasthan The Narmada is the largest west-flowing river, the fifth-largest in India, flowing through Madhya Pradesh, Maharashtra, and Gujarat before reaching the Gulf of Cambay. It is situated between the Vindhya and Satpura Ranges.

#### 3. Question

Consider the following statements regarding Narmada River.

• The Narmada is the second largest west-flowing river in India.

• It is situated between the Vindhya and Satpura Ranges.

• It flows through Madhya Pradesh, Maharashtra, and Gujarat before reaching the Gulf of Cambay.

• The Sardar Sarovar Dam is a concrete gravity dam built on the Narmada River.

How many of the above statements is/are correct?

• a) Only one

• b) Only two

• c) Only three

• d) All four

Solution: c)

Statement 1 is incorrect.

• The Sardar Sarovar Dam (opened 2017) is a concrete gravity dam built on the Narmada River in Navagam near the town of Kevadiya, Narmada District, in the state of Gujarat. The dam was constructed to provide water and electricity to four Indian states: Gujarat, Madhya Pradesh, Maharashtra, and Rajasthan

• The Narmada is the largest west-flowing river, the fifth-largest in India, flowing through Madhya Pradesh, Maharashtra, and Gujarat before reaching the Gulf of Cambay. It is situated between the Vindhya and Satpura Ranges.

Solution: c)

Statement 1 is incorrect.

• Question 4 of 5 4. Question Consider the following statements regarding HUID tag for Gold Jewellery in India. HUID tag is a unique identifier for each gold item. It is affixed by an entity recognised by the Bureau of Indian Standards (BIS). It does not guarantee the quality of gold jewellery. How many of the above statement is/are correct? a) Only one b) Only two c) All three d) None Correct Solution: b) Statement 3 is incorrect. Hallmark Unique Identification (HUID) number is a six-digit alphanumeric code. It is given to every piece of jewellery at the time of hallmarking, and is a unique identifier for each gold item. The jewellery is stamped with the unique number manually at the Assaying & Hallmarking centre. Hallmark is a mark on gold jewellery which is affixed by an entity recognised by the Bureau of Indian Standards (BIS) to assure its fineness and purity. The HUID makes it easy to trace the individual piece of jewellery, and is a guarantee of quality. It is aimed at ensuring the purity of Hallmarked jewellery and check any malpractice. Incorrect Solution: b) Statement 3 is incorrect. Hallmark Unique Identification (HUID) number is a six-digit alphanumeric code. It is given to every piece of jewellery at the time of hallmarking, and is a unique identifier for each gold item. The jewellery is stamped with the unique number manually at the Assaying & Hallmarking centre. Hallmark is a mark on gold jewellery which is affixed by an entity recognised by the Bureau of Indian Standards (BIS) to assure its fineness and purity. The HUID makes it easy to trace the individual piece of jewellery, and is a guarantee of quality. It is aimed at ensuring the purity of Hallmarked jewellery and check any malpractice.

#### 4. Question

Consider the following statements regarding HUID tag for Gold Jewellery in India.

• HUID tag is a unique identifier for each gold item.

• It is affixed by an entity recognised by the Bureau of Indian Standards (BIS).

• It does not guarantee the quality of gold jewellery.

How many of the above statement is/are correct?

• a) Only one

• b) Only two

• c) All three

Solution: b)

Statement 3 is incorrect.

Hallmark Unique Identification (HUID) number is a six-digit alphanumeric code. It is given to every piece of jewellery at the time of hallmarking, and is a unique identifier for each gold item. The jewellery is stamped with the unique number manually at the Assaying & Hallmarking centre.

Hallmark is a mark on gold jewellery which is affixed by an entity recognised by the Bureau of Indian Standards (BIS) to assure its fineness and purity.

The HUID makes it easy to trace the individual piece of jewellery, and is a guarantee of quality.

It is aimed at ensuring the purity of Hallmarked jewellery and check any malpractice.

Solution: b)

Statement 3 is incorrect.

Hallmark is a mark on gold jewellery which is affixed by an entity recognised by the Bureau of Indian Standards (BIS) to assure its fineness and purity.

The HUID makes it easy to trace the individual piece of jewellery, and is a guarantee of quality.

It is aimed at ensuring the purity of Hallmarked jewellery and check any malpractice.

• Question 5 of 5 5. Question Consider the following statements. Goldilocks zone is the area around a star where it is not too hot and not too cold for liquid water to exist on the surface of surrounding planets. Earth is in the Sun’s Goldilocks zone. Hycean planet is a hypothetical type of water-covered planet with a hydrogen-rich atmosphere. How many of the above statements is/are incorrect? a) Only one b) Only two c) All three d) None Correct Solution: d) Scientists using the James Webb Space Telescope have discovered methane and carbon dioxide on the exoplanet K2-18 b. K2-18 b is located in the “Goldilocks zone” around the cool dwarf star K2-18, where it receives just enough starlight to maintain liquid water. It’s considered a “Hycean planet,” a hypothetical type of water-covered planet with a hydrogen-rich atmosphere that some scientists believe is a good candidate for the search for signs of life. A habitable zone, also called the “Goldilocks zone”, is the area around a star where it is not too hot and not too cold for liquid water to exist on the surface of surrounding planets. Obviously, our Earth is in the Sun’s Goldilocks zone. If Earth were where the dwarf planet Pluto is, all its water would freeze; on the other hand, if Earth were where Mercury is, all its water would boil off. Incorrect Solution: d) Scientists using the James Webb Space Telescope have discovered methane and carbon dioxide on the exoplanet K2-18 b. K2-18 b is located in the “Goldilocks zone” around the cool dwarf star K2-18, where it receives just enough starlight to maintain liquid water. It’s considered a “Hycean planet,” a hypothetical type of water-covered planet with a hydrogen-rich atmosphere that some scientists believe is a good candidate for the search for signs of life. A habitable zone, also called the “Goldilocks zone”, is the area around a star where it is not too hot and not too cold for liquid water to exist on the surface of surrounding planets. Obviously, our Earth is in the Sun’s Goldilocks zone. If Earth were where the dwarf planet Pluto is, all its water would freeze; on the other hand, if Earth were where Mercury is, all its water would boil off.

#### 5. Question

Consider the following statements.

• Goldilocks zone is the area around a star where it is not too hot and not too cold for liquid water to exist on the surface of surrounding planets.

• Earth is in the Sun’s Goldilocks zone.

• Hycean planet is a hypothetical type of water-covered planet with a hydrogen-rich atmosphere.

How many of the above statements is/are incorrect?

• a) Only one

• b) Only two

• c) All three

Solution: d)

Scientists using the James Webb Space Telescope have discovered methane and carbon dioxide on the exoplanet K2-18 b.

K2-18 b is located in the “Goldilocks zone” around the cool dwarf star K2-18, where it receives just enough starlight to maintain liquid water.

It’s considered a “Hycean planet,” a hypothetical type of water-covered planet with a hydrogen-rich atmosphere that some scientists believe is a good candidate for the search for signs of life.

A habitable zone, also called the “Goldilocks zone”, is the area around a star where it is not too hot and not too cold for liquid water to exist on the surface of surrounding planets.

Obviously, our Earth is in the Sun’s Goldilocks zone. If Earth were where the dwarf planet Pluto is, all its water would freeze; on the other hand, if Earth were where Mercury is, all its water would boil off.

Solution: d)

Scientists using the James Webb Space Telescope have discovered methane and carbon dioxide on the exoplanet K2-18 b.

K2-18 b is located in the “Goldilocks zone” around the cool dwarf star K2-18, where it receives just enough starlight to maintain liquid water.

A habitable zone, also called the “Goldilocks zone”, is the area around a star where it is not too hot and not too cold for liquid water to exist on the surface of surrounding planets.

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