UPSC Editorials Quiz : 29 August 2024

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 based on the financial inclusion data by World Bank: India saw a continuous increase in financial inclusion from 2011 to 2021, eventually surpassing the world average by 2017. High-income countries consistently maintained financial inclusion levels close to 100% from 2011 to 2021. Low-income countries experienced a significant decline in financial inclusion from 2011 to 2021. Which of the above statements is/are correct? a) 1 and 2 only b) 1 and 3 only c) 2 and 3 only d) 1, 2, and 3 Correct Solution: a) Statement 1 is correct. The data shows that India experienced a continuous increase in financial inclusion from 2011 to 2021, with a notable improvement by 2017 when India surpassed the global average. This improvement is likely due to the impact of government policies aimed at enhancing financial access for the unbanked population. Statement 2 is correct. High-income countries maintained consistently high levels of financial inclusion, close to 100%, throughout the period from 2011 to 2021. These countries generally have more advanced financial systems, contributing to almost universal financial inclusion. Statement 3 is incorrect. The data does not show a significant decline in financial inclusion for low-income countries; rather, it shows that they have consistently low financial inclusion rates. The challenge for these countries lies in the persistent barriers to accessing financial services rather than a decline in inclusion. Incorrect Solution: a) Statement 1 is correct. The data shows that India experienced a continuous increase in financial inclusion from 2011 to 2021, with a notable improvement by 2017 when India surpassed the global average. This improvement is likely due to the impact of government policies aimed at enhancing financial access for the unbanked population. Statement 2 is correct. High-income countries maintained consistently high levels of financial inclusion, close to 100%, throughout the period from 2011 to 2021. These countries generally have more advanced financial systems, contributing to almost universal financial inclusion. Statement 3 is incorrect. The data does not show a significant decline in financial inclusion for low-income countries; rather, it shows that they have consistently low financial inclusion rates. The challenge for these countries lies in the persistent barriers to accessing financial services rather than a decline in inclusion.

#### 1. Question

Consider the following statements based on the financial inclusion data by World Bank:

• India saw a continuous increase in financial inclusion from 2011 to 2021, eventually surpassing the world average by 2017.

• High-income countries consistently maintained financial inclusion levels close to 100% from 2011 to 2021.

• Low-income countries experienced a significant decline in financial inclusion from 2011 to 2021.

Which of the above statements is/are correct?

• a) 1 and 2 only

• b) 1 and 3 only

• c) 2 and 3 only

• d) 1, 2, and 3

Solution: a)

Statement 1 is correct. The data shows that India experienced a continuous increase in financial inclusion from 2011 to 2021, with a notable improvement by 2017 when India surpassed the global average. This improvement is likely due to the impact of government policies aimed at enhancing financial access for the unbanked population.

Statement 2 is correct. High-income countries maintained consistently high levels of financial inclusion, close to 100%, throughout the period from 2011 to 2021. These countries generally have more advanced financial systems, contributing to almost universal financial inclusion.

Statement 3 is incorrect. The data does not show a significant decline in financial inclusion for low-income countries; rather, it shows that they have consistently low financial inclusion rates. The challenge for these countries lies in the persistent barriers to accessing financial services rather than a decline in inclusion.

Solution: a)

• Question 2 of 5 2. Question Which committee’s recommendations formed the basis for the Unified Pension Scheme (UPS) approved by the Union Cabinet? a) N.K. Singh Committee b) T.V. Somanathan Committee c) Bibek Debroy Committee d) Vijay Kelkar Committee Correct Solution: b) The Unified Pension Scheme (UPS) is based on the recommendations of the T.V. Somanathan Committee (2023). This scheme aims to combine the benefits of the Old Pension Scheme (OPS) and the New Pension Scheme (NPS) and promises assured pensions for government employees after retirement, starting April 2025. Incorrect Solution: b) The Unified Pension Scheme (UPS) is based on the recommendations of the T.V. Somanathan Committee (2023). This scheme aims to combine the benefits of the Old Pension Scheme (OPS) and the New Pension Scheme (NPS) and promises assured pensions for government employees after retirement, starting April 2025.

#### 2. Question

Which committee’s recommendations formed the basis for the Unified Pension Scheme (UPS) approved by the Union Cabinet?

• a) N.K. Singh Committee

• b) T.V. Somanathan Committee

• c) Bibek Debroy Committee

• d) Vijay Kelkar Committee

Solution: b)

The Unified Pension Scheme (UPS) is based on the recommendations of the T.V. Somanathan Committee (2023). This scheme aims to combine the benefits of the Old Pension Scheme (OPS) and the New Pension Scheme (NPS) and promises assured pensions for government employees after retirement, starting April 2025.

Solution: b)

• Question 3 of 5 3. Question Which biotechnology technique is used to increase the shelf life of food products? a) Gene therapy b) Tissue culture c) Edible vaccines d) Molecular diagnostics Correct Solution: b) Tissue culture is a technique used in biotechnology to regenerate disease-free plants in laboratories, ensuring the production of high-quality planting materials. It also plays a crucial role in extending the shelf life of food products by producing plants with desirable traits, reducing waste, and ensuring access to fresher produce. This application is critical for improving food security and reducing post-harvest losses. Incorrect Solution: b) Tissue culture is a technique used in biotechnology to regenerate disease-free plants in laboratories, ensuring the production of high-quality planting materials. It also plays a crucial role in extending the shelf life of food products by producing plants with desirable traits, reducing waste, and ensuring access to fresher produce. This application is critical for improving food security and reducing post-harvest losses.

#### 3. Question

Which biotechnology technique is used to increase the shelf life of food products?

• a) Gene therapy

• b) Tissue culture

• c) Edible vaccines

• d) Molecular diagnostics

Solution: b)

Tissue culture is a technique used in biotechnology to regenerate disease-free plants in laboratories, ensuring the production of high-quality planting materials. It also plays a crucial role in extending the shelf life of food products by producing plants with desirable traits, reducing waste, and ensuring access to fresher produce. This application is critical for improving food security and reducing post-harvest losses.

Solution: b)

• Question 4 of 5 4. Question Consider the following statements about IN-SPACe (Indian National Space Promotion and Authorization Center): IN-SPACe allows 100% Foreign Direct Investment (FDI) in most space sectors, with some ceilings in satellite manufacturing and operations. IN-SPACe is responsible for regulating and licensing private sector activities in India’s space sector. Which of the statements given above is/are incorrect? a) 1 only b) 2 only c) Both 1 and 2 d) Neither 1 nor 2 Correct Solution: d) Private Sector Participation Agnikul Cosmos Launched SoRTeD-01, using a semi-cryogenic engine, marking a significant achievement for India’s private sector. Skyroot Aerospace Progressing towards launching Vikram 1 with advancements in space technology development. IN-SPACe Issued new guidelines, and licenses, and allowed 100% FDI in most space sectors, except for specific ceilings in satellite manufacturing and operations. Incorrect Solution: d) Private Sector Participation Agnikul Cosmos Launched SoRTeD-01, using a semi-cryogenic engine, marking a significant achievement for India’s private sector. Skyroot Aerospace Progressing towards launching Vikram 1 with advancements in space technology development. IN-SPACe Issued new guidelines, and licenses, and allowed 100% FDI in most space sectors, except for specific ceilings in satellite manufacturing and operations.

#### 4. Question

Consider the following statements about IN-SPACe (Indian National Space Promotion and Authorization Center):

• IN-SPACe allows 100% Foreign Direct Investment (FDI) in most space sectors, with some ceilings in satellite manufacturing and operations.

• IN-SPACe is responsible for regulating and licensing private sector activities in India’s space sector.

Which of the statements given above is/are incorrect?

• c) Both 1 and 2

• d) Neither 1 nor 2

Solution: d)

Private Sector Participation

Agnikul Cosmos | Launched SoRTeD-01, using a semi-cryogenic engine, marking a significant achievement for India’s private sector.

Skyroot Aerospace | Progressing towards launching Vikram 1 with advancements in space technology development.

IN-SPACe | Issued new guidelines, and licenses, and allowed 100% FDI in most space sectors, except for specific ceilings in satellite manufacturing and operations.

Solution: d)

Private Sector Participation

Agnikul Cosmos | Launched SoRTeD-01, using a semi-cryogenic engine, marking a significant achievement for India’s private sector.

Skyroot Aerospace | Progressing towards launching Vikram 1 with advancements in space technology development.

IN-SPACe | Issued new guidelines, and licenses, and allowed 100% FDI in most space sectors, except for specific ceilings in satellite manufacturing and operations.

• Question 5 of 5 5. Question Which of the following statements is/are correct regarding the Global Compact? A Global Compact is an initiative that unites countries or organizations to commit to shared goals and principles. It often focuses on sustainable development, human rights, and global cooperation. The Global Compact is a legally binding agreement among participating countries. 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 correct as a Global Compact is an initiative that brings together countries or organizations to commit to shared goals and principles. Statement 2 is correct because the focus of Global Compacts often includes sustainable development, human rights, and global cooperation. Statement 3 is incorrect because Global Compacts are generally not legally binding agreements; they are more about mutual commitments and cooperation. Incorrect Solution: b) Statement 1 is correct as a Global Compact is an initiative that brings together countries or organizations to commit to shared goals and principles. Statement 2 is correct because the focus of Global Compacts often includes sustainable development, human rights, and global cooperation. Statement 3 is incorrect because Global Compacts are generally not legally binding agreements; they are more about mutual commitments and cooperation.

#### 5. Question

Which of the following statements is/are correct regarding the Global Compact?

• A Global Compact is an initiative that unites countries or organizations to commit to shared goals and principles.

• It often focuses on sustainable development, human rights, and global cooperation.

• The Global Compact is a legally binding agreement among participating countries.

How many of the above statements is/are correct?

• a) Only one

• b) Only two

• c) All three

Solution: b)

Statement 1 is correct as a Global Compact is an initiative that brings together countries or organizations to commit to shared goals and principles.

Statement 2 is correct because the focus of Global Compacts often includes sustainable development, human rights, and global cooperation.

Statement 3 is incorrect because Global Compacts are generally not legally binding agreements; they are more about mutual commitments and cooperation.

Solution: b)

Statement 1 is correct as a Global Compact is an initiative that brings together countries or organizations to commit to shared goals and principles.

Statement 2 is correct because the focus of Global Compacts often includes sustainable development, human rights, and global cooperation.

Statement 3 is incorrect because Global Compacts are generally not legally binding agreements; they are more about mutual commitments and cooperation.

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