Current Affairs Quiz 30 May 2025
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Current Affairs Quiz 30 May 2025 For UPSC Exam
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- Question 1 of 5
1. Question
Consider the following statements regarding the United States Court of International Trade (CIT):
1. The CIT is an Article III court that deals primarily with cases involving international trade and customs laws.
2. It has nationwide jurisdiction over civil actions against the United States arising out of import transactions.
3. The CIT is headquartered in New York City.
4. Appeals from the CIT decisions go directly to the U.S. Supreme Court.
How many of the above statements are correct?CorrectAnswer: (c)Only three
Explanation:
• Statement 1 is correct – CIT is an Article III federal court focused on international trade and customs law cases.
• Statement 2 is correct – It has nationwide jurisdiction over civil actions relating to imports and tariffs.
• Statement 3 is correct – The CIT is headquartered in New York City.
• Statement 4 is incorrect – Appeals go to the U.S. Court of Appeals for the Federal Circuit, not directly to the Supreme Court.IncorrectAnswer: (c)Only three
Explanation:
• Statement 1 is correct – CIT is an Article III federal court focused on international trade and customs law cases.
• Statement 2 is correct – It has nationwide jurisdiction over civil actions relating to imports and tariffs.
• Statement 3 is correct – The CIT is headquartered in New York City.
• Statement 4 is incorrect – Appeals go to the U.S. Court of Appeals for the Federal Circuit, not directly to the Supreme Court. - Question 2 of 5
2. Question
Consider the following statements regarding Unmanned Aerial Vehicles (UAVs):
1. UAVs are classified only as military assets and are not used for civilian purposes.
2. In India, the Directorate General of Civil Aviation (DGCA) regulates the operation of civil UAVs.
3. UAVs can’t be equipped with sensors such as LiDAR and infrared cameras for surveillance and mapping.
4. The Remotely Piloted Aircraft System (RPAS) Rules, 2021 govern UAV operations in India.
How many of the above statements are correct?CorrectAnswer: (b)Only two
Explanation:
• Statement 1 is incorrect – UAVs are used for both military and civilian purposes including agriculture, surveying, and delivery.
• Statement 2 is correct – The DGCA regulates civilian drone operations in India.
• Statement 3 is incorrect – UAVs can be equipped with sensors like LiDAR and infrared cameras for various applications.
• Statement 4 is correct – RPAS Rules, 2021 govern UAV operations in India.IncorrectAnswer: (b)Only two
Explanation:
• Statement 1 is incorrect – UAVs are used for both military and civilian purposes including agriculture, surveying, and delivery.
• Statement 2 is correct – The DGCA regulates civilian drone operations in India.
• Statement 3 is incorrect – UAVs can be equipped with sensors like LiDAR and infrared cameras for various applications.
• Statement 4 is correct – RPAS Rules, 2021 govern UAV operations in India. - Question 3 of 5
3. Question
Statement (S) and Reason (R):
Statement (S): The Border Security Force (BSF) has been deployed in states like Chhattisgarh and Manipur.
Reason (R): BSF is trained only for guarding international borders and cannot operate in internal security roles.
Choose the correct option:CorrectAnswer: (c)S is true, but R is false
Explanation:
• The BSF has been deployed in internal security roles in insurgency-affected areas like Chhattisgarh and Manipur.
• While primarily tasked with guarding international borders, BSF is also trained for internal security duties and counter-insurgency operations.IncorrectAnswer: (c)S is true, but R is false
Explanation:
• The BSF has been deployed in internal security roles in insurgency-affected areas like Chhattisgarh and Manipur.
• While primarily tasked with guarding international borders, BSF is also trained for internal security duties and counter-insurgency operations. - Question 4 of 5
4. Question
Fill in the blanks to complete the statements about F&O correctly:
1. A ______ contract gives the buyer the right but not the obligation to buy or sell an asset in the future.
2. In a futures contract, both parties are ______ to fulfill the terms at expiry.
3. The difference between the strike price and the market price in an options contract is known as the ______.
4. The value of both futures and options is derived from an ______ asset.
Choose the correct option:CorrectAnswer: (b)Options, obligated, premium, underlying
Explanation:
• Options contract: Right but not obligation.
• Futures contract: Both parties obligated.
• Premium: The price paid for the option contract.
• Underlying asset: Stocks, commodities, or indices from which derivatives derive value.IncorrectAnswer: (b)Options, obligated, premium, underlying
Explanation:
• Options contract: Right but not obligation.
• Futures contract: Both parties obligated.
• Premium: The price paid for the option contract.
• Underlying asset: Stocks, commodities, or indices from which derivatives derive value. - Question 5 of 5
5. Question
Consider the following statements about tobacco:
1. Tobacco is indigenous to Africa and was introduced to other parts of the world after European exploration.
2. India is the largest producer and consumer of tobacco globally.
3. Tobacco was traditionally used by indigenous American tribes for religious and medicinal purposes.
4. Tobacco cultivation in India is mainly concentrated in the northern Himalayan regions.
How many of the above statements are correct?CorrectAnswer: (b)Only two
Explanation:
• Statement 1 is incorrect – Tobacco is indigenous to the Americas, not Africa.
• Statement 2 is correct – India is one of the largest producers and consumers of tobacco globally.
• Statement 3 is correct – Indigenous American tribes traditionally used tobacco for religious and medicinal uses.
• Statement 4 is incorrect – Tobacco cultivation in India is mainly concentrated in states like Andhra Pradesh, Telangana, Gujarat, and Karnataka, not in the Himalayan region.IncorrectAnswer: (b)Only two
Explanation:
• Statement 1 is incorrect – Tobacco is indigenous to the Americas, not Africa.
• Statement 2 is correct – India is one of the largest producers and consumers of tobacco globally.
• Statement 3 is correct – Indigenous American tribes traditionally used tobacco for religious and medicinal uses.
• Statement 4 is incorrect – Tobacco cultivation in India is mainly concentrated in states like Andhra Pradesh, Telangana, Gujarat, and Karnataka, not in the Himalayan region.