Streak Daily Compilation of Questions & Videos: Aug 21, 2021

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I. UPSC Daily Study Plan For 2021 and 2022 || STREAK

II. UPSC PRELIMS-2021: Economy Current Affairs Most Probable Questions

Q1) Which of the following statement(s) is/are correct with respect to Arctic Amplification.

  1. The phenomenon highlights that over the past 30 years, the Arctic has warmed at roughly twice the rate as the entire globe.
  2. Iodic acid (HIO3) is one of the aerosol particles responsible for Arctic Amplification or Arctic Warming.

Select the correct answer using the codes given below:

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Q2) Consider the following statements with respective to Vikas Engine.

  1. It is a family of Solid-propellant rocket engines which will be used in Aditya-L1 Mission.
  2. It is used in both Polar Satellite Launch Vehicle (PSLV) and the Geosynchronous Satellite Launch Vehicle (GSLV).

Which of the statement(s) given above is/are incorrect?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Q3) Consider the following statements with respect to Man Portable Antitank Guided Missile (MPATGM)

  1. It is a low weight man portable missile which follows fire and forgets principle.
  2. It has been developed indigenously by the Defence Research & Development Organisation (DRDO).

Which of the statement(s) given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Q4) Which of the following is/are the disadvantage/s of 3D Priniting?

  1. More time
  2. Limited raw materials
  3. Cybersecurity concerns
  4. High cost
  5. Limited size

(a) 1, 4 and 5 only

(b) 2, 3 and 5 only

(c) 1, 2 and 4 only

(d) All the above

Q5) Which of the following statement/s is/are correct with reference to “deep fakes”?

  1. It refers to the practice of setting up fictitious online profiles for luring another person into a fraudulent romantic relationship.
  2. Using AI algorithms a person’s words, head movements and expressions are transferred onto another person in a seamless fashion.

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

III. UPSC PRELIMS-2021: Most Probable Questions for UPSC Prelims 2021

Q1) Which of the following given below are the features of capitalist economy? 

1. Public ownership of means of production 

2. Production takes place for selling the output in the market 

3. Sale and purchase of labor services at a price called wage rate 

Select the correct answer using the codes given below

(a) 1 and 2

(b) 2 and 3

(c) 1, 2 and 3

(d) None of them

Q2)  Which of the following are the benefits of contract farming? 

1. Availability of quality seeds for farmers 

2. Assured procurement of the produce 

3. Reduction in price related risks 

4. New markets for farm products 

Select the correct answer using the codes given below

(a) 1, 2 and 3 only

(b) 2, 3 and 4 only

(c) 1,3 and 4 only

(d) All of them

Q3) Which of the following given below carry out the Buffer stocking operations in India? 

1. Food Corporation of India 

2. National Agricultural Cooperative Marketing Federation of India (NAFED) 

3. Small Farmers’ Agribusiness Consortium (SFAC) 

Select the correct answer using the codes given below

(a) 1 and 2

(b) 2 and 3

(c) 1, 2 and 3

(d) None of them

Q4) Consider the following statements

1. Angel investors are high net worth individuals who invest their personal income in business start-ups or small and medium scale companies. 

2. Exemption from angel tax for companies has been increased to 200 crores as per new rules.

Which of the following Statements are true?

(a) 1 only

(b) 2 only

(c) 1 and 2 only

(d) None of them

Q5)  Which of the following are the features of the Banking Regulation (Amendment) Act, 2020? 

  1. Issuance of shares and securities by cooperative banks 
  2. Supersession of Board of Directors 
  3.  Allowing the central bank to initiate a scheme for reconstruction or amalgamation
  4. Bringing all NBFCs under RBI regulation

 Select the correct answer using the codes given below 

(a) 1, 2 and 3 only

(b) 2, 3 and 4 only

(c) 1,3 and 4 only

(d) All of them

IV. Daily Dose: Complete Snapshots of Everyday News

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