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Convert IAS - Mains Answers Evaluation!

Q 5

Consider the following statement with respect to the generative artificial intelligence.

1. It is the part of Artificial Intelligence that can generate all kinds of data, including audio, code, images etc.

2. ChatGPT, DALL-E 2, and Bing AI are just some of the popular examples of generative AI tools.

3. Generative AI necessarily causes the unemployment crises across the countries.

4. Large language models (LLM) are a part of the generative AI.

5. For the works produced by generative AI like ChatGPT, copyright will be owned by the user who used the AI model like chatGPT to create the content.

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Q 2

Consider the following statement with respect to the coking coal.

1. The coal is 'baked' in a coke oven which adds impurities to produce coke, which is a form of almost impure carbon that is used in steel production.

2. Bharat Coking Coal Limited was incorporated in January, 1972 to operate coking coal mines.

3. India has emerged as one of the biggest importers of coking coal in the calendar year 2022

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MAINS ADD-ONS

Lithium reserve in India
#geography

Why in News: The Geological Survey of India recently identified a potential deposit of lithium in Jammu and Kashmir.
Major findings
👉GSI identified a potential deposit of 5.9 million tonnes of lithium in Reasi district's Salal-Haimana area.
👉It is first such findings anywhere in India
👉GSI said the site is an "inferred resource" of the metal, which means it is at a preliminary exploration stage
Significance of the findings
👉Discovery is potential "game changer" for the country's clean energy manufacturing ambitions
👉Reduce India's reliance on imports of lithium-ion cells which are a key component for EV batteries
Concerns
👉Lithium mining other countries for instance, has led to concerns over soil degradation, water shortages and contamination, air pollution and biodiversity loss
👉Reports indicate that approximately 2.2 million litres of water are needed to produce one tonne of lithium
👉Mining in the unstable Himalayan terrain is fraught with risks

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IPS-22/CSE-2021 cadre allocation list

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Q 5

What are social stock exchanges?

a. A stock exchange where only social media companies can be listed.

b. An exchange where people can buy and sell shares in social clubs and organizations.

c. A platform that facilitates the trading of securities issued by companies with a social or environmental purpose.

d. A type of exchange that specializes in trading commodities related to social issues, such as fair-trade coffee and sustainable clothing.

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Q 3

It contains mountains, grasslands, dry deciduous forests and cliffs which span over 800 square kilometres. This Tiger Reserve is nestled in the lap of Aravali hills. Neelkanth temple, built in the 6th century, is situated here. The temple has a collection of erotic statues. Bearing a similarity to Khajuraho, the temple is a famous tourist attraction.

Identify the name of the tiger reserve.

a. Mukundara tiger reserve

b. Ramgarh Vishdhari Tiger Reserve

c. Sariska tiger reserve

d. Tadoba Andhari tiger reserve

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Prelims pearls
02 March 2023
Q 1



With respect to the amended Foreign Contribution (Regulation) Act, consider the following statements.

1. Organisations receiving foreign funds will not be able to use more than 50 % of such funds for administrative purposes.

2. The Act prohibits receipt of foreign funds by judges and government servants.

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El Niño year: Impact in India
#Indiangeography

Why in news: In recent forecast, NOAA from the US has predicted the possibility of an El Niño year
About El Niño
👉It is the natural phenomenon wherein the ocean temperatures rise especially in parts of the Pacific ocean
Importance of Indian monsoon
👉The monsoon season begins on June 1 and is crucial for summer crops as it brings about 70% of India's annual rainfall.
👉It is critical to the country's agriculture,one of the mainstays of India's economy.
👉Monsoon rains are a lifeline for about 60% of the country's net cultivated area that has no irrigation.
👉The monsoon impacts inflation, jobs, and industrial demand.
Impact of El Niño on Indian monsoon
👉For India, El Niño creates dryer and hotter summers and a deficient monsoon
👉In about 50 per cent of the year with El Nino during summer, India experienced droughts during monsoon.
👉Prices of select food items could see a spike due to lower supply.

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Capital expenditure and it's multiplier effect
#indianeconomy

Why in news: The 2023-24 Union Budget increased capital expenditure
Reason for rise in capex
👉Consumption is the mainstay of the Indian economy, but investment can push it into a higher growth trajectory.
👉India's investment cycles have been closely linked to
domestic and global growth rates in the past
👉Public investment would crowd in private
corporate investment.
👉A rupee increase
in government capex result in a more than proportionate increase in GDP, mainly by crowding in private
investment
Key facts:
👉Each period of strong economic growth in India's post-1991 story has been backed by a surge in corporate investment.
👉Private corporate investment reached 17.3% of GDP in 2007-08; by 2019-20, it had dropped to 11%.
👉Private fixed investment dries up during uncertain times, such as the 2008 financial crisis or the 2020 pandemic.

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Today's Questions from current affairs: (28.02.2022)

1. What do you know about MIIRA intiative proposed by India. Discuss its significance. (150w,10m)

#GS2 - #schemes

Source: https://indianexpress.com/article/explained/miira-global-initiative-g20-miillets-india-importance-8469052

2. Explain the problem of twin-deficit that India is currently facing. Also discuss the way to resolve this issue. (150w,10m)

#GS3 - #indianeconomy

Source: https://indianexpress.com/article/opinion/columns/why-india-needs-stable-capital-flows-8470030

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Trends in unemployment rate in India
#Indianeconomy

Why in News: NSSO recently released 17th Periodic Labour Force Survey (PLFS).

Key findings:
👉Annual employment rate for 2021-22 is 4.1%.
👉It is lower since first report of PLFS in 2017-18
India's labour markets have recovered from the pandemic
👉Agriculture sector's employment share is
decreasing to 45.5%, below
the level seen in 2019-20.
👉It suggest the migrants moving back to the cities for work
👉The share of self employment continued to increase in 2021-22 reaching 17.5%. It is 4% higher than 2018 level
👉2021-22 also registered small increase in the share of regular wage and salaried workers but still below the pre pandemic level.

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Q 5

Consider the following statements with respect to the financial stability board (FSB).

1. Only G20 member countries can become members of the FSB.

2. The FSB represented the G7 leaders' first major international institutional innovation.

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Q 2

With respect to UPI-Pay Now link, consider the following statements.

1.  It increases the cross-border interoperability of payments using cards and QR codes.
2. The P2P remittances between India and Singapore are only allowed for purposes of “maintenance of relatives abroad” and “gifts”.
3. National Payments Corporation of India (NPCI) enabled international phone numbers to be able to transact using UPI for this purpose recently.

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We are Starting the Prelims Pearls Series in which we will be posting Important Current Affairs Questions from all the Topics in the Channel.

We hope this initiative will help you better judge your preparation and make you proactive!

All the best!
Team Convert IAS

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Q 4

With respect to the Palm oil imports, consider the following statements.

1. India’s palm oil imports increasing consistently since 2019.

2. India imports palm oil from Indonesia and Malaysia only.

3. The imports of palm oil depends on the international market price of sunflower oil and soy oil.

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Prelims pearls
03 March 2023


Q 1

What is the electronic bank realisation certificates (eBRC)?

a. A type of cryptocurrency
b. A proof that exports happened
c. An online money heist game
d. Central bank debt settlement mechanism

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Today's Questions from current affairs: (03.03.2023)

1. By highlighting the concerns in present method of appointment of election commissioners,discuss the importance of recent supreme court ruling in ensuring independent functioning of Election Commission. (250w,15m)

#GS2 - #indianpolity

Source: https://indianexpress.com/article/explained/explained-law/chief-election-commissioner-appointment-explained-supreme-court-ruling-8474745/

2. COVID 19 undermined decades of development gains in human development. In this context ,argue the need for establishing a comprehensive policy to strengthen human capital in India.

GS3 - #humandevelopment

Source: https://www.thehindu.com/opinion/op-ed/south-asias-human-capital-is-the-resilience-it-needs/article66573073.ece

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Q 4

With respect to the forest cover of India, consider the following statements.

1. The Forest Survey of India (FSI) publishes its biennial State of Forest reports.

2. India counts all plots of 1 hectare or above, with at least 10% tree canopy density, irrespective of land use or ownership, within forest cover.

3. The Forest Survey of India has listed three categories of forests i.e, dense, open and scrubs.

4. India’s forest cover is now 24 % of the country’s geographical area as per recent report.

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Q 2
Identify the incorrect statement with respect to ‘Yield curve’ and ‘Yield curve inversion’.

a. Yield curve inversion could denote an impending economic recession or slowdown.

b. Usually, the yield rises with an increase in the tenor of bonds.

c. Yield curve inversion occurs when RBI accepting banks’ demand for higher yield at the auction for the medium-term G-Sec.

d. Under normal circumstances, debt with longer maturities typically carry lower interest rates than nearer-term ones in a normal yield curve.

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Today's Questions from current affairs: (02.03.2023)

1. Addressing the specific biases and perceptions would aid in prevention of further harm to female education, career choices and job opportunities in STEM. Justify. (150w,10m)

#GS1 - #indiansociety

Source: https://www.thehindu.com/opinion/op-ed/phasing-out-the-line-math-is-not-for-a-girl/article66568747.ece

2. By tracing the origin and evolution of Foreign Contribution Regulation Authority of India, examine its effectiveness in prevention of foreign powers intervention in India's affairs. (250w,15m)

#GS2 - #statutoryact

Source: https://indianexpress.com/article/explained/fcra-licence-of-think-tank-cpr-suspended-what-is-fcra-8473866

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Today's Questions from current affairs:(01.03.2023)

1. To what extent, Indian government's "Adopt a heritage scheme" is effective in safeguarding India's pluralistic heritage.Evaluate. (250w,15m)

#GS1 - #artandculture

Source: https://www.thehindu.com/opinion/lead/a-thumbs-down-for-the-adopt-a-heritage-scheme/article66564327.ece

2.How are methane emissions driving the climate change? Also discuss the measures taken at international level in curbing methane emissions. (250w,15m)

#GS3- #environment

Source: https://indianexpress.com/article/explained/explained-climate/fossil-fuels-companies-failed-methane-emission-iea-8471708

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Today's Questions from current affairs: (27.02.2022)

1. Critically examine the provisions of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules in regulation of OTT platform in India.(250w,15m)

#GS2 - #indianpolity

Source : https://www.thehindu.com/opinion/op-ed/towards-transparency-in-ott-regulation/article66556360.ece

2. The complexity of managing the allocation of resources is a formidable challenge in the journey of fostering innovation in India. Comment. (250w,15m)

#GS3 - #scienceandtech

Source: https://www.thehindubusinessline.com/opinion/fixing-indias-rd-inadequacies/article66557197.ece

👉🏻Model Answers Monthly Compilation of the posted questions can be subscribed through the link below:
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Q 4

Consider the following statements with respect to Certificate of Deposit. Identify the wrong statement.


a. Certificate of Deposit is a negotiable, unsecured money market instrument issued by a bank as a usance promissory note against funds deposited at the bank for a maturity period up to one year.

b. CDs cannot be traded either in OTC markets or stock exchanges.

c. To bridge the short-term funding needs, banks are issuing CDs, which also provide them a cheaper avenue to raise funds.

d. The CDs issued by banks are subscribed by corporates and mutual funds.

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Q 1

Consider the following statements with respect to Neutrinos.
1. Neutrinos are the most abundant particles in the cosmos.
2. There are no existence of anti-neutrinos.
3. They are produced in high-energy processes such as within stars and in supernovae.

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