0 UPSC EXAM ENGLISH QUIZ 12.02.2025 Daily Quiz 1 / 5 Q1. Consider the following statements: 1. Gold investments in India rose 60% to $18 billion (about ₹1.5 lakh crore) in 2024, a big increase over last year, according to the World Gold Council. 2. RBI added 73 tonnes of gold to its foreign exchange reserves.This pushed the share of gold to a record 21%. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Gold investments in India rose 60% to $18 billion (about ₹1.5 lakh crore) in 2024, a big increase over last year, according to the World Gold Council. Key points of the report Gold investment demand in India 239 tonnes in 2024, the highest since 2013. 29% increase over 2023 (185 tonnes). Global gold demand: 25% increase from 945.5 tonnes in 2023. Future outlook: Gold demand expected to increase further, especially in gold exchange-traded funds (ETFs) and mutual funds. 2025 scenario: Central banks and gold exchange traded funds (ETFs) will play a key role in boosting demand. India RBI added 73 tonnes of gold to its foreign exchange reserves. This pushed the share of gold to a record 11%. 2 / 5 Q2. Consider the following statements: 1. Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for extension of tenure of National Commission for Safai Karamcharis (NCSK) for a period of three years beyond 31.03.2025 (i.e. upto 31.03.2028). 2. The total financial implication for the three year extension of NCSK would be about Rs. 40.91 crore. 3. NCSK was constituted in 1994 as a statutory body under the ‘National Commission for Safai Karamcharis Act, 1993’. Which of the statements given above is/are correct? 1 and 2 are correct 1 and 3 are correct 2 and 3 are correct All of the above Explanation: Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for extension of tenure of National Commission for Safai Karamcharis (NCSK) for a period of three years beyond 31.03.2025 (i.e. upto 31.03.2028). The total financial implication for the three year extension of NCSK would be about Rs. 50.91 crore. This would help in facilitating socio-economic upliftment of Safai Karamcharis, improving working conditions in the sanitation sector and achieving the goal of zero fatality rate while performing hazardous sanitation jobs. National Commission for Safai Karmcharis NCSK was constituted in 1994 as a statutory body under the ‘National Commission for Safai Karamcharis Act, 1993’. As per Section 1 of the Act, NCSK was to cease to exist after 31.3.1997. However, the validity of the Act was extended up to February 2004 by two amendments. With the lapsing of the “The National Commission for Safai Karamcharis Act, 1993” in 2004, the Commission is acting as a Non-Statutory body of the Ministry of Social Justice and Empowerment. However, the Commission’s tenure is extended from time to time through Government Resolutions. 3 / 5 Q3. Consider the following statements: 1. Central Advisory Committee for Pradhan Mantri Scheduled Castes Abyudaya Yojana met under the chairmanship of Dr. Virendra Kumar, Union Minister for Social Justice and Empowerment and Chairman of the CAC. 2. Pradhan Mantri Scheduled Castes Abyudaya Yojana aims to generate additional employment opportunities for Scheduled Caste communities through skill development, income-generating schemes and other initiatives. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Central Advisory Committee (CAC) for Pradhan Mantri Scheduled Castes Abyudaya Yojana (PM-AJAY) met under the chairmanship of Dr. Virendra Kumar, Union Minister for Social Justice and Empowerment and Chairman of the CAC. The meeting discussed the progress of the scheme and to prepare strategies for socio-economic upliftment of the Scheduled Caste (SC) community across the country. Pradhan Mantri Anusuchit Jaati Abhyuday Yojana (PM-AJAY) Pradhan Mantri Anusuchit Jaati Abhyuday Yojana (PM-AJAY), a Centrally Sponsored Scheme was launched in 2021-22 by merging three existing schemes: Special Central Assistance to Scheduled Caste Sub-Plan (SCA to SCSP). Babu Jagjivan Ram Chatrawas Yojana (BJRCY). Pradhan Mantri Adarsh Gram Yojana (PMAGY). Objectives Generate additional employment opportunities for SC communities through skill development, income-generating schemes, and other initiatives. Ensure the development of adequate infrastructure and necessary services in the SC-dominated villages. Increase literacy and encourage SCs enrolment in schools and higher educational institutions by providing residential facilities in quality institutions, as well as residential schools in aspirational districts and SC-dominated blocks. 4 / 5 Q4. Consider the following statements: 1. Golden Peacock Award has been conferred to Coal India. 2. This recognition shows CIL’s unwavering commitment to driving meaningful social impact. The company’s CSR initiatives have positively impacted over 35 million lives. 3. In the past five years, CIL has been the highest CSR spender among Central Public Sector Undertakings (CPSEs). Which of the statements given above is/are correct? 1 and 2 are correct 1 and 3 are correct 2 and 3 are correct All of the above Explanation: At the 19th International Conference on Corporate Social Responsibility, Coal India Ltd. (CIL) received the Golden Peacock CSR Award 2024. P.M. Prasad, Chairman, CIL received the award at a ceremony organized by the Institute of Directors. This recognition shows CIL’s unwavering commitment to driving meaningful social impact. The company’s CSR initiatives have positively impacted over 35 million lives. In the past five years, CIL has been the highest CSR spender among Central Public Sector Undertakings (CPSEs). The CIL spends more than 70% of its CSR funds on Healthcare, Nutrition & Sanitation, and Education & Livelihood. CIL has constructed over 50,000 toilets under the Swachh Vidyalaya Abhiyan. 5 / 5 Q5. Consider the following statements: 1. Hindustan Aeronautics Limited renamed the HJT-36 jet trainer as ‘Yashas’. 2. It is powered by a FADEC-controlled AL-88I jet engine. It provides a best-in-class thrust-to-weight ratio. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Hindustan Aeronautics Limited (HAL) has renamed its flagship HJT-36 jet training aircraft as ‘Yashas’. Yashas’ has been designed for stage II pilot training. It is capable of performing counter-insurgency and counter-surface force operations and armament training, and aerobatics. It is powered by a FADEC-controlled AL-55I jet engine. It provides a best-in-class thrust-to-weight ratio. 'Yashas' has been unveiled at the ongoing Aero India 2025 in Bengaluru. For induction into service, the aircraft has been upgraded with state-of-the-art avionics and an ultra-modern cockpit. Your score is LinkedIn Facebook Twitter VKontakte Post navigation UPSC EXAM QUIZ 11.02.2025 ALL EXAM QUIZ 12.02.2025