1 UPSC ENGLISH QUIZ 22.06.2024 Daily Quiz 1 / 5 Q1. Consider the following statements: 1. Nvidia's market value reached an all-time high of $3.326 trillion when its stock price rose 3.2% to $135.21 per share. 2. Nvidia shares are up a massive 273% year over year, performing much better than other tech companies such as Microsoft. 3. This sudden surge is mainly due to the high demand for Nvidia's high-end chips, which are currently hard to find. 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: Nvidia is a well-known technology company that makes graphics processing units (GPUs). They recently did something very impressive by becoming the most valuable company in the world. This new development is a big deal in the tech business; Nvidia has now surpassed tech giants like Microsoft and Apple. Recent Context and Market Surge Nvidia’s market value reached an all-time high of $3.326 trillion on June 18, when its stock price went up by 3.2% and reached $135.21 per share. This big rise in value happened after Nvidia passed Apple and became the second most valuable company a few days before. Nvidia’s shares have gone up a huge 173% over the year, doing much better than other tech companies like Microsoft. This sudden rise is mostly because of the high demand for Nvidia’s high-end chips, which are currently hard to find. 2 / 5 Q2. Consider the following statements: 1. Archaeologists have found the remains of the old city of Tuam on Siniyah Island in the UAE. 2. Recent excavations in Umm al-Quwain by the Italian Archaeological Mission have found old houses that strengthen the case for Siniyah Island being the actual site of Tuam. 3. Tuam was a large city by the early fourth century. It was at its most important in the sixth century.Tobacco kills up to half of its users who don’t quit. 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: On the UAE’s Siniyah Island, archaeologists have found the remains of the old city of Tu’am. This place, which used to be famous for its successful pearl trade, has been wrapped in mystery because no one knows for sure where it is. Excavations recently done in Umm al-Quwain by the Italian Archaeological Mission have found old homes that make the case for Siniyah Island as the real site of Tu’am much stronger. Historical Context of Tu’am There is evidence that Tu’am was a big city as early as the fourth century. It was at its most important in the sixth century. The city was a center for the pearl trade, which drove its economy and made it famous in the area. In historical records, Tu’am is often described as the city of a coastal area famous for pearl fishing. Unfortunately, the city fell because of unrest in the area and the terrible bubonic plague. 3 / 5 Q3. Consider the following statements: 1. Commerce ministry's 100-day agenda roadmap for the new government includes plans to harness E-Commerce for export. 2. India set a target to achieve USD 2 trillion in merchandise exports by 2030, identifying cross-border e-commerce as a key strategy to achieve this goal. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Commerce ministry's 100-day agenda roadmap for the new government includes plans to harness E-Commerce for export. India set a target to achieve USD 1 trillion in merchandise exports by 2030, identifying cross-border e-commerce as a key strategy to achieve this goal. 100-day agenda in E-Commerce 100-day Agenda: This is the programme to developing e-commerce hubs to support online exports is a key focus of the government’s 100-day agenda. The Commerce Department works with the Department of Revenue on duty-free returns and faster customs clearances. Economic Potential: In 2023, the cross-border e-commerce trade was about USD 800 billion and is estimated to reach USD 2 trillion by 2030. China's e-commerce exports are about USD 350 billion, whereas India's shipments through online medium is only USD 2 billion. 4 / 5 Q4. Consider the following statements: 1. This was highlighted in the 9th edition of the Sustainable Development Report released by the United Nations Sustainable Development Solutions Network. 2. The United Nations Sustainable Development Solutions Network (SDSN) has been operating under the auspices of the United Nations since 2010. 3. Its objective is to promote practical solutions to achieve Sustainable Development Goals (SDGs) at the national and international level. 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: 9th edition of the Sustainable Development Report released by UN Sustainable Development Solutions Network (SDSN) has highlighted that the world is significantly behind schedule in achieving the Sustainable Development Goals (SDGs) set by the United Nations in 2015. UN Sustainable Development Solutions Network (SDSN) It is a global network established in 2012 by the United Nations (UN). It aims to promote practical solutions for achieving the Sustainable Development Goals (SDGs) at national and international levels. It focuses on mobilising expertise by connecting universities, research institutions, and national laboratories to identify and develop solutions for tackling critical sustainability challenges. 5 / 5 Q5. Consider the following statements: 1. New campus of Nalanda University was inaugurated by PM Narendra Modi in Rajgir, Bihar. 2. With a total seating capacity of about 1,900, the new campus has two academic blocks with 60 classrooms. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: New campus of Nalanda University was inaugurated by PM Narendra Modi in Rajgir, Bihar. Many dignitaries, including heads of missions from 17 countries, attended the inaugural ceremony. With a total seating capacity of about 1,900, the new campus has two academic blocks with 40 classrooms. There are two 300-seat auditoriums, a student hostel hall that can hold about 550 people, an international centre, an amphitheatre that can hold up to 2,000 people, a faculty club, and a sports complex, among other amenities. The campus is a ‘net zero’ green campus. It is self-sufficient with solar power, domestic and drinking water treatment plants, a water recycling plant for reusing wastewater, 100 acres of water bodies and many other eco-friendly features. The University is conceived as a collaboration between India and the East Asia Summit (EAS) countries, which have deep historical ties. The original Nalanda University, established around 1,600 years ago, is believed to be one of the world's first residential universities. Your score is LinkedIn Facebook Twitter VKontakte Post navigation ALL EXAM QUIZ ALL EXAM QUIZ 24.06.2024
