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Daily-mcqs 08 Oct 2025
Q1:
Consider the following statements regarding the ILO report "The State of Social Justice: A Work in Progress": 1. The report highlights that over 50% of the global population is now covered by some form of social protection. 2. Child labour among children aged 5–14 has increased in recent years due to digital inequality. 3. The gender wage gap is projected to close within the next two decades if current trends continue. 4. The report links demographic shifts and environmental transitions as emerging global challenges to labour markets. Which of the statements given above is/are correct?
A: 1 and 4 only
B: 1,3 and 4 only
C: 1, 2 and 4 only
D: 1, 2, 3 and 4
Answer: A
Explanation:
Statement 1 is correct: The ILO report states that more than 50% of the global population is now covered by some form of social protection, reflecting positive progress in social development.
Statement 2 is incorrect: The report notes a decrease in child labour — from 250 million (1995) to 106 million (2025). Digital inequality is a challenge, but it is not linked to an increase in child labour.
Statement 3 is incorrect: While the report does mention the gender wage gap, it states that at the current pace, it will take 50–100 years to close — not within the next two decades.
Statement 4 is correct: The report clearly identifies demographic shifts (e.g., ageing population, youth bulges), digital transformation, and environmental transitions as key challenges that threaten to increase inequality and strain labour markets.
Q2:
Which of the following statements about the International Labour Organization (ILO) is/are correct? 1. The ILO is the only tripartite United Nations agency that brings together governments, employers, and workers. 2. The ILO’s headquarters is located in Geneva, Switzerland. 3. India is not a founding member of the ILO. 4. The ILO publishes the annual Global Wage Report. Select the correct answer using the code below:
A: 1 and 2 only
B: 1,2 and 4 only
C: 2 ,3 and 4 only
D: 1, 2, 3 and 4
Answer: B
Explanation:
Statement 1 is correct: The ILO is the only UN agency with a tripartite structure, meaning it includes governments, employers, and workers in its decision-making.
Statement 2 is correct: The ILO's headquarters is in Geneva, Switzerland.
Statement 3 is incorrect: India is a founding member of the ILO. It joined the organization in 1919, even before gaining independence in 1947.
Statement 4 is correct: The ILO publishes various global reports, including the Global Wage Report, which analyses global wage trends and inequality.
Q3:
Which of the following statements about the 2025 Nobel Prize in Physics is/are correct? 1. The Prize was awarded to John Clarke, Michel H. Devoret, and John M. Martinis. 2. It was awarded “for the discovery of macroscopic quantum mechanical tunnelling and energy quantisation in an electric circuit.” 3. Their experiments involved semiconductors operating at room temperature to demonstrate quantum effects. Select the correct answer using the code:
A: 1 and 2 only
B: 1 and 3 only
C: 2 and 3 only
D: 1, 2, and 3
Answer: A
Explanation:
Statement 1 is correct — the laureates are John Clarke, Michel H. Devoret, and John M. Martinis.
Statement 2 is correct — the award was given for the discovery of macroscopic quantum mechanical tunnelling and energy quantisation in an electric circuit.
Statement 3 is incorrect — their experiments used superconducting circuits (not semiconductors), and operated at low temperatures (to maintain superconductivity).
Q4:
Consider the following statements about Securities Transaction Tax (STT): 1. STT is levied on the purchase and sale of securities listed on recognized stock exchanges in India. 2. STT is collected by the Securities and Exchange Board of India (SEBI). 3. STT rates vary depending on the type of transaction, such as delivery-based or intraday trading. 4. STT was introduced to curb black money and reduce tax evasion in securities trading. Which of the statements given above are correct?
A: 1 and 2 only
B: 1,3 and 4 only
C: 2 ,3 and 4 only
D: 1, 2, 3 and 4
Answer: B
Explanation:
Statement 1 is correct: STT is indeed levied on the purchase and sale of securities (shares, derivatives, equity-oriented mutual funds) listed on recognized stock exchanges in India.
Statement 2 is incorrect: STT is collected by the stock exchanges on behalf of the government, not by SEBI. SEBI is the regulator but does not collect STT.
Statement 3 is correct: STT rates differ based on the type of transaction — delivery-based equity transactions have different rates than intraday or futures & options trading.
Statement 4 is correct: STT was introduced in 2004 with the aim to curb black money and reduce tax evasion in securities trading by formalizing transaction taxation.
Q5:
Which of the following is NOT a category in which Nobel Prizes are awarded?
A: Physics
B: Chemistry
C: Economics
D: Mathematics
Answer: D
Explanation:
The Nobel Prizes are awarded in the fields of Physics, Chemistry, Medicine (Physiology), Literature, and Peace. An additional prize in Economic Sciences was established in 1968 by the Swedish central bank in memory of Alfred Nobel. However, there is no Nobel Prize for Mathematics.