Rupee Depreciation occurs when its value falls relative to foreign currencies in the open market. Unlike devaluation, which is a policy-driven decision, depreciation results from market forces such as supply-demand, capital flows, and global economic conditions.
Reasons for Recent Decline in Rupee Value:
Internal Factors:
Rising Inflation: Higher domestic prices reduce the rupee’s real value, and inflation-driven production costs make Indian exports less competitive.
Widening Trade Deficit: Increased imports, especially of crude oil, heighten demand for foreign currencies.
Fiscal Deficit: Ongoing fiscal imbalances put downward pressure on the rupee.
Notes: The eUICC (Embedded Universal Integrated Circuit Card) technology allows remote carrier profile switching in devices. This programmable SIM is embedded within the devices and supports multiple carrier profiles, enabling users to switch carriers without needing to physically replace the SIM card. Virtual SIMs, Cellular IoT Modules, and Softphone Apps, although related to telecommunications technology, do not specifically provide the capability for remote carrier profile switching like eUICC.
3. Which of the following is/are correctly matched pairs?
Malabar Jews – One of the oldest Jewish communities in India
Romaniote Jews – An ancient Jewish community in Turkey
Kaifeng Jews – A small Jewish community in China
Beta Israel – Jewish community in Ethiopia
Select the correct option from the codes given below:
[A] Only 1 & 3 [B] Only 1, 3 & 4 [C] Only 2, 3 & 4 [D] 1, 2, 3 & 4
Notes: Among the given options, Malabar Jews are indeed one of the oldest Jewish communities in India, Kaifeng Jews are a small Jewish community in China, and Beta Israel represents the Ethiopian Jewish community. Romaniote Jews, however, belong to Greece, not Turkey. Thus, the correct answer is Only 1, 3 & 4. This reflects the accurate historical and geographical associations of these Jewish communities.
4. Which of the following statements is / are correct about Jewish communities in India?
Paradesi Jewish Community has its primary base in Kochi.
Bene Israel community settled in western India over 2,000 years ago.
Cochin Jews are the same as Paradesi Jews.
Select the correct option from the codes given below:
[A] Only 1 [B] Only 1 & 2 [C] Only 2 & 3 [D] 1, 2 & 3
Notes: The Paradesi Jewish Community indeed has a primary base in Kochi, and the Bene Israel community settled in western India over 2,000 years ago. However, Cochin Jews are distinct from Paradesi Jews, although both communities are located in Kerala. The Paradesi Jews are known to be of European and Middle Eastern origin, whereas the Cochin Jews are native to Kerala, with a presence dating back to ancient times.
5. Which of the following characteristics correctly describe programming languages?
Ada is used in critical systems like aerospace
Nim compiles to C/C++
Haskell is an object-oriented language
Select the correct option from the codes given below:
[A] Only 1 & 2 [B] Only 2 [C] 1, 2 and 3 [D] Only 1
Notes: Ada is indeed used in critical systems like aerospace because of its reliability and maintainability features. Nim compiles to C/C++ and is known for its readable syntax and fast execution. However, Haskell is not an object-oriented language; it is a functional programming language known for its strong static typing and emphasis on pure functions.
The above questions are part of Daily UPSC 20 Current Affairs MCQs Series in GKToday Android Application. This series can be subscribed in the app only for user friendly test with detailed answers and explanations. Download Now
The above questions are part of Daily UPSC 20 Current Affairs MCQs Series in GKToday Android Application. This series can be subscribed in the app only for user friendly test with detailed answers and explanations. Download Now
