UPSC Daily Quiz 2 February 2026
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Vajiram & Ravi’s Daily UPSC Quiz is designed to help aspirants strengthen their preparation by focusing on current affairs and concepts from the UPSC Syllabus 2026 for both Prelims & Mains. It allows candidates to revise important topics while regularly assessing their understanding and progress. Practicing these quizzes daily can improve accuracy, speed, and problem-solving skills. This consistent practice also enhances confidence in tackling exam-level questions. Overall, it is a valuable tool for both UPSC Prelims preparation and Mains revision.
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Question 1 of 5
1. Question
1 pointsWith reference to Guru Ravidas, consider the following statements:
- He was a renowned saint known for his contributions to the Bhakti movement.
- He is traditionally considered a disciple of saint Kabir Das.
- The core of his philosophy was the rejection of the caste system and the promotion of human rights and dignity.
How many of the above statements are correct?
Correct
Answer: b
Explanation:
The Prime Minister recently inaugurated the Adampur Airport in Punjab and renamed it after Sri Sant Guru Ravidas Ji in a bid to honour the revered saint and social reformer on his birth anniversary.
About Guru Ravidas:
- Guru Ravidas (1377-1527 C.E.) was a renowned saint known for his contributions to the Bhakti movement.
- His devotional songs and verses made a lasting impact upon the Bhakti Movement.
- Guru Ravidas is also known as Raidas, Rohidas, and Ruhidas.
- Ravidas was born in a village called Sir Gobardhanpur, near Varanasi in Uttar Pradesh,
- Today, his birthplace is a special place known as Shri Guru Ravidass Janam Asthan.
- His birthday is celebrated as Ravidas Jayanti.
- Ravidas is traditionally seen as a student of the bhakti-poet Ramananda.
- He is also thought to have lived around the same time as Kabir, another famous poet-saint.
- He was a well-known poet. His poems, written in local languages, inspired many people.
- 41 of his devotional songs and poems are found in the Sikh holy book, the Guru Granth Sahib.
- Many of his poems are also in the Panch Vani text of the Dadu Panthi tradition within Hinduism.
- Philosophy and Teachings:
- The core of Guru Ravidas’s philosophy was the rejection of the caste system and the promotion of human rights and dignity.
- He envisioned a society called ‘Beghumpura’ (a city without sorrow), where there is no suffering, no fear, and no discrimination.
- He also became a symbol of opposition to untouchability in society by the higher caste people for the lower caste people.
- He emphasised the philosophy of spiritual freedom.
- He abandoned the saguna (with attributes, image) forms of supreme beings and focussed on the nirguna (without attributes, abstract) form of supreme beings.
- Meera Bai, a revered figure in Hindu spiritualism, is said to have considered Guru Ravidas as her spiritual Guru.
- Ravidassia religion:
- The Guru’s teachings now form the basis of the Ravidassia religion.
- Ravidassias believe that Guru Ravidas should be treated as a saint just like the other gurus, as he lived before the first Sikh Guru, and his teachings were studied by the Sikh Gurus.
- The Ravidassia community adopted the Amrit Bani Guru Ravidass as its holy book and established its own symbols and rituals.
Hence option b is the correct answer.
Incorrect
Answer: b
Explanation:
The Prime Minister recently inaugurated the Adampur Airport in Punjab and renamed it after Sri Sant Guru Ravidas Ji in a bid to honour the revered saint and social reformer on his birth anniversary.
About Guru Ravidas:
- Guru Ravidas (1377-1527 C.E.) was a renowned saint known for his contributions to the Bhakti movement.
- His devotional songs and verses made a lasting impact upon the Bhakti Movement.
- Guru Ravidas is also known as Raidas, Rohidas, and Ruhidas.
- Ravidas was born in a village called Sir Gobardhanpur, near Varanasi in Uttar Pradesh,
- Today, his birthplace is a special place known as Shri Guru Ravidass Janam Asthan.
- His birthday is celebrated as Ravidas Jayanti.
- Ravidas is traditionally seen as a student of the bhakti-poet Ramananda.
- He is also thought to have lived around the same time as Kabir, another famous poet-saint.
- He was a well-known poet. His poems, written in local languages, inspired many people.
- 41 of his devotional songs and poems are found in the Sikh holy book, the Guru Granth Sahib.
- Many of his poems are also in the Panch Vani text of the Dadu Panthi tradition within Hinduism.
- Philosophy and Teachings:
- The core of Guru Ravidas’s philosophy was the rejection of the caste system and the promotion of human rights and dignity.
- He envisioned a society called ‘Beghumpura’ (a city without sorrow), where there is no suffering, no fear, and no discrimination.
- He also became a symbol of opposition to untouchability in society by the higher caste people for the lower caste people.
- He emphasised the philosophy of spiritual freedom.
- He abandoned the saguna (with attributes, image) forms of supreme beings and focussed on the nirguna (without attributes, abstract) form of supreme beings.
- Meera Bai, a revered figure in Hindu spiritualism, is said to have considered Guru Ravidas as her spiritual Guru.
- Ravidassia religion:
- The Guru’s teachings now form the basis of the Ravidassia religion.
- Ravidassias believe that Guru Ravidas should be treated as a saint just like the other gurus, as he lived before the first Sikh Guru, and his teachings were studied by the Sikh Gurus.
- The Ravidassia community adopted the Amrit Bani Guru Ravidass as its holy book and established its own symbols and rituals.
Hence option b is the correct answer.
-
Question 2 of 5
2. Question
1 pointsThe primary objective of the Mahatma Gandhi Gram Swaraj Initiative (MGGSI), recently seen in the news, is to strengthen which of the following sectors?
Correct
Answer: c
Explanation:
In the Union Budget 2026-27 presented recently, the Finance Minister announced the launch of the Mahatma Gandhi Gram Swaraj Initiative aimed at strengthening Khadi, handloom, and handicrafts.
About Mahatma Gandhi Gram Swaraj Initiative (MGGSI):
- It was announced in the Union Budget 2026-27 to strengthen India’s traditional craft sectors.
- It is a major initiative to strengthen the khadi, handloom, and handicrafts sector by improving global market access, branding, and market linkages.
- It is aimed at making traditional rural industries more competitive while ensuring sustainable livelihoods for artisans and weavers.
- The programme mainly targets weavers, village industries, beneficiaries of the One District One Product (ODOP) initiative, and rural youth, and MGGSI aims to address structural challenges.
- These include fragmented supply chains, inconsistent quality standards, and limited market connectivity.
- MGGSI encourages artisans to adopt modern production methods. This would be done while preserving traditional craftsmanship.
- The initiative also focuses on improving market access by better branding and marketing to enable artisans to reach organised retail, export markets, and online platforms.
- It aligns with the “Vocal for Local” philosophy and efforts to strengthen micro, small, and medium enterprises (MSMEs).
- By reinforcing traditional industries, the initiative seeks to generate sustainable employment, reduce rural distress, and promote locally produced goods, thereby aligning with the broader vision of Atmanirbhar Bharat.
Hence option c is the correct answer.
Incorrect
Answer: c
Explanation:
In the Union Budget 2026-27 presented recently, the Finance Minister announced the launch of the Mahatma Gandhi Gram Swaraj Initiative aimed at strengthening Khadi, handloom, and handicrafts.
About Mahatma Gandhi Gram Swaraj Initiative (MGGSI):
- It was announced in the Union Budget 2026-27 to strengthen India’s traditional craft sectors.
- It is a major initiative to strengthen the khadi, handloom, and handicrafts sector by improving global market access, branding, and market linkages.
- It is aimed at making traditional rural industries more competitive while ensuring sustainable livelihoods for artisans and weavers.
- The programme mainly targets weavers, village industries, beneficiaries of the One District One Product (ODOP) initiative, and rural youth, and MGGSI aims to address structural challenges.
- These include fragmented supply chains, inconsistent quality standards, and limited market connectivity.
- MGGSI encourages artisans to adopt modern production methods. This would be done while preserving traditional craftsmanship.
- The initiative also focuses on improving market access by better branding and marketing to enable artisans to reach organised retail, export markets, and online platforms.
- It aligns with the “Vocal for Local” philosophy and efforts to strengthen micro, small, and medium enterprises (MSMEs).
- By reinforcing traditional industries, the initiative seeks to generate sustainable employment, reduce rural distress, and promote locally produced goods, thereby aligning with the broader vision of Atmanirbhar Bharat.
Hence option c is the correct answer.
-
Question 3 of 5
3. Question
1 pointsConsider the following statements regarding SHE Marts, recently seen in the news:
- They are planned as Government-run wholesale markets for self-help groups (SHGs).
- The main objective is to provide women entrepreneurs with better market access, branding opportunities, and sustainable income avenues.
Which of the statements given above is/are correct?
Correct
Answer: b
Explanation:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
The Finance Minister recently announced SHE-Mart, a new platform for women entrepreneurs.
About SHE Marts:
- SHE (Self-help Entrepreneur) Marts are planned as community-owned retail outlets that will be set up within cluster-level federations through enhanced and innovative finance instruments.
- It aims to provide women entrepreneurs with better market access, branding opportunities, and sustainable income avenues, while strengthening grassroots institutions such as self-help groups (SHGs).
- The proposal builds on the success of the Lakhpati Didi programme and signals a policy shift from micro-credit-led livelihoods to structured, women-owned enterprises.
- SHE Marts are meant to:
- Provide permanent retail points for SHG-made goods.
- Improve direct market access.
- Support value-added and processed products.
- Be backed by enhanced and innovative financing instruments.
Â
Hence only statement 2 is correct.
News:https://theprint.in/economy/budget-2026-farmers-women-entrepreneurs/2842838/
Incorrect
Answer: b
Explanation:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
The Finance Minister recently announced SHE-Mart, a new platform for women entrepreneurs.
About SHE Marts:
- SHE (Self-help Entrepreneur) Marts are planned as community-owned retail outlets that will be set up within cluster-level federations through enhanced and innovative finance instruments.
- It aims to provide women entrepreneurs with better market access, branding opportunities, and sustainable income avenues, while strengthening grassroots institutions such as self-help groups (SHGs).
- The proposal builds on the success of the Lakhpati Didi programme and signals a policy shift from micro-credit-led livelihoods to structured, women-owned enterprises.
- SHE Marts are meant to:
- Provide permanent retail points for SHG-made goods.
- Improve direct market access.
- Support value-added and processed products.
- Be backed by enhanced and innovative financing instruments.
Â
Hence only statement 2 is correct.
News:https://theprint.in/economy/budget-2026-farmers-women-entrepreneurs/2842838/
-
Question 4 of 5
4. Question
1 pointsWith reference to Securities Transaction Tax (STT), consider the following statements:
- It is a direct tax levied on the purchase and sale of securities listed on recognised stock exchanges in India.
- It is not applied if there is a loss incurred by you in the securities transaction.
- It is deducted at the time of the securities transaction itself.
How many of the above statements are correct?
Correct
Answer: b
Explanation:
The Finance Minister recently proposed to raise the Securities Transaction Tax (STT) on both futures and options by up to 150%.
About Securities Transaction Tax (STT):
- It is a direct tax levied on the purchase and sale of securities listed on recognised stock exchanges in India.
- It is levied and collected by the central government of India.
- It is applied irrespective of the profit or loss made by you in the transaction. It is levied directly on the value of the transaction.
- STT operates similarly to Tax Deducted at Source (TDS) in that it is deducted at the time of the transaction itself.
- The tax is paid directly to the government through the stock exchanges or other intermediaries involved in the transaction.
- Introduced through the Finance Act of 2004, STT was designed to simplify taxation on securities trading and curb tax evasion in the capital market.
- STT is governed by the Securities Transaction Tax Act (STT Act), and STT Act has specifically listed various taxable securities transactions, i.e., transactions on which STT is leviable.
- Taxable securities include equities, derivatives, or equity-oriented mutual funds investment units (excluding commodities and currency).
- It also includes unlisted shares sold under an offer for sale to the public included in IPO and where such shares are subsequently listed in stock exchanges.
- STT is not applicable to off-market transactions or to commodity or currency transactions.
- The rate of taxation is different for different types of securities.
- The government has the authority to revise STT rates periodically.
Hence option b is the correct answer.
Incorrect
Answer: b
Explanation:
The Finance Minister recently proposed to raise the Securities Transaction Tax (STT) on both futures and options by up to 150%.
About Securities Transaction Tax (STT):
- It is a direct tax levied on the purchase and sale of securities listed on recognised stock exchanges in India.
- It is levied and collected by the central government of India.
- It is applied irrespective of the profit or loss made by you in the transaction. It is levied directly on the value of the transaction.
- STT operates similarly to Tax Deducted at Source (TDS) in that it is deducted at the time of the transaction itself.
- The tax is paid directly to the government through the stock exchanges or other intermediaries involved in the transaction.
- Introduced through the Finance Act of 2004, STT was designed to simplify taxation on securities trading and curb tax evasion in the capital market.
- STT is governed by the Securities Transaction Tax Act (STT Act), and STT Act has specifically listed various taxable securities transactions, i.e., transactions on which STT is leviable.
- Taxable securities include equities, derivatives, or equity-oriented mutual funds investment units (excluding commodities and currency).
- It also includes unlisted shares sold under an offer for sale to the public included in IPO and where such shares are subsequently listed in stock exchanges.
- STT is not applicable to off-market transactions or to commodity or currency transactions.
- The rate of taxation is different for different types of securities.
- The government has the authority to revise STT rates periodically.
Hence option b is the correct answer.
-
Question 5 of 5
5. Question
1 pointsConsider the following statements regarding Basic Customs Duty (BCD):
- It is a type of tax imposed on goods imported into India.
- It is calculated on an ad-valorem rate based on the value of goods.
Which of the statements given above is/are correct?
Correct
Answer: c
Explanation:
Bringing immediate relief to patients with cancer and rare diseases, Union Budget 2026-27 proposed a full exemption of basic customs duty on 17 cancer-related drugs and medicines.
About Basic Customs Duty (BCD):
- BCD is a type of tax imposed on goods imported into India.
- It is levied on imported items under Section 12 of the Customs Act, 1962. The tax rate is levied as per the First Schedule to Customs Tariff Act, 1975.
- Purpose: To protect domestic industries from foreign competition, regulate trade, and generate revenue for the government.
- BCD is calculated as a percentage of the value of the imported goods, determined based on the customs tariff, i.e., it is fixed based on the ad-valorem.
- It can significantly impact the total landed cost of the imported items.
- BCD rates usually range from 5% to 40% and depend on the item’s category and country of origin.
- The Central Government holds the power to exempt specific goods from tax.
- The calculation of BCD involves several steps:
- Classification of Goods: Imported goods are classified under specific Harmonized System (HS) codes, which determine the applicable duty rate.
- Assessment of Value: The value of the goods is assessed based on the transaction value, including the cost of goods, insurance, and freight (CIF).
- Application of Duty Rate: The BCD Tax rate is applied to the assessed value to determine the duty payable.
Hence both statements are correct.
News:https://www.thehindu.com/business/budget/budget-2026-cancer-drugs-custom-duties/article70577841.ece
Incorrect
Answer: c
Explanation:
Bringing immediate relief to patients with cancer and rare diseases, Union Budget 2026-27 proposed a full exemption of basic customs duty on 17 cancer-related drugs and medicines.
About Basic Customs Duty (BCD):
- BCD is a type of tax imposed on goods imported into India.
- It is levied on imported items under Section 12 of the Customs Act, 1962. The tax rate is levied as per the First Schedule to Customs Tariff Act, 1975.
- Purpose: To protect domestic industries from foreign competition, regulate trade, and generate revenue for the government.
- BCD is calculated as a percentage of the value of the imported goods, determined based on the customs tariff, i.e., it is fixed based on the ad-valorem.
- It can significantly impact the total landed cost of the imported items.
- BCD rates usually range from 5% to 40% and depend on the item’s category and country of origin.
- The Central Government holds the power to exempt specific goods from tax.
- The calculation of BCD involves several steps:
- Classification of Goods: Imported goods are classified under specific Harmonized System (HS) codes, which determine the applicable duty rate.
- Assessment of Value: The value of the goods is assessed based on the transaction value, including the cost of goods, insurance, and freight (CIF).
- Application of Duty Rate: The BCD Tax rate is applied to the assessed value to determine the duty payable.
Hence both statements are correct.
News:https://www.thehindu.com/business/budget/budget-2026-cancer-drugs-custom-duties/article70577841.ece
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UPSC Daily Quiz FAQs
Q1. What is the Daily UPSC Quiz?+
Ans. The Daily UPSC Quiz is a set of practice questions based on current affairs, static subjects, and PYQs that help aspirants enhance retention and test conceptual clarity regularly.
Q2. How is the Daily Quiz useful for UPSC preparation?+
Ans. Daily quizzes support learning, help in revision, improve time management, and boost accuracy for both UPSC Prelims and Mains through consistent practice.
Q3. Are the quiz questions based on the UPSC syllabus?+
Ans. Yes, all questions are aligned with the UPSC Syllabus 2025, covering key areas like Polity, Economy, Environment, History, Geography, and Current Affairs.
Q4. Are solutions and explanations provided with the quiz?+
Ans. Yes, each quiz includes detailed explanations and source references to enhance conceptual understanding and enable self-assessment.
Q5. Is the Daily UPSC Quiz suitable for both Prelims and Mains?+
Ans. Primarily focused on Prelims (MCQ format), but it also indirectly helps in Mains by strengthening subject knowledge and factual clarity.
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