Insights Current Affairs Quiz – 19
23 September 2015
From today onwards, we will be starting current events quiz. The quiz will have 5-10 MCQs every day. The questions are mainly framed from The Hindu news articles.
Hope you enjoy this quiz. If you like it, then please share it. Thank you.
INSIGHTS CURRENT EVENTS QUIZ 2015-16
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The following Quiz is based on the current events that we post every day on our website.
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Question 1 of 6
1. Question
1 pointsWhich one of the following countries does not open out to the Red Sea?
Correct
Ans: d.
Incorrect
Ans: d.
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Question 2 of 6
2. Question
1 pointsThe monthly compilation of the Index of Industrial Production is an activity carried out by the
Correct
Ans: d.
The Central Statistical Office which is one of the two wings of the National Statistical Organisation (NSO) is responsible for coordination of statistical activities in the country and for evolving and maintaining statistical standards. Its activities include: compilation of National Accounts; conduct of Annual Survey of Industries and Economic Censuses, compilation of Index of Industrial Production, as well as Consumer Price Indices. It also deals with various social statistics, training, international cooperation, Industrial Classification etc.
http://mospi.nic.in/Mospi_New/site/inner.aspx?status=2&menu_id=92
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Incorrect
Ans: d.
The Central Statistical Office which is one of the two wings of the National Statistical Organisation (NSO) is responsible for coordination of statistical activities in the country and for evolving and maintaining statistical standards. Its activities include: compilation of National Accounts; conduct of Annual Survey of Industries and Economic Censuses, compilation of Index of Industrial Production, as well as Consumer Price Indices. It also deals with various social statistics, training, international cooperation, Industrial Classification etc.
http://mospi.nic.in/Mospi_New/site/inner.aspx?status=2&menu_id=92
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Question 3 of 6
3. Question
1 pointsWith reference to ‘Paryushan’, which of the following is/are correct?
- Its objectives are similar to those in the practice of Santhara
- Its origins lay in historical agricultural lifestyles, specifically in avoidance of killing insects in the post-monsoon period when there was a break in agricultural work
- Both, Shvetambars as well as Digambars observe the ritual
Choose the correct answer:
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Question 4 of 6
4. Question
1 pointsWhich among the following statements about the ‘Indian Roller’ is correct?
Correct
Ans: d.
The Indian Roller is the state bird of Telangana, but not an endangered species.
Incorrect
Ans: d.
The Indian Roller is the state bird of Telangana, but not an endangered species.
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Question 5 of 6
5. Question
1 pointsConsider the following statements about ‘tax expenditure’:
- It is an indicator of revenue foregone
- It is the quantum of revenue that has been waived by the government
- Positive externalities by the way of ancillary economic gains due to the progress of any sector are factored in the determination of revenue foregone
Which of the above statements are incorrect?
Correct
Ans: b.
Though also known as ‘revenue foregone’, it does not imply that this quantum of revenue has been waived by the government. Rather, in some cases, this could be seen as targeted incentives for the promotion of certain sectors that may not otherwise, in the absence of such incentives, have come up. Further, the positive externalities by the way of ancillary economic gains due to the progress of any sector are also not factored in the determination of revenue foregone of any sector.
Economic Survey 2014-15, Volume 2
Incorrect
Ans: b.
Though also known as ‘revenue foregone’, it does not imply that this quantum of revenue has been waived by the government. Rather, in some cases, this could be seen as targeted incentives for the promotion of certain sectors that may not otherwise, in the absence of such incentives, have come up. Further, the positive externalities by the way of ancillary economic gains due to the progress of any sector are also not factored in the determination of revenue foregone of any sector.
Economic Survey 2014-15, Volume 2
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Question 6 of 6
6. Question
1 pointsWhich of the following statements about ‘Codex Alimentarius’ is/are true?
- It is an internationally recognised body for determining international food standards
- It is a non-governmental organization which actively engages with governments
Select the correct answer using the codes given below.
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