Insights Current Affairs Quiz – 85
17 December 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 and PIB news articles.
This quiz is intended to introduce you to concepts and certain important facts. It is not a test of your knowledge. If you score less, please do not mind. Read again sources provided and try to remember better.
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 5
1. Question
1 pointsA granite bust of the 12th century social reformer ‘Basaveshwara’ was recently unveiled by the Prime Minister of India, in London. With reference to Basaveshwara, which of the following statements is/are correct?
- The main foundation stones of his revolutionary ideology were the concepts of ‘Sthavara’ and ‘Jangama’
- His principles of ‘Kayaka’ and ‘Dasoha’ are socio-economic in nature
Select the correct answer using codes given below:
Correct
Ans: c.
“Basaveshwara gave two important and innovative concepts called “Sthavara” and “Jangama”, the meaning of which is “Static’’ and ‘’Dynamic’’- respectively. Both of these concepts are the main foundation stones of the revolutionary ideology of Basavanna. By ridiculing the physical structure of temple and God; which are perishable, Basavanna gave a new dimension to the human body and soul (inner spirit), by which the self-respect of all human beings was boosted.”
“He gave two more very important socio-economic principles. They are- “Kayaka” (Work-Divine work) and “Dasoha” (Distrubution-Equal distribution). According to this, every individual of the society should take up the job of his choice and perform it with all sincerity. There is no discrimination in vocations. Kayaka must be followed by an accurate income. The income should not be more or less. There must be an equal income for equal work. The worker (Kayakajeevi) may lead his day-today life by his hard earned income. But he should not preserve the money or property for tomorrow. He must utilise the surplus money for the society and poors. This concept is called –“Dasoha”.”
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Incorrect
Ans: c.
“Basaveshwara gave two important and innovative concepts called “Sthavara” and “Jangama”, the meaning of which is “Static’’ and ‘’Dynamic’’- respectively. Both of these concepts are the main foundation stones of the revolutionary ideology of Basavanna. By ridiculing the physical structure of temple and God; which are perishable, Basavanna gave a new dimension to the human body and soul (inner spirit), by which the self-respect of all human beings was boosted.”
“He gave two more very important socio-economic principles. They are- “Kayaka” (Work-Divine work) and “Dasoha” (Distrubution-Equal distribution). According to this, every individual of the society should take up the job of his choice and perform it with all sincerity. There is no discrimination in vocations. Kayaka must be followed by an accurate income. The income should not be more or less. There must be an equal income for equal work. The worker (Kayakajeevi) may lead his day-today life by his hard earned income. But he should not preserve the money or property for tomorrow. He must utilise the surplus money for the society and poors. This concept is called –“Dasoha”.”
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Question 2 of 5
2. Question
1 pointsConsider the following statements:
- He established the ‘Anubhavamantapa’ which was a common forum for all, including women
- Discussions held in the Anubhavamantapa were written in the form of ‘Vachanas’
Which of the statements above is/are correct with regard to Kandukuri Veerasalingam?
Correct
Ans: d.
The above statements are associated with Basaveshwara.
“Basavanna brought the women folk to the forefront of the society and gave them courage to sit along with men and to express their inner feelings along with pains. Anubhavamantapa, which was established by him, was a common forum for all, including downtrodden, untouchables and women to discuss about the prevailing problems of socio, economic and political strata including religious and spiritual principles along with personal problems. Hence it was an open platform for all those activists who involved themselves in bringing a radical change in the contemporary society. Thus Anubhavamantapa was the first and foremost Parliament of India, where Sharanas (Citizens of welfare society) sat together and discussed about the socialistic principles of a Democratic set up. All those discussions of Sharanas were written in the form of Vachanas and they form a dynamic type of constitution where Liberty, Equality and Fraternity are the prominent principles which are aiming towards social justice and progress.”
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Incorrect
Ans: d.
The above statements are associated with Basaveshwara.
“Basavanna brought the women folk to the forefront of the society and gave them courage to sit along with men and to express their inner feelings along with pains. Anubhavamantapa, which was established by him, was a common forum for all, including downtrodden, untouchables and women to discuss about the prevailing problems of socio, economic and political strata including religious and spiritual principles along with personal problems. Hence it was an open platform for all those activists who involved themselves in bringing a radical change in the contemporary society. Thus Anubhavamantapa was the first and foremost Parliament of India, where Sharanas (Citizens of welfare society) sat together and discussed about the socialistic principles of a Democratic set up. All those discussions of Sharanas were written in the form of Vachanas and they form a dynamic type of constitution where Liberty, Equality and Fraternity are the prominent principles which are aiming towards social justice and progress.”
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Question 3 of 5
3. Question
1 pointsWith reference to upper limits of investments in plant and machinery under the manufacturing sector, which of the following pairs is/are correctly matched?
- Micro Enterprise – twenty five lakh rupees
- Small Enterprise – one crore rupees
- Medium Enterprise – five crore rupees
Select the correct answer using codes given below:
Correct
Ans: a.
For the manufacturing sector, an enterprise is classified as:
- micro enterprise, if investment in plant and machinery does not exceed twenty five lakh rupees;
- small enterprise, if investment in plant and machinery is more than twenty five lakh rupees but does not exceed five crore rupees; or
- medium enterprise, if investment in plant and machinery is more than five crore rupees but does not exceed ten crore rupees;
In case, the enterprise is engaged in providing or rendering of services, it is classified as:
- micro enterprise, if investment in equipment does not exceed ten lakh rupees;
- small enterprise, if investment in equipment is more than ten lakh rupees but does not exceed two crore rupees; or
- medium enterprise, if investment in equipment is more than two crore rupees but does not exceed five crore rupees.
Page 14-15, Annual Report MSME 2014-15
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Incorrect
Ans: a.
For the manufacturing sector, an enterprise is classified as:
- micro enterprise, if investment in plant and machinery does not exceed twenty five lakh rupees;
- small enterprise, if investment in plant and machinery is more than twenty five lakh rupees but does not exceed five crore rupees; or
- medium enterprise, if investment in plant and machinery is more than five crore rupees but does not exceed ten crore rupees;
In case, the enterprise is engaged in providing or rendering of services, it is classified as:
- micro enterprise, if investment in equipment does not exceed ten lakh rupees;
- small enterprise, if investment in equipment is more than ten lakh rupees but does not exceed two crore rupees; or
- medium enterprise, if investment in equipment is more than two crore rupees but does not exceed five crore rupees.
Page 14-15, Annual Report MSME 2014-15
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Question 4 of 5
4. Question
1 pointsThe ‘Blue Growth Initiative’ was launched by the
Correct
Ans: a.
“The concept of a “blue economy” came out of the 2012 Rio+20 Conference and emphasizes conservation and sustainable management, based on the premise that healthy ocean ecosystems are more productive and a must for sustainable ocean-based economies. To support a shift to this new approach, FAO launched the Blue Growth Initiative, through which it will assist countries in developing and implementing blue economy and growth agendas.”
Incorrect
Ans: a.
“The concept of a “blue economy” came out of the 2012 Rio+20 Conference and emphasizes conservation and sustainable management, based on the premise that healthy ocean ecosystems are more productive and a must for sustainable ocean-based economies. To support a shift to this new approach, FAO launched the Blue Growth Initiative, through which it will assist countries in developing and implementing blue economy and growth agendas.”
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Question 5 of 5
5. Question
1 pointsThe ‘Blue Growth Initiative’ seeks to
Correct
Ans: d.
“The concept of a “blue economy” came out of the 2012 Rio+20 Conference and emphasizes conservation and sustainable management, based on the premise that healthy ocean ecosystems are more productive and a must for sustainable ocean-based economies. To support a shift to this new approach, FAO launched the Blue Growth Initiative, through which it will assist countries in developing and implementing blue economy and growth agendas.”
Incorrect
Ans: d.
“The concept of a “blue economy” came out of the 2012 Rio+20 Conference and emphasizes conservation and sustainable management, based on the premise that healthy ocean ecosystems are more productive and a must for sustainable ocean-based economies. To support a shift to this new approach, FAO launched the Blue Growth Initiative, through which it will assist countries in developing and implementing blue economy and growth agendas.”
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