Insights Current Affairs Quiz (2016) – 02
02 January 2016
The following quiz will have 5-10 MCQs . 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 relevant to UPSC IAS civil services preliminary exam 2016. 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.
Please try to enjoy questions, discuss the concepts and facts they try to test from you and suggest improvements.
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INSIGHTS CURRENT EVENTS QUIZ 2016
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The following Quiz is based on the Hindu, PIB and other news sources. It is a current events based quiz. Solving these questions will help retain both concepts and facts relevant to UPSC IAS civil services exam.
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Question 1 of 8
1. Question
1 pointsWhich wing of the NITI Aayog comprises of the Chief Ministers of all States and Lt. Governors of Union Territories?
Correct
Ans: d.
Governing Council: Comprising the Chief Ministers of all States and Lt. Governors of Union Territories.
Team India Wing comprising representatives from every State and Ministry, will serve as a permanent platform for national collaboration.
http://www.insightsonindia.com/2016/01/01/insights-daily-current-events-01-january-2016/
Incorrect
Ans: d.
Governing Council: Comprising the Chief Ministers of all States and Lt. Governors of Union Territories.
Team India Wing comprising representatives from every State and Ministry, will serve as a permanent platform for national collaboration.
http://www.insightsonindia.com/2016/01/01/insights-daily-current-events-01-january-2016/
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Question 2 of 8
2. Question
1 pointsSeveral state governments have come forward to implement direct benefit transfer (DBT) in kerosene in select districts. With reference to the case of kerosene in India, which of the following statements is/are correct?
- Public Distribution System (PDS) leakages increase with the size of PDS allocations
- For every 1 per cent rise in a state’s income, total kerosene consumption of that state declines by less than 1 per cent
- PDS kerosene allocations significantly exceed consumption in nearly every state
Select the correct answer using codes given below:
Correct
Ans: c.
“After the success of paying subsidy to LPG users in their bank accounts, the government will from April 1 roll out a similar programme for kerosene where the users will buy the cooking fuel at market rate but will get financial support directly in their bank accounts.”
For every 1 per cent rise in a state’s income, total kerosene consumption of that state declines by more than 1 per cent (1.5%, says the survey). Why does this matter? The policy implication is that kerosene allocations should ‘naturally’ decline over time.
PDS allocation of kerosene exceeds total (PDS and non-PDS) kerosene consumption in India. Thus, the unaccounted-for-subsidised-kerosene is indicative of illicit activities such as adulteration of petrol and diesel fuels.
“The Case of Kerosene” in Chapter 3, Economic Survey 2014-15 Volume 1
Incorrect
Ans: c.
“After the success of paying subsidy to LPG users in their bank accounts, the government will from April 1 roll out a similar programme for kerosene where the users will buy the cooking fuel at market rate but will get financial support directly in their bank accounts.”
For every 1 per cent rise in a state’s income, total kerosene consumption of that state declines by more than 1 per cent (1.5%, says the survey). Why does this matter? The policy implication is that kerosene allocations should ‘naturally’ decline over time.
PDS allocation of kerosene exceeds total (PDS and non-PDS) kerosene consumption in India. Thus, the unaccounted-for-subsidised-kerosene is indicative of illicit activities such as adulteration of petrol and diesel fuels.
“The Case of Kerosene” in Chapter 3, Economic Survey 2014-15 Volume 1
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Question 3 of 8
3. Question
1 pointsConsider the following statements:
- The poor – which comprises the Below Poverty Line and Antyodaya Anna Yojana card holders – consume lesser than 50 percent of subsidised kerosene
- PDS allocation of kerosene exceeds total (PDS and non-PDS) kerosene consumption in India
Which of the statements above is/are true?
Correct
Ans: c.
“The Case of Kerosene” in Chapter 3, Economic Survey 2014-15 Volume 1
Incorrect
Ans: c.
“The Case of Kerosene” in Chapter 3, Economic Survey 2014-15 Volume 1
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Question 4 of 8
4. Question
1 pointsThe ‘India Aspiration Fund’ by Small Industries Development Bank of India (SIDBI) is a fund
Correct
Ans: a.
“Currently, the government-backed India Aspiration Fund, announced in the Union Budget with a first tranche of Rs.2,000 crore, acts as a fund that allocates money to different domestic venture funds which provides seed funds to innovators and entrepreneurs.”
Incorrect
Ans: a.
“Currently, the government-backed India Aspiration Fund, announced in the Union Budget with a first tranche of Rs.2,000 crore, acts as a fund that allocates money to different domestic venture funds which provides seed funds to innovators and entrepreneurs.”
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Question 5 of 8
5. Question
1 pointsThe ‘Start Up India’ policy would attempt to address two key concerns the government wants to fix in India’s startup ecosystem. In this context, consider the following statements:
- Majority of successful startups re-locate out of India
- Majority of startup funding presently comes from foreign Venture Capital and Private Equity funds
- Indian startups do not have to adhere to any offsets policy, thus benefiting foreign manufacturers indirectly
Which of the above is/are these key concerns?
Correct
Ans: a.
Option ‘d’ can be eliminated because the question mentions that there are two key concerns.
“The Start Up India policy would attempt to address two key concerns the government wants to fix in India’s start-up ecosystem. Over 65 per cent of successful start-ups re-locate out of India owing to the difficulty of doing business, usually to Singapore. Secondly, 90 per cent of start-up funding presently comes from foreign VC and PE funds.”
Incorrect
Ans: a.
Option ‘d’ can be eliminated because the question mentions that there are two key concerns.
“The Start Up India policy would attempt to address two key concerns the government wants to fix in India’s start-up ecosystem. Over 65 per cent of successful start-ups re-locate out of India owing to the difficulty of doing business, usually to Singapore. Secondly, 90 per cent of start-up funding presently comes from foreign VC and PE funds.”
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Question 6 of 8
6. Question
1 pointsWith reference to the existing plan for NATGRID (National Intelligence Grid), which of the following statements is/are incorrect?
- The NATGRID database would be accessible only to authorised persons from 11 agencies
- This database will be accessible to these authorized persons, on a case-to-case basis
Select the correct answer using codes given below
Correct
Ans: d.
“According to the existing plan, NATGRID will become a secure centralised database to stream sensitive information from 21 sets of data sources such as banks, credit cards, visa, immigration and train and air travel details, as well as from various intelligence agencies. The database would be accessible to authorised persons from 11 agencies on a case-to-case basis, and only for professional investigations into suspected cases of terrorism. NATGRID was among the ambitious slew of intelligence reforms undertaken in the wake of the Mumbai attacks of November 2008.”
http://www.thehindu.com/opinion/editorial/revive-natgrid-with-safeguards/article8054989.ece
Incorrect
Ans: d.
“According to the existing plan, NATGRID will become a secure centralised database to stream sensitive information from 21 sets of data sources such as banks, credit cards, visa, immigration and train and air travel details, as well as from various intelligence agencies. The database would be accessible to authorised persons from 11 agencies on a case-to-case basis, and only for professional investigations into suspected cases of terrorism. NATGRID was among the ambitious slew of intelligence reforms undertaken in the wake of the Mumbai attacks of November 2008.”
http://www.thehindu.com/opinion/editorial/revive-natgrid-with-safeguards/article8054989.ece
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Question 7 of 8
7. Question
1 pointsWith reference to new official data having been revealed from the Census 2011, which of the following statements is/are correct?
- On average nationwide, Christians, followed by Muslims, have the most gender-equal child sex ratios
- For the country as a whole, Muslims have the lowest literacy rates for both men and women
Select the correct answer using codes given below:
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Question 8 of 8
8. Question
1 pointsFor the purpose of Census of India, child sex ratio is defined as
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