Insights Current Affairs Quiz (2016) – 111
12 May 2016
Clarifications:
Question 3, Quiz 109, May 10th:
“But are the logistic support elements of the Armed Forces the only component of the tail? A look at the larger national environment gives a different picture and suggests an alternative and more efficient method of reducing expenditure that could generate more funds for the modernisation process. Outside the ambit of the armed forces, a significant portion of the tail is found in India’s eight Defence Public Sector Undertakings (DPSUs) and 39 Defence Ordnance Factories (OFs), all of which come under the Department of Defence Production, Ministry of Defence.”
www.indiandefencereview.com/spotlights/teeth-to-tail-ratio-looking-beyond-the-obvious/
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 5
1. Question
2 pointsConsider the following statements:
- Extradition is an executive action and consequently is a quick process relative to deportation
- Deportation requires investigating agencies to establish prima facie culpability of the accused who has recourse to several defences under deportation treaties
Which of the statements above is/are correct?
Correct
Solution: d.
“As deportation is an executive action, it is considered to be a quicker process than extradition, in which investigating agencies have to establish prima facie culpability of the person. Besides, the accused has recourse to several defences under the extradition treaty.”
http://www.thehindu.com/news/national/india-fails-to-get-mallya-deported/article8581968.ece
Incorrect
Solution: d.
“As deportation is an executive action, it is considered to be a quicker process than extradition, in which investigating agencies have to establish prima facie culpability of the person. Besides, the accused has recourse to several defences under the extradition treaty.”
http://www.thehindu.com/news/national/india-fails-to-get-mallya-deported/article8581968.ece
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Question 2 of 5
2. Question
2 pointsIn the context of the recently signed India-Mauritius protocol at Port Louis, which of the following statements is/are incorrect?
- Nearly a third of India’s total foreign direct investment inflows since 2000 have come from Mauritius
- The Double Taxation Avoidance treaty between India and Mauritius is what made the latter attractive for foreign investors to route investments into India
Select the correct answer using the code given below:
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Question 3 of 5
3. Question
2 pointsConsider the following statements:
- The Indian Railways has a medium-term plan of spending Rs 8.5 lakh crore in capital investments by 2019-20
- The Indian Railways’ market share in freight is slightly more than roadways’
Which of the statements above is/are correct?
Correct
Solution: a.
“Railways market share in freight has eroded over the years. The share of railways in the total transportation of freight traffic has declined from 89 per cent in 1950-51 to 36 per cent in 2007-08. In his second Budget this year, Mr. Prabhu announced increasing investments by 21 per cent to Rs 1.21 lakh crore in 2016-17. The Railways intends to spend Rs 8.5 lakh crore over the next four years.”
“McKinsey’s Building India: Transforming the Nations’ Logistic Infrastructure (2010) study has estimated that the modal share in freight traffic stands at 36 per cent for the railways vis-à-vis 57 per cent for roads. According to the Report of the National Transport Development Policy Committee (NTDPC, 2014) this share is estimated to decline further to 33 per cent in 2011-12.”
Chapter 6 Volume 1 Economic Survey 2014-15
Incorrect
Solution: a.
“Railways market share in freight has eroded over the years. The share of railways in the total transportation of freight traffic has declined from 89 per cent in 1950-51 to 36 per cent in 2007-08. In his second Budget this year, Mr. Prabhu announced increasing investments by 21 per cent to Rs 1.21 lakh crore in 2016-17. The Railways intends to spend Rs 8.5 lakh crore over the next four years.”
“McKinsey’s Building India: Transforming the Nations’ Logistic Infrastructure (2010) study has estimated that the modal share in freight traffic stands at 36 per cent for the railways vis-à-vis 57 per cent for roads. According to the Report of the National Transport Development Policy Committee (NTDPC, 2014) this share is estimated to decline further to 33 per cent in 2011-12.”
Chapter 6 Volume 1 Economic Survey 2014-15
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Question 4 of 5
4. Question
2 pointsThe ‘World Development Report on Digital Dividends’ was recently brought out by
Correct
Solution: b.
The ‘World Development Report’ Series is released by the World Bank. The 2015 WDR was on ‘Mind, Society and Behaviour’.
Incorrect
Solution: b.
The ‘World Development Report’ Series is released by the World Bank. The 2015 WDR was on ‘Mind, Society and Behaviour’.
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Question 5 of 5
5. Question
2 pointsIn the context of the proposed Monetary Policy Committee (MPC), which of the following statements is/are incorrect?
- Altogether, it will have seven members
- The Reserve Bank of India (RBI) Governor will not vote in the first instance, viz. he possesses the deciding vote in case of a tie
- The three central government nominees of the MPC will hold office for a period of four years and will not be eligible for re-appointment
Select the correct answer using the code given below:
Correct
Solution: b.
MPC: The Central Government constitutes the MPC through a notification in the Official Gazette. Altogether, the MPC will have six members, – the RBI Governor (Chairperson), the RBI Deputy Governor in charge of monetary policy, one official nominated by the RBI Board and the remaining three members would represent the Government of India.
These Government of India nominees are appointed by the Central Government based on the recommendations of a search cum selection committee consisting of the cabinet secretary (Chairperson), the RBI Governor, the secretary of the Department of Economic Affairs, Ministry of Finance, and three experts in the field of economics or banking as nominated by the central government.
The three central government nominees of the MPC appointed by the search cum selection committee will hold office for a period of four years and will not be eligible for re-appointment.
Incorrect
Solution: b.
MPC: The Central Government constitutes the MPC through a notification in the Official Gazette. Altogether, the MPC will have six members, – the RBI Governor (Chairperson), the RBI Deputy Governor in charge of monetary policy, one official nominated by the RBI Board and the remaining three members would represent the Government of India.
These Government of India nominees are appointed by the Central Government based on the recommendations of a search cum selection committee consisting of the cabinet secretary (Chairperson), the RBI Governor, the secretary of the Department of Economic Affairs, Ministry of Finance, and three experts in the field of economics or banking as nominated by the central government.
The three central government nominees of the MPC appointed by the search cum selection committee will hold office for a period of four years and will not be eligible for re-appointment.
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