QUIZ – 2016: Insights Current Affairs Quiz
August 4, 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.
Hope you enjoy this quiz. If you like it, then please share it. Thank you.
INSIGHTS CURRENT EVENTS QUIZ 2016
Quiz-summary
0 of 5 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
Information
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.
To view Solutions, follow these instructions:
-
Click on – ‘Start Quiz’ button
-
Solve Questions
-
Click on ‘Quiz Summary’ button
-
Click on ‘Finish Quiz’ button
-
Now click on ‘View Questions’ button – here you will see solutions and links.
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 5 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
| Average score |
|
| Your score |
|
Categories
- Not categorized 0%
| Pos. | Name | Entered on | Points | Result |
|---|---|---|---|---|
| Table is loading | ||||
| No data available | ||||
- 1
- 2
- 3
- 4
- 5
- Answered
- Review
-
Question 1 of 5
1. Question
2 points. The 122nd Amendment Bill, 2014 for the introduction of the Goods and Services Tax was recently passed in the Rajya Sabha. Arrange the following list of procedures sequentially that will now have to follow, in order to enable the rollout of GST:
- President’s assent
- Setting up GST council
- Ratification of the Bill by a minimum of 15 states in their respective assemblies
- Ratification of amendments, moved in the upper house, in Lok Sabha
Select the correct answer using the code given below:
Correct
Solution: d.
“After this, the Bill is slated to head back to Lok Sabha for the ratification of amendments moved in the Upper House, followed by the next crucial step — a ratification of the Bill by a minimum of 15 states in their respective assemblies. This will have to be followed by the President’s assent to the legislation to enable the rollout of GST by the intended deadline of April 1, 2017. From an operational perspective, after the Presidential assent, a GST Council with representatives from the Centre and states will have to be formed within 60 days of the enactment of the Bill. The Council will be entrusted with recommending the tax rates, including the band of rates for goods and services.”
—
Incorrect
Solution: d.
“After this, the Bill is slated to head back to Lok Sabha for the ratification of amendments moved in the Upper House, followed by the next crucial step — a ratification of the Bill by a minimum of 15 states in their respective assemblies. This will have to be followed by the President’s assent to the legislation to enable the rollout of GST by the intended deadline of April 1, 2017. From an operational perspective, after the Presidential assent, a GST Council with representatives from the Centre and states will have to be formed within 60 days of the enactment of the Bill. The Council will be entrusted with recommending the tax rates, including the band of rates for goods and services.”
—
-
Question 2 of 5
2. Question
2 pointsThe Committee headed by the Chief Economic Adviser on Possible Tax rates under GST had recommended a standard rate varying between 17 and 18 per cent. Which of the following statements is NOT correct in this regard?
Correct
Solution: b.
“The term revenue neutral rate (RNR) will refer to that single rate, which preserves revenue at desired (current) levels. The RNR should be distinguished from the “standard” rate defined as that rate in a GST regime which is applied to all goods and services whose taxation is not explicitly specified.”
“In the name of the people, I ask you to keep this rate at the rate recommended by your CEA (Chief Economic Advisor), namely, the standard rate should not exceed 18 per cent. I know you are not incorporating it in the Constitutional amendment Bill… but three months later, when you come back with the GST Bill (another enabling legislation), you must mention a tax rate,” Chidambaram said, underlining that his party will campaign throughout the country and lobby with other political parties to ensure that this rate is not more than 18 per cent.
Replying to the discussion later in the evening, Jaitley said that many states felt that coming down to 18 per cent from the present tax rates which add up to between 27 and 30 per cent was too steep a descent, too quickly. He said the report of the CEA had not recommended an 18 per cent rate but a band between 16.9 and 18.9 per cent. Jaitley pointed out that the CEA’s report was based on data of 2013-14 and it did not take into account the compensation that the Centre had agreed to pay to the states which fear loss of revenue in the initial few years. “If you add these two factors, the band suggested by the CEA goes up higher,” he said.
—
http://pib.nic.in/newsite/PrintRelease.aspx?relid=132570
—
Incorrect
Solution: b.
“The term revenue neutral rate (RNR) will refer to that single rate, which preserves revenue at desired (current) levels. The RNR should be distinguished from the “standard” rate defined as that rate in a GST regime which is applied to all goods and services whose taxation is not explicitly specified.”
“In the name of the people, I ask you to keep this rate at the rate recommended by your CEA (Chief Economic Advisor), namely, the standard rate should not exceed 18 per cent. I know you are not incorporating it in the Constitutional amendment Bill… but three months later, when you come back with the GST Bill (another enabling legislation), you must mention a tax rate,” Chidambaram said, underlining that his party will campaign throughout the country and lobby with other political parties to ensure that this rate is not more than 18 per cent.
Replying to the discussion later in the evening, Jaitley said that many states felt that coming down to 18 per cent from the present tax rates which add up to between 27 and 30 per cent was too steep a descent, too quickly. He said the report of the CEA had not recommended an 18 per cent rate but a band between 16.9 and 18.9 per cent. Jaitley pointed out that the CEA’s report was based on data of 2013-14 and it did not take into account the compensation that the Centre had agreed to pay to the states which fear loss of revenue in the initial few years. “If you add these two factors, the band suggested by the CEA goes up higher,” he said.
—
http://pib.nic.in/newsite/PrintRelease.aspx?relid=132570
—
-
Question 3 of 5
3. Question
2 pointsBihar recently brought amendments to its 4-month-old prohibition law. With reference to it, which of the following statements is/are correct?
- It makes all adults of a family responsible for the consumption and possession of liquor at home by any member of the family
- All sections of the act are non-bailable
- Finding utensils with a mix of sugar or jaggery with grapes implies that liquor-making is in progress
- Police can confiscate the premises where liquor is consumed or stored
- It includes tougher provisions against harassment by the police and excise officials
Select the correct answer using the code given below:
Correct
Solution: d.
http://indianexpress.com/article/explained/nitish-kumar-bihar-liquor-ban-new-provision-2952328/
—
Incorrect
Solution: d.
http://indianexpress.com/article/explained/nitish-kumar-bihar-liquor-ban-new-provision-2952328/
—
-
Question 4 of 5
4. Question
2 pointsThe nodal ministry for transgenders in India is the
Correct
Solution: a.
“…In the wake of these PILs, the union government constituted an expert committee with officials of the Ministry of Social Justice and Empowerment — which was designated as the nodal Ministry for transgenders in 2012 — and representatives from the transgender community, as well as Ministries of Health, External Affairs and Law & Justice.”
http://indianexpress.com/article/explained/transgenders-persons-bill-provisions-explained-2952316/
Incorrect
Solution: a.
“…In the wake of these PILs, the union government constituted an expert committee with officials of the Ministry of Social Justice and Empowerment — which was designated as the nodal Ministry for transgenders in 2012 — and representatives from the transgender community, as well as Ministries of Health, External Affairs and Law & Justice.”
http://indianexpress.com/article/explained/transgenders-persons-bill-provisions-explained-2952316/
-
Question 5 of 5
5. Question
2 pointsConsider the following statements about the nomadic tribe of Bawariyas:
- Their name is derived from the word ‘bawar’ or noose with which they would trap wild animals
- The have been placed under the Scheduled Tribe category
Which of the statements above is/are correct?
Correct
Solution: a.
“After de-notification of this tribe, the Bawariyas were put under the Scheduled Caste category.”
—
Incorrect
Solution: a.
“After de-notification of this tribe, the Bawariyas were put under the Scheduled Caste category.”
—
Note: Please refresh the page 2-3 times if Quiz button doesn’t respond.
