QUIZ – 2016: Insights Current Affairs Quiz
August 24, 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 7
1. Question
2 pointsThe United Nations list of proscribed terrorists, or the U.N list 1267 is often seen in the news. This resolution 1267 imposed sanctions which were restricted initially to which of the following entities?
Correct
Solution: b.
“The Committee was initially established pursuant to resolution 1267 (1999), which imposed a limited air embargo and assets freeze on the Taliban. Over time, the regime evolved and the measures became a targeted assets freeze, travel ban and arms embargo against designated individuals and entities.”
https://www.un.org/sc/suborg/en/sanctions/1267
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Incorrect
Solution: b.
“The Committee was initially established pursuant to resolution 1267 (1999), which imposed a limited air embargo and assets freeze on the Taliban. Over time, the regime evolved and the measures became a targeted assets freeze, travel ban and arms embargo against designated individuals and entities.”
https://www.un.org/sc/suborg/en/sanctions/1267
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Question 2 of 7
2. Question
2 pointsIf India is successful in getting the UN 1267 Committee to include certain individuals in the list of proscribed terrorists, what are the steps that must be taken by the member states of the United Nations?
- Freeze funds and other financial assets or economic resources of designated individuals and entities
- Snap the telecommunication networks in areas occupied or controlled by the designated individuals and entities
- Prevent the entry into or transit through their territories by designated individuals
Select the correct answer using the code given below:
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Question 3 of 7
3. Question
2 pointsWith reference to the amendment of the Constitution as laid down in Article 368, which of the following statements is/are incorrect?
- There is no provision for holding a joint sitting of the two Houses for the purpose of deliberation and passage of the bill
- Members of the governing party – who are not ministers – too can introduce a bill for the amendment
Select the correct answer using the code given below:
Correct
Solution: d.
“Mayoral reform has now made its way into Parliament with Shashi Tharoor introducing a private member’s bill to amend the Constitution for strengthening local governments.”
A private member can introduce a bill for the amendment of the Constitution. Hence, the second statement is correct.
Chapter 10, Indian Polity 4th Edition by M Laxmikanth
Improvisation: http://www.thehindu.com/opinion/columns/should-mayors-be-directly-elected/article9018213.ece
Incorrect
Solution: d.
“Mayoral reform has now made its way into Parliament with Shashi Tharoor introducing a private member’s bill to amend the Constitution for strengthening local governments.”
A private member can introduce a bill for the amendment of the Constitution. Hence, the second statement is correct.
Chapter 10, Indian Polity 4th Edition by M Laxmikanth
Improvisation: http://www.thehindu.com/opinion/columns/should-mayors-be-directly-elected/article9018213.ece
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Question 4 of 7
4. Question
2 pointsTwo declarations – the ‘Jaipur Declaration’ and ‘Udaipur Declaration’ – were in the news recently. These two are respectively associated with which of the following groups/entities?
Correct
Solution: d.
“The meeting of women Parliamentarians from BRICS nations concluded recently in Jaipur. During the meeting the parliamentarians expressed commitment to work together in the field of economic growth, social inclusion and environmental protection. At the end of the meeting, ‘Jaipur Declaration’ was adopted.”
“A two-day meeting of BRICS Ministers on Disaster Management ended in Udaipur, Rajasthan today with the adoption of the Udaipur Declaration. The meeting laid bare the common thread of challenges on disaster issues faced by all the BRICS nations.”
Incorrect
Solution: d.
“The meeting of women Parliamentarians from BRICS nations concluded recently in Jaipur. During the meeting the parliamentarians expressed commitment to work together in the field of economic growth, social inclusion and environmental protection. At the end of the meeting, ‘Jaipur Declaration’ was adopted.”
“A two-day meeting of BRICS Ministers on Disaster Management ended in Udaipur, Rajasthan today with the adoption of the Udaipur Declaration. The meeting laid bare the common thread of challenges on disaster issues faced by all the BRICS nations.”
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Question 5 of 7
5. Question
2 pointsThe first major port in the country to have secured loans through external commercial borrowing is
Correct
Solution: a.
“India’s premier container port, Jawaharlal Nehru Port Trust in Navi Mumbai, has signed an agreement with State Bank of India and Development Bank of Singapore for External Commercial Borrowing (ECB) to the tune of USD 400 Million at a “very competitive” interest rate to improve the infrastructure required for “doubling” its existing capacity to 9.85 Million TEUs annually. JNPT has US Dollar denominated foreign currency earnings which can be leveraged for a low cost foreign currency borrowing. The ECB of USD 400 Million (USD300 Million from the SBI & USD100 Million from DBS) will be primarily utilised by JNPT for expanding the network of roads that connect to its port projects.”
“Speaking on the occasion, Shri Gadkari said that JNPT is the first major port in the country to have taken loans in dollars. This was possible because ports have a natural hedge in foreign currency earnings. He also said that the rate of the ECB loan of 2.025% plus Libor USD 6M (approx 3.15%) is cheaper than Indian currency loan. He said the funding by JNPT is the first of its kind for major port and it opens up one more avenue for major and government ports to raise funds by accessing international markets for their requirements.”
The government is also looking at setting up subsidiary companies to ports which will secure loans from foreign banks for development of inland waterway projects around the respective ports.
Incorrect
Solution: a.
“India’s premier container port, Jawaharlal Nehru Port Trust in Navi Mumbai, has signed an agreement with State Bank of India and Development Bank of Singapore for External Commercial Borrowing (ECB) to the tune of USD 400 Million at a “very competitive” interest rate to improve the infrastructure required for “doubling” its existing capacity to 9.85 Million TEUs annually. JNPT has US Dollar denominated foreign currency earnings which can be leveraged for a low cost foreign currency borrowing. The ECB of USD 400 Million (USD300 Million from the SBI & USD100 Million from DBS) will be primarily utilised by JNPT for expanding the network of roads that connect to its port projects.”
“Speaking on the occasion, Shri Gadkari said that JNPT is the first major port in the country to have taken loans in dollars. This was possible because ports have a natural hedge in foreign currency earnings. He also said that the rate of the ECB loan of 2.025% plus Libor USD 6M (approx 3.15%) is cheaper than Indian currency loan. He said the funding by JNPT is the first of its kind for major port and it opens up one more avenue for major and government ports to raise funds by accessing international markets for their requirements.”
The government is also looking at setting up subsidiary companies to ports which will secure loans from foreign banks for development of inland waterway projects around the respective ports.
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Question 6 of 7
6. Question
2 pointsConsider the following list:
- Bharuch Port
- Mormugao Port
- Ratnagiri Port
- Kamarajar Port
Which among the above list are classified as a ‘Major Port’?
Correct
Solution: b.
- Kandla Port
- Mumbai Port
- Jawaharlal Nehru Port
- Mormugao Port
- New Mangalore Port
- Kochi Port
- O. Chidambaram Port (or Tuticorin Port)
- Kamarajar Port (earlier known as Ennore Port)
- Madras Port
- Visakhapatnam Port
- Paradip Port
- Haldia Port
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Improvisation:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=149112
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http://pib.nic.in/newsite/PrintRelease.aspx?relid=149130
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Incorrect
Solution: b.
- Kandla Port
- Mumbai Port
- Jawaharlal Nehru Port
- Mormugao Port
- New Mangalore Port
- Kochi Port
- O. Chidambaram Port (or Tuticorin Port)
- Kamarajar Port (earlier known as Ennore Port)
- Madras Port
- Visakhapatnam Port
- Paradip Port
- Haldia Port
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Improvisation:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=149112
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http://pib.nic.in/newsite/PrintRelease.aspx?relid=149130
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Question 7 of 7
7. Question
2 pointsThe “Jallianwala Bagh of the South” refers to the indiscriminate police fire – similar to the Jallianwala Bagh massacre, albeit at a smaller scale – at a group of villagers who had congregated to organise a Satyagraha. The place associated with this incident is located in which state?
Correct
Solution: b.
The article (Click Here) associated with this appeared in a regional edition of the Hindu.
“Vidurashwatha (Chikkaballapur district, Karnataka) is known as the “Jallianwala Bagh of the South”. On April 25, 1938, as a part of the freedom struggle of India, a group of villagers had congregated to organise a Satyagraha. Similar to what happened at Jallianwala Bagh, police fired indiscriminately at the group, resulting in the death of around 35 people. A memorial has been erected in this location bearing the names of those who lost their lives in this incident.”
Incorrect
Solution: b.
The article (Click Here) associated with this appeared in a regional edition of the Hindu.
“Vidurashwatha (Chikkaballapur district, Karnataka) is known as the “Jallianwala Bagh of the South”. On April 25, 1938, as a part of the freedom struggle of India, a group of villagers had congregated to organise a Satyagraha. Similar to what happened at Jallianwala Bagh, police fired indiscriminately at the group, resulting in the death of around 35 people. A memorial has been erected in this location bearing the names of those who lost their lives in this incident.”
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