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QUIZ – 2017: Insights Current Affairs Quiz, 30 March 2017



QUIZ – 2017: Insights Current Affairs Quiz –  30 March  2017



QUIZ – 2017: Insights Current Affairs Quiz

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Clarification:

Q4, Quiz, 29th March 2017 (Click HERE): Regarding Statement 1: Please read the question carefully, once again. Most have confused Financial Bills for the Finance Bill which is passed as a part of the budget. The first statement is correct. For further clarification, you should refer to M. Laxmikanth’s Indian Polity -> Ch22 (Parliament) -> Budget in Parliament -> a) Constitutional Provisions and b) Stages in Enactment. To better correlate what you read from Indian Polity, read THIS Livemint article, dated yesterday, in its entirety. ‘Recommendations’ of the Rajya Sabha for money bills are in the form of ‘Amendments’. If the RS passes ‘amendments’ to a money bill, this means the Lok Sabha must ‘reconsider’ the Bill, but it may or may not accept these ‘amendments’ (read recommendations).

 

Regarding Statement 2: Furthermore, a plain reading of Articles 110(1) and 110(2) make it appear that the finance bill, being a money bill, cannot include non-tax proposals. But Article 110(3) provides leeway to the Speaker to decide whether a bill is a money bill or not. Remember, the Speaker’s decision is final in this matter. Hence, whether the finance bill can include non-tax proposals or not is, in fact, a grey area. There are precedents, and thus governments in the past as well as present have included non-tax proposals in the finance bill. The second statement should have reflected this aspect clearly, which it did not. It should instead have read, “Going by precedent, it can include legislative changes that are unrelated to taxation”. Finally, if the statement reads, “when a bill substantially deals with the imposition, abolition etc of a tax, the other provisions necessary for the achievement of the bill cannot take away from it the category of money bills”, this should be marked correct. Read the third paragraph of THIS IE article.

 

Q2, Quiz, 29th March 2017 (Click HERE): Please read the question once again. Nagaland shares its borders with the following Indian States – Manipur, Assam and Arunachal Pradesh only. Myanmar is not an Indian State. There is only one correct option thus.



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 2017. 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.Insights IAS current affairs quiz

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INSIGHTS CURRENT EVENTS QUIZ 2017

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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