QUIZ - 2017: Insights Current Affairs Quiz, 08 February 2018

QUIZ – 2017: Insights Current Affairs Quiz, 08 February 2018

QUIZ – 2017: Insights Current Affairs Quiz

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 2018. 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 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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Question 1 of 5

1. Question
1 points
Maldives is a member of
1. SAARC
2. The Commonwealth
3. BIMSTEC
Select the correct answer using the code given below:
- a) 1 only
- b) 2 and 3 only
- c) 1 and 3 only
- d) 1, 2 and 3
Correct

Solution: a.

“…adding to the limitations is the fact that the Maldives has left the Commonwealth, and the SAARC is not meeting, and neither multilateral fora has much leverage over the Maldivian government at present.”

BIMSTEC members include Bhutan, Bangladesh, India, Nepal, Thailand, Sri Lanka and Myanmar.

http://www.thehindu.com/todays-paper/tp-international/india-disturbed-by-emergency/article22672636.ece;

Incorrect

Solution: a.

“…adding to the limitations is the fact that the Maldives has left the Commonwealth, and the SAARC is not meeting, and neither multilateral fora has much leverage over the Maldivian government at present.”

BIMSTEC members include Bhutan, Bangladesh, India, Nepal, Thailand, Sri Lanka and Myanmar.

http://www.thehindu.com/todays-paper/tp-international/india-disturbed-by-emergency/article22672636.ece;
Question 2 of 5

2. Question
1 points
Which among the following countries is NOT landlocked?

1.Benin
1. Nigeria
2. Macedonia
3. Albania
Select the correct answer using the code given below:
- a) 1, 2 and 4 only
- b) 1 and 2 only
- c) 3 and 4 only
- d) 1, 2, 3 and 4
Correct

Solution: a.

The same appeared in the Hindu: https://www.graphicnews.com/en/pages/36207/EU_Balkans_expansion_(1);

http://www.thehindu.com/todays-paper/oil-tanker-22-indians-freed/article22672747.ece;

Incorrect

Solution: a.

The same appeared in the Hindu: https://www.graphicnews.com/en/pages/36207/EU_Balkans_expansion_(1);

http://www.thehindu.com/todays-paper/oil-tanker-22-indians-freed/article22672747.ece;
Question 3 of 5

3. Question
1 points
The famous Bahubali Gomateshwara statue atop Vindhyagiri in Shravanabelagola is depicted in which among the following postures/mudras?
- a) Dhyana Mudra
- b) Abhaya Mudra
- c) Kayotsarga
- d) Eka Pada Pranamasana
Correct

Solution: c.

Lord Gomateshwara, also known as Bahubali, was the son of the first Jain Teerthankara, Lord Adinatha. He is said to have meditated motionless for one year in a standing posture (kayotsarga) and that during this time, climbing plants grew around his legs.

Chavundaraya, prime minister and commander-in-chief of the (Western) Ganga Kingdom, consecrated the statue of Bahubali in in 981 AD.

http://www.thehindu.com/news/national/karnataka/ceremonies-for-mega-event-begin-today/article22672197.ece;

https://en.wikipedia.org/wiki/Bahubali;

—

Incorrect

Solution: c.

Lord Gomateshwara, also known as Bahubali, was the son of the first Jain Teerthankara, Lord Adinatha. He is said to have meditated motionless for one year in a standing posture (kayotsarga) and that during this time, climbing plants grew around his legs.

Chavundaraya, prime minister and commander-in-chief of the (Western) Ganga Kingdom, consecrated the statue of Bahubali in in 981 AD.

http://www.thehindu.com/news/national/karnataka/ceremonies-for-mega-event-begin-today/article22672197.ece;

https://en.wikipedia.org/wiki/Bahubali;

—
Question 4 of 5

4. Question
1 points
Inverted Duty Structure, which adversely impacts manufacturing, refers to
- a) Taxation of imported finished goods at rates lower than on similar domestically produced finished-goods
- b) Inputs being taxed at higher rates than on finished products
- c) A taxation system that the World Trade Organisation requires developing countries to adopt
- d) None of the above
Correct

Solution: b.

An IDS means higher duty on intermediate as opposed to final/finished goods. Take for example, the fertilizer industry – if import of key raw materials such as phosphoric acid, ammonia and sulphur attracts 18 per cent GST while the final product is taxed at 5 per cent, it would lead to large-scale closure of potash-based fertiliser-manufacturing companies and expose the country to the monopoly of international suppliers.

http://www.thehindu.com/opinion/lead/the-manufacturing-muddle/article22671001.ece

Incorrect

Solution: b.

An IDS means higher duty on intermediate as opposed to final/finished goods. Take for example, the fertilizer industry – if import of key raw materials such as phosphoric acid, ammonia and sulphur attracts 18 per cent GST while the final product is taxed at 5 per cent, it would lead to large-scale closure of potash-based fertiliser-manufacturing companies and expose the country to the monopoly of international suppliers.

http://www.thehindu.com/opinion/lead/the-manufacturing-muddle/article22671001.ece
Question 5 of 5

5. Question
1 points
The Court of Arbitration for Sport (CAS)

1.Is an institution placed under the administrative and financial authority of the International Olympic Committee

2.Handles any disputes directly or indirectly linked to sport

3.Sets up non-permanent tribunals for many major events that include the Olympic Games and the Commonwealth Games

Select the correct answer using the code given below:
- a) 1 and 2 only
- b) 2 and 3 only
- c) 1 and 3 only
- d) 1, 2 and 3
Correct

Solution: b.

The Court of Arbitration for Sport (CAS) is an institution independent of any sports organization which provides for services in order to facilitate the settlement of sports-related disputes through arbitration or mediation by means of procedural rules adapted to the specific needs of the sports world. The CAS was created in 1984 and is placed under the administrative and financial authority of the International Council of Arbitration for Sport (ICAS).

The CAS has the task of resolving legal disputes in the field of sport through arbitration. It does this pronouncing arbitral awards that have the same enforceability as judgements of ordinary courts. It can also help parties solve their disputes on an amicable basis through mediation, when this procedure is allowed.

The CAS sets up non-permanent tribunals, which it does for the Olympic Games, the Commonwealth Games or other similar major events. To take into account the circumstances of such events, special procedural rules are established on each occasion.

Any disputes directly or indirectly linked to sport may be submitted to the CAS. These may be disputes of a commercial nature (e.g. a sponsorship contract), or of a disciplinary nature following a decision by a sports organisation (e.g. a doping case).

http://www.tas-cas.org/en/general-information/frequently-asked-questions.html;

Improvisation: http://www.thehindu.com/opinion/editorial/winter-cheer/article22670999.ece

Incorrect

Solution: b.

The Court of Arbitration for Sport (CAS) is an institution independent of any sports organization which provides for services in order to facilitate the settlement of sports-related disputes through arbitration or mediation by means of procedural rules adapted to the specific needs of the sports world. The CAS was created in 1984 and is placed under the administrative and financial authority of the International Council of Arbitration for Sport (ICAS).

The CAS has the task of resolving legal disputes in the field of sport through arbitration. It does this pronouncing arbitral awards that have the same enforceability as judgements of ordinary courts. It can also help parties solve their disputes on an amicable basis through mediation, when this procedure is allowed.

The CAS sets up non-permanent tribunals, which it does for the Olympic Games, the Commonwealth Games or other similar major events. To take into account the circumstances of such events, special procedural rules are established on each occasion.

Any disputes directly or indirectly linked to sport may be submitted to the CAS. These may be disputes of a commercial nature (e.g. a sponsorship contract), or of a disciplinary nature following a decision by a sports organisation (e.g. a doping case).

http://www.tas-cas.org/en/general-information/frequently-asked-questions.html;

Improvisation: http://www.thehindu.com/opinion/editorial/winter-cheer/article22670999.ece

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QUIZ – 2017: Insights Current Affairs Quiz, 08 February 2018

INSIGHTS CURRENT EVENTS QUIZ 2017

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