QUIZ – 2017: Insights Current Affairs Quiz, 25 July 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.
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0 of 5 questions completed Questions: 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.INSIGHTS CURRENT EVENTS QUIZ 2017
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Question 1 of 5
1. Question
1 pointsWhich one of the following statements is incorrect?
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Question 2 of 5
2. Question
1 pointsConsider the following statements about the Inter-Creditor Agreement:
1.Under it, if two-third of the lenders in terms of aggregate exposure approve, then the resolution plan is binding on all the lenders.
- It was framed under the aegis of the RBI.
- Public, private and foreign banks have signed it.
- NBFCs are not allowed to be a part of this agreement.
Which of the statements given above is/are correct?
Correct
Solution: b.
- The agreement, known as Inter-Creditor Agreement (ICA) was framed under the aegis of the Indian Banks’ Association and follows the recommendations of the Sunil Mehta Committee on stressed asset resolution.
- Currently 24 public, private and foreign banks have signed the inter-creditor agreement under Sashakt to resolve stressed assets. The idea behind Project Sashakt is to ensure the operational turnaround of the banks and stressed companies so that the asset value is retained.
- NBFCs can, and are also expected to, sign the agreement.
TH; THL: Sunil Mehta Committee’s 5-point plan;
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Incorrect
Solution: b.
- The agreement, known as Inter-Creditor Agreement (ICA) was framed under the aegis of the Indian Banks’ Association and follows the recommendations of the Sunil Mehta Committee on stressed asset resolution.
- Currently 24 public, private and foreign banks have signed the inter-creditor agreement under Sashakt to resolve stressed assets. The idea behind Project Sashakt is to ensure the operational turnaround of the banks and stressed companies so that the asset value is retained.
- NBFCs can, and are also expected to, sign the agreement.
TH; THL: Sunil Mehta Committee’s 5-point plan;
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Question 3 of 5
3. Question
1 pointsWhich among the following rights is/are today recognised as fundamental under the Constitution?
1.Right to protest
2.Right to strike
- Right to picketing
- Right to take out processions
Select the correct answer using the code given below:
Correct
Solution: d.
Under Article 19, following are recognised as fundamental rights among others:
- The right to demonstration or picketing but not right to strike.
- The right to hold public meetings, demonstrations and take out processions.
- The right to protest.
The right to strike is not a fundamental right.
Improvisation: TH;
Indian Polity by M Laxmikanth;
Incorrect
Solution: d.
Under Article 19, following are recognised as fundamental rights among others:
- The right to demonstration or picketing but not right to strike.
- The right to hold public meetings, demonstrations and take out processions.
- The right to protest.
The right to strike is not a fundamental right.
Improvisation: TH;
Indian Polity by M Laxmikanth;
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Question 4 of 5
4. Question
1 pointsConsider the following statements about the privilege motion:
1.It can only be moved against a minister.
2.Its purpose is to censure the government and hence Rajya Sabha is not permitted to make use of this device.
Which of the statements given above is/are correct?
Correct
Solution: d.
Parliamentary privileges are certain rights and immunities enjoyed by members of Parliament, individually and collectively, so that they can “effectively discharge their functions”. When any of these rights and immunities are disregarded, the offence is called a breach of privilege and is punishable under law of Parliament. A notice is moved in the form of a motion by any member of either House against those being held guilty of breach of privilege.
Incorrect
Solution: d.
Parliamentary privileges are certain rights and immunities enjoyed by members of Parliament, individually and collectively, so that they can “effectively discharge their functions”. When any of these rights and immunities are disregarded, the offence is called a breach of privilege and is punishable under law of Parliament. A notice is moved in the form of a motion by any member of either House against those being held guilty of breach of privilege.
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Question 5 of 5
5. Question
1 pointsThe annual ‘Public Affairs Index’, which ranks the states of India from the lens of governance, has been developed by which one of the following NGOs?
Correct
Solution: c.
As Kerala trumped high-profile peers such as Tamil Nadu, Karnataka and Telangana to emerge on top of the Public Affairs Index 2018, celebrations in one place have been matched by excuses in others. The losers have the argument that the checklist of the Public Affairs Centre, the Bengaluru-based think tank, is skewed in favour of Kerala: its focus is on social development and service delivery rather than big ticket investments.
Public Affairs Index (PAI) is a data driven platform to rank the 30 States of India (the report probably has considered the NCT of Delhi as the 30th state) from the lens of governance. While it is a complex task to rank the Indian states which are economically, culturally and socially so diverse, Public Affairs Centre (PAC) has developed PAI as a unique statistical tool to evaluate the performance of governance in the States. PAI is largely based on secondary data and has been extracted from Union Government Ministries and Departments.
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Incorrect
Solution: c.
As Kerala trumped high-profile peers such as Tamil Nadu, Karnataka and Telangana to emerge on top of the Public Affairs Index 2018, celebrations in one place have been matched by excuses in others. The losers have the argument that the checklist of the Public Affairs Centre, the Bengaluru-based think tank, is skewed in favour of Kerala: its focus is on social development and service delivery rather than big ticket investments.
Public Affairs Index (PAI) is a data driven platform to rank the 30 States of India (the report probably has considered the NCT of Delhi as the 30th state) from the lens of governance. While it is a complex task to rank the Indian states which are economically, culturally and socially so diverse, Public Affairs Centre (PAC) has developed PAI as a unique statistical tool to evaluate the performance of governance in the States. PAI is largely based on secondary data and has been extracted from Union Government Ministries and Departments.
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