QUIZ – 2017: Insights Current Affairs Quiz,20 November 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 pointsConsider the following statements about the International Thermonuclear Experimental Reactor:
- The tokamak being constructed will be the largest in the world.
- It is being constructed in Italy.
- 35 nations are engaged in a 35-year collaboration to build and operate the ITER.
Which of the statements given above is/are correct?
Correct
Solution: c.
ITER (“The Way” in Latin) is one of the most ambitious energy projects in the world today. In southern France, 35 nations are collaborating to build the world’s largest tokamak, a magnetic fusion device that has been designed to prove the feasibility of fusion as a large-scale and carbon-free source of energy based on the same principle that powers our Sun and stars.
The ITER Members—China, the European Union, India, Japan, Korea, Russia and the United States—are now engaged in a 35-year collaboration (since 2006) to build and operate the ITER experimental device, and together bring fusion to the point where a demonstration fusion reactor can be designed.
Improvisation: BBC;
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Incorrect
Solution: c.
ITER (“The Way” in Latin) is one of the most ambitious energy projects in the world today. In southern France, 35 nations are collaborating to build the world’s largest tokamak, a magnetic fusion device that has been designed to prove the feasibility of fusion as a large-scale and carbon-free source of energy based on the same principle that powers our Sun and stars.
The ITER Members—China, the European Union, India, Japan, Korea, Russia and the United States—are now engaged in a 35-year collaboration (since 2006) to build and operate the ITER experimental device, and together bring fusion to the point where a demonstration fusion reactor can be designed.
Improvisation: BBC;
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Question 2 of 5
2. Question
1 pointsUnder the Insolvency and Bankruptcy Code, the National Company Law Tribunal (NCLT) will adjudicate grievances related to insolvency, bankruptcy and liquidation of different entities.
1.The NCLT will have jurisdiction over companies and partnership firms.
- Appeals against orders of NCLT can be challenged before the Supreme Court.
Select the correct answer using the code given below:
Correct
Solution: d.
Bankruptcy and Insolvency Adjudicators (IBC 2016): The Code proposes two separate tribunals to adjudicate grievances related to insolvency, bankruptcy and liquidation of different entities under the law: (i) the National Company Law Tribunal will have jurisdictio over companies and limited liability partnerships, and (ii) the Debt Recovery Tribunal will have jurisdiction over individuals and partnership firms. Appeals against orders of these tribunals may be challenged before their respective Appellate Tribunals (in case of NCLT, it will be the National Company Law Appellate Tribunal or NCLAT), and further before the Supreme Court.
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Incorrect
Solution: d.
Bankruptcy and Insolvency Adjudicators (IBC 2016): The Code proposes two separate tribunals to adjudicate grievances related to insolvency, bankruptcy and liquidation of different entities under the law: (i) the National Company Law Tribunal will have jurisdictio over companies and limited liability partnerships, and (ii) the Debt Recovery Tribunal will have jurisdiction over individuals and partnership firms. Appeals against orders of these tribunals may be challenged before their respective Appellate Tribunals (in case of NCLT, it will be the National Company Law Appellate Tribunal or NCLAT), and further before the Supreme Court.
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Question 3 of 5
3. Question
1 pointsConsider the following statements:
1.The Logistics Performance Index (LPI) is a publication of the World Bank.
2.In the LPI, India’s ranking declined in 2018 when compared to its position in the previous edition of the report.
- India’s logistics cost is at about 10 per cent of the GDP.
Which of the statements given above is/are correct?
Correct
Solution: b.
TH: “India has moved from the 54th position in 2014 to 44th in 2018 (it ranked 35th in 2016) in the World Bank’s biennial Logistics Performance Index.
Logistics costs have been one of the biggest stumbling blocks for Indian manufacturers eyeing exports. At about 13-14% of GDP, India’s logistics cost is high, and compares with about 8% in advanced nations that have efficient systems… The Centre has made clear its intention to bring down this cost to less than 10%, which would make Indian manufacturers globally relevant.”
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Incorrect
Solution: b.
TH: “India has moved from the 54th position in 2014 to 44th in 2018 (it ranked 35th in 2016) in the World Bank’s biennial Logistics Performance Index.
Logistics costs have been one of the biggest stumbling blocks for Indian manufacturers eyeing exports. At about 13-14% of GDP, India’s logistics cost is high, and compares with about 8% in advanced nations that have efficient systems… The Centre has made clear its intention to bring down this cost to less than 10%, which would make Indian manufacturers globally relevant.”
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Question 4 of 5
4. Question
1 pointsConsider the following statements:
1.Nationwide, nearly 25 per cent of judicial positions in the subordinate judiciary are lying vacant.
2.The 120th Law Commission of India report on Manpower Planning in Judiciary suggested demographic factor to be the basis for fixing judge strength.
Which of the statements given above is/are correct?
Correct
Solution: c.
TH (2017): The 120th Law Commission of India report on Manpower Planning in Judiciary, 1987, contained significant suggestions for reducing pendency and, for the first time, suggested a judge strength fixation formula. It suggested that the judge-population ratio in India be increased immediately from the then ratio of 10 judges to 50 judges per million. The report said since the demographic factor is the predominant consideration while delimiting legislative boundaries, demographics should be the basis for fixing judge strength.
Image source: TH;
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Incorrect
Solution: c.
TH (2017): The 120th Law Commission of India report on Manpower Planning in Judiciary, 1987, contained significant suggestions for reducing pendency and, for the first time, suggested a judge strength fixation formula. It suggested that the judge-population ratio in India be increased immediately from the then ratio of 10 judges to 50 judges per million. The report said since the demographic factor is the predominant consideration while delimiting legislative boundaries, demographics should be the basis for fixing judge strength.
Image source: TH;
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Question 5 of 5
5. Question
1 pointsThe most recent Indian cultural element to be inscribed on the UNESCO Representative List of the Intangible Cultural Heritage of Humanity was