QUIZ – 2017: Insights Current Affairs Quiz, 01 April 2019
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 2019
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Question 1 of 5
1. Question
1 pointsConsider the following statements about Electoral Bonds.
- Political party registered under the Representation of People’s act, 1951 and securing not less than ten percent of the votes polled in the preceding election is entitled to receive the electoral bonds.
- Electoral Bonds can be purchased by only citizen of India.
- If the Electoral Bond is deposited after expiry of the validity period, no payment is made to any Political Party.
Which of the above statements is/are correct?
Correct
Solution: c)
The government had brought in electoral bond scheme as an alternative to cash donations made to political parties as part of its efforts to bring transparency in political funding.
The electoral bonds will be valid for 15 calendar days from the date of issue and no payment will be made to any payee political party if the bond is deposited after expiry of the validity period.
The electoral bond deposited by an eligible political party in its account shall be credited on the same day.
As per provisions of the scheme, electoral bonds may be purchased by a person, who is a citizen of India or entities incorporated or established in India.
Registered political parties that have secured not less than 1 per cent of the votes polled in the last election of the Lok Sabha or legislative assembly will be eligible to receive electoral bonds.
The SBI is the only authorised bank to issue such bonds. A person can buy electoral bonds, either single or jointly, with other individuals.
Incorrect
Solution: c)
The government had brought in electoral bond scheme as an alternative to cash donations made to political parties as part of its efforts to bring transparency in political funding.
The electoral bonds will be valid for 15 calendar days from the date of issue and no payment will be made to any payee political party if the bond is deposited after expiry of the validity period.
The electoral bond deposited by an eligible political party in its account shall be credited on the same day.
As per provisions of the scheme, electoral bonds may be purchased by a person, who is a citizen of India or entities incorporated or established in India.
Registered political parties that have secured not less than 1 per cent of the votes polled in the last election of the Lok Sabha or legislative assembly will be eligible to receive electoral bonds.
The SBI is the only authorised bank to issue such bonds. A person can buy electoral bonds, either single or jointly, with other individuals.
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Question 2 of 5
2. Question
1 pointsRecently which of the following committee was constituted by RBI to address the issues related to the transfer of surplus funds from RBI to government?
Correct
Solution: c)
The Reserve Bank of India (RBI) constituted an expert committee headed by former governor Bimal Jalan to review its economic capital framework, and whether the central bank needs to hold as much reserves as it currently does. The expert committee would examine if the central bank’s reserves were adequate, going by the global standards, and if in excess, how much money could be transferred to the government.
Incorrect
Solution: c)
The Reserve Bank of India (RBI) constituted an expert committee headed by former governor Bimal Jalan to review its economic capital framework, and whether the central bank needs to hold as much reserves as it currently does. The expert committee would examine if the central bank’s reserves were adequate, going by the global standards, and if in excess, how much money could be transferred to the government.
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Question 3 of 5
3. Question
1 pointsConsider the following statements about National Company Law Appellate Tribunal (NCLAT).
- It is constituted under the Companies Act, 2013 for hearing appeals only against the orders of National Company Law Tribunal.
- The decisions of NCLAT are final and there are no further appeals.
Which of the above statements is/are correct?
Correct
Solution: d)
- National Company Law Appellate Tribunal (NCLAT) was constituted under Section 410 of the Companies Act, 2013 for hearing appeals against the orders of National Company Law Tribunal(s) (NCLT), with effect from 1st June, 2016.
- NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by NCLT(s) under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC).
- NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by Insolvency and Bankruptcy Board of India under Section 202 and Section 211 of IBC.
- NCLAT is also the Appellate Tribunal to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India (CCI).
The decisions of NCLAT may be appealed to the Supreme Court of India.
Incorrect
Solution: d)
- National Company Law Appellate Tribunal (NCLAT) was constituted under Section 410 of the Companies Act, 2013 for hearing appeals against the orders of National Company Law Tribunal(s) (NCLT), with effect from 1st June, 2016.
- NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by NCLT(s) under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC).
- NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by Insolvency and Bankruptcy Board of India under Section 202 and Section 211 of IBC.
- NCLAT is also the Appellate Tribunal to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India (CCI).
The decisions of NCLAT may be appealed to the Supreme Court of India.
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Question 4 of 5
4. Question
1 pointsConsider the following statements about PRAGATI (Pro-Active Governance And Timely Implementation) platform.
- It is a multi-modal platform that is aimed at addressing common man’s grievances.
- The PRAGATI platform uses video-conferencing and geo-spatial technology.
- It is a three-tier system which consists of PMO, Union Government Secretaries, and Chief Secretaries of the States.
Which of the above statements is/are correct?
Correct
Solution: d)
It is a multi-purpose and multi-modal platform that is aimed at addressing common man’s grievances, and simultaneously monitoring and reviewing important programmes and projects of the Government of India as well as projects flagged by State Governments.
The PRAGATI platform uniquely bundles three latest technologies: Digital data management, video-conferencing and geo-spatial technology.
- It is a three-tier system (PMO, Union Government Secretaries, and Chief Secretaries of the States)
Incorrect
Solution: d)
It is a multi-purpose and multi-modal platform that is aimed at addressing common man’s grievances, and simultaneously monitoring and reviewing important programmes and projects of the Government of India as well as projects flagged by State Governments.
The PRAGATI platform uniquely bundles three latest technologies: Digital data management, video-conferencing and geo-spatial technology.
- It is a three-tier system (PMO, Union Government Secretaries, and Chief Secretaries of the States)
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Question 5 of 5
5. Question
1 pointsConsider the following statements about Mobilise Your City (MYC) programme
- The MYC aims to reduce Green House Gas (GHG) emissions related to urban transport
- India and France have signed an implementation agreement on “MOBILISE YOUR CITY” (MYC)
- It was launched at 24th Conference of Parties (COP24) meeting in Katowice, Poland.
Which of the above statements is/are correct?
Correct
Solution: a)
Mobilise Your City (MYC) was launched at 21st Conference of Parties (COP21) meeting in December, 2015. India and France have signed an implementation agreement on “MOBILISE YOUR CITY” (MYC).
The MYC aims to reduce the Green House Gas (GHG) emissions related to urban transport by implementing urban mobility plans at local level and to help India at national level to improve their sustainable transport policy.
Incorrect
Solution: a)
Mobilise Your City (MYC) was launched at 21st Conference of Parties (COP21) meeting in December, 2015. India and France have signed an implementation agreement on “MOBILISE YOUR CITY” (MYC).
The MYC aims to reduce the Green House Gas (GHG) emissions related to urban transport by implementing urban mobility plans at local level and to help India at national level to improve their sustainable transport policy.
