Insights Current Affairs Quiz – 49 and 50
28 & 29 October 2015
From today onwards, we will be starting current events quiz. The quiz will have 5-10 MCQs every day. The questions are mainly framed from The Hindu and PIB news articles.
Hope you enjoy this quiz. If you like it, then please share it. Thank you.
INSIGHTS CURRENT EVENTS QUIZ 2015-16
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The following Quiz is based on the current events that we post every day on our website.
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Question 1 of 12
1. Question
1 pointsWhich of the following statements about the ‘India Development Foundation of Overseas Indians’ (IDF-OI) is/are incorrect?
- It is a not-for-profit trust set up by the Ministry of Overseas Indian Affairs
- It engages with the concerned authorities of other nations in enhancing the skills of blue-collared Overseas Indians
Select the correct answer using the codes given below:
Correct
Ans: b.
India Development Foundation of Overseas Indians (IDF-OI) is a not-for-profit trust registered by the Ministry of Overseas Indian Affairs, Government of India, to provide a credible window for Overseas Indian Philanthropy in India’s Social Development. The objective of the Foundation is to facilitate philanthropic activities by Overseas Indians through innovative projects and instruments such as micro credit for rural entrepreneurs, self help groups for economic empowerment of women, best practice interventions in primary education and technology interventions in rural health care delivery.
Incorrect
Ans: b.
India Development Foundation of Overseas Indians (IDF-OI) is a not-for-profit trust registered by the Ministry of Overseas Indian Affairs, Government of India, to provide a credible window for Overseas Indian Philanthropy in India’s Social Development. The objective of the Foundation is to facilitate philanthropic activities by Overseas Indians through innovative projects and instruments such as micro credit for rural entrepreneurs, self help groups for economic empowerment of women, best practice interventions in primary education and technology interventions in rural health care delivery.
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Question 2 of 12
2. Question
1 pointsH1N1 virus is sometimes mentioned in the news with reference to which one of the following diseases?
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Question 3 of 12
3. Question
1 pointsWith the presence of more than 4,200 startups, India has become the third largest startup base worldwide. What may be the reasons for the growth of the entrepreneur ecosystem in India?
- Investment in start-ups by business tycoons
- The “Start-Up India” initiative has seen rapid success
- A sharp increase in the availability of risk capital
Select the correct answer using the codes given below:
Correct
Ans: c.
The “Start-Up India” initiative was announced by PM Modi in August this year. By August 2016, it may become a rapid-success story!
Incorrect
Ans: c.
The “Start-Up India” initiative was announced by PM Modi in August this year. By August 2016, it may become a rapid-success story!
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Question 4 of 12
4. Question
1 pointsWhich of the following statements about writs mentioned in the Indian Constitution is/are incorrect?
- ‘Mandamus’, unlike ‘Prohibition’, directs inactivity
- ‘Certiorari’ is both preventive as well as curative, unlike prohibition, which is only curative
- ‘Mandamus’ can also be issued against the Government asking it to perform duties which it has failed or refused to perform
Select the correct answer using codes given below:
Correct
Ans: b.
Statements 1 and 3 are contradictory. Hence, if you had read this article, you would have realised that statement 3 is correct. You would be left only with option ‘a’ and ‘b’. The correct answer between these two options though, you can hazard a guess if you have read Laxmikanth/D.D. Basu.
Page 7.18-19, Indian Polity by M. Laxmikanth
Incorrect
Ans: b.
Statements 1 and 3 are contradictory. Hence, if you had read this article, you would have realised that statement 3 is correct. You would be left only with option ‘a’ and ‘b’. The correct answer between these two options though, you can hazard a guess if you have read Laxmikanth/D.D. Basu.
Page 7.18-19, Indian Polity by M. Laxmikanth
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Question 5 of 12
5. Question
1 pointsWith reference to the ‘Pradhan Mantri Khanij Kshetra Kalyan Yojana’ (PMKKKY), which of the following statements is/are correct?
- It is being administered by the Ministry of Labour and Employment
- This scheme will be binding on state governments
Select the correct answer using the codes given below:
Correct
Ans: b.
“Pradhan Mantri Khanij Kshetra Kalyan Yojana”, 13th October http://pib.nic.in/newsite/efeatures.aspx
Incorrect
Ans: b.
“Pradhan Mantri Khanij Kshetra Kalyan Yojana”, 13th October http://pib.nic.in/newsite/efeatures.aspx
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Question 6 of 12
6. Question
1 pointsConsider the following statements:
Assertion (A): The ‘Pradhan Mantri Khanij Kshetra Kalyan Yojana’ (PMKKKY) earmarks 50% of expenditure of the District Mineral Foundation (DMF) funds for ‘high priority areas’, 30% towards ‘other priority areas’ and 20% towards ‘low priority areas’
Reason (R): PMKKKY provides guidelines for utilization of funds accruing to DMF
Select the correct answer using codes given below:
Correct
Ans: d.
The scheme earmarks 60% of expenditure of the DMF fund for high priority areas, and 40% towards other priority areas.
“Pradhan Mantri Khanij Kshetra Kalyan Yojana”, 13th October http://pib.nic.in/newsite/efeatures.aspx
Incorrect
Ans: d.
The scheme earmarks 60% of expenditure of the DMF fund for high priority areas, and 40% towards other priority areas.
“Pradhan Mantri Khanij Kshetra Kalyan Yojana”, 13th October http://pib.nic.in/newsite/efeatures.aspx
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Question 7 of 12
7. Question
1 pointsConsider the following statements about ‘Strategic Partnerships’ in the context of international relations:
- Its appearance can be traced to the end of the cold war
- These partnerships entail only the following areas of co-operation: political-diplomatic ties, defence ties, and economic relations
Which of the above statements is/are incorrect?
Correct
Ans: c
“Strategic partnerships are commonly associated with defence or security related issues, but a survey of formal strategic partnerships around the world reveal they can also be quite a hold-all, covering a wide range in bilateral relations, from defence to education, health and agriculture, and quite commonly, economic relations, including trade, investment and banking.”
“Some scholars of international relations theory have argued against a set definition, arguing that each agreement belongs to a specific time and context, and thus has its own meaning. Some have even argued that the phrase is nothing more than nomenclature, and parties use it to project a higher status to their ties”
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Incorrect
Ans: c
“Strategic partnerships are commonly associated with defence or security related issues, but a survey of formal strategic partnerships around the world reveal they can also be quite a hold-all, covering a wide range in bilateral relations, from defence to education, health and agriculture, and quite commonly, economic relations, including trade, investment and banking.”
“Some scholars of international relations theory have argued against a set definition, arguing that each agreement belongs to a specific time and context, and thus has its own meaning. Some have even argued that the phrase is nothing more than nomenclature, and parties use it to project a higher status to their ties”
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Question 8 of 12
8. Question
1 pointsConsider the following statements about the India-Africa Forum Summit:
- The first such summit will be held in New Delhi in 2015
- This biennial summit is to be held on a rotational basis between India and Africa
Which of the above statements is/are correct?
Correct
Ans: d.
It is not a biennial summit.
http://www.thehindu.com/todays-paper/tp-opinion/reversing-the-continental-drift/article7758734.ece
Incorrect
Ans: d.
It is not a biennial summit.
http://www.thehindu.com/todays-paper/tp-opinion/reversing-the-continental-drift/article7758734.ece
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Question 9 of 12
9. Question
1 pointsThe Government recently announced that the Price Stabilisation Fund (PSF) of the Centre will be used to cool prices of an agri-commodity. Which of the following statements about the PSF is/are incorrect?
- It will support market interventions for price control of onions and potatoes initially; other commodities may be added later
- States have to set up a revolving fund to receive grants under this scheme
Select the correct answer using the codes given below:
Correct
Ans: b.
States have to set up a revolving fund to receive interest-free loans under this scheme. A revolving fund is a fund that is continually replenished as withdrawals are made.
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Incorrect
Ans: b.
States have to set up a revolving fund to receive interest-free loans under this scheme. A revolving fund is a fund that is continually replenished as withdrawals are made.
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Question 10 of 12
10. Question
1 pointsIn the ‘Wholesale Price Index’, which one of the following is accorded the highest weight?
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Question 11 of 12
11. Question
1 pointsThe Global Hunger Index is calculated and released by the
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Question 12 of 12
12. Question
1 pointsTo reflect the multidimensional nature of hunger, the Global Hunger Index (GHI) combines three equally-weighted indicators in one index number:
- Proportion of undernourished
- Proportion of under-5 underweight children
- Mortality rate of under-5 children
- Adult female literacy rate
- Proportion of population living below $1 in Purchasing-Power-Parity terms per day
Which, from the above list, are the indicators?
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