Insights Current Affairs Quiz (2016) – 69
12 March 2016
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 2016. 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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INSIGHTS CURRENT EVENTS QUIZ 2016
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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
2 points‘Pradhan Mantri Ujjwala Yojana’ is
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Question 2 of 5
2. Question
2 pointsWhich of the following statements is/are incorrect?
Correct
Solution: b.
“In order to push major policy reforms in the fertilizer sector, the Union Cabinet approved the proposal for removing the minimum capacity utilization criteria for the Single Super Phosphate (SSP) units to be eligible for the subsidy under the Nutrient Based Subsidy (NBS) Scheme with immediate effect.”
“The new SSP units were finding it difficult to achieve these production criteria as reasonable time is required to establish their brand name and to increase the market share due to inadequate availability of dealers’ network. Further, this minimum production criteria was applicable only to SSP and not to other P&K fertilizers.This new policy to remove the minimum capacity utilization criterion would put the SSP units on the same footing as other fertilizers and they would be eligible for subsidy irrespective of quantity of SSP produced and sold for agriculture purposes.”
Incorrect
Solution: b.
“In order to push major policy reforms in the fertilizer sector, the Union Cabinet approved the proposal for removing the minimum capacity utilization criteria for the Single Super Phosphate (SSP) units to be eligible for the subsidy under the Nutrient Based Subsidy (NBS) Scheme with immediate effect.”
“The new SSP units were finding it difficult to achieve these production criteria as reasonable time is required to establish their brand name and to increase the market share due to inadequate availability of dealers’ network. Further, this minimum production criteria was applicable only to SSP and not to other P&K fertilizers.This new policy to remove the minimum capacity utilization criterion would put the SSP units on the same footing as other fertilizers and they would be eligible for subsidy irrespective of quantity of SSP produced and sold for agriculture purposes.”
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Question 3 of 5
3. Question
2 pointsWhich of the following statements about the South Asian Regional Training and Technical Assistance Center (SARTTAC) is NOT correct?
Correct
Solution: d.
“The SARTTAC will be a collaborative venture between the IMF, the member countries that is Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka and development partners for supporting the capacity development needs of the members. Additional member countries could join SARTTAC at a later stage. SARTTAC will also selectively cater to the capacity building needs at the State level, especially in India.”
Incorrect
Solution: d.
“The SARTTAC will be a collaborative venture between the IMF, the member countries that is Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka and development partners for supporting the capacity development needs of the members. Additional member countries could join SARTTAC at a later stage. SARTTAC will also selectively cater to the capacity building needs at the State level, especially in India.”
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Question 4 of 5
4. Question
2 pointsThe Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional organization comprising which of the following nations?
- Bangladesh
- Bhutan
- India
- Nepal
- Sri Lanka
- Myanmar
- Thailand
Select the correct answer using the code given below:
Correct
Solution: d.
“The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional organization comprising seven Member States lying in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity. This sub-regional organization came into being on 6 June 1997 through the Bangkok Declaration. It constitutes seven Member States: five deriving from South Asia, including Bangladesh, Bhutan, India, Nepal, Sri Lanka, and two from Southeast Asia, including Myanmar and Thailand.”
“The regional group constitutes a bridge between South and South East Asia and represents a reinforcement of relations among these countries. BIMSTEC has also established a platform for intra-regional cooperation between SAARC and ASEAN members.”
Incorrect
Solution: d.
“The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional organization comprising seven Member States lying in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity. This sub-regional organization came into being on 6 June 1997 through the Bangkok Declaration. It constitutes seven Member States: five deriving from South Asia, including Bangladesh, Bhutan, India, Nepal, Sri Lanka, and two from Southeast Asia, including Myanmar and Thailand.”
“The regional group constitutes a bridge between South and South East Asia and represents a reinforcement of relations among these countries. BIMSTEC has also established a platform for intra-regional cooperation between SAARC and ASEAN members.”
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Question 5 of 5
5. Question
2 pointsWhich of the following statements is/are incorrect with regard to BIMSTEC?
- The economic bloc was initially formed without Thailand
- It came into being through the Sittwe declaration
- It is a sector-driven cooperative organization
Select the correct answer using the code given below:
Correct
Solution: b.
“This sub-regional organization came into being on 6 June 1997 through the Bangkok Declaration. Initially, the economic bloc was formed with four Member States with the acronym ‘BIST-EC’ (Bangladesh, India, Sri Lanka and Thailand Economic Cooperation). Following the inclusion of Myanmar, the Group was renamed ‘BIMST-EC’ (Bangladesh, India, Myanmar, Sri Lanka and Thailand Economic Cooperation). With the admission of Nepal and Bhutan, the name of the grouping was changed to ‘Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation’ (BIMSTEC).”
“Unlike many other regional groupings, BIMSTEC is a sector-driven cooperative organization. Starting with six sectors for sectoral cooperation, it expanded to embrace nine more sectors.”
Incorrect
Solution: b.
“This sub-regional organization came into being on 6 June 1997 through the Bangkok Declaration. Initially, the economic bloc was formed with four Member States with the acronym ‘BIST-EC’ (Bangladesh, India, Sri Lanka and Thailand Economic Cooperation). Following the inclusion of Myanmar, the Group was renamed ‘BIMST-EC’ (Bangladesh, India, Myanmar, Sri Lanka and Thailand Economic Cooperation). With the admission of Nepal and Bhutan, the name of the grouping was changed to ‘Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation’ (BIMSTEC).”
“Unlike many other regional groupings, BIMSTEC is a sector-driven cooperative organization. Starting with six sectors for sectoral cooperation, it expanded to embrace nine more sectors.”
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