QUIZ – 2016: Insights Current Affairs Quiz- 114

Solution: a.

Slightly modified question (from what was posted a few days ago).

Statement 2 defines the ‘grandfathering’ provision of the amended DTAA. The firms as mentioned in Statement 1 cannot avail the concessional rates of taxation for the two-year transition period beginning April 2017.

http://www.thehindu.com/business/Economy/investors-making-money-must-pay-taxes-no-fear-of-fdi-fall-says-jaitley/article8603705.ece

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http://indianexpress.com/article/explained/what-the-changes-in-the-tax-treaty-with-mauritius-mean-for-india-investors-2795965/

Solution: c.

Question being repeated.

“The missile defense battle space is divided between intercepts – in the atmosphere, what is called endo-atmospheric, and out of the atmosphere, what is called exo-atmospheric. An endoatmospheric missile is one that remains within the earth’s atmosphere, i.e., at an altitude below 100 kilometers.”

“The target missile was launched at about 11.15 hours and the interceptor, Advanced Air Defence (AAD) missile positioned at Abdul Kalam island (Wheeler Island) getting signals from tracking radars, roared through its trajectory to destroy the incoming hostile missile in mid-air, in an endo-atmospheric altitude, the sources said.”

Improvisation: http://www.thehindu.com/news/national/india-successfully-testfires-advanced-interceptor-missile/article8604747.ece

Solution: c.

Article 212 applies to state legislatures and is analogous to Article 122.

There are several prior cases in which the Supreme Court has examined the decision of the Speaker or the legislature. The Supreme Court has examined its powers of review under Articles 122 and 212 in the Raja Ram Pal case in 2007. This case pertained to the expulsion of some members of Parliament after they were found to have taken cash to ask questions in Parliament. The Court said: “The proceedings which may be tainted on account of substantive illegality or unconstitutionality, as opposed to those suffering from mere irregularity thus cannot be held protected from judicial scrutiny by Article 122 (1)”.

http://www.thehindu.com/opinion/op-ed/aadhar-bill-the-power-tocertify/article8604009.ece

Solution: a.

Both, the Lok Sabha as well as the Rajya Sabha are involved in the process of election and removal of the Vice President. But the RS alone can initiate the removal of the VP. Statements 2 and 3 are applicable to both RS and LS.

Page 22.20, 22.28 and 22.29; Indian Polity 4^th Edition by M Laxmikanth

Improvisation: http://www.thehindu.com/opinion/op-ed/aadhar-bill-the-power-tocertify/article8604009.ece

Solution: c.

Question being repeated.

“The Supreme Court has asked the Centre to respond on a plea seeking guidelines for punishment for animal abuse and exploitation in pet shop industry. A Bench of Justices Dipak Misra and S.K. Singh recently issued notice to the Ministry of Environment, Forests and Climate Change on a petition by NGO, Angel Trust, which contended that the Law Commission of India has given a detailed report regarding animals being treated with cruelty by pet shop owners and said the government should notify the rules prepared by the Animal Welfare Board of India.”

http://www.thehindu.com/news/national/plea-seeks-tough-laws-to-prevent-animal-cruelty/article8604764.ece

Solution: c.

The government has admitted that the amended Foreign Contribution Regulation Act (FCRA), 2010, which they brought in through the Finance Bill route, will not only help foreign-origin companies to fund NGOs here but has also cleared the way for them to give “donations to political parties.” Minister of State (Home) Kiren Rijiju told The Hindu that the amendment, which was cleared by the Lok Sabha in the recently concluded Budget session, will ensure that “donations made by such [foreign shareholding] companies to entities including political parties will not attract provisions of the FCRA, 2010.”

The statement assumes significance as such funding from foreign donors will bypass government scrutiny. The Representation of the People Act bars political parties from receiving foreign funds.

http://www.thehindu.com/news/national/foreign-firms-can-now-fund-parties/article8604763.ece