QUIZ – 2017: Insights Current Affairs Quiz -21 OCTOBER 2017
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.
Hope you enjoy this quiz. If you like it, then please share it. Thank you.
INSIGHTS CURRENT EVENTS QUIZ 2017
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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
1 pointsThe Union Government has collected more than ₹5 Cr. so far this year as penalty from NGOs which have failed to file their annual returns under Foreign Contribution Regulation Act. Which Ministry has collected the fine?
Correct
Solution: c
Explanation:
The Union Home Ministry has collected more than ₹5 crore so far this year as penalty from NGOs which have failed to file their annual income and expenditure statements on time.
Filing of annual returns by NGOs within the stipulated date is mandatory under the Foreign Contribution Regulation Act (FCRA).
The NGOs had to pay the penalty after they were told that their registration under the FCRA would be cancelled if they do not file the annual returns with the fine.
Incorrect
Solution: c
Explanation:
The Union Home Ministry has collected more than ₹5 crore so far this year as penalty from NGOs which have failed to file their annual income and expenditure statements on time.
Filing of annual returns by NGOs within the stipulated date is mandatory under the Foreign Contribution Regulation Act (FCRA).
The NGOs had to pay the penalty after they were told that their registration under the FCRA would be cancelled if they do not file the annual returns with the fine.
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Question 2 of 5
2. Question
1 pointsRO-RO ferry service carries
- Passengers
- Wheeled Cargo
Correct
Solution: c
Explanation:
A first of its kind in India, RO-RO ferry will be able to carry up to 100 vehicles (cars, buses and trucks) and 250 passengers between the two ports. The ro-ro ferry services are vessels made to carry wheeled cargo that are driven on and off the ferry on their own wheels or using a platform vehicle. The wheeled cargo includes, cars, trucks, semi-trailer trucks, trailers, and railroad cars
Incorrect
Solution: c
Explanation:
A first of its kind in India, RO-RO ferry will be able to carry up to 100 vehicles (cars, buses and trucks) and 250 passengers between the two ports. The ro-ro ferry services are vessels made to carry wheeled cargo that are driven on and off the ferry on their own wheels or using a platform vehicle. The wheeled cargo includes, cars, trucks, semi-trailer trucks, trailers, and railroad cars
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Question 3 of 5
3. Question
1 pointsRecipients of the Prime Minister’s Research fellowship are selected from
1) Indian Institute of Science, Bengaluru.
2) The 23 Indian Institutes of Technology.
3) The National Institutes of Technology.
Correct
Solution: d
Explanation:
The Ministry of Human Resource Development is looking to tweak the criteria for selecting recipients of the Prime Minister’s fellowship from among research students of the Indian Institute of Science, Bengaluru, the 23 Indian Institutes of Technology and the National Institutes of Technology.
The fellowships, which are supposed to promote research and innovation, will pay up about ₹75,000 a month.
One crucial change that the MHRD is mulling over is to tweak the criteria regarding who can apply.
While the earlier plan was to let anyone scoring a CGPA of 8 or above in BTech apply for the scholarship, now there is a plan to allow those students of these institutions who scored in the top 20 percentile to apply for it.
Incorrect
Solution: d
Explanation:
The Ministry of Human Resource Development is looking to tweak the criteria for selecting recipients of the Prime Minister’s fellowship from among research students of the Indian Institute of Science, Bengaluru, the 23 Indian Institutes of Technology and the National Institutes of Technology.
The fellowships, which are supposed to promote research and innovation, will pay up about ₹75,000 a month.
One crucial change that the MHRD is mulling over is to tweak the criteria regarding who can apply.
While the earlier plan was to let anyone scoring a CGPA of 8 or above in BTech apply for the scholarship, now there is a plan to allow those students of these institutions who scored in the top 20 percentile to apply for it.
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Question 4 of 5
4. Question
1 pointsThe Multi Commodity Exchange has introduced gold option contracts for the first time in India.
Which of the following statements is/are true about futures and options?
1) Futures are contracts that grant the right to buy or sell an underlying asset at a set price on or before a certain date
2) Options are contracts that grant the right, but not the obligation to buy or sell an underlying asset at a set price on or before a certain date.
Correct
Solution: c
Explanation: The statements are self-explanatory.
Incorrect
Solution: c
Explanation: The statements are self-explanatory.
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Question 5 of 5
5. Question
1 pointsMiddle East and West Asia are often in news because of the turmoil in the regions. Which countries belong to either Middle East or West Asia but not to both regions?
1) Egypt 2) Azerbaijan 3) Georgia 4) Armenia
Correct
Solution: d
Explanation:
Incorrect
Solution: d
Explanation:
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