QUIZ – 2017: Insights Current Affairs Quiz, 06 February 2018
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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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 first Pelican Bird Festival-2018 was recently organised at
Correct
Solution: b.
It was organised by the AP State Tourism Department.
Incorrect
Solution: b.
It was organised by the AP State Tourism Department.
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Question 2 of 5
2. Question
1 pointsConsider the following pairs:
Launch Pad – Location
- Kennedy Space Centre – San Francisco, California
- Europe’s Spaceport – Kourou, French Guiana
- Satish Dhawan Space Centre – Abdul Kalam Island, Odisha
- Rocket Lab Launch Complex – Mahia Peninsula, New Zealand
Which of the pairs given above is/are correctly matched?
Correct
Solution: c.
You can eliminate the 1st given pair easily. Because satellites and missile tests always are launched from the east coast (http://www.thehindu.com/sci-tech/science/why-are-all-satellites-and-missiles-launched-from-the-east-coast/article7202159.ece)
Kennedy Space Centre – Florida
Europe’s Spaceport – Kourou, French Guiana
Satish Dhawan Space Centre – Sriharikota, Andhra Pradesh
Rocket Lab Launch Complex – Mahia Peninsula, NZ
Improvisation (passing reference to the launch pad at Kourou): http://www.thehindu.com/sci-tech/science/isro-needs-4-years-to-catch-up-with-satellite-demand-dr-sivan/article22651083.ece;
Incorrect
Solution: c.
You can eliminate the 1st given pair easily. Because satellites and missile tests always are launched from the east coast (http://www.thehindu.com/sci-tech/science/why-are-all-satellites-and-missiles-launched-from-the-east-coast/article7202159.ece)
Kennedy Space Centre – Florida
Europe’s Spaceport – Kourou, French Guiana
Satish Dhawan Space Centre – Sriharikota, Andhra Pradesh
Rocket Lab Launch Complex – Mahia Peninsula, NZ
Improvisation (passing reference to the launch pad at Kourou): http://www.thehindu.com/sci-tech/science/isro-needs-4-years-to-catch-up-with-satellite-demand-dr-sivan/article22651083.ece;
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Question 3 of 5
3. Question
1 pointsConsider the following pairs:
State/Union Territory – High Court with jurisdiction
- Andaman and Nicobar Islands – Madras High Court
- Dadra and Nagar Haveli – Gujarat High Court
- Lakshadweep – Kerala High Court
Which of the pairs given above is/are correctly matched?
Correct
Solution: b.
Andaman and Nicobar Islands – Calcutta High Court
Dadra and Nagar Haveli (also, Goa and Daman and Diu) – Bombay High Court
Lakshadweep – Kerala High Court
https://archive.india.gov.in/citizen/lawnorder.php?id=8 (Same table is provided at the end of the chapter ‘High Court’ in Laxmikanth’s Polity);
Source/Improvisation: http://www.thehindu.com/news/cities/kolkata/paucity-of-judges-in-calcutta-hc/article22651191.ece;
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Incorrect
Solution: b.
Andaman and Nicobar Islands – Calcutta High Court
Dadra and Nagar Haveli (also, Goa and Daman and Diu) – Bombay High Court
Lakshadweep – Kerala High Court
https://archive.india.gov.in/citizen/lawnorder.php?id=8 (Same table is provided at the end of the chapter ‘High Court’ in Laxmikanth’s Polity);
Source/Improvisation: http://www.thehindu.com/news/cities/kolkata/paucity-of-judges-in-calcutta-hc/article22651191.ece;
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Question 4 of 5
4. Question
1 pointsThe ‘Cochrane Collaboration’, sometimes in the news, is deals with which one of the following issues?
Correct
Solution: a.
“The human papillomavirus (HPV) vaccine has run into more trouble. In January, a Rome-based epidemiologist, Tom Jefferson, of the Cochrane Collaboration highlighted in a paper worrying gaps in published data on the vaccine, designed to prevent HPV-related cervical cancer.”
About Cochrane (http://www.cochrane.org/about-us): It is a “global independent network of researchers, professionals, patients, carers, and people interested in health.. Cochrane is for anyone who is interested in using high-quality information to make better health decisions.”
Improvisation: http://www.thehindu.com/opinion/op-ed/understanding-the-hpv-vaccines-risk/article22651385.ece;
Incorrect
Solution: a.
“The human papillomavirus (HPV) vaccine has run into more trouble. In January, a Rome-based epidemiologist, Tom Jefferson, of the Cochrane Collaboration highlighted in a paper worrying gaps in published data on the vaccine, designed to prevent HPV-related cervical cancer.”
About Cochrane (http://www.cochrane.org/about-us): It is a “global independent network of researchers, professionals, patients, carers, and people interested in health.. Cochrane is for anyone who is interested in using high-quality information to make better health decisions.”
Improvisation: http://www.thehindu.com/opinion/op-ed/understanding-the-hpv-vaccines-risk/article22651385.ece;
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Question 5 of 5
5. Question
1 pointsConsider the following statements:
1.Outward Direct Investments (ODIs) can take the form of either of a greenfield investment or a merger/acquisition of an existing foreign facility
2.ODIs of Indian firms primarily take the form of mergers and acquisitions
Which of the statements given above is/are correct?
Correct
Solution: c.
A mains-oriented question. Both statements are correct.
The finance minister in his budget speech stated, “The Government will review existing guidelines and processes and bring out a coherent and integrated Outward Direct Investment (ODI) policy.”
The proposed ODI policy may contain provisions that would encourage and enable internationalisation of many Indian firms – envisioning ambitious plans to transform themselves into MNCs, to go global and expand.
Indian firms invest in foreign shores primarily through mergers and acquisition (M&A) transactions. With rising M&A activity, companies will get direct access to newer and more extensive markets, and better technologies, which would enable them to increase their customer base and achieve a global reach.
Additional Information: The ODI policy was expected to tighten regulations to prevent round-tripping structures, where funds are routed by India-based companies into a newly formed or existing overseas subsidiary and then brought back to India to circumvent regulations here.
Top ten ODI destination countries over the past few financial years included Mauritius, Singapore, the U.S., the UAE, the Netherlands, the U.K, Switzerland, Russia, Jersey and British Virgin Islands (these countries provide higher tax benefits). Cumulatively, these nations were the beneficiaries of 84% or more of India’s ODI during each of those financial years. Interestingly, this composition of ODI destination countries more or less mirrored the top sources of foreign direct investment inflows into India in the same period.
https://www.investopedia.com/terms/o/outward_direct_investment.asp;
Incorrect
Solution: c.
A mains-oriented question. Both statements are correct.
The finance minister in his budget speech stated, “The Government will review existing guidelines and processes and bring out a coherent and integrated Outward Direct Investment (ODI) policy.”
The proposed ODI policy may contain provisions that would encourage and enable internationalisation of many Indian firms – envisioning ambitious plans to transform themselves into MNCs, to go global and expand.
Indian firms invest in foreign shores primarily through mergers and acquisition (M&A) transactions. With rising M&A activity, companies will get direct access to newer and more extensive markets, and better technologies, which would enable them to increase their customer base and achieve a global reach.
Additional Information: The ODI policy was expected to tighten regulations to prevent round-tripping structures, where funds are routed by India-based companies into a newly formed or existing overseas subsidiary and then brought back to India to circumvent regulations here.
Top ten ODI destination countries over the past few financial years included Mauritius, Singapore, the U.S., the UAE, the Netherlands, the U.K, Switzerland, Russia, Jersey and British Virgin Islands (these countries provide higher tax benefits). Cumulatively, these nations were the beneficiaries of 84% or more of India’s ODI during each of those financial years. Interestingly, this composition of ODI destination countries more or less mirrored the top sources of foreign direct investment inflows into India in the same period.
https://www.investopedia.com/terms/o/outward_direct_investment.asp;
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