QUIZ – 2017: Insights Current Affairs Quiz, 07 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 6
1. Question
1 pointsWhich of the following is/are famous for Sun temples?
- Modhera
- Amarakantak
- Arasavalli
Select the correct answer using the code given below :
Correct
Solution: c.
The Sun Temple located at Modhera (Gujarat) was built in 1026-27 AD.
Arasavalli Sun Temple is a 7th-century AD Sun Temple at Arasavalli in Andhra Pradesh.
Omkareshwar is a temple dedicated to God Shiva.
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Incorrect
Solution: c.
The Sun Temple located at Modhera (Gujarat) was built in 1026-27 AD.
Arasavalli Sun Temple is a 7th-century AD Sun Temple at Arasavalli in Andhra Pradesh.
Omkareshwar is a temple dedicated to God Shiva.
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Question 2 of 6
2. Question
1 pointsWhich of the following can be gleaned from announcements made with reference to bitcoins in the recent budget?
1.Their use as a part of the payment system will be eliminated
- The government recognises them to be crypto-assets
Select the correct answer using the code given below:
Correct
Solution: c.
A bitcoin is one of several cryptocurrencies.
Para 112 (http://www.indiabudget.gov.in/bspeecha.asp): Distributed ledger system or the block chain technology allows organization of any chain of records or transactions without the need of intermediaries. The Government does not consider crypto-currencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system. The Government will explore use of block chain technology proactively for ushering in digital economy.
Improvisation: http://www.thehindu.com/opinion/op-ed/fearing-cryptocurrencies/article22661656.ece;
Incorrect
Solution: c.
A bitcoin is one of several cryptocurrencies.
Para 112 (http://www.indiabudget.gov.in/bspeecha.asp): Distributed ledger system or the block chain technology allows organization of any chain of records or transactions without the need of intermediaries. The Government does not consider crypto-currencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system. The Government will explore use of block chain technology proactively for ushering in digital economy.
Improvisation: http://www.thehindu.com/opinion/op-ed/fearing-cryptocurrencies/article22661656.ece;
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Question 3 of 6
3. Question
1 pointsThe recently announced National Health Protection Scheme is an intervention to address health in which of the following systems?
1.Primary healthcare
2.Secondary healthcare
- Tertiary healthcare
Select the correct answer using the code given below:
Correct
Solution: b.
There are two major initiatives as part of the “Ayushman Bharat’’ programme which is aimed at making path breaking interventions to address health holistically, in primary, secondary and tertiary care system covering both prevention and health promotion.
The National Health Policy, 2017 has envisioned Health and Wellness Centres as the foundation of India’s health system. These 1.5 lakh (primary healthcare) centres will bring health care system closer to the homes of people. These centres will provide comprehensive health care, including for non- communicable diseases and maternal and child health services. These centres will also provide free essential drugs and diagnostic services.
The flagship National Health Protection Scheme will cover over 10 crore poor and vulnerable families (approximately 50 crore beneficiaries), providing coverage upto 5 lakh rupees per family per year for secondary and tertiary care hospitalization.Improvisation: http://www.thehindu.com/opinion/op-ed/making-health-insurance-work/article22661666.ece;
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Incorrect
Solution: b.
There are two major initiatives as part of the “Ayushman Bharat’’ programme which is aimed at making path breaking interventions to address health holistically, in primary, secondary and tertiary care system covering both prevention and health promotion.
The National Health Policy, 2017 has envisioned Health and Wellness Centres as the foundation of India’s health system. These 1.5 lakh (primary healthcare) centres will bring health care system closer to the homes of people. These centres will provide comprehensive health care, including for non- communicable diseases and maternal and child health services. These centres will also provide free essential drugs and diagnostic services.
The flagship National Health Protection Scheme will cover over 10 crore poor and vulnerable families (approximately 50 crore beneficiaries), providing coverage upto 5 lakh rupees per family per year for secondary and tertiary care hospitalization.Improvisation: http://www.thehindu.com/opinion/op-ed/making-health-insurance-work/article22661666.ece;
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Question 4 of 6
4. Question
1 pointsWhich of the following is likely to happen as a consequence of India’s recent initiation of crude oil imports from USA?
1.It will mitigate the risks arising out of geo-political disruptions and enhance energy security for India
2.It will aggravate the trade imbalance between India and Iran
Select the correct answer using the code given below:
Correct
Solution: a.
India has a significant trade deficit with Iran since 2006-07 on account of surge in oil imports. Diversifying its crude oil import basket (procuring now from USA as well) means that India’s dependence of countries such as Iran and Saudi for crude oil shipments will decrease, thereby reducing India’s trade deficit with these countries.
Additionally, India has a favourable trade balance with USA. India’s crude oil imports will reduce USA’s trade deficit with us.
http://www.thehindu.com/news/national/us-energy-secretary-to-visit-india/article22661893.ece;
From 2016: http://www.thehindubusinessline.com/economy/policy/indias-trade-with-iran-set-to-increase/article8155000.ece;
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Incorrect
Solution: a.
India has a significant trade deficit with Iran since 2006-07 on account of surge in oil imports. Diversifying its crude oil import basket (procuring now from USA as well) means that India’s dependence of countries such as Iran and Saudi for crude oil shipments will decrease, thereby reducing India’s trade deficit with these countries.
Additionally, India has a favourable trade balance with USA. India’s crude oil imports will reduce USA’s trade deficit with us.
http://www.thehindu.com/news/national/us-energy-secretary-to-visit-india/article22661893.ece;
From 2016: http://www.thehindubusinessline.com/economy/policy/indias-trade-with-iran-set-to-increase/article8155000.ece;
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Question 5 of 6
5. Question
1 pointsA nation’s ranking in the World Bank’s “ease of doing business” index is based on the average of 10 sub-indices. Consider the following statements about one of these sub-indices, “enforcing contracts”:
1.A country’s performance on this indicator is directly dependent on its ability to provide an effective dispute resolution system
2.India’s position in this sub-index has improved in the latest report
Which of the statements given above is/are correct?
Correct
Solution: c.
The Economic Survey notes that India jumped 30 places to break into the top 100 for the first time in the World Bank’s Ease of Doing Business Report (EODB), 2018. The rankings reflect the government’s reform measures on a wide range of indicators.
- India leaped 53 and 33 spots in the taxation and insolvency indices, respectively, on the back of administrative reforms in taxation and passage of the Insolvency and Bankruptcy Code (IBC), 2016.
- It also made strides on protecting minority investors and obtaining credit, and retained a high rank on getting electricity, after a 70 spot rise in EODB, 2017 due to the government’s electricity reforms.
- The Survey however says that India continues to lag on the indicator on enforcing contracts, marginally improving its position from 172 to 164 in the latest report.
http://pib.nic.in/newsite/PrintRelease.aspx?relid=175975;
Source/Improvisation: http://www.thehindu.com/opinion/op-ed/courting-the-rankings/article22661678.ece;
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Incorrect
Solution: c.
The Economic Survey notes that India jumped 30 places to break into the top 100 for the first time in the World Bank’s Ease of Doing Business Report (EODB), 2018. The rankings reflect the government’s reform measures on a wide range of indicators.
- India leaped 53 and 33 spots in the taxation and insolvency indices, respectively, on the back of administrative reforms in taxation and passage of the Insolvency and Bankruptcy Code (IBC), 2016.
- It also made strides on protecting minority investors and obtaining credit, and retained a high rank on getting electricity, after a 70 spot rise in EODB, 2017 due to the government’s electricity reforms.
- The Survey however says that India continues to lag on the indicator on enforcing contracts, marginally improving its position from 172 to 164 in the latest report.
http://pib.nic.in/newsite/PrintRelease.aspx?relid=175975;
Source/Improvisation: http://www.thehindu.com/opinion/op-ed/courting-the-rankings/article22661678.ece;
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Question 6 of 6
6. Question
1 pointsWhich among the following is NOT a sub-index in the World Bank’s “ease of doing business” index?
Correct
Solution: a.
Following are the ten indicators:
- Starting a business
- Dealing with construction permits
- Getting electricity
- Registering property
- Getting credit
- Protecting minority investors
- Paying taxes
- Trading across borders
- Enforcing contracts
- Resolving insolvency
http://www.doingbusiness.org/methodology;
Source/Improvisation: http://www.thehindu.com/opinion/op-ed/courting-the-rankings/article22661678.ece;
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Incorrect
Solution: a.
Following are the ten indicators:
- Starting a business
- Dealing with construction permits
- Getting electricity
- Registering property
- Getting credit
- Protecting minority investors
- Paying taxes
- Trading across borders
- Enforcing contracts
- Resolving insolvency
http://www.doingbusiness.org/methodology;
Source/Improvisation: http://www.thehindu.com/opinion/op-ed/courting-the-rankings/article22661678.ece;
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