QUIZ – 2017: Insights Current Affairs Quiz,25 February 2019
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 2019
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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 pointsUnited Nations General Assembly proclaimed 2019 as the International Year of
Correct
Solution: d)
On 19 December 2016 the United Nations General Assembly proclaimed 2019 as the International Year of Indigenous Languages based on a resolution of the UN Permanent Forum on Indigenous Issues. The General Assembly resolution requested the United Nations Educational, Scientific and Cultural Organization (UNESCO) as the lead UN agency for coordination of the year.
Incorrect
Solution: d)
On 19 December 2016 the United Nations General Assembly proclaimed 2019 as the International Year of Indigenous Languages based on a resolution of the UN Permanent Forum on Indigenous Issues. The General Assembly resolution requested the United Nations Educational, Scientific and Cultural Organization (UNESCO) as the lead UN agency for coordination of the year.
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Question 2 of 5
2. Question
1 pointsConsider the following statements about Financial Sector Legislative Reforms Commission (FSLRC).
- Financial Sector Legislative Reforms Commission (FSLRC) is a statutory body setup by the parliament.
- The Commission is chaired by Justice B. N. Srikrishna.
- The Commission would streamline regulatory architecture of financial markets.
Which of the above statements is/are correct?
Correct
Solution: c)
The Financial Sector Legislative Reforms Commission (FSLRC) is a body set up by the Government of India, Ministry of Finance, on 24 March 2011, to review and rewrite the legal-institutional architecture of the Indian financial sector. This Commission is chaired by a former Judge of the Supreme Court of India, Justice B. N. Srikrishna and has an eclectic mix of expert members drawn from the fields of finance, economics, public administration, law etc.
The Commission would examine financial sector legislations, including subordinate legislations. The Commission would also examine the case for greater convergence of regulations and streamline regulatory architecture of financial markets.
Incorrect
Solution: c)
The Financial Sector Legislative Reforms Commission (FSLRC) is a body set up by the Government of India, Ministry of Finance, on 24 March 2011, to review and rewrite the legal-institutional architecture of the Indian financial sector. This Commission is chaired by a former Judge of the Supreme Court of India, Justice B. N. Srikrishna and has an eclectic mix of expert members drawn from the fields of finance, economics, public administration, law etc.
The Commission would examine financial sector legislations, including subordinate legislations. The Commission would also examine the case for greater convergence of regulations and streamline regulatory architecture of financial markets.
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Question 3 of 5
3. Question
1 pointsConsider the following statements about Operation Digital Board (ODB)
- Union Human Resource Development Ministry has launched Operation Digital Board.
- It aims to provide e-resources at any time and at any place to students.
- The digital board will be introduced in the Aspirational Districts.
Which of the above statements is/are correct?
Correct
Solution: a)
Operation Digital Board (ODB) aims at converting a class room into a digital class room and provide e-resources at any time and at any place to students.
The digital board will be introduced all over the country in government and government aided schools from class 9th onwards as well as in higher education institutions.
The Operation Digital Board (ODB) will be implemented in the Higher Education Institutions (HEIs) by the University Grants Commission (UGC).
Incorrect
Solution: a)
Operation Digital Board (ODB) aims at converting a class room into a digital class room and provide e-resources at any time and at any place to students.
The digital board will be introduced all over the country in government and government aided schools from class 9th onwards as well as in higher education institutions.
The Operation Digital Board (ODB) will be implemented in the Higher Education Institutions (HEIs) by the University Grants Commission (UGC).
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Question 4 of 5
4. Question
1 pointsConsider the following statements about Atmospheric Water Generator (AWG) unveiled by Bharat Electronics Ltd (BEL).
- The Atmospheric Water Generator is being manufactured by BEL in collaboration with Israel.
- It extracts water from the humidity present in the atmosphere.
- The water extracted is Non–potable water.
Which of the above statements is/are incorrect?
Correct
Solution: c)
The Atmospheric Water Generator is being manufactured by BEL in collaboration with CSIR-IICT and MAITHRI, a start-up company based in Hyderabad.
BEL’s Atmospheric Water Generator employs a novel technology to extract water from the humidity present in the atmosphere and purify it.
- It uses heat exchange for condensing the atmospheric moisture to produce pure, safe and clean potable water.
Incorrect
Solution: c)
The Atmospheric Water Generator is being manufactured by BEL in collaboration with CSIR-IICT and MAITHRI, a start-up company based in Hyderabad.
BEL’s Atmospheric Water Generator employs a novel technology to extract water from the humidity present in the atmosphere and purify it.
- It uses heat exchange for condensing the atmospheric moisture to produce pure, safe and clean potable water.
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Question 5 of 5
5. Question
1 pointsConsider the following statements about Financial Action Task Force (FATF).
- The Financial Action Task Force (FATF) is an inter-governmental body established by World Bank.
- It is a policy-making body and promotes implementation of legal, regulatory and operational measures for combating money laundering and terrorist financing.
- India is a full-fledged member of FATF.
Which of the above statements is/are correct?
Correct
Solution: d)
The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions. The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.
The FATF is therefore a “policy-making body” which works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
The FATF has developed a series of Recommendations that are recognised as the international standard for combating of money laundering and the financing of terrorism and proliferation of weapons of mass destruction.
India has become a full-fledged member of Financial Action Task Force (FATF). FATF membership is very important for India in its quest to become a major player in the International finance. It will help India to build the capacity to fight terrorism and trace terrorist money and to successfully investigate and prosecute money laundering and terrorist financing offences. India will benefit in securing a more transparent and stable financial system by ensuring that financial institutions are not vulnerable to infiltration or abuse by organized crime groups.
Incorrect
Solution: d)
The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions. The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.
The FATF is therefore a “policy-making body” which works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
The FATF has developed a series of Recommendations that are recognised as the international standard for combating of money laundering and the financing of terrorism and proliferation of weapons of mass destruction.
India has become a full-fledged member of Financial Action Task Force (FATF). FATF membership is very important for India in its quest to become a major player in the International finance. It will help India to build the capacity to fight terrorism and trace terrorist money and to successfully investigate and prosecute money laundering and terrorist financing offences. India will benefit in securing a more transparent and stable financial system by ensuring that financial institutions are not vulnerable to infiltration or abuse by organized crime groups.