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 2020. 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 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 pointsConsider the following statements regarding National Security Clause under the WTO rules.
- National Security Clause is an exception that allows WTO members to breach their WTO obligations for purposes of national security.
- If India invokes National Security Clause, it would allow India to impose tariffs on imports from one country while exempting other trading partners.
Which of the above statements is/are correct?
Correct
Solution: c)
National Security Exception laid out in Article XXI of the General Agreement on Tariffs and Trade (GATT) allows WTO members to breach their WTO obligations for purposes of national security.
Border hostilities potentially give India room to invoke the national security clause in the WTO rules. This would allow it to impose tariffs on imports from China while exempting other trading partners.
Incorrect
Solution: c)
National Security Exception laid out in Article XXI of the General Agreement on Tariffs and Trade (GATT) allows WTO members to breach their WTO obligations for purposes of national security.
Border hostilities potentially give India room to invoke the national security clause in the WTO rules. This would allow it to impose tariffs on imports from China while exempting other trading partners.
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Question 2 of 5
2. Question
1 pointsConsider the following statements regarding Bambusa tulda.
- Bambusa tulda is an evergreen Bamboo native to the Indian subcontinent.
- It is used by the paper pulp industry and for making Agarbatti sticks in India.
- In 2018 the Government amended the Indian Forest Act, 1927 to include bamboo grown on non-forest areas under the definition of a tree.
Which of the above statements is/are correct?
Correct
Solution: b)
Bambusa tulda also know as Indian timber bamboo or Bengal Bamboo is native to the Indian subcontinent, Indochina, Tibet, and Yunnan, and naturalized in Iraq, Puerto Rico, and parts of South America. It prefers a tropical or subtropical climate. It is used extensively by the paper pulp industry in India and with near solid culms makes an excellent strong timber.
The Khadi and Village Industries Commission (KVIC) has proposed bamboo plantation for its asset monetisation. Bambusa Tulda, used for making Agarbatti sticks, has been planted in Maharashtra with an aim to support the local Agarbatti industry and to create regular income flow for training centres.
In 2018 the Government amended the Indian Forest Act, 1927 omitting bamboo grown on non-forest areas from the definition of a tree. This exempted it from requiring permits for felling or transportation.
Incorrect
Solution: b)
Bambusa tulda also know as Indian timber bamboo or Bengal Bamboo is native to the Indian subcontinent, Indochina, Tibet, and Yunnan, and naturalized in Iraq, Puerto Rico, and parts of South America. It prefers a tropical or subtropical climate. It is used extensively by the paper pulp industry in India and with near solid culms makes an excellent strong timber.
The Khadi and Village Industries Commission (KVIC) has proposed bamboo plantation for its asset monetisation. Bambusa Tulda, used for making Agarbatti sticks, has been planted in Maharashtra with an aim to support the local Agarbatti industry and to create regular income flow for training centres.
In 2018 the Government amended the Indian Forest Act, 1927 omitting bamboo grown on non-forest areas from the definition of a tree. This exempted it from requiring permits for felling or transportation.
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Question 3 of 5
3. Question
1 pointsConsider the following statements regarding Financial Action Task Force (FATF).
- Financial Action Task Force (FATF) is a policy-making body that sets international standards to prevent money laundering and terrorist financing.
- FATF is an initiative of the G7.
- FATF has got sanctioning powers on the countries listed in the FATF Blacklist.
Which of the above statements is/are correct?
Correct
Solution: a)
The Financial Action Task Force (FATF) is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering. In 2001, its mandate was expanded to include terrorism financing.
The objectives of 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. FATF is a “policy-making body” that works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
Since 2000, FATF has maintained the FATF blacklist (formally called the “Call for action”) and the FATF greylist (formally called the “Other monitored jurisdictions”).
The FATF Secretariat is located at the OECD headquarters in Paris.
The effect of the FATF Blacklist has been significant, and arguably has proven more important in international efforts against money laundering than has the FATF Recommendations. While, under international law, the FATF Blacklist carried with it no formal sanction, in reality, a jurisdiction placed on the FATF Blacklist often found itself under intense financial pressure.
Incorrect
Solution: a)
The Financial Action Task Force (FATF) is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering. In 2001, its mandate was expanded to include terrorism financing.
The objectives of 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. FATF is a “policy-making body” that works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
Since 2000, FATF has maintained the FATF blacklist (formally called the “Call for action”) and the FATF greylist (formally called the “Other monitored jurisdictions”).
The FATF Secretariat is located at the OECD headquarters in Paris.
The effect of the FATF Blacklist has been significant, and arguably has proven more important in international efforts against money laundering than has the FATF Recommendations. While, under international law, the FATF Blacklist carried with it no formal sanction, in reality, a jurisdiction placed on the FATF Blacklist often found itself under intense financial pressure.
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Question 4 of 5
4. Question
1 pointsThe official committees that have estimated the number of people living in poverty in India are
- Y K Alagh committee
- D T Lakdawala committee
- Suresh Tendulkar committee
- C Rangarajan committee
Select the correct answer code:
Correct
Solution: d)
Six official committees have so far estimated the number of people living in poverty in India — the working group of 1962; V N Dandekar and N Rath in 1971; Y K Alagh in 1979; D T Lakdawala in 1993; Suresh Tendulkar in 2009; and C Rangarajan in 2014.
Incorrect
Solution: d)
Six official committees have so far estimated the number of people living in poverty in India — the working group of 1962; V N Dandekar and N Rath in 1971; Y K Alagh in 1979; D T Lakdawala in 1993; Suresh Tendulkar in 2009; and C Rangarajan in 2014.
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Question 5 of 5
5. Question
1 pointsConsider the following statements regarding Bhagwan Mahaveer Wildlife Sanctuary, recently seen in news.
- Bhagwan Mahaveer Sanctuary is located in the Western Ghats of Karnataka.
- It is home to Dudhsagar Waterfalls.
Which of the above statements is/are correct?
Correct
Solution: b)
Serious concerns were expressed regarding the virtual clearances granted to two projects passing through a wildlife sanctuary and national park in Goa.
The four-laning of highway and the laying of a line-in lineout (LILO) transmission line which will result in habitat fragmentation and have direct impacts on wildlife in Goa’s Bhagwan Mahaveer Wildlife Sanctuary and Mollem National Park.
Bhagwan Mahaveer Sanctuary and Mollem National Park is a protected area located in the Western Ghats of South India, in Goa.
It contains several important temples dating to the Kadambas of Goa, and home to waterfalls, such as Dudhsagar Falls and Tambdi Falls. The parkland is also home to a community of nomadic buffalo herders known as the Dhangar.
Incorrect
Solution: b)
Serious concerns were expressed regarding the virtual clearances granted to two projects passing through a wildlife sanctuary and national park in Goa.
The four-laning of highway and the laying of a line-in lineout (LILO) transmission line which will result in habitat fragmentation and have direct impacts on wildlife in Goa’s Bhagwan Mahaveer Wildlife Sanctuary and Mollem National Park.
Bhagwan Mahaveer Sanctuary and Mollem National Park is a protected area located in the Western Ghats of South India, in Goa.
It contains several important temples dating to the Kadambas of Goa, and home to waterfalls, such as Dudhsagar Falls and Tambdi Falls. The parkland is also home to a community of nomadic buffalo herders known as the Dhangar.