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 AFFAIRS QUIZ 2020
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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 pointsA share repurchase or buyback is a decision by a company to purchase its own stock from the market. Such a move may lead to
- It reduces the number of outstanding shares of the company.
- It tends to increase the price of remaining shares.
- It is often undertaken when the company’s shares are undervalued.
Select the correct answer code:
Correct
Solution: d)
What is a share buyback?
A share repurchase or buyback is a decision by a company to purchase its own stock from the market. Such a move reduces the number of outstanding shares of the company and tend to push up their price and is often undertaken when management considers the company’s shares undervalued.
It is also a key way to transfer surplus earnings to shareholders and tends to lead to an increase in share prices.
Incorrect
Solution: d)
What is a share buyback?
A share repurchase or buyback is a decision by a company to purchase its own stock from the market. Such a move reduces the number of outstanding shares of the company and tend to push up their price and is often undertaken when management considers the company’s shares undervalued.
It is also a key way to transfer surplus earnings to shareholders and tends to lead to an increase in share prices.
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Question 2 of 5
2. Question
1 pointsIndia’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to
Correct
Solution: c)
India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest economy.
Incorrect
Solution: c)
India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest economy.
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Question 3 of 5
3. Question
1 pointsWhich of the following categories are excluded from the benefits of PM-KISAN Yojana.
- Income tax payer farmers
- Those who received a monthly pension above ₹10,000
- Institutional landholders
- Those who held a constitutional position
Select the correct answer code:
Correct
Solution: d)
PM-KISAN payments worth ₹1,364 crore have been wrongly made to more than 20 lakh ineligible beneficiaries and income tax payer farmers, according to information provided by the Agriculture Ministry in response to an RTI request.
Certain exclusions remained. If any member of a farming family paid income tax, received a monthly pension above ₹10,000, held a constitutional position, or was a serving or retired government employee, they were not eligible for the scheme. Professionals, and institutional landholders were also excluded.
Incorrect
Solution: d)
PM-KISAN payments worth ₹1,364 crore have been wrongly made to more than 20 lakh ineligible beneficiaries and income tax payer farmers, according to information provided by the Agriculture Ministry in response to an RTI request.
Certain exclusions remained. If any member of a farming family paid income tax, received a monthly pension above ₹10,000, held a constitutional position, or was a serving or retired government employee, they were not eligible for the scheme. Professionals, and institutional landholders were also excluded.
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Question 4 of 5
4. Question
1 pointsConsider the following statements regarding UN peacekeeping forces.
- According to UN Charter every Member State is legally obligated to pay their respective share for peacekeeping.
- Peacekeeping forces are contributed by UN member states on a mandatory basis.
Which of the above statements is/ are correct?
Correct
Solution: a)
United Nations Peacekeeping is a joint effort between the Department of Peace Operations and the Department of Operational Support. Every peacekeeping mission is authorized by the Security Council.
The financial resources of UN Peacekeeping operations are the collective responsibility of UN Member States. According to UN Charter every Member State is legally obligated to pay their respective share for peacekeeping.
UN peacekeepers (often referred to as Blue Berets or Blue Helmets because of their light blue berets or helmets) can include soldiers, police officers, and civilian personnel. Peacekeeping forces are contributed by member states on a voluntary basis. Civilian staff of peace operations are international civil servants, recruited and deployed by the UN Secretariat.
Incorrect
Solution: a)
United Nations Peacekeeping is a joint effort between the Department of Peace Operations and the Department of Operational Support. Every peacekeeping mission is authorized by the Security Council.
The financial resources of UN Peacekeeping operations are the collective responsibility of UN Member States. According to UN Charter every Member State is legally obligated to pay their respective share for peacekeeping.
UN peacekeepers (often referred to as Blue Berets or Blue Helmets because of their light blue berets or helmets) can include soldiers, police officers, and civilian personnel. Peacekeeping forces are contributed by member states on a voluntary basis. Civilian staff of peace operations are international civil servants, recruited and deployed by the UN Secretariat.
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Question 5 of 5
5. Question
1 pointsThe countries bordering Syria are
- Saudi Arabia
- Iraq
- Jordan
- Lebanon
- Turkey
Select the correct answer code:
Correct
Solution: c)
Incorrect
Solution: c)