INSIGHTS CURRENT Affairs RTM - 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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New Initiative: Revision Through MCQs (RTM) – Revision of Current Affairs Made Interesting
As revision is the key to success in this exam, we are starting a new initiative where you will revise current affairs effectively through MCQs (RTM) that are solely based on Insights Daily Current Affairs.
These questions will be different than our regular current affairs quiz. These questions are framed to TEST how well you have read and revised Insights Current Affairs on daily basis.
We will post nearly 10 MCQs every day which are based on previous day’s Insights current affairs. Tonight we will be posting RTM questions on the Insights current affairs of October 3, 2019.
The added advantage of this initiative is it will help you solve at least 20 MCQs daily (5 Static + 5 CA Quiz + 10 RTM) – thereby helping you improve your retention as well as elimination and guessing skills.
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Question 1 of 10
1. Question
1 pointsConsider the following statements with reference to the Motion of Thanks.
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- It is addressed by the President of India.
- The motion is put to vote only in Lok Sabha.
- It is addressed at the beginning of every new session of the Parliament.
Which of the above statements is/are incorrect?
Correct
Ans: (d)
Explanation: here the directive word is incorrect!!
- The first session after each general election and the first session of every fiscal year is addressed by the president. In this address, the president outlines the policies and programmes of the government in the preceding year and ensuing year. This address of the president is called the ‘Motion of Thanks’. At the end of the discussion, the motion is put to vote.
- This motion must be passed in both the House. Otherwise, it amounts to the defeat of the government.
- This inaugural speech of the president is an occasion available to the members of Parliament to raise discussions and debates to examine and criticise the government and administration for its lapses and failures.
Refer: https://www.insightsonindia.com/2021/01/29/presidents-address/
Incorrect
Ans: (d)
Explanation: here the directive word is incorrect!!
- The first session after each general election and the first session of every fiscal year is addressed by the president. In this address, the president outlines the policies and programmes of the government in the preceding year and ensuing year. This address of the president is called the ‘Motion of Thanks’. At the end of the discussion, the motion is put to vote.
- This motion must be passed in both the House. Otherwise, it amounts to the defeat of the government.
- This inaugural speech of the president is an occasion available to the members of Parliament to raise discussions and debates to examine and criticise the government and administration for its lapses and failures.
Refer: https://www.insightsonindia.com/2021/01/29/presidents-address/
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Question 2 of 10
2. Question
1 pointsWith reference to the Legislative Assembly of a State in India, consider the following statements:
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- The Governor makes a customary address to Members of the House at the commencement of the first session of the year.
- When a State Legislature does not have a rule on a particular matter, it follows the Lok Sabha rule on that matter.
Which of the statements given above is / are correct?
Correct
Ans: (c)
Explanation:
- S1: Article 176(1) of the Constitution of India enjoins that the Governor shall Address both the Houses assembled together at the commencement of the first Session after each general election to the Assembly and at the commencement of the first session of each year and inform the Legislature of the causes of its Summons. See https://aplegislature.org/web/aplegislature/governors-address
- S2: When a State Legislature does not have a rule on a particular matter, it follows the Lok Sabha rule on that matter.
Refer: https://www.insightsonindia.com/2021/01/29/presidents-address/
Incorrect
Ans: (c)
Explanation:
- S1: Article 176(1) of the Constitution of India enjoins that the Governor shall Address both the Houses assembled together at the commencement of the first Session after each general election to the Assembly and at the commencement of the first session of each year and inform the Legislature of the causes of its Summons. See https://aplegislature.org/web/aplegislature/governors-address
- S2: When a State Legislature does not have a rule on a particular matter, it follows the Lok Sabha rule on that matter.
Refer: https://www.insightsonindia.com/2021/01/29/presidents-address/
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Question 3 of 10
3. Question
1 pointsConsider the following statements:
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- The State Election Commission is a Constitutional Authority.
- The powers and functions of the State Election Commission are identical to those vested in the Election Commission of India.
- State Election Commissioner cannot be removed by the Governor, though appointed by him.
Which of the given above statements is/are correct?
Correct
Ans: (d)
Explanation:
- State election commissioner is appointed by The Governor.
- The powers and functions of the State Election Commission under article 243K AND 243ZA of the Constitution Of India are identical to those vested in the Election Commission Of India constituted under article 324 of the Constitution Of India in their respective domains.
- His conditions of service and tenure of office shall also be determined by the governor.
- He shall not be removed from the office except in the manner and on the grounds prescribed for the removal of the judge of the state high court.
- A judge of a high court can be removed from his office by the president on the recommendation of the parliament. This means that a state election commissioner cannot be removed by the governor, though appointed by him.
Refer: https://www.insightsonindia.com/2021/01/29/sec-censures-two-ias-officers-a-p-govt-objects/
Incorrect
Ans: (d)
Explanation:
- State election commissioner is appointed by The Governor.
- The powers and functions of the State Election Commission under article 243K AND 243ZA of the Constitution Of India are identical to those vested in the Election Commission Of India constituted under article 324 of the Constitution Of India in their respective domains.
- His conditions of service and tenure of office shall also be determined by the governor.
- He shall not be removed from the office except in the manner and on the grounds prescribed for the removal of the judge of the state high court.
- A judge of a high court can be removed from his office by the president on the recommendation of the parliament. This means that a state election commissioner cannot be removed by the governor, though appointed by him.
Refer: https://www.insightsonindia.com/2021/01/29/sec-censures-two-ias-officers-a-p-govt-objects/
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Question 4 of 10
4. Question
1 pointsGalwan Valley is situated to the:
Correct
Ans: (d)
Explanation: The strategic importance of Galwan River Valley (GRV):
- The Galwan river is the highest ridgeline and it allows the Chinese to dominate the Shyok route passes, which is close to the river.
- It lies along the western sector of the LAC and close to Aksai Chin, a disputed area claimed by India but controlled by China.
Refer: https://www.insightsonindia.com/2021/01/29/jaishankar-suggests-way-forward-for-china-ties/
Incorrect
Ans: (d)
Explanation: The strategic importance of Galwan River Valley (GRV):
- The Galwan river is the highest ridgeline and it allows the Chinese to dominate the Shyok route passes, which is close to the river.
- It lies along the western sector of the LAC and close to Aksai Chin, a disputed area claimed by India but controlled by China.
Refer: https://www.insightsonindia.com/2021/01/29/jaishankar-suggests-way-forward-for-china-ties/
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Question 5 of 10
5. Question
1 pointsConsider the following statements about World Gold Council:
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- It works across all parts of the industry, from gold mining to investment.
- WGC members comprise the world’s leading gold mining companies.
- It is headquartered in New Delhi, India.
Which of the given above statements is/are correct?
Correct
Ans: (c)
Explanation: About World Gold Council:
- It is the market development organisation for the gold industry.
- It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold.
- It is an association whose members comprise the world’s leading gold mining companies.
- It helps to support its members to mine in a responsible way and developed the Conflict Free Gold Standard.
- Headquartered in the UK, they have offices in India, China, Singapore, Japan and the United States.
Refer: https://www.insightsonindia.com/2021/01/29/jaishankar-suggests-way-forward-for-china-ties/
Incorrect
Ans: (c)
Explanation: About World Gold Council:
- It is the market development organisation for the gold industry.
- It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold.
- It is an association whose members comprise the world’s leading gold mining companies.
- It helps to support its members to mine in a responsible way and developed the Conflict Free Gold Standard.
- Headquartered in the UK, they have offices in India, China, Singapore, Japan and the United States.
Refer: https://www.insightsonindia.com/2021/01/29/jaishankar-suggests-way-forward-for-china-ties/
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Question 6 of 10
6. Question
1 pointsWhich of these is the first gold mine of India?
Correct
Ans: (c)
Explanation:
- Kolar Gold Field is the first gold mine in India.
- https://en.wikipedia.org/wiki/Kolar_Gold_Fields
Refer: https://www.insightsonindia.com/2021/01/29/jaishankar-suggests-way-forward-for-china-ties/
Incorrect
Ans: (c)
Explanation:
- Kolar Gold Field is the first gold mine in India.
- https://en.wikipedia.org/wiki/Kolar_Gold_Fields
Refer: https://www.insightsonindia.com/2021/01/29/jaishankar-suggests-way-forward-for-china-ties/
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Question 7 of 10
7. Question
1 pointsThe ‘Joint Comprehensive Plan of Action’ (JCPOA) was in news recently, is commonly referred as:
Correct
Ans: (b)
Explanation: About the Joint Comprehensive Plan of Action, or JCPOA:
- Iran agreed to rein in its nuclear programme in a 2015 deal struck with the US, UK, Russia, China, France and Germany.
- The 2015 nuclear deal gave Iran relief from sanctions in return for curbs on its nuclear programme.
- Under the deal:
- Iran agreed to rein in its nuclear programme in a 2015 deal struck with the US, UK, Russia, China, France and Germany.
- Tehran agreed to significantly cut its stores of centrifuges, enriched uranium and heavy-water, all key components for nuclear weapons.
- The Joint Commission was established, with the negotiating parties all represented, to monitor implementation of the agreement.
Incorrect
Ans: (b)
Explanation: About the Joint Comprehensive Plan of Action, or JCPOA:
- Iran agreed to rein in its nuclear programme in a 2015 deal struck with the US, UK, Russia, China, France and Germany.
- The 2015 nuclear deal gave Iran relief from sanctions in return for curbs on its nuclear programme.
- Under the deal:
- Iran agreed to rein in its nuclear programme in a 2015 deal struck with the US, UK, Russia, China, France and Germany.
- Tehran agreed to significantly cut its stores of centrifuges, enriched uranium and heavy-water, all key components for nuclear weapons.
- The Joint Commission was established, with the negotiating parties all represented, to monitor implementation of the agreement.
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Question 8 of 10
8. Question
1 pointsConsider the following statements:
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- World Health Organization is a specialized agency of the United Nations responsible for international public health.
- WHO is headquartered in Geneva, Switzerland.
- India became a party to the WHO Constitution on 12 January 1948.
Which of the given above statements is/are correct?
Correct
Ans: (d)
Explanation:
- The World Health Organization (WHO) is a specialized agency of the United Nations responsible for international public health.
- The WHO Constitution, which establishes the agency’s governing structure and principles, states its main objective as “the attainment by all peoples of the highest possible level of health.”
- It is headquartered in Geneva, Switzerland, with six semi-autonomous regional offices and 150 field offices worldwide.
- India became a party to the WHO Constitution on 12 January 1948.
Incorrect
Ans: (d)
Explanation:
- The World Health Organization (WHO) is a specialized agency of the United Nations responsible for international public health.
- The WHO Constitution, which establishes the agency’s governing structure and principles, states its main objective as “the attainment by all peoples of the highest possible level of health.”
- It is headquartered in Geneva, Switzerland, with six semi-autonomous regional offices and 150 field offices worldwide.
- India became a party to the WHO Constitution on 12 January 1948.
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Question 9 of 10
9. Question
1 pointsKala Utsav is an initiative of the:
Correct
Ans: (a)
Explanation: Kala Utsav:
- Kala Utsav is an initiative of the Ministry of Human Resource Development (now called Ministry of Education) under Rashtriya Madhyamik Shiksha Abhiyan, to promote arts in education by nurturing and showcasing the artistic talent of school students at the secondary stage in the country.
Refer: Facts for Prelims: https://www.insightsonindia.com/2021/01/29/insights-daily-current-affairs-pib-summary-29-january-2021/
Incorrect
Ans: (a)
Explanation: Kala Utsav:
- Kala Utsav is an initiative of the Ministry of Human Resource Development (now called Ministry of Education) under Rashtriya Madhyamik Shiksha Abhiyan, to promote arts in education by nurturing and showcasing the artistic talent of school students at the secondary stage in the country.
Refer: Facts for Prelims: https://www.insightsonindia.com/2021/01/29/insights-daily-current-affairs-pib-summary-29-january-2021/
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Question 10 of 10
10. Question
1 pointsWhich of the following is not included in the assets of a commercial bank in India?
Correct
Ans: (b)
Explanation:
- Deposits are a liability on a commercial bank, since it must return its lenders the amount it owes them. Answer is B.
- Loans and Advances form assets of the bank. Also, Investments form the second largest component in the assets side of banks’ balance sheets after loans and advances as per a recent RBI report, see https://rbi.org.in/scripts/PublicationsView.aspx?Id=18743 (sec 2.4)
- So, the assets of the commercial bank in India are Cash in hand, Investments, Loans, Advances, Bills discounted and purchased, while the liabilities are Capital and Reserves, Deposits, Borrowings, and other liabilities.
Refer: UPSC 2019
Incorrect
Ans: (b)
Explanation:
- Deposits are a liability on a commercial bank, since it must return its lenders the amount it owes them. Answer is B.
- Loans and Advances form assets of the bank. Also, Investments form the second largest component in the assets side of banks’ balance sheets after loans and advances as per a recent RBI report, see https://rbi.org.in/scripts/PublicationsView.aspx?Id=18743 (sec 2.4)
- So, the assets of the commercial bank in India are Cash in hand, Investments, Loans, Advances, Bills discounted and purchased, while the liabilities are Capital and Reserves, Deposits, Borrowings, and other liabilities.
Refer: UPSC 2019
