INSIGHTS CURRENT AFFAIRS ( 11 March 2021) REVISION THROUGH MCQS

Ans: (b)

Explanation:

• S1: The Chief Minister enjoys the following powers as the leader of the house: (a) He advises the governor with regard to the summoning and proroguing of the sessions of the state legislature. (b) He can recommend the dissolution of the legislative assembly to the governor at any time. (c) He announces the government policies on the floor of the house.
• S2: He is the crisis manager-in-chief at the political level during emergencies.
• S3: He allocates and reshuffles the portfolios among ministers.

Refer: https://www.insightsonindia.com/2021/03/11/the-chief-minister-appointment-power-function-and-position-2/

Ans: (d)

Explanation: here the directive word is incorrect!!

• What is a no-confidence motion?
  • A no-confidence motion is a parliamentary motion which is moved in the Lok Sabha against the entire council of ministers, stating that they are no longer deemed fit to hold positions of responsibility due to their inadequacy in some respect or their failure to carry out their obligations. No prior reason needs to be stated for its adoption in the Lok Sabha.
• Procedure to move a “No Confidence Motion”:
  • A motion of “No Confidence Motion” against the Government can be introduced only in the Lok Sabha under rule 198.
  • The Constitution of India does not mention about either a Confidence or a No Confidence Motion. Although, Article 75 does specify that the Council of Ministers shall be collectively responsible to the Lok Sabha.
  • A motion of No Confidence can be admitted when a minimum of 50 members, support the motion in the house.
  • The Speaker then, once satisfied that the motion is in order, will ask the House if the motion can be adopted.
  • If the motion is passed in the house, the Government is bound to vacate the office.
  • A no-confidence motion needs a majority vote to pass the House.
  • If individuals or parties abstain from voting, those numbers will be removed from the overall strength of the House and then the majority will be taken into account.

Refer: https://www.insightsonindia.com/2021/03/11/no-trust-vote/

Ans: (b)

Explanation:

Refer: https://www.insightsonindia.com/2021/03/11/national-capital-territory-bill/

Ans: (d)

Explanation: About the Pradhan Mantri Swasthya Suraksha Nidhi::

• S1 and S2: It will be a single non-lapsable reserve fund for share of Health from the proceeds of Health and Education Cess.
• The accruals into the PMSSN will be utilised for the flagship schemes of the Health Ministry including Ayushmann Bharat–Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) and National Health Mission and Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) and also disaster preparedness, and responses during health emergencies.
• In any financial year, the expenditure on such schemes of the Health Ministry would be initially incurred from the PMSSN and thereafter, from Gross Budgetary Support (GBS).

Refer: https://www.insightsonindia.com/2021/03/11/pradhan-mantri-swasthya-suraksha-nidhi/

Ans: (d)

Explanation:

Refer: https://www.insightsonindia.com/2021/03/11/what-does-bidens-peace-plan-mean-for-afghanistan/

Ans: (d)

Explanation:

• National Critical Information Infrastructure Protection Centre (NCIIPC) is an organisation of the Government of India created under Sec 70A of the Information Technology Act, 2000 (amended 2008), through a gazette notification on 16 January 2014.
• Based in New Delhi, India, it is designated as the National Nodal Agency in respect of Critical Information Infrastructure Protection.
• It is a unit of the National Technical Research Organisation (NTRO).

Refer: https://www.insightsonindia.com/2021/03/11/telecom-licensing-conditions-amended/

Ans: (d)

Explanation: INS Karanj:

• It is the third Scorpene class conventional diesel-electric submarine.
• It was inducted into Indian Navy recently.

Refer: facts for prelims: https://www.insightsonindia.com/2021/03/11/insights-daily-current-affairs-pib-summary-11-march-2021/

Ans: (c)

Explanation:

• S3: The main objective of the Ninth Five-Year Plan was to correct historical inequalities and increase the economic growth in the country. Other aspects which constituted the Ninth Five-Year Plan were:
  • Population control.
  • Generating employment by giving priority to agriculture and rural development.
  • Reduction of poverty.
  • Ensuring proper availability of food and water for the poor.
  • Availability of primary health care facilities and other basic necessities.
  • Primary education to all children in the country.
  • Empowering the socially disadvantaged classes like Scheduled castes, Scheduled tribes and other backward classes.
  • Developing self-reliance in terms of agriculture.
  • Acceleration in the growth rate of the economy with the help of stable prices.
• Twelfth Five Year Plan (2012-2017) was launched with the objective of faster, sustainable and more inclusive growth.
• S2: Modernization of industries was a major highlight of the Eighth Plan. Under this plan, the gradual opening of the Indian economy was undertaken to correct the burgeoning deficit and foreign debt.
• S1: The Fifth Five-Year Plan laid stress on employment, poverty alleviation (Garibi Hatao), and justice. The plan also focused on self-reliance in agricultural production and defence.
  • The Minimum Needs Programme (MNP) was introduced in the first year of the Fifth Five-Year Plan (1974–78). The objective of the programme is to provide certain basic minimum needs and thereby improve the living standards of the people. It is prepared and launched by D.P.Dhar.

Refer: https://en.wikipedia.org/wiki/Five-Year_Plans_of_India

Ans: (c)

Explanation:

• Transfer Payments are payments which are made without any counterpart of services received by the payer.
• It include Social Security, Medicare, unemployment insurance, welfare programs, and subsidies.
• For the purpose of calculating gross domestic product (GDP), government spending does not include transfer payments, which are the reallocation of money from one party to another rather than expenditure on newly produced goods and services.

Refer: https://www.investopedia.com/terms/t/transferpayment.asp

Ans: (c)

Explanation:

• The Monetary Policy Committee (MPC) is a committee constituted by the Reserve Bank of India and led by the Governor of RBI. It has been instituted by the Central Government of India under Section 45ZB of the RBI Act that was amended in 1934.
• Functions:
  • The MPC is entrusted with the responsibility of deciding the different policy rates including MSF, Repo Rate, Reverse Repo Rate, and Liquidity Adjustment Facility.
• Composition of MPC:
  • The committee will have six members. Of the six members, the government will nominate three. No government official will be nominated to the MPC.
  • The other three members would be from the RBI with the governor being the ex-officio chairperson. Deputy governor of RBI in charge of the monetary policy will be a member, as also an executive director of the central bank.
• Selection and term of members:
  • Selection: The government nominees to the MPC will be selected by a Search-cum-Selection Committee under Cabinet Secretary with RBI Governor and Economic Affairs Secretary and three experts in the field of economics or banking or finance or monetary policy as its members.
  • Term: Members of the MPC will be appointed for a period of four years and shall not be eligible for reappointment.
• How decisions are made?
  • Decisions will be taken by majority vote with each member having a vote.
  • RBI governor’s role: The RBI Governor will chair the committee. The governor, however, will not enjoy a veto power to overrule the other panel members, but will have a casting vote in case of a tie.
• What is RBI Monetary Policy?
  • The term ‘Monetary Policy’ is the Reserve Bank of India’s policy pertaining to the deployment of monetary resources under its control for the purpose of achieving GDP growth and lowering the inflation rate.
  • The Reserve Bank of India Act 1934 empowers the RBI to make the monetary policy.

Refer: https://www.insightsonindia.com/2020/04/21/what-monetary-policy-committee-mpc/