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 pointsCurrently, the Comptroller and Auditor General of India is entrusted with which of the following responsibilities?
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- Audit of the receipts and expenditure of the Centre and each state
- Audit of the accounts of any other authority when requested by the Governor
- Compiling and maintaining the accounts of central government
- Ascertaining and certifying the net proceeds of any tax or duty
- Controlling exchequer on behalf of the Parliament during financial emergency
Select the correct answer using the code below:
Correct
Ans: (c)
Explanation:
- The duties and functions of the CAG as laid down by the Parliament and the Constitution
- He audits the receipts and expenditure of the Centre and each state to satisfy himself that the rules and procedures in that behalf are designed to secure an effective check on the assessment, collection and proper allocation of revenue
- He audits the accounts of any other authority when requested by the President or Governor. For example, the audit of local bodies
- He used to [before 1976 i.e. NOT CURRENTLY] compile and maintain the accounts of state governments. In 1976, he was relieved of his responsibilities with regard to the compilation and maintenance of accounts of the Central Government due to the separation of accounts from audit, that is, departmentalisation of accounts.
- He ascertains and certifies the net proceeds of any tax or duty (Article 279). His certificate is The ‘net proceeds’ means the proceeds of a tax or a duty minus the cost of collection.
Refer: https://www.insightsonindia.com/2021/04/24/external-auditor-for-hague-based-opcw/
Incorrect
Ans: (c)
Explanation:
- The duties and functions of the CAG as laid down by the Parliament and the Constitution
- He audits the receipts and expenditure of the Centre and each state to satisfy himself that the rules and procedures in that behalf are designed to secure an effective check on the assessment, collection and proper allocation of revenue
- He audits the accounts of any other authority when requested by the President or Governor. For example, the audit of local bodies
- He used to [before 1976 i.e. NOT CURRENTLY] compile and maintain the accounts of state governments. In 1976, he was relieved of his responsibilities with regard to the compilation and maintenance of accounts of the Central Government due to the separation of accounts from audit, that is, departmentalisation of accounts.
- He ascertains and certifies the net proceeds of any tax or duty (Article 279). His certificate is The ‘net proceeds’ means the proceeds of a tax or a duty minus the cost of collection.
Refer: https://www.insightsonindia.com/2021/04/24/external-auditor-for-hague-based-opcw/
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Question 2 of 10
2. Question
1 pointsConsider the following statements regarding the Organisation for the Prohibition of Chemical Weapons (OPCW):
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- It is an independent autonomous international organisation.
- It is the implementing body of the Chemical Weapons Convention (CWC).
- It was awarded the 2013 Nobel Peace Prize “for its extensive efforts to eliminate chemical weapons”.
Which of the given above statements is/are correct?
Correct
Ans: (d)
Explanation:
- The OPCW is an independent, autonomous international organisation with a working relationship with the United Nations.
- The Organisation for the Prohibition of Chemical Weapons is the implementing body of the Chemical Weapons Convention (CWC), which entered into force in 1997.
- The organisation was awarded the 2013 Nobel Peace Prize “for its extensive efforts to eliminate chemical weapons”.
- The OPCW Member States share the collective goal of preventing chemistry from ever again being used for warfare, thereby strengthening international security. To this end, the Convention contains four key provisions:
- Destroying all existing chemical weapons under international verification by the OPCW.
- Monitoring chemical industry to prevent new weapons from re-emerging.
- Providing assistance and protection to States Parties against chemical threats.
- Fostering international cooperation to strengthen implementation of the Convention and promote the peaceful use of chemistry.
Refer: https://www.insightsonindia.com/2021/04/24/external-auditor-for-hague-based-opcw/
Incorrect
Ans: (d)
Explanation:
- The OPCW is an independent, autonomous international organisation with a working relationship with the United Nations.
- The Organisation for the Prohibition of Chemical Weapons is the implementing body of the Chemical Weapons Convention (CWC), which entered into force in 1997.
- The organisation was awarded the 2013 Nobel Peace Prize “for its extensive efforts to eliminate chemical weapons”.
- The OPCW Member States share the collective goal of preventing chemistry from ever again being used for warfare, thereby strengthening international security. To this end, the Convention contains four key provisions:
- Destroying all existing chemical weapons under international verification by the OPCW.
- Monitoring chemical industry to prevent new weapons from re-emerging.
- Providing assistance and protection to States Parties against chemical threats.
- Fostering international cooperation to strengthen implementation of the Convention and promote the peaceful use of chemistry.
Refer: https://www.insightsonindia.com/2021/04/24/external-auditor-for-hague-based-opcw/
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Question 3 of 10
3. Question
1 pointsWith reference to SVAMITVA scheme, consider the following statements:
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- It is a Central Sector Scheme.
- The scheme is piloted by the Ministry of Rural Development.
- Under the scheme, residential land in villages will be measured using drones to create a non-disputable record.
Which of the given above statements is/are correct?
Correct
Ans: (c)
Explanation: Overview and key features of the ‘Swamitva Yojana’:
- Launched on Panchayati Raj Diwas (April 24th, 2020).
- The scheme seeks to map residential land ownership in the rural sector using modern technology like the use of drones.
- The scheme aims to revolutionise property record maintenance in India.
- The scheme is piloted by the Panchayati Raj ministry.
- Under the scheme, residential land in villages will be measured using drones to create a non-disputable record.
- Property card for every property in the village will be prepared by states using accurate measurements delivered by drone-mapping. These cards will be given to property owners and will be recognised by the land revenue records department.
Refer: https://www.insightsonindia.com/2021/04/24/swamitva-scheme/
Incorrect
Ans: (c)
Explanation: Overview and key features of the ‘Swamitva Yojana’:
- Launched on Panchayati Raj Diwas (April 24th, 2020).
- The scheme seeks to map residential land ownership in the rural sector using modern technology like the use of drones.
- The scheme aims to revolutionise property record maintenance in India.
- The scheme is piloted by the Panchayati Raj ministry.
- Under the scheme, residential land in villages will be measured using drones to create a non-disputable record.
- Property card for every property in the village will be prepared by states using accurate measurements delivered by drone-mapping. These cards will be given to property owners and will be recognised by the land revenue records department.
Refer: https://www.insightsonindia.com/2021/04/24/swamitva-scheme/
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Question 4 of 10
4. Question
1 pointsConsider the following statements regarding Ways and Means Advances (WMA).
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- It is a facility for which both Centre and States can borrow money from the RBI.
- These borrowings are meant purely to tide over temporary mismatches in cash flows of receipts and expenditures.
- The interest rate on WMA is lower than RBI’s repo rate.
Which of the above statements is/are correct?
Correct
Ans: (a)
Explanation: What are Ways and Means Advances?
- They are temporary loan facilities provided by RBI to the government to enable it to meet temporary mismatches between revenue and expenditure.
- The government makes an interest payment to the central bank when it borrows money.
- The rate of interest is the same as the repo rate, while the tenure is three months.
- The limits for WMA are mutually decided by the RBI and the Government of India.
- States are allowed an overdraft facility (to borrow in excess of WMA limit) of 21 days.
- Background:
- The WMA scheme for the Central Government was introduced on April 1, 1997, after putting an end to the four-decade old system of adhoc (temporary) Treasury Bills to finance the Central Government deficit.
Refer: https://www.insightsonindia.com/2021/04/24/ways-and-means-credit/
Incorrect
Ans: (a)
Explanation: What are Ways and Means Advances?
- They are temporary loan facilities provided by RBI to the government to enable it to meet temporary mismatches between revenue and expenditure.
- The government makes an interest payment to the central bank when it borrows money.
- The rate of interest is the same as the repo rate, while the tenure is three months.
- The limits for WMA are mutually decided by the RBI and the Government of India.
- States are allowed an overdraft facility (to borrow in excess of WMA limit) of 21 days.
- Background:
- The WMA scheme for the Central Government was introduced on April 1, 1997, after putting an end to the four-decade old system of adhoc (temporary) Treasury Bills to finance the Central Government deficit.
Refer: https://www.insightsonindia.com/2021/04/24/ways-and-means-credit/
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Question 5 of 10
5. Question
1 pointsThe Commercial Crew Program (CCP) sometimes mentioned news recently is related to
Correct
Ans: (b)
Explanation: What is the Commercial Crew Program?
- The main objective of this program is to make access to space easier in terms of its cost, so that cargo and crew can be easily transported to and from the ISS, enabling greater scientific research.
- Through this program, NASA plans to lower its costs by sharing them with commercial partners such as Boeing and SpaceX, and also give the companies incentive to design and build the Commercial Orbital Transportation Services (COTS).
- Background:
- Boeing and SpaceX were selected by NASA in September 2014 to develop transportation systems meant to transfer crew from the US to the ISS.
Refer: https://www.insightsonindia.com/2021/04/24/crew-2-mission/
Incorrect
Ans: (b)
Explanation: What is the Commercial Crew Program?
- The main objective of this program is to make access to space easier in terms of its cost, so that cargo and crew can be easily transported to and from the ISS, enabling greater scientific research.
- Through this program, NASA plans to lower its costs by sharing them with commercial partners such as Boeing and SpaceX, and also give the companies incentive to design and build the Commercial Orbital Transportation Services (COTS).
- Background:
- Boeing and SpaceX were selected by NASA in September 2014 to develop transportation systems meant to transfer crew from the US to the ISS.
Refer: https://www.insightsonindia.com/2021/04/24/crew-2-mission/
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Question 6 of 10
6. Question
1 pointsThe Border Roads Organisation (BRO) functions under the control of the:
Correct
Ans: (c)
Explanation: Border Road Organisation (BRO):
- Functioning under the control of the Ministry of Defence since 2015, the BRO is engaged in road construction to provide connectivity to difficult and inaccessible regions in the border areas of the country.
- It is staffed by officers and troops drawn from the Indian Army’s Corps of Engineers, Electrical and Mechanical Engineers, Army Service Corps, Military Police and army personnel on extra regimental employment.
Refer: Facts for Prelims: https://www.insightsonindia.com/2021/04/24/insights-daily-current-affairs-pib-summary-24-april-2021/
Incorrect
Ans: (c)
Explanation: Border Road Organisation (BRO):
- Functioning under the control of the Ministry of Defence since 2015, the BRO is engaged in road construction to provide connectivity to difficult and inaccessible regions in the border areas of the country.
- It is staffed by officers and troops drawn from the Indian Army’s Corps of Engineers, Electrical and Mechanical Engineers, Army Service Corps, Military Police and army personnel on extra regimental employment.
Refer: Facts for Prelims: https://www.insightsonindia.com/2021/04/24/insights-daily-current-affairs-pib-summary-24-april-2021/
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Question 7 of 10
7. Question
1 pointsConsider the following statements about UNFCCC
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- The UNFCCC was adopted in 1992 at the Rio Earth Summit.
- The first UN Climate Change Conference was held in Berlin.
- The framework sets binding limits on greenhouse gas emissions for individual countries.
- Nearly all member states of the United Nations have ratified the convention.
Which of the above statements is/are correct?
Correct
Ans: (d)
Explanation:
- The UNFCCC was adopted in 1992 at the Rio Earth Summit, which marked the beginning of the international community’s first concerted effort to confront the problem of climate change. Known also as the Rio Convention, the UNFCCC established a framework for action to stabilise concentrations of greenhouse gases in the earth’s atmosphere. The UNFCCC entered into force in 1994, and nearly all of the world’s nations—a total of 197—have ratified. The framework sets non-binding limits on greenhouse gas emissions for individual countries and contains no enforcement mechanisms.
- The first UN Climate Change Conference was held in 1995 in Berlin
Refer: Facts for Prelims: https://www.insightsonindia.com/2021/04/24/insights-daily-current-affairs-pib-summary-24-april-2021/
Incorrect
Ans: (d)
Explanation:
- The UNFCCC was adopted in 1992 at the Rio Earth Summit, which marked the beginning of the international community’s first concerted effort to confront the problem of climate change. Known also as the Rio Convention, the UNFCCC established a framework for action to stabilise concentrations of greenhouse gases in the earth’s atmosphere. The UNFCCC entered into force in 1994, and nearly all of the world’s nations—a total of 197—have ratified. The framework sets non-binding limits on greenhouse gas emissions for individual countries and contains no enforcement mechanisms.
- The first UN Climate Change Conference was held in 1995 in Berlin
Refer: Facts for Prelims: https://www.insightsonindia.com/2021/04/24/insights-daily-current-affairs-pib-summary-24-april-2021/
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Question 8 of 10
8. Question
1 pointsLocal self-government can be best explained as an exercise in
Correct
Ans: (d)
Explanation:
- Option B: Decentralization and grass roots empowerment are the core guiding principles of local self-government as under 73rd and 74th constitutional amendment. For e.g. Gram Panchayats can sanction sanitation and welfare projects on their own.
- Option A: Local bodies are not federal entities as is the position of states in India.
- Option C: This isn’t administrative delegation because local self-government bodies are political entities that are elected directly (or indirectly) by people and managed by their representatives.
- Option D: Since it involves election and indirect decision making by people’s representatives, there can be no direct democracy (where all decisions are made directly by the people).
- National Panchayati Raj Day:
- The Constitution (73rd Amendment) Act came into effect on 24 April 1993 marking the formalisation of the Panchayati Raj system in India.
- Hence, the day is commemorated as the National Panchayati Raj Day annually in the country.
Refer: facts for prelims: https://www.insightsonindia.com/2021/04/24/insights-daily-current-affairs-pib-summary-24-april-2021/
Incorrect
Ans: (d)
Explanation:
- Option B: Decentralization and grass roots empowerment are the core guiding principles of local self-government as under 73rd and 74th constitutional amendment. For e.g. Gram Panchayats can sanction sanitation and welfare projects on their own.
- Option A: Local bodies are not federal entities as is the position of states in India.
- Option C: This isn’t administrative delegation because local self-government bodies are political entities that are elected directly (or indirectly) by people and managed by their representatives.
- Option D: Since it involves election and indirect decision making by people’s representatives, there can be no direct democracy (where all decisions are made directly by the people).
- National Panchayati Raj Day:
- The Constitution (73rd Amendment) Act came into effect on 24 April 1993 marking the formalisation of the Panchayati Raj system in India.
- Hence, the day is commemorated as the National Panchayati Raj Day annually in the country.
Refer: facts for prelims: https://www.insightsonindia.com/2021/04/24/insights-daily-current-affairs-pib-summary-24-april-2021/
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Question 9 of 10
9. Question
1 pointsWhich of the following are recognised as “Three Sisters” by the World Trade Organization’s (WTO) Sanitary and Phytosanitary Measures (SPS) Agreement.
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- International Plant Protection Convention (IPPC)
- Codex Alimentarius Commission
- Pacific Plant Protection Organization
- World Organization for Animal Health (OIE)
Select the correct answer code:
Correct
Ans: (b)
Explanation:
- The International Plant Protection Convention (IPPC)is one of the “Three Sisters” recognized by the World Trade Organization’s (WTO) Sanitary and Phytosanitary Measures (SPS) Agreement, along with the Codex Alimentarius Commission for food safety standards and the World Organization for Animal Health (OIE) for animal health standards.
Incorrect
Ans: (b)
Explanation:
- The International Plant Protection Convention (IPPC)is one of the “Three Sisters” recognized by the World Trade Organization’s (WTO) Sanitary and Phytosanitary Measures (SPS) Agreement, along with the Codex Alimentarius Commission for food safety standards and the World Organization for Animal Health (OIE) for animal health standards.
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Question 10 of 10
10. Question
1 pointsConsider the following pairs:
GI Product State
- Shahi Litchi West Bengal
- Kadaknath chicken meat Madhya Pradesh
- Etikoppaka toys Tamil Nadu
- Adilabad dokra Telangana
Select the correct answer code:
Correct
Ans: (c)
Explanation:
- Shahi Litchi – Bihar
- Kadaknath chicken meat – Madhya Pradesh
- Etikoppaka toys – Andhra Pradesh
- Adilabad dokra – Telangana
Incorrect
Ans: (c)
Explanation:
- Shahi Litchi – Bihar
- Kadaknath chicken meat – Madhya Pradesh
- Etikoppaka toys – Andhra Pradesh
- Adilabad dokra – Telangana
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