Editorials Quiz 2021-22
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Introducing yet another ingenious course, InsightsIAS is excited to announce our new initiative QUED – Questions from Editorials. Considering the number of questions that appeared from Editorials in previous year UPSC Prelims Examinations, we feel it is wise for students to cover Editorials from Prelims point of view as well in order to achieve that extra edge. Although, we have covered important editorials separately in our Editorial Section as well as under Secure Initiative, MCQ practice can prove to be crucial for better performance and guaranteed result.
We strongly recommend you at add QUED along with Static Quiz ,Current Affairs Quiz and RTM for your Daily MCQ practice.
We will be posting 5 MCQs at 11am everyday from Monday to Saturday on http://www.insightsonindia.com. QUED will be available under QUIZ menu.
We hope students utilize this initiative to the best of advantage. 🙂
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Question 1 of 5
1. Question
Invest India, set up in 2009, is a non-profit venture under the
Correct
Solution: a)
The UNCTAD has declared ‘Invest India’ as winner of the 2020 United Nations Investment Promotion Award.
“Invest India” is the National Investment Promotion and Facilitation Agency of India and act as the first point of reference for investors in India. It is a non-profit venture set up in 2009 under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India.
Incorrect
Solution: a)
The UNCTAD has declared ‘Invest India’ as winner of the 2020 United Nations Investment Promotion Award.
“Invest India” is the National Investment Promotion and Facilitation Agency of India and act as the first point of reference for investors in India. It is a non-profit venture set up in 2009 under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India.
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Question 2 of 5
2. Question
Consider the following statements:
- Minimum Support Price (MSP) may be both lower or higher than the prevailing market price of the particular crop.
- All food grain procurement operations in India are undertaken by the Food Corporation of India (FCI).
Which of the above statements is/are correct?
Correct
Solution: a)
MSP can be anything that the government considers that the farmers should fairly get. This is to help them get fair remuneration for their produce and to motivate or demotivate them to produce a particular crop. Hence it can be either lower or higher than the market price. For e.g. if the government wishes to discourage rice farming, it would lower the MSP of rice.
The procurement system decentralization was started in 1997 where states play a very important role in the supply chain. Not all procurements are done by FCI. State cooperative agencies and other state-level distribution agencies also play a crucial role.
Incorrect
Solution: a)
MSP can be anything that the government considers that the farmers should fairly get. This is to help them get fair remuneration for their produce and to motivate or demotivate them to produce a particular crop. Hence it can be either lower or higher than the market price. For e.g. if the government wishes to discourage rice farming, it would lower the MSP of rice.
The procurement system decentralization was started in 1997 where states play a very important role in the supply chain. Not all procurements are done by FCI. State cooperative agencies and other state-level distribution agencies also play a crucial role.
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Question 3 of 5
3. Question
Shanghai Cooperation Organisation (SCO) member states include
- Afghanistan
- Belarus
- Mongolia
- Iran
Select the correct answer code:
Correct
Solution: d)
SCO comprises eight member states, namely the Republic of India, the Republic of Kazakhstan, the People’s Republic of China, the Kyrgyz Republic, the Islamic Republic of Pakistan, the Russian Federation, the Republic of Tajikistan, and the Republic of Uzbekistan;
Incorrect
Solution: d)
SCO comprises eight member states, namely the Republic of India, the Republic of Kazakhstan, the People’s Republic of China, the Kyrgyz Republic, the Islamic Republic of Pakistan, the Russian Federation, the Republic of Tajikistan, and the Republic of Uzbekistan;
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Question 4 of 5
4. Question
Which of the following are considered as ‘indirect farm subsidies’ extended by the government?
- Farmer training
- Investment in agricultural research
- Farm loan waivers
- Cheaper credit facilities for farmers
Select the correct answer code:
Correct
Solution: d)
Indirect farm subsidies: These are the farm subsidies which are provided in the form of cheaper credit facilities, farm loan waivers, reduction in irrigation and electricity bills, fertilizers, seeds and pesticides subsidy as well as the investments in agricultural research, environmental assistance, farmer training, etc. These subsidies are also provided to make farm products more competitive in the global market. The subsidies provided on the fertilizers as ‘input’ subsidies are in the form of indirect subsidies.
Incorrect
Solution: d)
Indirect farm subsidies: These are the farm subsidies which are provided in the form of cheaper credit facilities, farm loan waivers, reduction in irrigation and electricity bills, fertilizers, seeds and pesticides subsidy as well as the investments in agricultural research, environmental assistance, farmer training, etc. These subsidies are also provided to make farm products more competitive in the global market. The subsidies provided on the fertilizers as ‘input’ subsidies are in the form of indirect subsidies.
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Question 5 of 5
5. Question
Consider the following statements regarding Coalbed methane (CBM).
- Coalbed methane like Shale gas is extracted directly from the rock that is the source of the gas.
- CBM can be used for power generation, as compressed natural gas (CNG) auto fuel and as feedstock for fertilisers.
Which of the above statements is/are correct?
Correct
Solution: c)
Coalbed methane (CBM):
CBM, like shale gas, is extracted from what are known as unconventional gas reservoirs — where gas is extracted directly from the rock that is the source of the gas (shale in case of shale gas and coal in case of CBM).
The methane is held underground within the coal and is extracted by drilling into the coal seam and removing the groundwater. The resulting drop in pressure causes the methane to be released from the coal.
According to the Central Mine Planning and Design Institute (CMPDI), CBM can be used for power generation, as compressed natural gas (CNG) auto fuel, as feedstock for fertilisers, industrial uses such as in cement production, rolling mills, steel plants, and for methanol production.
Incorrect
Solution: c)
Coalbed methane (CBM):
CBM, like shale gas, is extracted from what are known as unconventional gas reservoirs — where gas is extracted directly from the rock that is the source of the gas (shale in case of shale gas and coal in case of CBM).
The methane is held underground within the coal and is extracted by drilling into the coal seam and removing the groundwater. The resulting drop in pressure causes the methane to be released from the coal.
According to the Central Mine Planning and Design Institute (CMPDI), CBM can be used for power generation, as compressed natural gas (CNG) auto fuel, as feedstock for fertilisers, industrial uses such as in cement production, rolling mills, steel plants, and for methanol production.
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