Editorials Quiz 2021-22
Quiz-summary
0 of 5 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
Information
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. 🙂
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 5 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- Answered
- Review
-
Question 1 of 5
1. Question
Consider the following statements regarding off-budget borrowings.
- Off-budget borrowings are a way for the Centre to finance its expenditures so that such borrowings are not counted in the calculation of fiscal deficit.
- In 2021-22 budget, the off-budget borrowing as percentage of GDP has been brought down to zero.
Which of the above statements is/are correct?
Correct
Solution: a)
Off-budget borrowings are loans that are taken not by the Centre directly, but by another public institution which borrows on the directions of the central government.
Such borrowings are used to fulfil the government’s expenditure needs.
But since the liability of the loan is not formally on the Centre, the loan is not included in the national fiscal deficit.
This helps keep the country’s fiscal deficit within acceptable limits.
Off-budget borrowing as percentage of GDP has come down, but not zero.
Incorrect
Solution: a)
Off-budget borrowings are loans that are taken not by the Centre directly, but by another public institution which borrows on the directions of the central government.
Such borrowings are used to fulfil the government’s expenditure needs.
But since the liability of the loan is not formally on the Centre, the loan is not included in the national fiscal deficit.
This helps keep the country’s fiscal deficit within acceptable limits.
Off-budget borrowing as percentage of GDP has come down, but not zero.
-
Question 2 of 5
2. Question
Consider the following statements regarding offset clause in procurement of defence equipment.
- The offset clause requires a foreign vendor to invest a part of the contract value in India.
- It is mandatory for all types of defence purchases from foreign countries.
- In India the policy was adopted on the recommendations of the Vijay Kelkar Committee.
Which of the above statements is/are correct?
Correct
Solution: c)
There is no offset clause in procurement of defence equipment if the deal is done through inter-government agreement (IGA), government-to-government or an ab initio single vendor. The offset clause requires a foreign vendor to invest a part of the contract value in India. It is as per Defence Acquisition Procedure 2020 (DAP 2020).
The offset policy was adopted on the recommendations of the Vijay Kelkar Committee in 2005.
Incorrect
Solution: c)
There is no offset clause in procurement of defence equipment if the deal is done through inter-government agreement (IGA), government-to-government or an ab initio single vendor. The offset clause requires a foreign vendor to invest a part of the contract value in India. It is as per Defence Acquisition Procedure 2020 (DAP 2020).
The offset policy was adopted on the recommendations of the Vijay Kelkar Committee in 2005.
-
Question 3 of 5
3. Question
Tholpavakkoothu is a
Correct
Solution: c)
Tholpavakkoothu, one of the oldest shadow-based temple art forms in the country, used to be a male domain until recently. Now, a woman member of a Tholpavakkoothu family has produced an all-woman Tholpavakkoothu show, the first ever.
Incorrect
Solution: c)
Tholpavakkoothu, one of the oldest shadow-based temple art forms in the country, used to be a male domain until recently. Now, a woman member of a Tholpavakkoothu family has produced an all-woman Tholpavakkoothu show, the first ever.
-
Question 4 of 5
4. Question
Nord Stream 2 is a new export gas pipeline running from
Correct
Solution: a)
Called the Nord Stream 2, it will spell a direct supply of natural gas under the Baltic Sea from the Russian city of Ust-Luga to the German city of Lubmin, avoiding transit through Ukraine and other European countries.
Incorrect
Solution: a)
Called the Nord Stream 2, it will spell a direct supply of natural gas under the Baltic Sea from the Russian city of Ust-Luga to the German city of Lubmin, avoiding transit through Ukraine and other European countries.
-
Question 5 of 5
5. Question
Which of the following countries surrounds Arctic Ocean?
- Russia
- Norway
- Sweden
- Canada
Select the correct answer code:
Correct
Solution: a)
Countries bordering the Arctic Ocean are Russia, Norway, Iceland, Greenland (territory of the Kingdom of Denmark), Canada and the United States.
Incorrect
Solution: a)
Countries bordering the Arctic Ocean are Russia, Norway, Iceland, Greenland (territory of the Kingdom of Denmark), Canada and the United States.
Join our Official Telegram Channel HERE for Motivation and Fast Updates
Subscribe to our YouTube Channel HERE to watch Motivational and New analysis videos
