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
Which of the above items are not included under GST?
- Petroleum products
- Real estate
- Alcohol for human consumption
- Electricity
Select the correct answer code:
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Question 2 of 5
2. Question
Consider the following statements regarding Multi-Agency Centre (MAC), recently seen in news
- Multi Agency Centre (MAC), is a common counter-terrorism grid under the Ministry of Defence that was made operational post-Kargil war.
- Multiple organisations including the Research and Analysis Wing (R&AW), armed forces and State police are part of the platform.
- Various security agencies share real-time intelligence inputs on the MAC.
Which of the above statements is/are correct?
Correct
Solution: c)
The Centre wants the States to share more intelligence inputs through the Multi Agency Centre (MAC), a common counter-terrorism grid under the Intelligence Bureau (IB) that was made operational in 2001 post-Kargil war.
As many as 28 organisations, including the Research and Analysis Wing (R&AW), armed forces and State police are part of the platform and various security agencies share real-time intelligence inputs on the MAC.
At the MAC level, the meeting of all these agencies is convened almost every day where intelligence of the last 24 hours is brought on to the table, discussed and follow-up action is devised or agreed upon.
States have a subsidiary multi-agency centre (SMAC) located in State capitals.
Incorrect
Solution: c)
The Centre wants the States to share more intelligence inputs through the Multi Agency Centre (MAC), a common counter-terrorism grid under the Intelligence Bureau (IB) that was made operational in 2001 post-Kargil war.
As many as 28 organisations, including the Research and Analysis Wing (R&AW), armed forces and State police are part of the platform and various security agencies share real-time intelligence inputs on the MAC.
At the MAC level, the meeting of all these agencies is convened almost every day where intelligence of the last 24 hours is brought on to the table, discussed and follow-up action is devised or agreed upon.
States have a subsidiary multi-agency centre (SMAC) located in State capitals.
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Question 3 of 5
3. Question
Maldives is a member of which of the following
- South Asian Association for Regional Cooperation (SAARC)
- Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)
- South Asia Sub-regional Economic Cooperation (SASEC)
- Commonwealth of Nations
Select the correct answer code:
Correct
Solution: d)
Maldives is a member of the South Asian Association for Regional Cooperation (SAARC) and the South Asia Sub-regional Economic Cooperation (SASEC).
It is also a member of the United Nations, the Commonwealth of Nations, the Organisation of Islamic Cooperation, and the Non-Aligned Movement.
Incorrect
Solution: d)
Maldives is a member of the South Asian Association for Regional Cooperation (SAARC) and the South Asia Sub-regional Economic Cooperation (SASEC).
It is also a member of the United Nations, the Commonwealth of Nations, the Organisation of Islamic Cooperation, and the Non-Aligned Movement.
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Question 4 of 5
4. Question
Consider the following statements regarding Bad Bank.
- A bad bank is an asset reconstruction company (ARC) that takes over the bad loans of commercial banks, manages them and finally recovers the money over a period of time.
- Bad bank is also involved in lending and taking deposits.
Which of the above statements is/are incorrect?
Correct
Solution: b)
Technically, a bad bank is an asset reconstruction company (ARC) or an asset management company that takes over the bad loans of commercial banks, manages them and finally recovers the money over a period of time. The bad bank is not involved in lending and taking deposits, but helps commercial banks clean up their balance sheets and resolve bad loans. The takeover of bad loans is normally below the book value of the loan and the bad bank tries to recover as much as possible subsequently.
Incorrect
Solution: b)
Technically, a bad bank is an asset reconstruction company (ARC) or an asset management company that takes over the bad loans of commercial banks, manages them and finally recovers the money over a period of time. The bad bank is not involved in lending and taking deposits, but helps commercial banks clean up their balance sheets and resolve bad loans. The takeover of bad loans is normally below the book value of the loan and the bad bank tries to recover as much as possible subsequently.
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Question 5 of 5
5. Question
Consider the following statements regarding Red Sea.
- It lies between Africa and Asia.
- The Tropic of Cancer passes through Red Sea
- Four Asian countries border the Red Sea on the eastern side
Which of the above statements is/are correct?
Correct
Solution: b)
Red Sea runs between the two continents Africa and Asia. It is a seawater inlet of the Indian Ocean. Four African countries border the Red Sea on the western side, while two Asian countries in east.
The countries that border Red Sea are:
- Saudi Arabia
- Yemen
- Egypt
- Sudan
- Eritrea
- Djibouti
Its waters cross the Tropic of Cancer, and it is the northernmost tropical sea in the world.
Incorrect
Solution: b)
Red Sea runs between the two continents Africa and Asia. It is a seawater inlet of the Indian Ocean. Four African countries border the Red Sea on the western side, while two Asian countries in east.
The countries that border Red Sea are:
- Saudi Arabia
- Yemen
- Egypt
- Sudan
- Eritrea
- Djibouti
Its waters cross the Tropic of Cancer, and it is the northernmost tropical sea in the world.
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