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
Consider the following statements.
- India’s carries out humanitarian food assistance to the people of other countries through the United Nations Food Programme.
- The Nobel Peace Prize was awarded to United Nations World Food Programme (WFP) for its efforts to combat hunger, for its contribution to bettering conditions for peace in conflict-affected areas.
- Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) was introduced to provide aid to several countries in Africa and the Middle East to overcome natural calamities and the COVID-19 pandemic.
Which of the above statements is/are correct?
Correct
Solution: a)
India’s recent and ongoing humanitarian food assistance to the people of Afghanistan, through the United Nations Food Programme.
In the past two years, India has provided aid to several countries in Africa and the Middle East/West Asia to overcome natural calamities and the COVID-19 pandemic.
The Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) introduced in 2020 to provide relief to 800 million beneficiaries covered under the NFSA from COVID-19 induced economic hardships has been extended by another six months up to September 2022.
The Nobel Peace Prize to the WFP in 2020 cited the WFP’s role and the importance of access to food in maintaining peace.
Incorrect
Solution: a)
India’s recent and ongoing humanitarian food assistance to the people of Afghanistan, through the United Nations Food Programme.
In the past two years, India has provided aid to several countries in Africa and the Middle East/West Asia to overcome natural calamities and the COVID-19 pandemic.
The Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) introduced in 2020 to provide relief to 800 million beneficiaries covered under the NFSA from COVID-19 induced economic hardships has been extended by another six months up to September 2022.
The Nobel Peace Prize to the WFP in 2020 cited the WFP’s role and the importance of access to food in maintaining peace.
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Question 2 of 5
2. Question
Consider the following statements regarding Core Investment Company (CIC).
- A Core Investment Company (CIC) is a Non-Banking Financial Company (NBFC).
- It holds not less than 90% of its net assets in the form of investment in equity shares, preference shares, bonds, debentures, debt or loans in group companies.
Which of the above statements is/are correct?
Correct
Solution: c)
A Core Investment Company (CIC) is a Non-Banking Financial Company (NBFC) which carries on the business of acquisition of shares and securities and holds not less than 90% of its net assets in the form of investment in equity shares, preference shares, bonds, debentures, debt or loans in group companies.
Incorrect
Solution: c)
A Core Investment Company (CIC) is a Non-Banking Financial Company (NBFC) which carries on the business of acquisition of shares and securities and holds not less than 90% of its net assets in the form of investment in equity shares, preference shares, bonds, debentures, debt or loans in group companies.
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Question 3 of 5
3. Question
Consider the following statements regarding Extended Fund Facility of IMF.
- The Extended Credit Facility (ECF) provides financial assistance to countries with short-term balance of payments problems.
- The ECF was created under the Poverty Reduction and Growth Trust (PRGT) to make IMFs financial support more flexible and better tailored to the diverse needs of low-income countries (LICs).
Which of the above statements is/are correct?
Correct
Solution: b)
The Extended Credit Facility (ECF) provides financial assistance to countries with protracted balance of payments problems. The ECF was created under the Poverty Reduction and Growth Trust (PRGT) as part of a broader reform to make the Fund’s financial support more flexible and better tailored to the diverse needs of low-income countries (LICs), including in times of crisis. The ECF is the Fund’s main tool for providing medium-term support to LICs.
Incorrect
Solution: b)
The Extended Credit Facility (ECF) provides financial assistance to countries with protracted balance of payments problems. The ECF was created under the Poverty Reduction and Growth Trust (PRGT) as part of a broader reform to make the Fund’s financial support more flexible and better tailored to the diverse needs of low-income countries (LICs), including in times of crisis. The ECF is the Fund’s main tool for providing medium-term support to LICs.
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Question 4 of 5
4. Question
Which of the following is not a member to Gulf Cooperation Council?
Correct
Solution: c)
The Cooperation Council for the Arab States of the Gulf, originally known as the Gulf Cooperation Council, is a regional, intergovernmental political and economic union that consist of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
Yemen is not a member state to GCC.
Incorrect
Solution: c)
The Cooperation Council for the Arab States of the Gulf, originally known as the Gulf Cooperation Council, is a regional, intergovernmental political and economic union that consist of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
Yemen is not a member state to GCC.
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Question 5 of 5
5. Question
Hague Code of Conduct (HCOC), sometimes seen in news, is related to
Correct
Solution: b)
The International Code of Conduct against Ballistic Missile Proliferation, also known as the Hague Code of Conduct (HCOC), was established on 25 November 2002 as an arrangement to prevent the proliferation of ballistic missiles.
Incorrect
Solution: b)
The International Code of Conduct against Ballistic Missile Proliferation, also known as the Hague Code of Conduct (HCOC), was established on 25 November 2002 as an arrangement to prevent the proliferation of ballistic missiles.
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