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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 pointsWhich of the following is/are the demerits of the Parliamentary System?
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- Government by Amateurs
- Not conductive to administrative efficiency
- Separation of Powers
Select the correct answer code:
Correct
Ans: (c)
Explanation:
- Government by Amateurs: the parliamentary system is not conductive to administrative efficiency as the ministers are not experts in their fields. The Prime Minister has a limited choice in the selection of ministers; his choice is restricted to the members of Parliament alone and does not extend to external talent.
- In the parliamentary system, the legislature and the executive are together and inseparable. The cabinet acts as the leader of legislature as well as the executive.
Refer: https://www.insightsonindia.com/2022/07/20/inner-party-democracy/
Incorrect
Ans: (c)
Explanation:
- Government by Amateurs: the parliamentary system is not conductive to administrative efficiency as the ministers are not experts in their fields. The Prime Minister has a limited choice in the selection of ministers; his choice is restricted to the members of Parliament alone and does not extend to external talent.
- In the parliamentary system, the legislature and the executive are together and inseparable. The cabinet acts as the leader of legislature as well as the executive.
Refer: https://www.insightsonindia.com/2022/07/20/inner-party-democracy/
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Question 2 of 10
2. Question
1 pointsConsider the following statements about the Competition Commission of India (CCI):
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- It acts as the competition regulator in India.
- It is working under the Ministry of Commerce and Industry.
Which of the statements given above is/are correct?
Correct
Ans: (a)
Explanation:
- The Competition Commission of India (CCI) is a statutory and quasi-judicial body working under the Ministry of Corporate Affairs. It was established under the Competition Act, 2002 for the administration, implementation and enforcement of the Act, and was duly constituted in March 2009.
Refer: https://www.insightsonindia.com/2022/07/20/empowering-cci-for-negotiated-case-settlements/
Incorrect
Ans: (a)
Explanation:
- The Competition Commission of India (CCI) is a statutory and quasi-judicial body working under the Ministry of Corporate Affairs. It was established under the Competition Act, 2002 for the administration, implementation and enforcement of the Act, and was duly constituted in March 2009.
Refer: https://www.insightsonindia.com/2022/07/20/empowering-cci-for-negotiated-case-settlements/
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Question 3 of 10
3. Question
1 pointsIn the context of India, which of the following factors is/are contributor/ contributors to reducing the risk of a currency crisis?
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- The foreign currency earnings of India’s IT sector
- Increasing the government expenditure
- Remittances from Indians abroad
Select the correct answer using the code given below.
Correct
Ans: (b)
Explanation:
- A currency crisis results in a sharp depreciation of domestic currency and may force the authorities to sell foreign exchange reserves and take measures (for e.g. raise domestic interest rates) to defend the downfall in currency.
- S1: If a country has a strong export performance, a currency crisis is difficulty to occur. Since S1 leads to greater exports, it will reduce the risk.
- S2: Increase in government expenditure may actually increase imports and adversely affect the currency crisis. Usually, austerity in public spending is one of the measures prescribed to contain a foreign exchange or currency crisis.
- S3: Greater flow of remittances would help avert the currency crisis since greater inflow of foreign currency (which is converted into rupees by the recipient of the remittance in India) raises the demand for domestic currency.
- Decline in the value of a country’s currency is known as Currency Crisis that negatively affects the economy by creating instabilities in currency exchange rates. The foreign currency earnings of India’s Information Technology (IT) sector and remittances from Indians abroad together can reduce the risk of a currency crisis in India.
Refer: https://www.insightsonindia.com/2022/07/20/explained-what-rs-80-to-a-dollar-means/
Incorrect
Ans: (b)
Explanation:
- A currency crisis results in a sharp depreciation of domestic currency and may force the authorities to sell foreign exchange reserves and take measures (for e.g. raise domestic interest rates) to defend the downfall in currency.
- S1: If a country has a strong export performance, a currency crisis is difficulty to occur. Since S1 leads to greater exports, it will reduce the risk.
- S2: Increase in government expenditure may actually increase imports and adversely affect the currency crisis. Usually, austerity in public spending is one of the measures prescribed to contain a foreign exchange or currency crisis.
- S3: Greater flow of remittances would help avert the currency crisis since greater inflow of foreign currency (which is converted into rupees by the recipient of the remittance in India) raises the demand for domestic currency.
- Decline in the value of a country’s currency is known as Currency Crisis that negatively affects the economy by creating instabilities in currency exchange rates. The foreign currency earnings of India’s Information Technology (IT) sector and remittances from Indians abroad together can reduce the risk of a currency crisis in India.
Refer: https://www.insightsonindia.com/2022/07/20/explained-what-rs-80-to-a-dollar-means/
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Question 4 of 10
4. Question
1 pointsConsider the following statements
As per the Environment Impact Assessment Notification 2020,
- It shortens the period of public consultation hearings to a maximum of 40 days.
- It allows the declaration of some areas as “economically sensitive areas” without a public hearing.
Which of the given above statements is/are correct?
Correct
Ans: (c)
Explanation:
- S1: It shortens the period of public consultation hearings to a maximum of 40 days.
- It reduces from 30 to 20 days the time provided for the public to submit their responses during a public hearing for any application seeking environmental clearance.
- S2: It also allows the declaration of some areas as “economically sensitive areas” without a public hearing or environmental clearance, and several “red” and “orange”-classified toxic industries could now operate as close as 0-5 km from a Protected Area in “callous disregard” for forests. • The increased validity of the environment clearances for mining projects (50 years versus 30 years currently) and river valley projects (15 years versus 10 years currently) raises the risk of irreversible environmental, social and health consequences on account of the project remaining unnoticed for long.
Refer: https://www.insightsonindia.com/2022/07/20/amendment-of-eia-rules/
Incorrect
Ans: (c)
Explanation:
- S1: It shortens the period of public consultation hearings to a maximum of 40 days.
- It reduces from 30 to 20 days the time provided for the public to submit their responses during a public hearing for any application seeking environmental clearance.
- S2: It also allows the declaration of some areas as “economically sensitive areas” without a public hearing or environmental clearance, and several “red” and “orange”-classified toxic industries could now operate as close as 0-5 km from a Protected Area in “callous disregard” for forests. • The increased validity of the environment clearances for mining projects (50 years versus 30 years currently) and river valley projects (15 years versus 10 years currently) raises the risk of irreversible environmental, social and health consequences on account of the project remaining unnoticed for long.
Refer: https://www.insightsonindia.com/2022/07/20/amendment-of-eia-rules/
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Question 5 of 10
5. Question
1 pointsConsider the following statements:
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- The guidelines for renunciation of Indian citizenship is issued by the Union Ministry of Home Affairs (MHA).
- Every minor child of the person who ceases to be a citizen of India shall also cease to be a citizen of India.
Correct
Ans: (c)
Explanation:
- The citizenship act, of 1955 prescribes three ways of losing citizenship:
- By renunciation: Any citizen of India of full age and capacity can make a declaration renouncing Indian citizenship. Such declaration may not be accepted during the war. Even the minor children of the person who renounces citizenship stand to lose their Indian citizenship. However, when their children attain the age of eighteen, they may resume Indian citizenship
- By termination: If a citizen of India voluntarily acquires the citizenship of another country, then he loses the citizenship of India
- By deprivation: Compulsory termination of Indian citizenship by the Central government, if the person obtained the citizenship by fraud or shown disloyalty to the Constitution of India or imprisoned for a term of two years (in the last 5 years after naturalization) or citizen has been ordinarily resident out of India for a period of 7 years
- The guidelines said that when a person ceases to be a citizen of India under Section 8(1) of Citizenship Act, 1955, “every minor child of that person shall thereupon ceases to be a citizen of India”. The minor child may, however, within one year of attaining full age apply to resume Indian citizenship. The guidelines are not clear if minors would also lose citizenship if only one of the parents gives up her/his Indian citizenship.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
Incorrect
Ans: (c)
Explanation:
- The citizenship act, of 1955 prescribes three ways of losing citizenship:
- By renunciation: Any citizen of India of full age and capacity can make a declaration renouncing Indian citizenship. Such declaration may not be accepted during the war. Even the minor children of the person who renounces citizenship stand to lose their Indian citizenship. However, when their children attain the age of eighteen, they may resume Indian citizenship
- By termination: If a citizen of India voluntarily acquires the citizenship of another country, then he loses the citizenship of India
- By deprivation: Compulsory termination of Indian citizenship by the Central government, if the person obtained the citizenship by fraud or shown disloyalty to the Constitution of India or imprisoned for a term of two years (in the last 5 years after naturalization) or citizen has been ordinarily resident out of India for a period of 7 years
- The guidelines said that when a person ceases to be a citizen of India under Section 8(1) of Citizenship Act, 1955, “every minor child of that person shall thereupon ceases to be a citizen of India”. The minor child may, however, within one year of attaining full age apply to resume Indian citizenship. The guidelines are not clear if minors would also lose citizenship if only one of the parents gives up her/his Indian citizenship.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
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Question 6 of 10
6. Question
1 pointsAs per RBI, which of the following has become the top remittance source after UAE (in 2020-21) for India?
Correct
Ans: (d)
Explanation:
- As per RBI, the US has become the top remittance source after UAE (in 2020-21) for India.
- Reasons: Economic recovery in the US is one of the important drivers of India’s remittances growthas it accounts for 23% of total remittances received in India.
- India received about $87bnin remittances in FY21 (the world’s highest).
- Decline in remittances from GCC (Gulf):The share of remittances from the GCC region in India’s inward remittances is estimated to have declined from more than 50 per cent in 2016-17 (last surveyed period) to about 30 per cent in 2020- 21.
- Remittances have exceeded foreign direct inflowsin several countries, including India.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
Incorrect
Ans: (d)
Explanation:
- As per RBI, the US has become the top remittance source after UAE (in 2020-21) for India.
- Reasons: Economic recovery in the US is one of the important drivers of India’s remittances growthas it accounts for 23% of total remittances received in India.
- India received about $87bnin remittances in FY21 (the world’s highest).
- Decline in remittances from GCC (Gulf):The share of remittances from the GCC region in India’s inward remittances is estimated to have declined from more than 50 per cent in 2016-17 (last surveyed period) to about 30 per cent in 2020- 21.
- Remittances have exceeded foreign direct inflowsin several countries, including India.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
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Question 7 of 10
7. Question
1 pointsConsider the following statements about National Statistical Office (NSO):
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- It is the statistical wing of the Ministry of Statistics and Programme Implementation (MoSPI).
- It releases the quarter gross value added (GVA) and gross domestic product (GDP) numbers.
Which of the above statements is/are correct?
Correct
Ans: (c)
Explanation:
- It is an overarching body formed by merging the National Sample Survey Office (NSSO), Computer Centre and Central Statistical Office (CSO).
- NSO was first envisaged by Rangarajan Commission to implement and maintain statistical standards and coordinate statistical activities of Central and State agencies as laid down by the National Statistical Commission (NSC).
- Ministry: It is the statistical wing of the Ministry of Statistics and Programme Implementation (MoSPI).
- The National Statistical Office (NSO) releases the quarter gross value added (GVA) and gross domestic product (GDP) numbers.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
Incorrect
Ans: (c)
Explanation:
- It is an overarching body formed by merging the National Sample Survey Office (NSSO), Computer Centre and Central Statistical Office (CSO).
- NSO was first envisaged by Rangarajan Commission to implement and maintain statistical standards and coordinate statistical activities of Central and State agencies as laid down by the National Statistical Commission (NSC).
- Ministry: It is the statistical wing of the Ministry of Statistics and Programme Implementation (MoSPI).
- The National Statistical Office (NSO) releases the quarter gross value added (GVA) and gross domestic product (GDP) numbers.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
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Question 8 of 10
8. Question
1 pointsIn the context of India which one of the following is the characteristic appropriate for Bureaucracy?
Correct
Ans: (d)
Explanation:
- Bureaucracy refers to an administrative policy-implementation group, which is a body of non-elected government officials.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
Incorrect
Ans: (d)
Explanation:
- Bureaucracy refers to an administrative policy-implementation group, which is a body of non-elected government officials.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
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Question 9 of 10
9. Question
1 pointsMission Karmayogi was in news recently, is related to which of the following?
Correct
Ans: (d)
Explanation: About Mission Karmayogi:
- The ‘National Programme for Civil Services Capacity Building – Mission Karmayogi’ was launched to effect a transformational shift from rule based training to role-based capacity development of all civil services in the country so as to enhance citizen experience for government services and improve availability of competent workforce.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
Incorrect
Ans: (d)
Explanation: About Mission Karmayogi:
- The ‘National Programme for Civil Services Capacity Building – Mission Karmayogi’ was launched to effect a transformational shift from rule based training to role-based capacity development of all civil services in the country so as to enhance citizen experience for government services and improve availability of competent workforce.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
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Question 10 of 10
10. Question
1 pointsThe “SPRINT Challenges” was in news recently, is related to which of the following?
Correct
Ans: (d)
Explanation:
- PM unveiled ‘SPRINT challenges’, an initiative aimed at boosting the usage of indigenous technologyin the Indian Navy.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
Incorrect
Ans: (d)
Explanation:
- PM unveiled ‘SPRINT challenges’, an initiative aimed at boosting the usage of indigenous technologyin the Indian Navy.
Refer: facts for prelims: https://www.insightsonindia.com/2022/07/20/mission-2023-insights-daily-current-affairs-pib-summary-20-july-2022/
