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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 regarding Financial Stability Board (FSB).
- The Financial Stability Board (FSB) is an international body established by World Bank.
- It monitors and makes recommendations about the global financial system.
- It was established following the onset of 2008 Global financial crisis.
Which of the above statements is/are correct?
Correct
Solution: c)
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. The FSB was established by G20 leaders following the onset of the global financial crisis.
Incorrect
Solution: c)
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. The FSB was established by G20 leaders following the onset of the global financial crisis.
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Question 2 of 5
2. Question
Consider the following statements regarding National Family Health Survey (NFHS).
- National Family Health Survey (NFHS) is a large-scale, multi-round survey conducted in a representative sample of households throughout India.
- It provides information on indicators which are helpful in tracking the progress of Sustainable Development Goals (SDGs) in India.
- The scope of NFHS-5 was expanded by adding new dimensions in the earlier round of the survey (NFHS-4).
Which of the above statements is/are correct?
Correct
Solution: d)
National Family Health Survey (NFHS)
It is a large-scale, multi-round survey conducted in a representative sample of households throughout India.
It comprises detailed information on key domains:
- Population
- Health
- Family Welfare
The scope of NFHS-5 was expanded by adding new dimensions in the earlier round of the survey (NFHS-4) such as:
- Death registration
- Pre-school education
- Expanded domains of child immunization
- Components of micro-nutrients to children
- Menstrual hygiene
- Frequency of alcohol and tobacco use
- Additional components of Non-Communicable Diseases (NCDs)
- Expanded age range for measuring hypertension
- Diabetes among all aged 15 years and above.
It provides information on important indicators which are helpful in tracking the progress of Sustainable Development Goals (SDGs) in the country.
Incorrect
Solution: d)
National Family Health Survey (NFHS)
It is a large-scale, multi-round survey conducted in a representative sample of households throughout India.
It comprises detailed information on key domains:
- Population
- Health
- Family Welfare
The scope of NFHS-5 was expanded by adding new dimensions in the earlier round of the survey (NFHS-4) such as:
- Death registration
- Pre-school education
- Expanded domains of child immunization
- Components of micro-nutrients to children
- Menstrual hygiene
- Frequency of alcohol and tobacco use
- Additional components of Non-Communicable Diseases (NCDs)
- Expanded age range for measuring hypertension
- Diabetes among all aged 15 years and above.
It provides information on important indicators which are helpful in tracking the progress of Sustainable Development Goals (SDGs) in the country.
-
Question 3 of 5
3. Question
Gross capital formation will necessarily increase if:
- GDP increases
- Gross domestic consumption increases
- Gross domestic savings increases
Select the correct answer code:
Correct
Solution: d)
Gross capital formation, in simple terms is equivalent to investment made. It was earlier called gross domestic investment. The part of GDP that is used is called gross domestic consumption, while the part that is saved is gross domestic savings (GDS). Some part of this GDS will be re-invested back, and that is called gross capital formation. Now, an increase in GDP or GDS will not necessarily lead to an increase in capital formation. Because how much is invested back will depend on many other factors.
Incorrect
Solution: d)
Gross capital formation, in simple terms is equivalent to investment made. It was earlier called gross domestic investment. The part of GDP that is used is called gross domestic consumption, while the part that is saved is gross domestic savings (GDS). Some part of this GDS will be re-invested back, and that is called gross capital formation. Now, an increase in GDP or GDS will not necessarily lead to an increase in capital formation. Because how much is invested back will depend on many other factors.
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Question 4 of 5
4. Question
Generally which of the following is/are the characteristics that the pollutant should possess in order for bio magnification to occur?
- A pollutant should be biologically active.
- A pollutant should be long lived.
- A pollutant should be soluble in fats.
Select the correct answer code:
Correct
Solution: c)
Bio magnification stands for Biological Magnification, which means the increase of contaminated substances or toxic chemicals that take place in the food chains. These substances often arise from intoxicated or contaminated environments.
The contaminants include heavy metals namely mercury, arsenic, pesticides such as DDT, and polychlorinated biphenyls (PCBs) compounds which are then taken up by organisms because of the food they consume or the intoxication of their environment.
Pollutant needs to satisfy characteristics like long life, biologically active, soluble in fat etc. to make bio magnification possible.
Incorrect
Solution: c)
Bio magnification stands for Biological Magnification, which means the increase of contaminated substances or toxic chemicals that take place in the food chains. These substances often arise from intoxicated or contaminated environments.
The contaminants include heavy metals namely mercury, arsenic, pesticides such as DDT, and polychlorinated biphenyls (PCBs) compounds which are then taken up by organisms because of the food they consume or the intoxication of their environment.
Pollutant needs to satisfy characteristics like long life, biologically active, soluble in fat etc. to make bio magnification possible.
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Question 5 of 5
5. Question
Consider the following statements.
- The evergreening of loans means, banks try to revive a loan that is on the verge of default by granting further loans to the same borrower.
- RBI’s surplus transfer or Dividend to the Government constitutes tax revenue to the Government.
Which of the above statements is/are correct?
Correct
Solution: a)
The evergreening of loans is a term in which banks try to revive a loan that is on the verge of default by granting further loans to the same borrower.
Dividend, or surplus transfer, from the Reserve Bank of India (RBI) has become one of the biggest sources of non-tax revenues for the Centre.
Incorrect
Solution: a)
The evergreening of loans is a term in which banks try to revive a loan that is on the verge of default by granting further loans to the same borrower.
Dividend, or surplus transfer, from the Reserve Bank of India (RBI) has become one of the biggest sources of non-tax revenues for the Centre.
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