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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 pointsConsider the following statements.
- Indian tax revenues remain largely dependent on direct tax collections.
- Among the Revenue expenditure made by the Centre, the Interest payments constitute the lowest share.
Which of the above statements is/are incorrect?
CorrectAns: (c)
Explanation:
- Since an overwhelming majority of Indians do not pay income taxes, Indian tax revenues remain largely dependent on indirect tax collections, which include all taxes on spending (such as GST). These indirect taxes account for over two-thirds of total tax revenue in India.
- Over half of the government’s expenditure in India goes towards subsidies and other programmes.
- India also spends a substantial amount on interest payments. At 2017 levels of expenditure, 6% of GDP went towards interest payments.
- Higher proportion of interest payments are a direct outcome of the debt levels accumulated by the Indian government.
Refer: https://www.insightsonindia.com/2022/10/28/an-income-tax-lesson-for-gst/
IncorrectAns: (c)
Explanation:
- Since an overwhelming majority of Indians do not pay income taxes, Indian tax revenues remain largely dependent on indirect tax collections, which include all taxes on spending (such as GST). These indirect taxes account for over two-thirds of total tax revenue in India.
- Over half of the government’s expenditure in India goes towards subsidies and other programmes.
- India also spends a substantial amount on interest payments. At 2017 levels of expenditure, 6% of GDP went towards interest payments.
- Higher proportion of interest payments are a direct outcome of the debt levels accumulated by the Indian government.
Refer: https://www.insightsonindia.com/2022/10/28/an-income-tax-lesson-for-gst/
- Question 2 of 10
2. Question
1 pointsWhich of the following are considered as tax revenue for the Union Government?
- Personal income tax
- Excise Duty
- Dividends on investments
- Income through Spectrum Auctions
Select the correct answer using the code below:
CorrectAns: (c)
Explanation:
- Tax revenues consist of the proceeds of taxes and other duties levied by the central government.
- Tax revenues comprise of direct taxes – which fall directly on individuals (personal income tax) and firms (corporation tax), and indirect taxes like excise taxes (duties levied on goods produced within the country), customs duties (taxes imposed on goods imported into and exported out of India) and service tax.
- Non-tax revenue of the central government mainly consists of interest receipts (on account of loans by the central government which constitutes the single largest item of non-tax revenue), dividends and profits on investments made by the government, fees and other receipts for services rendered by the government. Cash grants-in-aid from foreign countries and international organisations are also included.
- Income generated by the Central Government through the spectrum auctions is part of non-tax revenue.
Refer: https://www.insightsonindia.com/2022/10/28/an-income-tax-lesson-for-gst/
IncorrectAns: (c)
Explanation:
- Tax revenues consist of the proceeds of taxes and other duties levied by the central government.
- Tax revenues comprise of direct taxes – which fall directly on individuals (personal income tax) and firms (corporation tax), and indirect taxes like excise taxes (duties levied on goods produced within the country), customs duties (taxes imposed on goods imported into and exported out of India) and service tax.
- Non-tax revenue of the central government mainly consists of interest receipts (on account of loans by the central government which constitutes the single largest item of non-tax revenue), dividends and profits on investments made by the government, fees and other receipts for services rendered by the government. Cash grants-in-aid from foreign countries and international organisations are also included.
- Income generated by the Central Government through the spectrum auctions is part of non-tax revenue.
Refer: https://www.insightsonindia.com/2022/10/28/an-income-tax-lesson-for-gst/
- Question 3 of 10
3. Question
1 pointsConsider the following statements.
- The first gold coins were issued by the Indo-Greeks.
- The first coins to bear the names and images of rulers were issued by Guptas.
Which of the above statements is/are correct?
CorrectAns: (d)
Explanation:
- The first coins to bear the names and images of rulers were issued by the Indo-Greeks, who established control over the north-western part of the subcontinent in second century BCE.
- The kushanas, however, issued the largest hoards of gold coins first gold coins in first century CE. These were virtually identical in weight with those issued by contemporary Roman emperors and the Parthian rulers of Iran, and have been found from several sites in north India and Central Asia.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
IncorrectAns: (d)
Explanation:
- The first coins to bear the names and images of rulers were issued by the Indo-Greeks, who established control over the north-western part of the subcontinent in second century BCE.
- The kushanas, however, issued the largest hoards of gold coins first gold coins in first century CE. These were virtually identical in weight with those issued by contemporary Roman emperors and the Parthian rulers of Iran, and have been found from several sites in north India and Central Asia.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
- Question 4 of 10
4. Question
1 pointsThe Instrument of Accession, a legal document first introduced by:
CorrectAns: (c)
Explanation:
- The Instrument of Accession was a legal document first introduced by the Government of India Act 1935 and used in 1947 to enable each of the rulers of the princely states under British paramountcy to join one of the new dominions of India or Pakistan created by the Partition of British India.
- Why is October 27 celebrated as Infantry Day?
- It was on this day that first Indian infantry soldiers took part in an action to defend Indian territory from external aggression.
- On October 26, 1947 the then Maharaja of Jammu and Kashmir, Hari Singh, signed the instrument of accession, making his state a part of Indian dominion, and thus paving the day for Indian troops to be deployed in the state to fight against Pakistani invaders.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
IncorrectAns: (c)
Explanation:
- The Instrument of Accession was a legal document first introduced by the Government of India Act 1935 and used in 1947 to enable each of the rulers of the princely states under British paramountcy to join one of the new dominions of India or Pakistan created by the Partition of British India.
- Why is October 27 celebrated as Infantry Day?
- It was on this day that first Indian infantry soldiers took part in an action to defend Indian territory from external aggression.
- On October 26, 1947 the then Maharaja of Jammu and Kashmir, Hari Singh, signed the instrument of accession, making his state a part of Indian dominion, and thus paving the day for Indian troops to be deployed in the state to fight against Pakistani invaders.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
- Question 5 of 10
5. Question
1 pointsConsider the following statements:
- The Parliament (Prevention of Disqualification) Act, 1959 exempts several posts from disqualification on the grounds of ‘Office of Profit’.
- The above-mentioned Act was amended five times.
- The term ‘Office of Profit’ is well-defined in the Constitution of India.
Which of the statements given above is/are correct?
CorrectAns: (a)
Explanation:
- Since S3 is clearly incorrect, the answer must be A.
- According to Articles 102(1)(a) and 191(1)(a) of Constitution, legislators (MP or MLA) can be barred from holding office of profit under Central Government or state government as it can put them in position to gain financial benefit.
- The Supreme Court recently held that the Parliament (Prevention of Disqualification) Amendment Act, 2006 exempting 55 offices occupied by members of Parliament from disqualification was constitutionally valid. See https://www.thehindu.com/news/national/Supreme-Court-upholds-office-of-profit-law/article16876481.ece
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
IncorrectAns: (a)
Explanation:
- Since S3 is clearly incorrect, the answer must be A.
- According to Articles 102(1)(a) and 191(1)(a) of Constitution, legislators (MP or MLA) can be barred from holding office of profit under Central Government or state government as it can put them in position to gain financial benefit.
- The Supreme Court recently held that the Parliament (Prevention of Disqualification) Amendment Act, 2006 exempting 55 offices occupied by members of Parliament from disqualification was constitutionally valid. See https://www.thehindu.com/news/national/Supreme-Court-upholds-office-of-profit-law/article16876481.ece
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
- Question 6 of 10
6. Question
1 pointsConsider the following statements about the National Investigation Agency (NIA):
- It acts as the Central Counter-Terrorism Law Enforcement Agency.
- It can probe terror attacks targeting Indians and Indian interests abroad.
- It is empowered to deal with terror related crimes across states without special permission from the states.
Which of the statements given above is/are correct?
CorrectAns: (d)
Explanation:
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
IncorrectAns: (d)
Explanation:
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
- Question 7 of 10
7. Question
1 pointsWith reference to Election Commission of India’s Model Code of Conduct, consider the following statements:
- The MCC is a set of guidelines issued by the EC to regulate political parties and candidates prior to elections.
- The MCC comes into force immediately on the announcement of the election schedule by the commission for the need of ensuring free and fair elections.
Which of the statements given above is/are correct?
CorrectAns: (c)
Explanation:
- The MCC is a set of guidelines issued by the EC to regulate political parties and candidates prior to elections.
- The MCC comes into force immediately on the announcement of the election schedule by the commission for the need of ensuring free and fair elections.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
IncorrectAns: (c)
Explanation:
- The MCC is a set of guidelines issued by the EC to regulate political parties and candidates prior to elections.
- The MCC comes into force immediately on the announcement of the election schedule by the commission for the need of ensuring free and fair elections.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
- Question 8 of 10
8. Question
1 pointsConsider the following statements regarding Simon Kuznets
- Simon Kuznets set the standard for national income accounting that helped advance ideas of Keynesian economics.
- Kuznets curve hypothesizes that industrializing nations experience a rise and subsequent decline in income inequality.
- Kuznets curve graph is represented by a U-shaped curve.
Which of the statements given above are correct?
CorrectAns: (a)
Explanation:
- Simon Kuznets, a Russian-American development economistand statistician, was awarded the 1971 Nobel Memorial Prize in Economics for his research on economic growth. He set the standard for national income accounting, enabling accurate estimates of gross national product to be calculated for the first time.
- Key Takeaways
- Simon Kuznets, a Russian-American economist, set the standard for national income accounting that helped advance ideas of Keynesian economicsand the study of econometrics.
- Kuznets is also known for the Kuznets curve, which hypothesizes that industrializing nations experience a rise and subsequent decline in income inequality.
- The rise in inequality occurs after rural labor migrates to urban areas and becomes socially mobile. After a certain income level is reached, inequality declines as a welfare state takes hold.
- A modification of the curve, known as environmental Kuznets curve, has become popular to chart the rise and decline of pollution in an industrializing nation’s economy.
- Kuznets Curve
- Kuznets’ work on economic growth and income distribution led him to hypothesize that industrializing nations experience a rise and subsequent decline in economic inequality, characterized as an inverted “U”—the “Kuznets curve.”
- He thought economic inequality would increase as rural labor migrated to the cities, keeping wages down as workers competed for jobs. But according to Kuznets, social mobility increases again once a certain level of income was reached in “modern” industrialized economies, as the welfare state takes hold.
- However, since Kuznets postulated this theory in the 1970s, income inequality has increased in advanced developed countries—although inequality has declined in fast-growing East Asian countries.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
IncorrectAns: (a)
Explanation:
- Simon Kuznets, a Russian-American development economistand statistician, was awarded the 1971 Nobel Memorial Prize in Economics for his research on economic growth. He set the standard for national income accounting, enabling accurate estimates of gross national product to be calculated for the first time.
- Key Takeaways
- Simon Kuznets, a Russian-American economist, set the standard for national income accounting that helped advance ideas of Keynesian economicsand the study of econometrics.
- Kuznets is also known for the Kuznets curve, which hypothesizes that industrializing nations experience a rise and subsequent decline in income inequality.
- The rise in inequality occurs after rural labor migrates to urban areas and becomes socially mobile. After a certain income level is reached, inequality declines as a welfare state takes hold.
- A modification of the curve, known as environmental Kuznets curve, has become popular to chart the rise and decline of pollution in an industrializing nation’s economy.
- Kuznets Curve
- Kuznets’ work on economic growth and income distribution led him to hypothesize that industrializing nations experience a rise and subsequent decline in economic inequality, characterized as an inverted “U”—the “Kuznets curve.”
- He thought economic inequality would increase as rural labor migrated to the cities, keeping wages down as workers competed for jobs. But according to Kuznets, social mobility increases again once a certain level of income was reached in “modern” industrialized economies, as the welfare state takes hold.
- However, since Kuznets postulated this theory in the 1970s, income inequality has increased in advanced developed countries—although inequality has declined in fast-growing East Asian countries.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
- Question 9 of 10
9. Question
1 pointsConsider the following statements:
- Blue Flag certification is a globally recognised eco-label accorded by the “Foundation for Environment Education in Denmark” based on 33 stringent criteria.
- It was started in France in 1985.
- The Certification is awarded annually.
Which of the statements given above are correct?
CorrectAns: (d)
Explanation:
- Blue Flag certification is a globally recognised eco-label accorded by the “Foundation for Environment Education in Denmark”based on 33 stringent criteria.
- Certification awarded byan international jury comprising members of the United Nations Environment Programme (UNEP), United Nations World Tourism Organisation (UNWTO), and International Union for the Conservation of Nature (IUCN), besides FEE.
- It was started in France in 1985.
- Certification is awarded annually.
- Benefits: Neat and clean beachesare an indicator that the coastal environment is in good health and the Blue Flag certification is a global recognition of India’s conservation and sustainable development efforts.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
IncorrectAns: (d)
Explanation:
- Blue Flag certification is a globally recognised eco-label accorded by the “Foundation for Environment Education in Denmark”based on 33 stringent criteria.
- Certification awarded byan international jury comprising members of the United Nations Environment Programme (UNEP), United Nations World Tourism Organisation (UNWTO), and International Union for the Conservation of Nature (IUCN), besides FEE.
- It was started in France in 1985.
- Certification is awarded annually.
- Benefits: Neat and clean beachesare an indicator that the coastal environment is in good health and the Blue Flag certification is a global recognition of India’s conservation and sustainable development efforts.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
- Question 10 of 10
10. Question
1 pointsConsider the following statements:
- World TB Day is observed every year on March 24 to raise public awareness and to step up efforts to end the global TB epidemic.
- TB is an infectious disease caused by the bacillus Mycobacterium tuberculosis.
- World Health Organization has published a global TB report every year since 1997.
Which of the statements given above are correct?
CorrectAns: (d)
Explanation:
- World Tuberculosis (TB) Dayis observed on March 24 to raise public awareness about the devastating health, social and economic consequences of TB, and to step up efforts to end the global TB epidemic.
- The date marks the day in 1882 when Dr Robert Koch announced that he had discovered the bacterium that causes TB,which opened the way towards diagnosing and curing this disease.
- What is TB?
- TB is an infectious disease caused by the bacillus Mycobacterium tuberculosis.
- It typically affects the lungs (pulmonary TB) but can also affect other sites.
- The disease is spread when people who are sick with pulmonary TB expel bacteria into the air, for example by coughing.
- Diagnostic tests for TB disease include – Rapid molecular test, Sputum smear microscopy, Culture-based methods
- Without treatment, the mortality rate from TB is high.
- Some facts on TB:
- TB remains the world’s deadliest infectious killer. Each day, over 4000 people lose their lives to TB and close to 30,000 people fall ill with this preventable and curable disease.
- The World Health Organization (WHO) has launched a joint initiative “Find. Treat. All. #EndTB”with the Global Fund and Stop TB Partnership, with the aim of accelerating the TB response and ensuring access to care, in line with WHO’s overall drive towards Universal Health Coverage.
- WHO has published a global TB reportevery year since 1997.
- Initiatives in India:
- TB treatment is free in India.
- India aims to eliminate TB by 2025. UN aims to eliminate TB by 2030.
- Mass BCG vaccination to prevent TB.
- In 1993, the Revised National TB Control Programme (RNTCP) was launched, offering free diagnosis and treatment for patients, rescuing them from otherwise sure death.
- Rs 12,000 cr fund to fight TB over the next 3 years.
- TB Harega Desh Jeetega campaign.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
IncorrectAns: (d)
Explanation:
- World Tuberculosis (TB) Dayis observed on March 24 to raise public awareness about the devastating health, social and economic consequences of TB, and to step up efforts to end the global TB epidemic.
- The date marks the day in 1882 when Dr Robert Koch announced that he had discovered the bacterium that causes TB,which opened the way towards diagnosing and curing this disease.
- What is TB?
- TB is an infectious disease caused by the bacillus Mycobacterium tuberculosis.
- It typically affects the lungs (pulmonary TB) but can also affect other sites.
- The disease is spread when people who are sick with pulmonary TB expel bacteria into the air, for example by coughing.
- Diagnostic tests for TB disease include – Rapid molecular test, Sputum smear microscopy, Culture-based methods
- Without treatment, the mortality rate from TB is high.
- Some facts on TB:
- TB remains the world’s deadliest infectious killer. Each day, over 4000 people lose their lives to TB and close to 30,000 people fall ill with this preventable and curable disease.
- The World Health Organization (WHO) has launched a joint initiative “Find. Treat. All. #EndTB”with the Global Fund and Stop TB Partnership, with the aim of accelerating the TB response and ensuring access to care, in line with WHO’s overall drive towards Universal Health Coverage.
- WHO has published a global TB reportevery year since 1997.
- Initiatives in India:
- TB treatment is free in India.
- India aims to eliminate TB by 2025. UN aims to eliminate TB by 2030.
- Mass BCG vaccination to prevent TB.
- In 1993, the Revised National TB Control Programme (RNTCP) was launched, offering free diagnosis and treatment for patients, rescuing them from otherwise sure death.
- Rs 12,000 cr fund to fight TB over the next 3 years.
- TB Harega Desh Jeetega campaign.
Refer: Facts for prelims: https://www.insightsonindia.com/2022/10/28/mission-2023-insights-daily-current-affairs-pib-summary-28-october-2022/
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