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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 Public Account of India.
- Public Account of India accounts for those transactions where the Union government acts as a banker.
- Expenditures from Public Account of India does not require the approval of the parliament.
- State provident funds and small savings deposits are outside the preview of Public Account of India.
How many of the above statements is/are correct?
Correct
Solution: b)
Statement 3 is incorrect.
Public Account of India accounts for flows for those transactions where the government is merely acting as a banker. This fund was constituted under Article 266 (2) of the Constitution.
Examples of those are provident funds, small savings and so on. These funds do not belong to the government. They have to be paid back at some time to their rightful owners. Because of this nature of the fund, expenditures from it are not required to be approved by the Parliament.
Incorrect
Solution: b)
Statement 3 is incorrect.
Public Account of India accounts for flows for those transactions where the government is merely acting as a banker. This fund was constituted under Article 266 (2) of the Constitution.
Examples of those are provident funds, small savings and so on. These funds do not belong to the government. They have to be paid back at some time to their rightful owners. Because of this nature of the fund, expenditures from it are not required to be approved by the Parliament.
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Question 2 of 5
2. Question
Consider the following statements regarding Red Sanders.
- Red Sanders is a flora-species that is endemic to Western Ghats.
- It is listed under ‘endangered list’ in the International Union for Conservation of Nature (IUCN) Red List.
- The export of Red Sanders from India is prohibited.
How many of the above statements is/are correct?
Correct
Solution: b)
Statement 1 is incorrect.
- Red Sanders is a flora-species that is endemic to a distinct tract of forests in Eastern Ghats region of Andhra Pradesh and fall under ‘endangered list’ in the International Union for Conservation of Nature (IUCN) Red List.
- Red Sanders is also listed in Appendix-II of the Convention on International Trade in Endangered Species of Wildlife Fauna and Flora (CITES).
- Its rich hue and therapeutic properties are responsible for its high demand across Asia, particularly China, for use in cosmetics, medicinal products and high-end furniture/woodcraft.
- The export of Red Sanders from India is prohibited as per the Foreign Trade Policy.
Incorrect
Solution: b)
Statement 1 is incorrect.
- Red Sanders is a flora-species that is endemic to a distinct tract of forests in Eastern Ghats region of Andhra Pradesh and fall under ‘endangered list’ in the International Union for Conservation of Nature (IUCN) Red List.
- Red Sanders is also listed in Appendix-II of the Convention on International Trade in Endangered Species of Wildlife Fauna and Flora (CITES).
- Its rich hue and therapeutic properties are responsible for its high demand across Asia, particularly China, for use in cosmetics, medicinal products and high-end furniture/woodcraft.
- The export of Red Sanders from India is prohibited as per the Foreign Trade Policy.
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Question 3 of 5
3. Question
Consider the following statements.
- Glaciers are the largest source of freshwater in the Himalayan ecosystem.
- A glacial lake outburst flood (GLOF) is caused by the failure of a dam containing a glacial lake.
- There is considerable shrinking of glacial lakes across the Himalayas, in recent decade.
How many of the above statements is/are correct?
Correct
Solution: b)
Statement 3 is incorrect.
Glaciers are the largest source of freshwater outside of the polar regions. Glaciers and snow melt in the Himalayan ecosystem are the source of water for several rivers across the subcontinent, and are responsible for maintaining the perennial supply of water in the river systems like the Indus, Ganges, and Brahmaputra to over a billion people.
Some models predict that an increase in global temperatures by 2°C from 1850 by 2070 would result in 45% of the medium and large glaciers (10 sq km or more) disappearing completely. Nearly 70% smaller glaciers are likely to melt away. Shrinking glaciers have led to the formation of a large number of glacial lakes all across the Himalayas. Many of these high-altitude lakes are potentially dangerous, because of their potential to cause flash floods in the event of a breach.
A glacial lake outburst flood (GLOF) is a type of outburst flood caused by the failure of a dam containing a glacial lake.
Incorrect
Solution: b)
Statement 3 is incorrect.
Glaciers are the largest source of freshwater outside of the polar regions. Glaciers and snow melt in the Himalayan ecosystem are the source of water for several rivers across the subcontinent, and are responsible for maintaining the perennial supply of water in the river systems like the Indus, Ganges, and Brahmaputra to over a billion people.
Some models predict that an increase in global temperatures by 2°C from 1850 by 2070 would result in 45% of the medium and large glaciers (10 sq km or more) disappearing completely. Nearly 70% smaller glaciers are likely to melt away. Shrinking glaciers have led to the formation of a large number of glacial lakes all across the Himalayas. Many of these high-altitude lakes are potentially dangerous, because of their potential to cause flash floods in the event of a breach.
A glacial lake outburst flood (GLOF) is a type of outburst flood caused by the failure of a dam containing a glacial lake.
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Question 4 of 5
4. Question
Consider the following statements regarding National Pension Scheme (NPS).
- The Scheme is regulated by Reserve Bank of India (RBI).
- Only Indian citizens are eligible under NPS.
- The shift to NPS was undertaken due to concerns over the coverage, sustainability, and scalability of the old pension framework.
How many of the above statements is/are correct?
Correct
Solution: a)
Only Statement 3 is correct.
National Pension System (NPS) is a pension cum investment scheme launched by Government of India to provide old age security to Citizens of India. It brings an attractive long-term saving avenue to effectively plan your retirement through safe and regulated market-based return. The Scheme is regulated by Pension Fund Regulatory and Development Authority (PFRDA). National Pension System Trust (NPST) established by PFRDA is the registered owner of all assets under NPS.
Any individual citizen of India (both resident and Non-resident) in the age group of 18-70 years (as on the date of submission of NPS application) can join NPS.
Opening multiple NPS accounts for an individual is not allowed under NPS.
Incorrect
Solution: a)
Only Statement 3 is correct.
National Pension System (NPS) is a pension cum investment scheme launched by Government of India to provide old age security to Citizens of India. It brings an attractive long-term saving avenue to effectively plan your retirement through safe and regulated market-based return. The Scheme is regulated by Pension Fund Regulatory and Development Authority (PFRDA). National Pension System Trust (NPST) established by PFRDA is the registered owner of all assets under NPS.
Any individual citizen of India (both resident and Non-resident) in the age group of 18-70 years (as on the date of submission of NPS application) can join NPS.
Opening multiple NPS accounts for an individual is not allowed under NPS.
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Question 5 of 5
5. Question
Consider the following statements regarding Tuberculosis (TB).
- Tuberculosis is a bacterial infection caused by Mycobacterium tuberculosis.
- Not all people who become infected with TB will develop symptoms.
- The disease affects only the lungs and not other parts of the body.
How many of the above statements is/are correct?
Correct
Solution: b)
Statement 3 is incorrect.
Incorrect
Solution: b)
Statement 3 is incorrect.
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