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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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Question 1 of 5
1. Question
1 pointsThe Government established Small Farmers’ Agri-Business Consortium (SFAC) with an objective to
- Help the formation and growth of Farmer Producer Organizations (FPOs) / Farmer Producer Companies (FPCs)
- Facilitate agri-business ventures by catalysing private investment
- Implement the National Agriculture Market (e-NAM) Electronic Trading platform
How many of the above statements is/are correct?
Correct
Solution: c)
The Government established Small Farmers’ Agri-Business Consortium (SFAC) as a Society in January 1994 to facilitate agri-business ventures by catalysing private investment through Venture Capital Assistance (VCA) Scheme in close association with financial institutions.
SFAC is an Autonomous Society promoted by Department of Agriculture, Cooperation and Farmers Welfare, Ministry of Agriculture and Farmers Welfare, Govt. of India”
It is registered under Societies Registration Act 1860. The role of State SFACs is to aggressively promote agribusiness project development in their respective States.
The main functions of SFAC are:
o Promotion of development of small agribusiness through VCA scheme.
o Helping formation and growth of Farmer Producer Organizations (FPOs) / Farmer Producer Companies (FPCs).
o Improving availability of working capital and development of business activities of FPOs/FPCs through Equity Grant and Credit Guarantee Fund Scheme.
o Implementation of National Agriculture Market (e-NAM) Electronic Trading platform.
Incorrect
Solution: c)
The Government established Small Farmers’ Agri-Business Consortium (SFAC) as a Society in January 1994 to facilitate agri-business ventures by catalysing private investment through Venture Capital Assistance (VCA) Scheme in close association with financial institutions.
SFAC is an Autonomous Society promoted by Department of Agriculture, Cooperation and Farmers Welfare, Ministry of Agriculture and Farmers Welfare, Govt. of India”
It is registered under Societies Registration Act 1860. The role of State SFACs is to aggressively promote agribusiness project development in their respective States.
The main functions of SFAC are:
o Promotion of development of small agribusiness through VCA scheme.
o Helping formation and growth of Farmer Producer Organizations (FPOs) / Farmer Producer Companies (FPCs).
o Improving availability of working capital and development of business activities of FPOs/FPCs through Equity Grant and Credit Guarantee Fund Scheme.
o Implementation of National Agriculture Market (e-NAM) Electronic Trading platform.
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Question 2 of 5
2. Question
1 pointsAccording to Article 103 of the Constitution of India, if any question arises as to whether a member of either House of Parliament has become subject to disqualifications mentioned under Article 102(1), the decision of _________shall be final?
Correct
Solution: c)
Article 103, which says that if any question arises as to whether any sitting Member has become subject to any of the disqualifications mentioned under Article 102(1), the question shall be referred to the President whose decision shall be final.
Before giving any decision on any such question, the President shall obtain the opinion of the Election Commission and shall act according to such opinion
Incorrect
Solution: c)
Article 103, which says that if any question arises as to whether any sitting Member has become subject to any of the disqualifications mentioned under Article 102(1), the question shall be referred to the President whose decision shall be final.
Before giving any decision on any such question, the President shall obtain the opinion of the Election Commission and shall act according to such opinion
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Question 3 of 5
3. Question
1 pointsConsider the following statements.
- The Marshall Plan promoted the idea of shared interests and cooperation between the US and Europe.
- The Vandenburg Resolution was the stepping stone to the formation of North Atlantic Treaty Organisation (NATO).
- Collective defence lies at the very core of North Atlantic Treaty Organisation (NATO).
How many of the above statements is/are correct?
Correct
Solution: c)
Members of NATO are committed to mutual defence in response to an attack by any external party. Collective defence lies at the very heart of NATO, “a unique and enduring principle that binds its members together, committing them to protect each other and setting a spirit of solidarity within the Alliance”.
The European Recovery Programme, known as the Marshall Plan after President Harry S Truman’s Secretary of State George C Marshall, promoted the idea of shared interests and cooperation between the US and Europe. The USSR declined to participate in the Marshall Plan, and discouraged eastern European states in its sphere of influence from receiving American economic assistance.
The Vandenburg Resolution was the stepping stone to NATO.
Incorrect
Solution: c)
Members of NATO are committed to mutual defence in response to an attack by any external party. Collective defence lies at the very heart of NATO, “a unique and enduring principle that binds its members together, committing them to protect each other and setting a spirit of solidarity within the Alliance”.
The European Recovery Programme, known as the Marshall Plan after President Harry S Truman’s Secretary of State George C Marshall, promoted the idea of shared interests and cooperation between the US and Europe. The USSR declined to participate in the Marshall Plan, and discouraged eastern European states in its sphere of influence from receiving American economic assistance.
The Vandenburg Resolution was the stepping stone to NATO.
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Question 4 of 5
4. Question
1 pointsWhich of the following countries shares border with Arabian Sea?
- Oman
- Saudi Arabia
- Pakistan
- Yemen
How many of the above options is/are correct?
Correct
Solution: c)
Option 2 is incorrect.
Incorrect
Solution: c)
Option 2 is incorrect.
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Question 5 of 5
5. Question
1 pointsThe Consumer Protection Act, 2019, provides which of the following rights to the consumers?
- Right to be informed of the quality, quantity, purity, standard and price of goods or services
- Right to be assured of access to a variety of goods or services at competitive prices
- Right to seek redressal against unfair or restrictive trade practices.
- Right to be protected against marketing of goods and services which are hazardous to life and property
Select the correct answer code:
Correct
Solution: d)
Rights of consumers:
Six consumer rights have been defined including the right to: (i) be protected against marketing of goods and services which are hazardous to life and property; (ii) be informed of the quality, quantity, potency, purity, standard and price of goods or services; (iii) be assured of access to a variety of goods or services at competitive prices; and (iv) seek redressal against unfair or restrictive trade practices.
Incorrect
Solution: d)
Rights of consumers:
Six consumer rights have been defined including the right to: (i) be protected against marketing of goods and services which are hazardous to life and property; (ii) be informed of the quality, quantity, potency, purity, standard and price of goods or services; (iii) be assured of access to a variety of goods or services at competitive prices; and (iv) seek redressal against unfair or restrictive trade practices.
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