UPSC Editorials Quiz : 18 June 2024

Solution: b)

Option 4 and 5 is incorrect.

India’s FTAs: India has inked trade deals with Sri Lanka, Bhutan, Thailand, Singapore, Malaysia, Korea, Japan, Australia, UAE, Mauritius and the 10-nation bloc ASEAN (Association of Southeast Asian Nations).

In addition, India is negotiating trade agreements at present with a number of its trading partners.

The negotiations are underway with the UK, Oman, the European Union (EU), Peru, and Israel.

Talks with Canada for a similar pact were put on hold due to certain political issues.

Source

Solution: c)

HDI is a composite index that measures average achievement in human development taking into account three indicators:

• Life expectancy at birth (Sustainable Development Goal (SDG) 3)
• Expected years of schooling (SDG 4.3),
  • Mean years of schooling (SDG 4.4)
• Gross national income (GNI) (SDG 8.5).

Source

Solution: b)

Statement 2 is incorrect.

Inheritance tax:

• It is a tax paid for inheriting a property or asset from a deceased person.
• It is levied on the value of the inheritance received by the beneficiary, and it is paid by the beneficiary.
• Depending on the country, it can be as high as 55%.
• A person can receive inheritance either under a Will or under the personal law of the deceased.
• In India, the concept of levying tax on inheritance does not exist
• It involves assessing the value of all assets owned by the deceased, including real estate, investments, bank accounts, vehicles, and personal belongings, while also considering any outstanding debts or liabilities.

Source

Solution: a)

Statement 1 is incorrect.

The Yarlung Tsangpo is the upper stream of the Brahmaputra River located in the Tibet Autonomous Region, China. It is the longest river of Tibet.

Originating at Angsi Glacier in western Tibet, southeast of Mount Kailash and Lake Manasarovar, it later forms the South Tibet Valley and Yarlung Tsangpo Grand Canyon before passing into the state of Arunachal Pradesh, India.

Downstream from Arunachal Pradesh the river becomes far wider and is called the Siang. After reaching Assam, the river is known as Brahmaputra. From Assam, the river enters Bangladesh.

When leaving the Tibetan Plateau, the River forms the world’s largest and deepest canyon, Yarlung Tsangpo Grand Canyon.

Solution: b)

Statement 1 is incorrect.

• Dhokra art is non-ferrous metal casting art that uses the lost-wax casting technique. This technique has been in use for over 4,000 years in India, and is still practised by artisans in central and eastern India. It is in great demand in domestic and foreign markets because of its primitive simplicity, folk motifs and forceful form.
• One of the earliest known lost wax artefacts is the dancing girl of Mohenjodaro.
• The lost wax technique for casting of copper-based alloys has also been found in China, Egypt, Malaysia, Nigeria, Central America, and other places.