The following quiz will have 5-10 MCQs. The questions are mainly framed from The Hindu and PIB news articles.
This quiz is intended to introduce you to concepts and certain important facts relevant to UPSC IAS civil services preliminary exam 2021. It is not a test of your knowledge. If you score less, please do not mind. Read again sources provided and try to remember better.
Please try to enjoy questions, discuss the concepts and facts they try to test from you and suggest improvements.
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Puucho CURRENT AFFAIRS QUIZ 2020
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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 points
An FCRA registration is mandatory for NGOs to receive foreign funds. Registered NGOs can receive foreign contribution for which of the following purposes?
Social
Educational
Religious
Economic
Cultural
Select the correct answer code:
Correct
Solution: d)
Registered NGOs can receive foreign contribution for five purposes — social, educational, religious, economic and cultural. An FCRA registration is mandatory for NGOs to receive foreign funds.
Incorrect
Solution: d)
Registered NGOs can receive foreign contribution for five purposes — social, educational, religious, economic and cultural. An FCRA registration is mandatory for NGOs to receive foreign funds.
Question 2 of 5
1 points
Arrange the following kharif crops in the decreasing order of the total area coverage.
Oil seeds
Rice
Pulses
Cotton
Sugarcane
Select the correct answer code:
Correct
Solution: b)
Incorrect
Solution: b)
Question 3 of 5
1 points
Consider the following statements regarding Clean Development Mechanism (CDM).
The Clean Development Mechanism (CDM) is a market-based approach to reducing emissions of the greenhouse gases that contribute to climate change.
A CDM project activity might involve a rural electrification project using solar panels or the installation of more energy-efficient boilers.
The projects registered by India under the CDM is the highest in the world.
Which of the above statements is/are correct?
Correct
Solution: b)
The Clean Development Mechanism (CDM), defined in Article 12 of the Protocol, allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol (Annex B Party) to implement an emission-reduction project in developing countries. Such projects can earn saleable certified emission reduction (CER) credits, each equivalent to one tonne of CO2, which can be counted towards meeting Kyoto targets.
It is the first global, environmental investment and credit scheme of its kind, providing a standardized emission offset instrument, CERs.
A CDM project activity might involve, for example, a rural electrification project using solar panels or the installation of more energy-efficient boilers.
India registered 1,703 projects under the CDM which is the second highest in the world.
Incorrect
Solution: b)
The Clean Development Mechanism (CDM), defined in Article 12 of the Protocol, allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol (Annex B Party) to implement an emission-reduction project in developing countries. Such projects can earn saleable certified emission reduction (CER) credits, each equivalent to one tonne of CO2, which can be counted towards meeting Kyoto targets.
It is the first global, environmental investment and credit scheme of its kind, providing a standardized emission offset instrument, CERs.
A CDM project activity might involve, for example, a rural electrification project using solar panels or the installation of more energy-efficient boilers.
India registered 1,703 projects under the CDM which is the second highest in the world.
Question 4 of 5
1 points
Consider the following statements regarding Paleocene-Eocene Thermal Maximum (PETM) period.
It is estimated that Paleocene-Eocene Thermal Maximum (PETM) period occurred about 56 million years ago.
During this time, the Earth experienced a natural period of global warming triggered by a volcanic eruption.
Several studies have shown that during this period ocean acidification caused mass extinctions in the deep ocean and there were changes in the biota in the surface ocean.
Which of the above statements is/are correct?
Correct
Solution: d)
About 56 million years ago, our Earth experienced a natural period of global warming triggered by a volcanic eruption. This period was known as the Paleocene-Eocene Thermal Maximum (PETM) and there were huge amounts of carbon dioxide released into the atmosphere. This caused about 8°C surface ocean warming in the high latitudes. Several studies have shown that during this period ocean acidification caused mass extinctions in the deep ocean and there were changes in the biota in the surface ocean.
Incorrect
Solution: d)
About 56 million years ago, our Earth experienced a natural period of global warming triggered by a volcanic eruption. This period was known as the Paleocene-Eocene Thermal Maximum (PETM) and there were huge amounts of carbon dioxide released into the atmosphere. This caused about 8°C surface ocean warming in the high latitudes. Several studies have shown that during this period ocean acidification caused mass extinctions in the deep ocean and there were changes in the biota in the surface ocean.
Question 5 of 5
1 points
In budget documents, the term ‘fiscal prudence’ is often mentioned. What does it imply?
Harmonization of monetary and fiscal targets.
Not taking any new government initiative to lower government costs.
Reducing debt to GDP ratio of the country.
Select the correct answer code:
Correct
Solution: d)
In simple words, fiscal prudence is Spending within budget.
For any economy to mature, fiscal prudence is critical. If the government continues to spend way more than its revenues, it will either have to print more currency or borrow from the market to meet the shortfall. Printing currency will fuel inflation and, at times, hyper-inflation.
In a bid to avoid these scenarios and mandate fiscal prudence, the Government of India passed the Fiscal Responsibility and Budget Management (FRBM) Act in 2003. Its objective was to institutionalise fiscal prudence and reduce the country’s fiscal deficit in such a manner that it gradually moves towards balancing the Budget.
Incorrect
Solution: d)
In simple words, fiscal prudence is Spending within budget.
For any economy to mature, fiscal prudence is critical. If the government continues to spend way more than its revenues, it will either have to print more currency or borrow from the market to meet the shortfall. Printing currency will fuel inflation and, at times, hyper-inflation.
In a bid to avoid these scenarios and mandate fiscal prudence, the Government of India passed the Fiscal Responsibility and Budget Management (FRBM) Act in 2003. Its objective was to institutionalise fiscal prudence and reduce the country’s fiscal deficit in such a manner that it gradually moves towards balancing the Budget.
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