[ad_1]
Editorials Quiz 2021-22
Information
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. 🙂
You have already completed the quiz before. Hence you can not start it again.
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
-
Question 1 of 5
Which of the following committees recommended on the appointment of Election Commissioners.
- Justice Tarkunde Committee
- Dinesh Goswami Committee
- Law Commission
- Second Administrative Reforms Commission
Select the correct answer code:
CorrectSolution: d)
In 1975 itself, the Justice Tarkunde Committee recommended that ECs be appointed on the advice of a Committee comprising the Prime Minister, Lok Sabha Opposition Leader and the Chief Justice. This was reiterated by the Dinesh Goswami Committee in 1990 and the Law Commission in 2015. The 4th Report (2007) of the Second Administrative Reforms Commission additionally recommended that the Law Minister and the Deputy Chairman of the Rajya Sabha be included in such a Collegium.
IncorrectSolution: d)
In 1975 itself, the Justice Tarkunde Committee recommended that ECs be appointed on the advice of a Committee comprising the Prime Minister, Lok Sabha Opposition Leader and the Chief Justice. This was reiterated by the Dinesh Goswami Committee in 1990 and the Law Commission in 2015. The 4th Report (2007) of the Second Administrative Reforms Commission additionally recommended that the Law Minister and the Deputy Chairman of the Rajya Sabha be included in such a Collegium.
-
Question 2 of 5
Which of the following are some of the Sustainable Development Goals (SDGs)?
- No poverty
- Zero hunger
- Decent work and economic growth
- Responsible Consumption and Production
- Zero inequality
Select the correct answer code:
CorrectSolution: a)
‘No poverty’ and ‘Zero hunger’ are the first and second SDGs. According to NITI Aayog (2020-21), out of 100 points set for the grade of Achiever, India scored 60 (Performer grade, score 50-64) for no poverty and 47 (Aspirant grade, score 0-49) for zero hunger, with wide State-level variations. India’s score in the SDGs of 8, 9, and 12 (‘Decent work and economic growth’; ‘Industry, Innovation and Infrastructure’ and ‘Responsible Consumption and Production’, respectively) — considered for working out planetary pressure — are 61 (performer), 55 (performer) and 74 (front runner), respectively.
SDG 10 – Reduced inequalities.
IncorrectSolution: a)
‘No poverty’ and ‘Zero hunger’ are the first and second SDGs. According to NITI Aayog (2020-21), out of 100 points set for the grade of Achiever, India scored 60 (Performer grade, score 50-64) for no poverty and 47 (Aspirant grade, score 0-49) for zero hunger, with wide State-level variations. India’s score in the SDGs of 8, 9, and 12 (‘Decent work and economic growth’; ‘Industry, Innovation and Infrastructure’ and ‘Responsible Consumption and Production’, respectively) — considered for working out planetary pressure — are 61 (performer), 55 (performer) and 74 (front runner), respectively.
SDG 10 – Reduced inequalities.
-
Question 3 of 5
Consider the following statements.
- The present GST structure has five tax rates.
- Almost 50% of the consumption items included in the consumer price index are exempted from GST.
- The cess on demerit and luxury items vary upto 96% of the tax rate applicable on those items.
Which of the above statements is/are correct?
CorrectSolution: c)
It is very well acknowledged that the structure of GST requires significant reforms. Notably, almost 50% of the consumption items included in the consumer price index are in the exemption list; broadening the base of the tax requires significant pruning of these items.
The present structure is far too complicated with four main rates (5%, 12%, 18% and 28%). This is in addition to special rates on precious and semi-precious stones and metals and cess on ‘demerit’ and luxury items at rates varying from 15% to 96% of the tax rate applicable.
IncorrectSolution: c)
It is very well acknowledged that the structure of GST requires significant reforms. Notably, almost 50% of the consumption items included in the consumer price index are in the exemption list; broadening the base of the tax requires significant pruning of these items.
The present structure is far too complicated with four main rates (5%, 12%, 18% and 28%). This is in addition to special rates on precious and semi-precious stones and metals and cess on ‘demerit’ and luxury items at rates varying from 15% to 96% of the tax rate applicable.
-
Question 4 of 5
Consider the following statements regarding SARFAESI Act
- The SARFAESI Act empowers banks and other financial institutions to directly auction residential or commercial properties that have been pledged with them to recover loans from borrowers.
- One of the major features of the Act is that it is applicable to unsecured creditors also.
Which of the above statements is/are incorrect?
CorrectSolution: b)
The SARFAESI Act was passed on December 17, 2002, in order to lay down processes to help Indian lenders recover their dues quickly. The SARFAESI Act essentially empowers banks and other financial institutions to directly auction residential or commercial properties that have been pledged with them to recover loans from borrowers. Before this Act took effect, financial institutions had to take recourse to civil suits in the courts to recover their dues, which is a lengthy and time-consuming process.
One of the major drawbacks of the Act is that it is not applicable to unsecured creditors.
This and other drawbacks in the recovery mechanisms were plugged in the Insolvency and Bankruptcy Code, 2016.
IncorrectSolution: b)
The SARFAESI Act was passed on December 17, 2002, in order to lay down processes to help Indian lenders recover their dues quickly. The SARFAESI Act essentially empowers banks and other financial institutions to directly auction residential or commercial properties that have been pledged with them to recover loans from borrowers. Before this Act took effect, financial institutions had to take recourse to civil suits in the courts to recover their dues, which is a lengthy and time-consuming process.
One of the major drawbacks of the Act is that it is not applicable to unsecured creditors.
This and other drawbacks in the recovery mechanisms were plugged in the Insolvency and Bankruptcy Code, 2016.
-
Question 5 of 5
CorrectSolution: c)
- The Suez Canal is an artificial sea-level waterway running north to south across the Isthmus of Suez in Egypt, to connect the Mediterranean Sea and the Red Sea.
- The canal separates the African continent from Asia.
- It provides the shortest maritime route between Europe and the lands lying around the Indian and western Pacific oceans.
IncorrectSolution: c)
- The Suez Canal is an artificial sea-level waterway running north to south across the Isthmus of Suez in Egypt, to connect the Mediterranean Sea and the Red Sea.
- The canal separates the African continent from Asia.
- It provides the shortest maritime route between Europe and the lands lying around the Indian and western Pacific oceans.
Join our Official Telegram Channel HERE for Motivation and Fast Updates
Subscribe to our YouTube Channel HERE to watch Motivational and New analysis videos
[ad_2]