[MISSION 2022] INSIGHTS CURRENT AFFAIRS ( 9 March 2022 ) REVISION THROUGH MCQS – INSIGHTSIAS

Ans: (d)

Explanation: What is Pal – Dadhvav massacre?

• Took place onMarch 7, 1922, in the Pal-Chitariya and Dadhvaav villages of Sabarkantha district, then part of Idar state (present-day Gujarat).
• Villagers from Pal, Dadhvav, and Chitariya had gathered on the banks of river Heir as part of the ‘Eki movement’,led by one Motilal Tejawat.
• The movement was to protest against the land revenue tax (lagaan) imposed on the peasants by the British and feudal lords.
• British Paramilitary forcewas on hunt for Tehawat. It heard of this gathering and reached the spot.
• Nearly 200 bhils under the leadership of Tehawat lifted their bows and arrows. But, the Britishers opened fire on them. Nearly 1,000 tribals (Bhils) fell to bullets.
• Tejwat, however, escaped and later “returned to the spot to christen it ‘Veerbhumi’.”

Refer: https://www.insightsonindia.com/2022/03/09/pal-dadhvav-massacre/

Ans: (a)

Explanation:

• The VVPAT machine gives instant feedback to the voter, through a printed slip. Essentially, after a voter presses the button confirming their vote for their chosen candidate or NOTA, the VVPAT machine prints a slip containing the name of the candidate and the corresponding election symbol and automatically drops it in a sealed box.
• The VVPAT is placed in a transparent glass case, allowing the voter to see the vote.
  • The voter slip is then displayed to the voter for about seven seconds. Then it is dropped in the storage box and a beep confirms this action.
  • The VVPAT can be accessed by the polling officials, but not by the voters.

Refer: https://www.insightsonindia.com/2022/03/09/supreme-court-declines-urgent-hearing-on-vvpat/

Ans: (a)

Explanation:

• India is the world’s biggest vegetable oil importer.
• India imports about 60% of its edible oil needs, leaving the country’s retail prices vulnerable to international pressures.
• It imports palm oil from Indonesia and Malaysia, soyoil from Brazil and Argentina, and sunflower oil, mainly from Russia and Ukraine.

Refer: https://www.insightsonindia.com/2022/03/09/edible-oil-prices-3/

Ans: (b)

Explanation:

• The IT Rules2021 seek to address cyber security concerns of the citizens without infringing on their privacy and personal liberties, while maintaining digital sovereignty at the same time.
• These new rules broadly deal with the regulation of social media and over-the-top (OTT) platforms and digital news.
• These rules seek to provide compliance of law and a grievance redressal mechanism for users of social media platforms, messaging applications, streaming services as also digital news publishers.
• It is administered by the Information & Broadcasting (I&B) Ministry Ministry.

Refer: https://www.insightsonindia.com/2022/03/09/the-code-of-ethics-and-procedure-and-safeguards-in-relation-to-the-digital-media/

Ans: (d)

Explanation:

• S1: India was the one of the first countries to introduce a 6 per cent equalisation levy in 2016,but the levy was restricted to online advertisement services.
  • However, India introduced the digital tax in April 2020for foreign companies selling goods and services online to customers in India and showing annual revenues more than INR 20 million.
• S2: Equalization Levy is a direct tax, which is withheld at the time of payment by the service recipient. The two conditions to be met to be liable to the levy:
  • The payment should be made to a non-resident service provider;
  • The annual payment made to one service provider exceeds Rs. 1,00,000 in one financial year.

Refer: https://www.insightsonindia.com/2022/03/09/equalisation-levy/

Ans: (d)

Explanation:

• SVEP is a sub-scheme of the Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY-NRLM), Ministry of Rural Development and has been implemented since 2016.
• Focus of the scheme: Providing self-employment opportunities with financial assistance and training in business management and soft skills while creating local community cadres for promotion of enterprises.
• Entrepreneurship Development Institute of India (EDII), Ahmedabad is the technical support partner of SVEP.
• SVEP promotes both individual and group enterprises, set-up and promote enterprises majorly on manufacturing, trading and service sectors.

Refer: facts for prelims: https://www.insightsonindia.com/2022/03/09/mission-2022-insights-daily-current-affairs-pib-summary-09-march-2022/

Ans: (d)

Explanation: here the directive word is not correct!

• Abu’l Hasan Yamīn ud-Dīn Khusrau (1253–1325 AD), better known as Amīr Khusrau was an Indo-Persian Sufi singer, musician, poet and scholar who lived under the Delhi Sultanate.
• He is an iconic figure in the cultural history of the Indian subcontinent. He was a mystic and a spiritual disciple of Nizamuddin Auliya of Delhi, India.
• He wrote poetry primarily in Persian, but also in Hindavi. A vocabulary in verse, the Ḳhāliq Bārī, containing Arabic, Persian and Hindavi terms is often attributed to him.
• Khusrau is sometimes referred to as the “voice of India” or “Parrot of India” (Tuti-e-Hind), and has been called the “father of Urdu literature.”
• He is regarded as the “father of qawwali” (a devotional form of singing of the Sufis in the Indian subcontinent), and introduced the ghazal style of song into India, both of which still exist widely in India and Pakistan.

Refer: https://insightsonindia.com/wp-content/uploads/2013/08/theme-in-indian-history-ii.pdf

Ans: (d)

Explanation:

• The constitution says that no money can be withdrawn by the government from the Consolidated Fund of India except under appropriation made by law. For that an appropriation bill is passed during the Budget process. However, the appropriation bill may take time to pass through the Parliament and become a law. Meanwhile, the government would need permission to spend even a single penny from April 1 when the new financial year starts. Vote on account is the permission to withdraw money from the Consolidated Fund of India in that period, usually two months. Vote on account is a formality and requires no debate. When elections are scheduled a few months into the new financial year, the government seeks vote on account for four months. Essentially, vote on account is the interim permission of the parliament to the government to spend money.
• So vote on account is just an interim permission to spend money as against a full Budget which is an elaborate financial statement of expenditure and receipts including changes in taxes and government policies. It is passed (or granted) after the general discussion on budget is over. In the election year when the elections are scheduled a few months into the new financial year, the government prefers to seek a vote on account instead of presenting a full Budget because if the government changes after elections it is not fair to deny it the right to design it.
• A vote-on-account only deals with the expenditure side of the government’s budget while an Interim Budget is a complete set of accounts, including both expenditure and receipts, akin to a full budget.

Refer: https://www.insightsonindia.com/2021/03/20/supplementary-demand-for-grants/

Ans: (a)

Explanation:

• The insurance industry of India has 57 insurance companies 24 are in the life insurance business, while 33 are non-life insurers. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sector company. There are six public sector insurers in the non-life insurance segment. In addition to these, there is a sole national re-insurer, namely General Insurance Corporation of India (GIC Re). Other stakeholders in the Indian Insurance market include agents (individual and corporate), brokers, surveyors and third-party administrators servicing health insurance claims. More>>
• According to the economic survey, insurance penetration in India increased to 3.76 per cent in 2019 from the 2.71 per cent in 2001. However, it was much lower than Malaysia, Thailand, and China’s, which clocked 4.72, 4.99 and 4.30 per cent, respectively in 2019.

Refer: https://www.insightsonindia.com/2021/03/20/insurance-amendment-bill-2021/