[MISSION 2022] INSIGHTS CURRENT AFFAIRS ( 11 December 2021 ) REVISION THROUGH MCQS – INSIGHTSIAS

Ans: (b)

Explanation:

• S1: Constitutional Provisions:
  • Under Article 82,the Parliament enacts a Delimitation Act after every Census.
  • Under Article 170,States also get divided into territorial constituencies as per Delimitation Act after every Census.
• S2: The Delimitation Commission in India is a high power body whose orders have the force of law and cannot be called in question before any court. These orders come into force on a date to be specified by the President of India in this behalf. The copies of its orders are laid before the House of the People and the State Legislative Assembly concerned, but no modifications are permissible therein by them.

Refer: https://www.insightsonindia.com/2021/12/13/delimitation-panel/

Ans: (c)

Explanation:

• S1: The S-400 Triumf is a mobile, surface-to-air missile system (SAM) designed by Russia.
• S2: The system can engage all types of aerial targets including aircraft, unmanned aerial vehicles (UAV) and ballistic and cruise missiles within the range of 400km, at an altitude of up to 30km.
• S3: The system can track 100 airborne targets and engage six of them simultaneously.

Refer: https://www.insightsonindia.com/2021/12/13/s-400-and-caatsa/

Ans: (b)

Explanation:

• S1: The G7, originally G8, was set up in 1975 as an informal forum bringing together the leaders of the world’s leading industrial nations.

• S2: Its members are the world’s largest IMF advanced economies and wealthiest liberal democracies; the group is officially organized around shared values of pluralism and representative government.
• S3: The G7 is not based on a treaty and has no permanent secretariat or office; its presidency rotates annually among the member states, with the presiding nation setting the group’s priorities, and hosting and organizing its summit.

Refer: https://www.insightsonindia.com/2021/12/13/g7/

Ans: (a)

Explanation:

• S1: Who is a Private Member?
  • Any MP who is not a Minister is referred to as a private member.
• S2: The Constitutional Amendment Bill can be introduced either by a minister or by a private member and does not require prior permission of the president. A private member here means an MP who does not belong to the ruling party.
• S3: As per PRS Legislative, no private member’s Bill has been passed by Parliament since 1970. To date, Parliament has passed 14 such Bills, six of them in 1956. In the 14th Lok Sabha, of the over 300 private member’s Bills introduced, roughly four per cent were discussed, the remaining 96 per cent lapsed without a single dialogue.

Refer: https://www.insightsonindia.com/2021/12/13/minimum-support-price-msp-3/

Ans: (a)

Explanation:

• The MSP is the rate at which the government purchases crops from farmers, and is based on a calculation of at least one-and-a-half times the cost of production incurred by the farmers.
• The Union Budget for 2018-19 had announced that MSP would be kept at levels of 1.5 the cost of production.
• The MSP is fixed twice a year on the recommendations of the Commission for Agricultural Costs and Prices (CACP), which is a statutory body and submits separate reports recommending prices for kharif and rabi seasons.

Refer: https://www.insightsonindia.com/2021/12/13/minimum-support-price-msp-3/

Ans: (d)

Explanation:

• The Commission for Agricultural Costs & Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare, Government of India. It came into existence in January 1965. Currently, the Commission comprises a Chairman, Member Secretary, one Member (Official) and two Members (Non-Official).
• It is mandated to recommend minimum support prices (MSPs) to incentivize the cultivators to adopt modern technology, and raise productivity and overall grain production in line with the emerging demand patterns in the country.

Refer: https://www.insightsonindia.com/2021/12/13/minimum-support-price-msp-3/

Ans: (c)

Explanation: here the directive word is incorrect!!

• S1: It is a fully owned subsidiary of and is governed by the RBI.
• S2: It serves as a deposit insurance and credit guarantee for banks in India.
• S3: DICGC insures all bank deposits, such as saving, fixed, current, recurring, etc. except the following types of deposits:
  • Deposits of foreign Governments.
  • Deposits of Central/State Governments.
  • Inter-bank deposits.
  • Deposits of the State Land Development Banks with the State co-operative banks.
  • Any amount due on account of any deposit received outside India.
  • Any amount which has been specifically exempted by the corporation with the previous approval of the RBI.

Refer: https://www.insightsonindia.com/2021/12/13/bank-deposit-insurance-programme/

Ans: (d)

Explanation:

• Foreigners’ Tribunals are quasi-judicial bodiesestablished as per the Foreigners’ Tribunal Order, 1964 and the Foreigners’ Act, 1946.
• Composition: Advocates not below the age of 35 years of age with at least 7 years of practice (or) Retired Judicial Officers from the Assam Judicial Service (or) Retired IAS of ACS Officers (not below the rank of Secretary/Addl. Secretary) having experience in quasi-judicial works.
• Who can setup these tribunals?
  • The Ministry of Home Affairs (MHA)has amended the Foreigners (Tribunals) Order, 1964, and has empowered district magistrates in all States and Union Territories to set up tribunals (quasi-judicial bodies) to decide whether a person staying illegally in India is a foreigner or not.
  • Earlier, the powers to constitute tribunals were vested only with the Centre.

Refer: facts for prelims: https://www.insightsonindia.com/2021/12/13/mission-2022-insights-daily-current-affairs-pib-summary-13-december-2021-2/