PRELIMS DAILY QUIZ WITH EXPLANATIONS.

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Consider the following statements;Which of them are correct?

1. The government has further extended the time limit to deposit the scrapped notes by persons who were abroad during the demonetisation period till march 31.
2. Holding single scrapped notes are punishable with a minimum fine of Rs 10,000.
3. Holding any pieces for study, research or numismatics purpose as criminal offence.

A. 1 only

B. 1 and 2 only

C.1,2 and 3

D.None of the above

[shc_shortcode class=”shc_mybox”]Option A Explanation :The Government of India has officially notified the law that makes holding of more than 10 scrapped notes punishable with a minimum fine of Rs 10,000. The law was signed by President Pranab Mukherjee . It also provides for a minimum fine Rs 50,000 for false declaration by persons who were abroad during the demonetisation period (November 9-December 30, 2016). Besides, a further time limit has been given to deposit such scrapped notes with RBI till March 31. The law makes possession of more than 10 pieces of the old notes by individuals and more than 25 pieces for study, research or numismatics purpose as criminal offence, attracting fine of Rs 10,000 or five times the cash held, whichever is higher[/shc_shortcode]

2. Which among the following statements are incorrect ?.

1. India has signed a financing agreement of USD 63 million(equivalent) with World Bank.
2. aims at Socio-Economic Empowerment of Adolescent Girls and Young Women.
3. This financial agreement is for Project named “Tejaswini.

A. 1 ONLY

B. 1 and 2 only

C.1 & 3 ONLY

D. None of the above

[shc_shortcode class=”shc_mybox”]Option D Explanation :India has signed a financing agreement of USD 63 million(equivalent) with World Bank, in Jharkhand for its Socio-Economic Empowerment of Adolescent Girls and Young Women Project named “Tejaswini”. The World Bank will finance the project through its arm International Development Association (IDA). The project will be valid till June 30, 2021.[/shc_shortcode]

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3.Who has been appointed as the Chairman of the National Commission for Scheduled Tribes (NCST) on February 28, 2017?

A.Nand Kumar Sai
B.Bari Krishna Damor
C.Ravi Thakur
D.Anusuiya Uikey

[shc_shortcode class=”shc_mybox”]Option A Explanation :Nand Kumar Sai, a senior tribal leader from Chhattisgarh and ex-parliamentarian took over as the new Chairman of the National Commission for Scheduled Tribes (NCST) in New Delhi. The 71-year-old Sai succeeds Rameshwar Oraon, whose tenure ended on October 31 2016. Sai would be responsible to protect the rights of the tribal people living in far-flung areas of the country. Shri Sai has been actively involved in spread of education in tribal areas. Nand Kumar Sai has been appointed for a term of three years from the date of assumption of charge.[/shc_shortcode]

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4.The National Tiger Conservation Authority (NTCA) has recently imposed a 5-year ban on BBC. NTCA is the statutory body of which union ministry?

A. Ministry of New and Renewable Energy

B.  Ministry of Water Resources, River Development and Ganga Rejuvenation

C.  Ministry of External Affairs

D. Ministry of Environment, Forests and Climate Change

[shc_shortcode class=”shc_mybox”]Option D Explanation: Recently, the National Tiger Conservation Authority (NTCA) has imposed a 5-year ban on the British Broadcasting Corporation (BBC) and its journalists from filming in all Indian tiger reserves for allegedly misrepresenting facts in a documentary on poaching in the Kaziranga National Park in Assam. The BBC documentary “Killing for Conservation” by its journalist Justin Rowlatt, talks about Kaziranga’s rhino conservation which claims that forest guards have the power to ‘shoot and kill’ poachers. The documentary also criticizes anti-poaching policies in wildlife reserves as affecting the life of tribal people living in the vicinity of the park. The NTCA is a statutory body under the Ministry of Environment, Forests and Climate Change (MoEFCC) constituted under enabling provisions of the Wildlife (Protection) Act, 1972, as amended in 2006, for strengthening tiger conservation. [/shc_shortcode]

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5.Which city hosted the 4th India-CLMV Business Conclave-2017?

A. Pune

B. Chennai

C. Jaipur

D. New Delhi

[shc_shortcode class=”shc_mybox”]Option C Explanation: The 4th edition of India-CLMV (Cambodia, Lao PDR, Myanmar and Vietnam) Business Conclave was held in Jaipur, Rajasthan. It was inaugurated by the Union Minister of Commerce and Industry Nirmala Sitharaman, which was organised by the Department of Commerce and Confederation of Indian Industry (CII). The purpose of the conference was to identify specific project opportunities and seeks business partnerships in the region. The conclave focused on sectors such as Pharma, Healthcare, manufacturing, Agri Business, Food processing, Gems and Jewellery, Textiles, Leather, Renewable Energy and education.[/shc_shortcode]

6. When is the Zero Discrimination Day observed?

A.March 2
B.March 1
C.February 28
D.February 27

[shc_shortcode class=”shc_mybox”]Option B Explanation :The Zero Discrimination Day is observed on March, 01 2017 across the world to combat all forms of discrimination since 2014. This year, UNAIDS is calling on everyone to make some noise for #zerodiscrimination. 2017 Theme : “Make Some Noise For Zero Discrimination” This day is an opportunity to highlight how everyone can be part of the transformation and take a stand for a fair and just society. UNAIDS is urging people to make some noise around zero discrimination, to speak up and prevent discrimination from standing in the way of achieving ambitions, goals and dreams.[/shc_shortcode]

7.What is the theme of the 2017 World Civil Defence Day?

A.Disaster Medicine
B.Civil Defence And The New Information Technologies
C.Together With Civil Defence Against Disasters
D.Civil Defence, Disaster Reduction And Sustainable Development

[shc_shortcode class=”shc_mybox”]Option C Explanation :World Civil Defence Day is celebrated on 1st March every year across the world to commemorates the entry into force of the ICDO Constitution as an intergovernmental organisation in 1972. The day was created by decision of the International Civil Defence Organisation (ICDO) General Assembly in 1990. 2017 Theme: “Together with civil defence against disasters”.[/shc_shortcode]

8.The Securities and Exchange Board of India has announce to further tighten the regulations for which type of trading to prevent its misuse?

A.Spot Trading
B.Investor Trading
C.Algorithmic Trading
D.All the Above

[shc_shortcode class=”shc_mybox”]Option C Explanation :The Securities and Exchange Board of India (SEBI) has planned to further tighten the regulations for algorithmic trading to minimise instances of misuse of such systems. The market watchdog aims to minimize the instances of flash crashes that have happened overseas and also in India a few times. India is one of the very few countries in the world which regulate algorithmic trading popularly called algo trading and have some mechanism for controlling the misuse of algo. Algorithmic trading refers to the use of software programmes to execute complex trading strategies at a much faster speed.[/shc_shortcode]

9.The 2017 International Yoga festival has started in which state?

A. Madhya Pradesh

B. Uttarakhand

C. Jharkhand

D.  Bihar

[shc_shortcode class=”shc_mybox”]Option B Explanation: The 29th edition of the International Yoga festival has started at Parmarth Niketan along the banks of holy Ganges River in Rishikesh, Uttarakhand from March 1, 2017. The week-long event is jointly organised by the AYUSH ministry, Uttarakhand Tourism Development Board, Parmarth Niketan and Garhwal Mandal Vikas Nigam and was inaugurated by the Governor of Uttarakhand K K Paul. Nearly 70 saints, yogacharyas, presenters and experts from more than 20 countries around the world are participating this year at the festival.[/shc_shortcode]

10.Which state government has made Sanskrit compulsory up to class VIII in all classes?

A. Tamil Nadu

B. Assam

C. Manipur

D. Kerala

[shc_shortcode class=”shc_mybox”]Option B Explanation: The Assam government has made Sanskrit education compulsory in all state board schools till Class VIII. Apart from making Sanskrit mandatory, the cabinet also created a post to monitor cleanliness in government-run schools under Swachh Bharat Abhiyan. Assam government has also decided to appoint a computer teacher in all high schools to provide students access to computer education.[/shc_shortcode]