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IASbaba’s Daily Prelims Test/Eco Survey/Current Affairs [Day 14]

  • IASbaba
  • July 1, 2015
  • 72
Economic Survey, IASbaba's Daily Prelims Test, Polity, Prelims 2015, UPSC
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Weekly Plan                                                                                                                  Master Plan

 

IASbaba’s Daily Prelims Test/Eco Survey/Current Affairs [Day 14]

 

IMPORTANT NOTE-  Hope you all are preparing well. From today onwards IASbaba’s Daily Prelims Test (Based on 60 Days Plan- see Master Plan above) will also feature questions based on our Plan for Eco Survey/IYB/Current Affairs ( look at Weekly Plan above).  Solve this religiously. Kindly do not ask for short articles on Eco Survey. Trust us. Its not going to help as much as these question based learning would. Do retrospective study now. IASbaba is taking all hard pain to extract important issues and then present before you the conceptual and analytical aspects from all mentioned sources. You don’t need to read it cover to cover. This is the time to do retrospective study. Solve the questions and go back, learn the concepts if basic links are missing in your preparation. It would suffice  🙂 

Best wishes 

 

TOPICS:

  1. Union Government – Union Executive- prez, VP, PM, COM, Cabinet , Union Legislature – Parliament
  2. Economic Survey- State of Economy and Current Affairs

 

 

PRELIMS MCQ’s:

 

1. Article 266 provides for Public Account of India. With regard to Public Account of India, which of the following statements are correct?

  1. It includes provident funds, savings deposits and loans raised by Government of India
  2. Payments from this account can be made without parliamentary appropriation.
  3. This account is operated by executive action

Select the correct answer using the codes given below.

  1. 1 only
  2. 2 and 3 only
  3. 1, 2 and 3
  4. 1 and 3

 

 

2. Rajya Sabha shares equal status and powers with Lok Sabha in which of the following?

  1. Introduction and passage of financial bills involving expenditure from Consolidated Fund of India
  2. Impeachment of the Vice-President
  3. Impeachment of the President.
  4. Enlargement of Jurisdiction of the SC and UPSC

Select the correct answer using the codes given below.

  1. 1,2 and 3
  2. 1, 2 and 4
  3. 1 and 3 only
  4. 1, 3 and 4

 

 

3. The Xth Schedule of Constitution provides provisions for disqualification of a member of Parliament on the grounds of defection. A member does not incur disqualification in which of the following cases?

  1. A nominated member can join any political party after 6 months.
  2. Speaker of LokSabha voluntarily gives up membership.
  3. member abstains or votes against the direction given by his political party.

Select the correct answer using the codes given below.

  1. 1 and 2
  2. 1, 2 and 3
  3. 1 only
  4. 2 only

 

 

4. Why was the system of proportional representation not preferred by constitution framers for the election of LokSabha ?

  1. It is highly expensive.
  2. It doesn’t give any scope to organize bi-elections.
  3. It doesn’t allow all sections of the society to get representation in proportion to their numbers.
  4. Large proportion of Indians being illiterates during independence.

Choose the reason/s using the codes below.

  1. 1, 2 only.
  2. 1, 3 only.
  3. 1, 2, 4 only.
  4. All the above.

 

 

 

5. With reference to Cabinet Committees, consider the following

  1. They are constitutional bodies
  2. They are set up by the President according to the exigencies of the time and requirements of the situation

Select the correct answer using the codes given below.

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

 

 

 

6. In India Parliament is the supreme legislative and deliberative body. As per the Constitution what part/s constitute/s Parliament?

  1. Lok Sabha.
  2. Rajya Sabha.
  3. The President.
  4. The Vice-President.
  5. The Speaker.

Choose the correct code from the following.

  1. 1, 2 only.
  2. 1, 2, 3 only.
  3. 1, 2, 3, 4 only.
  4. All the above.

 

 

 

7. When a resolution of removal of Vice-President is under consideration, The Vice-President can

  1. Preside over the Upper House ieRajya Sabha.
  2. Can be present in the House and take part in discussions and proceedings.
  3. Can vote in first instance.

Choose the correct code from the following.

  1. 2 only.
  2. 1, 2 only.
  3. 1, 3 only.
  4. None of the above.

 

 

 

8. Under the ‘Rules of LokSabha’ , there is mention on Leader of the House. Consider the statements regarding the Leader of the House with respect to Lok Sabha.

  1. Only Prime Minister can be the Leader of the House in Lok Sabha as he is the head of the Council of Ministers.
  2. A member of Lok Sabha who is not a Minister nominated by Prime Minister.
  3. A minister nominated from either of the House nominated by Prime Minister.
  4. The same functionary in U.S.A is known as the ‘Majority Leader’.

Choose the incorrect statement/s from the following codes.

  1. 1, 3 only.
  2. 1, 4 only.
  3. 2, 4 only.
  4. 1, 2, 3 only.

 

 

 

9. Consider the following statements with respect to territorial constituencies for the purpose of direct elections to Lok Sabha (LS)

  1. Each State is allotted a number of seats in the LS in such a manner that the ratio between that number and its population is the same for all the states of India irrespective of its population.
  2. The ratio between the population of each constituency and the number of seats allotted to it is same throughout the state.

Select the wrong statement-

  1. Only 1
  2. Only 2
  3. Both
  4. None

 

 

10. Consider the following Committees of Parliament

  1. Public Account Committee
  2. Committee on Public Undertakings
  3. Committee on Subordinate Legislation
  4. Estimate Committee

Which of the above committees trace its origin to pre-independence India?

  1. 1, 2, and 4
  2. 2 and 3
  3. 1 and 4
  4. None

 

 

CURRENT AFFAIRS AND ECONOMIC SURVEY

 

11. Growth trend in Indian economy has shown noticeable improvement because of

  1. Decline in oil prices.
  2. Monetary easing.
  3. Policy support from government.
  4. Lowering of unemployment rate.
  5. Strengthening of business sentiments.

Select the correct code

  1. 1, 2, 3 only
  1. 2 only
  1. 1,2,3,5 only
  1. All of the above

 

12. Low level of private investment is a result of

  1. Poor and inadequate banking system
  2. Deficiencies of public private partnership (PPP) model in infrastructure.
  3. Tight monetary policy.
  4. Rationalization of subsidies.

Select the correct code

  1. 1, 2 only
  1. 2 only
  1. 1, 2, 3 only
  1. All of the above

 

13. A decline in the employment elasticity of growth can result into

  1. Disruption of projected growth targets in India.
  2. More competition among youths
  3. Sustainable and inclusive India.

Select the correct code

  1. 1 only
  2. 2 only
  3. 2, 3 only
  4. All of the above

 

 

14. Consider the statements:

  1. Revenue-to-GDP ratio (for the general government) in India is more as compare to emerging Asian economies.
  2. India’s overall revenue (for the general government) is approximately one-fifth of GDP.

Select the correct code

  1. 1, only
  2. 2 only
  3. Both 1 and 2
  4. None

 

 

15. Moderation in oil prices is result of

  1. Weak global demand.
  2. Increase in supply
  3. global monetary and liquidity environment
  4. Sanctions imposed on Russia over Ukraine issue.

Select the correct code

  1. 1, 2 only
  2. 2 only
  3. 1, 2, 3, only
  4. All of the above

 

 

16. Low rural wage growth in India leads to

  1. Lowering of inflation rate.
  2. Further monetary policy easing
  3. Financial repression on liability side in banking sector.

Select the correct code

  1. 1, 2 only
  2. 2 only
  3. 2, 3 only
  4. All of the above

 

 

17. High minimum support for rice and wheat results into

  1. Monoculture
  2. Environmental concerns.
  3. Induce greater price volatility in non-MSP supported crops.
  4. Enhance nutrition availability to poor in general.

Select the correct code

  1. 1, 2, only
  2. 2 only
  3. 1, 2, 3 only
  4. All of the above

 

 

18. Consider the statements:

  1. The profits generated by freight services have cross-subsidized passengers services.
  2. Indian freight rates are deliberately kept low to attract freight traffic from road sector.

Select the correct code

  1. 1, only
  2. 2 only
  3. Both1 and 2
  4. None

 

 

19. Consider the statements:

  1. Financial repression on the asset side has arisen from high inflation in Indian banking system.
  2. Increasing non-performing assets in Indian banking system is one of the results of negative impact of Financial repression on the asset side.

Select the correct code

  1. 1, only
  2. 2 only
  3. Both1 and 2
  4. None

 

 

20. Consider the statements

  1. Public sector banks perform well above private sector banks on average even though they are burdened with social obligation.
  2. Private sector banks have level of professionalism, management skills and better incentives for Employees as compare to public sector banks

Select the correct code

  1. 1, only
  2. 2 only
  3. Both 1 and 2
  4. None

 

 

21. Gender inequality index is a composite measure reflecting inequality in achievement between men and women in three dimensions and that are:

  1. Life expectancy.
  2. Labor market.
  3. Gross enrollment at primary level.

Select the correct code

  1. 1, only
  2. 1, 2 only
  3. 2 only
  4. None

 

 

22. In quest for greater commitment to climatic change initiative, Indian government has taken a slew of steps that includes:

  1. Shifts from a carbon subsidization regime to carbon taxation regime.
  2. Focus on increasing share of hydro-electricity by installing micro-turbine along the perennial rivers.
  3. Increased the coal cess fromRs. 50 per ton to Rs. 75.
  4. Panchayats are advised to meet 5% of energy demand by biogas production in their area to curb emission from burning cow-dung cakes and wood in rural households.

Select the correct code

  1. 1 only
  2. 1, 3 only
  3. 1, 2, 3 only
  4. All of the above.

 

 

 

23. A GM or transgenic crop is a plant that has a novel combination of genetic material obtained through the use of modern biotechnology. Consider the following regarding GM crops

  1. India has the third largest area planted under genetically modified (GM) crops after US and Brazil.
  2. The first generation of GM crops resulted into increased nutritional and/or industrial traits.
  3. The second generation GM crops will feature increased nutritional and/or industrial traits like Rice enriched with iron, vitamin A and E, and lysine and Potatoes with higher starch content, and inulin

Select the correct code

  1. 1 and 2
  2. 2 and 3
  3. Only 1
  4. Only 3

 

 

24. Recently India has successfully launched a ‘Canister-Based’ nuclear capable AGNI-V missile. Consider the following regarding this

  1. An advantage of canister based system is, it can be used for the launch of any missile irrespective of its size.
  2. AGNI-V is the first missile to be tested on Canister based launch system.

Select the correct code-

  1. Only 1
  2. Only 2
  3. Both
  4. None

 

25. Consider the following statements with reference to Multiple Independently targetable Re-entry Vehicle (MIRV)

  1. India possesses MIRV technology along with Russia, USA China, France and Brazil.
  2. It is a ballistic missile payload containing several warheads, each capable of being aimed to hit one of a group of targets.

Select the correct code-

  1. Only 1
  2. Only 2
  3. Both
  4. None

 

 

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