IASbaba Daily Prelims Quiz
UPSC Quiz – 2020: IAS Daily Current Affairs Quiz Day 132
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Question 1 of 5
1. Question
Which of the following are the thematic circuits under the ‘Swadesh Darshan Scheme’
- Rural Circuit
- Spiritual Circuit
- Eco Circuit
Select the correct code:
Correct
Solution (c)
Thematic Circuits
- Buddhist circle
- Coastal circle
- Desert circle
- Eco circle
- Heritage circle
- Himalayan circle
- Krishna circle
- North-East circle
- Ramayana circle
- Rural circle
- Spiritual circle
- Sufi circle
- Tirthankar circle
- Tribal circle
- Wildlife circle
Source: https://pib.gov.in/PressReleseDetail.aspx?PRID=1595586
Incorrect
Solution (c)
Thematic Circuits
- Buddhist circle
- Coastal circle
- Desert circle
- Eco circle
- Heritage circle
- Himalayan circle
- Krishna circle
- North-East circle
- Ramayana circle
- Rural circle
- Spiritual circle
- Sufi circle
- Tirthankar circle
- Tribal circle
- Wildlife circle
Source: https://pib.gov.in/PressReleseDetail.aspx?PRID=1595586
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Question 2 of 5
2. Question
Consider the following statements with respect to ‘International Financial Services Centres’
- The first IFSC in India has been set up at the Bandra-Kurla Complex (BKC) in Mumbai.
- The banking, capital markets and insurance sectors in IFSCs are regulated by RBI only.
Select the correct statements
Correct
Solution (d)
The first IFSC in India has been set up at the Gujarat International Finance Tec-City (GIFT City) in Gandhinagar.
The banking, capital markets and insurance sectors in IFSC are regulated by multiple regulators, i.e. RBI, SEBI and IRDAI. But with the passage of International Financial Services Centres Authority Bill, 2019, it will provide for the establishment of an Authority to develop and regulate the financial services market in the International Financial Services Centres in India.
Source: https://indianexpress.com/article/explained/explained-the-bill-to-set-up-a-unified-authority-to-regulate-financial-products-6155664/
Incorrect
Solution (d)
The first IFSC in India has been set up at the Gujarat International Finance Tec-City (GIFT City) in Gandhinagar.
The banking, capital markets and insurance sectors in IFSC are regulated by multiple regulators, i.e. RBI, SEBI and IRDAI. But with the passage of International Financial Services Centres Authority Bill, 2019, it will provide for the establishment of an Authority to develop and regulate the financial services market in the International Financial Services Centres in India.
Source: https://indianexpress.com/article/explained/explained-the-bill-to-set-up-a-unified-authority-to-regulate-financial-products-6155664/
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Question 3 of 5
3. Question
Article 331 of the Constitution of India provides for
Correct
Solution (b)
Representation of the Anglo Indian community in the Hose of the People Notwithstanding anything in Article 81, the President may, if he is of opinion that the Anglo Indian community is not adequately represented in the House of the people, nominate not more than two members of that community to the House of the People.
Source: https://indianexpress.com/article/india/anglo-indians-left-out-as-bill-to-extend-quota-in-legislature-gets-nod-6152837/
Incorrect
Solution (b)
Representation of the Anglo Indian community in the Hose of the People Notwithstanding anything in Article 81, the President may, if he is of opinion that the Anglo Indian community is not adequately represented in the House of the people, nominate not more than two members of that community to the House of the People.
Source: https://indianexpress.com/article/india/anglo-indians-left-out-as-bill-to-extend-quota-in-legislature-gets-nod-6152837/
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Question 4 of 5
4. Question
Consider the following statements with respect to ‘WTO Appellate Body’
- It is a standing body of seven persons that hears appeals from reports issued by panels in disputes brought on by WTO members.
- It was established in 1995 and has its seat in Geneva, Switzerland.
Select the correct statements
Correct
Solution (c)
The Appellate Body was established in 1995 under Article 17 of the Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU). It is a standing body of seven persons that hears appeals from reports issued by panels in disputes brought by WTO Members. The Appellate Body can uphold, modify or reverse the legal findings and conclusions of a panel, and Appellate Body Reports, once adopted by the Dispute Settlement Body (DSB), must be accepted by the parties to the dispute. The Appellate Body has its seat in Geneva, Switzerland.
Source: https://indianexpress.com/article/explained/explained-the-wtos-dispute-settlements-mechanism-is-all-but-dead-this-is-why-india-should-worry-6158502/
Incorrect
Solution (c)
The Appellate Body was established in 1995 under Article 17 of the Understanding on Rules and Procedures Governing the Settlement of Disputes (DSU). It is a standing body of seven persons that hears appeals from reports issued by panels in disputes brought by WTO Members. The Appellate Body can uphold, modify or reverse the legal findings and conclusions of a panel, and Appellate Body Reports, once adopted by the Dispute Settlement Body (DSB), must be accepted by the parties to the dispute. The Appellate Body has its seat in Geneva, Switzerland.
Source: https://indianexpress.com/article/explained/explained-the-wtos-dispute-settlements-mechanism-is-all-but-dead-this-is-why-india-should-worry-6158502/
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Question 5 of 5
5. Question
‘Republic of The Gambia’ is surrounded by
- Senegal
- Guinea
- Guinea-Bissau
Select the correct statements
Correct
Solution (a)
The Gambia, officially the Republic of The Gambia, is a country in West Africa that is almost entirely surrounded by Senegal with the exception of its western coastline along the Atlantic Ocean. It is the smallest country within mainland Africa.
Source: https://indianexpress.com/article/explained/nobel-laureate-aung-san-suu-kyi-icj-hague-defending-myanmar-rohingya-6158564/
Incorrect
Solution (a)
The Gambia, officially the Republic of The Gambia, is a country in West Africa that is almost entirely surrounded by Senegal with the exception of its western coastline along the Atlantic Ocean. It is the smallest country within mainland Africa.
Source: https://indianexpress.com/article/explained/nobel-laureate-aung-san-suu-kyi-icj-hague-defending-myanmar-rohingya-6158564/