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10 PM Quiz: December 14
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- Question 1 of 6
1. Question
1 pointsWith reference to “The Benami Transactions (Prohibition) Amendment Act, 2016, recently in news, which of the following statement is/are correct?
- The law provides for up to seven years’ imprisonment and fine for those indulging in such transactions.
- As per the Act, properties held benami are liable for confiscation by the government, without payment of compensation.
- An appellate mechanism has been provided under the act, in the form of an adjudicating authority and appellate tribunal.
Select the correct answer using the code given below.
Correct
Statement 1 is correct. The law provides for up to seven years’ imprisonment and fine for those indulging in such transactions.
Statement 2 is correct. As per the Act, properties held benami are liable for confiscation by the government, without payment of compensation.
Statement 3 is correct. An appellate mechanism has been provided under the act, in the form of an adjudicating authority and appellate tribunal.
Incorrect
Statement 1 is correct. The law provides for up to seven years’ imprisonment and fine for those indulging in such transactions.
Statement 2 is correct. As per the Act, properties held benami are liable for confiscation by the government, without payment of compensation.
Statement 3 is correct. An appellate mechanism has been provided under the act, in the form of an adjudicating authority and appellate tribunal.
- Question 2 of 6
2. Question
1 pointsWith reference to “UNWTO”, recently in news, which of the following statement is/are correct?
- It is a leading international organization in the field of tourism.
- Its latest conference recently held in Muscat, Sultanate of Oman.
Select the correct answer using the code given below.
Correct
Statement 1 is correct. It is a leading international organization in the field of tourism. The World Tourism Organization (UNWTO) is the United Nations agency responsible for the promotion of responsible, sustainable and universally accessible tourism.
Statement 2 is correct: The Second UNWTO/UNESCO World Conference on Tourism and Culture is being held in Muscat, Sultanate of Oman.
Incorrect
Statement 1 is correct. It is a leading international organization in the field of tourism. The World Tourism Organization (UNWTO) is the United Nations agency responsible for the promotion of responsible, sustainable and universally accessible tourism.
Statement 2 is correct: The Second UNWTO/UNESCO World Conference on Tourism and Culture is being held in Muscat, Sultanate of Oman.
- Question 3 of 6
3. Question
1 pointsWith reference to “FAME India”, recently in news, which of the following statement is/are correct?
- The main objective of this scheme is to promote eco-friendly vehicles
- This is a part of the National Electric Mobility Mission Plan.
- It is being administered by Ministry of Heavy Industries.
Select the correct answer using the code given below.
Correct
Statement 1 is correct. The main objective of this scheme is to promote eco-friendly vehicles. FAME India – Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India – is a part of the National Electric Mobility Mission Plan.
Statement 2 is correct. Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India – is a part of the National Electric Mobility Mission Plan. With an aim to promote eco-friendly vehicles, the government had launched the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-India) scheme in 2015.
Statement 3 is correct. The scheme envisages Rs 795 crore support in the first two fiscals starting with the current year. It is being administered by the Heavy Industries Ministry.
Incorrect
Statement 1 is correct. The main objective of this scheme is to promote eco-friendly vehicles. FAME India – Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India – is a part of the National Electric Mobility Mission Plan.
Statement 2 is correct. Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India – is a part of the National Electric Mobility Mission Plan. With an aim to promote eco-friendly vehicles, the government had launched the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-India) scheme in 2015.
Statement 3 is correct. The scheme envisages Rs 795 crore support in the first two fiscals starting with the current year. It is being administered by the Heavy Industries Ministry.
- Question 4 of 6
4. Question
1 pointsWith reference to layers of earth, consider the following statements:
1.The crust is made of the lightest materials and the core consists of heaviest metals.
2.The movement of the mantle is the reason that the plates of the Earth move.
Which of the following statement(s) is/are correct?
Correct
The Earth is composed of four different layers. Many geologists believe that as the Earth cooled the heavier, denser materials sank to the center and the lighter materials rose to the top. Because of this, the crust is made of the lightest materials and the core consists of heavy metals. Thus, statement 1 is correct.
The mantle is the layer located directly under the sima. It is the largest layer of the Earth, 1800 miles thick. The mantle is composed of very hot, dense rock. This layer of rock even flows like asphalt under a heavy weight. This flow is due to great temperature differences from the bottom to the top of the mantle. The movement of the mantle is the reason that the plates of the Earth move. Thus, statement 2 is correct.
Incorrect
The Earth is composed of four different layers. Many geologists believe that as the Earth cooled the heavier, denser materials sank to the center and the lighter materials rose to the top. Because of this, the crust is made of the lightest materials and the core consists of heavy metals. Thus, statement 1 is correct.
The mantle is the layer located directly under the sima. It is the largest layer of the Earth, 1800 miles thick. The mantle is composed of very hot, dense rock. This layer of rock even flows like asphalt under a heavy weight. This flow is due to great temperature differences from the bottom to the top of the mantle. The movement of the mantle is the reason that the plates of the Earth move. Thus, statement 2 is correct.
- Question 5 of 6
5. Question
1 pointsWith reference to earth’s lithosphere, consider the following statements:
- It is includes the crust and the uppermost mantle.
- Oceanic lithosphere is thinner compared to continental crust
Which of the following statement(s) is/are incorrect?
Correct
Earth’s lithosphere includes the crust and the uppermost mantle, which constitute the hard and rigid outer layer of the Earth. Thus, statement 1 is correct.
Oceanic lithosphere is typically about 50–100 km thick. Continental lithosphere has a range in thickness from about 40 km to perhaps 200 km, of which about 40 km is crust. Thus, statement 2 is correct
Incorrect
Earth’s lithosphere includes the crust and the uppermost mantle, which constitute the hard and rigid outer layer of the Earth. Thus, statement 1 is correct.
Oceanic lithosphere is typically about 50–100 km thick. Continental lithosphere has a range in thickness from about 40 km to perhaps 200 km, of which about 40 km is crust. Thus, statement 2 is correct
- Question 6 of 6
6. Question
1 pointsWith reference to scope of audits by CAG of India, consider the following statements:
1.Empowered to audit all expenditure from the Consolidated Fund of the union government.
2.CAG is empowered to perform Performance and compliance audits of various functions and departments of the government.
Which of the following statement(s) is/are correct?
Correct
Audit of government accounts (including the accounts of the state governments) in India is entrusted to the CAG of India who is empowered to audit all expenditure from the Consolidated Fund of the union or state governments, whether incurred within India or outside, all revenue into the Consolidated Funds and all transactions relating to the Public Accounts and the Contingency Funds of the Union and the states. Thus, statement 1 is correct.
In addition, the CAG also executes performance and compliance audits of various functions and departments of the government. Thus, statement 2 is correct
Incorrect
Audit of government accounts (including the accounts of the state governments) in India is entrusted to the CAG of India who is empowered to audit all expenditure from the Consolidated Fund of the union or state governments, whether incurred within India or outside, all revenue into the Consolidated Funds and all transactions relating to the Public Accounts and the Contingency Funds of the Union and the states. Thus, statement 1 is correct.
In addition, the CAG also executes performance and compliance audits of various functions and departments of the government. Thus, statement 2 is correct
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