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10 PM Quiz: March 5, 2019
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- Question 1 of 6
1. Question
1 pointsConsider the following statements regarding The Constitution (Twenty-sixth Amendment) Act, 1971
1) It abolished all rights granted to Rulers of Indian States related to privy purse but liabilities in this respect were not abolished
2) It abolished rights of all successors of rulers present at the time of enactment of amendment but not of the rulers.
Select the correct answer using the codes given below
Correct
On and from the commencement of the Constitution (Twenty-sixth Amendment) Act, 1971, privy purse is abolished and all rights, liabilities and obligations in respect of privy purse are extinguished
“Ruler” means the Prince, Chief or other person who, at any time before the commencement of THE CONSTITUTION (Twenty-sixth Amendment) Act, 1971, was recognised by the President as the Ruler of an Indian State or any person who, at any time before such commencement, was recognised by the President as the successor of such Ruler
Incorrect
On and from the commencement of the Constitution (Twenty-sixth Amendment) Act, 1971, privy purse is abolished and all rights, liabilities and obligations in respect of privy purse are extinguished
“Ruler” means the Prince, Chief or other person who, at any time before the commencement of THE CONSTITUTION (Twenty-sixth Amendment) Act, 1971, was recognised by the President as the Ruler of an Indian State or any person who, at any time before such commencement, was recognised by the President as the successor of such Ruler
- Question 2 of 6
2. Question
1 pointsConsider the following statements regarding Corporate Social Responsibility(CSR)
1) A company having turnover of 10,000 crore or more need to spend on corporate social responsibility (CSR).
2) Any Foreign entity operating from India need not to spend on CSR activities.
Which of the statements given above is/are correct?
Correct
- Corporate social responsibility (CSR) was initiated through the Companies Act, 2013.The act mandated companies and government organisations with (a)turnover of Rs1,000 crore or more(b)net worth exceeding Rs 500crore or (c)having more than Rs 5 crore in net profits,to set aside 2 per cent of their average net profits for CSR activities.
- Further as per the CSR Rules, the provisions of CSR are not only applicable to Indian companies, but also applicable to branch and project offices of a foreign company in India.
Incorrect
- Corporate social responsibility (CSR) was initiated through the Companies Act, 2013.The act mandated companies and government organisations with (a)turnover of Rs1,000 crore or more(b)net worth exceeding Rs 500crore or (c)having more than Rs 5 crore in net profits,to set aside 2 per cent of their average net profits for CSR activities.
- Further as per the CSR Rules, the provisions of CSR are not only applicable to Indian companies, but also applicable to branch and project offices of a foreign company in India.
- Question 3 of 6
3. Question
1 pointsWhich of the following is not a member country of UNESCO?
1) USA
2) Israel
3) Palestine
4) Afghanistan
Which of the options given above is/are correct?
Correct
USA and Israel have recently withdrawn their memberships from UNESCO.
Incorrect
USA and Israel have recently withdrawn their memberships from UNESCO.
- Question 4 of 6
4. Question
1 pointsWhich of the following statement best describes the term ‘Share Swap Ratio’ recently seen in the news?
Correct
It is the ratio at which an acquiring company will offer its own shares in exchange for the target company’s shares during a merger or acquisition.
Incorrect
It is the ratio at which an acquiring company will offer its own shares in exchange for the target company’s shares during a merger or acquisition.
- Question 5 of 6
5. Question
1 pointsIf a country’s Purchasing Manager Index (PMI), remains at the 50 mark, it indicates
Correct
The headline PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change. The further from 50 is greater the level of change
Incorrect
The headline PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change. The further from 50 is greater the level of change
- Question 6 of 6
6. Question
1 pointsChang’e 4, recently seen in news is
Correct
Chang’e 4 is a Chinese lunar exploration mission that achieved the first soft landing on the far side of the Moon, on 3 January 2019. A communication relay satellite, Queqiao, was first launched to a halo orbit near the Earth-Moon L₂ point in May 2018.
Incorrect
Chang’e 4 is a Chinese lunar exploration mission that achieved the first soft landing on the far side of the Moon, on 3 January 2019. A communication relay satellite, Queqiao, was first launched to a halo orbit near the Earth-Moon L₂ point in May 2018.
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