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We are posting today’s 10pm Current Affairs Quiz
Daily Quiz: June 4 2021
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- Question 1 of 10
1. Question
1 pointsCategory: current affairsRight to Freedom of Speech and Expression includes which of the following?
- Freedom of silence
- Right to picket & strike
- Freedom of commercial advertisement
Select the correct answer from the codes given below:
Correct
- Article 19 guarantees to all citizens the following six rights:
- to freedom of speech and expression;
- to assemble peaceably and without arms;
- to form associations or unions;
- to move freely throughout the territory of India;
- to reside and settle in any part of the territory of India
- to practise any profession, or to carry on any occupation, trade or business
- As per Supreme Court of India, Right to freedom of speech and expression includes the following rights
- Right to propagate one’s views as well as views of others
- Freedom of press
- Freedom of commercial advertisement
- Right against tapping of telephonic conversation
- Right to telecast, that is, government has no monopoly over electronic media
- Right against bandh called by a political party or organization
- Right to know about government activities
Source: Article
Incorrect
- Article 19 guarantees to all citizens the following six rights:
- to freedom of speech and expression;
- to assemble peaceably and without arms;
- to form associations or unions;
- to move freely throughout the territory of India;
- to reside and settle in any part of the territory of India
- to practise any profession, or to carry on any occupation, trade or business
- As per Supreme Court of India, Right to freedom of speech and expression includes the following rights
- Right to propagate one’s views as well as views of others
- Freedom of press
- Freedom of commercial advertisement
- Right against tapping of telephonic conversation
- Right to telecast, that is, government has no monopoly over electronic media
- Right against bandh called by a political party or organization
- Right to know about government activities
Source: Article
- Question 2 of 10
2. Question
1 pointsCategory: current affairsConsider the following statements regarding Central Vigilance Commission (CVC):
- It was set up on the recommendation of Santhanam Committee
- CVC functions under the administrative control of Ministry of Home Affairs
Which of the above statements is/are correct?
Correct
- Statement 1 is correct: The Central Vigilance Commission was set up by the Government in February,1964 on the recommendations of the Committee on Prevention of Corruption, headed by Shri K. Santhanam, to advise and guide Central Government agencies in the field of vigilance.
- Statement 2 is incorrect: The CVC is not controlled by any Ministry/Department. It is an independent body which is only responsible for the Parliament.
Source: Article
Incorrect
- Statement 1 is correct: The Central Vigilance Commission was set up by the Government in February,1964 on the recommendations of the Committee on Prevention of Corruption, headed by Shri K. Santhanam, to advise and guide Central Government agencies in the field of vigilance.
- Statement 2 is incorrect: The CVC is not controlled by any Ministry/Department. It is an independent body which is only responsible for the Parliament.
Source: Article
- Question 3 of 10
3. Question
1 pointsCategory: current affairsGini co-efficient often seen in news is related to:
- Question 4 of 10
4. Question
1 pointsCategory: current affairsConsider the following statements regarding Black Carbon (BC):
- It is the most solar energy-absorbing component of particulate matter.
- Black carbon over highly reflective surfaces, like snow, may cause a significant positive radiative forcing.
Which of the above statements is/are correct?
Correct
- Statement 1 is correct: Formed by the incomplete burning of fossil fuels, biofuels and biomass, black carbon, has a diameter of less than 2½ microns (PM2. 5). A major constituent of soot, black carbon is the most solar energy-absorbing component of particulate matter and can absorb one million times more energy than CO2.
- Statement 2 is correct: Energy is constantly flowing into the atmosphere in the form of sunlight that always shines on half of the Earth’s surface. Some of this sunlight (about 30 percent) is reflected back to space and the rest is absorbed by the planet
- Radiative forcing is the difference b/w this incoming and the outgoing radiation. More the difference, more is the heating of the earth.
- Snow reflects the radiation while Black carbon absorbs it. Absorption results in heating effect leading to a positive radiative forcing. (Negative radiative forcing means earth is cooling down)
Incorrect
- Statement 1 is correct: Formed by the incomplete burning of fossil fuels, biofuels and biomass, black carbon, has a diameter of less than 2½ microns (PM2. 5). A major constituent of soot, black carbon is the most solar energy-absorbing component of particulate matter and can absorb one million times more energy than CO2.
- Statement 2 is correct: Energy is constantly flowing into the atmosphere in the form of sunlight that always shines on half of the Earth’s surface. Some of this sunlight (about 30 percent) is reflected back to space and the rest is absorbed by the planet
- Radiative forcing is the difference b/w this incoming and the outgoing radiation. More the difference, more is the heating of the earth.
- Snow reflects the radiation while Black carbon absorbs it. Absorption results in heating effect leading to a positive radiative forcing. (Negative radiative forcing means earth is cooling down)
- Question 5 of 10
5. Question
1 pointsCategory: current affairsWhat does the Kedarnath judgement case (1962) relate to?
Correct
- In a landmark verdict in 1962 in Kedarnath case, a Constitution Bench of the top court upheld the validity of section 124A (sedition) of the IPC, but also attempted to restrict the colonial-era law’s scope for misuse by trying to demarcate the difference between which acts amounted to sedition and which ones did not.
- Read more in this article
Source: Article
Incorrect
- In a landmark verdict in 1962 in Kedarnath case, a Constitution Bench of the top court upheld the validity of section 124A (sedition) of the IPC, but also attempted to restrict the colonial-era law’s scope for misuse by trying to demarcate the difference between which acts amounted to sedition and which ones did not.
- Read more in this article
Source: Article
- Question 6 of 10
6. Question
1 pointsCategory: current affairsConsider the following statements regarding Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)
- The scheme aims to provide skilled work for at least 100 days in a financial year.
- Gram Panchayat is mandated to provide employment within 15 days of work application
- If Gram Panchayat failed to provide job, then worker is entitled to unemployment allowance
Select the correct answer using the code given below:
Correct
MGNREG Scheme:
- MGNREGS is one of the largest work guarantee programmes in the world.
- Launched in: The scheme was initially launched in the 200 most backward rural districts of the country in 2006-07. The scheme was later extended to the entire country from 2008-09 onward.
- Under the scheme, every rural household whose adult member volunteers to do unskilled manual work is entitled to get at least 100 days of wage employment in a financial year.
- Implementation: Ministry of Rural Development (MRD), Government of India in association with state governments monitors the implementation of the scheme.
Key Features of the scheme:
- Demand-driven scheme: Worker to be hired when he demands and not when the Government wants it.
- Gram Panchayat is mandated to provide employment within 15 days of work application failing which worker is entitled to unemployment allowance
Read more: MGNREGA
Incorrect
MGNREG Scheme:
- MGNREGS is one of the largest work guarantee programmes in the world.
- Launched in: The scheme was initially launched in the 200 most backward rural districts of the country in 2006-07. The scheme was later extended to the entire country from 2008-09 onward.
- Under the scheme, every rural household whose adult member volunteers to do unskilled manual work is entitled to get at least 100 days of wage employment in a financial year.
- Implementation: Ministry of Rural Development (MRD), Government of India in association with state governments monitors the implementation of the scheme.
Key Features of the scheme:
- Demand-driven scheme: Worker to be hired when he demands and not when the Government wants it.
- Gram Panchayat is mandated to provide employment within 15 days of work application failing which worker is entitled to unemployment allowance
Read more: MGNREGA
- Question 7 of 10
7. Question
1 pointsCategory: current affairsWhich of the following is/are defense exercise(s) involving India and Bangladesh?
- Sampriti
- Ajeya Warrior
- ShantirOgrosena
Select the correct answer using the code given below:
Correct
Exercise AJEYA WARRIOR with United Kingdom is an important exercise in terms of the security challenges faced by both the nations in the realm of changing facets of global terrorism. The exercise is conducted alternatively in United Kingdom and India.
SAMPRITI is a series of the joint exercise between India and Bangladesh, it is a very important military & diplomatic initiative between both countries.
Multinational Military Exercise SHANTIR OGROSHENA 2021 (Front Runner of the Peace) was recently held at Bangladesh to commemorate the birth centenary of Bangladesh ‘Father of the Nation’ Bangabandhu Sheikh Mujibur Rahman and mark glorious 50 years of liberation. India, Bhutan and Sri Lanka were the participating countries along with observers from the U.S., the U.K., Russia, Turkey, Saudi Arabia, Kuwait and Singapore.
Incorrect
Exercise AJEYA WARRIOR with United Kingdom is an important exercise in terms of the security challenges faced by both the nations in the realm of changing facets of global terrorism. The exercise is conducted alternatively in United Kingdom and India.
SAMPRITI is a series of the joint exercise between India and Bangladesh, it is a very important military & diplomatic initiative between both countries.
Multinational Military Exercise SHANTIR OGROSHENA 2021 (Front Runner of the Peace) was recently held at Bangladesh to commemorate the birth centenary of Bangladesh ‘Father of the Nation’ Bangabandhu Sheikh Mujibur Rahman and mark glorious 50 years of liberation. India, Bhutan and Sri Lanka were the participating countries along with observers from the U.S., the U.K., Russia, Turkey, Saudi Arabia, Kuwait and Singapore.
- Question 8 of 10
8. Question
1 pointsCategory: current affairsConsider the following statements regarding base erosion and profit shifting?
- It refers to tax planning strategies used by multinational enterprises that exploit gaps and mismatches in tax rules.
- The developing suffer disproportionately due to BEPS.
Which of the statements given above is/are correct?
Correct
Base erosion and profit shifting (BEPS) refers to tax planning strategies used by multinational enterprises that exploit gaps and mismatches in tax rules to avoid paying tax. Developing countries’ higher reliance on corporate income tax means they suffer from BEPS disproportionately.
BEPS practices cost countries USD 100-240 billion in lost revenue annually. Working together within OECD/G20 Inclusive Framework on BEPS, over 135 countries and jurisdictions are collaborating on the implementation of 15 measures to tackle tax avoidance, improve the coherence of international tax rules and ensure a more transparent tax environment.
Source: The Hindu
Incorrect
Base erosion and profit shifting (BEPS) refers to tax planning strategies used by multinational enterprises that exploit gaps and mismatches in tax rules to avoid paying tax. Developing countries’ higher reliance on corporate income tax means they suffer from BEPS disproportionately.
BEPS practices cost countries USD 100-240 billion in lost revenue annually. Working together within OECD/G20 Inclusive Framework on BEPS, over 135 countries and jurisdictions are collaborating on the implementation of 15 measures to tackle tax avoidance, improve the coherence of international tax rules and ensure a more transparent tax environment.
Source: The Hindu
- Question 9 of 10
9. Question
1 pointsCategory: current affairsConsider the following regarding to Foreign Direct Investments.
- Reinvested earning of an FDI holder is not considered as an FDI.
- Intra-company debt transactions between direct investors and affiliate enterprises are considered as FDI.
Which of the statements given above is/are correct?
Correct
FDI is the category of international investment. It reflects the objective of obtaining a lasting interest from a resident entity in one economy to an enterprise in another economy.
FDI consists of three components:
- Equity capital: It is the FDI purchase of shares of an enterprise in a country other than its own.
- Reinvested earnings: It comprises the direct investors’ share (in proportion to direct equity participation) of earnings not distributed. Such retained profits by affiliates are reinvested.
- Note: The earnings of the share are distributed to the investor in the form of dividends by affiliates, or earnings not remitted.
- Intra-company loans or intra-company debt transactions: It refers to short- or long-term borrowing and lending of funds between direct investors (or enterprises) and affiliate enterprises.
Incorrect
FDI is the category of international investment. It reflects the objective of obtaining a lasting interest from a resident entity in one economy to an enterprise in another economy.
FDI consists of three components:
- Equity capital: It is the FDI purchase of shares of an enterprise in a country other than its own.
- Reinvested earnings: It comprises the direct investors’ share (in proportion to direct equity participation) of earnings not distributed. Such retained profits by affiliates are reinvested.
- Note: The earnings of the share are distributed to the investor in the form of dividends by affiliates, or earnings not remitted.
- Intra-company loans or intra-company debt transactions: It refers to short- or long-term borrowing and lending of funds between direct investors (or enterprises) and affiliate enterprises.
- Question 10 of 10
10. Question
1 pointsCategory: current affairsConsider the following statements regarding the mRNA vaccines:
- It puts a weakened or inactivated germ into human bodies.
- It delivers the instructions for cells on how to make a protein to trigger an immune response inside the body.
Which of the statements given above is/are correct?
Correct
The traditional vaccines consist of either killed or weakened forms of a virus or bacterium. These provoke an immune response that allows the body to fight off the actual pathogen later on.
RNA vaccines deliver genetic information that allows the body’s own cells to produce a viral protein. Synthetic mRNA that encodes a viral protein can borrow this machinery to produce many copies of the protein. These proteins stimulate the immune system to mount a response, without posing any risk of infection.
# COVID-19 mRNA vaccines give instructions for cells to make spike protein, that is found on the surface of the virus that causes COVID-19.
# The Council of Scientific and Industrial Research and Bharat Biotech International are looking at bringing the messenger RNA platform to India after seeing its successful use in quick development of covid-19 vaccines by US-based Pfizer and Moderna.
Incorrect
The traditional vaccines consist of either killed or weakened forms of a virus or bacterium. These provoke an immune response that allows the body to fight off the actual pathogen later on.
RNA vaccines deliver genetic information that allows the body’s own cells to produce a viral protein. Synthetic mRNA that encodes a viral protein can borrow this machinery to produce many copies of the protein. These proteins stimulate the immune system to mount a response, without posing any risk of infection.
# COVID-19 mRNA vaccines give instructions for cells to make spike protein, that is found on the surface of the virus that causes COVID-19.
# The Council of Scientific and Industrial Research and Bharat Biotech International are looking at bringing the messenger RNA platform to India after seeing its successful use in quick development of covid-19 vaccines by US-based Pfizer and Moderna.