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Daily Quiz: August 2
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- Question 1 of 7
1. Question
1 pointsCategory: PolityConsider the following statement(s) about National Anti-Profiteering Authority (NAA)
1. NAA under GST is tasked to ensure that the full benefits of a reduction in tax on supply of goods or services flow to the consumers.
2. It can impose a penalty on the defaulting business entity but it is not authorized to deregister the firm under GST.
Which of the above statement(s) is/are correct?
Correct
Statement 2 is incorrect because the authority will have the power to make the company reduce its prices and refund the money to the consumer along with an interest of 18 per cent or deposit it in the Consumer Welfare Fund. It can also impose a penalty and cancel the registration of the company.
Important Learning about NAA:
- The National Anti-profiteering Authority under GST is tasked with ensuring that the full benefits of a reduction in tax on supply of goods or services flow to the consumers.
- The National Anti-profiteering Authority is to be headed by a senior officer of the level of a secretary to the government of India and is to have four technical members from the Centre and/or the states, according to the provisions of the law.
- The already notified rules on anti-profiteering measures provide that applications seeking to invoke anti-profiteering measures shall be examined by a standing committee.
- However, if the application relates to a local matter, when the business is located in only one state, it shall be first examined by a state level screening committee.
The standing committee is empowered to refer cases requiring detailed inquiry to director general of safeguards, Central Board of Excise and Customs (CBEC), who shall give his recommendation for consideration of the National Anti-profiteering Authority.
Incorrect
Statement 2 is incorrect because the authority will have the power to make the company reduce its prices and refund the money to the consumer along with an interest of 18 per cent or deposit it in the Consumer Welfare Fund. It can also impose a penalty and cancel the registration of the company.
Important Learning about NAA:
- The National Anti-profiteering Authority under GST is tasked with ensuring that the full benefits of a reduction in tax on supply of goods or services flow to the consumers.
- The National Anti-profiteering Authority is to be headed by a senior officer of the level of a secretary to the government of India and is to have four technical members from the Centre and/or the states, according to the provisions of the law.
- The already notified rules on anti-profiteering measures provide that applications seeking to invoke anti-profiteering measures shall be examined by a standing committee.
- However, if the application relates to a local matter, when the business is located in only one state, it shall be first examined by a state level screening committee.
The standing committee is empowered to refer cases requiring detailed inquiry to director general of safeguards, Central Board of Excise and Customs (CBEC), who shall give his recommendation for consideration of the National Anti-profiteering Authority.
- Question 2 of 7
2. Question
1 pointsCategory: Polity”SHe-box”, which was recently in news, is
Correct
Explanation:
- Women and Child development (WCD) ministry launched “SHe-box” – that is, Sexual Harassment e-box, akin to a complaint box albeit online, where victims can report incidents.
- This portal is an initiative to provide a platform to women working or visiting any office of Central Government (Central Ministries, Departments, Public Sector Undertakings, Autonomous Bodies and Institutions etc.) to file complaints related to sexual harassment at workplace under the SH Act.
- Those who had already filed a written complaint with the concerned Internal Complaint Committee (ICC) constituted under the SH Act are also eligible to file their complaint through this portal.
Incorrect
Explanation:
- Women and Child development (WCD) ministry launched “SHe-box” – that is, Sexual Harassment e-box, akin to a complaint box albeit online, where victims can report incidents.
- This portal is an initiative to provide a platform to women working or visiting any office of Central Government (Central Ministries, Departments, Public Sector Undertakings, Autonomous Bodies and Institutions etc.) to file complaints related to sexual harassment at workplace under the SH Act.
- Those who had already filed a written complaint with the concerned Internal Complaint Committee (ICC) constituted under the SH Act are also eligible to file their complaint through this portal.
- Question 3 of 7
3. Question
1 pointsCategory: PolityWhich of the following are members of GCC?
- Bahrain
- Kuwait
- Iran
- Iraq
- Qatar
Select the correct answer using the codes given below:
Correct
GCC is a regional intergovernmental political and economic union consisting of all Arab states of the Persian Gulf, except for Iraq. Its member states are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
IMPOTANT LEARNING:
It’s been in news for the following reasons:
Qatar crisis: Early in June, powerful neighboring Arab nations of Saudi Arabia, United Arab Emirates, Bahrain and Egypt moved to sever diplomatic and economic ties with Qatar by shutting off shipping routes and air space over Doha’s alleged support for terrorism across the region, and its ties with Iran.
The number of Indian workers emigrating to the Gulf for work has dropped in the past couple of years, possibly due to slowing economies of countries part of the Gulf Cooperation Council (GCC) which have been hit by weaker oil prices. The decline has been significant between 2014 and 2016.
Incorrect
GCC is a regional intergovernmental political and economic union consisting of all Arab states of the Persian Gulf, except for Iraq. Its member states are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
IMPOTANT LEARNING:
It’s been in news for the following reasons:
Qatar crisis: Early in June, powerful neighboring Arab nations of Saudi Arabia, United Arab Emirates, Bahrain and Egypt moved to sever diplomatic and economic ties with Qatar by shutting off shipping routes and air space over Doha’s alleged support for terrorism across the region, and its ties with Iran.
The number of Indian workers emigrating to the Gulf for work has dropped in the past couple of years, possibly due to slowing economies of countries part of the Gulf Cooperation Council (GCC) which have been hit by weaker oil prices. The decline has been significant between 2014 and 2016.
- Question 4 of 7
4. Question
1 pointsCategory: PolityWhich of the following Statement(s) about Electoral Bond is/are not correct?
Correct
Only Statement B is incorrect because they can be issued only against cheque and digital payments (it cannot be purchased by paying cash).
Important Learning about electoral Bond:
- Electoral bonds will be issued by a notified bank for specified denominations.
- Donors who want to donate to fund political party buy these bonds by making payments digitally or through cheque.
- The bonds will likely be bearer bonds and the identity of the donor will not be known to the receiver.
- The party can convert these bonds back into money via their bank accounts.
- The bank account used must be the one notified to the Election Commission and the bonds may have to be redeemed within a prescribed time period.
- Electoral bonds are essentially like bearer cheques. The issuing bank will remain the custodian of the donor’s funds until the political party redeems the bond
Incorrect
Only Statement B is incorrect because they can be issued only against cheque and digital payments (it cannot be purchased by paying cash).
Important Learning about electoral Bond:
- Electoral bonds will be issued by a notified bank for specified denominations.
- Donors who want to donate to fund political party buy these bonds by making payments digitally or through cheque.
- The bonds will likely be bearer bonds and the identity of the donor will not be known to the receiver.
- The party can convert these bonds back into money via their bank accounts.
- The bank account used must be the one notified to the Election Commission and the bonds may have to be redeemed within a prescribed time period.
- Electoral bonds are essentially like bearer cheques. The issuing bank will remain the custodian of the donor’s funds until the political party redeems the bond
- Question 5 of 7
5. Question
1 pointsCategory: PolityConsider the following statements:
- President can return all bills for reconsideration to state legislature.
- President has to give assent to the bill which is passed again by state legislature with or without amendments.
Which of the above statement(s) is/are correct?
Correct
Statement 1 is incorrect:
When a bill is reserved by governor for consideration of President, President has three alternatives:
- give his assent, or
- withhold his assent, or
- Direct governor to return bill (if not a money bill) for reconsideration of state legislature.
Statement 2 is incorrect:
- If bill is passed again by state legislature with or without amendments and presented again to President for his assent, President is not bound to give his assent to bill and state legislature cannot override veto power of President.
- Constitution has not prescribed any time limit within which President has to take decision wrt a bill reserved by governor for his consideration.
- Hence, President can exercise pocket veto wrt state legislation also.
Incorrect
Statement 1 is incorrect:
When a bill is reserved by governor for consideration of President, President has three alternatives:
- give his assent, or
- withhold his assent, or
- Direct governor to return bill (if not a money bill) for reconsideration of state legislature.
Statement 2 is incorrect:
- If bill is passed again by state legislature with or without amendments and presented again to President for his assent, President is not bound to give his assent to bill and state legislature cannot override veto power of President.
- Constitution has not prescribed any time limit within which President has to take decision wrt a bill reserved by governor for his consideration.
- Hence, President can exercise pocket veto wrt state legislation also.
- Question 6 of 7
6. Question
1 pointsCategory: PolityWhich of the following statement(s) is/are correct?
- Acting judges of the High Court is appointed by the President of India.
- Judges of the HC are appointed by the President after consulting Chief Justice of India, Chief Justice of High Court and Governor of the state.
- Chief Justice of a High Court is appointed by the President on recommendation of a collegium consists of CJI and two senior-most Judges of Supreme court.
Correct
All the above statements are correct. Below here is the explanation
Article 224-Appointment of additional and acting Judges.-
(1) Temporary increase in the business of High Court or by reason of arrears of work therein, it appears to the President that the number of the Judges of that Court should be for the time being increased, the President may appoint duly qualified persons to be additional Judges of the Court for such period not exceeding two years as he may specific.
(2) When any Judge of a High Court other than the Chief Justice is by reason of absence or for any other reason unable to perform the duties of his office or is appointed to act temporarily as Chief Justice, the President may appoint a duly qualified person to act as a Judge of that Court until the permanent Judge has resumed his duties.
(3) No person appointed as an additional or acting Judge of a High Court shall hold office after attaining the age of sixty-two years.
Article 217- Appointment and conditions of the office of a Judge of a High Court
Every Judge of a High Court shall be appointed by the President by warrant under his hand and seal after consultation with the Chief Justice of India, the Governor of the State.
Incorrect
All the above statements are correct. Below here is the explanation
Article 224-Appointment of additional and acting Judges.-
(1) Temporary increase in the business of High Court or by reason of arrears of work therein, it appears to the President that the number of the Judges of that Court should be for the time being increased, the President may appoint duly qualified persons to be additional Judges of the Court for such period not exceeding two years as he may specific.
(2) When any Judge of a High Court other than the Chief Justice is by reason of absence or for any other reason unable to perform the duties of his office or is appointed to act temporarily as Chief Justice, the President may appoint a duly qualified person to act as a Judge of that Court until the permanent Judge has resumed his duties.
(3) No person appointed as an additional or acting Judge of a High Court shall hold office after attaining the age of sixty-two years.
Article 217- Appointment and conditions of the office of a Judge of a High Court
Every Judge of a High Court shall be appointed by the President by warrant under his hand and seal after consultation with the Chief Justice of India, the Governor of the State.
- Question 7 of 7
7. Question
1 pointsCategory: PolityAmong the following subjects, which item of subjects falls under the category of concurrent list?
- Bankruptcy and insolvency
- Migratory Tribes
- Economic and Social Planning
- Relief for the disabled and unemployable
- Forests
Select the correct answers using the codes given below:
Correct
Relief for the disabled and unemployable falls under the category of State list and not concurrent list
All other mentioned subject falls under the category of concurrent list
Important Learning:
The 42nd Amendment Act of 1976 transferred five subjects to Concurrent List from State List, that is, (a) education, (b) forests, (c) weights and measures, (d) protection of wild animals and birds, and (e) administration of justice; constitution and organisation of all courts except the Supreme Court and the high courts.
Incorrect
Relief for the disabled and unemployable falls under the category of State list and not concurrent list
All other mentioned subject falls under the category of concurrent list
Important Learning:
The 42nd Amendment Act of 1976 transferred five subjects to Concurrent List from State List, that is, (a) education, (b) forests, (c) weights and measures, (d) protection of wild animals and birds, and (e) administration of justice; constitution and organisation of all courts except the Supreme Court and the high courts.
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