We posted 9 questions in 10 PM Daily Quiz yesterday. Thanks for the amazing response. These questions will help you polish concepts based on current affairs. In case you have not attempted them, please attempt them by clicking below
Q.1) Consider the following statement related to Netaji Subhash Chandra Bose
1. Chitranjan Das is the political guru of Subhash Chandra Bose
2. Rabindra Nath Tagore called Subhash Chandra Bose as “patriots of patriots”
3. Gandhiji Subhash Chandra Bose as “Desh nayak ”
4. Forward Block party was founded by Subhash Chandra Bose
Select the correct code:
a) 1 and 2 only
b) 2 and 3 only
c) 3 and 4 only
d) 1 and 4 only
Answer: d
Q.2) Which of the statement regarding MCI is correct?
1. Established in 1934, through Indian Medical Council Act, 1933
2. Headquater of MCI is in Bombay.
3. Main functions of MCI is sanctioning of medical college, approving the student intake, approving any expansion of the intake
4. the current president of MCI is DR. Jayashreeban Mehta
Select the code:
a) 1 and 2 only
b) 2 and 3 only
c) 1, 3 and 4
d) All are wrong
Answer: c
Q.3) Which of the following functions are performed by the Central Drugs Standard Control Organization (CDSCO)
1. Import Registration and Licensing
2. Licensing of Blood Banks
3. Testing of Drugs
Select the correct answer using the codes given below:
a) 3 only
b) 1 and 3 only
c) 2 and 3 only
d) 1, 2 and 3
Answer: d
Explanation: Functions of CDSCO:
- Approval of new drugs and clinical trials
- Import Registration and Licensing
- Licensing of Blood Banks, LVP’s, Vaccines, r-DNA products & some Medical Devices
- Amendment to D &C Act and Rules
- Banning of drugs and cosmetics
- Grant of Test License,
- Personal License,
- NOCs for Export
- Testing of Drugs
Q.4) Consider the following statements regarding drug regulation in India
1. Medicines in India are regulated by CDSCO – Central Drugs Standard Control Organization.
2. The CDSCO comes under the broad ambit of the Drug Controller General of India (DCGI).
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are true
d) Neither is true
Answer: a
Explanation: The Central Drugs Standard Control Organization (CDSCO) is the national regulatory body for Indian pharmaceuticals and medical devices, and serves parallel function to the European Medicines Agency of the European Union, the PMDA of Japan and the Food and Drug Administration of the United States.
Within the CDSCO, the Drug Controller General of India (DCGI) regulates pharmaceutical and medical devices, under the gamut of Ministry of Health and Family Welfare
Q.5) HSPD-6 was in news recently for
a) It is a drug that claims to treat resistant form of Tuberculosis.
b) It is a proposed agreement for exchange of terrorist screening information between the Terrorist Screening Centre (TCS) of the U.S. and a selected Indian security agency.
c) It is an agreement that seeks to address restrictions on the movement of Indian professionals and enhance citizen contact with the European countries .
d) It is an agreement which enhance cooperation among countries in battling climate change.
Answer: b
Explanation: HSPD stands for Homeland Security Presidential Directive. HSPD-6 is a proposed agreement for exchange of terrorist screening information between the Terrorist Screening Centre (TCS) of the U.S. and a selected Indian security agency. It has been dropped from the agenda. US claimed that it has arrested many terror suspects in Canada and Australia with the help of HSPD-6
Q.6) Which of the following are the objectives of the disinvestment?
1. To discourage wider share of ownership
2. To reduce the financial burden on the Government
3. To depoliticise non-essential services
4. To introduce, competition and market discipline
5. To improve public finances
Select the correct answer using the codes given below:
a) 1, 3,4 and 5 only
b) 1, 2, 3 and 5 only
c) 2, 3, 4 and 5 only
d) 1, 2,3 ,4 and 5
Answer: c
Explanation:
The new economic policy initiated in July 1991 clearly indicated that PSUs had shown a very negative rate of return on capital employed. Inefficient PSUs had become and were continuing to be a drag on the Government’s resources turning to be more of liabilities to the Government than being assets. Many undertakings traditionally established as pillars of growth had become a burden on the economy. The national gross domestic product and gross national savings were also getting adversely affected by low returns from PSUs. About 10 to 15 % of the total gross domestic savings were getting reduced on account of low savings from PSUs. In relation to the capital employed, the levels of profits were too low. Of the various factors responsible for low profits in the PSUs, the following were identified as particularly important:
- Price policy of public sector undertakings
- Under–utilisation of capacity
- Problems related to planning and construction of projects
- Problems of labour, personnel and management
- Lack of autonomy
Hence, the need for the Government to get rid of these units and to concentrate on core activities was identified. The Government also took a view that it should move out of non-core businesses, especially the ones where the private sector had now entered in a significant way. Finally, disinvestment was also seen by the Government to raise funds for meeting general/specific needs.
In this direction, the Government adopted the ‘Disinvestment Policy’. This was identified as an active tool to reduce the burden of financing the PSUs. The following main objectives of disinvestment were outlined:
- To reduce the financial burden on the Government
- To improve public finances
- To introduce, competition and market discipline
- To fund growth
- To encourage wider share of ownership
- To depoliticise non-essential services
Q.7) Consider the following statements regarding Barelvi movement
1. The name derives from the north Indian town of Bareilly.
2. It was influenced by the Wahhabi movement in Arabia.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are true
d) Neither is true
Answer: a
Explanation: The Barelvi movement has to do with the practices and Sufism of Classic Islamic Mystics, it is often referred to as a Sufi movement. The movement was in existence (as is today) under the banner of Ahl-e-Sunnat Wal Jammat, but later started to refer to themselves as Barelvi’s to differentiate from the Deobandi movement, which was influenced by the Wahhabi movement in Arabia
Q.8) Which of these agencies were not*part of the National Security Summit 2016 held at Washington earlier this year?
1. United Nations
2. Interpol
3. NATO
4. European Union
Select the correct answer using code given below:
a) All of these
b) 1 and 3 only
c) 1, 2 and 4 only
d) 1 and 4 only
*corrected later
Answer: c
Explanation:
Explanation: In addition to UN, Interpol and European Union, IAEA-International Atomic Energy Agency was part of the summit. 50 countries also participated.
NATO was NOT part of the participating agency.
Russia did not attend the summit because its differences with US over the issue of Ukraine
Q.9) Government had recently extended Safeguard Duty, which of the following is/are ‘NOT’ true about safeguard duty?
1. Safeguard duty is a protection provided by the government to protect the domestic market against cheap imports
2. The duty applied will be 25% on goods and will continue till 2018
3. Duty applies to hot rolled flat products of non-alloy and other alloy in coils of a width of 600mm
4. Duty was levied due to cheaper imports of steel which were hampering our domestic manufacturers.
Select the correct answer using the codes given below:
a) 1 and 2 only
b) 1,2, and 3 only
c) 2 only
d) 3 only
Answer: c
Explanation:
Explanation : The 20 per cent safeguard duty will apply to import of “hot-rolled flat products of non-alloy and other alloy steel in coils of a width of 600 mm or more” till September 13, 2016.
Timeline for Safeguard duty
- It will drop in a staged manner to 18 per cent between September 14, 2016 and March 13, 2017
- 15 per cent from March 14, 2017 to September 13, 2017
- and 10 per cent between September 14, 2017 and March 13, 2018
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