We posted 7 questions in 10 PM Daily Quiz on 20th May, 2016. 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 statements:
- International Day of Yoga is on June 21.
- Indian government is planning to introduce a new category of visa to promote yoga.
Select the correct statements using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is correct
Answer c
Explanation: Click here
Q.2) Consider the statements regarding India’s Red Line campaign:
- Launched in February this year, began marking prescription-only antibiotics with a red line.
- This is done to curb their irrational use and create awareness on the dangers of taking antibiotics without being prescribed.
Select the correct statements using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is correct
Answer c
Explanation: click here
Q.3) Consider the statements regarding Forensic Outlook 2016:
- Indian companies will have to comply with stricter international norms following a rise in foreign investments in the country, according to a report by EY.
- The report also highlighted risks, and the benefit of Bankruptcy, Black Money and Benami Transactions Bills in enabling transparent business dynamics.
Select the correct statements using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is correct
Answer c
Explanation: Click here
Q.4) Consider the following statements regarding atomic bombings of Hiroshima and Nagasaki
- “Little Boy” was the codename for the type of atomic bomb dropped on the Japanese city of Nagasaki.
- “Fat Man” was the codename for the type of atomic bomb that was detonated over the Japanese city of Hiroshima.
Select the correct statements using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is correct
Answer-d
Explanation:
“Little Boy” was the codename for the type of atomic bomb dropped on the Japanese city of Hiroshima.
“Fat Man” was the codename for the type of atomic bomb that was detonated over the Japanese city of Nagasaki.
Q.5) Consider the following statements regarding ‘mud’ palace in Sural village, about 30 km from Udupi, Karnataka, which belongs to the House of Tulu Jain Tholahars
- The Tholahars were contemporaries of Vijayanagara dynasties.
- One unique feature of the palace is that it has no foundation.
- The palace has ‘angalas’ (courtyards) and a ‘Pattada Chavadi’ (royal durbar room), and a small shrine of Padmavati Amma.
Select the correct statements using the codes given below:
a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) 1, 2 and 3
Answer-d
Explanation:- Click here.
Q.6) Consider the following statements regarding Hybrid Annuity Model (HAM)
- Under this model, there is toll right for the developer.
- As per this design, the government will contribute to 40% of the project cost in the first five years through annual payments (annuity).
Select the correct statements using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is correct
Answer-b
Explanation:-
The Hybrid Annuity Model (HAM)
- In India, the new HAM is a mix of BOT Annuity and EPC models.
- As per the design, the government will contribute to 40% of the project cost in the first five years through annual payments (annuity).
- The remaining payment will be made on the basis of the assets created and the performance of the developer.
- Here, hybrid annuity means the first 40% payment is made as fixed amount in five equal installments whereas the remaining 60% is paid as variable annuity amount after the completion of the project depending upon the value of assets created.
- As the government pays only 40%, during the construction stage, the developer should find money for the remaining amount. Here, he has to raise the remaining 60% in the form of equity or loans.
- The private developer will recover his investment from the government by receiving annuity payments over a period of 15 years.
- The government also offers 80 per cent of prior land acquisition and forest clearance in such projects to the developers.
- There is no toll right for the developer.
- Under HAM, Revenue collection would be the responsibility of the National Highways Authority of India (NHAI).
Q.7) Consider the following statements regarding Hybrid Annuity Model (HAM)
- Under HAM, Revenue collection would be the responsibility of the National Highways Authority of India (NHAI).
- The government offers 80 per cent of prior land acquisition and forest clearance in such projects to the developers.
Select the correct statements using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is correct
Answer-c
Explanation:- Same as above
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