[Solution] – 10 PM Daily Quiz – 12 April, 2016

We posted 7 questions in 10 PM Daily Quiz on 12th April, 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.

• 10 PM Daily Quiz –  12 April, 2016

Q.1) Consider the following statements regarding Rashtriya Swasthya Bima Yojana (RSBY)

1. Rashtriya Swasthya Bima Yojana (RSBY) is a government- run health insurance scheme for the BPL family.
2. It provides cashless insurance for hospitalisation in public as well as selected private hospitals.
3. It does not cover maternity benefits.

Select the correct statement using the codes given below

a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) all of the above

Answer: a

Explanation:

Rashtriya Swasthya Bima Yojana (RSBY) is a government- run health insurance scheme for the BPL family. It provides cashless insurance for hospitalisation in public as well as selected private hospitals.

It also covers maternity benefits. Over about 36 million families have been enrolled. Initially the RSBY project was under the Ministry of Labour and Employment, but from April 1, 2015 it was transferred to Ministry of Health and family welfare.

Objective

To recognise the diversity with regard to public health infrastructure, their socio -economic conditions and the administrative network.

The health insurance scheme aims to facilitate launching of health insurance projects in all the districts of the States in a phased manner for BPL workers.

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Q.2) Consider the statements regarding Pradhan Mantri Ujjwala Yojana:

1. Providing free of cost LPG (cooking gas) connections to women from BPL Households
2. Financial support of 1600 rupees for each LPG connection will be provided to the BPL households
3. Aims to empower women and protecting their health by shifting them from traditional cooking based on unclean cooking fuels or on fossil fuels that have serious health hazards to clean cooking gas

Select the correct statement using the codes given below:
a) 1 and 2 only
b) 2 and 3 only
c) 1 and 3 only
d) all of the above

Answer: d

Explanation: Click here

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Q.3) Deltas of eastern India are shrinking due to

1. huge amount of sediments being deposited.
2. groundwater mining.
3. construction of large dams.

Select the correct answer using the codes given below.

a) 1 and 2 only
b) 1 and 3 only
c) 2 and 3 only
d) 1, 2 and 3

Answer c

Explanation:

Deltas shrink due to lack of sediments and not due to huge amount of sediments. A proliferation of large dams that starve deltas of sediment, groundwater mining that causes land compaction, and artificial levees that affect river courses, have been responsible for the subsiding of major Indian deltas including Ganga-Brahmaputra, Krishna-Godavari, Brahmani and Mahanadi.

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Q.4) Consider the following statements regarding changes made in the selection process for Secretary General

1. The general public can ask questions from the candidates through civil society members and social media
2.  Each candidate is required to submit, a written statement layout out his or her vision for 2020 and beyond.
3. Dialogues will be televised, with press able to ask questions of each candidate after the dialogues.

Select the correct answer using the codes given below:

a) 1 and 2
b) 2 and 3
c) 1 and 3
d) 1, 2 and 3

Answer- c

Explanation:- Changes made in the selection process , and agreed to by all 193 members of the General Assembly

• Open dialogues — called “SG hearings” will be held by the President of the UN General Assembly.
• Each candidate is expected to present a vision statement on the challenges and opportunities facing the UN and the next SG.
• They will be questioned for two hours by the full UN membership as well as civil society. Each such dialogue will be streamed live online.
• Each candidate is required to submit, a written statement layout out his or her vision for 2017 and beyond.

Informal dialogues with the candidates: What you need to know

• Start on Tuesday, 12 April at UNHQ in New York
• Two-hour time-slots, with up to three candidates speaking per day
• Each candidate will have an opening statement, then take questions from Member States
• If time allows, civil society will ask questions
• Dialogues will be televised, with press able to ask questions of each candidate after the dialogues
• Finish on Thursday, 14 April
• Next round of dialogues will be in June
• Security Council will begin deliberations in July

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Q.5) Consider the following statements regarding quantitative easing

1. Quantitative easing increases the money supply.
2. It involve the printing of new banknotes.
3. It is an unconventional monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates.

Select the correct answer using the codes given below:

a) 1 and 3
b) 1 and 2
c) 2 and 3
d) 3 only

Answer-a

Explanation:– What is quantitative easing?

• Quantitative easing is an unconventional monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply.
• Quantitative easing increases the money supply by flooding financial institutions with capital in an effort to promote increased lending and liquidity.
• Quantitative easing is considered when short-term interest rates are at or approaching zero, and does not involve the printing of new banknotes.

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Q.6) Land Transformation Management System was introduced in the union budget. Consider the following statements regarding it

1. It involves integrating land records with Aadhaar, digitizing them and matching the real holdings with the documents.
2. It will empowering land holders and enable the use of land as an asset for accessing credit.

Select the correct answer using the codes below
a) 1 only
b) 2 only
c) Both are true
d) Neither is true

Answer- c

Explanation

Land Transformation Management System introduced in the union budget intends to:

• Land records are to be joined with Aadhar numbers
• Credit assessment could be done easily when reviewing an application based on the owner’s land
• Better land determination by the government
• Enhancing transparency in land holdings
• Giving fertilizer subsidies on the basis of real holdings

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Q.7) Which of the following changes have been proposed in the format of budget from the next financial year

1. The plan and non—plan distinction will be done away with for expenditure classification.
2. A cost-centric approach will be followed where establishments, schemes and projects will be treated as such.

Select the correct answer using the codes below
a) 1 only
b) 2 only
c) Both are true
d) Neither is true

Answer- c

Explanation:-

• Union Finance Minister Arun Jaitley had announced in the Budget Speech that from the next financial year, the plan and non—plan distinction will be done away with for expenditure classification.
• The government has constituted a committee for proposing a new format of budget statements and accounts.

• The committee to be headed by Special Secretary Expenditure will co-opt state secretaries.
• There is a proposal to  move towards a cost-centric approach where establishments, schemes and projects are treated as such and revenue-capital distinction will be the basis of expenditure classification as required by the constitutional framework.
• The primary units of appropriation at both central and state levels are being revisited to create a clear distinction between revenue and capital items of expenditure so that accounts can be prepared in a bottoms-up manner.

 

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