We posted 7 questions in 10 PM Daily Quiz on 28th 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.
- 10 PM Daily Quiz – 28th May, 2016
Q.1) Consider the following statement
- Under the Right to Education, all children are ensured promotion each year up to Class V.
- To draft new education policy HRD ministry has formed a committee headed by T N Seshan.
Select the correct statements from the codes given below
a) 1 only
b) 2 only
c) Both
d) None
Answer d
Explanation:-
Under the Right to Education, all children are ensured promotion each year up to Class VIII.
Former Cabinet secretary T.S.R. Subramanian has been appointed chairperson of a committee set up by the Human Resource Development Ministry to draft the new education policy.
Q.2) Consider the following statement
- Tejas is an Indian single-seat, double-jet engine, multi-role light fighter.
- It is designed by the Aeronautical Development Agency (ADA) and DRDO.
Select the correct statements from the codes given below
a) 1 only
b) 2 only
c) Both
d) None
Answer d
Explanation
The Tejas is an Indian single-seat, single-jet engine, multi-role light fighter designed by the Aeronautical Development Agency (ADA) and Hindustan Aeronautics Limited (HAL).
Q.3) Consider the following statement
- North-south Transport Corridor (NSTC) is to run from Kashgar in China to Gwadar in Balochistan.
- NSTC will pass through Pakistan occupied Kashmir (POK)
Select the correct statements from the codes given below
a) 1 only
b) 2 only
c) Both
d) None
Answer d
Explanation:-
- China-Pakistan Economic Corridor (CPEC) project, a highway which is to run from Kashgar in China to Gwadar in Balochistan, on the edge of the Persian Gulf, in Pakistan. CPEC will pass through POK.
- The International North–South Transport Corridor is the ship, rail, and road route for moving freight between India, Russia, Iran, Europe and Central Asia.
Q.4) Arrange the following sectors in ascending order to their contribution in Foreign Direct Investment (FDI) in the year FY16.
- Trading business
- Services sector
- Automobile industry
- Computer hardware and software
Select the correct answer using the codes given below:
a) 3-4-1-2
b) 1-3-4-2
c)3-1-4-2
d) 1-4-3-2
Answer-c
Explanation:-
Contribution
- Of the FDI inflows (equity) in FY’16, services sector (including financial, banking, insurance, non-financial / business, outsourcing, R&D, courier, technology testing and analysis) attracted maximum investments of $6.88 billion.
- It was followed by computer hardware and software ($5.90 billion).
- Trading business attracted $3.84 billion
- And automobile industry got $2.52 billion.
Q.5) Arrange the following countries in descending order to their contribution in Foreign Direct Investment (FDI) in the year FY16.
Singapore
Mauritius
Japan
US
Select the correct answer using the codes given below:
a) 1-2-4-3
b) 2-1-3-4
c) 1-2-3-4
d) 2-1-4-3
Answer-a
Explanation:–
Sources of FDI
- Maximum inflows (equity) were from Singapore ($13.69 billion)
- It was followed by Mauritius ($8.35 billion)
- Then US ($4.19 billion), the Netherlands ($2.64 billion) and Japan ($2.61 billion).
Q.6) Consider the following statements regarding characteristics of private recruitment agencies
- The number of staffing agencies is growing and is largely unregulated and they mislead the workers.
- Government has an official website to check the authenticity of a particular agency.
Select the correct statements from the codes given below
a) 1 only
b) 2 only
c) Both
d) None
Answer-a
Explanation:-
Problems with private recruitment agencies
- The number of staffing agencies is growing and is largely unregulated and they mislead the workers.
- There is no official website to check the authenticity of a particular agency.
- There are several staffing agencies that dupe people in the guise of getting them employed after charging them hefty amounts.
- Unfortunately till date, there has been no regulation for private recruitment agencies.
Q.7) Consider the following statements regarding Department of Industrial Policy & Promotion
- It works under the Ministry of Commerce and Industry.
- FDI data in India is released by Department of Industrial Policy & Promotion .
Select the correct statements from the codes given below
a) 1 only
b) 2 only
c) Both
d) None
Answer-c
Explanation:-
Department of Industrial Policy & Promotion was established in the year 1995, and in the year 2000 Department of Industrial Development was merged with it.
It is working under the Ministry of Commerce and Industry, Government of India.
This department is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives. While individual Administrative Ministries look after the production, distribution, development and planning aspects of specific industries allocated to them, Department of Industrial Policy & Promotion is responsible for the overall industrial policy.
It is also responsible for facilitating and increasing the FDI flows to the country.
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