[Solutions] -The 10 PM Daily Quiz – 23 July, 2016

solution1

[Solutions]

Q.1 Consider the following statements:

1. Intermediaries in APMC mandis charge commission from both the farmer as well as the buyer.

2. APMC mandis are beneficial for the corporates to buy the produce from farmers rather than direct trading

Which of the statements given above is/are false?

a) 1 only

b) 2 only

c) Both

d) None

Ans :d) Commission is charged from both the buyer as well as farmer, hence these mandis are very exploitative.  Transaction through mandis is neither beneficial for buyer as they have to shell out more money (commissions etc.) nor for farmers.

 

Q.2 Which of the following statements are true regarding Global Nutrition Report, 2016?

a) Malnutrition is although a social concern but  it does not harm the country economically

b) On the prevalence of Anaemia, India rank 170 out of 185 countries.

c) Uttar Pradesh was the first state in India to launch a nutrition mission in 2005

d) None of these

Ans: b) Malnutrition affects the country economically as well. Imagine having an undernourished population which is unable to work.

Maharashtra was the first state in India to launch a nutrition mission in 2005

 

Q.3 Which of the following can be an advantage of  Direct Benefit Transfer?

a) It can help the government reach out to more people.

b) It can help eliminate subsidy leakages.

c) It can help rationalise spending of taxpayers money

d) Both (b) and (c)

Ans: d) DBT aims at providing subsidy directly in the accounts of beneficiary, thus plugging leakage. By plugging this leakage, money of the tax payer is being rationally used.

 

Q.4 Identify the correct statement:

a) RCEP is a proposed free trade agreement between 10 member states of ASEAN and New Zealand.

b) The upcoming BRICS summit will be held in Goa, India

c) Both (a) and (b)

d) Neither (a) nor (b)

Ans: c) Both statements are true.

Q.5 Consider the following statements regarding the solar powered drone ‘Aquila’

1. It will provide internet service to remote areas of the world

2. Aquila is an invention by Google

Identify the correct statement:

a) 1 only

b) 2 only

c) 1 and 2

d) None of these

Ans: a) Aquila is an invention of Facebook and not Google. Statement 1 is true.


Comments

4 responses to “[Solutions] -The 10 PM Daily Quiz – 23 July, 2016”

  1. ankur0909 Avatar
    ankur0909

    For question number 4..both answers are incorrect as it was ASEAN+6 countries and for 2nd option Venue changed… now it will be held in Khajuraho, Chhatarpur District Madhya Pradesh on 30-31 august 2016

  2. ankur0909 Avatar
    ankur0909

    For question number 4..both answers are incorrect as it was ASEAN+6 countries and for 2nd option Venue changed… not it will be held in Khajuraho, Chhatarpur District Mdahya Pradesh on 30-31 august 2016

  3. wanderer Avatar
    wanderer

    Question 4, statement (a) is incorrect.

  4. CM_GoGo Avatar
    CM_GoGo

    Q1 ans should be B and not d.

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