KingMakers Current Affairs MCQ

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KingMakers Current affairs Pulse
Current Affairs Pulse

All the below MCQ’s were taken from the Hindu
[Dated: March25 & 26, 2017]

 
1. Limbu and Tamang tribes were in news recently. They belong to the state of
a) Sikkim
b) Uttarakhand
c) Jammu and Kashmir
d) Tripura
2. National Commission for Schedule Tribes (NCST) has approved the proposal for five additional seats for tribals in Sikkim assembly. Consider the following statements regarding NCST,
1. It is a Constitutional body setup under article 338 of the Constitution.
2. The Chairperson, Vice-Chairperson and other Members of the Commission are appointed by the President by warrant under his hand and seal.
3. The Union and every State Government should consult the Commission on all major policy matters affecting Scheduled Tribes.
Which of the above statement/s is/are correct?
Select the correct code
a) 1 and 2 only           b) 1, 2 and 3                c) 1 and 3 only                        d) 2 and 3 only
3. The ice floating in the Arctic Ocean grows and shrinks on a seasonal cycle, reaching its largest and its smallest size respectively in
a) December and June
b) June and December
c) March and September
d) September and March
4. Ellsworth Land, Mt. Tyree and Palmer Land are relief features in
 a) Artic
b) Antarctica
c) Zealandia
d) Pacific ring of fire
5. Consider the following statements ‘Make in India Action Plan’,
1. ‘Make in India Action Plan’ Dashboard was developed by Department of Industrial Policy and Promotion to monitor progress.
2. The Action Plan to update progress made by Ministries on short-term and medium-term targets and facilitate timely delivery of identified action points and facilitate monitoring and identification of delays in implementation.
3. It will also allow PMO, Cabinet Secretariat and DIPP to monitor progress and suggest corrective course on the progress indicated.
Which of the above statement/s is/are correct?
Select the correct code
a) 1 and 2 only           b) 1, 2 and 3                c) 1 and 3 only                        d) 2 and 3 only
6. Consider the following statements with respect to ‘Trade Facilitation in Services’,
 1. It aims to ease customs norms to boost global goods and services trade.
2. It aims to ensure portability of social security contributions and cross-border insurance coverage to boost medical tourism.
Which of the above statement/s is/are correct?
Select the correct code
a) 1 only                     b) 2 only          c) both             d) neither
7. The TFA in goods was the first multilateral trade agreement in 21 years signed in Bali in 2013 for easing cross-border custom rules for faster movement of goods. Consider the following statements regarding ‘TFA in goods’,
1. The TFA requires developing countries to build infrastructure capacity for faster clearance of cross-border shipments without hassles.
2. India has taken on a binding commitment for faster shipment for air cargo companies under the agreement.
Which of the above statement/s is/are correct?
Select the correct code
a) 1 only                     b) 2 only          c) both             d) neither
8. Recently which of the following has decided to launch a major Water Campaign during the current year, covering around one lakh villages in vulnerable/ water stressed areas and more specifically, where the ground water is over-exploited?
 a) NABARD
b) NITI Aayog
c) Ministry of Agriculture and Farmer’s welfare
d) Ministry of Water Resources, River Development & Ganga Rejuvenation
9. The Centre has decided to wind up eight tribunals that currently deal exclusively with disputes pertaining to employees’ provident fund or EPF, Competition law, Airports’ economic regulation, Information Technology law, National highways, railways, copyrights and foreign exchange. The EPF Appellate Tribunal’s remit would be transferred to which of the following?
a) Industrial Tribunal
b) Telecom Disputes Settlement and Appellate Tribunal
c) Intellectual Property Appellate Board
d) None of the above
10. Consider the following with respect to ‘India Brand Equity Foundation (IBEF)’,
1. It is a joint venture company between the Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Federation of Indian Chambers of Commerce and Industry, and State Governments of India.
2. It is a private company.
Which of the above statement/s is/are correct?
Select the correct code
a) 1 only                     b) 2 only                      c) both                         d) neither
11. Consider the following with respect to ‘Invest India’,
1. It is a trust established by the Department of Commerce, Ministry of Commerce and Industry.
2. It is fully funded, owned and controlled by Union Government.
Which of the above statement/s is/are correct?
Select the correct code
a) 1 only                     b) 2 only                      c) both                         d) neither
12. The National Company Law Tribunal has approved the metals and mining firm Vedanta’s merger with its cash-rich oil subsidiary Cairn India, paving the way for the formation of the fourth-largest resource company in the world after BHP Billiton, RioTinto and Glencore Plc. Consider the following statements with respect to ‘National Company Law Tribunal (NCLT)’,
1. It was constituted under the Companies Act, 2013.
2. It was replaced by the Company Law Board recently.
Which of the above statement/s is/are correct?
Select the correct code
a) 1 only                     b) 2 only                      c) both                         d) neither
13. Consider the following statements with respect to ‘National Company Law Tribunal (NCLT)’,
1. It has the power of High Court in the matters of mergers, demergers, amalgamations, etc.
2. It has the power to order repayment of deposits accepted by Non-Banking Financial Companies.
3. It does not have the power to wind up companies.
Which of the above statement/s is/are correct?
Select the correct code
a) 1 and 2 only           b) 1, 2 and 3                c) 2 only                      d) none of the above
14. The World Bank publishes a report on ‘Doing Business’ on annual basis, which compares the business regulations across 190 economies. Consider the following statements,
 1. The sub-indicators include the time taken to start a business, time taken to get construction permits, paying taxes and enforcing contracts.
2. The ‘Enforcing Contract’ indicator in the report measures the time and cost for resolving a standardised commercial dispute through a local court of first instance.
Which of the above statement/s is/are correct?
Select the correct code
a) 1 only                     b) 2 only                      c) both                         d) neither
15. Consider the following statements with respect to ‘National Bank for Agriculture and Rural Development (NABARD)’,
1. It was established based on the recommendations of the Committee set up by the Reserve Bank of India under the chairmanship of Shri B Sivaraman.
2. It is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion.
 3. It has been accredited with matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas in India.
Which of the above statement/s is/are correct?
Select the correct code
a) 1 and 2 only                       b) 1, 2 and 3                c) 2 only                      d) none of the above
16. Which of the following agencies were replaced by NABARD?
1. Agricultural Credit Department
2. Rural Planning and Credit Cell
3. Agricultural Refinance and Development Corporation
Select the correct code
a) all the above
b) 1 and 3 only
c) 1 and 2 only
d) 2 and 3 only
17. The Ken valley separates
a) the Rewa Plateau from the Satna Plateau
b) the Satna Plateau from Chhotanagpur Plateau
c) the Rewa Plateau from the Baghelkhand
 d) the Malwa Plateau from Rewa Plateau