18 April 2017 | Prelims Daily with Previous Year Questions & Tikdams

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    Q.1) Consider the following statements about ‘Egyptian vulture’:
    1. The Egyptian vulture also called the white scavenger vulture is a small Old World vulture and the only member of the genus Neophron.
    2. It is a globally ‘vulnerable species’ on the IUCN Red List.
    Which of the statements given above is/are correct?
    a) 1 only
    b) 2 only
    c) Both 1 and 2
    d) Neither 1 nor 2
    Ans. (a)
    Explanation: Egyptian vulture also called the white scavenger vulture or pharaoh’s chicken is the smallest among all vultures. It is a globally endangered species on the IUCN Red List. It is widely distributed; the Egyptian vulture is found from southwestern Europe and northern Africa to India. The contrasting underwing pattern and wedge-shaped tail make it distinctive in flight as it soars in thermals during the warmer parts of the day. Egyptian vultures feed mainly on carrion but are opportunistic and will prey on small mammals, birds, and reptiles.
    Titbits: Egyptian vultures that breed in the temperate regions migrate south in winter while tropical populations are relatively sedentary. Populations of this species have declined in the 20th century and some island populations are endangered by hunting, accidental poisoning, and collision with power lines.
    Source: http://www.thehindu.com/news/cities/Delhi/rare-egyptian-vulture-rescued/article18064943.ece

     

    Q.2) Consider the following statements about ‘Voter-verified paper audit trail (VVPAT)’:
    1. The Voter-verified paper audit trail (VVPAT) is a method that provides feedback to voters using a ballotless voting system.
    2. It is an independent verification printer machine and is attached to electronic voting machines.
    Which of the statements given above is/are correct?
    a) 1 only
    b) 2 only
    c) Both 1 and 2
    d) Neither 1 nor 2
    Ans. (c)
    Explanation: Voter-verifiable paper audit trail (VVPAT) or verifiable paper record (VPR) is a method of providing feedback to voters using a ballotless voting system. A VVPAT is intended as an independent verification system for voting machines designed to allow voters to verify that their vote was cast correctly, to detect possible election fraud or malfunction, and to provide a means to audit the stored electronic results.It contains name of the candidate (for whom vote has been casted) and symbol of the party/ individual candidate.
    Source: http://www.thehindu.com/news/national/election-commission-seeks-funds-for-paper-trail-units/article18073000.ece

     

    Q.3) Consider the following statements in regard with ‘Presidential system’:
    1. In presidential form of government, the executive is independent of legislature.
    2. The presidential government is also known as non-responsible or fixed executive system of government and is prevalent in Britain.
    Which of the statements given above is/are correct?
    a) 1 only
    b) 2 only
    c) Both 1 and 2
    d) Neither 1 nor 2
    Ans. (a)
    Explanation: The parliamentary government is also known as cabinet government and is prevalent in Britain, Japan, Canada, India & among others. The presidential government, on the other hand, is also known as non-responsible or non-parliamentary or fixed executive system of government and is prevalent in USA,Brazil, Russia, Sri Lanka & among others.
    Source: http://www.thehindu.com/todays-paper/tp-international/turkey-to-vote-today-on-constitutional-changes/article18069950.ece

     

    Q.4) Consider the following statements in regard with ‘Gram Nyayalayas’:
    1. Gram Nyayalayas are mobile village courts in India established under Gram Nyayalayas Act, 2008 for speedy and easy access to justice system in the rural areas of India.
    2. Gram Nyayalaya are courts of Judicial Magistrate of the first class and its presiding officer is appointed by the State Government in consultation with the High Court of the State concerned.
    Which of the statements given above is/are correct?
    a) 1 only
    b) 2 only
    c) Both 1 and 2
    d) Neither 1 nor 2
    Ans. (c)
    Explanation: Gram Nyayalayas are mobile village courts in India established under Gram Nyayalayas Act, 2008 for speedy and easy access to justice system in the rural areas of India. The Act came into force on October 2, 2009 i.e. the birth anniversary of Mahatma Gandhi. (Gram stands for village; Nyay stands for Justice and Aalya stands for House/centre etc) Gram Nyayalaya is a mobile court and exercises the powers of both Criminal and Civil Courts; i.e., the seat of the Gram Nyayalaya will be located at the headquarters of the intermediate Panchayat, but they will go to villages, work there and dispose of the cases.
    Source: http://www.arthapedia.in/index.php?title=Gram_Nyayalayas_or_Village_Courts

     

    Q.5) Consider the following statements about ‘Advanced Farming – Enriched Farmer’ scheme;
    1. The scheme aims to increase farmers’ income by cutting production cost and increasing the output.
    2. Under the initiative, the government has declared each tehsil in the State as a unit where planning will be done for agri-development.
    Which of the statements given above is/are incorrect?
    a) 1 only
    b) 2 only
    c) Both 1 and 2
    d) Neither 1 nor 2
    Ans. (d)
    Explanation: Advanced Farming – Enriched Farmer’ scheme aims to increase farmers’ income by cutting production cost and increasing the output.The major tasks that would be undertaken are: raising production of major crops (up to the level of its genetic yield potential), diversification of crops, introducing marketing techniques, uniting farmers through farm producers’ companies and making them financially stable.
    Titbits: According to a government resolution, each tehsil, under the scheme, will be given a production target for crops. The target would be planned keeping in mind that farmers, after selling their produce, receive more money than the loan they have obtained. For farmers who are already receiving more money than the loan obtained, the target is 20% more than their present production. Additionally, the government will also spend 60% of the fund available for mechanisation of farming on tractors, power tillers, transplanters, and machines for polishing, grading, and packing the produce. The grants will be deposited in farmers’ bank accounts linked to Aadhar.
    Source: http://www.thehindu.com/news/national/other-states/maharashtra-announces-scheme-to-increase-farmers-income/article18072945.ece

     

    Q.6) Under which of the following circumstances may “capital gains” arise?
    1. when there is an increase in the sales of a product
    2 .when there is a natural increase in the value of the property owned)
    3. when you purchase a painting and there is a growth in its value due to increase in its popularity.
    Select the correct answer using the codes given below: (CSP-2012)
    A. 1 only
    B. 2 and 3 only
    C. 2 only
    D. 1, 2 and 3
    Answer: Option B
    Capital Gains – This term is used in Newspapers and also in Constitution An increase in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short term (one year or less) or long term (more than one year) and must be claimed on income taxes.
    Source: NCERT – Economy

     

    Q.7) Which of the following measures would result in an increase in the money supply in the economy?
    1. Purchase of govt securities from the public by the central bank
    2. Deposit of currency in commercial banks by the public
    3. borrowing by the govt. from the central bank
    4. Sale of govt. secs. To the public by the central bank
    Select the correct answer using the codes given below: (CSP-2012)
    A. 1
    B. 2 and 4 only
    C. 1 and 3
    D. 2, 3 and 4
    Answer: Option C
    1. Purchase of government securities from the public by the Central Bank 3. Borrowing by the government from the Central Bank
    Source: NCERT – Economy

     

    Q.8) Which of the following would include Foreign Direct Investment on India?
    1. Subsidiaries of foreign companies in India
    2. Majority foreign equity holding in Indian companies
    3. Companies exclusively financed by foreign companies
    4. Portfolio investment
    Select the correct answer using the codes given below: (CSP-2012)
    A. 1, 2, 3 and 4
    B. 2 and 4 only
    C. 1 and 3 only
    D. 1, 2 and 3 only
    Answer: Option D
    New FDI rules to bring in more dollars The entirety of investment in a company by an entity that is majority owned/controlled by foreign investors would be treated as foreign investment.
    Source: NCERT – Economy


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  • Profile photo of Deepak zangaruche Deepak zangaruche @deepak-zangaruche

    Question No,5 Option A is right and as per explaination is also made by you

    • Profile photo of Arun Muradnar Arun Muradnar @arunmuradnar65

      Deepak, please reread the question, No change in answer!
      Answer for question no.5 is ‘d’.

  • Profile photo of Samarth Bitla Samarth Bitla @bkrishnasamarth

    According to your answers the 5th questions answer should be (a) instead of (d) based on your part of explanation ……

    • Profile photo of Arun Muradnar Arun Muradnar @arunmuradnar65

      Hi Samarth,
      Please read question again,
      ‘Incorrect’ statement is asked,and both statements are correct.
      So, correct answer is ‘d’.
      Most of the aspirants do this mistake in paper. So, read carefully!

  • Profile photo of Saravanan N S Saravanan N S @saravanan-ns

    1-
    2-C
    3-A.Westminster Parliamentary System in Britain. Recent Turkish referendum on giving more powers to President and abolishing post of PM
    4-C. Gram Nyayalayas follow Principle of Natural Justice.It has powers of Civil and Criminal court.
    5-C. By Maharashtra Govt to increase productivity as well as Farmer’s income.
    6-B
    7-C
    8-D.Portfolio Investment – FII

  • Profile photo of Kunal Aggarwal Kunal Aggarwal @kunalaggarwal

    @discuss – I have a doubt in Question 7. Deposit of currency in commercial banks by public will actually increase the supply. Banks use that money for borrowing and create supply. I think NCERT clearly specifies it.

    Had there been an option which says 1,2,3 – shouldn’t that be most appropriate?

    • Profile photo of Jayansh Singh Jayansh Singh @jayanshsingh22

      Public depositing currency in the banks would reduce liquidity. They would then have less money to spend (buy goods and services).

    • Profile photo of Arun Muradnar Arun Muradnar @arunmuradnar65

      Hi Kunal,
      Actually, we have directly copied this question from UPSC CSE – 2012 paper. and only this options are given.
      And actual model answer is ‘c’.
      Though,you are right in explanation for 2nd option. As it is also referred from NCERT 12th class economy textbook. But, i think if we read 2nd option directly assuming that if public deposits in commercial bank then at this instance supply will get reduced(considering demand-supply nexus),without considering indirect fact that it will increase supply in future when banks will give out loans.(money creation)
      I think UPSC also expects its direct impact on economy at that instance (rather than in future).

  • Profile photo of Kunal Aggarwal Kunal Aggarwal @kunalaggarwal

    1 – a [I think I read it when a person from organisation saved one recently. It was either endangered or critically endangered I guess]
    2 – c [VVPAT contains the symbol and name of the candidate only. Voter can verify that the vote is correctly recorded by EVM]
    3 – a [Britain has a parliamentary form. US has a presidential form of government]
    4 – c
    5 –
    6 – b [Sale won’t be a capital gain. It is the revenue increase]
    7 – c
    8 – d [Portfolio investment is FII]

  • Profile photo of Vivek Singh Vivek Singh @viveksingh

    1-a (endangered)
    2-c
    3-a
    4-a(nyayadhikar not judicial magistrate, though have same powers, salary etc)
    5-c
    6-b
    7-c
    8-d

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This topic contains 10 replies, has 8 voices, and was last updated by Profile photo of Arun Muradnar Arun Muradnar 2 months ago.



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