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

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    Q.1) Consider the following statements about ‘Public Health Foundation of India (PHFI)’:
    1. The Public Health Foundation of India was created as a public-private initiative and launched by the former Prime minister of India in 2006.
    2. The foundation was established with the aim of enhancing the capacity of public health professionals in the country over five to seven years.
    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: The Public Health Foundation of India (PHFI) is an autonomous foundation located in New Delhi, India. The PHFI initiative was collaboratively developed over two years under the leadership of the Ministry of Health and Family Welfare and Prof. K. Srinath Reddy (President, PHFI and former Head of the Department of Cardiology, AIIMS). Responding to requests for information under the Right to Information Act, 2005, the Ministry of Health and Family Welfare and PHFI have stated that PHFI was neither a ‘public-private partnership’ (PPP).India faces a severe shortfall of public health professionals, and capacity building efforts are urgently required to address its emerging public health challenges.
    Source: http://economictimes.indiatimes.com/news/politics-and-nation/centre-grills-ngo-linked-with-gates-foundation/articleshow/58269978.cms

     

    Q.2) Consider the following statements in regard with ‘Niyamgiri Suraksha Samiti (NSS)’:
    1. Niyamgiri Suraksha Samiti (NSS) is a committee formed to safeguard interests of tribals living on Niyamgiri hill slopes of Madhya Pradesh.
    2. The Samiti has been opposing bauxite mining in Madhya Pradesh’s Niyamgiri hills since 2003.
    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. (d)
    Explanation: The Niyamgiri Suraksha Samiti (NSS), the organisation that has been opposing bauxite mining in Odisha’s Niyamgiri hills since 2003, it strongly denied that it was working as a front organisation for the Maoists. The samiti has been fighting to protect the interests of the tribal people living in Niyamgiri hills much before the Maoists started their activities in the region. It has asserted that the worship rights of the tribals will affected if mining is allowed at this hill range, considered sacred by the indigenous Dongaria Kondhs.
    Source: http://www.thehindu.com/todays-paper/tp-national/not-a-front-for-maoists-says-niyamgiri-samiti/article18090232.ece

     

    Q.3) Consider the following statements about ‘The Central Drugs Standard Control Organization (CDSCO)’:
    1. The Central Drugs Standard Control Organization (CDSCO) is the national regulatory body for Indian pharmaceuticals and medical devices.
    2. The Drug Controller General of India (DCGI) within the CDSCO, regulates pharmaceutical and medical devices, under the gamut of Ministry of Health and Family Welfare.
    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: The DCGI is advised by the Drug Technical Advisory Board (DTAB) and the Drug Consultative Committee (DCC). It is divided into zonal offices which do pre-licensing and post-licensing inspections, post-market surveillance, and recalls when needed.
    Though the CDSCO has a good track record with the World Health Organization, it has also been accused of past collusion with independent medical experts and pharmaceutical companies.[6] CDSCO plans to open international offices in Beijing, China.
    Source: http://www.cdsco.nic.in/forms/contentpage1.aspx?lid=962

     

    Q.4) Recently, Which of the following high level committee formed to review institutionalization of Arbitration mechanism in India.
    a) Madhav Menon committee
    b) B N Srikrishna committee
    c) Vinod Rai committee
    d) Bibek Debroy Committee
    Ans. (b)
    Explanation: Constitution of high level committee to review Institutionalization of Arbitration Mechanism in India. Justice Dispensing System in India has come under great stress for various reasons including huge pendency of cases in various courts. The injustice is particularly egregious in commercial disputes, where cases remain pending for years. Accordingly, arbitration provides an effective and efficient alternative window for dispute resolution.

    Titbits: The Government of India has laid emphasis on making Arbitration a preferred mode for settlement of commercial disputes. We have been taking legislative and administrative initiatives on arbitration which aim at minimizing court intervention, bring down costs, fix timelines for expeditious disposal, and ensure neutrality of arbitrator and enforcement of awards. The Arbitration and Conciliation (Amendment) Act, 2015 envisages quick enforcement of contracts, easy recovery of monetary claims, reduce the pendency of cases in courts and hasten the process of dispute resolution through arbitration, so as to encourage foreign investment by projecting India as an investor friendly country having a sound legal framework and ease of doing business in India.
    Source: http://www.business-standard.com/article/economy-policy/govt-sets-up-committee-to-recommend-ways-to-make-arbitration-more-efficient-116122900932_1.html

     

    Q.5) Dongria Kondh and Kutia Kondh tribals was sometimes in the news, this tribals are from
    a) Odisha
    b) Bihar
    c) Tamil Nadu
    d) Assam
    Ans. (a)
    Explanation: In 2013, as many as 12 gram sabhas of Dongria Kondh and Kutia Kondh tribals in Niyamgiri hills spread across Rayagada and Kalahandi districts had voted against any mining activity in the area. Last year, the Supreme Court quashed a petition by the Odisha Mining Corporation to hold fresh gram sabha consultations to allow bauxite mining on Niyamgiri hills. The Dongria Kondh tribals have been caught in the crossfire between security forces and Maoists in recent years.
    Source: http://www.thehindu.com/todays-paper/tp-national/not-a-front-for-maoists-says-niyamgiri-samiti/article18090232.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 – Economics

     

    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 – Economics

     

    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 – Economics


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  • Profile photo of Sandeep Kumar Sandeep Kumar @sandeep-kumar

    Apologize for pasting wrong question

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

    1-C. Delhi based. Recently, FCRA registration was cancelled.
    2-D. Niyamgiri hills in Odisha.
    3-
    4-
    5-A. Against Bauxite mining by Vedanta Group.They are PVTGs.
    6-B
    7-C
    8-D. Portfolio investment – FII

  • Profile photo of avancha anil avancha anil @avancha-anil

    1)c(guess)
    2)d(they belong to odisha)
    3)c
    4)b
    5)a(they inhabit niyamigiri hills and own battle against Vedanta bauxite mining comapny)
    6)b
    7)c
    8)d

  • Profile photo of Kunal Aggarwal Kunal Aggarwal @kunalaggarwal

    1 – c
    2 – c [guess]
    3 –
    4 – b
    5 – a
    6 – b
    7 – c
    8 – d

  • Profile photo of Vivek Singh Vivek Singh @viveksingh

    1-b (ngo)
    2-c
    3-c
    4-b
    5-a
    6-b
    7-c
    8-d

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This topic contains 5 replies, has 6 voices, and was last updated by Profile photo of Sandeep Kumar Sandeep Kumar 2 months ago.



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