indian political, socio economic panorama & issues (national) MCQ section 4 MCQ Questions & Answers Detailed Explanation

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Questions : Which of the following statements are correct regarding Central Vigilance Commission CV(c)?
  1. Central Vigilance Commission is a statutory body.
  2. It has the powers to exercise superintendence over functioning of the Delhi Special Police Establishment.
  3. The Central Vigilance Commissioner and the Vigilance Commissioners are appointed by the Parliament.
Codes:

(a) 1 and 3 only

(b) 2 and 3 only

(c) 1 and 2 only

(d) All of these

The correct answers to the above question in:

Answer: (c)

The Commissioners in CVC are appointed by the President on the recommendation of a committee consisting of the Prime Minister, a Cabinet Minister and the Leader of the Opposition.

Supreme Court has recently directed the government to not appoint CVC without its approval.

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Question : 1

Which of the following statements is/are correct about ‘Swachh Bharat Kosh’?

  1. Funds will be used for improving cleanliness levels only in rural areas.
  2. It will be under the Ministry of Rural Development.
  3. Its functioning will be monitored on quarterly basis by Union Minister of Agriculture.
Which of the statements given above is/are correct?

a) 1 and 3 only

b) 2 and 3 only

c) 1 and 2 only

d) None of the above

Answer: (d)

Funds will be used for improving cleanliness levels in rural and urban areas, including in schools. It will be under the Ministry of Finance and will be managed by a Governing Council headed by Expenditure Secretary.

Its functioning will be monitored on a quarterly basis by the Finance Minister and by the Prime Minister from time to time.

Question : 2

The first Indian to become the Chairperson of ICC is?

a) Lalit Modi

b) N. Srinivasan

c) Sunil Gavaskar

d) Kapil Dev

Answer: (b)

N. Srinivasan has been appointed as the first Chairman of ICC.

Question : 3

Which of the following are the features of the Insurance Laws (Amendment) Bill being introduced in the parliament?

  1. The bill allows 49% foreign stakes in insurance firms, which may include both foreign direct investment (FDI) and foreign portfolio investment.
  2. The limit for paid-up capital for health insurance firms is Rs 100 crore.
  3. The management of an insurance company can be in foreign hands.
Codes:

a) 1 and 2 only

b) 2 and 3 only

c) 1 only

d) All of these

Answer: (a)

The bill retains the condition that management and control of the company has to remain in Indian hands.

Question : 4

Which of the following statements are correct regarding Rashtriya Mahila Kosh (RMK)?

  1. It is a national credit fund for women under the Ministry of Women and Child Development.
  2. It extends credit to the women in the informal sector.
  3. It extends monetary help to the pregnant women
Codes:

a) 1 and 3 only

b) 2 and 3 only

c) 1 and 2 only

d) All of these

Answer: (c)

There is no provision to extend monetary help to the pregnant women. The target is to cover at least 10 lakh women under Rashtriya Mahila Kosh (RMK) over the next three years.

Question : 5

Consider the following statements:

  1. The Cabinet Committee on Economic Affairs (CCEA) has made packaging of food grains & sugar in jute material mandatory for jute year 2015-16.
  2. As perCCEAguidelines, packaging with jute material will be mandatory for minimum 90 per cent of production in case of foodgrains and 20 per cent in case of sugar production.
Which of the statements given above is/are correct?

a) 2 only

b) Both 1 and 2

c) 1 only

d) None of the above.

Answer: (a)

The Cabinet Committee on Economic Affairs (CCEA) has made packaging of foodgrains & sugar in jute material mandatory for jute year 2014-15.

Question : 6

A panel has been setup by the HRD ministry to restructure the apex regulatory body for higher education i.e., University Grants Commission. Who is the chairman of this panel?

a) Syed Vicaruddin

b) CM Jariwala

c) Kapil kapoor

d) Hari Gautam

Answer: (d)

The four member panel will be headed by former UGC Chairman, Mr. Hari Gautam.

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