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Question 1 of 5
1. Question
1 pointsConsider the following statements about PLI Scheme
1. The PLI scheme aims to boost domestic manufacturing and cut down on imports by providing cash incentives on incremental sales from products manufactured in the country.
2. Besides inviting foreign companies to set shop in India, the scheme aims to encourage local companies to set up or expand, existing manufacturing units.
Which of the statements given above is/are correct?Correct
-Statement 1 is correct. The Union Cabinet has approved the production-linked incentive scheme for the telecom sector with an outlay of ₹12,195 crores over five years. The PLI scheme aims to boost domestic manufacturing and cut down on imports by providing cash incentives on incremental sales from products manufactured in the country.
-Statement 2 is correct. Besides inviting foreign companies to set shop in India, the scheme aims to encourage local companies to set up or expand, existing manufacturing units.Incorrect
-Statement 1 is correct. The Union Cabinet has approved the production-linked incentive scheme for the telecom sector with an outlay of ₹12,195 crores over five years. The PLI scheme aims to boost domestic manufacturing and cut down on imports by providing cash incentives on incremental sales from products manufactured in the country.
-Statement 2 is correct. Besides inviting foreign companies to set shop in India, the scheme aims to encourage local companies to set up or expand, existing manufacturing units. -
Question 2 of 5
2. Question
1 pointsNew York Convention, recently seen in news is related to which of the following?
Correct
-The Convention on the Recognition and Enforcement of Foreign Arbitral Awards is commonly known as the New York Convention.
-It was adopted by a UN diplomatic conference on 10 June 1958 and entered into force on 7 June 1959.
-It requires courts of contracting states to give effect to private agreements to arbitrate and to recognize and enforce arbitration awards made in other contracting states.Incorrect
-The Convention on the Recognition and Enforcement of Foreign Arbitral Awards is commonly known as the New York Convention.
-It was adopted by a UN diplomatic conference on 10 June 1958 and entered into force on 7 June 1959.
-It requires courts of contracting states to give effect to private agreements to arbitrate and to recognize and enforce arbitration awards made in other contracting states. -
Question 3 of 5
3. Question
1 pointsConsider the following statements about Extinction Rebellion
1. It is a decentralized, international and politically non-partisan movement using non-violent direct action and civil disobedience.
2. It aims to persuade governments to act justly on the Climate and Ecological Emergency.
Which of the statements given above is/are correct?Correct
-Statement 1 is correct. The global movement Extinction Rebellion also referred to as ‘XR’, describes itself as a decentralized, international and politically non-partisan movement using non-violent direct action and civil disobedience.
-Statement 2 is correct. It aims to persuade governments to act justly on the Climate and Ecological Emergency.Incorrect
-Statement 1 is correct. The global movement Extinction Rebellion also referred to as ‘XR’, describes itself as a decentralized, international and politically non-partisan movement using non-violent direct action and civil disobedience.
-Statement 2 is correct. It aims to persuade governments to act justly on the Climate and Ecological Emergency. -
Question 4 of 5
4. Question
1 pointsWhich of the following are features of Money Bills?
1. Imposition, abolition, remission, alteration or regulation of any tax
2. Appropriation of money out of the CFI
3. Regulation of the borrowing of money by the GOI
4. Custody of the Consolidated Fund of India (CFI) or the Contingency Fund of India, the payment of money into or the withdrawal of money from any such fund
Select the correct answer using the codes given belowCorrect
-A money bill is defined by Article 110 of the Constitution, as a draft law that contains only provisions that deal with all or any of the matters listed therein.
-These comprise a set of seven features, broadly including items such as-
• Imposition, abolition, remission, alteration or regulation of any tax
• Regulation of the borrowing of money by the GOI
• Custody of the Consolidated Fund of India (CFI) or the Contingency Fund of India, the payment of money into or the withdrawal of money from any such fund
• Appropriation of money out of the CFI
• Declaration of any expenditure charged on the CFI or increasing the amount of any such expenditure
• Receipt of money on account of the CFI or the public account of India or the custody or issue of such money, or the audit of the accounts of the Union or of a state
• Any matter incidental to any of the matters specified above.Incorrect
-A money bill is defined by Article 110 of the Constitution, as a draft law that contains only provisions that deal with all or any of the matters listed therein.
-These comprise a set of seven features, broadly including items such as-
• Imposition, abolition, remission, alteration or regulation of any tax
• Regulation of the borrowing of money by the GOI
• Custody of the Consolidated Fund of India (CFI) or the Contingency Fund of India, the payment of money into or the withdrawal of money from any such fund
• Appropriation of money out of the CFI
• Declaration of any expenditure charged on the CFI or increasing the amount of any such expenditure
• Receipt of money on account of the CFI or the public account of India or the custody or issue of such money, or the audit of the accounts of the Union or of a state
• Any matter incidental to any of the matters specified above. -
Question 5 of 5
5. Question
1 pointsConsider the following statements regarding North-Eastern Council
1. It was established under the provisions of States Reorganization Act of 1956.
2. It is a statutory body with Governors and Chief Ministers of all the eight North Eastern States as its Member.
3. North Eastern Council functions directly under Ministry of Home Affairs.
Which of the statements given above is/are correct?Correct
-Statement 1 is incorrect. A North-Eastern Council was created by a separate Act of Parliament—the North Eastern Council Act of 1971.
-Statement 2 is correct. It is a statutory body with Governors and Chief Ministers of all the eight North Eastern States as its Member.
– Statement 3 is correct. North Eastern Council functions directly under Ministry of Home Affairs.Incorrect
-Statement 1 is incorrect. A North-Eastern Council was created by a separate Act of Parliament—the North Eastern Council Act of 1971.
-Statement 2 is correct. It is a statutory body with Governors and Chief Ministers of all the eight North Eastern States as its Member.
– Statement 3 is correct. North Eastern Council functions directly under Ministry of Home Affairs.
Leaderboard: 19th February 2021 | Prelims Daily with Previous Year Questions
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