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Question 1 of 5
1. Question
1 pointsWith reference to Foreign Contribution (Regulation) Amendment Bill, 2020 consider the following provisions?
1. Under the Act, certain persons like election candidates and political parties are eligible to accept any foreign contribution.
2. No Aadhar is mandatory for such accepting foreign contributions.
3. Under the Act, the government may suspend the registration of a person for a period not exceeding 180 days.Which of the above statement(s) is/are correct?
Correct
Explanation:
Prohibition to accept foreign contribution:
Under the Act, certain persons are prohibited to accept any foreign contribution. Hence, statement 1 is incorrect
These include election candidates, editor or publisher of a newspaper, judges, government servants, members of any legislature, and political parties, among others.
The Bill adds public servants (as defined under the Indian Penal Code) to this list.
Public servants include any person who is in service or pay of the government or remunerated by the government for the performance of any public duty.Aadhaar for registration:
The Act states that a person may accept foreign contribution if they have: (i) obtained a certificate of registration from central government, or (ii) not registered, but obtained prior permission from the government to accept foreign contribution. Hence statement 2 is incorrect.
Any person seeking registration (or renewal of such registration) or prior permission for receiving the foreign contribution must make an application to the central government in the prescribed manner.Suspension of registration
Under the Act, the government may suspend the registration of a person for a period not exceeding 180 days.
The Bill adds that such suspension may be extended up to an additional 180 days.
Hence statement 3 is correctIncorrect
Explanation:
Prohibition to accept foreign contribution:
Under the Act, certain persons are prohibited to accept any foreign contribution. Hence, statement 1 is incorrect
These include election candidates, editor or publisher of a newspaper, judges, government servants, members of any legislature, and political parties, among others.
The Bill adds public servants (as defined under the Indian Penal Code) to this list.
Public servants include any person who is in service or pay of the government or remunerated by the government for the performance of any public duty.Aadhaar for registration:
The Act states that a person may accept foreign contribution if they have: (i) obtained a certificate of registration from central government, or (ii) not registered, but obtained prior permission from the government to accept foreign contribution. Hence statement 2 is incorrect.
Any person seeking registration (or renewal of such registration) or prior permission for receiving the foreign contribution must make an application to the central government in the prescribed manner.Suspension of registration
Under the Act, the government may suspend the registration of a person for a period not exceeding 180 days.
The Bill adds that such suspension may be extended up to an additional 180 days.
Hence statement 3 is correct -
Question 2 of 5
2. Question
1 pointsWith reference to Basel Norms, consider the following statements:
1. The purpose of the Basel Accord is to ensure that financial institutions have enough capital on account to meet obligations and absorb unexpected losses.
2. India yet to accepted Basel accords for the banking system.Which of the above statement(s) is/are correct?
Correct
What are Basel Norms?
Basel is a city in Switzerland. It is the headquarters of the Bureau of International Settlement (BIS), which fosters co-operation among central banks with a common goal of financial stability and common standards of banking regulations.
Basel guidelines refer to broad supervisory standards formulated by this group of central banks – called the Basel Committee on Banking Supervision (BCBS).
The set of the agreement by the BCBS, which mainly focuses on risks to banks and the financial system is called Basel accord.
The purpose of the accord is to ensure that financial institutions have enough capital on account to meet obligations and absorb unexpected losses. Hence statement 1 is correct
India has accepted Basel accords for the banking system. Hence statement 2 is incorrectIncorrect
What are Basel Norms?
Basel is a city in Switzerland. It is the headquarters of the Bureau of International Settlement (BIS), which fosters co-operation among central banks with a common goal of financial stability and common standards of banking regulations.
Basel guidelines refer to broad supervisory standards formulated by this group of central banks – called the Basel Committee on Banking Supervision (BCBS).
The set of the agreement by the BCBS, which mainly focuses on risks to banks and the financial system is called Basel accord.
The purpose of the accord is to ensure that financial institutions have enough capital on account to meet obligations and absorb unexpected losses. Hence statement 1 is correct
India has accepted Basel accords for the banking system. Hence statement 2 is incorrect -
Question 3 of 5
3. Question
1 pointsThe term ‘Medicanes’ recently seen in the news in the context of:
Correct
Very recently, a medicane named Ianos made landfall along the coast of Greece and caused heavy rainfall and flooding on the islands of Zakynthos, Kefalonia and Ithaca.
What are Medicanes?
Medicanes are extra-tropical hurricanes observed over the Mediterranean Sea.
Medicanes occur more in colder waters than tropical cyclones, hurricanes and typhoons.
Hence, the cores of these storms are also cold, as compared to the warm cores of tropical cyclones.
Warmer cores tend to carry more moisture (hence rainfall), are bigger in size and have swifter winds.
The main societal hazard posed by Medicanes is not usually from destructive winds but through life-threatening torrential rains and flash floods.Incorrect
Very recently, a medicane named Ianos made landfall along the coast of Greece and caused heavy rainfall and flooding on the islands of Zakynthos, Kefalonia and Ithaca.
What are Medicanes?
Medicanes are extra-tropical hurricanes observed over the Mediterranean Sea.
Medicanes occur more in colder waters than tropical cyclones, hurricanes and typhoons.
Hence, the cores of these storms are also cold, as compared to the warm cores of tropical cyclones.
Warmer cores tend to carry more moisture (hence rainfall), are bigger in size and have swifter winds.
The main societal hazard posed by Medicanes is not usually from destructive winds but through life-threatening torrential rains and flash floods. -
Question 4 of 5
4. Question
1 pointsThe Atlantic Charter recently seen in the news is closely associated with:
Correct
Explanation:
Birth of United Nations
The United Nations was born out of the horrors of World War II.
At the time of its foundation, it was primarily tasked with the goal of maintaining world peace and saving future generations from the evils of war.
A historical backgrounder
The UN was born out of the ashes of yet another international organisation created with the intention of keeping war away.
The League of Nations was created in June 1919, after World War I, as part of the Treaty of Versailles.
However, when the Second World War broke out in 1939, the League closed down and its headquarters in Geneva remained empty throughout the war.
Consequently, in August 1941, American President Franklin D. Roosevelt and British PM Winston Churchill held a secret meeting aboard naval ships in Placenta Bay, located in the southeast coast of Newfoundland, Canada.
The Atlantic Charter
The heads of the two countries discussed the possibility of creating a body for international peace effort and a range of issues related to the war.
Together they issued a statement that came to be called the Atlantic Charter. It was not a treaty, but only an affirmation that paved the way for the creation of the UN.
It declared the realization of “certain common principles in the national policies of their respective countries on which they based their hopes for a better future for the world.”
The name ‘UN’
The United States joined the war in December 1941, and for the first time the term ‘United Nations’ was coined by president Roosevelt to identify those countries which were allied against the axis powers.
On January 1, 1942, representatives of 26 allied nations met in Washington DC to sign the declaration of the United Nations, which basically spelt out the war objectives of the Allied powers.
Over the next couple of years, several meetings took place among the Allied big four — The USA, the Soviet Union, the UK and China — to decide on the post-war charter that would describe the precise role of the UN.Incorrect
Explanation:
Birth of United Nations
The United Nations was born out of the horrors of World War II.
At the time of its foundation, it was primarily tasked with the goal of maintaining world peace and saving future generations from the evils of war.
A historical backgrounder
The UN was born out of the ashes of yet another international organisation created with the intention of keeping war away.
The League of Nations was created in June 1919, after World War I, as part of the Treaty of Versailles.
However, when the Second World War broke out in 1939, the League closed down and its headquarters in Geneva remained empty throughout the war.
Consequently, in August 1941, American President Franklin D. Roosevelt and British PM Winston Churchill held a secret meeting aboard naval ships in Placenta Bay, located in the southeast coast of Newfoundland, Canada.
The Atlantic Charter
The heads of the two countries discussed the possibility of creating a body for international peace effort and a range of issues related to the war.
Together they issued a statement that came to be called the Atlantic Charter. It was not a treaty, but only an affirmation that paved the way for the creation of the UN.
It declared the realization of “certain common principles in the national policies of their respective countries on which they based their hopes for a better future for the world.”
The name ‘UN’
The United States joined the war in December 1941, and for the first time the term ‘United Nations’ was coined by president Roosevelt to identify those countries which were allied against the axis powers.
On January 1, 1942, representatives of 26 allied nations met in Washington DC to sign the declaration of the United Nations, which basically spelt out the war objectives of the Allied powers.
Over the next couple of years, several meetings took place among the Allied big four — The USA, the Soviet Union, the UK and China — to decide on the post-war charter that would describe the precise role of the UN. -
Question 5 of 5
5. Question
1 pointsWhich of the following are the objectives of ‘National Nutrition Mission’?
- To create awareness relating to malnutrition among pregnant women and lactating mothers.
- To reduce the incidence of anaemia among young children, adolescent girls and women.
- To promote the consumption of millets, coarse cereals and unpolished rice.
- To promote the consumption of poultry eggs.
Select the correct answer using the code given below:
Correct
Explanation: The key objectives of the National Nutrition Mission are:
- To create awareness relating to malnutrition amongst pregnant women, lactating mothers, promote healthy lactating practices and importance of balanced nutrition;
- To improve maternal and child under-nutrition in 200 high burdened districts and to prevent and reduce the under-nutrition prevalent among children below 3 years;
- To reduce incidence of anaemia among young children, adolescent girls and women.
Eggs and dairy products are a good source of vitamin B12 whose deficiency can lead to anaemia
Incorrect
Explanation: The key objectives of the National Nutrition Mission are:
- To create awareness relating to malnutrition amongst pregnant women, lactating mothers, promote healthy lactating practices and importance of balanced nutrition;
- To improve maternal and child under-nutrition in 200 high burdened districts and to prevent and reduce the under-nutrition prevalent among children below 3 years;
- To reduce incidence of anaemia among young children, adolescent girls and women.
Eggs and dairy products are a good source of vitamin B12 whose deficiency can lead to anaemia
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In the first question the 3rd statement says that the suspension cannot exceed 180 days. but the amendment makes it possible to extend the suspension for further 180 days. That should make the 3rd statement false.