7 Nov 2017 | Prelims Daily with Previous Year Questions & Tikdams

Q.1) With reference to ‘Farmer Groups’ under the Farmer Producer Organisations, consider the following statements:
1. They can register themselves under the Indian Companies Act.
2. These groups can be created at the state level.
Which of the statements given above is/are correct?
(a) Neither 1 nor 2
(b) 2 only
(c) Both 1 and 2
(d) 1 only

Q.2) The ‘Strait of Hormuz’ touches which of the following countries in the middle east?
1. Iran
2. UAE
3. Oman
Select the correct answer using the codes given below.
(a) 1, 2 and 3
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1 and 2 only

Q.3) Consider the following statements regarding the ‘Quadrilateral Grouping,’ which is often seen in news:
1. It is a grouping proposed by Russia.
2. It will help Indo-Pacific countries in debt related issues.
Which of the statements given above is/are correct?
(a) 1 only
(b) Both 1 and 2
(c) Neither 1 nor 2
(d) 2 only

Q.4) The National Financial Reporting Authority (NFRA), recently seen in news, is a body proposed in
(a) the Companies Act
(b) the RBI Act
(c) the Banking Act
(d) None of the above

Q.5) CATOBAR and EMALS technologies, recently seen in news, are used in which of the following warships?
(a) Air-Craft Carriers
(b) Destroyers
(c) Frigates
(d) Patrol Vessels

Q.6) A sandy and saline area is the natural habitat of an Indian animal species. The animal has no predators in that area but its existence is threatened due to the destruction of its habitat. Which one of the following could be that animal ?
a) Indian wild buffalo.
b) Indian wild ass.
c) Indian wild boar.
d) Indian gazelle.

Q.7) La Nina is suspected to have caused recent floods in Australia. How is La Nina different from EI Nino ?
1. La Nina is characterized by un­usually cold ocean temperature in equatorial Indian ocean whereas EI Nino is characterized by unusually warm ocean temperature in the equatorial pacific ocean.
2. EI Nino has adverse effect on south­west monsoon of India, but La Nina has no effect on monsoon climate.
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.

Q.8) The tendency for increased litigation was visible after the introduction of the land settlement system of lord Cornwallis in 1793. The reason for this is normally traced to which of the following provisions ?
a) Making zamindar’s position stronger vis­à­vis the ryot.
b) Making east India company
c) Making judicial system more efficient.
d) None of the above.

Solutions:

(1). Answer: (c)
FPO is one of the important initiatives taken by the Department of Agriculture and Cooperation of the Ministry of Agriculture to mainstream the idea of promoting and strengthening member-based institutions of farmers.
As per the concept, farmers, who are the producers of agricultural products, can form groups and register themselves under the Indian Companies Act. These can be created both at State, cluster, and village levels. It is aimed at engaging the farmer companies to procure agricultural products and sell them.

(2). Answer: (a)
The Strait of Hormuz Tangeye Hormoz About this sound listen (help·info) is a strait between the Persian Gulf and the Gulf of Oman. It provides the only sea passage from the Persian Gulf to the open ocean and is one of the world’s most strategically important choke points. On the north coast lies Iran, and on the south coast the United Arab Emirates and Musandam, an exclave of Oman. At its narrowest, the strait has a width of 29 nautical miles (54 km).
About 20% of the world’s petroleum (about 35% of the petroleum traded by sea) passes through the strait, making it a highly important strategic location for international trade.

(3). Answer: (d)
Japan has proposed a “Quadrilateral” grouping consisting of India, Australia, USA and Japan. The purpose is to provide alternative debt financing for countries in the Indo-Pacific.

(4). Answer: (a)
National Financial Reporting Authority (NFRA) is a body proposed in Companies Act 2013 for the establishment and enforcement of accounting and auditing standards and oversight of the work of auditors. The ministry of corporate affairs has issued rules that will give the National Financial Reporting Authority (NFRA) an overarching role to regulate chartered accountants and set standards.

(5). Answer: (a)
CATOBAR (Catapult Assisted Take-Off But Arrested Recovery or Catapult Assisted Take-Off Barrier Arrested Recovery) is a system used for the launch and recovery of aircraft from the deck of an aircraft carrier. Under this technique, aircraft launch using a catapult-assisted take-off and land on the ship (the recovery phase) using arrestor wires.
The Electromagnetic Aircraft Launch System (EMALS), is a type of aircraft launching system currently under development by the General Atomics for United States Navy. EMALS launches carrier-based aircraft from an aircraft catapult using a linear motor drive instead of the conventional steam piston drive. EMALS was developed for the Navy’s Gerald R. Ford-class aircraft carriers.
The U.S. has offered India its latest EMALS technology, developed by General Atomics Aeronautical Systems Inc., which has just been installed on the Gerald Ford carrier.

(6). Answer: (b)
The Indian wild ass are also called as ghudkhuer in local Gujrati language, is a subspecies of the onager native of South Asia. It is unknown how they disappeared though they have never been hunting target during any emperors in India. The history speaks that their number has been declining after due to diseases such as surra and horse sickness. The process related to salt activities have also been a reason behind it.

(7). Answer: (d)
La Nina is a cold current flowing accross the west coast of South America. It is characterized by the low and high pressure prevai ling i n t he Pacific Ocean. Low pressure there brings good moonsoon to Indian subcontinent.

(8). Answer: (d)
That the reforms of Cornwallis had increased the litigation and the main reason for this was the Court Fee was removed and now every body could drag anybody to courts. The extension to right of appeal was also one of the reasons. Court fees were abolished by Cornwallis. Lawyers were to prescribe their fees. Ordinary people could sue the Government servants (Indians) if they committed mistakes. Inhuman punishments such as cutting limbs, cutting nose and ears were abolished. These are some of the reasons that led to increased litigation. The reasons given in the options don’t seem to fit in the criteria of the reforms of Cornwallis.


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