12th July 2023 Current Affairs Quiz for UPSC Prelims
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Question 1 of 5
1. Question
2 points
Consider the following statements about the Protection of Plant Varieties and Farmers Rights’ Authority (PPVFRA) Act :
a. The Act provides an effective framework to conserve and encourage the development of various plant varieties.
b. It established an effective system to safeguard and recognise the rights of breeders, researchers and farmers to promote agricultural development in the country.
c. It also facilitates the mushrooming of the Indian seed industry to ensure the availability of highquality seeds and planting materials to farmers.
How many of the statements given above are correct?
Correct
The answer is C.
All three statements are correct.
Statement 1:The Act provides an effective framework to conserve and encourage the development of various plant varieties.
Statement 2: It established an effective system to safeguard and recognise the rights of breeders, researchers and farmers to promote agricultural development in the country.
Statement 3: It also facilitates the mushrooming of the Indian seed industry to ensure the availability of highquality seeds and planting materials to farmers.
Under the Act, the Protection of Plant Varieties and Farmers Rights Authority is set up as a statutory body. India having ratified the Agreement on Trade Related Aspects of the Intellectual Property Rights has to make provision for giving effect to the Agreement. To give effect to the aforesaid objectives the Protection of Plant Varieties and Farmers’ Rights Act, 2001 has been enacted in India
Incorrect
The answer is C.
All three statements are correct.
Statement 1:The Act provides an effective framework to conserve and encourage the development of various plant varieties.
Statement 2: It established an effective system to safeguard and recognise the rights of breeders, researchers and farmers to promote agricultural development in the country.
Statement 3: It also facilitates the mushrooming of the Indian seed industry to ensure the availability of highquality seeds and planting materials to farmers.
Under the Act, the Protection of Plant Varieties and Farmers Rights Authority is set up as a statutory body. India having ratified the Agreement on Trade Related Aspects of the Intellectual Property Rights has to make provision for giving effect to the Agreement. To give effect to the aforesaid objectives the Protection of Plant Varieties and Farmers’ Rights Act, 2001 has been enacted in India
Question 2 of 5
2. Question
2 points
Consider the following statements about the Electoral Bond Scheme:
a. An electoral bond is like a promissory note that can be bought by any Indian citizen or company incorporated in India from select branches of any bank.
b. The bonds are similar to bank notes that are payable to the bearer on demand and are free of interest.
c. Any party that is registered under section 29A of the Representation of the Peoples Act, 1951 (43 of 1951) and has secured at least one per cent of the votes polled in the most recent General elections or Assembly elections is eligible to receive electoral bonds.
d. The electoral bonds will not bear the name of the donor.
How many of the statements given above are correct?
Correct
The answer is c.
Statement 1 is wrong. Statements 2,3 and 4 are correct.
Statement 1: An electoral bond is like a promissory note that can be bought by any Indian citizen or company incorporated in India from select branches of the State Bank of India (not any bank). The citizen or corporate can then donate the same to any eligible political party of his/her choice.
Statement 2: The bonds are similar to bank notes that are payable to the bearer on demand and are free of interest. An individual or party will be allowed to purchase these bonds digitally or through cheque..
Statement 3: Any party that is registered under section 29A of the Representation of the Peoples Act, 1951 (43 of 1951) and has secured at least one per cent of the votes polled in the most recent General elections or Assembly elections is eligible to receive electoral bonds.
Statement 4: The electoral bonds will not bear the name of the donor. Thus, the political party might not be aware of the donor’s identity.
Incorrect
The answer is c.
Statement 1 is wrong. Statements 2,3 and 4 are correct.
Statement 1: An electoral bond is like a promissory note that can be bought by any Indian citizen or company incorporated in India from select branches of the State Bank of India (not any bank). The citizen or corporate can then donate the same to any eligible political party of his/her choice.
Statement 2: The bonds are similar to bank notes that are payable to the bearer on demand and are free of interest. An individual or party will be allowed to purchase these bonds digitally or through cheque..
Statement 3: Any party that is registered under section 29A of the Representation of the Peoples Act, 1951 (43 of 1951) and has secured at least one per cent of the votes polled in the most recent General elections or Assembly elections is eligible to receive electoral bonds.
Statement 4: The electoral bonds will not bear the name of the donor. Thus, the political party might not be aware of the donor’s identity.
Question 3 of 5
3. Question
2 points
Nagorno-Karabakh, which is in the news, is contentious issue between:
Correct
3. The answer is a.
Nagorno-Karabakh, which is in the news, is a contentious issue between Armenia and Azerbaijan. Nagorno-Karabakh also referred to as Artsakh by Armenians, is a landlocked region in the South Caucasus, within the mountainous range of Karabakh, lying between Lower Karabakh and Syunik, and covering the southeastern range of the Lesser Caucasus mountains. Nagorno-Karabakh is a disputed territory, internationally recognized as part of Azerbaijan, but most of it is governed by the unrecognised Republic of Artsakh (also known as the Nagorno-Karabakh Republic (NKR)) since the first Nagorno-Karabakh War. Since the end of the war in 1994, representatives of the governments of Armenia and Azerbaijan have been holding peace talks mediated by the OSCE Minsk Group on the region’s disputed status.
Incorrect
3. The answer is a.
Nagorno-Karabakh, which is in the news, is a contentious issue between Armenia and Azerbaijan. Nagorno-Karabakh also referred to as Artsakh by Armenians, is a landlocked region in the South Caucasus, within the mountainous range of Karabakh, lying between Lower Karabakh and Syunik, and covering the southeastern range of the Lesser Caucasus mountains. Nagorno-Karabakh is a disputed territory, internationally recognized as part of Azerbaijan, but most of it is governed by the unrecognised Republic of Artsakh (also known as the Nagorno-Karabakh Republic (NKR)) since the first Nagorno-Karabakh War. Since the end of the war in 1994, representatives of the governments of Armenia and Azerbaijan have been holding peace talks mediated by the OSCE Minsk Group on the region’s disputed status.
Question 4 of 5
4. Question
2 points
Consider the following statements about E-Rupi:
a. It is a digital voucher which beneficiaries get on their phone in the form of an SMS or QR code.
b. It is a seamless one-time payment mechanism.
c. The user will be able to redeem the voucher without a card, digital payments app or internet banking access, at the merchants accepting e-RUPI.
d. It is equivalent to RBI’s Digital Currency.
How many of the statements given above are correct?
Correct
The answer is c.
Statements 1,2 and 3 are correct. Statement 4 is wrong.
Statement 1: E-Rupi is a digital voucher which beneficiaries get on their phone in the form of an SMS or QR code. It is a pre-paid voucher, which he/she can go and redeem it at any centre that accepts it.
Statement 2: It is a seamless one-time payment mechanism.
Statement 3: The user will be able to redeem the voucher without a card, digital payments app or internet banking access, at the merchants accepting e-RUPI.
Statement 4: It is not equivalent to RBI’s Digital Currency. e-RUPI should not be confused with Digital Currency which the Reserve Bank of India is contemplating. Instead, e-RUPI is a person-specific, even purpose-specific digital voucher.
Incorrect
The answer is c.
Statements 1,2 and 3 are correct. Statement 4 is wrong.
Statement 1: E-Rupi is a digital voucher which beneficiaries get on their phone in the form of an SMS or QR code. It is a pre-paid voucher, which he/she can go and redeem it at any centre that accepts it.
Statement 2: It is a seamless one-time payment mechanism.
Statement 3: The user will be able to redeem the voucher without a card, digital payments app or internet banking access, at the merchants accepting e-RUPI.
Statement 4: It is not equivalent to RBI’s Digital Currency. e-RUPI should not be confused with Digital Currency which the Reserve Bank of India is contemplating. Instead, e-RUPI is a person-specific, even purpose-specific digital voucher.
Question 5 of 5
5. Question
2 points
Consider the following statements about GST Council:
a. It is headed by the Union Commerce Minister.
b. It is a joint forum of the Centre and States.
c. It makes recommendations to the Centre and States about the rates including floor rates with bands of goods and services tax.
How many of the statements given above are correct?
Correct
The answer is b.
Statement 1 is wrong. Statements 2 and 3 are correct.
Statement 1: GST Council is headed by the Union Finance Minister.
Statement 2: It is a joint forum of the Centre and States.
Statement 3:It makes recommendations to the Centre and States about the rates including floor rates with bands of goods and services tax.
Incorrect
The answer is b.
Statement 1 is wrong. Statements 2 and 3 are correct.
Statement 1: GST Council is headed by the Union Finance Minister.
Statement 2: It is a joint forum of the Centre and States.
Statement 3:It makes recommendations to the Centre and States about the rates including floor rates with bands of goods and services tax.
