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DAILY CURRENT AFFAIRS MCQS

By: Mudit Gupta


ABOUT ME

Born and brought up in Delhi

Engineer – Electronics and Communication

College – Jaypee Institute of Information

and Technology, Sector 62, Noida.

CGPA = 8.4/10

LAMP Fellow

DU LLB entrance = AIR 76

Interests Writing and Blogging (Quora and Wordpress) Reading about India


Question-1

Consider the following statements about the ‘Centrally Administered Territories (CAT)’ of India.

1. The sharing of power takes place between the CAT and the Central Government.

2. The relationship between Central Government and CAT is Unitary in nature.

Which of the above statement(s) is/are correct ?

a) Only 1

b) Only 2

c) Both 1 and 2

d) Neither 1 nor 2


• Union Territories

Centrally Administered Areas

• UTs

• Directly controlled and administered by Center

• Under Presidential control

No sharing of power

Unitary structure

• Federal

Relation between states and center


Question-2

Consider the following statements about the ‘Union Territories of India’.

1. Administrator of a Union Territory is the head of the Union Territory.

2. The Governor of a state cannot act as an administrator of an Union Territory simultaneously.

Which of the above statement(s) is/are incorrect ?

a) Only 1

b) Only 2

c) Both 1 and 2

d) Neither 1 nor 2


•Head of the state •Agent of Central Government

•Can be appointed •President would administer

•Through an administrator

•Administrator

•Agent of the President

Article 239 Governor of an adjoining state

Governor Administrator


Question-3

Consider the following statements about the ‘Relation between Parliament and Union Territories’.

1. Parliament can legislate upon the subjects of all the 3 lists of the 7th

Schedule as far as the UTs are concerned.

2. Puducherry and Delhi cannot legislate upon the matters of Land, Police and Public order.


a) Only 1

b) Only 2

c) Both 1 and 2

d) Neither 1 nor 2


Union List Only Parliament

State List Parliament

Delhi (Not on Police, Land and Public order)

Puducherry

Concurrent List

Parliament

Delhi

Puducherry


Question-4

Consider the following statements about ‘Acquired Territories of India’.

1. Sikkim is considered as an acquired territory by the Central Government.

2. All the acquired territories are treated in the same manner as the states of the Union of India.


a) Only 1

b) Only 2

c) Both 1 and 2

d) Neither 1 nor 2


No acquired territory as of

now.

Union of India

• Article 1

• States

• UTs

• Acquired Territories

Treated similar to UTs


Question-5

Consider the following statements about the ‘NCT of Delhi’.

1. The strength of the Council of Ministers cannot be more than 10% of the total strength of the Assembly.

2. The Chief Minister of Delhi is appointed by the Lt. Governor of Delhi.


a) Only 1

b) Only 2

c) Both 1 and 2

d) Neither 1 nor 2


Strength of Delhi Assembly

70

Strength of Council of Ministers

• 7

• Including Chief Minister

Chief Minister

and other Ministers

• President

• Holds office during the pleasure of the President.


WHY IN NEWS ?

Supreme Court

Case

Delhi Government

Challenging the position of Lt. Governor

Article 239AA(4)

Lt. Governor can have a different opinion

Not bound by the aid and advice of the Delhi Council of Ministers

Cannot sit on a proposal


Question-6

Consider the following statements about ‘FASTags’.

1. They use Infrared rays.

2. They can operate within hundreds of meters from their source.

3. Bar Code and NFC technologies are for a shorter range where FASTags are for a long range.


a) Only 3

b) 1,3

c) 2,3

d) 1,2,3


FASTags

Bar Code

• RFID Technology

• Radio Frequency Identification

• Long range

• Hundreds of Meters

• Line of Sight


Why in news ?

1st December, 2017

All new 4-wheelers

Mandatory FASTags


Question-7

Consider the following statements about ‘Geographical Indicators in India’.

1. They are governed by Geographical Indication of Goods Act, 1999.

2. Kancheepuram Saree was the first product to get the GI tag.

3. It is granted by the Ministry of Commerce and Industry.

4. The GI tag is covered under the TRIPS Agreement as well.


a) 1,2,3

b) 1,3,4

c) 2,3,4

d) 1,2,3,4


Geographical Indication of

Goods Act, 1999

Ministry of Commerce and

Industry

Darjeeling Tea

• First GI

Etikopakka Toys

• GI Tag

• Andhra Pradesh


Benefits

Global recognition

More profit

People of other regions can’t use the same tag


Question-8

Consider the following statements about the ‘Legal Entity Identifier (LEI) ‘.

1. It is a 10-Digit alpha-numeric code.

2. It would be issued by LEI India Limited.

3. All the firms having borrowing of more than Rs.5 Crore need to get this alpha-numeric code.


a) 1,3

b) 2,3

c) 1,2,3

d) Only 3


LEI

20 Digit Alpha-Numeric code

LEI India Limited

Wholly owned subsidiary of

Clearing Corporation of India

Set up under Payments and

Settlements Act,2007

All entities having a debt of more

than 5 crore

LEI


Advantages

Know financial status of a firm

Global nature of LEI

The status of collateral can be known

Deal with stressed assets


Question-9 Which of the following factors favor ‘Depreciation of Rupee’ vis-à-vis US Dollar ?

1. Tapering of Quantitative Easing by Federal Reserve.

2. Rise in the interest rate by Bank of England.

3. Decline in the crude oil prices

4. Current Account Deficit

Choose the correct option.

a) 1,2,4

b) 2,3,4

c) 1,3,4

d) 1,2,3,4


US Federal Reserve

• Increasing interest rates

• Reverse the Quantitative Easing process

Bank of England

• Rising interest rates


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