GK Quiz | 28 May 2020

1. Which of the following is true about the 5^th schedule of the constitution?

1. The President has the power to declare an area as Scheduled Area.
2. Tribal Advisory Council in each schedule area is established by the particular state.
3. Both statements are true.
4. None of the statements is true.

Ans.  A

Explanation

According to article 244 (1) of the constitution, the Scheduled area is such area as the President by order may declare. They are listed under the 5^th schedule of the constitution and do not include the tribal areas of Assam, Meghalaya, Tripura, Mizoram which are listed under the 6^th schedule of the constitution.

According to the constitution, the Tribal Advisory Councils are to be established in each scheduled area and by the President in Non- scheduled areas where there is a significant tribal population. The tribal council is constituted to look for the peace and administration of the area of the schedule. It consists of 20 members, 3/4 of whom shall be the representative from the state assembly. The governor is tasked with declining the number of members in the council, do their appointment, and any other matter related to the council.

Hence, the correct answer is A.

 

2. Which of the following is true about the Financial Stability and Development Council?

1. The recommendation of constituting such a council was first given by Raghuram Rajan Committee.
2. It regulates different regulatory bodies related to the financial sector.
3. It was constituted under the FSDC Act 2010.
4. It is headed by the Union Finance Minister.

Select the correct answer from the codes given below:

1. 1,2,3 and 4
2. 1,3 and 4
3. 1 and 4
4. 2 and 3

Ans. C

Explanation

Financial Stability and Development Council (FSDC) constituted in 2010 under the head of Union Finance Minister is a super-regulatory body and aims to create coordination among different financial regulators besides creating financial awareness, literacy, promoting financial inclusion, providing macro-prudential supervision of the economy, etc.

It is an autonomous body under the Finance Ministry. It is not a statutory body. Its members are Governor, Reserve Bank of India; Department of Financial Services; Chief Economic Adviser, Ministry of Finance, Finance Secretary and/or Secretary, Department of Economic Affairs; Chairman, Securities and Exchange Board of India; Chairman, Insurance Regulatory and Development Authority and Chairman, Pension Fund Regulatory and Development Authority.

It also includes the chairman of the Insolvency and Bankruptcy Board (IBBI) and secretary, MeitY.

Hence, the correct answer is C.

 

3. Which of the following is true about the Galwan river?

1. It is a tributary of the Indus river.
2. It originates in Pakistan and merges with the Kabul river in Sialkot.
3. The river makes boundary with Jammu and Kashmir.

Select the correct answer from the codes given below:

1. 1,2 and 3
2. 1 only
3. 1 and 2
4. 2 and 3

Ans. B

Explanation

The river originates in the Samzungling region of Xinxiang and flows through disputed Aksai Chin to Ladakh. It flows to join the Shyok river in the west. Thus, it is an upstream tributary of the Indus river.

The river is disputed between India and China as the river flows to the west of China’s claims of Aksai Chin in 1956. In 1960s, China advanced westward further west to the river while India continued its claim on whole Aksai Chin plateau.

(Source: BBC)

Hence, the correct answer is B.

 

4. One Country two system principle of China applies to

1. Hongkong
2. Taiwan
3. Macau
4. Nanking

Select the correct answer from the codes given below:

1. 1,2,3 and 4
2. 1,2 and 3
3. 1 and 3
4. 2 only

Ans.  C

Explanation

According to the principle of ‘One Country two Systems’ followed by People Republic of China, Macau and Hong Kong were given the status of Special Administrative Region under which both regions can have different administrative and economic governance but will remain a part of China.

China claims Taiwan to be its part under the same principle but it is not considered by Taiwan.

China has approved the National Security Law which has drawn a huge criticism as the law aims at curbing the self- governance rights of Hong  Kong.

Hence, the correct answer is C.

 

5. Touplev PAKDA is a-

1. A rocket launcher of Russia
2. Frigate developed by the U.S
3. Stealth bomber developed by Russia
4. None of the above

Ans.  C

Explanation

Perspective Aviation Complex for Long-Range Aviation (PAKDA) program is related to Russia under which Russia aimed to modernize and strengthen its airforce. Under this program, Russia has started construction of its first stealth bomber called Topulev PAKDA. Stealth bombers are designed to evade radar systems.

Hence the correct answer is C.