UPSC PRELIMINARY MOCK TEST 40

 

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UPSC PRELIMINARY MOCK TEST 40

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Question 1
"This is a special provision provided in the Constitution by which Government obtains the Vote of Parliament for a sum sufficient to incur expenditure on various items for a part of the year." Which among the following feature is described in the above passage?
A
Vote of credit
B
Token Grant
C
Vote on account
D
Exceptional Grant
Journalism Questions answers

Question 1 Explanation: 
The Appropriation Bill becomes the Appropriation Act after it is assented to by the President. This act authorises (or legalises) the payments from the Consolidated Fund of India. This means that the government cannot withdraw money from the Consolidated Fund of India till the enactment of the appropriation bill. This takes time and usually goes on till the end of April. But the government needs money to carry on its normal activities after 31 March (the end of the financial year). To overcome this functional difficulty, the Constitution has authorised the Lok Sabha to make any grant in advance in respect to the estimated expenditure for a part of the financial year, pending the completion of the voting of the demands for grants and the enactment of the appropriation bill. This provision is known as the 'vote on account'. It is passed (or granted) after the general discussion on budget is over. It is generally granted for two months for an amount equivalent to one-sixth of the total estimation.
Question 2
Consider the following statements.
  1. Participatory Notes are offshore derivative instruments
  2. Participatory notes are issued by brokers and FIIs registered with SEBI.
  3. They are used outside India for making investments in shares listed in the Indian stock market.
Which of the above statements are correct?
A
1 and 2 only
B
1 and 3 only
C
2 and 3 only
D
All of the above
Geography Questions answers

Question 2 Explanation: 
Participatory notes also called P-Notes are offshore derivative instruments with Indian shares as underlying assets. These instruments are used for making investments in the stock markets. However, they are not used within the country. They are used outside India for making investments in shares listed in the Indian stock market. That is why they are also called offshore derivative instruments. Participatory notes are issued by brokers and FIIs registered with SEBI. The investment is made on behalf of these foreign investors by the already registered brokers in India. For example, Indian-based brokerages buy India-based securities and then issue participatory notes to foreign investors. Any dividends or capital gains collected from the underlying securities go back to the investors.
Question 3
e-portal 'Nipun' is related to which of the following.
A
In-service online training and information to police personnel
B
Teaching in primary schools via Operation Digital Board
C
Filing sexual harassment complaints
D
Monitoring Swachh Bharat targets
Education Questions answers

Question 3 Explanation: 
Delhi Police has launched an e-learning portal 'Nipun' to impart training and provide up to date information to police officers.

It will have online courses and resources on law, standing orders, investigation checklists, forms for case files, latest High Court and Supreme Court rulings. It is envisioned that Investigating Officers (IOS) will be able to take benefit of this information during course of their duty or while handling case.

Question 4
Consider the following statements wrt "Public Finance Management System (PFMS) portal"
  1. PFMS is a platform for e-payment of subsidy under DBT to both Aadhar based & Non- Aadhar based bank accounts through NPCI
  2. It is managed by the Department of Revenue(MoF)
  3. This system uses a web-enabled application developed in the office of Controller General of Accounts
Select the correct answer using the code given below.
A
1 and 3 only
B
1 and 2 only
C
2 only
D
all of the above
Current affairs Questions answers

Question 4 Explanation: 

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Question 5
Consider the following statements
    1. Nagpur is considered as tiger capital of india
    2. Ratapani tiger reserve located in the State of Rajasthan
    3. Panna Tiger Reserve is the largest tiger reserve in India
    4. Bor Wildlife Sanctuary, smallest tiger reserve in india
Select the correct answer using the code below
A
1, 2 and 4
B
2, 3 and 4
C
1 and 4
D
All of the above
English grammar Questions answers

Question 5 Explanation: 
  • The city of orange, 'Nagpur is also known as the 'Tiger Gateway of India' or 'Tiger Capital' of India. There are 13 tiger reserves in this Vidharbha (including the Nagpur division of eastern) alone.
  • Recently National Tiger Conservation Authority has agreed for the formation of four new tiger reserves in Sunabeda (Odisha), Ratapani (Madhya Pradesh), Orang (Assam) and Guru Ghasidas (Chhattisgarh).
  • Nagarjunsagar-Srisailam Tiger Reserve is the largest tiger reserve in India
  • Bor Wildlife Sanctuary, located in the valley of the Wardha river in the Wardha district of Maharashtra has been given the status of a tiger reserve, making it the smallest such reserve in the country.
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There are 5 questions to complete.

 

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