UPSC PRELIMINARY MOCK TEST 182

 

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UPSC PRELIMINARY MOCK TEST 182

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Question 1
Consider the following statements with respect to Inflation Indexed Bonds:
1. Bonds protect the returns of investors from the vagaries of inflation
2. Bonds were launched by finance ministry in 2013 Which of the following below given codes are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Management Questions answers

Question 1 Explanation: 
To protect the returns of investors from the vagaries of inflation, the Reserve Bank of India plans to introduce inflation-indexed bonds (IIBs)-it was proposed by the Union Budget 2013-14. The government hopes this will help increase financial savings instead of buying gold. In the recent years, the rate of return on debt investments has often been below inflation, which effectively means that inflation was eroding savings. Inflation indexed bonds provide returns that are always in excess of inflation, ensuring that price rise does not erode the value of savings. In 2013-14, RBI launched two such bonds -the first one in June 2013 linked with the WPI which had a very weak retail response and second one in December 2013 linked with CPI. "
Question 2
Mawlynnong village, also referred as 'God's own garden', is known for its reputation as Asia's cleanest village. Where is this village located?
A
Garo Hills
B
Mikir Hills
C
Khasi Hills
D
Jaintia Hills
NTA NET Questions answers

Question 2 Explanation: 
.

"Home to the Khasi tribal people, Mawlynnong is famous for its exceptional cleanliness, far removed from the noise and dirt of other big cities."

" Mawlynnong Village located in the East Khasi Hills of Meghalaya, also referred as 'God's own garden' has won the acclaim of being the cleanest village in Asia in 2003. The village known for its cleanliness is located around 90 kms from Shillong and is a community based eco-tourism initiative."

http://www.thehindu.com/todays-paper/tp-national/asias-cleanest-village-clings-on-to-its-serenity/article8136962.ece "

Question 3
Which of the following statements is/are NOT correct regarding working of National Human Rights Commission?
    1. NHRC has got the right to punish the people found guilty of violation of Human Rights.
    2. The recommendations of NHRC are binding on the Government.
Select the correct answer using the below code:
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
English grammar Questions answers

Question 3 Explanation: 
Incorrect options have been asked!!
  • The commission may take any of the following steps during or after the completion of an inquiry -
    • it may recommend payment of compensation to victims, to concerned government or authority;
    • it may recommend to initiate proceedings for prosecution or any other action against the guilty public servant, to the concerned government or authority;
    • it may recommend to the concerned government or authority for the grant of immediate interim relief to the victim;
    • it may approach the Supreme Court or the concerned high court for the necessary directions, orders or writs.
  • Role of the Commission -
    • The functions of the commission are mainly recommendatory.
    • It cannot punish the violators of human rights, nor to award any relief including monetary relief to the victim.
    • Its recommendations are not binding on the concerned government or authority.
    • But, it should be informed about the action taken on its recommendations within one month.
    • The National Commission has limited powers with respect to the violation of human rights by the members of the armed forces.
    • In this sphere, the commission may make its recommendations.
    • The Central Government should inform the commission of the action taken on the recommendations within three months.
    • The National Commission submit its annual or special reports to the Central government and to the State Government concerned.
    • The State Commission submits it to the State Government.

Refer: https://timesofindia.indiatimes.com/city/hyderabad/nhrc-team-grills-8-cops-involved-in-shootout/articleshow/72463631.cms "

Question 4
India Ratings and Research (Ind-Ra) is part of which of the following credit rating agency?
A
Moody
B
CRISIL
C
S and P global
D
Fitch group
English grammar Questions answers

Question 4 Explanation: 
India Ratings and Research (Ind-Ra) is India's most respected credit rating agency committed to providing India's credit markets accurate, timely and prospective credit opinions. Built on a foundation of independent thinking, rigorous analytics, and an open and balanced approach towards credit research, Ind-Ra has grown rapidly during the past decade, gaining significant market presence in India's fixed income market.
Ind-Ra currently maintains coverage of corporate issuers, financial institutions (including banks and insurance companies), finance and leasing companies, managed funds, urban local bodies, and structured finance and project finance companies.
Headquartered in Mumbai, Ind-Ra has seven branch offices located in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata and Pune. Ind-Ra is recognised by the Securities and Exchange Board of India, the Reserve Bank of India and National Housing Bank.
Ind-Ra is a 100% owned subsidiary of the Fitch Group.
India Ratings and Research (Ind-Ra), a part of Fitch group has lowered India's gross domestic product (GDP) forecast for financial year (FY) 2019-20 to 6.1%. This was second downgrade in the last two months. "
Question 5
What is that which best defines the idea of 'equality' in a liberal democratic society?
A
elimination of all forms of differences
B
opportunities enjoy by citizens must not be pre-determined by birth or social circumstance
C
equal resources allotted to all citizens irrespective of their socio-economic contribution
D
unrestricted access to all public and private goods and services to all citizens
Journalism Questions answers

Question 5 Explanation: 

The concept of equality implies that all people, as human beings, are entitled to the same rights and opportunities to develop their skills and talents, and to pursue their goals and ambitions.

This means that in a society people may differ with regard to their choices and preferences. They may also have different talents and skills which results in some being more successful in their chosen careers than others.

But just because only some become ace cricketers or successful lawyers, it does not follow that the society should be considered unequal.

In other words, it is not the lack of equality of status or wealth or privilege that is significant but the inequalities in peoples' access to such basic goods, as education, health care, safe housing, that make for an unequal and unjust society. "

There are 5 questions to complete.

 

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