UPSC PRELIMINARY MOCK TEST 239

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UPSC PRELIMINARY MOCK TEST 239

Question 81 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Recently, February 12 circular was in the news is in context of...
A
Resolution plan for defaulting companies.
B
Defence procurement deal between India and Russia
C
Environmental assessment program of India
D
Prompt filing of Income Tax return.
Question 81 Explanation: 
The February 12 circular aims at quick reporting of defaults, resolution plan for defaulting companies and a time-bound referral of defaulting companies to the National Company Law Tribunal (NCLT) and makes it mandatory to map an account as NPA even on a single-day default
Question 82 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With reference to Indian economy, which of the following best describes Exit policy
A
Right or ability of an industrial unit or a firm to withdraw from or to close down.
B
Policy of reparation of income by multi-national companies
C
Disinvestment policy of Public sector enterprises
D
Export policy that guides direction of exports from India
Question 82 Explanation: 

Exit policy means the policy regarding the retrenchment of the surplus labour force resulting from restructuring of industrial units and workers displaced by the closure of sick units. Exit may become necessary due to strategic reasons, financial constraints and environmental changes.

Question 83 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is/are correct about the Salt Satyagraha?
  1. There were some incidents of violence in Calcutta and Karachi but Gandhiji did not call off the movement, unlike the previous time with the non-cooperation movement.
  2. There were similar marches to the one led by Mahatma Gandhi, in various other parts of the country.
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Question 83 Explanation: 
Both are correct. Read more about the
Question 84 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Patents in India are governed by "The patent Act." In which year Patent Act was passed in India?
A
1970
B
1971
C
1972
D
1975
Question 84 Explanation: 
A patent is granted for an invention which is a new product or process that meets conditions of novelty, non-obviousness and industrial use. Patents in India are governed by "The patent Act 1970" which was amended in 2005 to make it compliant with TRIPS. "
Question 85 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
'Fixed Term Employment' was recently introduced in the Apparel Manufacturing Sector. Which of the following statements with reference to this is NOT correct?
A
It refers to a workman who is employed on a contract basis for a fixed period.
B
The working conditions in terms of all statutory benefits of a fixed term employee would be at par with permanent workmen.
C
The termination of fixed term employment of the workman requires a notice to be served a week preceding the date of termination.
D
Fixed term workers employed for short periods will get better working and service conditions as compared to a contract workers.
Question 85 Explanation: 

Natural termination of the fixed term employment contract requires "no notice or pay in lieu thereof."

"This step would ultimately benefit the workers as their working conditions would be at par with the regular employees including social security and other benefits. It would, on the one hand provide flexibility to the employers and on the other hand improve the working conditions of the workers already working for some fixed tenure only by way of contracts. The measures assume significance due also to its potential for social transformation through women empowerment; since 70% of the workforce in the garment industry are women, majority of the new jobs created are likely to go to women."

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There are 85 questions to complete.