UPSC PRELIMINARY MOCK TEST 243

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UPSC PRELIMINARY MOCK TEST 243

Question 96 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following statements,
  1. CPI measures changes over time in general level of prices of goods and services that households acquire for the purpose of consumption.
  2. CPI is also used for indexing dearness allowance to employees for increase in prices.
A
1 Only
B
2 Only
C
Both 1 and 2
D
Neither 1 nor 2
Question 97 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following statements about Financial Intelligence Unit - India (FIU-IND).
  1. FIU-IND is a regulatory authority responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions.
  2. FIUs exchange information with other FIUs on the basis of reciprocity or mutual agreement.
  3. It maintains national data base on cash transactions and suspicious transactions.
Which of the above statements is/are correct?
A
1, 2
B
2, 3
C
3 only
D
1, 2, 3
Question 97 Explanation: 

FIU-IND is the central national agency of India responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions. FIU-IND is also responsible for coordinating and strengthening efforts of national and international intelligence, investigation and enforcement agencies in pursuing the global efforts against money laundering, related crimes and terrorist financing.

FIU-IND is not a regulatory authority. Its prime responsibility is to gather and share financial intelligence in close cooperation with the regulatory authorities including RBI, SEBI and IRDA.

The functions of FIU-IND are:

  1. Collection of Information: Act as the central reception point for receiving Cash Transaction reports (CTRs), Cross Border Wire Transfer Reports (CBWTRs), Reports on Purchase or Sale of Immovable Property (IPRs) and Suspicious Transaction Reports (STRs) from various reporting entities.
  2. Analysis of Information: Analyze received information in order to uncover patterns of transactions suggesting suspicion of money laundering and related crimes.
  3. Sharing of Information: Share information with national intelligence/law enforcement agencies, national regulatory authorities and foreign Financial Intelligence Units.
  4. Act as Central Repository: Establish and maintain national data base on cash transactions and suspicious transactions on the basis of reports received from reporting entities.
  5. Coordination: Coordinate and strengthen collection and sharing of financial intelligence through an effective national, regional and global network to combat money laundering and related crimes.
  6. Research and Analysis: Monitor and identify strategic key areas on money laundering trends, typologies and developments.

Source "

Question 98 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which of the following states of India, Point Calimere Wildlife Sanctuary located.
A
Karnataka
B
Tamil Nadu
C
West Bengal
D
Kerala
Question 98 Explanation: 
Point Calimere Wildlife Sanctuary in Vedaranyam Range has been closed for a week in view of water-logging caused by a heavy spell of rainfall.

It is located in Nagapattinam district of Tamil Nadu spreads across an area of 30 sq.km and comprises sandy coastal, saline swamps and thorn scrub forests around the backwater.

It is a protected area and a Ramsar site which harbors the single-largest stretch of the unique dry-evergreen forest in the country besides open grasslands and tidal mudflats is of interest to tourists.

Around 100 species of birds including the Greater Flamingo, Painted Stork, Little Sting, Sea Gull and Brown-headed gull are winter migrants here.

Blackbuck (Antilope Cervicapra) is the flagship species of the sanctuary.

Question 99 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Under Price Support Scheme (PSS), the procurement of which of the following crops is undertaken?
  1. Copra
  1. Groundnut
  2. Pulses
  3. Cotton
  4. Tobacco
Select the correct answer using the code given below:
A
1, 3, 4 and 5
B
2 and 3 only
C
1, 4 and 5 only
D
2, 3 and 4 only
Question 99 Explanation: 

Under Price Support Scheme (PSS), the procurement of oil seeds (this includes groundnuts), pulses and cotton through Central Nodal Agencies at the Minimum Support Price (MSP) is also undertaken. This scheme is implemented at the request of the concerned State Government which agrees to exempt the procured commodities from levy of mandi tax and assist central nodal agencies in logistic arrangements including gunny bags, provide working capital for state agencies, creation of revolving fund for PSS operations etc. as required under the Scheme guidelines. The basic objectives of PSS are to provide remunerative prices to the growers for their produce with a view to encourage higher investment and production and to safeguard the interest of consumers by making available supplies at reasonable prices with low cost of intermediation.

Further, Government of India also implements Market Intervention Scheme (MIS) for procurement of agricultural and horticultural commodities which are perishable in nature and are not covered under the Price Support Scheme (PSS).

PIB (2017): Mechanism to procure bumper crops ;

Improvisation: PIB ;

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Question 100 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With reference to United Nations Conference on Trade and Development (UNCTAD), consider the following statements 1. UNCTAD is a permanent intergovernmental body established by the United Nations General Assembly in 1964. 2. It reports to the UN General Assembly and the Economic and Social Council. Which of the statements given above is/are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Question 100 Explanation: 

UNCTAD is a permanent intergovernmental body established by the United Nations General Assembly in 1964. Its headquarters are located in Geneva, Switzerland, and have offices in New York and Addis Ababa.

UNCTAD is part of the UN Secretariat. It report to the UN General Assembly and the Economic and Social Council but have own membership, leadership, and budget. It is also part of the United Nations Development Group.

It publishes flagship reports such as Trade and Development Report, World Investment Report, The Least Developed Countries Report, Information and Economy Report, Technology and Innovation Report, Commodities and Development Report etc. "

There are 100 questions to complete.