UPSC PRELIMINARY MOCK TEST 256

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UPSC PRELIMINARY MOCK TEST 256

Question 36 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
"Milk Tea Alliance" is recently in news, is related to which of the following?
A
Alliance between tea producing countries.
B
Alliance for membership for UN permanent security council.
C
Online democratic solidarity movement against the authoritarianism of the Chinese Government.
D
None.
Question 36 Explanation: 
The Milk Tea Alliance is a term used to describe an online democratic solidarity movement made up of social media users from Thailand, Hong Kong and Taiwan against the authoritarianism of the Chinese Government and its supporters.
Question 37 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Cost push inflation may be caused by
  1. Mandatory wage increases for production employees
  2. Unexpected damage or shutdown to a production facility
  3. An increase in the cost of raw materials
Select the correct answer using the codes given below.
A
3 only
B
2 and 3 only
C
1 and 3 only
D
1, 2 and 3
Question 37 Explanation: 
All the statements are correct.

Cost-push inflation develops because the higher costs of production factors decreases in aggregate supply or the amount of total production in the economy.

It is caused by an increase in prices of inputs like labour, raw material, etc.

Apart from rise in prices of inputs, there could be other factors leading to supply side inflation such as natural disasters or depletion of natural resources, monopoly, government regulation or taxation,

change in exchange rates, etc. Generally, cost push inflation may occur in case of an inelastic demand curve where the demand cannot be easily adjusted according to rising prices.

Question 38 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
National Company Law Appellate Tribunal (NCLAT) was constituted under
A
Companies Act, 2013
B
Insolvency and Bankruptcy Code, 2016
C
Securities and Exchange Board of India Act, 1992
D
Competition Act, 2002
Question 38 Explanation: 
  • National Company Law Appellate Tribunal (NCLAT) was constituted under Section 410 of the Companies Act, 2013.
  • Functions:
    • It hears appeals against the orders of National Company Law Tribunal(s) (NCLT), with effect from 1st June, 2016.
    • It is the Appellate Tribunal for hearing appeals against the orders passed by NCLT(s) under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC).
    • It is the Appellate Tribunal for hearing appeals against the orders passed by Insolvency and Bankruptcy Board of India under Section 202 and Section 211 of IBC.
    • It is the Appellate Tribunal to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India (CCI).

Refer: "

Question 39 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following pairs

Species Habitat

  1. Bhupathy's shieldtail Western Ghats
  2. Small Woodbrown Butterfly Khanchendzonga National Park.
  3. Pondicherry Shark East Godavari River Estuarine Ecosystem

Which of the pairs given above is/are matched correctly?

A
1 only
B
2 and 3 only
C
3 only
D
1, 2 and 3
Question 39 Explanation: 
Correct

All the pairs have matched correctly. "

Question 40 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following statements wrt Indian Council of World Affairs (ICWA)
    1. President of India is the ex-officio President of ICWA.
    2. founder-president of the Council was C.Rajgopalchari
Select the incorrect answer using the code given below.
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Question 40 Explanation: 

Refer: Facts for prelims Section "

There are 40 questions to complete.