UPSC PRELIMINARY MOCK TEST 8

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UPSC PRELIMINARY MOCK TEST 8

Question 11 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the correct sequence of occurrence of the following regions in East Asia as one proceeds from South to North?
  1. Hong Kong
  2. Paracel Islands
  3. Spratly Islands
  4. Brunei
Select the correct answer using the code given below:
A
4-2-1-3
B
3-2-4-1
C
3-4-1-2
D
4-3-2-1
Question 12 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following statements about Staff Selection Commission (SSC)
  1. Staff Selection Commission (SSC) is a statutory body
  2. It is an "attached body" under the Department of Personnel and Training (DoPT)
Which of the above statements is/are correct?
A
1 only
B
2 only
C
Both
D
None
Question 12 Explanation: 

A Parliamentary Standing Committee (PSC) has recommended that the Centre accord statutory status to the Staff Selection Commission (SSC), one of the largest recruitment agencies in the country.

The SSC was created to ease the burden of the UPSC by taking over the recruitment for posts below the Group 'A' level.

It has remained an "attached body" under the Department of Personnel and Training (DoPT), and has to depend entirely on the government for all its needs, with no autonomy. "

Question 13 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following statements about banking regulation (amendment) bill, 2017:
  1. According to this the government shall authorize the Reserve Bank of India to issue directions to banks in order to initiate insolvency resolution in case of a default.
  2. The Bill authorizes the RBI to refer NPA cases to the Insolvency and Bankruptcy Board.
Options:
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Question 13 Explanation: 
  • The Banking Regulation (Amendment) Bill 2017 will amend The Banking Regulation Act 1949, giving the government power to authorize the Reserve Bank of India to issue directions to banks in order to initiate insolvency resolution in case of a default.
  • Under the provisions of the Bill, the government can also authorizes the RBI to issue directions to banks with regard to resolution of stressed assets and allow it to name one or more committees to provide them with advice in order to do so.
  • Before the Bill was introduced in Parliament, the NPA ordinance amended The Banking Regulation Act 1949 in the same way. Ordinances, however, have to be approved by Parliament within six weeks of session following the introduction.
  • Apart from empowering the RBI in the above-mentioned ways, the Bill will also give RBI the authority to refer NPA cases to the Insolvency and Bankruptcy Board.
Question 14 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who among the following founded the Vikramshila University of ancient India?
A
Mahendravarman
B
Narasimhavarman I
C
Dharmapala
D
Gopala
Question 14 Explanation: 
Dharmapala (Reign: 770 - 810 AD) of the Pala dynasty
Question 15 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
15th Finance commission, sometimes seen in news, has been tasked mainly to provide recommendations
A
on sharing of resources between the Centre and the States
B
for the reduction of fiscal deficit of states
C
on how to empower financial position of local bodies
D
for reducing the fiscal deficit of central government
Question 15 Explanation: 
15th Finance Commission is tasked with recommending a fiscal road map and a sharing of resources between the Centre and the States.
There are 15 questions to complete.