Current Affairs MCQs Quiz for UPSC, IAS, UPPSC/UPPCS, MPPSC. BPSC, RPSC & All State PSC Exams
Date: 13 June 2022
Q1. Concerning educational institutions, the ‘Capitation fee' refers to:
a) A fee higher than that approved by regulatory norms.
b) A fee cap approved by regulatory norms.
c) A fee charged for capital assets.
d) A fee that is exempted under the income tax act.
Answer: (A)
Explanation:
- The expression “capitation fee” does not have any fixed meaning.
- Generally, a Capitation fee refers to an illegal transaction in which an organization that provides educational services collects a fee higher than that approved by regulatory norms.
- In the context of Indian law, a capitation fee refers to the collection of payment by educational bodies not included in the prospectus of the institution, usually in exchange for admission to the institution.
Q2. Consider the following recommendations of the FRBM review committee (chaired by NK Singh)
1) The debt to GDP ratio by 2022-23 should be 60% with the
split between states at 40% and for the central government to be 20%.
2) Setting up of Autonomous Fiscal Council.
Which of the above statement(s) is/ are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer: (B)
Explanation: The combined debt-to-GDP ratio of the centre and states should be brought down to 60 per cent by 2023 (comprising 40 per cent for the Centre and 20% for states).
Q3. Consider the following statements about MSME:
1. Currently MSMEs are classified based on their amount
invested only.
2. It is the second largest employment generating sector after agriculture.
Which of the above given statements is/ are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither of the above
Answer: (B)
Explanation:
- Before 2018, MSMEs were categorised based on the amount invested. After a change in regulations, they are classified based on their annual turnover, whether they operate in the manufacturing or service sector.
- It is the second largest employment generating sector after agriculture. It provides employment to around 120 million persons in India.
Q4. Which of the following are the Methods of Sustainable Agriculture?
1. Permaculture
2. Cover Crops
3. Soil Enrichment
4. Bio intensive Integrated Pest Management
Choose the correct option:
a) 1, 2 and 3 only
b) 2, 3 and 4 only
c) 1, 2 and 4only
d) All of these
Answer: (D)
Explanation: Methods of Sustainable Agriculture
- Crop Rotation:
- Permaculture
- Cover Crops:
- Soil Enrichment:
- Natural Pest Predators:
- Bio intensive Integrated Pest Management
- Polyculture Farming
- Agroforestry
- Biodynamic Farming
Q5. Consider following statements:
1. Ministry of Electronics and Information Technology (MeitY)
is a standalone ministerial agency responsible for IT policy, strategy and
development of the electronics industry in India.
2. According to IT rules 2021 a grievance officer is expected to acknowledge
receipt of the complaint within 24 hours and dispose the same within 15days.
Which of the above statements is/are Not correct?
a) 1only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer: (D)
Explanation:
- The Ministry of Electronics and Information Technology (MeitY) is an executive agency of the Union Government of the Republic of India.
- It was carved out of the Ministry of Communications and Information Technology on 19 July 2016 as a standalone ministerial agency responsible for IT policy, strategy and development of the electronics industry. Statement 1 correct
- According to IT rules 2021 a grievance officer is expected to acknowledge receipt of the complaint within 24 hours and dispose the same in an appropraite manner within 15days. Statement 2 correct
