Glance MCQ’s Answers- 26.10.2017

Daily Prelims Answers- 26th Oct 2017

1. Which of the following statements are true about POSCO Act, 2012?

  1. It deals with sexual offences against persons below 14 years of age, who are deemed as children.
  2. Special courts and special public prosecutors are designated for this purpose.
  3. Under this act the offences of sexual assault and sexual harassment are only covered.

Options:

  1. I and II only
  2. II, IIII only
  3. I, III only
  4. I, II , III

Answer:  B

Explanation:

  • The Protection of Children from Sexual Offences (POCSO) Act, 2012 deals with sexual offences against persons below 18 years of age, who are deemed as children.
  • The Act for the first time, defines “penetrative sexual assault”, “sexual assault” and “sexual harassment”.
  • The offence is considered graver if it is committed by a police officer, public servant, any member of the staff at a remand home, protection or observation home, jail, hospital or educational institution, or by a member of the armed or security forces.
  • The Act has come into force on the 14th of November, 2012, along with the rules framed thereunder.
  • The Act is a comprehensive law to provide for the protection of children from the offences of sexual assault, sexual harassment and pornography, while safeguarding the interests of the child at every stage of the judicial process by incorporating child-friendly mechanisms for reporting, recording of evidence, investigation and speedy trial of offences through appointment of Special Public Prosecutors and designated Special Courts.
  • The Act incorporates child friendly procedures for reporting, recording, investigation and trial offences. The Act provides for stringent punishments which have been graded as per the gravity of offence.

2. Which of the following statements are true about GM Mustard?

  1. DMH-11, is the genetically modified mustard crop.
  2. The Genetic Engineering Approval Committee, which is responsible for approving large-scale releases and commercialization of GMOs
  3. It functions under Ministry of Environment

Options:

  1. I and II only
  2. II, IIII only
  3. I, III only
  4. I, II , III

Answer: D

Explanation:

  • DMH-11 is a Genetically Modified (GM) mustard hybrid. Hybrids are normally obtained by crossing 2 genetically diverse plants from the same species.
  • GM mustard can affect honeybees directly and indirectly through effecting flowering and pollen production. Protease inhibitors have proved detrimental to the longevity and behavior of bees.
  • The Genetic Engineering Approval Committee, which is responsible for approving large-scale releases and commercialization of GMOs, functions under the Ministry of Environment and Forests and is not entirely independent.

3. Which of the following statements are true about IPO’s?

  1. It is a type of public offering in which shares of a company usually are sold to institutional investors that in turn, sell to the general public, on a securities exchange, for the first time.
  2. It helps a company to turn from private limited to public company.

Options:

  1. I only
  2. II only
  3. Both I and II
  4. Neither I nor II

Answer: C

Explanation:

  • Initial public offering(IPO) or stock market launch is a type of public offering in which shares of a company usually are sold to institutional investors that in turn, sell to the general public, on a securities exchange, for the first time.
  • Through this process, a privately held companytransforms into a public company. Initial public offerings are mostly used by companies to raise the expansion of capital, possibly to monetize the investments of early private investors, and to become publicly traded enterprises.
  • A company selling shares is never required to repay the capital to its public investors.
  • After the IPO, when shares trade freely in the open market, money passes between public investors.
  • Although IPO offers many advantages, there are also significant disadvantages, chief among these are the costs associated with the process and the requirement to disclose certain information that could prove helpful to competitors.
  • The IPO process is colloquially known as going public.

4. Which of the following statements are true about Chile?

  1. It is located between the Andesto the east and the Pacific Ocean to the west.
  2. It borders Peru to the South, Bolivia to the northeast.
  3. Atacama Desert is located in chile.
  4. It is member of UNASUR (Union of South American Nations) only.

Options:

  1. I, II , III only
  2. II , III , IV only
  3. I , II, IV only
  4. I , II , III , IV

Answer:  A

Explanation:

  • It is located between the Andesto the east and the Pacific Ocean to the west.
  • It borders Peru to the South, Bolivia to the northeast.
  • Atacama Desert is located in Chile
  • Chile is a founding member of the United Nations, the Union of South American Nations(UNASUR) and the Community of Latin American and Caribbean States(CELAC).

5. Which of the following statements are true about Minimum Wages policy announced by Qatar?

  1. A minimum wage for all workers regardless of race.
  2. Employers will not be able to stop employees leaving Qatar.

Options:

  1. I only
  2. II only
  3. Both I and II
  4. Neither I nor II

Answer: C

Explanation:

Qatar has introduced certain labor law reforms, including minimum wage. It has not been announced when these reforms will come into effect.
The International Trade Union Confederation (ITUC) has welcomed this move. The ITUC announced that the agreed reforms are:
1.A minimum wage for all workers regardless of race
2.Employers will not be able to stop employees leaving Qatar
3.Identification documents will be issued by the state and not by businesses
4.A central authority will track work contracts to prevent promised terms being replaced with worse conditions
5.Employee’s committees will be set up in workplaces along with a complaint resolution process

6. Which of the following companies are selected for Development of Integrity Index.

  1. IOCL
  2. NHAI
  3. CBDT
  4. SBI

Options:

  1. I, II , III only
  2. II, III , IV only
  3. I , II, IV only
  4. I, II , III, IV

Answer: A

Explanation:

  • CVC has adopted a research-based approach for creating an integrity index that various organizations can use to measure themselves and which will evolve with changing needs and with this view IIM-Ahmedabad has been engaged to develop the Integrity Index.
  • IOCL, NHAI, CBDT, Punjab National Bank, Syndicate bank are selected for development of Integrity Index.

7.Which of the following statements are true about Rohingya’s?

  1. The Rohingya population is concentrated in the historical region of Arakan, an old coastal country of Southeast Asia.
  2. They belong to Indo mongoloid race.
  3. The United Nations High Commission for Refugeeshas used the term ethnic cleansing to describe the exodus of Rohingya from Myanmar.

Options:

  1. I, II only
  2. II, III only
  3. I , III only
  4. I , II , III

Answer: C

Explanation:

  • The Rohingya peoplehistorically also termed Arakanese Indian are a stateless Indo-Aryan people from Rakhine State, Myanmar.
  • The Rohingya population is concentrated in the historical region of Arakan, an old coastal country of Southeast Asia.

 

 

 

 

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close