Current Affairs Quiz 11 October 2022
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Current Affairs Quiz 11 October 2022 for UPSC Prelims
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- Question 1 of 5
1. Question
Which of the following statements regarding FAME-II is\are correct?
1. FAME India is a part of the National Electric Mobility Mission (NEMM) Plan.
2. The scheme does not cover Hybrid & Electric technologies like Mild Hybrid, Strong Hybrid, Plug in Hybrid & Battery Electric Vehicles.Select the correct answer from the code below.
CorrectAnswer: A
FAME-II
• FAME India is a part of the National Electric Mobility Mission (NEMM) Plan. Main thrust of FAME is to encourage electric vehicles by providing subsidies.
• NEMM intends to allow hybrid and electric vehicles to become the first choice for the purchasers so that these vehicles can replace the conventional vehicles and thus reduce liquid fuel consumption in the country from the automobile sector.
• The scheme covers Hybrid & Electric technologies like Mild Hybrid, Strong Hybrid, Plug in Hybrid & Battery Electric Vehicles.
• Monitoring Authority: Department of Heavy Industries, the Ministry of Heavy Industries and Public Enterprises.
• Under this scheme, demand incentives will be availed by buyers (end users/consumers) upfront at the point of purchase and the same shall be reimbursed by the manufacturers from Department of Heavy Industries, on a monthly basis.
• Fame India Scheme has four focus areas:
a. Technology development
b. Demand Creation
c. Pilot Projects
d. Charging InfrastructureIncorrectAnswer: A
FAME-II
• FAME India is a part of the National Electric Mobility Mission (NEMM) Plan. Main thrust of FAME is to encourage electric vehicles by providing subsidies.
• NEMM intends to allow hybrid and electric vehicles to become the first choice for the purchasers so that these vehicles can replace the conventional vehicles and thus reduce liquid fuel consumption in the country from the automobile sector.
• The scheme covers Hybrid & Electric technologies like Mild Hybrid, Strong Hybrid, Plug in Hybrid & Battery Electric Vehicles.
• Monitoring Authority: Department of Heavy Industries, the Ministry of Heavy Industries and Public Enterprises.
• Under this scheme, demand incentives will be availed by buyers (end users/consumers) upfront at the point of purchase and the same shall be reimbursed by the manufacturers from Department of Heavy Industries, on a monthly basis.
• Fame India Scheme has four focus areas:
a. Technology development
b. Demand Creation
c. Pilot Projects
d. Charging Infrastructure - Question 2 of 5
2. Question
With reference to Special Drawing Rights (SDR), consider the following statements:
1. It is used as an international currency to facilitate smooth trade between nations.
2. Its value is determined by a basket of currencies which includes the Indian Rupee.
Which of the statements given above is/are correct?CorrectAnswer: D
Statement 1 is not correct: The SDR serves as the unit of account of the IMF and some other
international organizations. The SDR is neither a currency nor a claim on the IMF. Rather, it is a
potential claim on the freely usable currencies of IMF members. SDRs can be exchanged for these
currencies.Statement 2 is not correct: SDR basket currencies are shown below. It does not include the Indian
Rupee.IncorrectAnswer: D
Statement 1 is not correct: The SDR serves as the unit of account of the IMF and some other
international organizations. The SDR is neither a currency nor a claim on the IMF. Rather, it is a
potential claim on the freely usable currencies of IMF members. SDRs can be exchanged for these
currencies.Statement 2 is not correct: SDR basket currencies are shown below. It does not include the Indian
Rupee. - Question 3 of 5
3. Question
Which of the following statements related to privilege motion are correct?
1. It is concerned with the breach of parliamentary privileges by a minister.
2. A notice is moved in the form of a motion by any member of either House against those being held guilty of breach of privilege.CorrectAns;- c) Both 1 and 2
Explanation;-
• Both the staements are correct w.r.t to Privilege motion.
About Privilege’s in Parliament
• The Parliamentary privileges are special rights, immunities and exemptions enjoyed by the two Houses of Parliament, their committees and their members.
• Parliamentary privileges are special rights, immunities and exemptions enjoyed by the two Houses of Parliament, their committees and their members.
• Parliamentary Privileges are certain rights and immunities enjoyed by members of Parliament, individually and collectively, so that they can “effectively discharge their functions”.
• When any of these rights and immunities are disregarded, the offence is called a breach of privilege and is punishable under law of Parliament.
• A notice is moved in the form of a motion by any member of either House against those being held guilty of breach of privilege.
• The Speaker/RS chairperson is the first level of scrutiny of a privilege motion.
• The Speaker/Chair can decide on the privilege motion himself or herself or refer it to the privileges committee of Parliament. If the Speaker/Chair gives consent under relevant rules, the member concerned is given an opportunity to make a short statement.
• Rule No 222 in Chapter 20 of the Lok Sabha Rule Book and correspondingly Rule 187 in Chapter 16 of the Rajya Sabha rulebook governs privilege.
• Rules say that a member may, with the consent of the Speaker or the Chairperson, raise a question involving a breach of privilege either of a member or of the House or a committee thereof.IncorrectAns;- c) Both 1 and 2
Explanation;-
• Both the staements are correct w.r.t to Privilege motion.
About Privilege’s in Parliament
• The Parliamentary privileges are special rights, immunities and exemptions enjoyed by the two Houses of Parliament, their committees and their members.
• Parliamentary privileges are special rights, immunities and exemptions enjoyed by the two Houses of Parliament, their committees and their members.
• Parliamentary Privileges are certain rights and immunities enjoyed by members of Parliament, individually and collectively, so that they can “effectively discharge their functions”.
• When any of these rights and immunities are disregarded, the offence is called a breach of privilege and is punishable under law of Parliament.
• A notice is moved in the form of a motion by any member of either House against those being held guilty of breach of privilege.
• The Speaker/RS chairperson is the first level of scrutiny of a privilege motion.
• The Speaker/Chair can decide on the privilege motion himself or herself or refer it to the privileges committee of Parliament. If the Speaker/Chair gives consent under relevant rules, the member concerned is given an opportunity to make a short statement.
• Rule No 222 in Chapter 20 of the Lok Sabha Rule Book and correspondingly Rule 187 in Chapter 16 of the Rajya Sabha rulebook governs privilege.
• Rules say that a member may, with the consent of the Speaker or the Chairperson, raise a question involving a breach of privilege either of a member or of the House or a committee thereof. - Question 4 of 5
4. Question
Which of the following statements is/are correct with reference to Stagflation?
1. Stagflation refers to a state of an economy that is experiencing a simultaneous increase in inflation and
rising unemployment.
2. The occurrence of stagflation proves the theory behind the Philips curve.
Select the correct answer using the code given below.CorrectAnswer: A
The theory claims that economic growth comes with inflation, which in turn should lead to more jobs and
less unemployment. However, the concept has been somewhat disproven empirically due to the
occurrence of stagflation in the 1970s, when there were high levels of both inflation and
unemployment. Hence, statement 2 is not correct.IncorrectAnswer: A
The theory claims that economic growth comes with inflation, which in turn should lead to more jobs and
less unemployment. However, the concept has been somewhat disproven empirically due to the
occurrence of stagflation in the 1970s, when there were high levels of both inflation and
unemployment. Hence, statement 2 is not correct. - Question 5 of 5
5. Question
Which of the following indices is/are published by the World Bank?
1. Ease of Doing Business Index
2. Human Development Index
3. Logistics Performance Index
Select the correct answer using the code given below.CorrectAnswer: B
IncorrectAnswer: B
