Current Affairs Quiz 04 July 2024
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Current Affairs Quiz 04 July 2024 for UPSC Prelims
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- Question 1 of 5
1. Question
Which of the following statements regarding Central Consumer Protection Authority is\are correct?
1. CCPA is a regulatory body established in 2020 based on the provisions of the Consumer Protection Act, 2019.
2. CCPA works under the administrative control of the Ministry of Home Affairs.
Select the correct answer from the code below.CorrectAnswer: A
About Central Consumer Protection Authority
• CCPA is a regulatory body established in 2020 based on the provisions of the Consumer Protection Act, 2019.
• CCPA works under the administrative control of the Ministry of Consumer Affairs.Objective:
• To promote, protect and enforce the rights of consumers as a class.
• To conduct investigations into violation of consumer rights and institute complaints/prosecution.
• To order the recall of unsafe goods and services, discontinuation of unfair trade practices and misleading advertisements.
• To impose penalties on manufacturers/endorsers/publishers of misleading advertisements.IncorrectAnswer: A
About Central Consumer Protection Authority
• CCPA is a regulatory body established in 2020 based on the provisions of the Consumer Protection Act, 2019.
• CCPA works under the administrative control of the Ministry of Consumer Affairs.Objective:
• To promote, protect and enforce the rights of consumers as a class.
• To conduct investigations into violation of consumer rights and institute complaints/prosecution.
• To order the recall of unsafe goods and services, discontinuation of unfair trade practices and misleading advertisements.
• To impose penalties on manufacturers/endorsers/publishers of misleading advertisements. - Question 2 of 5
2. Question
With reference to the teachings of Buddhism, which one of the following statements is not correct?
CorrectAnswer: B
IncorrectAnswer: B
- Question 3 of 5
3. Question
In the context of Right to protest, consider the following statements:
1. It is mentioned in the Constitution of India under Article 19.
2. Violation of Public order is a reasonable restriction to Right to Protest.
Which of the following statements given above is/are correct?CorrectAnswer: B
Statement 1 is incorrect. Right to Protest is not mentioned in the Constitution of India under Article 19. It is
interpreted and protected under Article 19(1) (a)- guarantees the freedom of speech and expression;
Article 19(1) (b)- assures citizens the right to assemble peaceably and without arms and Article 19(1) (c)-
assures right to form associations or trade unions of the Indian Constitution.
Supreme Court in its recent order stated that farmers have a constitutional right to continue with their
protest.IncorrectAnswer: B
Statement 1 is incorrect. Right to Protest is not mentioned in the Constitution of India under Article 19. It is
interpreted and protected under Article 19(1) (a)- guarantees the freedom of speech and expression;
Article 19(1) (b)- assures citizens the right to assemble peaceably and without arms and Article 19(1) (c)-
assures right to form associations or trade unions of the Indian Constitution.
Supreme Court in its recent order stated that farmers have a constitutional right to continue with their
protest. - Question 4 of 5
4. Question
Which of the following statements regarding FATF are correct?
1. The FATF is an UN organization to combat Money Laundering and Terror Financing.
2. FATF is the initiative of the G20 to develop policies to combat money laundering.
3. The FATF headquaters is in Geneva Switzerland.Select the correct answer using the code below.
CorrectAns;- d) None of the above
Financial Action Task Force (FATF)
• The Financial Action Task Force (on Money Laundering) (FATF) is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.
• In 2001, its mandate was expanded to include terrorism financing.
• FATF is a “policy-making body” that works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
• FATF monitors progress in implementing its Recommendations through “peer reviews” (“mutual evaluations”) of member countries.
• Since 2000, FATF has maintained the FATF blacklist (formally called the “Call for action”) and the FATF greylist (formally called the “Other monitored jurisdictions”).
• The objectives of FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.IncorrectAns;- d) None of the above
Financial Action Task Force (FATF)
• The Financial Action Task Force (on Money Laundering) (FATF) is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.
• In 2001, its mandate was expanded to include terrorism financing.
• FATF is a “policy-making body” that works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
• FATF monitors progress in implementing its Recommendations through “peer reviews” (“mutual evaluations”) of member countries.
• Since 2000, FATF has maintained the FATF blacklist (formally called the “Call for action”) and the FATF greylist (formally called the “Other monitored jurisdictions”).
• The objectives of FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system. - Question 5 of 5
5. Question
In the context of Indian Constitution, which of the following statement would you accept as the most appropriate definition of ‘Reasonable Restriction’?
CorrectAnswer: B
IncorrectAnswer: B
