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Current Affairs for IAS Prelims Exam 2017: 4 May 2017

May 4, 2017 11:48 IST
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Current Affairs Quiz

In order to get success in IAS Exam, an IAS aspirant must have better preparation of current affairs. A number of questions can be asked in IAS Prelims Exam based on the recent events of national and international importance.

Here, we have provided current affairs quizzes which are based on the events happened in the month of May 2017. The given current affairs quizzes are very important for the upcoming IAS Prelims Exam 2017.

Current Affairs Weekly Quiz for IAS Prelims Exam- 15 to 21 April 2017

1. Recently, the Cabinet Committee on Economic Affairs has given its approval for restructuring the schemes of the Ministry of Food Processing Industries (MoFPI) under new Central Sector Scheme – SAMPADA. Consider the following statements regarding the SAMPADA:
I. The objective of SAMPADA is to supplement agriculture, modernise processing and decrease agri-waste.
II. Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters (SAMPADA) is an umbrella scheme incorporating ongoing schemes of the Ministry like Mega Food Parks, Integrated Cold Chain and Value Addition Infrastructure, Food Safety and Quality Assurance Infrastructure, etc.
III. The implementation of SAMPADA will result in the creation of modern infrastructure with efficient supply chain management from farm gate to a retail outlet.

Which of the following statement(s) is/are correct?
a. Only I
b. I and II
c. II and III
d. All of the above

Answer: d

Explanation:

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for restructuring the schemes of the Ministry of Food Processing Industries (MoFPI) under new Central Sector Scheme – SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) for the period 2016-20 coterminous with the 14th Finance Commission cycle.

SAMPADA with an allocation of Rs. 6,000 crore is expected to leverage the investment of Rs. 31,400 crore, handling of 334 lakh MT agro-produce valuing Rs. 1,04,125 crore, benefit 20 lakh farmers and generate 5,30,500 direct/ indirect employment in the country by the year 2019-20.

The objective of SAMPADA is to supplement agriculture, modernise processing and decrease Agri-waste. SAMPADA is an umbrella scheme incorporating ongoing schemes of the Ministry like Mega Food Parks, Integrated Cold Chain and Value Addition Infrastructure, Food Safety and Quality Assurance Infrastructure etc and also new schemes like Infrastructure for Agro-processing Clusters, Creation of Backwards and Forward Linkages, Creation / Expansion of Food Processing & Preservation Capacities.

Current Affairs for IAS Prelims 2017- March 2017

2. Recently the Union Cabinet has given its ex-post facto approval for the signing the Memorandum of Cooperation (MoC) on Railway Safety with which of the following countries?
a. Turkey
b. Japan
c. Malasia
d. North Korea

Answer: b

Explanation:

Recently, the Union Cabinet has given its ex-post facto approval to the signing the Memorandum of Cooperation (MoC) with Japan on Railway Safety. The MoC has already been signed in February 2017.

The signing of MoC will enable cooperation in the following areas:

• Track Safety (e.g. rail welding, rail inspection, track circuit etc.) ii. Latest technology related to railway track safety (automatic inspection technology etc.)

• Rolling stock safety (e.g. maintenance etc.)

• Any other relevant railway safety matter jointly determined by both the sides within the scope of this MoC with consideration for major railway accident preventions based on the analysis of accident causes.

Current Affairs Quizzes of February 2017

3. Recently the Union Cabinet has approved the policy for providing preference to domestically manufactured iron & steel products on Government procurement. Consider the following statements regarding this:
I. This policy seeks to accomplish the PM's vision of 'Make in India' with the objective of nation building and encourage domestic manufacturing.
II. The policy mandates to provide preference to Domestically Manufactured Iron & Steel Products (DM1&SP), in Government Procurement.

Which of the following statement(s) is/are correct?
a. Only I
b. Only II
c. Both I and II
d. Neither I nor II

Answer: c

Explanation:

The Union Cabinet chaired has approved the policy for providing preference to domestically manufactured iron & steel products on Government procurement. This policy seeks to accomplish the PM's vision of 'Make in India' with the objective of nation building and encourage domestic manufacturing. The policy mandates to provide preference to Domestically Manufactured Iron & Steel Products (DMI&SP), in Government Procurement.

The policy is applicable on all government tenders where price bid is yet to be opened,
DMI&SP policy provides a minimum value addition of 15% in notified steel products which are covered under preferential procurement. In order to provide flexibility, Ministry of Steel may review specified steel products and the minimum value addition criterion.

ECONOMIC SURVEY 2016-17 IMPORTANT QUESTIONS

4. Recently, the Union Cabinet has given its approval for National Steel Policy (NSP) 2017. Consider the following features of the NSP 2017:
I. The NSP 2017 will create self-sufficiency in steel production by providing policy support & guidance to private manufacturers, MSME steel producers, CPSEs.
II. It will enhance the global steel demand.
III. It will facilitate foreign investment.

Which of the following statement(s) is/are correct?
a. Only I
b. I and III
c. II and III
d. All of the above

Answer: b

Explanation:

The Union Cabinet chaired has given its approval for National Steel Policy (NSP) 2017. The new Steel Policy enshrines the long term vision of the Government to give impetus to the steel sector.  It seeks to enhance domestic steel consumption and ensure high-quality steel production and create a technologically advanced and globally competitive steel industry.

Key features of the NSP 2017:

• Create self-sufficiency in steel production by providing policy support & guidance to private manufacturers, MSME steel producers, CPSEs

• Encourage adequate capacity additions,

• Development of globally competitive steel manufacturing capabilities,

• Cost-efficient production

• Domestic availability of iron ore, coking coal & natural gas,

• Facilitating foreign investment

• Asset acquisitions of raw materials and

• Enhancing the domestic steel demand.

Union Budget 2017 Questions for IAS Exam

5. South Western Command’s Corps ‘Strike One’ successfully carried out the firing of the advanced BRAHMOS Block III land attack cruise missile system on 3rd May in which of the following Islands of India?
a. Andaman & Nicobar Island
b. Lakshadweep Island
c. Barren Island
d. Abdul Kalam Island

Answer: a

Explanation:

South Western Command’s Corps ‘Strike One’ successfully carried out the firing of the advanced BRAHMOS Block III land attack cruise missile system in the Andaman & Nicobar Islands on the 3rd of May 2017 for the second consecutive day. The successive launches reinforce the formidable weapon’s precision strike capability. The long-range tactical weapon was successfully tested from the same location on the 2nd of May, 2017.

These successful firings of the supersonic cruise missile were carried out in full operational land-to-land configurations from Mobile Autonomous Launchers (MAL) at its full-range. Meeting all flight parameters in a copybook manner while conducting high level and complex manoeuvres, the multi-role missile successfully hit the land-based target with desired precision, in both the trials demonstrating its accuracy of less than one metre.

Current Affairs Quizzes 2016 for IAS Prelims 2017

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