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IAS Questions for Prelims: 12 October 2017

Oct 12, 2017 14:47 IST
    IAS Questions for Prelims 12 October 2017
    IAS Questions for Prelims 12 October 2017

    During IAS Prelims Exam preparation, study issues based on recent happenings become an indispensable activity. Current affairs are as important as any other academic subject so it should be read as a separate section while preparing for the IAS exam. In this process, practising IAS questions based on current affairs should be given priority.

    IAS Prelims Exam Guide

    1. Recently, the Union Cabinet has approved MoC between India and Japan on the "Technical Intern Training Program (TITP)". Consider the following statements regarding this:
    1. This MoC is expected to be signed during the forthcoming visit of Minister for Skill Development & Entrepreneurship during October 16-18, 2017 at Tokyo.
    2. The Technical Intern Training Program (TITP) is an ambitious program to send Indian technical interns to Japan for on the job training for a period of three to five years.
    3. It is expected that the MoC will pave the way for bilateral cooperation between the two countries in the area of skill development.

    Which of the following above statements is true?
    a. 1 and 2
    b. 2 and 3
    c. 1 and 3
    d. 1, 2 and 3

    Answer: d

    Explanation:

    The Union Cabinet has approved the signing of "Memorandum of Cooperation (MoC)" between India and Japan on the "Technical Intern Training Program (TITP)".

    This MoC is expected to be signed during the forthcoming visit of Minister for Skill Development & Entrepreneurship during October 16-18, 2017 at Tokyo. The Technical Intern Training Program (TITP) is an ambitious program to send Indian technical interns to Japan for on the job training for a period of three to five years. It is expected that the MoC will pave the way for bilateral cooperation between the two countries in the area of skill development.

    IAS Questions for IAS Prelims 2018: September 2017

    2. Recently, the Union Cabinet has approved the signing of the Memorandum of Cooperation between India and Japan on establishing a Liquid, Flexible and Global LNG Market. Consider the following statements regarding this:
    1. The MoC will promote bilateral relationship between India and Japan in the energy sector and it will also contribute to the diversification of gas supplies for India.
    2. The MoC provides a framework to cooperate in facilitating flexibility in LPG contracts only.
    3. Under the Japan-India Energy Partnership Initiative signed in January 2016, the two sides had agreed to work together in promoting well-functioning energy markets and affirmed to promote a transparent and diversified Liquefied Natural Gas (LNG) market through the relaxation of Destination Restriction Clause.

    Which of the following above statements is true?
    a. 1 and 2
    b. 2 and 3
    c. 1 and 3
    d. 1, 2 and 3

    Answer: c

    Explanation:

    India and Japan are major consumers of energy in the world. In the LNG sector, Japan is the world's largest importer and India is the 4th largest importer. Under the Japan-India Energy Partnership Initiative signed in January 2016, the two sides had agreed to work together in promoting well-functioning energy markets and affirmed to promote a transparent and diversified Liquefied Natural Gas (LNG) market through the relaxation of Destination Restriction Clause.

    The Union Cabinet has approved the signing of the Memorandum of Cooperation (MoC) between India and Japan on establishing a liquid, flexible and global LNG Market.
    The MoC will promote bilateral relationship between India and Japan in the energy sector. It will contribute to the diversification of gas supplies for India. This will strengthen our energy security and lead to more competitive prices for consumers. The MoC provides a framework to cooperate in facilitating flexibility in LNG contracts, the abolition of Destination Restriction Clause and also explore possibilities of cooperation in establishing reliable LNG spot price indices reflecting true LNG demand and supply.

    IAS Questions for IAS Prelims 2018: August 2017

    3. Recently, the Union Cabinet has given its approval for signing of a Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Financial Services Commission (FSC) of which of the following countries for mutual co-operation and technical assistance?
    a. Japan
    b. Gibraltar
    c. Kuwait
    d. Morocco

    Answer: b

    Explanation:

    The Union Cabinet has given its approval for signing of a Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Financial Services Commission (FSC), Gibraltar for mutual co-operation and technical assistance.

    The MoU is likely to promote further development of economic links and cooperation between the two regulators and aims at creating conditions for an effective development of securities markets in the two countries. It would also contribute towards strengthening the information sharing framework between the two signatories. It is expected to add value to overseas mutual cooperation and regulation activities of SEBI and FSC, Gibraltar.

    Current Affairs Quizzes for IAS Prelims 2018: July 2017

    4. The Union Cabinet has approved IALA to change its status from Non-Governmental Organization to Inter-Governmental Organization. Here, IALA stands for:
    a. International Association of Lighthouse Authorities
    b. International Association for Learning Alternatives
    c. Industrial Area Local Authority
    d. International Auxiliary Language Association

    Answer: a

    Explanation:

    The Union Cabinet has given its approval for International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA) to change its status from Non-Governmental Organization (NGO) to Inter-Governmental Organization (IGO). The move will facilitate “to foster the safe, economic and efficient movement of vessels". It will bring IALA at par with International Maritime Organisation (IMO) and International Hydrographic Organisation (IHO).

    The IALA, having headquarters at St. Germainen Laye (France) was established in 1957 under French law. It is governed by a General Assembly having 83 National members, with its Council as the executive body. The IALA council consists of 24 National Members and India is one of the council members represented through the Directorate General of Lighthouses and Lightships (DGLL), Ministry of Shipping. DGLL establishes and maintains Aids to Navigation in general waters along the coast of India including A&N and Lakshadweep group of islands, as per Lighthouse Act 1927.

    IAS Questions for IAS Prelims 2018: June 2017

    5. The Union Cabinet Committee on Economic Affairs has approved two new World Bank supported schemes of Rs. 6,655 crore - Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE). Consider the following statements regarding this:
    1. SANKALP is Rs 4,455 crore Centrally sponsored scheme including Rs. 3,300 crore loan support from World Bank whereas STRIVE is a Rs. 2,200 crore - central sector scheme, with half of the scheme outlay as World bank loan assistance.
    2. SANKALP and STRIVE are outcome focused schemes marking a shift in government's implementation strategy in vocational education and training from inputs to results.
    3. The schemes shall provide the required impetus to the National Skill Development Mission, 2015 and its various sub missions.

    Which of the following above statements is true?
    a. 1 and 2
    b. 2 and 3
    c. 1 and 3
    d. 1, 2 and 3

    Answer: d

    Explanation:

    The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved two new World Bank supported schemes of Rs. 6,655 crore - Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE). SANKALP is Rs 4,455 crore Centrally sponsored scheme including Rs. 3,300 crore loan support from World Bank whereas STRIVE is a Rs. 2,200 crore - central sector scheme, with half of the scheme outlay as World bank loan assistance. SANKALP and STRIVE are outcome focused schemes marking a shift in government's implementation strategy in vocational education and training from inputs to results.

    The schemes shall provide the required impetus to the National Skill Development Mission, 2015 and its various sub missions. The schemes are aligned to flagship Government of India programs such as Make in India and Swachhta Abhiyan and aim at developing a globally competitive workforce for domestic and overseas requirements. To this end, over 700 industry led institutions are being set up for providing job oriented skill training to lakhs of aspirants. An innovative challenge fund model has been employed to select and support proposals to set up such institutions in identified sectors and geographies. 66+ India International stalling institutions are being promoted to focus upon skill training as per global standards for overseas placements. Over 30,000 aspirants shall be trained in IISCs and get certificates from International Awarding Bodies (lABs). Upgrading 500 ITIs, as model ITIs across India and improving their industry connect, is also envisaged by ushering in reforms such as on-line examination, centralised admission, improving efficiency and transparency in the system.

    IAS Questions- 2016 for IAS Prelims 2018

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