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India Current Affairs Quiz/Questions-Answers March 2013, March 25-March 31

Apr 1, 2013 09:37 IST

The week’s quizzes were based on different decisions made by the Union Government of India like approval of Pinaka Rockets, National Policy on Drug Abuse and more. Solve the quizzes to keep yourself updated about the events of past and important for examination of different types.

1. Which of the following statements in relation to approval of Pinaka Rockets by the Government of India true?
I. The Government has approved a proposal of budget 15500 crore rupees for production of more than 2000 Pinaka-multi Barrel weapon System
II. The Indian Army requires more than 2000 of these rockets to equip its 10-12 regiments comprising the Pinaka launchers.
III. According the proposal, the Ordnance Factory Board (OFB) under the Department of Defence Production, is going to upgrade facilities at nine of its factories involved in the production of Pinaka rockets.
IV. The major plans of OFB include augmentation of production capabilities for T-90 and T-72 tanks, engines for armoured vehicles and setting up of 155mm howitzer production plants.
a) Statements I, II and III are true
b) Statements III and IV are true
c) Statements I, III and IV are true
d) All the four statements are true
Answer: (a) Statements I II and III are true

2. Union Government decided to Introduce National Policy on Drug Abuse. Which of the following statements in context of the policy are true?
I. Its main purpose is to check the alarming rise of drug abuse in different parts of the country
II. Decision in this regard was taken by the Social Justice and Empowerment Ministry with an expert committee which was formed to study nation-wide scenario of drug and substance abuse.
III. The Ministry has also formed several schemes to break the demand and supply nexus of drug consumption, but due to lack of a national policy, these schemes are not being implemented properly.
IV. The policy will also ensure a better coordination among agencies and state governments while providing periodical data on impact of the schemes launched by the Ministry.
a) Only Statements I III and IV are true
b) Statements II and III are only true
c) Only Statements I, and II are true
d) All the four statements are true
Answer: (d) All the four Statements are true

3. TRAI notified Standards of Quality of Service Amendment Regulations: 2013. Which of the following statements are true?
I. The amendment regulation was notified for ensuring quality of service and protection of consumers’ interests.
II. The regulation makes it mandatory for the broadcasters to restrict duration of advertisement in channels for to a maximum limit of 21 minutes in one hour as already prescribed in the rules in existence.
III. For fine monitoring of the compliance of the regulations by broadcasters, the regulatory authority had made it compulsory for the broadcasters to report the duration of advertisements carried on their channels on quarterly basis to them.
IV. TRAI reached to the decision of notifying the standards of quality service after studying the issue of duration of advertisements that was carried on the TV channels that was obtained by the Ministry of Information and Broadcasting from the broadcasters.
a) Statements I, II and III are true
b) Statements II, III and IV are true
c) Statements I, III and IV are true
d) All the four statements are true
Answer: (c) Statements I, III and IV are true

4. Name the three states that received their own high-Courts in the month of March 2013?
a) Tripura, Meghalaya and Manipur
b) Meghalaya, Tripura and Arunachal Pradesh
c) Arunachal Pradesh, Nagaland and Mizoram
d) Mizoram, Nagaland and Manipur
Answer: (a) Tripura, Meghalaya and Manipur

5.
Financial Sector Legislative Reforms Commission (FSLRC) headed by Justice BN Srikrishna in its final report submitted to the Union Government of India on 22 March 2013 recommended constitution of unified financial sector regulator by deriving powers from Indian Financial Code including Commodity Derivatives Market. Which of the following statements in relation to the same are true?
I. The commission in its recommendation directed the Union Government for unification of the Securities and Exchange Board of India (Sebi), Pension Fund Regulatory and Development Authority (PFRDA), Insurance Regulatory and Development Authority (IRDA) and Forward Markets Commission (FMC) under a single regulator.
II. It also recommended that the Reserve Bank of India should stay as the monetary Authority Regulating Bank.
III. The regulatory structure shall be governed by the Financial Regulatory Architecture Act that to create a uniform legal process for the financial regulators.
IV. The commission also recommended that the Legislative structure should be changed for trial after its success the Ministry of Finance shall unify the regulatory structure.
a) Statements I, II and III are true
b) Statements II, III and IV are true
c) Statements I, III and IV are true
d) All the four statements are true
Answer: (a) Statements I, III and III are true

 

Is this article important for exams ? Yes41 People Agreed

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