Current Affairs Quiz , 03 Mar 2020

1) The legal limit that a Lok Sabha candidate can spend towards election purpose is

a) 50 lakhs
b) 70 lakhs
c) 10 crores
d) 30 crores

Answer: b
• The Election Commission has informed the Government that it is not in favour of state funding of elections.
• While the legal limit that a Lok Sabha candidate can spend is ₹70 lakh, a victorious candidate on an average does not spend less than ₹10 crore for the purpose. Suppose we assume again an average of five candidates per constituency, and halving the amount to losers, about ₹30 crore will be spent in each Lok Sabha constituency, and given 543 members of the Lok Sabha, about ₹3,300 crore per annum.

2) Which among the following will not happen after a site is declared as World Heritage Site by UNESCO?

a) driving up demand for travel and tourism
b) onus on the provincial government for its conservation
c) once added, the site cannot be deleted from the list
d) All of the above

Answer: c
The World Heritage Committee can place a property on an “in danger” list if it believes the property is threatened by serious and specific dangers. If the Outstanding Universal Value of a World Heritage property is destroyed, the World Heritage Committee will remove it from the World Heritage List altogether.

3) Directorate General of Foreign Trade (DGFT) is an attached office of the

a) Ministry of Commerce and Industry
b) Ministry of External Affairs
c) Ministry of Finance
d) None of the above

Answer: a
• It is an attached office of the Ministry of Commerce and Industry, formed in 1991. It is involved in the regulation and promotion of foreign trade through regulation. It has been assigned the role of a “facilitator”. The DGFT also issues scrips/authorization to exporters and monitors their corresponding obligations through its network of regional offices.

4) The government has permitted airlines operating in India to provide in-flight WiFi services to passengers. The technology used for this includes

a) Terrestrial Internet services
b) Satellite-based services
c) Both (a) and (b)
d) Neither (a) nor (b)

Answer: c
• In-flight connectivity systems use two kinds of technologies– terrestrial and satellite internet services. Once flight mode is activated, the plane’s antenna will link to terrestrial Internet services provided by telecom service providers. Then, when the aircraft has climbed to 3,000 m, the antenna will switch to satellite-based services.

5) Who among the following are not eligible for Pradhan Mantri Laghu Vyapari Maan-dhan Yojana?

a) National Pension Scheme applicants
b) Employees’ Provident Fund applicants
c) Income Tax assesses.
d) All of the above

Answer: d
• All small shopkeepers, self-employed persons and retail traders aged between 18-40 years and with Goods and Service Tax (GST) turnover below Rs.1.5 crore can enrol for pension scheme.
• To be eligible, the applicants should not be covered under the National Pension Scheme, Employees’ State Insurance Scheme and the Employees’ Provident Fund or be an Income Tax assessee.