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Current Affairs Quiz, 02 Aug 2018

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1. USA recently designated India as a Strategic Trade Authorization-1 (STA-1) country. Which of the following can be considered as benefits to India as a part of STA-1 status?

I. India will become a NATO ally.
II. It will expand the scope of technology exports that can be made to India without individual licenses.
III. India will get a backdoor entry to the Nuclear Suppliers Group.
IV. It will provide India with greater supply chain efficiency for defence products.

Choose the correct code:

a. I and III only
b. I, II and IV
c. II and IV only
d. II, III and IV only


Answer: c
• US government’s decision to grant India the status of a Strategic Trade Authorization-1 (STA-1) country — will make it eligible for exports of number of high technology products to India without the requirement of individual licences.
• It will benefit US manufacturers while continuing to protect its national security.
• It will provide India greater supply chain efficiency, both for defence and for other high-tech products that will increase activity with the US.


2. Which of the following statements relating to the Defence Acquisition Council is/are correct?

I. It aims to counter corruption and speed up decision making in military procurement.
II. The council is headed by the Defence Secretary, Government of India.

Choose the correct code:

a. I only
b. II only
c. Both I and II
d. Neither I nor II


Answer: a
• In-order to counter corruption and speed up decision- making in military procurement, the Government of India in 2001 set up an integrated Defence Acquisition Council (DAC).
• It is headed by the Defence Minister
• To monitor the acquisition process, the DAC will preside over three wings – a Defence Procurement Board which will deal with purchases, a Defence Production Board and a Defence Research and Development Board.
• The Defence Secretary will be the key person in the procurement chain as he will be the single point head of the procurement and production boards. The production board will supervise procurement from indigenous sources, such as ordnance factories and equipment manufactured under a foreign licence.


3. Consider the following statements regarding the Mobile Open Exchange Zone (MOX).

I. MOX is present in every city which is a hub of electronics and e-commerce.
II. It brings service providers, handset manufacturers, mobile content, application and service providers, retailers and distributors at one place.
III. MOX will help strengthen industry-academia relations.
IV. The ecosystem will channelize FDI and generate revenues from production-based and source-based taxes.

Identify the statements that are correct:

a. I and II only
b. II and III only
c. II and IV only
d. All the above are correct


Answer: b
• India’s first Mobile Open Exchange (MOX) zone is located in World Trade Centre- Noida, UP.
• It brings infrastructure service providers, handset manufacturers, mobile content, application and service providers, retailers and distributors at one place.
• The ecosystem would channelize foreign direct investment and generate revenues from consumption-based and destination-based taxes.
• Its proximity to universities will strengthen industry-academia relations and provide them opportunity to work together in R&D.


4. SC/ST (Prevention of Atrocities) Act has been trending in news. Which of the following statements regarding the Act is not correct?

I. At present, there is no absolute bar for granting anticipatory bail in a matter under the Act.
II. At present, arresting of an accused person under the act requires approval from the concerned authorities.
III. An arrest is not mandatory under the SC/ST Act, and the automatic arrest has been scrapped by the Supreme Court.

Choose the correct code:

a. I and II only
b. III only
c. I,II and III
d. None of the above


Answer: d
• The Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989 (SC/ST Act) -protects Scheduled Castes and Scheduled Tribes from caste based discrimination and aggression.
• On 20 March 2018, with a view to prevent the misuse of provisions of the Act, the Supreme Court has issued a string of directions. [Refer March 20th SC Judgement on SC/ST Act]
• The Government has recently decided to bring a constitution amendment bill in Parliament to restore the original provisions of the SC/ST Act.


5. Which of the following wars was brought to an end by the ‘Treaty of Yandabo’?

a. 1st Anglo-Mysore war
b. Anglo-Nepal war
c. 2nd Anlgo-Afghan war
d. 1st Anglo-Burmese war


Answer: d
• The Treaty of Yandabo was the peace treaty that ended the First Anglo- Burmese War.
• The Treaty was signed on 24 February 1826; nearly two years after the war formally broke out on 5 March 1824.
• With the British army at the Yandabo village only 80Kms from the capital Ava, the Burmese were forced to accept the British terms without discussion.
• Option a – Treaty of Madras, signed on 2 April 1769 between Mysore and the British East India Company.
• Option b – Treaty of Sugauli, signed on 2 December 1815 and ratified by 4 March 1816, between the East India Company and King of Nepal.
• Option c – Treaty of Gandamak, signed on May, 1879,between the East India Company and His Highness Muhammad Yakub Khan, Amir of Afghanistan


 

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