IAS Prelims GS Questions and Answers - May 08, 2015

IAS Prelims GS Questions and Answers - May 08, 2015


1. Consider the following statements

1. The 73th Constitutional Amendment Act provides recognition to the Urban Local Bodies as the third tier of the Government in urban areas.

2. State Election Commissions has a responsibility to conduct elections for urban local bodies

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

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ANSWER: b) Only 2

The 74th Constitutional Amendment Act is related to Urban Local Bodies or It provided constitutional recognition to the Urban Local Bodies as the third tier of the Government in urban areas.
State Election Commissions has a responsibility to conduct elections for urban local bodies under the Article 243(k) of the Constitution of India.



2.Consider the following statements related to GST bill

1. The Centre will have one third weight in the GST Council while the states will have the remaining two-thirds and decisions will have to be passed with 75% vote.

2. Petroleum and Alcohol is excluded from GST

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

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ANSWER: c) Both

GST is an indirect tax levy on manufacture, sale and consumption of goods as well as services at a national level. The decision to keep petroleum out of GST for the time being will also lower the revenue neutral rate (RNR), at which both the Centre and states will not make a loss. Alcohol will also be excluded from GST.



3. Consider the following statements

1. All India Home Rule League was established in 1916

2. Mahatma Gandhi was last president of All India Home Rule League.

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

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ANSWER: c) Both

In 1920, the All India Home Rule League elected Mahatma Gandhi as its President. Within a year it was merged into the Indian National Congress.



4. Consider the following statements

1. Competition Commission of India is a constitutional body

2. Being a quasi-judicial body so the appointment appointment of the Chairman is nominated by higher Judicial body or the Chief Justice of India

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

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ANSWER: d) None

Competition Commission of India was established by the The Competition Act, 2002 so it is a statutory body.The various provisions of the Act indicate that the CCI was required to perform adjudicatory functions, even though the appointment of the Chairman was neither from the higher Judicial body nor was the Chief Justice of India or his nominee involved in his selection. It was established on 14 October 2003.



5.Consider the following statements related to SEZ

1. It is a duty free enclave to be treated as foreign territory for the purpose of trade operations and duties and tariffs.

2. The corporation in SEZs will not have to pay any income tax on their profits for the first five years and only 50% of the tax for 2 more years thereafter.

3. A SEZ does not require a license for exports.

Which of the above statements are true?

a) 1,2
b) 2,3
c) 1,3
d) All the above

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ANSWER: a) 1,2

A SEZ does not require a license for imports.



6. Consider the following statements related to Pradhan mantri suraksha bima yojana

1. The risk coverage of the scheme for accidental death or full disability is Rs. 2 lakhs and for partial disability is Rs. 1 lakh.

2. The person under age group of 18-70 years can avail the benefit of this scheme

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

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ANSWER: c) Both



7. Consider the following statements related to Rashtriya Krishi Vikas Yojana

1. The annual growth target for agriculture is 4%

2. Agricultural comes under concurrent list

Which of the above statements is/are correct?

a) Only 1
b) Only 2
c) Both
d) None

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ANSWER: a) Only 1

Rashtriya Krishi Vikas Yojana is Special Additional Central Assistance Scheme launched in 2007 as a part of the 11th Five Year Plan by the Government of India.
Agriculyure is a state subject.



8.Consider the following statements related to Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY).

1. It will help in improvement of power supply in rural households as well as reduction of peak loads.

2. It will provide 24X7 uninterrupted quality electricity to all parts of the country.

3. Rural Electrification Corporation (REC) is the Nodal Agency for operationalization of this Scheme.

Which of the above statements are true?

a) 1,2
b) 2,3
c) 1,3
d) All the above

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ANSWER: a) 1,2

Deen Dayal Upadhyaya Gram Jyoti Yojana has been launched with the objective of round the clock power to rural households & adequate power for agriculture.The scheme will replace the existing Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY).


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