Bhalki Conspiracy is associated with one of the following historical events in India?

a)  Non Cooperation Movement

b) Prince of Wales’s Tour of India In 1875-6

c)  Quit India Movement

d) Echo of India’s First War of Independence

Answer: (d) Echo of India’s First War of Independence

Explanation:

In NEWS: Forgotten tales of the freedom struggle in North Karnataka

Echo of First War of Independence

Source: https://www.thehindu.com/news/national/karnataka/forgotten-tales-of-the-freedom-struggle-in-north-karnataka/article35966328.ece

Consider the following statements regarding Third party funding in arbitration:

1) It is a concept where an unrelated party to a dispute finances the legal cost of one of the parties.

2) This form of financing improves access to justice.

3) This concept is banned in India.

Which of the above statements is/are correct?

a) 1 and 3 only

b) 1 and 2 only

c) 3 only

d) 1, 2 and 3

Answer: (b) 1 and 2 only

Explanation:

In NEWS: Case for third party funding    Third party funding in arbitration, or litigation funding, is a concept where an unrelated party to a dispute finances the legal cost of one of the parties. Hence statement (1) is correct

Source: https://www.thehindu.com/opinion/op-ed/case-for-third-party-funding/article35948248.ece

Consider the following statements regarding Cabinet Committee on Security (CCS):

1) It is chaired by the Minister of Defence.

2) It is responsible for conducting discussions and debates on issues on national security.

Which of the above statements is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Answer: (b) 2 only

Explanation:

In NEWS: CCS meets on next steps, PM says need to assist ‘Afghan brothers, sisters’

About Cabinet Committee on Security

The following are the members of the CCS:

Functions of Cabinet Committee on Security

Source: https://indianexpress.com/article/india/ccs-meet-afghanistan-crisis-taliban-takeover-narendra-modi-7458790/

Consider the following statements regarding Cabinet Committees:

1) They are not mentioned in the Constitution.

2) All committees are headed by the Prime Minister.

Which of the above statements is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Answer: (a) 1 only

Explanation:

In NEWS: CCS meets on next steps, PM says need to assist ‘Afghan brothers, sisters’

About Cabinet Committees

Eight Cabinet Committees:

Source: https://indianexpress.com/article/india/ccs-meet-afghanistan-crisis-taliban-takeover-narendra-modi-7458790/

Consider the following statements regarding Enforcement Directorate:

1) It is a specialized financial investigation agency under the Ministry of Finance.

2) It is a Multi Disciplinary Organization mandated with the task of enforcing the provisions of two special fiscal laws – Foreign Exchange Management Act, 1999 (FEMA) and Prevention of Money Laundering Act, 2002 (PMLA).

Which of the above statements is/are correct?

a)1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: ED attaches ₹234-crore assets linked to ex-MLA

About Enforcement Directorate

   It is a Multi-Disciplinary Organization mandated with the task of enforcing the provisions of two special fiscal laws – Foreign Exchange Management Act, 1999 (FEMA) and Prevention of Money Laundering Act, 2002 (PMLA). Hence statement (2) is correct.

        The origin of this Directorate goes back to 1st May, 1956, when an ‘Enforcement Unit Was formed, in Department of Economic Affairs, for handling Exchange Control Laws violations under Foreign Exchange Regulation Act, 1947 (FERA, 1947).

    In the year 1957, this Unit was renamed as ‘Enforcement Directorate’. The administrative control of the Directorate was transferred from Department of Economic Affairs to Department of Revenue in 1960. Hence statement (1) is correct.

Special courts:

Source: https://www.thehindu.com/news/national/other-states/ed-attaches-234-crore-assets-linked-to-ex-mla/article35960317.ece

Consider the following statements regarding Hirakud Dam:

1) It is built across the Damodar River.

2) It is a composite structure of earth, concrete and masonry and is the longest major earthen dam in India.

Which of the above statements is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: Wild cattle: On an island in Hirakud, cattle have grown wild for 60 years

There’s every chance of visitors to the Hirakud reservoir in western Odisha bumping into the large numbers of cattle growing in the wild there for over 60 years

About Hirakud Dam

    It is a composite structure of earth, concrete and masonry. It is the longest major earthen dam in India. Hence statement (2) is correct.

About Mahanadi River

Major Tributaries of the Mahanadi river

Source: https://www.thehindu.com/news/national/other-states/wild-cattle-on-an-island-in-hirakud-cattle-have-grown-wild-for-60-years/article35958959.ece

Consider the following statements regarding Right to be forgotten:

1) In India, there are no legal provisions related to it.

2) It refers to the ability of an individual to limit, delink, delete, or correct the disclosure of the personal information on the internet.

Which of the above statements is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: Acquitted men petition Delhi HC seeking ‘right to be forgotten’

The Delhi High Court on Tuesday asked the Centre and search engine giant Google to respond to a petition by two businessmen, who have invoked the ‘right to be forgotten’, and sought the removal of certain articles relating to a criminal case

About Right to be forgotten

Source: https://www.thehindu.com/news/cities/Delhi/acquitted-men-petition-delhi-hc-seeking-right-to-be-forgotten/article35963288.ece

With respect to Financial inclusion index (FI-Index), Consider the following statements:

1) It is published by the Reserve Bank of India.

2) It will be published annually in July every year.

3) It comprises three broad parameters Access, Usage and Quality.

Which of the above statements is/are correct?

a) 1 and 3 only

b) 1 and 2 only

c) 3 only

d) 1, 2 and 3

Answer: (d) 1, 2 and 3

Explanation:

In NEWS: RBI unveils financial inclusion index

Source: https://www.thehindu.com/news/national/other-states/wild-cattle-on-an-island-in-hirakud-cattle-have-grown-wild-for-60-years/article35958959.ece

Consider the following statements regarding Small finance banks:

1) They are the financial institutions which provide financial services to the unserved and unbanked region of the country.

2) They are registered as a public limited company under the Companies Act, 2013.

Which of the above statements is/are correct?

a) 1 and 3 only

b) 1 and 2 only

c) 3 only

d) 1, 2 and 3

Answer: (a) 1 and 3 only

Explanation:

In NEWS: Bank on SFBs

About Small Finance Banks

Small Finance Banks are governed by the provisions of the:

Source: https://www.thehindubusinessline.com/opinion/editorial/small-finance-banks-are-meeting-inclusion-objectives-and-must-stick-to-their-differentiated-model/article35961663.ece

With reference to the cultural history of India, the memorizing of chronicles, dynastic histories and epic tales was the profession of who of the following?

(a)                     Shramana

(b)                    Parivraajaka

(c)                     Agrahaarika

(d)                    Maagadha

Answer: (d) Maagadha

Explanation:

During Gupta period, the memorizing of chronicles, dynastic histories or epic tales was the work of a different group of people, the sutas and magadhas. Hence option (d) is correct.