Current Affairs MCQ for UPSC Exams - 28 MARCH 2019

Q1. Consider the following statements regarding the difference between(LEO) low earth orbit and geo stationary orbit (GEO) satellites :

1) The advantage of the LEO system is that the satellites’ proximity to the ground enables them to transmit signals with no or very little delay, unlike GEO’s.
2) LEO satellites have their period of revolution equal to that of the rotation of the earth while GEO’s are comparatively slower that the speed of earth’s rotation.
3) LEO satellite appears to be travelling across the sky from the earth while GEO’s seems to be moving along with the earth. This satellite would appear stationary from the earth.

Which of the above statements are true ?

a) 1& 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all of the above

Q2. The electoral bond scheme was introduced in 2017 to bring in transparency in the process of electoral funding in India. The act amended which of the following acts in India ?

1) The RBI act 1934
2) The Income tax act 1961
3) Foreign Contribution (Regulation) Act of 2010.
4) Society’s registration act 1860
5) The Companies act 2013

a) 1,2 & 3 only
b) 3,4 & 5 only
c) 1,2,3 & 5 only
d) 2 & 3 only

Q3. Which of the following statements regarding BEPS (Base Erosion and Profit Shifting) are true ?

1) The (OECD)’s Base Erosion and Profit Shifting (BEPS) initiative seeks to close gaps in international taxation for companies that allegedly avoid taxation by engaging in tax inversions (moving operations) or by migrating intangibles to lower tax jurisdictions.
2) BEPS is of major significance for developing countries due to their heavy reliance on corporate income tax, particularly from multinational enterprises.
3) India and the U.S. signed an inter-government agreement for the automatic exchange of country-by-country (CbC) reportsmaking India compliant with the Base Erosion and Profit Shifting (BEPS) project.

a) 1& 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all of the above

Q4. Which of the following statements regarding the recent ILO report on employment-skill updation prospects of India are true ?

1) Arguing that skills are the currency of the modern workplace, the report cites studies which estimate that “by 2020 there may be a global shortage of 38-40 million highly skilled workers.
2) According to the report, 66% of Indian businesses say they are looking for quite different skills in new recruits than they were three years ago, with 53% saying it is becoming harder to recruit people with the needed skills
3) Developing countries like India could also face a job loss due to automation of current technologies in future.

a) 1& 2 only
b) 2 & 3 only
c) 1 & 3 only
d) all of the above

Q5. The “Hyuga nada” sea lying to the east of Kyushu islands recently seen in news; is a part of which of the following oceans of the world ?

a) Altantic ocean
b) Pacific ocean
c) Indian ocean
d) Arctic ocean
 

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ANSWER:

1(c), 2(c), 3(d), 4(d), 5(b)