Daily Current Affair Quiz: 8th November 2019
1. Which of the following statements are true?
1. If an MLA or an MP holds a government office and receives benefits from it, then that office is termed as an “office of profit”.
2. A person will be disqualified if he holds an office of profit under the central or state government, other than an office declared not to disqualify its holder by a law passed by Parliament or state legislature.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- Makers of the Constitution wanted that legislators should not feel obligated to the Executive in any way, which could influence them while discharging legislative functions. In other words, an MP or MLA should be free to carry out her duties without any kind of governmental pressure. The intent is that there should be no conflict between the duties and interests of an elected member.
2. Which of the following statements are true?
1. Asia Infrastructure Investment Bank has more than 80 member nations.
2. India is the largest shareholder in AIIB.
3. AIIB does not have any members from outside Asia
(a) 1 only
(b) 1 and 2
(c) 3 only
(d) 1,2 and 3
Ans: a
Justification:
- It is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond. Currently it has 97 approved members with India as a founding member. • Statement 2 is not correct: India is the second largest shareholder in AIIB with 7.5% voting shares while China holds 26.06% voting shares being the largest.
3. Which of the following statements are true?
1. BIMSTEC includes five countries from South Asia and two from ASEAN.
2. The grouping was formed in 1997.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- In an effort to integrate the region, the grouping was formed in 1997, originally with Bangladesh, India, Sri Lanka and Thailand, and later included Myanmar, Nepal and Bhutan.
- BIMSTEC, which now includes five countries from South Asia and two from ASEAN, is a bridge between South Asia and Southeast Asia. It includes all the major countries of South Asia, except Maldives, Afghanistan and Pakistan.
4. “Rule of Law Index” is released by which of the following?
(a) Amnesty International
(b) International Court of Justice
(c) The Office of UN Commissioner for Human Rights
(d) World Justice Report
Ans: d
Justification:
- The World Justice Project Rule of Law Index measures how the rule of law is experienced and perceived by the general public across the globe. It is the world’s leading source for original, independent data on the rule of law.
5. Which one of the following links all the ATMs in India?
(a) Indian Banks’ Association
(b) National Securities Depository Limited
(c) National Payments Corporation of India
(d) Reserve Bank of India
Ans: c
Justification:
- National Financial Switch (NFS) ATM network having 37 members and connecting about 50,000 ATMs was taken over by NPCI from Institute for Development and Research in Banking Technology (IDRBT) on December 14, 2009.
