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Question 1 of 5
1. Question
Q1. With reference to Deputy Speaker of Lok Sabha, consider the following statements:
1. As per the Rules of Procedure and Conduct of Business in Lok Sabha, the election of Deputy Speaker shall be held on such date as the Speaker may fix.
2. There is a mandatory provision that the election of a candidate as Deputy Speaker of Lok Sabha shall be from either the principal opposition party or the ruling party.
3. The Deputy Speaker has the same power as of the Speaker when presiding over the sitting of the House and no appeal lies against his rulings.
4. The well-established parliamentary practice regarding the appointment of Deputy Speaker is that the motion is moved by the Speaker and duly seconded by the Prime Minister.
Which of the statements given above are correct?
Correct
(a) 1 and 3 only
Article 93 says that the House of the People (Lok Sabha) shall, as soon as may be, choose two members to be Speaker and Deputy Speaker so often as the offices become vacant. However, it does not provide a specific time frame.
Article 178 contains the corresponding position for Speaker and Deputy Speaker of the Legislative Assembly of a state.
In Lok Sabha, the election of Deputy Speaker is governed by Rule 8 of The Rules of Procedure and Conduct of Business in Lok Sabha. According to the Rule, the election “shall be held on such date as the Speaker may fix”, and the Deputy Speaker is elected once a motion proposing his name is passed. (Statement 1 is correct)
Up to the 10th Lok Sabha, both the Speaker and the Deputy Speaker were usually from the ruling party. Since the 11th Lok Sabha, there has been a consensus that the Speaker comes from the ruling party (or ruling alliance) and the post of Deputy Speaker goes to the main opposition party. (Statement 2 is not correct)
Article 95(1) says: “While the office of Speaker is vacant, the duties of the office shall be performed by the Deputy Speaker”. The Deputy Speaker has the same powers as the Speaker when presiding over a sitting of the House. All references to the Speaker in the Rules are deemed to be references to the Deputy Speaker when he presides. No appeal lies to the Speaker against a ruling given by the Deputy Speaker or any person presiding over a sitting of the House in the absence of the Speaker. (Statement 3 is correct)
The well-established parliamentary practice is that a motion is moved by the Parliamentary Affairs Minister and duly seconded by the treasury benches or by the opposition, which is carried by the House. (Statement 4 is not correct)
Incorrect
(a) 1 and 3 only
Article 93 says that the House of the People (Lok Sabha) shall, as soon as may be, choose two members to be Speaker and Deputy Speaker so often as the offices become vacant. However, it does not provide a specific time frame.
Article 178 contains the corresponding position for Speaker and Deputy Speaker of the Legislative Assembly of a state.
In Lok Sabha, the election of Deputy Speaker is governed by Rule 8 of The Rules of Procedure and Conduct of Business in Lok Sabha. According to the Rule, the election “shall be held on such date as the Speaker may fix”, and the Deputy Speaker is elected once a motion proposing his name is passed. (Statement 1 is correct)
Up to the 10th Lok Sabha, both the Speaker and the Deputy Speaker were usually from the ruling party. Since the 11th Lok Sabha, there has been a consensus that the Speaker comes from the ruling party (or ruling alliance) and the post of Deputy Speaker goes to the main opposition party. (Statement 2 is not correct)
Article 95(1) says: “While the office of Speaker is vacant, the duties of the office shall be performed by the Deputy Speaker”. The Deputy Speaker has the same powers as the Speaker when presiding over a sitting of the House. All references to the Speaker in the Rules are deemed to be references to the Deputy Speaker when he presides. No appeal lies to the Speaker against a ruling given by the Deputy Speaker or any person presiding over a sitting of the House in the absence of the Speaker. (Statement 3 is correct)
The well-established parliamentary practice is that a motion is moved by the Parliamentary Affairs Minister and duly seconded by the treasury benches or by the opposition, which is carried by the House. (Statement 4 is not correct)
Question 2 of 5
2. Question
The global private, fiscal and social costs of children and youth not learning by which organization?
Correct
(c) UNESCO
The price of inaction: the global private, fiscal and social costs of children and youth not learning
First global report illustrating the monetary costs to economies around the world of leaving children and youth behind in education.
Report is prepared by UNESCO in collaboration with OECD and the Commonwealth Secretariat.
It analysed the economic and societal cost of educational deficiencies for the first time.
Key Findings
Out-of-school children and educational gaps cost the global economy $10,000 billion annually.
Around 250 million children and young people globally remain out of school despite decades of effort. 57 % of the world’s children have not gained basic skill levels. Each year of secondary education reduces the risk of girls marrying and having a child before age 18.
Female early school leavers are linked to a 59% increase in early pregnancies. Reducing early school leavers or those without basic skills by 10% could boost annual GDP growth by 1 to 2% points.
Incorrect
(c) UNESCO
The price of inaction: the global private, fiscal and social costs of children and youth not learning
First global report illustrating the monetary costs to economies around the world of leaving children and youth behind in education.
Report is prepared by UNESCO in collaboration with OECD and the Commonwealth Secretariat.
It analysed the economic and societal cost of educational deficiencies for the first time.
Key Findings
Out-of-school children and educational gaps cost the global economy $10,000 billion annually.
Around 250 million children and young people globally remain out of school despite decades of effort. 57 % of the world’s children have not gained basic skill levels. Each year of secondary education reduces the risk of girls marrying and having a child before age 18.
Female early school leavers are linked to a 59% increase in early pregnancies. Reducing early school leavers or those without basic skills by 10% could boost annual GDP growth by 1 to 2% points.
Question 3 of 5
3. Question
Match the following India’s UNESCO’s list of Intangible Cultural Heritage of Humanity?
Intangible List State
1. Garba i. Gujarat
2. Kalbelia ii. Rajasthan
3. Chhau iii. Odisha
4. Sankirtana iv. Manipur
5. Mudiyettu v. Kerala
Select the correct answer options from below?
Correct
a)
Garba joined other the 14 other elements from India that have been inscripted to UNESCO’s representative list of Intangible Cultural Heritage are Ramlila; yoga; vedic chanting; Kutiyattam, Sanskrit theatre of Kerala; Ramman, religious festival and ritual theatre of the Garhwal Himalayas; Mudiyettu, ritual theatre and dance drama of Kerala; Kalbelia folk songs and dances of Rajasthan; Chhau dance of eastern India; Buddhist chanting of Ladakh; Sankirtana, ritual singing, drumming and dancing of Manipur; traditional brass and copper craft of utensil making in Punjab; Nawrouz; Kumbh Mela and Durga Puja in Kolkata.
Incorrect
a)
Garba joined other the 14 other elements from India that have been inscripted to UNESCO’s representative list of Intangible Cultural Heritage are Ramlila; yoga; vedic chanting; Kutiyattam, Sanskrit theatre of Kerala; Ramman, religious festival and ritual theatre of the Garhwal Himalayas; Mudiyettu, ritual theatre and dance drama of Kerala; Kalbelia folk songs and dances of Rajasthan; Chhau dance of eastern India; Buddhist chanting of Ladakh; Sankirtana, ritual singing, drumming and dancing of Manipur; traditional brass and copper craft of utensil making in Punjab; Nawrouz; Kumbh Mela and Durga Puja in Kolkata.
Question 4 of 5
4. Question
Recently the term “SUVAS” an artificial intelligence enabled tool was in news, it relates to which of the following below?
Correct
(a) Translation of Supreme Court Proceedings in regional language
The Supreme Court has deployed SUVAS, a machine-assisted translation tool trained by Artificial Intelligence, in order to promote regional languages in judicial procedure.
“SUVAS has been developed with technical support from the Ministry of Electronics and Information Technology. This tool is specially designed for the judicial domain and currently has the capacity of translating English judicial documents, orders or judgments into eleven vernacular languages,
The landmark Kesavananda Bharati verdict, which laid down the “basic structure doctrine” of the Constitution, is available in 10 Indian languages on the SC website so as to reach out to a wider section of Indian society.
Incorrect
(a) Translation of Supreme Court Proceedings in regional language
The Supreme Court has deployed SUVAS, a machine-assisted translation tool trained by Artificial Intelligence, in order to promote regional languages in judicial procedure.
“SUVAS has been developed with technical support from the Ministry of Electronics and Information Technology. This tool is specially designed for the judicial domain and currently has the capacity of translating English judicial documents, orders or judgments into eleven vernacular languages,
The landmark Kesavananda Bharati verdict, which laid down the “basic structure doctrine” of the Constitution, is available in 10 Indian languages on the SC website so as to reach out to a wider section of Indian society.
Question 5 of 5
5. Question
Capital Adequacy Ratio (CAR) is a crucial measure for assessing the financial health of banks. Consider the following statements regarding Capital Adequacy Ratio and select the correct option(s):
1. CAR is a regulatory requirement that ensures banks maintain a minimum level of capital to cover their risk-weighted assets.
2. The Basel Committee on Banking Supervision provides guidelines for the calculation of CAR.
3. Common Equity Tier 1 (CET1) capital is a key component of CAR.
4. CAR is calculated by dividing a bank’s total capital by its total assets.
How many of the following statements is/are correct?
Correct
(c) Only three
CAR is a regulatory requirement that mandates banks to maintain a minimum level of capital to cover their risk-weighted assets. The Basel Committee on Banking Supervision provides guidelines for the calculation of CAR. Common Equity Tier 1 (CET1) capital is a key component of CAR, representing the highest quality capital.
CAR is calculated by dividing a bank’s Tier 1 capital by its risk-weighted assets, not by its total assets (Statement 4 is incorrect).
Incorrect
(c) Only three
CAR is a regulatory requirement that mandates banks to maintain a minimum level of capital to cover their risk-weighted assets. The Basel Committee on Banking Supervision provides guidelines for the calculation of CAR. Common Equity Tier 1 (CET1) capital is a key component of CAR, representing the highest quality capital.
CAR is calculated by dividing a bank’s Tier 1 capital by its risk-weighted assets, not by its total assets (Statement 4 is incorrect).