1. Name the bill passed by parliament, that allowed trusts to establish units in Special Economic Zone (SEZs)
A. Special Economic Zones Bill, 2019
B. Special Economic Zones for Trusts Bill, 2019
C. Special Economic Zones (Amendment) Bill, 2019
D. Special Economic Zones (Updated) Bill, 2019
E. None of these
2. What is the name of the scheme launched by central government, that allow beneficiaries to buy subsidized foodgrains from any ration shop in the country ?
A. One Nation One Ration Card
B. One Ration One Nation
C. One Ration Card through Nation
D. One Nation and One Ration
E. None of these
3. By which year the scheme, “One Nation One Ration Card” will be available to users in India ?
A. 1 June 2020
B. 1 July 2020
C. 1 December 2019
D. 1 April 2020
E. None of these
4. Who will head the committee formed by Telecom Minister Ravi Shankar Prasad to look into the revival plans for Telecom sector which is under financial stress ?
A. Rajiv Gupta
B. Kamendra Kumar
C. Seshagiri Rao
D. Aruna Sundararajan
E. None of these
5. Name the new initiative approved by University Grants Commission (UGC) to boost research culture in India .
A. Scheme for Promotion of Academic and Research Collaboration (SPARC)
B. Centre with Potential for Excellence in Research Cutural Areas (CPERCA)
C. Scheme for Trans-disciplinary Research for India’s Developing Economy (STRIDE)
D. Special Assistance Programme for Culture(SAPC)
E. None of these
Answers and Explanations
1. Answer - Option C
Explanation -
The Parliament passed The Special Economic Zones (Amendment) Bill, 2019 which became the first legislation to be passed by the newly constituted 17th Lok Sabha. It will replace the Special Economic Zones (Amendment) Ordinance, 2019, which was promulgated in March 2019 and amends Special Economic Zones (SEZ) Act 2005.The new bill amends the definition of “person” under Section 2(v) of the SEZ Act 2005 to include ‘trusts’. SEZs Act, 2005, did not permit ‘trusts’ to set up units in SEZs. According to the law, an individual, a Hindu divided family, a company, co-operative society or a firm fall in the definition of a “person”.As on March 31, 2019, the investment in SEZs was over Rs 5 lakh crore and the employment was over 20 lakh in SEZs. Exports from SEZs was more than Rs 7 lakh crore.
2. Answer - Option A
Explanation -
The central government’s ambitious project of ‘One Nation One Ration Card’, under which beneficiaries can buy subsidized food-grains from any ration shop in the country.
3. Answer - Option B
Explanation -
The central government’s ambitious project of ‘One Nation One Ration Card’, under which beneficiaries can buy subsidized food grains from any ration shop in the country will begin on 1 July 2020. Deadline: The Centre has given states and Union Territories time till June 30, 2020, to use point of sale (PoS) machines in the ration shops and roll out the scheme. Present status: 77% of the ration shops across the country have PoS machines.Andhra Pradesh, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Maharashtra, Rajasthan, Telangana, and Tripura are the states already providing portability of Public Distribution System (PDS) entitlements.
4. Answer - Option D
Explanation -
On June 28, 2019, Telecom Minister Ravi Shankar Prasad formed a committee headed by Telecom Secretary Aruna Sundararajan to look into the revival plans for Telecom sector which is under financial stress. It will review the issues in the sector and promote Ease of Doing Business (EDB).The committee will submit the report in 2 weeks time.It will look into the previous recommendations provided by the telecom regulator Telecom Regulatory Authority of India (TRAI) and will consult Solicitor General, if it requires any clarity on issues.
5. Answer - Option C
Explanation -
In order to boost research culture in India, the University Grants Commission (UGC) approved a new initiative – Scheme for Trans-disciplinary Research for India’s Developing Economy (STRIDE).Importance: It will strengthen research culture and innovation in colleges and universities by assisting students and faculty to contribute towards India’s developing economy with the help of collaborative research.