Daily Current Affairs MCQ / UPSC / IAS / 04-07-19 | PDF Downloads

MCQ 1

1. SECI is the only Central Public Sector Undertaking (CPSU) dedicated to solar energy sector.
2. SECI is also a company under Union Ministry of New and Renewable Energy (MNRE).

 Choose correct
(A) Only 1
(B) Only 2
 (C)Both
(D) None

• Delhi Police goes green, signs pact to implement rooftop solar energy systems
• The Delhi police will set up rooftop solar energy systems in over 200 of its buildings across the city, officials said Wednesday.
• A pact in this regard was signed between Solar Energy Corporation of India (SECI) and the Delhi police.
• Under this, SECI – a PSU under the Ministry of New and Renewable Energy (MNRE) and the government’s nodal agency for implementation of the National Solar Mission, will support the implementation of grid-connected rooftop solar photovoltaic systems on the establishments of Delhi police

MCQ 2

1. Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting is related to OECD
2. BEPS is related with the issue of Tax Evasion

Choose correct
 (A)Only 1
(B)Only 2
(C)Both
(D)None

• India has ratified Multilateral Convention to Implement Tax Treaty Related Measures (MLI) to prevent Base Erosion and Profit Shifting (BEPS). It will pave way for amendments to double taxation avoidance agreements (DTAA) with countries signatories to convention to plug revenue leakages. The provisions enshrined in framework will come into effect from fiscal year 2020-21 for bilateral tax treaties.
• Earlier on 25 June 2019 India deposited to OECD an Instrument of ratification, along with India’s final position in terms of reservations, Covered Tax Agreements (CTAs), options and notifications under MLI.
• MLI will enter into force for India on 1 October 2019 and provisions enshrined in framework will come into effect on India’s DTAAs from fiscal year 2020-21 for bilateral tax treaties.
• The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting, sometime abbreviated BEPS multilateral instrument, is a multilateral convention of the Organisation for Economic Co-operation and Development to combat tax avoidance by multinational enterprises (MNEs) through prevention of Base Erosion and Profit Shifting (BEPS). The BEPS multilateral instrument was negotiated within the framework of the OECD G20 BEPS project and enables countries and jurisdictions to swiftly modify their bilateral tax treaties to implement some of the measures agreed
• The OECD G20 Base Erosion and Profit Shifting Project (or BEPS Project) is an OECD/G20 project to set up an international framework to combat tax avoidance by multinational enterprises (“MNEs”) using base erosion and profit shifting tools.
• The project, led by the OECD’s Committee on Fiscal Affairs, began in 2013 with OECD and G20 countries, in a context of financial crisis and tax affairs (e.g. Offshore Leaks). Currently, after the BEPS report has been delivered in 2015, the project is now in its implementation phase, 116 countries are involved, including a majority of developing countries. During two years, the package was developed by participating members on an equal footing, as well as widespread consultations with jurisdictions and stakeholders, including business, academics and civil society. And since 2016, the OECD/G20 Inclusive Framework on BEPS provides for its 116 members a platform to work on an equal footing to tackle BEPS, including through peer review of the BEPS minimum standards, and monitoring of implementation of the BEPS package as a whole.
• The BEPS project looks to develop multilateral dialogue and could be achieved thanks to a successful international cooperation, unavoidable when it comes to such a domestic and sovereign topic. It is one of the instances of the OECD that involves developing countries in its process. The European Commission and the US have unilaterally taken actions in 2017-2018 that implement several key measures of the BEPS project, even going beyond in some cases.

MCQ 3

1. UNRWA is the only UN agency dedicated to helping refugees from a specific region or conflict and is under UNHCR
2. India has stopped the annual financial contribution to United Nation Palestine refugee agency.

 Choose correct
(A) Only 1
(B) Only 2
(C) Both
(D)None

• Created in December 1949, the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) is a relief and human development agency which supports more than 5 million registered Palestinian refugees, and their patrilineal descendants, who fled or were expelled from their homes during the 1948 Palestine war as well as those who fled or were expelled during and following the 1967 Six Day war.Originally intended to provide jobs on public works projects and direct relief, today UNRWA provides education, health care, and social services to the population it supports. Aid is provided in five areas of operation: Jordan, Lebanon, Syria, the Gaza Strip and the West Bank, including East Jerusalem; aid for Palestinian refugees outside these five areas is provided by UNHCR

MCQ 4

1. National Defense Authorisation Act is the act regarding our defence procurement in india
2. It also recognises defence partners of india

Choose correct
(A) Only 1
(B) Only 2
(C) Both
 (D) None
MCQ 5

1. UIDAI is a statutory authority under the aegis of ministry of home affairs
2. Adhaar Sewa Kendras will be set up in the country in every district replacing present updation works by Banks and Post offices

Choose correct
(A) Only 1
(B) Only 2
(C) Both
(D) None

• It is a Government agency which was founded on 28 January 2009, as an attached office of then Planning Commission (now NITI Aayog). It is Headquartered in New Delhi. On 12 July 2016, it was established by Government of India, as a statutory authority under the provisions of Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (or Aadhaar Act 2016) under the aegis of Ministry of Electronics and Information Technology (MeitY). Function: It is mandated to issue Aadhaar to all Residents of India, which is an easily verifiable 12 digit random number as Unique Identity

MCQ 6
INSTEX recently in news is related to

1. Space tech
2. Tax agreement between India and US
3. Software for logistics clearances application
4. Non dollar trade with Iran

• Iran has threatened that country is planning to increase its enrichment of uranium closer to weapons-grade levels by July 7 and to suspend its other commitments under JCPOA deal in 10 days unless European powers took steps to implement their new mechanism called INSTEX for facilitating trade. Iran also announced that it is planning to suspend other commitments also.
• INSTEX stands for Instrument in Support of Trade Exchanges. It is a specialpurpose vehicle established in January 2019 by E3 i.e. France, Germany and United Kingdom to facilitate non-dollar trade with Iran amid US unilateral withdrawal from JCPOA.
• This new trading system is designed to circumvent sanctions on Iran. As of May 2019 use of SPV is limited to humanitarian purposes such as purchase of otherwise embargoed foods or medicines. Issue: On 28 June 2019, EU stated that INSTEX has been made operational and that 1st transactions are being processed, but according to Iran, it did not meet needs…

1. MCQ 7
2. Garuda VI is a bilateral air exercise between
3. India & US
4. India & Italy
5. India & Myanmar
6. India & france

• Indian Air Force (IAF) and Armée de l’Air (French Air Force) are participating in Garuda VI, a bilateral air exercise at Mont de Marsan in France. The last edition of joint exercise between IAF-FAF was held in June 2014 at Air Force Station Jodhpur, Rajasthan. This year is the 6th edition of exercise which is taking place from 1 July to 12 July 2019.
• IAF contingent comprises of- 120 air-warriors and 4 Sukhoi 30 MKI along with an IL-78 flight refuelling aircraft. Also, IAF’s C-17 Globemaster strategic lift aircraft will provide logistics support to contingent during induction and de-induction phases.
• French Air Force (FAF) units will comprise- Rafale, Mirage 2000, C135, E3F, C130, Casa and Alpha Jet.

1.  MCQ 8

1. Jal Shakti Abhiyan will work under Ministry of drinking water and sanitation
2. It will be run from 1 st July to 15 Sept all over the country

1. Choose correct
   (A) Only 1
   (B) Only 2
   (C) Both
    (D) None

1. Campaign is centred on 5 aspects
2. Water conservation and rainwater harvesting
3. Renovation of traditional and other water bodies/tanks
4. Reuse of water and recharging of structures such as bore well
5. Watershed development
6. Intensive afforestation.

1. MCQ 9 Ascent Abort-2 is a

1. Satellite by ESA
2. a launch-abort system by NASA
3. Online campaign against female foeticide
4. None

1. MCQ 10

1. Northern white rhinoceros are functionally extinct
2. Only two known rhinos of this subspecies are left, both of which are females left in assam.
3. Choose correct
   (A) Only 1
   (B) Only 2
   (C) Both
   (D) None

• The northern white rhinoceros, or northern square-lipped rhinoceros (Ceratotherium simum cottoni), is one of two subspecies of the white rhinoceros (the other being the southern white rhinoceros). Formerly found in several countries in East and Central Africa south of the Sahara, this subspecies is a grazer in grasslands and savanna woodlands. As of March 19, 2018, there were only two known rhinos of this subspecies left, both of which are female; barring the existence of unknown or misclassified male northern white rhinos elsewhere in Africa, this makes the subspecies functionally extinct. The two female rhinos belong to the Dvůr Králové Zoo in the Czech Republic but live in the Ol Pejeta Conservancy in Kenya and are protected round-the-clock by armed guards.

 

 
 

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