Daily UPSC Prelims Current Affairs – June 7, 2022 [Mock Test]
June 7, 2022 June 7, 2022
1. Which of the following initiatives has /have been launched by the National Informatics Centre (NIC)?
- National Knowledge Netwrok
- NICNET
- PARIVESH
- e-Urvarak
Choose the correct answer using the codes given below:
[A] Only 1 & 2
[B] Only 2
[C] Only 1, 2 & 4
[D] 1, 2, 3 & 4
Show Answer
Correct Answer: D [1, 2, 3 & 4 ]
Notes:- National Knowledge Network(NKN) is a multi-gigabit national research and education network, whose purpose is to provide a unified high speed network backbone for educational and research institutions in India. The network is managed by the National Informatics Centre.
- NICNET is a satellite-based nation-wide computer-communication network, that is a type of Wide Area Network (WAN). Through NICNET, NIC has been instrumental in steering e-Governance applications in Government Ministries/ Departments at the Centre, States, Districts and Block level, facilitating improvement in Government services, wider transparency, promoting decentralized planning and management, resulting in better efficiency and accountability to the people of India.
- PARIVESH(Pro-Active and Responsive facilitation by Interactive, Virtuous and Environmental Single-window Hub) is a Single-Window Integrated Environmental Management System, developed in pursuance of the spirit of ‘Digital India’ initiated by the Prime Minister and capturing the essence of Minimum Government and Maximum Governance. The system has been designed, developed and hosted by the Ministry of Environment, Forest and Climate Change, with technical support from National Informatics Centre, (NIC).
- e-Urvarak is an integrated Fertiliser Management System (iFMS) for effective monitoring of fertiliser movement in accordance with the state-wise requirement to ensure timely availability of fertilisers to the farmers.
2. With respect to the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Act, consider the following statements:
- It creates a Coordination Committee headed by Corporate Affairs Minister.
- The Committee must conclude its inquiry in 180 days from the receipt of the preliminary examination report.
- It changes the disciplinary mechanism provided under the earlier Acts.
Choose the correct answer using the codes given below:
[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 1 & 3
[D] 1, 2 & 3
Show Answer
Correct Answer: B [Only 2 & 3]
Notes:- The Bill amends the Chartered Accountants Act, 1949, the Cost and Works Accountants Act, 1959, and the Company Secretaries Act, 1980.
- The Bill provides mechanism for dealing with cases of misconduct in three institutes – the Institute of Chartered Accountants of India (ICAI), the Institute of Cost Accountants of India and the Institute of Company Secretaries of India.
- It changes the disciplinary mechanism under the three Acts and specifies timelines for disciplinary proceedings. It also provides more external representation on the Board of Discipline and Disciplinary Committee.
- The Bill creates a Coordination Committee headed by the Secretary of the Ministry of Corporate Affairs.
- Firms must now register with the Institutes.
- The Bill amends the Acts to provide that the Presiding Officer shall be nominated by the central government.
- The Committee must conclude its inquiry in 180 days from the receipt of the preliminary examination report.
- The Bill increases the maximum amount of fine to Rs. 10 lakhs.
3. Which of the following statements on ‘electoral bonds’ are correct?
- These are financial instruments to donate money to political parties.
- These bonds have a maximum limit.
- Only State Bank of India is authorized to issue and encash these bonds.
Select the correct answer using the codes given below:
[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 1 & 3
[D] 1, 2 & 3
Show Answer
Correct Answer: C [Only 1 & 3]
Notes:- Electoral bonds are financial instrument through which anyone can donate money to political parties.
- These bonds are issued in multiples of Rs. 1,000, Rs. 10,000, Rs. 1 lakh, Rs. 10 lakh and Rs. 1 crore without any maximum limit.
- State Bank of India is authorised to issue and encash these bonds, which are valid for fifteen days from the date of issuance.
- These bonds are only redeemable in the designated account of a registered political party.
- The bonds are available for purchase by any citizen of India for a period of ten days each in the months of January, April, July and October as may be specified by the Central Government.
- A person being an individual can buy bonds, either singly or jointly with other individuals.
- The donor’s name is not mentioned on the bond.
- Donors who contribute less than Rs. 20,000 to political parties through purchase of electoral bonds need not provide their identity details such as PAN, etc.
