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Daily UPSC Prelims Current Affairs – October 14, 2022 [Mock Test]
Daily UPSC Prelims Current Affairs – October 14, 2022 [Mock Test]
![Daily UPSC Prelims Current Affairs – October 14, 2022 [Mock Test]](https://i0.wp.com/www.gktoday.in/wp-content/uploads/2022/09/unnamed.png?fit=300%2C200&ssl=1)
1. Which of the following statements regarding the Election Laws (Amendment) Act, 2021 is/are correct?
- It enables the linking of electoral roll data with the Aadhaar ecosystem.
- It aims to curb the menace of multiple enrolments of the same person in different places.
- Two qualifying dates will be declared for updating the voting rolls.
Select the correct answer using the codes given below:
[A] Only 1
[B] Only 2 & 3
[C] Only 1 & 2
[D] 1, 2 & 3
Show Answer
Correct Answer: C [Only 1 & 2]
Notes:
The Act amends the Representation of People’s Act, 1950 to enable linking of electoral rolls with Aadhaar and aims to curb multiple enrolments. However, it introduces four qualifying dates for voter roll updates: January 1, April 1, July 1, and October 1, not just two. It also makes language for voters more gender-neutral by replacing ‘wives’ with ‘spouse’.
2. Consider the following:
- The Government Accounting Standards Advisory Board (GASAB) was constituted by the Ministry of Natural Resources in 2002 to prepare a concept paper on Natural Resource Accounting.
- One of the goals of GASAB was to prepare asset accounts on mineral and energy resources.
Which of the above statements is/are correct?
[A] Only 1
[B] Both 1 and 2
[C] Neither 1 nor 2
[D] Only 2
Show Answer
Correct Answer: D [Only 2]
Notes:
Statement 1 is incorrect as GASAB was constituted by the Comptroller and Auditor General (CAG) of India, not the Ministry of Natural Resources. Statement 2 is correct; one of GASAB’s major goals is the preparation of asset accounts on mineral and energy resources within the framework of Natural Resource Accounting.
3. In which of the following construction models, the government insulates the contractor from financial risk?
- Engineering, Procurement and Construction (EPC) model
- Hybrid Annuity Model (HAM)
- Build-Operate-Transfer (BOT) model
Choose the correct answer using the codes given below:
[A] Only 1
[B] Only 1 & 2
[C] Only 2 & 3
[D] 1, 2 & 3
Show Answer
Correct Answer: A [Only 1]
Notes:
- Under the Engineering, Procurement and Construction (EPC) model, the government pays the entire cost, thereby insulating the contractor entirely from financial risk.
- Under the Hybrid Annuity Model (HAM), 40 per cent of the project cost is paid by the government as construction support to the private developer, and the remaining 60 per cent is to be arranged by the developer.
- Under the Build-Operate-Transfer (BOT) model, a private player is granted a concession to finance, build and operate a project for a specified period of time (20- or 30-year concession period), with the developer recouping the investments by way of user charges or tolls charged from customers using the facility, and thereby taking on a certain amount of financial risk.
Originally written on
October 16, 2022
and last modified on
October 16, 2022.
Tags: upsc prelims test series 2023
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