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Feb 3rd, 2022 - Daily Quiz

​​​​​​1. Consider the following statements regarding Khwaja Moinuddin Chisti 1. He was a murid of Khwaja Nizamuddin Aulia. 2. His dargah is in Aajmer, Rajisthan. 3. He originally belonged to the Sistan province of Afghanistan. Which of the above statements is/are correct? (a) 1 and 2 only (b) 2 and 3 only (c) 2 only (d) 1 and 3 only 2. Vela, Vagir and Vagsheer that are in news refer to (a) Scorpene class diesel-based submarines. (b) Multi barrel Rocket launcher (c) Fast Patrol vessels (d) IR Vision devices developed by DRDO. 3.
List 1 List 2
Khijadiya wildlife sanctuary Uttar Pradesh
Bakhira wildlife sanctuary Gujarat
Sultanpur National Park Haryana
Which of the above is/are correctly paired? (a) 3 only (b) 2 and 3 only (c) 1 and 3 only (d) 1 and 2 only 4. Which of the following is the correct description of the term tax buoyancy? (a) When tax revenues increase more than proportionately in response to rise GDP. (b) When tax revenues increase less than proportionately in response to rise GDP. (c) When tax revenues increase in equal proportion to the rise in GDP. (d) None of the above. 5. Consider the following statements regarding the Union budget of 2022-23 1. The fiscal deficit of the Union government would be managed within the statutory mandate of 3% by the fiscal year 2025-26. 2. The government is statutorily required to present a three year rolling target for the fiscal deficit in a Medium-Term Fiscal Policy statement along with the union budget. Which of the following statements is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 Nor 2 ANSWERS 1 – B Nizamuddin came later in the Chisti Silsila. Therefore Khwaja Moinuddin Chisti cannot be a disciple of Khwaja Nizamuddin He originally belonged to Sistan. https://pib.gov.in/PressReleasePage.aspx?PRID=1794937  2 – A Kalavari Class submarine: India's first modern conventional submarine in almost two decades after INS Sindhushastra.
  • It is based on the Scorpène-class submarine being built for the Indian Navy.
  • Under Project-75, French company DCNS provides design & technology to PSU Mazagon Docks (Mumbai).
  1. to makesix Scorpene submarines(diesel-electric), = Make in India
  2. the first of which,INS Kalavari was put out for sea trials earlier this year.
  • The hulls of the other five submarines have been cast, and they are scheduled to be commissioned by 2020.
  1. Technology transfer deal from DCNS: $3.75bn deal signed in October 2005.
    • o Features:
      1. diesel-electric attack submarine.
      2. Precision guided weapons: torpedoes, tube-launched anti-ship missiles.
  • Designed to operate in all theatres, including the tropics. It can undertake multifarious types of missions typically undertaken by any modern submarine like anti-surface warfare, anti-submarine warfare, intelligence gathering, mine laying and area surveillance.
  1. All means and communications are provided to ensure interoperabilitywith other components of a Naval Task Force. It is built according to the principle of modular construction, which involves dividing the submarine into a number of sections and outfitting them concurrently.
  2. Superior stealth. : Navy is planning to install Air Independent Propulsion(AIP) modules on all six Scorpene submarines to extend their endurance. It allows nuclear submarines to operate without the need to access atmospheric oxygen.  It can augment or replace the diesel-electric propulsion system of non-nuclear submarines.
  • o Other 5 Kalavari - Class Submarines Constructed:
    1. INS Khanderi(Island fort of Marathas, which played a vital role in ensuring their supremacy at sea in the late 17th century).
    2. INS Karanj: Launched in Jan'18. [One INS Karanj saw action in 1971 war too]
  • Rest: INS Vela, INS Vagir & INS Vagsheer.
    • 2020: INS Vagir construction started.
https://pib.gov.in/PressReleasePage.aspx?PRID=1794765 3-A https://indianexpress.com/article/india/two-more-ramsar-sites-announced-on-world-wetlands-day-7753955/ https://www.thehindu.com/news/cities/Delhi/soon-homestays-to-come-up-around-sultanpur-national-park/article38367133.ece 4- A
  • Tax buoyancyis an indicator to measure efficiency and responsiveness of revenue mobilization in response to growth in the Gross domestic product or National income.
  • A tax is said to be buoyant if the tax revenues increase more than proportionately in response to a rise in national income or output.
  • A tax is buoyant when revenues increase by more than, say, 1 per cent for a 1 per cent increase in GDP.
  • Usually, tax elasticityis considered a better indicator to measure tax responsiveness
https://indianexpress.com/article/business/budget/economic-survey-union-budget-buoyant-tax-mop-up-frees-fiscal-space-for-spending-nirmala-sitharaman-7750397/#:~:text=A%20DAY%20ahead%20of%20the,favour%20of%20higher%20capital%20expenditure.  5 – B https://www.thehindu.com/opinion/lead/a-takeaway-is-the-good-infrastructure-push/article38360995.ece






POSTED ON 03-02-2022 BY ADMIN
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