Q1 . Consider the following statements with respect to Financial Stability and Development Council (FSDC) :
1 . FSDC is a statutory body.
2 . Funds are separately allocated to the Council for undertaking its activities.
Which among the above statements is/are correct?
(a) 1 only
(b) 2 only
(c) 1 & 2 both
(d) None of the above
Answer: (d)
Explanation:
Why in news?
Recently, Nirmala Sitharaman chaired the 27th meeting of Financial Stability and Development Council
How and when was Financial Stability and Development Council (FSDC) constituted?
The Financial Stability and Development Council (FSDC) has been constituted vide GOI notification dated 30th December, 2010. FSDC is not a statutory body.
Who is the chairman and members of FSDC?
The Council is chaired by the Union Finance Minister and its members are :
Governor, Reserve Bank of India;
Finance Secretary and/or Secretary, Department of Economic Affairs;
Secretary, Department of Financial Services;
Chief Economic Adviser, Ministry of Finance;
Chairman, Securities and Exchange Board of India;
Chairman, Insurance Regulatory and Development Authority and
Chairman, Pension Fund Regulatory and Development Authority.
What the FSDC does?
The Council deals, inter-alia, with issues relating to financial stability, financial sector development, inter–regulatory coordination, financial literacy, financial inclusion and macro prudential supervision of the economy including the functioning of large financial conglomerates.
Are separate funds allocated to the Council for undertaking its activities?
No funds are separately allocated to the Council for undertaking its activities.
Who first mooted the idea to create such a super regulatory body?
The idea to create such a super regulatory body was first mooted by the Raghuram Rajan Committee in 2008.
Q2 . India’s first Indian Air Force Heritage Centre was recently inaugurated at
(a) Pathankot
(b) Chandigarh
(c) Ghaziabad
(d) Goa
Answer: (b)
Explanation:
Why in news?
Defence Minister recently inaugurated the nation’s first Indian Air Force Heritage Centre.
The heritage centre highlights the IAF’s role in various wars. It houses five vintage aircraft and will provide visitors with cockpit exposure and an experience with flight simulators.
It also houses the first IAF-made patent aircraft Air Force ‘Kanpur-1 Vintage Prototype Aircraft’, a single-engine indigenous flying machine designed and built by the late Air Vice Marshal Harjinder Singh in 1958 at Base Repair Depot Kanpur.
Q3 . Consider the following statements with respect to Battle of Haldighati in 1576 :
1 . It was fought between forces of Pratap Singh I (Maharana Pratap) and Mughal Rajput general Man Singh.
2 . Maharana Pratap was killed at the battle ground.
Which among the above statements is/are correct?
(a) 1 only
(b) 2 only
(c) 1 & 2 both
(d) None of the above
Answer: (a)
Explanation:
Why in news?
Maharana Pratap’s Jayanti was recently observed.
Ten important facts about Maharana Pratap
1 . Pratap Singh I was popularly known as Maharana Pratap (1540 – 1597).
2 . He was a Hindu Rajput king of Mewar from the Sisodia dynasty.
3 . He fought several major battles against Akbar including the Battle of Haldighati in 1576 to resist the expansionist policy of the Mughal empire.
4 . Pratap Singh, gained distinction for his refusal to form any political alliance with the Mughal Empire and his resistance to Muslim domination.
5 . Cause of the Battle of Haldighati in 1576
The bloody Siege of Chittorgarh in 1567-1568 had led to the loss of the fertile eastern belt of Mewar to the Mughals. However, the rest of the wooded and hilly kingdom in the Aravalli range was still under the control of Maharana Pratap.
Mughal Emperor Akbar was intent on securing a stable route to Gujarat through Mewar; when Pratap Singh was crowned king (Maharana) in 1572, Akbar sent a number of envoys, including one by Raja Man Singh I of Amer, entreating him to become a vassal like many other rulers in Rajputana.
When Pratap refused to personally submit to Akbar and several attempts to diplomatically settle the issue failed, war became inevitable.
The forces of Pratap Singh and Mughal Rajput general Man Singh met on 18 June 1576 beyond a narrow mountain pass at Haldighati near Gogunda, modern day Rajsamand in Rajasthan. This came to be known as the Battle of Haldighati.
6 . Haldighati was a futile victory for the Mughals, as they were unable to kill or capture Pratap, or any of his close family members in Udaipur.
7 . He built a new capital, Chavand, near modern Dungarpur.
8 . The Chavand school of art was developed during the reign of Rana Pratap.
9 . Pratap died of injuries sustained in a hunting accident,at Chavand on 19 January 1597, aged 56.
10 . Maharana Pratap is a prominent figure in both folk and contemporary Rajasthani culture and is viewed as a celebrated warrior in the state, as well as in India as a whole.
Q4 . With reference to Gopal Krishna Gokhale consider the following statements:
1 . In 1905, Gokhale was elected president of the Indian National Congress (Benares Session).
2 . Mahatma Gandhi was a member of Gokhale’s Servants of India Society.
3 . He launched the English weekly newspaper named The Hitavad
Which of the statements given above are correct?
(a) 1 & 2 only
(b) 2 & 3 only
(c) 1 & 3 only
(d) 1 , 2 & 3
Answer: (c)
Explanation:
Why in news?
Recently , the birth anniversary of Gopal Krishna Gokhale was observed .
Ten important facts about Gopal Krishna Gokhale
1 . He was the leader of the moderate faction of the Congress party that advocated reforms by working with existing government institutions, and a major member of the Poona Association or the Poona Sarvajanik Sabha. Gokhale campaigned for Indian self-rule and for social reforms.
2 . His famous quote was “What Bengal thinks today, India thinks tomorrow”
3 . He had a great influence of the social works of Justice Mahadev Govind Ranade on his life. He was named as the ‛Protege Son’ i.e. Manas Putra of Justice Mahadev Govind Ranade.
4 . Tilak and Gokhale’s early careers paralleled and both were important members of the Deccan Education Society. Both Gokhale and Tilak were the front-ranking political leaders in the early 20th century. However, they differed a lot in their ideologies.
5 . In 1905, Gokhale was elected president of the Indian National Congress (Benares Session).
6 . He founded the Servants of India Society in Pune (Maharashtra) in 1905 to further the expansion of education in India.
7 . In 1908, he founded the ‘Ranade Institute of Economics’.
8 . He launched the English weekly newspaper named The Hitavad (The people’s paper) in 1911.
9 . Gokhale was famously a mentor to Mahatma Gandhi . Gandhi also recognised Gokhale as an admirable leader and master politician, describing him as “pure as crystal, gentle as a lamb, brave as a lion and chivalrous to a fault and the most perfect man in the political field”.
Despite his deep respect for Gokhale, however, Gandhi would reject Gokhale’s faith in western institutions as a means of achieving political reform and ultimately chose not to become a member of Gokhale’s Servants of India Society.
10 . Gokhale died on 19 February 1915.
Q5 . Cyber Surakshit Bharat is the initiative of
(a) Ministry of Information and Broadcasting
(b) Ministry of Communications
(c) Ministry of Home Affairs
(d) Ministry of Electronics and Information Technology (MeitY)
Answer: (d)
Explanation:
Why in news?
National e-Governance Division (NeGD) organises 36th CISO Deep-Dive Training Programme Under Cyber Surakshit Bharat
Cyber Surakshit Bharat
Cyber Surakshit Bharat is the initiative of Ministry of Electronics and Information Technology (MeitY).
It was conceptualised with the mission to spread awareness about cyber-crime and build capacities of Chief Information Security Officers (CISOs) and frontline IT officials, across all government departments, for ensuring adequate safety measures to combat the growing menace – Organisations need to defend their digital infrastructures and become future-ready in tackling cyber-attacks.
The deep-dive training specifically aims at educating and enabling CISOs to understand cyber-attacks comprehensively and thoroughly, get necessary exposure in latest technologies of safeguard, and translate the benefits of a resilient e-infrastructure to individual organisations and citizens at large.
The training also focuses on providing a holistic view of legal provisions, enabling CISOs to formulate policies in the domain of cyber security and build concrete cyber crisis management plans.
