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Monday 1 October 2012

for upsc
1. Consider the following statements.
1. 'Tulsi' (Indian Basil) is now being tested by Indian Scientists for treating people exposed to harmful radiations.
2. According to scientists at DRDO, tulsi has anti-oxidant properties and can repair cells damaged by exposure to radiation.
Which of the following statement is/are correct.
(a) Only 1
(b) Only 2
(c) 1 and 2(d) None of the above

2. Which of the following pair is/are correctly matched.
1. Portia Simpson - Prime Minister Jamaica
2. Navi Pillay - United Nations Human Rights Chief
3. HUNGAMA - Entertainment
4. Zhang Jun - Bharatnatyam.
(a) Only 1
(b) 1, 2 and 4
(c) 1 and 2
(d) 1, 2, 3 and 4

3. Consider the following statements.
1. Inaugurating the 10th Pravasi Bharatiya Divas in Jaipur, Dr. Singh announced the right of franchise to the non-resident Indians who are registered under the Representation of the People Act, 1950.
2. A new pension and life insurance fund for overseas Indian workers, to enable them to voluntarily save for their return and resettlement, has also been introduced.
3. A PIO is foreign national who has Indian origins or Indian ancestors while an OCI is an Overseas Indians who migrated from India after 26th January, 1950, except those from Pakistan and Bangladesh.
Which of the above statement is /are correct.
(a) Only 1
(b) Only 2
(c) 1, 2 and 3(d) 1 and 3
4. Consider the following statements.
1. Jallikattu or Eruthazhuvuthal or Manju Virattu is a bull taming sport played in Tamil Nadu as a part of Pongal celebrations usually on Mattu Pongal day.
2. There is specific breed of cattle bred for this purpose which are called by two common name, Jellicut and from the place of a big breeder Pulikulam. 
3. The Animal welfare Board of India took the case to the Supreme Court, which is considering an outright ban on Jallikattu because of the cruelty to animals and the threat to public safety involved.
4. On November 27, 2010 the supreme court in accordance with the law enacted on the regulation of event, permitted the Tamil Nadu government to allow 'jallikattu' for five months in a year from January 15.
Which of these statement is/are correct:
(a) 1 Only (b) 2 and 3
(c) 1, 2, 3 and 4 (d) 2, 3 and 4

5. Consider the following statements.
1. The Corps of Army Air Defence (AAD),is the youngest arm of Indian Army, will celebrate its 19th raising day on 10th January.
2. The Army Air Defence has dedicated itself to the service of the nation with its motto, Akashe Shatrun Jahi, (Destroy the enemy in sky).
3. In India, the Army, Navy, Coast Guard and Air Force celebrate their own Army Day (15 January), the Navy Day (4 December), the Indian Coast Guard Day (1 February) and the IAF Day (8 October) respectively
Which of these statement is/are correct:
(a) Only 1 (b) 2 and 3
(c) 1, 2 and 3 (d) 1 and 3

6. Consider the following statements.
1. HyAlfa is a hydrogen-driven three-wheelers.
2. The three-wheeler is almost a zero-emission vehicle while its fuel consumption is substantially lower as compared to gasoline with 1 kg of hydrogen giving around 80 km mileage.
3. The three-wheelers have been developed under a project, DelHy 3W, of the United Nations Industrial Development Organization (UNIDO)'s International Centre for Hydrogen Energy Technologies (UNIDO-ICHET) in association with Mahindra & Mahindra and IIT-Delhi, besides being supported by the Ministry of New and Renewable Energy (MNRE).
Which of these statement is/are correct:
(a) Only 1 (b) 2 and 3
(c) 1, 2 and 3 (d) 1 and 3

Annual Financial Statement (AFS):  It is provided under Article 112 which shows estimated receipts and expenditure of the Government of India for the budgeted financial year (2011-12) in relation to estimated for current financial year (2010-11). Under the constitution, Annual Financial Statement distinguishes  expenditure on revenue account from other expenditure. Government Budget, therefore, comprises Revenue Budget and Capital Budget. The estimates of receipts and expenditure included in the annual Financial Statement are for the expenditure net of refunds and recoveries, as will be reflected in the accounts.
Consolidated Fund: It flows from article 266 of the Constitution. All revenues received by Government, loans raised by it, and also its receipts from recoveries of loans granted by it form the Consolidated Fund. All expenditure of Government is incurred from the  Consolidated Fund of India and no amount  can be drawn from the Consolidated Fund without authorisation from Parliament.
Contingency Fund : Article 267 of the constitution authorises the Contingency Fund  of India which is an imprest (or advance) placed at the disposal of the President of India to facilitate Government to meet urgent unforeseen expenditure pending authorization from Parliament. Parliamentary approval for such unforeseen expenditure is obtained, post-facto, and an equivalent amount is drawn from the Consolidated Fund to recoup of the Contingency Fund. The Corus of the Contingency Fund as authorised by Parliament presently stands at Rs.500 crore.
Public Account: Moneys held by Government in Trust as in the case of Provident Funds, Small Savings collections income of government set apart for expenditure on specific object like road development,  primary education, Reserve/Special Funds etc. are kept in the public account. Public Account funds do not belong to government and have to be finally paid back to the  persons and authorities who deposited them. Parliamentary authorisation for such payments is, therefore, not required, except where amounts are withdrawn form the consolidated Fund with the approval of Parliament and kept in the public account for expenditure on specific objects.
Revenue Budget: it consists of the revenue receipts of Government  (tax revenues and other revenues and the expenditure met from these revenues. Tax revenues comprise proceeds of taxes and other duties levied by the union. Other receipts of Government mainly consist of interest and dividend on investments made by government , fees, and other receipts for services rendered by Government. Revenue expenditure is for the normal running of Government departments and various services, interest payments on debt, subsidies, etc.
         Broadly, the expenditure which does not result in creation of assets for government of India is treated as revenue expenditure. All grants given to State Government/Union Territories and other parties are also treated as revenue expenditure even though some of the grants may be used for creation of assets.
Capital Budget: It consists of capital receipts and capital payments. The capital receipts are loans raised by government from public, called market loans, borrowings by Government from Reserve Bank and other parties through sale of Treasury Bills, loans received from foreign Governments and bodies, disinvestment receipts and recoveries of loans from state and Union Territory Governments and other parties. Capital payments consists of capital expenditure on acquisition of assets like land, buildings, machinery, equipment, as also investments in shares, etc., and loans and advances granted by central Governments, Government companies, corporations and other parties.