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Question 1 of 5
1. Question
2 points
Consider the following statements regarding Waqf:
Waqf is a property dedicated in the name of God for religious and charitable purposes.
Waqf property can be sold and they are transferable.
Both Muslims and non-Muslims can create a waqf if they follow Islamic principles.
Which of the statements given above are correct?
Correct
Answer: B
Exp:
From a reading of the draft Waqf (Amendment) Bill, it would appear that the government has forgotten that Waqf properties are the private and self-acquired properties of the followers of Islam, except those which non-Muslims may have donated.
About Waqf:
Statement 1 is correct: Waqf: A property dedicated in the name of God for religious and charitable purposes.
Legal Definition: Permanent dedication by a Muslim of movable or immovable property for purposes recognized by Muslim law as pious, religious, or charitable.
Proceeds fund institutions like mosques, schools, and shelters.
Statement 2 is incorrect: Once designated as waqf, property becomes non-transferable and is perpetually detained as a charitable act toward God.
Types of Waqf:
Public Waqf: Serves broader charitable ends.
Private Waqf: Benefits the property owner’s descendants.
Statement 3 is correct: Creation: Requires the creator (Waqif) to be of sound mind and a lawful owner of the property. A Waqif can be non-Muslim if they follow Islamic principles.
Incorrect
Answer: B
Exp:
From a reading of the draft Waqf (Amendment) Bill, it would appear that the government has forgotten that Waqf properties are the private and self-acquired properties of the followers of Islam, except those which non-Muslims may have donated.
About Waqf:
Statement 1 is correct: Waqf: A property dedicated in the name of God for religious and charitable purposes.
Legal Definition: Permanent dedication by a Muslim of movable or immovable property for purposes recognized by Muslim law as pious, religious, or charitable.
Proceeds fund institutions like mosques, schools, and shelters.
Statement 2 is incorrect: Once designated as waqf, property becomes non-transferable and is perpetually detained as a charitable act toward God.
Types of Waqf:
Public Waqf: Serves broader charitable ends.
Private Waqf: Benefits the property owner’s descendants.
Statement 3 is correct: Creation: Requires the creator (Waqif) to be of sound mind and a lawful owner of the property. A Waqif can be non-Muslim if they follow Islamic principles.
Question 2 of 5
2. Question
2 points
Consider the following statements regarding capital gains:
Capital gains tax is levied on profits arising from the sale of a capital asset.
The holding period for listed securities to be considered a long-term capital asset is five years.
Which of the statements given above is/are correct?
Correct
Answer: A
Exp:
The Finance Bill, 2024 was passed in the Lok Sabha with an amendment relaxing a proposal for the long-term capital gains tax on real estate.
Capital Gains Tax:
Indexation: It is the process of adjusting the purchase price of an asset to account for inflation, which helps reduce the impact of inflation on capital gains when the asset is sold.
Indexation reduces the taxable capital gains by increasing the indexed cost of acquisition
Statement 1 is Correct: Capital Gains Tax: This tax is levied on profits or gains arising from the sale of a capital asset. It is taxed in the year when the transfer of the asset occurs.
Holding Period: There are now two holding periods:
Statement 2 is Incorrect: Listed Securities:1 year for them to be considered long-term.
All Other Assets: 2 years.
Incorrect
Answer: A
Exp:
The Finance Bill, 2024 was passed in the Lok Sabha with an amendment relaxing a proposal for the long-term capital gains tax on real estate.
Capital Gains Tax:
Indexation: It is the process of adjusting the purchase price of an asset to account for inflation, which helps reduce the impact of inflation on capital gains when the asset is sold.
Indexation reduces the taxable capital gains by increasing the indexed cost of acquisition
Statement 1 is Correct: Capital Gains Tax: This tax is levied on profits or gains arising from the sale of a capital asset. It is taxed in the year when the transfer of the asset occurs.
Holding Period: There are now two holding periods:
Statement 2 is Incorrect: Listed Securities:1 year for them to be considered long-term.
All Other Assets: 2 years.
Question 3 of 5
3. Question
2 points
Which of the following best describes ‘Prototype Pathogens’?
Correct
Answer: A
Exp:
The WHO’s recently-released ‘Pathogens Prioritisation’ report, incorporates for the first time, the concept of the ‘Family approach’ and the ‘Prototype Pathogen’.
About Prototype pathogens:
The ‘prototype pathogens’ are “representative pathogens within a family selected to serve as a model for fundamental research” to develop medical countermeasures that can be applied to other members of the family.
Hence, option A is correct.
Incorrect
Answer: A
Exp:
The WHO’s recently-released ‘Pathogens Prioritisation’ report, incorporates for the first time, the concept of the ‘Family approach’ and the ‘Prototype Pathogen’.
About Prototype pathogens:
The ‘prototype pathogens’ are “representative pathogens within a family selected to serve as a model for fundamental research” to develop medical countermeasures that can be applied to other members of the family.
Hence, option A is correct.
Question 4 of 5
4. Question
2 points
Consider the following information:
River
Tributary of
Interlinking with
1.
Wainganga
Godavari river
Nalganga
2.
Nalganga
Purna Tapi river
Kali Sindh River
3.
Parbati
Cauvery River
Krishna River
In how many of the above rows is the given information correctly matched?
Correct
Answer: A
Exp:
In a significant decision aimed at irrigating agriculture in talukas affected by farmer suicides in Vidarbha region, the Maharashtra government approved the Wainganga-Nalganga river linking project.
Row 1 is correctly matched: The Wainganga-Nalganga river linking project, with an estimated cost of Rs 85,000 crore, plans to channel water from Wainganga, a tributary of Godavari river, to the Wainganga project in Buldhana district and connect it to Nalganga, a sub-tributary of Tapi river.
Row 2 is incorrectly matched: Nalganga river is tributary of Purna Tapi river (tributary of Tapi) and it is interlinked with Wainganga, a tributary of Godavari river.
Row 3 is incorrectly matched: Parbati-Kalisindh-Chambal (PKC) link project: Parbati and Kalisindh are the tributaries of Chambal River. This link project proposes to provide drinking and industrial water in 13 districts of eastern Rajasthan, Malwa and Chambal regions of Madhya Pradesh apart from providing irrigation in 2.8 lakh ha. area (or more) each in both the states including supplementation of enroute tanks in the states.
Incorrect
Answer: A
Exp:
In a significant decision aimed at irrigating agriculture in talukas affected by farmer suicides in Vidarbha region, the Maharashtra government approved the Wainganga-Nalganga river linking project.
Row 1 is correctly matched: The Wainganga-Nalganga river linking project, with an estimated cost of Rs 85,000 crore, plans to channel water from Wainganga, a tributary of Godavari river, to the Wainganga project in Buldhana district and connect it to Nalganga, a sub-tributary of Tapi river.
Row 2 is incorrectly matched: Nalganga river is tributary of Purna Tapi river (tributary of Tapi) and it is interlinked with Wainganga, a tributary of Godavari river.
Row 3 is incorrectly matched: Parbati-Kalisindh-Chambal (PKC) link project: Parbati and Kalisindh are the tributaries of Chambal River. This link project proposes to provide drinking and industrial water in 13 districts of eastern Rajasthan, Malwa and Chambal regions of Madhya Pradesh apart from providing irrigation in 2.8 lakh ha. area (or more) each in both the states including supplementation of enroute tanks in the states.
Question 5 of 5
5. Question
2 points
Consider the following statement regarding Kasturi Cotton Bharat programme:
It is a collaborative effort by the Ministry of Textiles, Cotton Corporation of India, and Cotton Textiles Export Promotion Council.
Block-chain is used to end to end traceability of Kasturi Cotton Bharat tagged bales across the supply chain.
Which of the statements given above is/are correct?
Correct
Answer: C
Exp:
The Ministry of Textiles in India has launched the Kasturi Cotton Bharat programme to enhance the traceability, certification, and branding of Indian cotton.
About Kasturi Cotton Bharat:
Statement 1 is correct: Kasturi Bharat initiative, a collaboration between the Government of India, trade bodies, and industry, was formalised with a budgetary support of Rs. 30 crore including Rs.15 crores from Trade & Industry Bodies through a MoU signed in 2022 between Cotton Corporation of India on behalf of Government of India, Ministry of Textiles and The Cotton Textiles Export Promotion Council.
Statement 2 correct: To provide complete traceability of Kasturi Cotton Bharat tagged bales across the supply chain, QR based certification technology is being used at each stage of the processing and a Block-chain based software platform will provide end to end traceability and transaction certificate. In this regard, Microsites with QR code verification and BlockChain technology have been developed.
The Kasturi Cotton Bharat programme is operational at the national level and its promotion is being made at national and international platforms. Hence, the allocation of funds is not at state level.
The implementation of Block chain Technology under the Kasturi Cotton Bharat program is designed for stakeholders across the entire Indian cotton value chain including Andhra Pradesh.
Incorrect
Answer: C
Exp:
The Ministry of Textiles in India has launched the Kasturi Cotton Bharat programme to enhance the traceability, certification, and branding of Indian cotton.
About Kasturi Cotton Bharat:
Statement 1 is correct: Kasturi Bharat initiative, a collaboration between the Government of India, trade bodies, and industry, was formalised with a budgetary support of Rs. 30 crore including Rs.15 crores from Trade & Industry Bodies through a MoU signed in 2022 between Cotton Corporation of India on behalf of Government of India, Ministry of Textiles and The Cotton Textiles Export Promotion Council.
Statement 2 correct: To provide complete traceability of Kasturi Cotton Bharat tagged bales across the supply chain, QR based certification technology is being used at each stage of the processing and a Block-chain based software platform will provide end to end traceability and transaction certificate. In this regard, Microsites with QR code verification and BlockChain technology have been developed.
The Kasturi Cotton Bharat programme is operational at the national level and its promotion is being made at national and international platforms. Hence, the allocation of funds is not at state level.
The implementation of Block chain Technology under the Kasturi Cotton Bharat program is designed for stakeholders across the entire Indian cotton value chain including Andhra Pradesh.
Comprehensive coverage with a concise format Integration of PYQ within the booklet Designed as per recent trends of Prelims questions हिंदी में भी उपलब्ध
Quick Revise Now ! UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format Integration of PYQ within the booklet Designed as per recent trends of Prelims questions हिंदी में भी उपलब्ध
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