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Sunday, 26 March 2017

Current Affairs Capsule 26-March-2017.

NATIONAL

TOPIC: General Studies 3
  • Achievements of Indians in science & technology; indigenization of technology and developing new technology.
  • Awareness in the fields of IT, Space, Computers, robotics, nano‐technology, bio‐technology and issues relating to intellectual property rights.

Compulsive Patent Hoarding

Introduction
Patents have been seen as a measure of research and design modalities. Off late there has been a rush towards hoarding patents and that has created cost on tax payers money. Hence there are concerns on the methodologies of the same. The current model of commercialisation does not work for publicly funded research
Issue:
The commercialisation arm of the Council of Scientific and Industrial Research (CSIR), CSIR-Tech realised that it takes money to make money.
  • CSIR-Tech, realized it the hard way when it had to shut down its operations for lack of funds.
  • CSIR has filed more than 13,000 patents — 4,500 in India and 8,800 abroad — at a cost of ₹50 crore over the last three years.
  • Across years, that’s a lot of taxpayers’ money, which in turn means that the closing of CSIR-Tech is a tacit admission that its work has been an expensive mistake — a mistake that we tax-paying citizens have paid for.
  • Recently, CSIR’s Director-General claimed that most of CSIR’s patents were “bio-data patents”, filed solely to enhance the value of a scientist’s resume and that the extensive expenditure of public funds spent in filing and maintaining patents was unviable.
    • CSIR claims to have licensed a percentage of its patents, but has so far failed to show any revenue earned from the licences.
    • This compulsive hoarding of patents has come at a huge cost.
    • If CSIR-Tech was privately run, it would have been shut down long ago.
  • Acquiring Intellectual Property Rights (IPR) comes out of our blind adherence to the idea of patenting as an index of innovation.
  • The private sector commercializes patents through the licensing of technology and the sale of patented products to recover the money spent in R&D.
  • But when the funds for R&D come from public sources, mimicking the private sector may not be the best option.
Patents and moral hazard
  • While it’s true that it costs lakhs of rupees to get a patent in India, government-funded research organisations are likely to spend more money on patents so long as they are not asked to bear the risk.
  • Reckless filing of patents using public funds may be explained by the economic concept of moral hazard.
  • According to economist Paul Krugman, it happens in “any situation in which one person makes the decision about how much risk to take, while someone else bears the cost if things go badly”.
    • In the case of public-funded research, the reckless filing of patents without due diligence results from the moral hazard of the government bearing the risk of patents that don’t generate revenue.
    • In the insurance sector, moral hazard refers to the loss-increasing behaviour of the insured who acts recklessly when the loss is covered by another. Insurance companies check moral hazard by introducing copayment from the insured.
  • The acceptance that CSIR laboratories need to bear 25% of expenses for their patents acknowledges the moral hazard.
The National IPR Policy:
The National IPR Policy released last year does not offer any guideline on distinguishing IPR generated using public funds from private ones.
  • It views every IPR with private objectives by insisting on commercialisation. Dissemination of technology to the masses, participation in nation-building and creating public goods are rarely objectives that drive the private sector.
  • The IPR policy of some publicly-funded research institutions allows for 30-70% of the income generated through the commercialisation of the patent to be shared with the creators of the invention, i.e., scientists and professors on the payroll of the government.
  • Such a policy could promote private aggrandisement and may work against public interest. In contrast, the IPR policy of private companies does not allow for a payback on the share of royalties earned by patents.
Possible solution
The fate of CSIR-Tech is proof that the current model of commercialisation does not work with respect to publicly-funded research.
  • So, how do we ensure that public-funded research reaches the masses and check the excessive filing of patents without due diligence?
  • A possible solution to preserve the objective of publicly funded research is to devise an IPR policy wherein patents are initially offered on an open royalty-free licence to start-ups.
  • Once start-ups commercialize the inventions successfully, the royalty-free licence could be converted into a revenue-sharing model.
  • It is predominantly taxpayers’ money that goes into public-funded research.
    • When research is commercialised by private entities, it tends to be sold back to the public at a price.
    • America is in the midst of such a conundrum, where talks are going on of granting French pharmaceutical company Sanofi exclusive licence for the drug against the Zika virus — a drug which has already cost the American exchequer $43 million in R&D.
    • Granting Sanofi this would defeat the purpose of public funds expended on research as the company would charge the American public again for the life-saving drug.
Conclusion:
Putting granted patents on an open licence can be testimony to the commercial viability of the things we are patenting using public money. Not only would it bring a sense of accountability to the managers who run the system but it would also open up publicly-funded research to a whole lot of people, especially start-ups, who can now test, verify, work and put the patented technology into the market.
Connecting the dots:
  • With emphasis on make in India and Start ups innovations will be abound in Indian market. Critically analyze the need for a national policy which ensures lacunae of the current policies are overcome.

NATIONAL

TOPIC:
General Studies 2
  • Indian Constitution- historical underpinnings, evolution, features, amendments, significant provisions and basic structure.
General Studies 1
  • Salient features of Indian Society, Diversity of India.

Tolerance as a duty

  • Tolerance is virtue that promotes the receiving or acknowledging of new ideas and helps in breaking the status quo mentality.
  • Tolerance is particularly needed in large and complex societies comprising people with varied beliefs, as in India.
  • Tolerance of other’s views apart from self’s facilitates harmonious coexistence.
  • A liberal democracy accepts the fact that in a free country, one can have different opinions and should have equal rights in voicing them. This is pluralism and tolerance is its ultimate rationale.
  • Intolerance takes birth from an invincible assumption of the infallibility and truth of one’s beliefs, the dogmatic conviction about the rightness of one’s tenets and their superiority over others, and with the passage of time, this leads to forcible imposition of one’s ideology on others, often resulting in violence.
Tolerance and world
  • Currently, the virus of intolerance has acquired global dimensions.
  • Religious and political persecution has become rampant and that too sometimes in the name of Almighty.
  • The Preamble to the Charter of the United Nations proclaims that to achieve the goals of the Charter we need to “practice tolerance and live together in peace with one another as good neighbours”. Thus, the necessity for tolerance has been internationally recognised.
  • Another significant UN instrument is the Declaration of November 25, 1981 on the Elimination of All Forms of Intolerance and of Discrimination Based on Religion or Belief which emphasises that it is essential to promote tolerance and requires states to adopt all necessary measures for the speedy elimination of intolerance in all its forms and manifestations.
  • Thus, there is an interwoven essential linkage between tolerance, human rights, democracy and peace.
Rise of intolerance
  • The rise of intolerance trend is alarming and scary.
  • Some persons are offended by a theme of the movie and vandalising its important sets, eating habits are being targeted in name of religion, talk about sex education is inviting criminal prosecution for promoting ‘bad’ environment and a muslim girl is being forbidden by clerics to not sing songs!
  • Thus, the best antidote to intolerance is practice of tolerance apart from political preaching as it cannot be legislated.
  • This must be done by fostering an environment and culture of tolerance where stereotypes and prejudices are shunned.
Tolerance and Indian constitution
  • One of the basic feature of Indian constitution is the guarantee of a wide array of fundamental rights which are judicially enforceable against the state.
  • The fundamental duties were added in 1976 by a Constitutional amendment and Article 51-A was enacted.
  • One duty that needs to be added is the duty to practice tolerance. One cannot effectively perform fundamental duties unless tolerance is prevalent in society.
  • Tolerance promotes, permits and protects the expression of thoughts and ideas which are acceptable to some and not to some.
  • The media has an important role to play in promting tolerance. It should incessantly preach that that no group or body has the monopoly of truth and morality and it is a duty to respect the point of view of the “other minded”. This is should be supported by condemning incidences of intolerance, without fear of consequences.
  • The role of education is equally crucial. The virtue and culture of tolerance should be inculcated in students right from schools where different social, economic and religious backgrounds are respected.
Bloggerer’s views
Tolerance has high respect for human rights, especially freedom of conscience and freedom of thought. Disagreement with the belief and ideology of others is no reason for their suppression, because there can be more than one path for the attainment of truth and salvation. Tolerance should be highlighted in fundamental duties and also be practiced with dedication. Promotion of multi-religious, multi-cultural democracy through tolerance cements its invincibility.
As SC said in a judgement: “Our tradition teaches tolerance; our philosophy preaches tolerance; our Constitution practices tolerance. Let none dilute it”.
Connecting the dots:
  • What is tolerance in a multi-religious, multi-cultural society? How can it be promoted?
  • Is intolerance also a right to freedom of expression? Analyse. How can tolerance prevail over intolerance?
Part 2 :

Bangladesh celebrates 46th Independence Day



The Bangladesh Liberation War was a revolutionary independence war in South Asia during 1971 which witnessed the birth of the modern state of Bangladesh. On March 26 Bangladesh celebrates its Independence day.

Bangladesh's President Md Abdul Hamid and Prime Minister Sheikh Hasina placed wreaths at National Memorial in Savar paying respects to those who sacrificed their lives for the freedom.


(Source-The Hindu)

Osmania University to host 105th Indian Science Congress


The 105th session of Indian Science Congress (ISC) will be hosted by Osmania University, Hyderabad during January 3-7, 2018.

The theme of the 105th session of Indian Science Congress is 'Science and Technology - Reaching the Unreached’. This will be the sixth time that the university will be hosing the conferrer. The congress will be meeting in Hyderabad for the seventh time.

Takeaways from above News-
  • ISCA was set up in 1914, supported by the Government of India, is the oldest science scientific organization in the country
  • 105th session of ISC will be hosted by Osmania University, Hyderabad in January 2018.


Source- The Hindu

Nellore in AP to get Post Office Passport Seva Kendra


The External Affairs Ministry and the department of posts announced the opening of a Post Office Passport Seva Kendra (POPSK) at Nellore in Andhra Pradesh.

It would be the 86th POPSK in the country. The Ministry of External Affairs and the Department of Posts will be working closely for the early operationalisation of this POPSK at Nellore.

Takeaways from above News-
  • 86th Post Office Passport Seva Kendra (POPSK) will be opened at Nellore in Andhra Pradesh
  • First POPSK was launched in Mysore Karnataka


Source- The Hindu

Daily English Capsule Day 10

Beware the rhyme of history
It is “Peace for our time”, declared British Prime Minister Neville Chamberlain on September 30, 1938, as he returned from the Munich Conference having tamely agreed to the German annexation (कब्जे में करना) of Czechoslovakian territories. This was to be the penultimate (आखिरी से पहले का)act of appeasement before Germany triggered World War II by invading Poland on September 1, 1939.
Well before it sparked this global conflagration (literally – an extensive fire which destroys a great deal of land or property.), Germany had provided enough evidence of its hegemonic (आधिपत्य) intent and utter disdain (अवज्ञा/अवहेलना) for the 1919 Treaty of Versailles, crafted for the purpose of preventing German re-militarisation. In contravention (उल्लंघन/विरोध में) of its provisions, Adolf Hitler introduced conscription (सैन्यभर्ती), sent his military to gain combat experience in the Spanish civil war and then, in 1936, re-occupied Rhineland. Emboldened by the passivity of Britain and the European powers, this was followed, in 1938, by the forcible union (Anschluss) of Austria with the Third Reich because of its German-speaking majority. Craven appeasement and hopeless optimism had set the stage for the Gotterdammerung that was to follow, exactly a year after Munich.
History, according to Mark Twain, “does not repeat itself but it rhymes”. On the 100th anniversary of World War I, Canadian historian Margaret MacMillan had pointed out uncanny (strange or mysterious) similarities between the contemporary geopolitical landscape and the Europe of 1914. She argued in an essay that the same structural forces that led to the Great War a century ago could be in action in 2014. Mercifully, the centennial(शतवर्षीय) of WW I came and went peacefully, but MacMillan endorses Mark Twain with her advice: “If we can see past our blinders and take note of the telling parallels between then and now… history does give us valuable lessons.”
Till recently, most of us were convinced that the power of economics and globalisation would not permit another great war. President George Bush was articulating all our fond hopes when he said that, “the spread of democracy and free trade across the world would form the surest guarantee of world peace.” Yet, the extraordinary growth of trade and investment between China and the US has not served to dampen suspicion and tensions.
On the contrary, says China expert Michael Pillsbury, there has been a belated realisation in the US that eight Presidential administrations following Nixon’s have actively assisted the ascent of a militaristic China in the mistaken belief that they were helping a weak and victimised country become a liberal, democratic nation. There is angst (चिंता) in America over the notion that by handing over sensitive information, technology, military know-how and expert advice, the US has actually helped the achievement of the “Chinese dream”.
Termed “tianxia” in Mandarin, the “Chinese dream” envisages the establishment of a hegemonic Chinese Empire as the centre of world authority to which other nations must show deference (सम्मान/आदर). This may explain the Chinese foreign minister’s patronising remark at the 2010 ASEAN conference to his Singaporean counterpart: “China is a big country and other countries are small, and that’s just a fact.” A brief look at post-1949 events reveals the inherent bellicosity (युद्धप्रियता) of the Chinese state.
Soon after the end of the Civil War in 1949, the People’s Liberation Army (PLA) drove into the East Turkistan Republic and incorporated it into the Xinjiang Uyghur Autonomous Region. Ever since then, the Peoples Republic of China (PRC) has been engaged in serial strife: The occupation of Tibet and the entry of the PRC into the Korean War in 1950; suppression of the Tibetan uprising in 1959; the Sino-Indian War of 1962; involvement in the Vietnam War from 1965 to 1969; a seven-month long conflict with the USSR in 1969; a major conflict with Vietnam in 1979. Skirmishes in the South China Sea (SCS) and tensions across the Taiwan Strait have occurred with regularity all the while.
Given its growing economic and military strength, revisionist outlook and past record, China can be expected to push its influence in the region, grab territory and re-write the rules of international conduct to suit its own interests. A recent manifestation of China’s belligerence (aggressive or warlike behaviour.) is the campaign of “cartographic expansion” that it has mounted through the “9-dash line” in the SCS and repudiation (rejection of a proposal or idea.) of the 1914 McMahon line on the India-China border. Other examples of Chinese intransigence (हठ/अडिग होना)are the illegal creation and militarisation of artificial islands in the SCS and its contemptuous dismissal of UN arbitration on these sovereignty issues.
The choices for India in the face of Chinese hegemony are stark. The constraints of India’s political system render it unlikely that it can bridge the economic and military gap vis-à-vis China within a reasonable time. Distracted as they are by intense political activity, and their preoccupation withinterminable (endless or apparently endless) election campaigns, our political elite seem incapable of applying themselves to strategic thinking or planning. Even though the Sino-Indian equation is tilted in China’s favour, as a democracy, a nuclear weapon state and a significant economic and military power, it is incumbent upon India to stand firm as a bulwark (a defence) against regional hegemony.
As it seeks its “manifest destiny”, India badly needs breathing space for growth and consolidation within a democratic framework. But Beijing, hard-nosed as ever, is dropping unsubtle hints that it could be “peace for our times” if China gets to keep Aksai Chin and India surrenders Tawang. Ironically, this is the time that India’s defence budget has hit a historic low of 1.6 per cent of GDP and its arsenal is full of voids.
Neither appeasement, nor empty bluster — as PM Nehru found to his cost in 1962 — will work with China. The pundits on Raisina Hill are, once again, chanting the mantra of “jang nahin hogi” (there will be no war). Should this prophecy prove correct, it will be great news for the country. But chances of it coming true will rise exponentially if India keeps its powder dry by crafting a grand strategy, by initiating urgent reform of our archaic(पुराना/अप्रचलित) defence structures and by reviving our comatose (निष्क्रिय) military-industrial complex.
Courtesy: The Indian Express (Discussion)
1. Penultimate (adjective): Occurring immediately before the last one. (आखिरी से पहले का) 
Synonyms: Second Last, Penult, Right Before The Final.
Antonyms: Last, Final.
Example: Our team lost the penultimate series so we will not be competing in the final game.
Origin: from Latin root paene ("almost") and ultima ("last").

2. Contravention (noun): An action which offends against a law, treaty, or other ruling. (उल्लंघन/विरोध में) 
Synonyms: Breach, Infraction, Infringement, Transgression, Trespass, Violation.
Antonyms: Non-Infringement, Non-Violation.
Example: Because your actions contravene school policy, you're being suspended for ten days.
Verb forms: Contravene, Contravened, Contravened.
Related words:
Contravene (verb) – उल्लंघन करना
Origin: From Latin contravenire means “come against”.

3. Uncanny (adjective): Strange or mysterious (असामान्य/रहस्यमय/विचित्र)
Synonyms: Eerie, Arcane, Strange, Abnormal, Exceptional, Abnormal.
Antonyms: Fathomable, Intelligible, Understandable.
Example: Jeff is an uncanny man who likes to eat raw meat.
Related words:
Uncannily (adverb) - in an uncanny manner
Origin: opposite of canny, “Un + can(know)”, so literally means something that can’t be understood.

4. Angst (noun): A feeling of deep anxiety or dread, typically an unfocused one about the human condition or the state of the world in general.(चिंता) 
Synonyms: Anxiety, Worry, Apprehension, Unease.
Antonyms: Calmness, Composure, Peace.
Example: A day before the fight, the inexperienced boxer was plagued with angst about losing his first match.
Origin: from German Angst means Fear.

5. Deference (noun): Polite submission and respect. (सम्मान/आदर) 
Synonyms: Respect, Respectfulness, Regard, Esteem.
Antonyms: Dishonor, Disregard.
Example: If you treat others with deference, then people will respect you back.
Related words:
Defer (verb) - submit to or acknowledge the merit of.
Origin: The words deference and defer both derive from the Latin deferre, which means "to bring down" or "to carry away."

6. Repudiation (noun): Rejection of a proposal or idea. (अस्वीकरण /इंकार)
Synonyms: Rejection, Renunciation, Denial, Disavowal, Refusal.
Antonyms: Confirmation, Acknowledgement, Acceptance.
Example: If you want to stay sober, you need to repudiate all addictive substances.
Verb forms: Repudiate, Repudiated, Repudiated.
Related words:
Repudiate (verb) - To reject; refuse to support
Origin: In Latin, the noun "repudium" refers to the rejection of a spouse or prospective spouse. In the 16th century "repudiate" was used as “to divorce. By the 19th century the word had also come to be used for the rejection of things ranging from opinions and accusations to contracts and debts.

7. Intransigence (noun): Refusal to change one's views or to agree about something. (हठ/अडिग होना)  
Synonyms: Obstinacy, Pertinacity, Stubbornness, Inflexibility.
Antonyms: Acceptance, Acquiescence, Flexibility, Pliability.
Example: When it comes to the safety of my children, I must always take an intransigent position to protect them.
Related words:
Intransigent (adjective) – uncompromising. 

8. Interminable (adjective):  Endless or apparently endless. (अन्तहीन)
Synonyms: Endless, Non-Stop, Everlasting, Ceaseless, Incessant.
Antonyms: Ceasing, Ending, Ephemeral.
Example: Since his career was dependent upon his recovery, the injured football player struggled through the interminable physical therapy.
Origin: from Latin in- + terminare to terminate.

9. Archaic (adjective): Very old or old-fashioned. (पुराना/अप्रचलित) 
Synonyms: Obsolete, Out of Date, Anachronistic, Old-Fashioned, Outmoded, Bygone.
Antonyms: Contemporary, Current, In Vogue, Modern, new, up-to-date.
Example: Because my archaic computer is no longer useful to me, I am giving it away for free.
Origin:  from Greek arkhaikos means (since) beginning.

10. Comatose (adjective): Extremely lethargic or sleepy. (निष्क्रिय)
Synonyms: Inert, Torpid, Inactive, Lethargic, Sluggish.
Antonyms: Alive, Animated, Flourishing, Vibrant.
Example: The comatose economy is expected to recover after new policies implementation.
Origin:  from Greek koma, komat- ‘deep sleep’ + ose.

Saturday, 25 March 2017

Must Red 60 Day Success Mantra By IASbaba.

U.P.S.C Daily Test Capsule Day 1

1. Consider the following statements regarding ‘Goods and Service tax’.
  1. GST essentially a tax only on the value addition at each stage.
  2. The proposed GST will have Two components one levied by the centre and the other levied by the state.
  3. Alcohol, Tobacco products, Petroleum products are kept out of proposed GST regime.
Which of the above statements are correct?
  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 and 3 only
  4. All the above
 2. Fourteenth Finance Commission submitted its report recently. Which of the following statements are correct regarding the recommendations of 14th Finance Commission?
  1. States share in net proceeds of Union tax revenues raised to 42%.
  2. Grants to states divided into two; a basic grant and a performance grant.
  3. Ratio of basic to performance grant fixed at 80:20 for panchayats as well as municipalities.
Select the correct code from below.
  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 and 3 only
  4. All the above

3. Consider the following statements regarding ‘Effective Revenue Deficit’.
  1. It is the Revenue deficit excluding the grants for creation of capital assets.
  2. 14th Finance Commission recommended that an amendment to FRBM act to omit the definition of Effective Revenue Deficit.
Which of the above statement/s is/are correct?
  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2


4. Receipts of the government are divided into Revenue receipt and Capital receipt. Which of the following are considered as Revenue receipts?
  1. Tax collections by the government.
  2. Long term loans raised by the government.
  3. Recovery of the loan amount lent out in the past.
  4. Fees and penalties received by the government.
  5. Interest received by the government out of the loans forwarded by it.
Select the correct code from below.
  1. 1, 2, 3 and 4 only
  2. 2, 3 and 4 only
  3. 1, 4 and 5 only
  4. 1, 2 and 5 only

5. Consider the following statements regarding FRBM Act, 2003.
  1. It provides for a legal institutional framework for fiscal consolidation.
  2. Act makes monetary policy independent of fiscal policy.
  3. Government can move away from the path of fiscal consolidation in case of natural calamity, national security and other exceptional grounds.
 Which of the above statements are correct?
  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 and 3 only
  4. All the above


6. The government recently set up a high-level committee to look into the issues pertaining to levy of minimum alternate tax on foreign institutional investors (FIIs). Which of the following are correct regarding minimum alternative tax (MAT)?
  1. MAT is an indirect tax.
  2. MAT is applicable to only corporate tax payers.
  3. Real estate investment trusts are exempted from MAT.
Select the correct code from below.
  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 and 3 only
  4. All the above


7. Consider the following statements regarding ways and means advances.
  1. It is a mechanism used by RBI to help states to correct the temporary mismatches in the cash flow of their receipts and payments.
  2. WMA are provided against government securities only.
  3. WMA limits are decided by RBI in consultation with Government from time to time.
Which of the above statements are correct?
  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 and 3 only
  4. All the above

8. Recently NITI Aayog replaced Planning Commission. Which of the following statements are correct regarding NITI Aayog?
  1. Chairperson of NITI Aayog is Prime Minister.
  2. Governing council of NITI Aayog consists of chief ministers of states, Lt. Governors and union cabinet ministers.
  3. As a think tank it will monitor and evaluate the implementation of programmes.
Select the correct code from below.
  1. 1 and 2 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. All the above


9. Consider the following statements regarding Financial Stability and Development Council (FSDC).
  1. FSDC is headed by Prime Minister.
  2. Its members include union cabinet ministers responsible for finance, revenue, commerce etc.
  3. FSDC also focuses on financial literacy and financial inclusion.
 Which of the above statement/s is/are correct?
  1. 1 and 2 only
  2. 3 only
  3. 2 and 3 only
  4. 1 and 3 only


10. Expenditure of the government categorized into plan and non-plan expenditure. Which of the following items comes under the category of non-plan expenditure?
  1. Interest payments
  2. Wage and salary payments to government employees
  3. Expenditure on electricity generation
  4. Defence Expenditure
  5. Loans to public enterprises
Select the correct code from below.
  1. 1, 2 and 5 only
  2. 1, 2, 3 and 5 only
  3. 1, 2, 4 and 5 only
  4. 2, 4 and 5 only


11. Consider the following regarding Competition Appellate Tribunal of India
  1. It is a non-statutory body under Competition Commission of India
  2. They have the power similar to Civil Courts
  3. The Appellate Tribunal shall not be bound by the procedure laid down in the Code of Civil Procedure, 1908 but shall be guided by the principles of natural justice
Which of the above is NOT correct about CAT?
  1. Only 3
  2. 1 and 2
  3. Only 1
  4. None


12. Consider the following regarding Corporate Social Responsibility (CSR)
  1. It is not only applicable to all Indian companies, but also applicable to branch and project offices of a foreign company in India.
  2. CSR funds can be also be used in National Relief Fund and combating terrorism.
  3. Companies are restricted to use the fund for the welfare of ST’s and SC’s.
Select the Correct statement/s
  1. 1, 2 and 3
  2. 2 and 3
  3. Only 1
  4. None

13. Service sector is the biggest contributor to GDP in most of the developing and developed countries. Consider the following w.r.t it
  1. There is an increasing trend in World GDP with respect to contribution of Service Sector
  2. India is among top five nations in the world in service GDP along with top position holder USA
Select the WRONG statement/s
  1. Only 1
  2. Only 2
  3. Both
  4. None

14. Consider the statement/s
  1. India’s service sector contributes more to employment than income.
  2. India’s major services exports are Professional and Consulting Services.
Select the correct statement/s
  1. Only 1
  2. Only 2
  3. Both
  4. None


15. Joint Comprehensive Plan of Action, a Nuclear deal was 
  1. Nuke deal between US, UN and Iran
  2. Civilian Nuke deal Agreement between UN, P-5 and Iran
  3. Signed in Vienna, between Iran and US, Russia, China, Germany, France Plus EU
  4. Signed in Vienna, between Iran and P-5 plus Germany and the EU.

16. What does animal BEAR means in Stock Market?
  1. Afraid to lose anything
  2. Different investment styles and strategies out there.
  3. Economy is bad, recession is looming and stock prices are falling.
  4. Be conservative and never invest in anything you do not understand.

17. IRENA Headquarter located in
  1. Tel Aviv City, Israel
  2. Madaba City, Jordan
  3. Masfut City, UAE
  4. Masdar City, UAE

18. Match the following
              City                                                                        River
  1. Hanoi                                                                  (a) Menam
  2. Bangkok                                                             (b) Irrawaddy
  3. Phnom-Penh                                                     (c) Mekong
  4. Yangon                                                               (d) Red River
Codes
             1              2              3            4
  1.    a               b              c              d
  2.    b               c              a              d
  3.    d               a              c              b
  4.    d               a              b             c

19. In International law, what does ‘Mare clausum’ refers to?
  1. An area in international waters where ocean mining is prohibited
  2. A sea, ocean or other navigable body of water under the jurisdiction of state that is open to navigation to ships of all nations.
  3. A sea, ocean or other navigable body of water under the jurisdiction of a state that is closed or not accessible to other states.
  4. Both (1) and (2)

20. Consider the following with respect to ‘Deep Sea Adaptation’
  1. The species have high agility than surface water species
  2. The species have reflective scales
  3. The species tend to grow much faster than surface sea species.
Select the correct statement/s
  1. 1 and 2
  2. Only 2
  3. Only 3
  4. 1, 2 and 3
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Daily English Capsule Day 22

Hi, Friends, iam back with some of new actions. so please read always my blog. Hunting for Solutions In July 2015, when Cecil, a...