[Mission 2024] QUED ( Questions from Editorials ) 8 April 2024

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Introducing QUED – Questions from Editorials, an innovative initiative from InsightsIAS. Considering the significant number of questions in previous UPSC Prelims from editorials, practicing MCQs from this perspective can provide an extra edge. While we cover important editorials separately in our Editorial Section and SECURE Initiative, adding QUED to your daily MCQ practice alongside Static Quiz, Current Affairs Quiz, and InstaDART can be crucial for better performance. We recommend utilizing this initiative to enhance your preparation, with 5 MCQs posted daily at 11 am from Monday to Saturday on our website under the QUIZ menu. Best of luck! 🙂

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• Question 1 of 5 1. Question Consider the following statements regarding National Payment Council of India (NPCI). NPCI is the umbrella organisation for operating retail payments and settlement systems in India. It owns and operates the UPI platform. A Third-Party Application Provider is an entity that provides the UPI compliant apps to the end-user customers to facilitate UPI-based payment transactions. How many of the above statements is/are correct? a) Only one b) Only two c) All three d) None Correct Solution: c) A Third-Party Application Provider is an entity that provides the UPI compliant app(s) to the end-user customers to facilitate UPI-based payment transactions. These applications could be mobile wallets, merchant apps, or any other platform that utilises UPI for payments. NPCI, the umbrella organisation for operating retail payments and settlement systems in India, owns and operates the UPI platform. TPAPs leverage the UPI infrastructure provided by NPCI and work with payment service providers (PSPs) and banks to facilitate transactions. They are responsible for ensuring that their applications adhere to security standards and compliance guidelines set by NPCI. Source Incorrect Solution: c) A Third-Party Application Provider is an entity that provides the UPI compliant app(s) to the end-user customers to facilitate UPI-based payment transactions. These applications could be mobile wallets, merchant apps, or any other platform that utilises UPI for payments. NPCI, the umbrella organisation for operating retail payments and settlement systems in India, owns and operates the UPI platform. TPAPs leverage the UPI infrastructure provided by NPCI and work with payment service providers (PSPs) and banks to facilitate transactions. They are responsible for ensuring that their applications adhere to security standards and compliance guidelines set by NPCI. Source

#### 1. Question

Consider the following statements regarding National Payment Council of India (NPCI).

• NPCI is the umbrella organisation for operating retail payments and settlement systems in India.

• It owns and operates the UPI platform.

• A Third-Party Application Provider is an entity that provides the UPI compliant apps to the end-user customers to facilitate UPI-based payment transactions.

How many of the above statements is/are correct?

• a) Only one

• b) Only two

• c) All three

Solution: c)

A Third-Party Application Provider is an entity that provides the UPI compliant app(s) to the end-user customers to facilitate UPI-based payment transactions. These applications could be mobile wallets, merchant apps, or any other platform that utilises UPI for payments.

NPCI, the umbrella organisation for operating retail payments and settlement systems in India, owns and operates the UPI platform.

TPAPs leverage the UPI infrastructure provided by NPCI and work with payment service providers (PSPs) and banks to facilitate transactions. They are responsible for ensuring that their applications adhere to security standards and compliance guidelines set by NPCI.

Solution: c)

NPCI, the umbrella organisation for operating retail payments and settlement systems in India, owns and operates the UPI platform.

• Question 2 of 5 2. Question The Cabinet Committee on Economic Affairs (CCEA) consists of which of the following ministers? Defence Minister Home Minister Finance Minister Minister of Agriculture and Farmers Welfare How many of the above options is/are correct? a) Only one b) Only two c) Only three d) All four Correct Solution: d) Fair and Remunerative Price (FRP) of sugarcane is the price that the Centre’s Cabinet Committee on Economic Affairs (CCEA) decides. This committee includes the Prime Minister, the Defence Minister, the Home Minister, the Finance Minister, the Minister of Agriculture and Farmers Welfare and some other senior ministers. Source Incorrect Solution: d) Fair and Remunerative Price (FRP) of sugarcane is the price that the Centre’s Cabinet Committee on Economic Affairs (CCEA) decides. This committee includes the Prime Minister, the Defence Minister, the Home Minister, the Finance Minister, the Minister of Agriculture and Farmers Welfare and some other senior ministers. Source

#### 2. Question

The Cabinet Committee on Economic Affairs (CCEA) consists of which of the following ministers?

• Defence Minister

• Home Minister

• Finance Minister

• Minister of Agriculture and Farmers Welfare

How many of the above options is/are correct?

• a) Only one

• b) Only two

• c) Only three

• d) All four

Solution: d)

Fair and Remunerative Price (FRP) of sugarcane is the price that the Centre’s Cabinet Committee on Economic Affairs (CCEA) decides. This committee includes the Prime Minister, the Defence Minister, the Home Minister, the Finance Minister, the Minister of Agriculture and Farmers Welfare and some other senior ministers.

Solution: d)

• Question 3 of 5 3. Question The application of Somatic Cell Nuclear Transfer Technology is a) Production of organisms free of diseases b) Reproductive cloning of animals c) Production of biolarvicides d) Manufacture of biodegradable plastics Correct Solution: b) In genetics and developmental biology, somatic cell nuclear transfer (SCNT) is a laboratory strategy for creating a viable embryo from a body cell and an egg cell. The technique consists of taking an enucleated oocyte (egg cell) and implanting a donor nucleus from a somatic (body) cell. It is used in both therapeutic and reproductive cloning. Incorrect Solution: b) In genetics and developmental biology, somatic cell nuclear transfer (SCNT) is a laboratory strategy for creating a viable embryo from a body cell and an egg cell. The technique consists of taking an enucleated oocyte (egg cell) and implanting a donor nucleus from a somatic (body) cell. It is used in both therapeutic and reproductive cloning.

#### 3. Question

The application of Somatic Cell Nuclear Transfer Technology is

• a) Production of organisms free of diseases

• b) Reproductive cloning of animals

• c) Production of biolarvicides

• d) Manufacture of biodegradable plastics

Solution: b)

In genetics and developmental biology, somatic cell nuclear transfer (SCNT) is a laboratory strategy for creating a viable embryo from a body cell and an egg cell. The technique consists of taking an enucleated oocyte (egg cell) and implanting a donor nucleus from a somatic (body) cell. It is used in both therapeutic and reproductive cloning.

Solution: b)

• Question 4 of 5 4. Question When India won its waiver at the Nuclear Suppliers Group in 2008, it signed its first civil nuclear deal with a) Japan b) United States c) France d) Russia Correct Solution: c) When India won its waiver at the Nuclear Suppliers Group in 2008, it was France (it had done much of the heavy lifting for the waiver), and not the U.S., that India signed its first civil nuclear deal with. Incorrect Solution: c) When India won its waiver at the Nuclear Suppliers Group in 2008, it was France (it had done much of the heavy lifting for the waiver), and not the U.S., that India signed its first civil nuclear deal with.

#### 4. Question

When India won its waiver at the Nuclear Suppliers Group in 2008, it signed its first civil nuclear deal with

• b) United States

Solution: c)

When India won its waiver at the Nuclear Suppliers Group in 2008, it was France (it had done much of the heavy lifting for the waiver), and not the U.S., that India signed its first civil nuclear deal with.

Solution: c)

• Question 5 of 5 5. Question Consider the following statements regarding Select Committee of the Parliament. The membership is limited to MPs from one House and there are no rules for constituting a Joint Committee. The quorum for each sitting needs to be two-third of the total numberof members of the committee. The chairman does not have a casting vote. How many of the above statements are incorrect? a) Only one b) Only two c) All three d) None Correct Solution: c) The actual number of membership of the Select Committee is not fixed; it varies from Committee to Committee. If it is a Joint Committee, the proportion of members from the Rajya Sabha and the Lok Sabha is 1:2. The Chairman of the Committee is appointed by the Chairman of the Rajya Sabha from among the members of the Committee. The member or Minister in-charge of the Bill is generally included as a member of the Committee. The quorum for each sitting needs to be one-third of the total number of members of the committee. In case of equality of votes on any matter, the chairman (or any other person presiding) will have a second or casting vote. Incorrect Solution: c) The actual number of membership of the Select Committee is not fixed; it varies from Committee to Committee. If it is a Joint Committee, the proportion of members from the Rajya Sabha and the Lok Sabha is 1:2. The Chairman of the Committee is appointed by the Chairman of the Rajya Sabha from among the members of the Committee. The member or Minister in-charge of the Bill is generally included as a member of the Committee. The quorum for each sitting needs to be one-third of the total number of members of the committee. In case of equality of votes on any matter, the chairman (or any other person presiding) will have a second or casting vote.

#### 5. Question

Consider the following statements regarding Select Committee of the Parliament.

• The membership is limited to MPs from one House and there are no rules for constituting a Joint Committee.

• The quorum for each sitting needs to be two-third of the total numberof members of the committee.

• The chairman does not have a casting vote.

How many of the above statements are incorrect?

• a) Only one

• b) Only two

• c) All three

Solution: c)

The actual number of membership of the Select Committee is not fixed; it varies from Committee to Committee. If it is a Joint Committee, the proportion of members from the Rajya Sabha and the Lok Sabha is 1:2. The Chairman of the Committee is appointed by the Chairman of the Rajya Sabha from among the members of the Committee.

The member or Minister in-charge of the Bill is generally included as a member of the Committee.

The quorum for each sitting needs to be one-third of the total number of members of the committee. In case of equality of votes on any matter, the chairman (or any other person presiding) will have a second or casting vote.

Solution: c)

The member or Minister in-charge of the Bill is generally included as a member of the Committee.

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