CAPF (AC) 2013 (Paper-1) (Question 101-125)

Total Questions: 25

11. The following are some important sources of tax revenue for the Union Government in India:

1. Corporation tax

2. Customs

3. Union excise duties

4. Service tax

Arrange the aforesaid sources of revenue in ascending order as per the Budget Estimates for 2013-14.

Correct Answer: (d) 4-3-2-1
Solution:Sources of tax revenue in the year 2013-14 are in ascending order as follows Service tax, Union excise duties, Customs, and Corporation tax. The Budget for 2013-14 envisioned growth of 20.3 per cent in indirect taxes over RE 2012-13. The total indirect tax collection for 2013-14 was estimated at Rs. 5,64,254 crore which was revised downwards to Rs. 5,18,770 crore in the year 2013-14.

12. Which of the following statements about the scheme 'Roshni' launched by the Ministry of Rural Development in June 2013 is/are correct?

1. The scheme is supposed to provide training and employment to youth in the age group of 10 to 35 years.

2. 50% of the beneficiaries of the scheme will be women.

3. It is a cent percent Central Government funded scheme.

Select the correct answer using the code given below:

Correct Answer: (c) 1 and 2 only
Solution:The scheme named "Roshni" is supposed to provide training and employment to an expected 50,000 youth in the 10-35 years age group, for three years. As per the Ministry, 50 per cent of the beneficiaries of the scheme will be women only.

The Scheme Roshni is a 100-crore Rupees project that will be mutually funded by the Union and State Governments, with the Centre providing 75 per cent of the funding. The scheme applied on a public-private basis, with private agencies providing job training and employment.

13. In February 2013, the International Court of Arbitration at The Hague ruled in favor of India's position on the diversion of Kishanganga water setting aside the objections raised by

Correct Answer: (a) Pakistan
Solution:The Hague Court give remedial verdict in Kishenganga dispute between India and Pakistan. The Permanent Court of Arbitration at Hague has given its partial dispute between India Pakistan on the 330 MW Kishenganga hydropower project in Kashmir.

The Court of Arbitration is made up of the matter Indus Waters Kishenganga Arbitration has given a Partial Award in respect of the dispute between Pakistan and India under the Indus Waters Treaty about (1) the administration of the operation of an Indian hydro-electric project located in India-administered Jammu and Kashmir; and (2) the allowance under the Treaty of the reduction of the reservoirs of particular Indian hydro-electric plants.

14. Consider the following statements about NEOSS at launched by PSLV in February 2013:

1. It is the only space telescope dedicated to searching for asteroi.. that might have a threat to the earth.

2. It was designed and developed by ISRO.

Which of the statements given above is/are correct?

Correct Answer: (a) 1 only
Solution:On February 25, 2013, India successfully launched its PSLV-C20/SARAL mission. NEOSS will be the only space telescope dedicated to search for asteroids that might create a threat to our planet. This was the 23rd mission of the Polar Satellite Launch Vehicle (PSLV), a domestic rocket developed by the Indian Space Research Organization (ISRO). PSLV is a unique rocket. In its standard configuration, it is capable of lifting approximately a 2-ton payload.

15. The Government of India on 12th June, 2013 enhanced the limit of foreign investments in government securities by 5 billion US dollar. In this regard, which of the following statements is not correct?

Correct Answer: (d) The investment can be made in all categories of investments across the board
Solution:The investment can be made in all categories of investment across the board. This is not a correct statement regarding the foreign investment by the Government of India. On 12th June 2013 The Central Government increased the limit of foreign investments in government securities by 5 billion US dollars. FDI limits in the following sectors have been unchanged in 2013: civil aviation, defence airports, print media, multi-brand retail.

16. The Central Board of Direct Taxes (CBDT) in June 2013 has specified a value for the cost inflation index of 2013-14. In this regard, which of the statements given below is/are correct?

1. There has been a rise in the cost inflation index over the year 2012-13

2. The cost inflation index helps in reducing the inflationary gains, thereby reducing the long-term capital gains tax payout for a taxpayer.

Select the correct answer using the code given below.

Correct Answer: (c) Both 1 and 2
Solution:Cost Inflation Index (CII) is used to estimate the increase in the prices of goods and assets each subsequent year due to inflation. Cost Inflation Index in the year 2012-13 is calculated as 200. There has been an absolute increase in Cost Inflation Index over the year 2012-13.

This is a fact in the context of the cost inflation index that assists in lessening the inflationary gains also reduces the long term capital gains tax payoff for a taxpayer. The base year is the primary year of the cost inflation index and has an index value of 100.

17. United Nations General Assembly declared the year 2013 as

Correct Answer: (a) International Year of Water Cooperation
Solution:United Nations declared the year 2013 as the International Year of Water Cooperation. UN General Assembly was declared by the United Nations in 1959 to draw attention to major problems and encourage international action to address concerns that have global importance and ratifications. By declaring the 2013 International Year of Water Cooperation (IYWC), the international community addresses the importance of peaceful and sustainable management and use of water resources.

18. Which of the following recommendations of J. S. Verma Committee on crime against women was/were accepted by the Government by way of an ordinance?

1. Armed force personnel, who commit crime against women, could be tried under ordinary criminal law

2. There would be restriction of politicians facing sexual offence charges from contesting elections

3. Criminalization of marital rape

4. Question regarding moral character will not be put to the victim during cross-examination

Select the correct answer using the code given below.

Correct Answer: (d) 4 only
Solution:Justice JS Verma Committee was established after the Nirbhaya incident of December 2012 and put forth its recommendations on strengthening the laws to stop crimes against women. It was made recommendations on laws related to sexual harassment, trafficking, child sexual abuse, medical examination of victims, police, electoral and educational reforms.

The Act defines sexual harassment at the workplace and builds a system for speedy disposal of complaints by victims. It also protects against false charges. The judiciary can take suo moto cognizance of such issues being deeply concerned with them both in the Supreme Court and the High Court.

19. The following seven (7) items consist of two statements, Statement I and Statement II. You are to examine these two statements carefully and select the answer to these items using the code given below.

Statement-I : When a piece of brick lying on grass for a number of days is removed, the covered part of the grass appears pale.

Statement-II : Synthesis of chlorophyll, which gives green pigment, occurs in presence of sunlight.

Correct Answer: (a) Both the statements are individually true and Statement II is the correct explanation of Statement I
Solution:A piece of brick is lying on the grass for several days then the colour of the grass becomes pale in colour because of the absence of sunlight. Chlorophyll is a part of the most important class of pigments involved in photosynthesis, the process by which light energy is converted to chemical energy through the synthesis of organic compounds.

Therefore, both the statements are individually correct and the Statement II is the correct explanation of Statement I.

20. .

Statement-I : The mirror used in searchlight is parabolic.

Statement-II : All the rays coming from the source at the focus of a parabolic mirror are reflected as an intense parallel beam.

Correct Answer: (a) Both the statements are individually true and Statement II is the correct explanation of Statement I
Solution:In the parabolic mirror, when the origin is at the focus, the beam of light emitted over the entire cross-section of the mirror is a parallel beam. A searchlight emits a huge amount of the parallel beam of light. This needs a reflector of a big aperture.

The parabolic reflector changes an incoming plane wave travelling through the axis into a spherical wave converging toward the focus. Conversely, a spherical wave formed by a point source located in the focus is reflected into a plane wave along the axis. Thus, both the statements are individually correct and the Statement II is the correct explanation of Statement I.