406: Who decides whether a Bill is a "Money Bill" or not?
(a) Speaker of the Lok Sabha
(b) President
(c) Prime Minister
(d) Vice-President
407: Consider the following statements:
1. As per law, the Compensatory Afforestation Fund Management and Planning Authority exists at both National and State levels.
2. Peoples participation is mandatory in the compensatory afforestation programmes carried out under the Compensatory Afforestation Fund Act, 2016.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Explanation:
The Compensatory Afforestation Fund Act 2016, establishes the National Compensatory Afforestation Fund under the Public Account of India, and a State Compensatory Afforestation Fund under the Public Account of each state.these funds are to be managed by the National and State Compensatory Afforestation Fund Management and Planning Authorities, also set up under the Act. However, there is no mention in the Act of mandatory people's participation in carrying out programmes under the Act. Hence, option a) is correct.
408: Which of the following High Courts covers more than one State/Union Territories ?
(a) Delhi
(b) Allahabad
(c) Guwahati
(d) None of these
409: In India, which of the following review the independent regulators in sectors like telecommunications, insurance, electricity, etc.?
1. Ad Hoc Committees set up by the Parliament
2. Parliamentary Department Related Standing Committees
3. Finance Commission
4. Financial Sector Legislative Reforms Commission
5. NITI Aayog
Select the correct answer using the code given below:
(a) 1 and 2
(b) 1, 3 and 4
(c) 3, 4 and 5
(d) 2 and 5
Explanation:
In India, there are 24 Department Related Standing Committees that comprise members from both Houses of Parliament. These committees are ministry specific, and may review the working of regulators within their respective departments. For example, in August 2012, the Standing Committee on Energy presented a report on the functioning of the Central Electricity Regulatory Commission. In 2011, the Standing Committee on Information Technology had listed the functioning of TRAI for examination. Parliament may also establish ad-hoc committees which may examine the working of regulators. For instance, the terms of reference of the Joint Parliamentary Committee (JPC) on the allocation of 2G spectrum include the review of the policy on spectrum pricing and grant of telecom licences. Another example of parliamentary oversight through ad-hoc committees is the scrutiny of the working of SEBI and RBI by the JPC on the stock market scam. Hence, option a) is correct.
Source: https://www.prsindia.org/sites/default/files/parliament_or_policy_pdfs/1370586800_Parliamentary%20Oversight%20of%20Regulators.pdf
410: A college student desires to get elected to the Municipal Council of his city. The validity of his nomination would depend on the important condition, among others, that
(a) he obtains permission from the Principal of his college
(b) he is a member of a political party
(c) his name figures in the Voters List
(d) he files a declaration owing allegiance to the Constitution of India
Explanation:
The validity of nomination of a person to get elected to the Municipal Council would depend on the condition that his name should be figured in the Voter's list.