Quiz 2020: Prelims Power Play 9 October 2020

1. In India, other than ensuring that public funds are used efficiently and for intended purpose, what is the importance of the office of the Comptroller and Auditor General (CAG)?

1. CAG exercises exchequer control on behalf of the Parliament when the President of India declares national emergency/financial emergency.
2. CAG reports on the execution of projects or programmes by the ministries are discussed by the Public Accounts Committee.
3. Information from CAG reports can be used by investigating agencies to press charges against those who have violated the law while managing public finances.
4. While dealing with the audit and accounting of government companies, CAG has certain judicial powers for prosecuting those who violate the law.

Which of the statements given above is/are correct?

2. Which of the following organization form the World Bank Group?

1. World Bank
2. International Bank for Reconstruction and Development (IBRD)
3. International Finance Corporation (IFC)
4. International Development Association (IDA)
5. Multilateral Investment Guarantee Agency (MIGA)
6. International Centre for the Settlement of Investment Disputes (ICSID)

Select the correct code?

3. River Noyyal, its tributary polluted with heavy metals, says study. In this context, Consider the following statement

1. River noyyal is a tributary of River. Cauvery
2. The species living in the rivers can be a good indicator for the pollution in the river.
3. Bureau of Indian Standards has set specifications in its IS–10500-2012 standards for drinking water.

Which of the following statement(s) is/are is correct

4. Consider the following statement with respect to organ transplantation in India.

1. Public Health is a subject comes under the concurrent list.
2. Organ donation in India is regulated by the Transplantation of Human Organs and Tissues Act, 1994.
3. The law allows both deceased and living donors to donate their organs.

Which of the following statement(s) is/are is correct

5. Consider the following statements with respect to powers of Comptroller and Auditor general of India (CAG) during a Pandemic? 

1. The CAG’s auditing powers are generally diluted during an Emergency situation like a pandemic for smooth functioning of the government’s delivery system.
2. The CAG cannot audit State Disaster Response Fund ( SDRF)
3. In relation to audit of expenditure he decides the scope of audit and frames his own audit codes and manuals.
4. Conducts audit to satisfy himself that rules and procedures in that behalf are designed to secure an effective check on proper allocation of revenue.

Select the correct answer using the code given below: