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1. Consider the following statements regarding Permanent Commission (PC).
1. The Supreme Court recently declared that all serving women officers would be eligible for permanent commission.
2. Command appointments will be automatic for women unlike men.
3. Short Service Commission Officers would be given two chances in the sixth and seventh years of service to opt for PC/ extension of service.
Which of the statement(s) given above is/are correct?
(a) 2 and 3 only
(b) 1 and 2 only
(c) 1 and 3 only
(d) 1, 2 and 3
2. Consider the following statements with respect to the SEBI (Securities and Exchange Board of India).
1. It was constituted in 1988 as an interim administrative body under the Finance Ministry; later on statutory status was provided through SEBI, Act, 1992.
2. SEBI is a quasi-legislative and quasi-judicial body which can draft regulations, conduct inquiries, pass rulings and impose penalties.
Which of the statement(s) given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
3. Consider the following statements with respect to the Central Reserve Police Force (CRPF).
1. The CRPF came into existence as Crown Representative’s Police on 27th July 1939.
2. The mission of the CRPF shall be to enable the government to maintain Rule of Law, Public Order and Internal Security.
3. It is the largest paramilitary force in the world and no other security force of the country has seen expansion at such a rapid rate.
4. The Rapid Action Force, the COBRA (Commando Battalion for Resolute Action), and the Special Duty Group are the specialised units of CRPF.
Which of the statement(s) given above is/are correct?
(a) 1, 2 and 4 only
(b) 2, 3 and 4 only
(c) 1, 2 and 3 only
(d) 1, 2, 3 and 4
4. Consider the following statements regarding the Supreme Court of India.
1. According to Article 130 of the Constitution, the SC shall sit in Delhi or in any other place or places as the CJI may, with the approval of the President, from time to time, appoint.
2. A Judge of the SC cannot be removed from office except by an order of the President passed after an address in each House of Parliament supported by a majority of the total membership of that House and by a majority of not less than two-thirds of members present and voting, and presented to the President in the same Session for such removal on the ground of proved misbehaviour or incapacity.
3. In order to be appointed as a Judge of the SC, a person must be a citizen of India and must have been, for atleast five years, a Judge of a High Court or of two or more such Courts in succession, or an Advocate of a High Court or of two or more such Courts in succession for at least 10 years or he must be, in the opinion of the President, a distinguished jurist.
Which of the statement(s) given above is/are correct?
(a) 2 and 3 only
(b) 1 and 2 only
(c) 1 and 3 only
(d) 1, 2 and 3
4.Answer-d
Explanation-
https://main.sci.gov.in/constitution
5. “Initiative SUTRA PIC” has unveiled by the central government recently. Which of the following statement is incorrect regarding this?
(a) It is a programme to scientific research on indigenous cows.
(b) To be funded by multiple scientific ministries, this is led by the Department of Science and Technology (DST).
(c) This initiative has five themes which should aim to perform scientific research on complete characterization of milk and milk products derived from Indian indigenous cow.
(d) None of the above
1.Answer-c
Explanation
What are the rules concerning Permanent Commission to SSC (Short Service Commission) Officers?
SSC officers are presently inducted under the 10+4 scheme, wherein the officer serves for 10 years and can exercise the option of extending his service by 4 years.
PC is granted to SSC officers subject to service requirement and availability of vacancies. Further, the grant of PC is governed by Regs. Navy Part III, Statutory, Chapter IV Article 124(7) & 126(7), Chapter IX Article 203.
SSC-to-PC conversion is presently applicable to Technical Officers (Engineering and Electrical).
Grant of PC to SSC officers of Law, Education and Naval Construction Cadre is effective for batches that have been inducted w.e.f Oct 08.
Officers would be considered for grant of PC based on their performance and recommendations in ACRs.
The officers are required to be medically fit as per Naval Standards and no disciplinary/ vigilance case should be pending against the officers.
Officers volunteering for PC are to forward their willingness for extension of service under 10+4 scheme through respective formations.
SSC officers would be given two chances to opt for PC/ extension of service. The two chances would be in the sixth and seventh years of service.
The selection would be based on inter-se merit of the officers under consideration and subject to availability of vacancies.
The judgment recorded that the policy statement had endorsed permanent commission for SSC women officers in 10 streams of the ‘Combat Support Arms’ and ‘Services’ sections. These are Signals, Engineers, Army Aviation, Army Air Defence, Electronics and Mechanical Engineers (EME), Army Service Corps, Army Ordinance Corps and Intelligence, in addition to the existing streams of Judge Advocate General (JAG) and Army Education Corps.
The policy decision of the Union government is recognition of the right of women officers to equality of opportunity,” the court said.
SSC for women is available only in the ‘Combat Support Arms’ and ‘Services’ wings of the Army. The exclusion of women from combat operations was not examined by the court as it was not the contested in the appeal.
The court dismissed the government’s stand that only women officers with less than 14 years of service ought to be considered for permanent commission, and those with over 20 years of service should be pensioned immediately.
Applying the judgment retrospectively, the court declared that all serving women officers would be eligible for permanent commission.
The court held that since command appointments were not automatic for men officers, so would it be for women. It was left to the Army to take a call on a case to case basis.
2.Answer-c
Explanation
Securities and Exchange Board of India (SEBI)
SEBI is a statutory body established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992.
The basic functions of the Securities and Exchange Board of India is to protect the interests of investors in securities and to promote and regulate the securities market.
Background
Before SEBI came into existence, Controller of Capital Issues was the regulatory authority; it derived authority from the Capital Issues (Control) Act, 1947.
In April, 1988 the SEBI was constituted as the regulator of capital markets in India under a resolution of the Government of India.
Initially SEBI was a non statutory body without any statutory power. It became autonomous and given statutory powers by SEBI Act 1992.
The headquarters of SEBI is situated in Mumbai. The regional offices of SEBI are located in Ahmedabad, Kolkata, Chennai and Delhi.
Structure
SEBI Board consists of a Chairman and several other whole time and part time members.
SEBI also appoints various committees, whenever required to look into the pressing issues of that time.
Further, a Securities Appellate Tribunal (SAT) has been constituted to protect the interest of entities that feel aggrieved by SEBI’s decision.
SAT consists of a Presiding Officer and two other Members.
It has the same powers as vested in a civil court. Further, if any person feels aggrieved by SAT’s decision or order can appeal to the Supreme Court.
Securities Appellate Tribunal (SAT)
SAT is a statutory body established under the provisions of the Securities and Exchange Board of India Act, 1992.
It is to hear and dispose of appeals against orders passed by the Securities and Exchange Board of India or by an adjudicating officer under the Act; and to exercise jurisdiction, powers and authority conferred on the Tribunal by or under this Act or any other law for the time being in force.
Consequent to government notification dated 27th May, 2014; SAT hears and disposes of appeals against orders passed by the Pension Fund Regulatory and Development Authority (PFRDA) under the PFRDA Act, 2013.
Further, in terms of government notification dated 23rd March, 2015, SAT hears and disposes of appeals against orders passed by the Insurance Regulatory Development Authority of India (IRDAI) under the Insurance Act, 1938, the General Insurance Business (Nationalization) Act, 1972 and the Insurance Regulatory and Development Authority Act, 1999 and the Rules and Regulations framed there under.
Powers and Functions of SEBI
SEBI is a quasi-legislative and quasi-judicial body which can draft regulations, conduct inquiries, pass rulings and impose penalties.
It functions to fulfill the requirements of three categories –
Issuers – By providing a marketplace in which the issuers can increase their finance.
Investors – By ensuring safety and supply of precise and accurate information.
Intermediaries – By enabling a competitive professional market for intermediaries.
By Securities Laws (Amendment) Act, 2014, SEBI is now able to regulate any money pooling scheme worth Rs. 100 cr. or more and attach assets in cases of non-compliance.
SEBI Chairman has the authority to order “search and seizure operations”. SEBI board can also seek information, such as telephone call data records, from any persons or entities in respect to any securities transaction being investigated by it.
SEBI perform the function of registration and regulation of the working of venture capital funds and collective investment schemes including mutual funds.
It also works for promoting and regulating self-regulatory organizations and prohibiting fraudulent and unfair trade practices relating to securities markets.
3.Answer-d
Explanation
The Central Reserve Police Force came into existence as Crown Representative’s Police on 27th July 1939.
It became the Central Reserve Police Force on enactment of the CRPF Act on 28th December 1949.
It has completed 80 years of glorious history.
The Force has grown into a big organization with 246 Bns, (including 208 executive Bns, 6 Mahila Bns, 15 RAF Bns, 10 CoBRA Bns, 5 Signal Bns and 1 Special Duty Group, 1 Parliament Duty Group), 43 Group Centres, 20 Training Institutions, 3 CWS, 7 AWS, 2 SWS,1 MWS, 4 Composite Hospitals of 100 bedded and 17 Composite Hospitals of 50 bedded.
Mission
The mission of the Central Reserve Police Force shall be to enable the government to maintain Rule of Law, Public Order and Internal Security effectively and efficiently, to Preserve National Integrity and Promote Social Harmony and Development by upholding supremacy of the Constitution.
Vision- Broad duties being performed by the CRPF are:
• Crowd control
• Riot control
• Counter Militancy / Insurgency operations.
• Dealing with Left Wing Extremism
• Overall co-ordination of large scale security arrangement especially with regard to elections in disturbed areas.
• Fighting enemy in the event of War.
• Participating in UN Peace Keeping Mission as per Govt. policy.
• Rescue and Relief operations at the time of Natural Calamities and disasters.
4.Answer-d
Explanation-
https://main.sci.gov.in/constitution
5.Answer-d
Explanation-
The government has unveiled a programme to research on ‘indigenous’ cows. To be funded by multiple scientific ministries, the initiative, SUTRA PIC, is led by the DST. It has the Department of Biotechnology, the CSIR, the Ministry for AYUSH among others and the Indian Council of Medical Research as partners.
Five themes
SUTRA PIC (Scientific Utilisation through Research Augmentation Prime Products from Indigenous Cows) has five themes: Uniqueness of Indigenous Cows, Prime products from Indigenous Cows for Medicine and Health, Prime products from Indigenous Cows for Agricultural Applications, Prime products from Indigenous Cows for Food and Nutrition, and Prime products from indigenous cows based utility items.
This initiative has five themes which should aim to perform scientific research on complete characterization of milk and milk products derived from Indian indigenous cow; scientific research on nutritional and therapeutic properties of curd and ghee prepared from indigenous breeds of cows by traditional methods; development of standards for traditionally processed dairy products of Indian origin cow.