Current Affairs Question - 07 March 2019

Consider the following statements vis-à-vis Model Code of Conduct (MCC):

1. MCC is not applicable to a ‘caretaker government’ on premature dissolution of State Assembly.
2. No payments can be made from discretionary funds during the period when MCC is in force.

Choose the correct answer from the code given below:

Consider the following statements about the Model Code of conduct (MCC):

1. MCC has a ‘statutory’ backing under Representation of People Act 1951.
2. The sets of norms have evolved with the consultation of political parties.
3. It comes into effect from the polling day and ends after the declaration of result.

Choose the correct answer from the code given below:

Consider the following statements regarding the Moral Code of Conduct (MCC):

1. MCC is a voluntary document to which only national political parties adhere to.

2. Ministers or other Government officials can’t announce financial grants in any form till MCC is in place.

Which of the above statements are incorrect?

Consider the following statements about the Insurance Regulatory and Development Authority of India (IRDAI):

1. It is a constitutional body with its headquarter in Hyderabad.

2. It is the outcome of P. J. Nayak Committee

3. Insurance is a subject listed in Union List of the Indian Constitution.

Choose the correct answer from the code given below: