10 PM Current Affairs Quiz #25 August 30, 2019

Explanation: The Union Environment Ministry on Thursday transferred ₹47,436 crore to 27 States for afforestation. These are long-pending dues part of the Compensatory Afforestation Fund (CAF), a ₹54,000 crore tranche that has been collected for nearly a decade as environmental compensation from industry, which has razed forest land for its business plans. “The Fund will be used as per provisions of the CAF Act and Rules. These include catchment area treatment, wildlife management, forest fire prevention, soil and moisture conservation work in the forest….it cannot be used for payment of salary, travelling allowances, making buildings and buying office equipment for forest officers.

Explanation: The Kabini or Kapila, is a river found in southern India. This lively river originates in Wayanad District of Kerala state, south India. The river is nourished by the water of flowing Panamaram River and Mananthavady River. Then it runs towards east to join the Kaveri River at Tirumakudal Narasipur in Karnataka. Finally the river merges into the Bay of Bengal. While flowing by the town of H D Kote this wonderful river forms the giant Kabini Reservoir. The backwoods of this reservoir are highly enriched by the presence of a rich iety of wildlife especially during summer months when the water level comes across the brims to create the affluent green meadows. Kabini Dam is sited between the Beechanahalli and Bidarahalli village of Karnataka. The villages are at a distance of 14KM from H.D.Kote town,Mysore district. This huge dam is around 2,284 feet in height with a gross capacity of storing 19.52tmcft. Recently due to the high silt accumulation, its storage capacity is getting degraded. Kabini Reserve Forest is known to be one of the most famous wildlife destinations in Karnataka. Due to its easy accessibility from the town and the abundant greenery enclosing a giant picturesque lake the forestry has earned a good reputation across the state.

Explanation: The only luxury train in South India, “Golden Chariot” offers an insight into treasure trove of archaeological wealth, abundant bounty for wildlife seekers and a kaleidoscope of culture for its esteemed guests. It offers a mix of heritage, culture, eco-tourism and beach life. Recline & relax as the magnificent scenery unfolds outside your window with luxury on the inside, thus far reserved for royalty.
We present the Golden Chariot-a fine balance between a glorious yesterday and an omnipresent tomorrow in a magical land … that is Karnataka. The Golden Chariot Train is a joint venture of State Government of Karnataka & Ministry of Railways.

Explanation: Two well-known products from Tamil Nadu-Dindigul lock and Kandangi saree -have been given the Geographical Indication (GI) tag by The Geographical Indications Registry in Chennai. The application for the lock was made by the Dindigul Lock, Hardware and Steel Furniture Workers Industrial Co-operative Society Limited. The Amarar Rajeev Gandhi Handloom Weavers Co-operative Production and Sales Society Limited filed the application for the Kandangi saree. kalamkari, renowned for natural dye art or designs on fabrics, has been registered in the Geographical Indications Registry (GIR) of the Government of India under the Geographical Identification of Goods (Registration and Protection) Act, 1999.
Members of Vegetable Dye Hand Block Kalamkari Printers’ Welfare Association, Pedana received the registration certificate from the GIR, Chennai. In the GI Registration, this art form has, however, been recognised as ‘Machilipatnam Kalamkari’. Pedana is 15 k.m. from Machilipatnam.

Explanation: FDI up to 100% is permitted, under the automatic route, subject to certain conditions mentioned in Consolidated FDI Policy, in the following agricultural activities: Floriculture, Horticulture, Apiculture and Cultivation of Vegetables & Mushrooms under controlled conditions; Development and production of Seeds and planting material; Animal Husbandry (including breeding of dogs), Pisciculture, Aquaculture, under controlled conditions; and Services related to agro and allied sectors. The government on August 28 relaxed FDI rule for foreign single brand retailers and also permitted foreign investment in contract manufacturing and coal mining.
List of the important decisions on FDI by the Cabinet:
•Allows 100% FDI under automatic route in coal mining and associated infrastructure
•Allows 100% FDI in contract manufacturing under automatic route
•Relaxes FDI rules for single brand retail; expands definition of 30% domestic sourcing
•Allows online retailing under single-brand retail; relaxes rule of mandatory brick-and-mortar store
•Approves 26% FDI in digital media