10 PM Current Affairs Quiz: December 7, 2020

Both statements are correct.
The Advertising Standards Council of India, established in 1985, is a Mumbai based self-regulatory voluntary organization of the advertising industry in India. It seeks to ensure that advertisements conform to its Code for Self-Regulation. Under the Cable Television Networks (Regulation) Act, 1995 it is mandatory for television networks to follow the advertising code laid down by ASCI.
# The Ministry of Information and Broadcasting has issued an advisory asking all private television broadcasters to follow guidelines issued by the Advertising Standards Council of India (ASCI) for advertisements relating to online gaming, fantasy sports etc.

Statement 1 is incorrect. The United Nations Alliance of Civilization (UNAOC) was established in 2005, at the initiative of the Governments of Spain and Turkey, under the auspices of the United Nations.
A High-level Group of experts was formed by former Secretary-General Kofi Annan to explore the roots of polarization between societies and cultures today, and to recommend a practical programme of action to address this issue. The Report of the High-level Group provided analysis and put forward practical recommendations that form the basis for the implementation plan of the United Nations Alliance of Civilizations.
Statement 2 is correct. The Alliance benefits from a political support of the Group of Friends, a community of countries and international organizations which actively promotes the Alliance’s objectives and work at the global, regional and local levels, as well as worldwide.
India is a member to the ‘Group of Friends’.
# India has asked the UNAOC to expand its criticism of hatred and violence against religions beyond the three Abrahamic religions.

The World Meteorological Organization (WMO) has released the annual State of Global Climate Report, 2020 to keep a track of global warming.
The global mean surface temperature for January-October was 1.2 degree Celsius higher than the pre-industrial baseline (1850-1900).
There was heavy rainfall and flooding in many parts of Asia and Africa leading to loss of human lives, property and livelihoods. The most affected were the Sahel and Greater Horn regions of Africa and China, India, Korea and Japan regions of Asia.
South America on the other hand experienced severe droughts with northern Argentina, Paraguay and western areas of Brazil being some of the worst affected. Brazil alone recorded agricultural losses of $3 billion.

Accommodative monetary policy, also known as loose credit or easy monetary policy, occurs when a central bank attempts to expand the overall money supply to boost the economy when growth is slowing.
It does this by running a succession of decreases in the Interest rates, making the cost of borrowing cheaper. Accommodative money policy is triggered to encourage more spending from consumers and businesses by making money less expensive to borrow through the lowering of short-term interest rates.

Statement 1 is correct. Under the Constitution of India, Labour is a subject in the Concurrent List where both the Central & State Governments are competent to enact legislation subject to certain matters being reserved for the Centre.
Entry 22: Trade Unions; industrial and labour disputes.
Entry 23: Social Security and insurance, employment and unemployment.
Statement 2 is incorrect. According to the Code on Wages 2019, the central government will fix a floor wage, taking into account living standards of workers. Further, it may set different floor wages for different geographical areas. Before fixing the floor wage, the central government may obtain the advice of the Central Advisory Board and may consult with state governments.
The minimum wages decided by the central or state governments must be higher than the floor wage. In case the existing minimum wages fixed by the central or state governments are higher than the floor wage, they cannot reduce the minimum wages.

NSO is mandated with the following responsibilities among others:
–prepares national accounts as well as publishes annual estimates of national product, government and private consumption expenditure, capital formation, savings, estimates of capital stock and consumption of fixed capital, as also the state level gross capital formation of supra-regional sectors and prepares comparable estimates of State Domestic Product (SDP) at current prices;
–compiles and releases the Index of Industrial Production (IIP) every month in the form of ‘quick estimates’; conducts the Annual Survey of Industries (ASI); and provides statistical information to assess and evaluate the changes in the growth, composition and structure of the organized manufacturing sector;

Kulthi or Kulth (horse gram) is a legume grown as a kharif crop in Himachal Pradesh. Kulth grown in the Karsog area of Mandi district is believed to be particularly rich in amino acids.
The Himachal Pradesh government is trying to obtain Geographical Indication certification for five products from the state – Karsog Kulth, Thangi of Pangi, Chamba Metal Crafts, Chamba Chukh, and Rajmah of Bharmour.
The GI is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin”.
GIs are covered as an element of intellectual property rights under the Paris Convention for the Protection of Industrial Property. They are also covered under the Trade Related Aspects of Intellectual Property Rights (TRIPS) Agreement.

The Yamuna River originates from the Yamunotri Glacier near Banderpoonch peaks in the Mussourie range of the lower Himalayas at an elevation of about 6,387 meters above the mean sea level in district Uttarkashi (Uttarakhand).
The important tributaries of the Yamuna River are the Tons, the Chambal, the Hindon, the Sarda, the Betwa and the Ken. Smaller tributaries of the Yamuna River include Rishiganga, the Uma, the Hanuman Ganga, the Giri, the Karan, the Sagar and the Rind.
The main Yamuna and Tons are fed by glaciers, viz., the Bandar Punch Glacier and its branches and originate from the Great Himalayan range.
# CPCB monitors water quality of River Yamuna and drains discharging into the River.
CPCB has issued directions to Delhi Jal Board to submit time bound action plan to ensure compliance to norms by STPs and that no untreated sewage is discharged to these drains.

As with most liquids, water molecules are normally attracted to each other. This attraction creates tension at the surface of the water, often referred to as a thin “skin,” which allows some insects to glide across it.
–When leaves, twigs or other organic substances fall into water and begin decaying, they release compounds known as surfacants.
This interaction breaks the surface tension, which in turn allows air to more easily mix with water and creates bubbles. These bubbles congregate as natural foam.
–Not all foam is natural. Certain man-made products, including detergents can cause foam that is similar in appearance, but may be harmful to fish and other aquatic life.
In addition, human activities that cause an increase in algae or aquatic plant growth such as the introduction of fertilisers can cause plant and algae blooms and an increase in foam production.

Statement 1 is correct. Scheduled Castes Federation (SCF) was an organisation in India founded by B. R. Ambedkar in 1942 to campaign for the rights of the Dalit community.
Bahishkrit Hitakarini Sabha is a central institution formed by Dr. Babasaheb Ambedkar for removing difficulties of the untouchables and placing their grievances before government.
Statement 2 is correct. BR Ambedkar was conferred Bharat Ratna posthumously on March 31, 1990.
In 1956, Ambedkar converted to Buddhism. He completed the final manuscript of his book on Buddhism ‘The Buddha and His Dhamma’ in December 1956. Three days later, on 6 December, he passed away.