10 PM Current Affairs Quiz : February 1, 2019

Both the statements are correct

To ensure that banks don’t go bust, RBI has put in place some trigger points to assess, monitor, control and take corrective actions on banks which are weak and troubled.

The norms allow the regulator to place certain restrictions such as halting branch expansion and stopping dividend payment. It can even cap a bank’s lending limit to one entity or sector.

The PCA is invoked when certain risk thresholds are breached. There are three risk thresholds which are based on certain levels of asset quality, profitability, capital and the like. The third such threshold, which is maximum tolerance limit, sets net NPA at over 12% and negative return on assets for four consecutive years.

Recently, The Reserve Bank of India (RBI) has decided to allow three public sector banks — Bank of India, Bank of Maharashtra and Oriental Bank of Commerce — to exit the PCA framework following capital infusion by the government and a decline in net non-performing asset ratio.

Pindari Glacier-Uttarakhand (Himalayas)

Ngozumpa Glacier-Nepal

Thwaites and Larsen are present in Antarctica

NASA scientists have discovered a gigantic cavity, almost 300 metres tall, growing at the bottom of the Thwaites Glacier in West Antarctica, indicating rapid decay of the ice sheet and acceleration in global sea levels due to climate change.

NSSO comes under The Ministry of Statistics and Programme Implementation..

NSSO :

acts as the nodal agency for planned development of the statistical system in the country, lays down and maintains norms and standards in the field of statistics, involving concepts and definitions, methodology of data collection, processing of data and dissemination of results

releases grants-in-aid to registered Non-Governmental Organizations and research institutions of repute for undertaking special studies or surveys, printing of statistical reports, and financing seminars, workshops and conferences relating to different subject areas of official statistics.

Statement 1 is correct

EWS reservation fulfil the economic justice mentioned in the preamble

Statement 2 is incorrect

In the Berubari Union case,1960, the Supreme Court stated that Preamble is not a part of the Constitution. But, in 1973, in the Kesavananda Bharati case, the Supreme Court held that Preamble is a part of the Indian Constitution.

Statement 3 is incorrect

Constitutional amendment with special majority is essential to amend the preamble.

Reang is a tribe from Tripura

Mogpa are prevalent in Arunachal Pradesh

Gond are the largest tribal group in the central India

Sahariya are tribes of Rajasthan, MP and Parts of Gujarat.

statement 1 is correct. Swadesh Darshan scheme is one among the flagship schemes of the Ministry of Tourism for development of thematic circuits in the country in a planned and prioritized manner. Under this scheme the Government is focusing on development of quality infrastructure in the country with objective of providing better experience and facilities to the visitors on one hand and on other hand fostering the economic growth. The scheme was launched in 2014 -15.

The 13 thematic circuits under the Swadesh Darshan scheme are North East India Circuit, Buddhist Circuit, Himalayan Circuit, Coastal Circuit, Krishna Circuit, Desert Circuit, Tribal Circuit, Eco Circuit, Rural Circuit, Spiritual Circuit, Ramayana Circuit, Heritage Circuit and Wildlife Circuit.

Statement 2 is incorrect. The first Tribal Circuit Project under Swadesh Darshan Scheme was inaugurated in Chhattisgarh.

the statements are incorrect.

The Human Space Flight Centre will implement the first development flight of Gaganyaan with the support of existing ISRO Centres. The Human Space Flight Centre would be responsible for end-to-end mission planning, development of engineering systems for crew survival in space, crew selection and training and also pursue activities for sustained human space flight missions.

Gaganyaan mission is India’s first crewed mission is set to happen by 2022, the 75th year of Independence. It was announced on August 15 2018.

Lithium-ion batteries are used in laptops, PDAs, cell phones and iPods. The progress in Li-ion battery technology research has made it the favourite power source for electric and hybrid electric vehicles owing to its high voltage, high energy density, long life cycle and high storage characteristics. Li-ion batteries find wide application in electronic gadgets, telecommunication and industrial applications as well as in aerospace.

They’re generally much lighter than other types of rechargeable batteries of the same size. The electrodes of a lithium-ion battery are made of lightweight lithium and carbon. Lithium is also a highly reactive element, meaning that a lot of energy can be stored in its atomic bonds.

Statement 1 is correct. PCA norms allow the regulator to place certain restrictions such as halting branch expansion and stopping dividend payment. It can even cap a bank’s lending limit to one entity or sector. Other corrective action that can be imposed on banks include special audit, restructuring operations and activation of recovery plan. Banks’ promoters can be asked to bring in new management, too. The RBI can also supersede the bank’s board, under PCA.