10 PM Current Affairs Quiz : March 10, 2018

Statement 1 is correct. The Udyam Sakhi Portal (www.udyamsakhi.org) has been launched for women entrepreneurs on the occasion of International Women’s Day.

Statement 2 is incorrect. Udyam Sakhi Portal has been launched by the the Ministry of Micro, Small and Medium Enterprises(MSME).

The portal is a network for nurturing entrepreneurship and creating business models for low cost products and services in order to empower women and make them self-reliant and self-sufficient.

Statement 1 is correct. The Competition Act, 2002 mentions that every proceeding before the Commission shall be deemed to be a judicial proceeding

within the meaning of sections 193 and 228 and for the purposes of section 196 of the Indian Penal Code (45 of 1860) and the Commission shall be deemed to be a civil court for the purposes of section 195 (2 of 1974) and Chapter XXVI of the Code of Criminal Procedure, 1973.

Statement 2 is correct. The Competition Commission of India established under sub-section(1) of section 7 of the  Competition Act, 2002.

The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, follows the philosophy of modern competition laws. The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and M&A), which causes or likely to cause an appreciable adverse effect on competition within India.

Statement 3 is incorrect. Competition Commission of India aims to establish a robust competitive environment through proactive engagement with all stakeholders, including consumers, industry, government and international jurisdictions.

Competition Commission of India aims to establish a robust competitive environment through:

Being a knowledge intensive organization with high competence level.

Professionalism, transparency, resolve and wisdom in enforcement.

General Agreement on Tariffs and Trade was a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas.

Diu has become the India’s first Union Territory (UT) to run 100% on solar power energy. With a geographical spread of only 42 kilometres, solar power plants have been installed over 50 acres in one of the least populated UTs in India.

All the statements are correct.

Carbon nanotubes (CNTs) have extraordinary thermal conductivity, mechanical, and electrical properties. Due to this characteristic, they find applications as additives to various structural materials. For instance, nanotubes form a tiny portion of the material in some (primarily carbon fiber) baseball bats, golf clubs, car parts or damascus steel.

Carbon nanotubes (CNTs) are allotropes of carbon with a cylindrical nanostructure. These cylindrical carbon molecules have unusual properties, which are valuable for nanotechnology, electronics, optics and other fields of materials science and technology.

Nanotubes are members of the fullerene structural family. Their name is derived from their long, hollow structure with the walls formed by one-atom-thick sheets of carbon, called graphene.

The Basel Committee on Banking Supervision is an international committee formed to develop standards for banking regulation; it is made up of central bankers from 27 countries and the European Union.

Scientists from Botanical Survey of India (BSI) have discovered a new species of parasitic flowering plant named Gleadovia konyakianorum.

The species was named in honour of Konyak tribe of Nagas. The plant was discovered in the semi-evergreen forest at an altitude of 1,500 -1,600 metres during an exploration near Tobu town of Mon district in eastern Nagaland. Parasitic plants are often referred to as curious plants, as they steal their nutritional needs from the host.

Gleadovia konyakianorum lacks chlorophyll and photosynthetic capacity. It differ from plants such as climbing vines, lianas, epiphytes, and aerophytes, which use other plants simply as a structure to grow rather than as a source of water or nutrients.