10 PM Current Affairs Quiz : March 12, 2018

Statement 1 is correct. The Green Climate Fund (GCF) is a new global fund created to support the efforts of developing countries to respond to the challenge of climate change. GCF helps developing countries limit or reduce their greenhouse gas (GHG) emissions and adapt to climate change. It seeks to promote a paradigm shift to low-emission and climate-resilient development, taking into account the needs of nations that are particularly vulnerable to climate change impacts.

Statement 2 is correct. The Green Climate Fund (GCF) was set up by the 194 countries who are parties to the United Nations Framework Convention on Climate Change (UNFCCC) in 2010, as part of the Convention’s financial mechanism. It aims to deliver equal amounts of funding to mitigation and adaptation, while being guided by the Convention’s principles and provisions.

G8 stands for Group of Eight and is made up of leaders from Canada, France, Germany, Italy, Japan, Russia, the UK and the United States of America.

TPP11 does not include Laos. TPP11 includes Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Statement 1 is incorrect.  IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987. It works under the Ministry of New and Renewable Energy (MNRE).

Statement 2 is correct. Indian Renewable Energy Development Agency Ltd is  engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation with the motto: “ENERGY FOR EVER”.

World Economic Forum published the Global Gender Gap Report. It was first published in 2006.

The Global Gender Gap Index is an index designed to measure gender equality. The report’s Gender Gap Index ranks countries according to calculated gender gap between women and men in four key areas: health, education, economy, and politics to gauge the state of gender equality in a country.

The MILES-18, first-ever multi-nation naval exercise at sea was held at the Andaman Sea. The three days exercise was conducted as part of the 10th edition of MILAN 2018.

11 naval ships of 8 countries (Australia, Bangladesh, Indonesia, Malaysia, Myanmar, Singapore, Sri Lanka and Thailand) and nine Indian ships had participated in MILES-18. It was aimed to enhance inter-operability between participating countries. It also had enabled honing of search and rescue operations procedures, maritime interdiction operations, core operational skills and exercise and variety of maritime security scenarios.

Statement 1 is incorrect. While the Constitution does not have any provision for categorisation of any state as a Special Category Status (SCS) State, but considering the fact that some areas in India are historically disadvantaged as compared to others, the Centre has assisted states with funds in the past allocated by the former Planning Commission body called the National Development Council (NDC).

Statement 2 is correct. In the past, the NDC considered factors such as difficult and hilly terrain, low population density and/or a sizeable share of tribal population, strategic location along borders, economic and infrastructural backwardness, and non-viable nature of state finances.