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10 PM Quiz: May 24, 2020
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- Question 1 of 10
1. Question
1 pointsConsider the following statements regarding Storm Surge:
- It refers to an elevation of seawater level during a storm or cyclone.
- In cyclones formed over Bay of Bengal surge is largest in the right-forward part of the storm.
Which of the statements given above is/are correct?
Correct
Statement 1 is correct. Storm surge is the abnormal rise in seawater level during a storm, measured as the height of the water above the normal predicted astronomical tide. The surge is caused primarily by a storm’s winds pushing water onshore.
Statement 2 is correct. The rotation of the Earth causes winds to move toward the right in the Northern Hemisphere and toward the left in the Southern Hemisphere (Coriolis effect). If a cyclone develops in the Northern Hemisphere like that in Bay of Bengal, the surge will be largest in the right-forward part of the storm while in the Southern Hemisphere, the surge will be largest in the left-forward part of the cyclone.
Incorrect
Statement 1 is correct. Storm surge is the abnormal rise in seawater level during a storm, measured as the height of the water above the normal predicted astronomical tide. The surge is caused primarily by a storm’s winds pushing water onshore.
Statement 2 is correct. The rotation of the Earth causes winds to move toward the right in the Northern Hemisphere and toward the left in the Southern Hemisphere (Coriolis effect). If a cyclone develops in the Northern Hemisphere like that in Bay of Bengal, the surge will be largest in the right-forward part of the storm while in the Southern Hemisphere, the surge will be largest in the left-forward part of the cyclone.
- Question 2 of 10
2. Question
1 pointsConsider the following statements regarding expansionary fiscal policy:
- It is aimed at increasing demand in the economy.
- Increased government spending by increasing tax rates is a tool of such policy.
Which of the statements given above is/are correct?
Correct
Statement 1 is correct. The objective of expansionary policy is to spur the aggregate demand in the economy. It is based on the ideas of Keynesian economics, the idea that the main cause of recessions is a deficiency in aggregate demand.
Statement 2 is incorrect. The motive is that by putting more money into the hands of consumers, the government can stimulate economic activity during times of economic contraction. Therefore, the government spends more and reduces the tax burden on taxpayers. Reduced tax burden provides incentive to spend/consume more and it further increases the demand.
Incorrect
Statement 1 is correct. The objective of expansionary policy is to spur the aggregate demand in the economy. It is based on the ideas of Keynesian economics, the idea that the main cause of recessions is a deficiency in aggregate demand.
Statement 2 is incorrect. The motive is that by putting more money into the hands of consumers, the government can stimulate economic activity during times of economic contraction. Therefore, the government spends more and reduces the tax burden on taxpayers. Reduced tax burden provides incentive to spend/consume more and it further increases the demand.
- Question 3 of 10
3. Question
1 pointsWhich of the following country has authorized change of its official currency to ‘Toman’?
Correct
Iranian Parliament recently authorized the replacement of the Rial with another basic unit of currency called the Toman. The Rial unit of currency has lost much of its value against the dollar due to sanctions and COVID-19, it will be replaced by the Toman, and each Toman will be worth 10,000 Rials under the new system.
Incorrect
Iranian Parliament recently authorized the replacement of the Rial with another basic unit of currency called the Toman. The Rial unit of currency has lost much of its value against the dollar due to sanctions and COVID-19, it will be replaced by the Toman, and each Toman will be worth 10,000 Rials under the new system.
- Question 4 of 10
4. Question
1 pointsConsider the following statements regarding Goldman Environmental Prize:
- It is awarded by the Royal Swedish Academy of Sciences.
- No Indian has ever won the Goldman Environmental Prize.
Which of the statements given above is/are correct?
Correct
Statement 1 is incorrect. The Goldman Environmental Prize is a prize awarded annually by the Goldman Environmental Foundation to grassroots environmental activists, one from each of the world’s six geographic regions: Africa, Asia, Europe, Islands and Island Nations, North America, and South and Central America.
Statement 2 is incorrect. Prafulla Samantara was awarded in 2017 for his social cause activism and villager mobilization against coal mining. Before him Ramesh Agrawal, Rashida Bee and Champa Devi Shukla, M.C. Mehta and Medha Patkar have won this award also known as Green Nobel.
Incorrect
Statement 1 is incorrect. The Goldman Environmental Prize is a prize awarded annually by the Goldman Environmental Foundation to grassroots environmental activists, one from each of the world’s six geographic regions: Africa, Asia, Europe, Islands and Island Nations, North America, and South and Central America.
Statement 2 is incorrect. Prafulla Samantara was awarded in 2017 for his social cause activism and villager mobilization against coal mining. Before him Ramesh Agrawal, Rashida Bee and Champa Devi Shukla, M.C. Mehta and Medha Patkar have won this award also known as Green Nobel.
- Question 5 of 10
5. Question
1 pointsConsider the following statements regarding project Arth-Ganga:
- It is an economic reform project to streamline the Labour Policy in India.
- It aims to involve local community with a focus on economic activities.
Which of the statements given above is/are correct?
Correct
Statement 1 is incorrect. Project Arth Ganga is aimed towards developing economic projects on banks of River Ganga.
Statement 2 is correct. The Jal Marg Vikas Project (JMVP) aimed to develop river Ganges as a safe mode of navigation and is being implemented with the technical and financial assistance of the World Bank. ‘Project Arth Ganga’ envisages to re-engineer the JMVP by involving the local community with a focus on economic activities in and around the Ganga river.
Incorrect
Statement 1 is incorrect. Project Arth Ganga is aimed towards developing economic projects on banks of River Ganga.
Statement 2 is correct. The Jal Marg Vikas Project (JMVP) aimed to develop river Ganges as a safe mode of navigation and is being implemented with the technical and financial assistance of the World Bank. ‘Project Arth Ganga’ envisages to re-engineer the JMVP by involving the local community with a focus on economic activities in and around the Ganga river.
- Question 6 of 10
6. Question
1 pointsThe Global Forest Resources Assessments has been released by:
Correct
The Global Forest Resources Assessment 2020 (FRA 2020) has been released by the United Nations Food and Agriculture Organization (FAO). FRA 2020 examines the status of, and trends in, more than 60 forest-related variables in 236 countries and territories in the period 1990–2020.
It observes that while forest area has declined all across the world in the past three decades, the rate of forest loss has declined due to the growth of sustainable management.
The world lost 178 million hectares (mha) of forest since 1990, an area the size of Libya, according to the report.
Among the world’s regions, Africa had the largest annual rate of net forest loss in 2010–2020, at 3.9 mha, followed by South America, at 2.6 mha.
The world’s total forest area was 4.06 billion hectares (bha), which was 31 per cent of the total land area. This area was equivalent to 0.52 ha per person, the report noted.
Incorrect
The Global Forest Resources Assessment 2020 (FRA 2020) has been released by the United Nations Food and Agriculture Organization (FAO). FRA 2020 examines the status of, and trends in, more than 60 forest-related variables in 236 countries and territories in the period 1990–2020.
It observes that while forest area has declined all across the world in the past three decades, the rate of forest loss has declined due to the growth of sustainable management.
The world lost 178 million hectares (mha) of forest since 1990, an area the size of Libya, according to the report.
Among the world’s regions, Africa had the largest annual rate of net forest loss in 2010–2020, at 3.9 mha, followed by South America, at 2.6 mha.
The world’s total forest area was 4.06 billion hectares (bha), which was 31 per cent of the total land area. This area was equivalent to 0.52 ha per person, the report noted.
- Question 7 of 10
7. Question
1 pointsConsider the following statements regarding India Accounting Standards (IndAS):
- These are aimed to make reporting by Indian companies more globally accessible.
- These are issued by Ministry of Commerce.
Which of the statements given above is/are correct?
Correct
Statement 1 is correct. IndAS stands for Indian Accounting Standard and are harmonized with standards for IFRS (International Financial Reporting Standards) to ensure that Indian companies more globally accessible.
Statement 2 is incorrect. The Ministry of Corporate Affairs (MCA), in 2015 and in subsequent amendments, has notified the Companies (Indian Accounting Standards (IND AS) Rules, which stipulated the adoption and applicability of IND AS in a phased manner.
Incorrect
Statement 1 is correct. IndAS stands for Indian Accounting Standard and are harmonized with standards for IFRS (International Financial Reporting Standards) to ensure that Indian companies more globally accessible.
Statement 2 is incorrect. The Ministry of Corporate Affairs (MCA), in 2015 and in subsequent amendments, has notified the Companies (Indian Accounting Standards (IND AS) Rules, which stipulated the adoption and applicability of IND AS in a phased manner.
- Question 8 of 10
8. Question
1 pointsConsider the following statements regarding Thanjavur Netti Works:
- It is made from pith obtained from a hydrophyte plant.
- It has been recognized as a Geographical Indication (GI).
Which of the statements given above is/are correct?
Correct
Both statements are correct.
Thanjavur Netti works is made from pith obtained from a plant – Aeschynomene aspera (netti), it is a hydrophyte plant found abundantly in lakes and marshy lands surrounding Thanjavur and Mannargudi region in Tamil Nadu. The pith work models are delicate to handle and are usually preserved inside glass boxes.
It has been recognized as a Geographical Indication, its artisans are uniquely skilled in this craft and this art has been traditionally transferred from their forefathers.
Hydrophyte plant: a plant that grows partly or wholly in water.
Incorrect
Both statements are correct.
Thanjavur Netti works is made from pith obtained from a plant – Aeschynomene aspera (netti), it is a hydrophyte plant found abundantly in lakes and marshy lands surrounding Thanjavur and Mannargudi region in Tamil Nadu. The pith work models are delicate to handle and are usually preserved inside glass boxes.
It has been recognized as a Geographical Indication, its artisans are uniquely skilled in this craft and this art has been traditionally transferred from their forefathers.
Hydrophyte plant: a plant that grows partly or wholly in water.
- Question 9 of 10
9. Question
1 pointsConsider the following statements regarding Konark Sun Temple:
- It was built by Krishnadevaraya of Tuluva dynasty.
- It is a UNESCO World Heritage site.
Which of the statements given above is/are correct?
Correct
Statement 1 is incorrect. It was built in the 13th century during the reign of King Narasimhadeva I (AD 1238-1264) of the Eastern Ganga Dynasty and is located near the sacred city of Puri, Odisha.
Statement 2 is correct. It was given the status of a World Heritage Site in 1984 by UNESCO.
Sun Temple comprises several distinct and well-organized spatial units. The vimana (principal sanctuary) was surmounted by a high tower with a shikhara (crowning cap), which was razed in the 19th century. To the east, the jahamogana (audience hall) dominates the ruins with its pyramidal mass. Farther to the east, the natmandir (dance hall), today unroofed, rises on a high platform.
Incorrect
Statement 1 is incorrect. It was built in the 13th century during the reign of King Narasimhadeva I (AD 1238-1264) of the Eastern Ganga Dynasty and is located near the sacred city of Puri, Odisha.
Statement 2 is correct. It was given the status of a World Heritage Site in 1984 by UNESCO.
Sun Temple comprises several distinct and well-organized spatial units. The vimana (principal sanctuary) was surmounted by a high tower with a shikhara (crowning cap), which was razed in the 19th century. To the east, the jahamogana (audience hall) dominates the ruins with its pyramidal mass. Farther to the east, the natmandir (dance hall), today unroofed, rises on a high platform.
- Question 10 of 10
10. Question
1 pointsWhich of the following are correctly matched?
- Dhaka glacier – Sikkim
- Pindari glacier – Uttarakhand
- Satopanth glacier – Himachal Pradesh
Select the correct answer using the code given below:
Correct
Option 1 is incorrect. The Sutri Dhaka glacier is located in the Chandra valley of Lahaul and Spiti district of Himachal Pradesh.
Option 2 is correct. The Pindari Glacier is in the upper reaches of the Kumaon Himalayas, Uttarakhand. It gives rise to the Pindar River which meets the Alakananda at Karnaprayag.
Option 3 is incorrect. Satopanth glacier lies on the northwest side of Nilkantha, a major peak of the Garhwal Himalayas in Uttarakhand. Bhagirathi Kharak glacier and Satopanth glacier feed the Alaknanda River.
Incorrect
Option 1 is incorrect. The Sutri Dhaka glacier is located in the Chandra valley of Lahaul and Spiti district of Himachal Pradesh.
Option 2 is correct. The Pindari Glacier is in the upper reaches of the Kumaon Himalayas, Uttarakhand. It gives rise to the Pindar River which meets the Alakananda at Karnaprayag.
Option 3 is incorrect. Satopanth glacier lies on the northwest side of Nilkantha, a major peak of the Garhwal Himalayas in Uttarakhand. Bhagirathi Kharak glacier and Satopanth glacier feed the Alaknanda River.
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