10 PM Current Affairs Quiz: May 30, 2020

Quadrilateral Security Dialogue or Quad is an informal strategic dialogue between the United States, Japan, Australia and India.

India and Australia both are members of the G-20 as well as the Indian Ocean Rim Association (IORA).

The membership of East Asia Summit consists of ten ASEAN Member States, Australia, China, India, Japan, New Zealand, Republic of Korea, Russian Federation and the USA.

Statement 1 is incorrect. India has 15,106.7 Km of land border and a coastline of 7,516.6 Km including island territories. India shares its longest land border with Bangladesh (4096.7 Km).

Statement 2 is incorrect. Jammu and Kashmir is not a state and neither does it share border with China. Ladakh UT in west and Arunachal Pradesh state in east are corners of India’s border with China.

Statement 1 is incorrect. National Career Service is one of the mission mode projects under the umbrella of E-Governance Plan; it is implemented by the Ministry of Labour and Employment.

It brings together all stakeholders like job seekers, employers, counselors, trainers and private placement agencies to facilitate convergence.

Statement 2 is correct. Its services can be availed through NCS portal, NCS Career Centers, Common service centers and post offices.

Statement 3 is correct. National Career Service (NCS) portal has started offering free online “Career Skills Training” in partnership with TCS ION for its registered job-seekers. The course is on soft skills, it assists the learners in enhancing personality development with modules on corporate etiquette, improving interpersonal skills, making impactful presentation including other necessary soft skills demanded by the industry today.

Statement 1 is correct. The GDP deflator, also known as the implicit price deflator, measures the changes in prices for all of the goods and services produced in an economy. It is the ratio of the value of goods and services an economy produces in a particular year at current prices to that of prices that prevailed during the base year.

GDP price deflator % = (nominal GDP ÷ real GDP) x 100

Statement 2 is incorrect. Real GDP takes into consideration adjustments for changes in inflation. This means that if inflation is positive real GDP will be lower than nominal and vice versa.

An economy going through deflation will affect the Real GDP as by adjusting for deflation, the Real GDP will be higher than the Nominal GDP because prices go down during deflation.

Statement 1 is incorrect. Wari is an annual pilgrimage to the town of Pandharpur, Maharashtra which is the seat of Hindu God Vithoba, in honor of the deity.

Statement 2 is correct. Warkari means one who performs the Wari. Notable Warkaris include Dnyaneshwar, Namdev, Chokhamela, Eknath, and Tukaram. Palakhis (palanquin) carrying the ‘paduka’ of the deity and various saints are taken from their respective shrines to Pandharpur.

All of the above are provided by the article 21 of Indian constitution.

Article 21 states “No person shall be deprived of his life or personal liberty except according to a procedure established by law.”

It provides two explicit rights, i.e. life and personal liberty while providing an explicit exception to the lawful procedure.

In Maneka Gandhi v Union of India, 1978; the Supreme Court stated that the procedure prescribed by law for depriving a person of life and personal liberty must be “right, just and fair” and not “arbitrary, fanciful and oppressive,”.

The COVID-19 Technology Access Pool (C-TAP) is an initiative launched by the World Health Organisation (WHO). It was first proposed by Costa Rica.

It will compile, in one place, pledges of commitment made under the Solidarity Call to Action to voluntarily share COVID-19 health technology related knowledge, intellectual property and data. The Pool will draw on relevant data from existing mechanisms, such as the Medicines Patent Pool and the UN Technology Bank-hosted Technology Access Partnership.

Both statements are incorrect.

Financial Stability and Development Council (FSDC) is a non-statutory apex level body setup in 2010 with an aim to strengthen and institutionalize the mechanism for maintaining financial stability, enhancing inter-regulatory coordination and promoting financial sector development

Raghuram Rajan Committee on Financial Sector Reforms (2008) had recommended creation of such super regulatory body.

It is chaired by the Union Finance minister and its members include: a) Heads of Financial Sector Regulators (RBI, SEBI, PFRDA & IRDA) b) Secretaries of various Departments c) Chief Economic Adviser d) Minister of state responsible for the Department of Economic Affairs (DEA) e) Chairperson of the Insolvency and Bankruptcy Board of India (IBBI) among others.

Both statements are correct.

National Payment Corporation of India (NPCI) has launched an artificial intelligence (AI) based chatbot named PAi.

PAi is available for helping users with access to accurate information on NPCI products like FASTag, UPI, AEPS etc. Customers can ask their queries in English and Hindi, via text or voice on the websites of NPCI, RuPay, and UPI Chalega.

Statement 1 is correct. Section 7-B of the Industrial Disputes Act, 1947 provides for National Industrial Tribunals, it states that the Central Government may, by notification, constitute one or more National Industrial Tribunals for the adjudication of industrial disputes which involve questions of national importance or are of such a nature that industrial establishments situated in more than one State are likely to be affected by such disputes.

Statement 2 is correct. The ‘workmen’ under the act does not include people subject to the Air Force Act, Army Act, Navy Act, or one who is employed in the police service or as an officer or other employee of a prison; or one who is employed mainly in a managerial or administrative capacity.