10 PM Current Affairs Quiz: November 12, 2020

Both statements are correct.
Water makes up about 71% of the Earth’s surface, while the other 29% consists of continents and islands.
About 96.5% of all the Earth’s water is contained within the oceans as salt water, while the remaining 3.5% is freshwater lakes and frozen water locked up in glaciers and the polar ice caps. Of that fresh water, 69% of it takes the form of ice.

Kiwi or Chinese gooseberry (Actinidia deliciosa) is grown widely in New Zealand, Italy, USA, China, Japan, Australia, France, Chile and Spain.
In India, it is mostly grown in the mid hills of Himachal Pradesh, Nagaland, J & K, Sikkim, Meghalaya and Arunachal Pradesh. India currently imports 4,000 tonnes of Kiwis.
Kiwi can be grown in areas experiencing 700-800 chilling hours (no. of hours during which temperature remains at or below 70 C during the winter season). The plant can be grown at 800-1500 m. above m.s.l. A rainfall of about 150 cm. /year is sufficient.
The plant does not withstand strong winds and frost during the growing period because of its vigorous vegetative growth, large leaves and viny habit. In summer, high temperature (> 350 C) and low humidity may cause scorching of leaves. Sun scald and heat stress are the main problems in its cultivation in lower areas.

Statement 1 is correct. Sulphur is essential in the structural and enzymatic components in plants. Sulphur is a key component of some essential amino acids and is needed for protein synthesis. Chlorophyll synthesis also requires S.
Sulphur is not readily translocated within plants, so all plants need a continuous supply of Sulphur from emergence to crop maturity.
Sulphur is part of an enzyme required for nitrogen uptake and lack of it can severely hamper nitrogen metabolism. Together with nitrogen, Sulphur enables the formations of amino acids needed for protein synthesis.
Statement 2 is correct. Soil organic matter is the primary source of plant-available SO4-S in surface soil.
High Sulphur deposition in soils contributes to their acidification. Soil bacteria change the sulfur to sulfuric acid, lowering the soil pH. Adverse effects of Sulphur contamination of soils are shown by the fall in pH, an increase of phytotoxic aluminium concentration.

Typhoon Vamco is currently an active Category 1-equivalent typhoon in northwest Pacific region around Philippines. Vamco originated as a tropical depression northwest of Palau, where it slowly continued its northwest track.
The storm was given the name Vamco by the Japanese Meteorological Agency, but is referred to as Ulysses in the Philippines

Statement 1 is incorrect. Acharya JB Kripalani was arrested in 1942 during the Quit India movement and released along with the other Congress leaders in 1945.
Statement 2 is correct. He was well-known as a Gandhian and a socialist. He became the Congress president in 1946 and resigned from his position in 1947, soon after Independence.
# In 1975, when Emergency was declared, Kripalani was among the first political leaders to be arrested.
# He earned the moniker ‘Acharya’ around 1922 when he was teaching at the Gujarat Vidyapith

The Union Cabinet chaired by the Prime Minister has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in the following 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports:
–Advance Chemistry Cell (ACC) Battery: NITI Aayog and Department of Heavy Industries
–Electronic/Technology Products: Ministry of Electronics and Information Technology
–Automobiles & Auto Components: Department of Heavy Industries
–Pharmaceuticals drugs: Department of Pharmaceuticals
–Telecom & Networking Products: Department of Telecom
–Textile Products, MMF segment and technical textiles: Ministry of Textiles
–Food Products: Ministry of Food Processing Industries
–High Efficiency Solar PV Modules: Ministry of New and Renewable Energy
–White Goods (ACs & LED): Department for Promotion of Industry and Internal Trade
–Speciality Steel: Ministry of Steel

Statement 1 is incorrect. International Financial Sevices Centres Authority (IFSCA) is a statutory unified regulatory body under the Department of Economic Affairs, Ministry of Finance.
Statement 2 is correct. The IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC) in India.
At present, the GIFT IFSC is the maiden international financial services centre in India. Prior to the establishment of IFSCA, the domestic financial regulators, namely, RBI, SEBI, PFRDA and IRDAI regulated the business in IFSC.
# The IFSC Authority has recently approved the International Financial Services Centres Authority (Banking) Regulations, 2020.

Both statements are correct.
Ministry of Food Processing Industries (MoFPI) had recently extended the Operation Greens Scheme from Tomato, Onion and Potato (TOP) to all fruits & vegetables (TOTAL) for a period of six months on pilot basis as part of Aatmanirbhar Bharat Abhiyan.
The objective of intervention is to protect the growers of fruits and vegetables from making distress sale due to lockdown and reduce the post – harvest losses.
Ministry provides subsidy at 50 % of the cost of the following two components:
–Transportation of eligible crops from surplus production cluster to consumption centre; and/or
–Hiring of appropriate storage facilities for eligible crops (for maximum period of 3 months).

The Nagorno-Karabakh enclave is internationally recognised as Azerbaijani but has been run by ethnic Armenians since 1994.
Armenia and Azerbaijan have signed an agreement to end military conflict over the disputed enclave of Nagorno-Karabakh following six weeks of fighting between Azerbaijan and ethnic Armenians.
The peace deal was signed by Russian President Vladimir Putin, Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan.
Under the deal, Azerbaijan will hold on to areas of Nagorno-Karabakh that it has taken during the conflict. Armenia has also agreed to withdraw from several other adjacent areas over the next few weeks.

Capital goods are physical assets that a company uses in the production process to manufacture products and services that consumers will later use. Capital goods include buildings, machinery, equipment, vehicles, and tools. Capital goods are not finished goods instead; they are used to make finished goods.
Capital goods are one of the four factors of production. The other three are: Natural resources, such as land, oil, and water; Labor, such as workers; and Entrepreneurship.