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Quiz: Daily Quiz: October 14th,2020
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- Question 1 of 10
1. Question
1 pointsCategory: current affairsWho among the following has been awarded the Sveriges Riksbank Prize in Economic Sciences 2020?
Correct
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2020 (generally regarded as the Nobel award for Economics) has been awarded jointly to Paul R. Milgrom and Robert B. Wilson “for improvements to auction theory and inventions of new auction formats.”
The Sveriges Riksbank Prize 2019: Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty”
The Sveriges Riksbank Prize 2018: William D. Nordhaus “for integrating climate change into long-run macroeconomic analysis” and Paul M. Romer “for integrating technological innovations into long-run macroeconomic analysis”
The Sveriges Riksbank Prize 2017: Richard H. Thaler “for his contributions to behavioural economics”Incorrect
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2020 (generally regarded as the Nobel award for Economics) has been awarded jointly to Paul R. Milgrom and Robert B. Wilson “for improvements to auction theory and inventions of new auction formats.”
The Sveriges Riksbank Prize 2019: Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty”
The Sveriges Riksbank Prize 2018: William D. Nordhaus “for integrating climate change into long-run macroeconomic analysis” and Paul M. Romer “for integrating technological innovations into long-run macroeconomic analysis”
The Sveriges Riksbank Prize 2017: Richard H. Thaler “for his contributions to behavioural economics” - Question 2 of 10
2. Question
1 pointsCategory: current affairsWhich of the following is/are related to the Israel-Palestine dispute resolution?
1. Oslo Accords
2. Arab Peace Initiative
Select the correct answer using the code given below:Correct
Option 1 is correct. Oslo Accords are series of agreements between Israel and the PLO, starting 1993 Declaration of Principles on Palestinian Self-Rule. The Oslo Accords marked the first time Israel and the Palestine Liberation Organisation (PLO) formally recognised one another.
Option 2 is correct. The Arab Peace Initiative, endorsed by the Arab League’s 22 members during the March 2002 Beirut summit, outlined comprehensive steps to ending the Palestinian-Israeli conflict.
Arab leaders collectively offered Israel recognition of its right to exist and a normalisation of diplomatic ties in exchange for its complete withdrawal from Arab lands captured since 1967.Incorrect
Option 1 is correct. Oslo Accords are series of agreements between Israel and the PLO, starting 1993 Declaration of Principles on Palestinian Self-Rule. The Oslo Accords marked the first time Israel and the Palestine Liberation Organisation (PLO) formally recognised one another.
Option 2 is correct. The Arab Peace Initiative, endorsed by the Arab League’s 22 members during the March 2002 Beirut summit, outlined comprehensive steps to ending the Palestinian-Israeli conflict.
Arab leaders collectively offered Israel recognition of its right to exist and a normalisation of diplomatic ties in exchange for its complete withdrawal from Arab lands captured since 1967. - Question 3 of 10
3. Question
1 pointsCategory: current affairsConsider the following statements regarding the Right to Information Act:
1. The Chief Information Commissioner (CIC) shall hold office for four years.
2. The salary and allowances of the CIC is to be equivalent to the salary paid to the Chief Election Commissioner.
Which of the statements given above is/are correct?Correct
Both statements are incorrect.
The provisions for term and salary of CIC/ICs were changed by a RTI Amendment Act in 2019.
Now, the act states that the salaries, allowances, and other terms and conditions of service of the central and state CIC and ICs will be determined by the central government, further the central government will notify the term of office for the CIC and the ICs.Incorrect
Both statements are incorrect.
The provisions for term and salary of CIC/ICs were changed by a RTI Amendment Act in 2019.
Now, the act states that the salaries, allowances, and other terms and conditions of service of the central and state CIC and ICs will be determined by the central government, further the central government will notify the term of office for the CIC and the ICs. - Question 4 of 10
4. Question
1 pointsCategory: current affairsWhich of the following country(s) is/are members of the Collective Security Treaty Organization (CSTO)?
1. Iran
2. Russia
3. Pakistan
Select the correct answer using the code given below:Correct
The Collective Security Treaty was signed by Armenia, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan on May 15, 1992. Current CSTO members are Armenia, Belarus, Kazakhstan, Kyrgyzstan, the Russian Federation and Tajikistan.
It is a Russia-led military alliance of seven former Soviet states that was created in 2002. The CSTO’s purpose is to ensure the collective defence of any member that faces external aggression. It is described by political scientists as the Eurasian counterpart of NATO.Incorrect
The Collective Security Treaty was signed by Armenia, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan on May 15, 1992. Current CSTO members are Armenia, Belarus, Kazakhstan, Kyrgyzstan, the Russian Federation and Tajikistan.
It is a Russia-led military alliance of seven former Soviet states that was created in 2002. The CSTO’s purpose is to ensure the collective defence of any member that faces external aggression. It is described by political scientists as the Eurasian counterpart of NATO. - Question 5 of 10
5. Question
1 pointsCategory: current affairsWhich of the following institution has released the Commitment to Reducing Inequality (CRI) Index 2020?
Correct
2020 CRI Index: Fighting Inequality in the Time of Covid-19 has been recently released by the Oxfam. The CRI Index database is updated annually by Development Finance International (DFI) and Oxfam.
Only one in six countries assessed for the CRI Index 2020 were spending enough on health, only a third of the global workforce had adequate social protection, and in more than 100 countries at least one in three workers had no labour protection such as sick pay.Incorrect
2020 CRI Index: Fighting Inequality in the Time of Covid-19 has been recently released by the Oxfam. The CRI Index database is updated annually by Development Finance International (DFI) and Oxfam.
Only one in six countries assessed for the CRI Index 2020 were spending enough on health, only a third of the global workforce had adequate social protection, and in more than 100 countries at least one in three workers had no labour protection such as sick pay. - Question 6 of 10
6. Question
1 pointsCategory: current affairsConsider the following statements regarding the Rashtriya Kamdhenu Aayog:
1. It is a statutory body under the Ministry of Agriculture and Farmers’ welfare.
2. Its mandate includes genetic upgradation of indigenous breeds of cows.
Which of the statements given above is/are correct?Correct
Statement 1 is incorrect. Government has constituted Rashtriya Kamdhenu Aayog by a resolution in February, 2019 under Ministry of Fisheries, Animal Husbandry and Dairying.
Statement 2 is correct. The Aayog is a high-powered permanent apex advisory body with mandate to help the Central Government to develop appropriate programmes for conservation, sustainable development and genetic upgradation of Indigenous breeds of cows.
The Aayog is to review existing laws, policies as well as suggest measures for optimum economic utilization of cow wealth for enhanced production and productivity, leading to higher farm income and better quality of life for the dairy farmers.
It also aims at transmission and application of improved technology and management practices at the farmers’ doorstep through coordination with dairy cooperatives, farmer producer companies and dairy industry as well as research institutions.
# Recently, Gausatva Kavach, a chip made of cow dung manufactured by Rajkot-based Shrijee Gaushala, was unveiled by Rashtriya Kamdhenu Aayog (RKA) chairman and claimed that it reduces radiation from mobile handsets and it will be a safeguard against diseases.Incorrect
Statement 1 is incorrect. Government has constituted Rashtriya Kamdhenu Aayog by a resolution in February, 2019 under Ministry of Fisheries, Animal Husbandry and Dairying.
Statement 2 is correct. The Aayog is a high-powered permanent apex advisory body with mandate to help the Central Government to develop appropriate programmes for conservation, sustainable development and genetic upgradation of Indigenous breeds of cows.
The Aayog is to review existing laws, policies as well as suggest measures for optimum economic utilization of cow wealth for enhanced production and productivity, leading to higher farm income and better quality of life for the dairy farmers.
It also aims at transmission and application of improved technology and management practices at the farmers’ doorstep through coordination with dairy cooperatives, farmer producer companies and dairy industry as well as research institutions.
# Recently, Gausatva Kavach, a chip made of cow dung manufactured by Rajkot-based Shrijee Gaushala, was unveiled by Rashtriya Kamdhenu Aayog (RKA) chairman and claimed that it reduces radiation from mobile handsets and it will be a safeguard against diseases. - Question 7 of 10
7. Question
1 pointsCategory: current affairsThe INAI is an India specific applied AI research centre initiative of which of the following institution/company?
Correct
Intel India is collaborating with the Government of Telangana, International Institute of Information Technology, Hyderabad (IIIT-H) and Public Health Foundation of India (PHFI) to launch INAI, an applied artificial intelligence research centre in Hyderabad.
INAI initiative applies AI to population-scale problems in the Indian context, with a focus on identifying and solving challenges in the healthcare and smart mobility segments through strong ecosystem collaboration.
The U.S. accounts for 16% of the global AI talent, followed by China (9%) and India (8%). [The Hindu]Incorrect
Intel India is collaborating with the Government of Telangana, International Institute of Information Technology, Hyderabad (IIIT-H) and Public Health Foundation of India (PHFI) to launch INAI, an applied artificial intelligence research centre in Hyderabad.
INAI initiative applies AI to population-scale problems in the Indian context, with a focus on identifying and solving challenges in the healthcare and smart mobility segments through strong ecosystem collaboration.
The U.S. accounts for 16% of the global AI talent, followed by China (9%) and India (8%). [The Hindu] - Question 8 of 10
8. Question
1 pointsCategory: current affairsWhat is the purpose of the MOSAiC Expedition?
Correct
The goal of the MOSAiC expedition is to take the closest look ever at the Arctic as the epicenter of global warming and to gain fundamental insights that are key to better understand global climate change. Hundreds of researchers from 20 countries are involved in this exceptional endeavour.
The MOSAiC is spearheaded by Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI), Germany.
# The ship Polarstern recently docked at its home port of Bremerhaven nearly 13 months after it left Norway.Incorrect
The goal of the MOSAiC expedition is to take the closest look ever at the Arctic as the epicenter of global warming and to gain fundamental insights that are key to better understand global climate change. Hundreds of researchers from 20 countries are involved in this exceptional endeavour.
The MOSAiC is spearheaded by Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI), Germany.
# The ship Polarstern recently docked at its home port of Bremerhaven nearly 13 months after it left Norway. - Question 9 of 10
9. Question
1 pointsCategory: current affairsConsider the following statements regarding the Financial Action Task Force (FATF):
1. It identifies jurisdictions with weak measures to combat money laundering and terrorist financing as High-Risk Jurisdictions subject to a Call for Action.
2. It publishes a list of countries that are considered low tax jurisdiction or tax shelters.
Which of the statements given above is/are correct?Correct
Statement 1 is correct. The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog.
The FATF identifies jurisdictions with weak measures to combat money laundering and terrorist financing (AML/CFT) in two FATF public documents that are issued three times a year: “High-Risk Jurisdictions subject to a Call for Action” also known as ‘black list’ and “Jurisdictions under Increased Monitoring” also known as ‘grey list’.
Statement 2 is incorrect. The FATF does not address at all issues related to low tax jurisdiction or tax competition. The FATF mandate focuses only on the fight against laundering of proceeds of crimes and the financing of terrorism.Incorrect
Statement 1 is correct. The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog.
The FATF identifies jurisdictions with weak measures to combat money laundering and terrorist financing (AML/CFT) in two FATF public documents that are issued three times a year: “High-Risk Jurisdictions subject to a Call for Action” also known as ‘black list’ and “Jurisdictions under Increased Monitoring” also known as ‘grey list’.
Statement 2 is incorrect. The FATF does not address at all issues related to low tax jurisdiction or tax competition. The FATF mandate focuses only on the fight against laundering of proceeds of crimes and the financing of terrorism. - Question 10 of 10
10. Question
1 pointsCategory: current affairsWhich of the following institution has released the ‘Human Cost of Disasters 2000-2019′ report?
Correct
UN Office for Disaster Risk Reduction has published “The Human Cost of Disasters 2000-2019” report to mark the International Day for Disaster Risk Reduction on October 13, 2020.
In the period 2000 to 2019, there were 7,348 major recorded disaster events claiming 1.23 million lives, affecting 4.2 billion people (many on more than one occasion) resulting in approximately US$2.97 trillion in global economic losses.
There has also been a rise in geo-physical events including earthquakes and tsunamis which have killed more people than any of the other natural hazards under review in this report.Incorrect
UN Office for Disaster Risk Reduction has published “The Human Cost of Disasters 2000-2019” report to mark the International Day for Disaster Risk Reduction on October 13, 2020.
In the period 2000 to 2019, there were 7,348 major recorded disaster events claiming 1.23 million lives, affecting 4.2 billion people (many on more than one occasion) resulting in approximately US$2.97 trillion in global economic losses.
There has also been a rise in geo-physical events including earthquakes and tsunamis which have killed more people than any of the other natural hazards under review in this report.
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