10 PM Current Affairs Quiz : October 21

Statement 1 is correct. So far, most of the small savings schemes were sold through post offices. The move is expected to encourage savings and lead to a higher mobilizations of funds as more number of outlets start offering the small savings schemes.

Statement 2 is correct.  Financial Inclusion, broadly defined, refers to universal access to a wide range of financial services at a reasonable cost. These include not only banking products but also other financial services such as insurance and equity products (The Committee on Financial Sector Reforms, Chairman: Dr.Raghuram G. Rajan).

Financial inclusion broadens the resource base of the financial system by developing a culture of savings among large segment of rural population and plays its own role in the process of economic development.

Further, by bringing low income groups within the perimeter of formal banking sector; financial inclusion protects their financial wealth and other resources in exigent circumstances. Financial inclusion also mitigates the exploitation of vulnerable sections by the usurious money lenders by facilitating easy access to formal credit

Statement 1 is correct.  The Government of India launched the National Electric Mobility Mission Plan (NEMMP) 2020 in 2013. It aims to achieve national fuel security by promoting hybrid and electric vehicles in the country. There is an ambitious target to achieve 6-7 million sales of hybrid and electric vehicles year on year from 2020 onwards. The Government has launched the scheme namely Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME India) under NEMMP 2020 in the Union Budget for 2015-16 with an initial outlay of Rs. 75 Cr. The scheme will provide a major push for early adoption and market creation of both hybrid and electric technologies vehicles in the country.

Statement 2 is correct. The FAME India scheme was launched in 2015 under National Electric Mobility Mission Plan (NEMMP) with an aim to promote eco-friendly vehicles in the country. It is being administered by the Heavy Industries Ministry. It will provide demand incentives to electric and hybrid vehicles from two-wheeler to buses.

The Mumbai to Ahmedabad High Speed Rail project will be based on the Shinkansen super speed trains in Japan. The network will run 508 km between Mumbai and Ahmedabad

The Mumbai to Ahmedabad high Speed Rail project will be based on the Shinkansen super speed trains in Japan.

Statement 1 is correct.  It is the world’s central intergovernmental forum for scientific and technical co-operation in the nuclear field.

Statement 2 is incorrect. The IAEA’s headquarter is located in Vienna.

Statement 3 is correct. The IAEA and its former Director General,Mohamed El Baradei, were jointly awarded the  Nobel Peace Prize on 7 October 2005.

Kanger Ghati National Park (also called Kanger Valley National Park) was declared a national park in 1982 by the Government of India. It is located in Chhattisgarh.

It was in the news due to the discovery of the newest addition to India’s lizard species ‘gecko’.

Statement 1 is correct. National Green Tribunal is a statutory body established by a Government Notification using the powers of Section 3 of the NGT Act 2010. It has replaced National Environment Appellate Authority.

Statement 2 is correct. The National Green Tribunal has jurisdiction over all civil cases where a substantial question relating to environment (including enforcement of any legal right relating to environment), is involved and such question arises out of the implementation of the enactments specified in Schedule I of the National Green Tribunal Act 2010. The acts listed in Schedule 1 are:

• The Water (Prevention and Control of Pollution) Act, 1974;
• The Water (Prevention and Control o[Pollution) Cess Act, 1977;
• The Forest (Conservation) Act,
• The Air (Prevention and Control of Pollution) Act, 1981;
• The Environment (Protection) Act, 1986;
• The Public Liability Insurance Act, 1991;
• The Biological Diversity Act, 2002.

Both the statements are correct. Hence, the answer is d.

The Atal Mission for Rejuvenation and Urban Transformation (AMRUT) was launched in June 2015 with the focus of the urban renewal projects is to establish infrastructure that could ensure adequate robust sewage networks and water supply for urban transformation.

The scheme is dependent with public private partnership model (PPP) model. If required, various other schemes like Swachh Bharat Mission, Housing for All 2022, along with the local, state schemes like that related to water supply and sewerage and other infrastructure related schemes can be linked to AMRUT