10 PM Daily Current Affairs Quiz | April 25 2021

Statement 1 is correct. Revaluation is a change in a price of a good or product, or especially of a currency, in which case it is specifically an official rise of the value of the currency in relation to a foreign currency in a fixed exchange rate system.

Statement 2 is correct. Currency depreciation is the loss of value of a country’s currency with respect to one or more foreign reference currencies, typically in a floating exchange rate system in which no official currency value is maintained.

The Global Wind Energy Council (GWEC) has recently released the report Global Wind Report, 2021.

— The world’s capacity to generate electricity from wind jumped 53% in 2020.

— China and the United States accounted for 75% of the new installations and over half the world’s wind power capacity.

— The world currently has a total wind energy capacity of 743 GW. This has helped avoid an annual CO2 emission of over 1.1 billion tonnes which is equivalent to the volume of carbon South America emits in a year.

— India’s total installed wind power capacity was 38GW, the fourth largest installed wind power capacity in the world.

• Chimeras are organisms that are made up of the cells of two distinct species.
• Researchers at the Salk Institute for Biological Studies in the US have for the first time created the first monkey embryo containing human cells.
• This particular field of research is called “chimera research”.

Read more: chimera research

The Government of India has announced the fourth phase of its New Covid-19 vaccine policy. This phase expands its vaccination coverage to everyone aged 18 and older from May 1.

• Under the new rules, the Centre will automatically receive only 50% of vaccines produced by manufacturers.
• The remaining 50% can be acquired by the states directly or by private hospitals and industrial establishments at a price.

Read More: India’s “New Covid-19 vaccine policy”

• World Earth Day is celebrated every year on 22nd April. It was celebrated for the first time in the year 1970. (Rio Declaration is signed on 1992)
• World Earth day 2021 theme: ‘Restore Our Earth’. The theme focuses on natural processes, emerging green technologies and innovative thinking to restore the world’s ecosystems.

Read More : World Earth day

Boao Forum for Asia(BFA):

• Boao Forum for Asia(BFA) is a non-profit international organization founded in the year 2001.
• Purpose: The Forum is committed to promoting regional economic integration in Asia. It also aims at bringing Asian countries even closer to their development goals.
• Significance: Boao Forum is modelled on the World Economic Forum held annually in Davos, Switzerland. So it also called Davos of the East.

Read more: Boao Forum for Asia(BFA)

Clustered Regularly Interspaced Short Palindromic Repeats of genetic information that some bacterial species use as part of an antiviral system. A CRISPR-associated (Cas) endonuclease, or enzyme, that acts as “molecular scissors” to cut DNA at a location specified by a guide RNA.

Three main categories of genetic edits can be performed with CRISPR/Cas9:

–DISRUPT: If a single cut is made, a process called non-homologous end joining can result in the addition or deletion of base pairs, disrupting the original DNA sequence and causing gene inactivation

–DELETE: A larger fragment of DNA can be deleted by using two guide RNAs that target separate sites. After cleavage at each site, non-homologous end joining unites the separate ends, deleting the intervening sequence.

–CORRECT OR INSERT: Adding a DNA template alongside the CRISPR/Cas9 machinery allows the cell to correct a gene, or even insert a new gene, using a process called homology directed repair.

The Mars Helicopter, Ingenuity, is a technology demonstration to test powered flight on another world for the first time. It hitched a ride to Mars on the Perseverance rover. Once the rover reached a suitable “helipad” location, it released Ingenuity to the surface so it could perform a series of test flights over a 30-Martian-day experimental window. The first flight was successfully performed on April 19, 2021.

For the first flight, the helicopter took off, climbed to about 10 feet (3 meters) above the ground, hovered in the air briefly, completed a turn, and then landed.

Both statements are correct.

Article 124 of the Constitution states that there shall be a Supreme Court of India consisting of a Chief Justice of India and, until Parliament by law prescribes a larger number, of not more than seven other Judges.

Parliament last year passed the Supreme Court (Number of Judges) Amendment Bill to increases the number of judges in Supreme Court number from 30 to 33.

The Judges remain in office until they reach the retirement age — 65 for Supreme Court judges and 62 for high court judges.

The kafala, or sponsorship, system defines the relationship between foreign workers and their local sponsor, or kafeel, which is usually their employer. It is found in the Gulf Cooperation Council (GCC) countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates—as well as Jordan and Lebanon.

Under this system, the state gives local individuals or companies sponsorship permits to employ foreign laborers. It was created to supply cheap, plentiful labor in an era of booming economic growth, and its defenders argue that it benefits local businesses and helps drive development.

The system has become increasingly controversial, and there is growing recognition that it is rife with exploitation. The lack of regulations and protections for migrant workers’ rights often results in low wages, poor working conditions, and employee abuse.