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We are posting today’s 10pm Current Affairs Quiz
Daily Quiz: Apr 30 2021
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- Question 1 of 9
1. Question
1 pointsCategory: current affairsThe term Civil society is often heard in the news. Consider the following statements:
1. It is the non-state and non-market part of the public domain
2. Media institutions, political parties and trade unions can be a part of civil society
Which of the above statements is/are correct?
Correct
Statement 1 is correct: Civil society is the non-state and non-market part of the public domain in which individuals get together voluntarily to create institutions and organizations
· Statement 2 is correct: It consists of voluntary associations, organizations or institutions formed by groups of citizens. It includes political parties, media institutions, trade unions, non-governmental organizations (NGOs), religious organizations, and other kinds of collective entities. The main criteria for inclusion in civil society are that the organization should not be state-controlled, and it should not be a purely commercial profit-making entity.
Incorrect
Statement 1 is correct: Civil society is the non-state and non-market part of the public domain in which individuals get together voluntarily to create institutions and organizations
· Statement 2 is correct: It consists of voluntary associations, organizations or institutions formed by groups of citizens. It includes political parties, media institutions, trade unions, non-governmental organizations (NGOs), religious organizations, and other kinds of collective entities. The main criteria for inclusion in civil society are that the organization should not be state-controlled, and it should not be a purely commercial profit-making entity.
- Question 2 of 9
2. Question
1 pointsCategory: current affairsWorld Economic Outlook report is released by
Correct
World Economic Outlook report is released by International Monetary Fund (IMF)
Incorrect
World Economic Outlook report is released by International Monetary Fund (IMF)
- Question 3 of 9
3. Question
1 pointsCategory: current affairsDebt to GDP ratio is a key indicator of the economic situation of a country. Consider the statements below:
1. Increase in public spending shall lead to a jump in Debt to GDP ratio
2. The debt contracted against the Consolidated Fund of India is defined as public debt
3. Government of India’s debt is managed by Public Debt Management Agency (PDMA)
Which of the above statements is/are correct?
Correct
Statement 1 is correct: The debt-to-GDP ratio is the metric comparing a country’s public debt to its gross domestic product (GDP). By comparing what a country owes with what it produces, the debt-to-GDP ratio reliably indicates that particular country’s ability to pay back its debts.
· Statement 2 is correct: The Union government broadly classifies its liabilities into two broad categories. The debt contracted against the Consolidated Fund of India is defined as public debt and includes all other funds received outside Consolidated Fund of India under Article 266 (2) of the Constitution, where the government merely acts as a banker or custodian. The second type of liabilities is called public account.
· Statement 3 is incorrect: As per Reserve Bank of India Act of 1934, the Reserve Bank is both the banker and public debt manager for the Union government. However, of late, there is a demand for creating a specialized agency for managing public debt as exists in some advanced economies. For instance, the NITI Aayog has advocated the creation of a separate public debt management agency (PDMA).
Incorrect
Statement 1 is correct: The debt-to-GDP ratio is the metric comparing a country’s public debt to its gross domestic product (GDP). By comparing what a country owes with what it produces, the debt-to-GDP ratio reliably indicates that particular country’s ability to pay back its debts.
· Statement 2 is correct: The Union government broadly classifies its liabilities into two broad categories. The debt contracted against the Consolidated Fund of India is defined as public debt and includes all other funds received outside Consolidated Fund of India under Article 266 (2) of the Constitution, where the government merely acts as a banker or custodian. The second type of liabilities is called public account.
· Statement 3 is incorrect: As per Reserve Bank of India Act of 1934, the Reserve Bank is both the banker and public debt manager for the Union government. However, of late, there is a demand for creating a specialized agency for managing public debt as exists in some advanced economies. For instance, the NITI Aayog has advocated the creation of a separate public debt management agency (PDMA).
- Question 4 of 9
4. Question
1 pointsCategory: current affairsTrachoma was recently in news. Consider the statements below:
1. Disease is caused by an infection from Chlamydia Trachomatis virus
2. It is categorised as one of the Neglected Tropical Diseases (NTD) by WHO
3. Ghana, was the first country in WHO’s African region to eliminate Trachoma as a public health problem
Which of the above statements is/are correct?
Correct
Statement 1 is incorrect: Trachoma is caused by a bacterial infection caused by the Chlamydia Trachomatis
· Statement 2 is correct: Neglected tropical diseases (NTDs), are a group of diseases that occur under tropical and sub-tropical climate conditions and are intimately linked to poverty. They therefore thrive in areas where access to adequate sanitation, clean water and healthcare is limited, and people live in proximity with animals and infective disease vectors, such as in remote and rural areas, informal settlements or conflict zones. Following diseases are categorised as NTDs by WHO:
1. Buruli ulcer
2. Chagas disease (American trypanosomiasis)
3. Dengue and Chikungunya
4. Dracunculiasis (Guinea-worm disease)
5. Echinococcosis
6. Foodborne trematode infections
7. Human African trypanosomiasis (sleeping sickness)
8. Leishmaniasis
9. Leprosy (Hansen’s disease)
10. Lymphatic filariasis (Elephantiasis)
11. Mycetoma, chromoblastomycosis and other deep mycoses
12. Onchocerciasis (river blindness)
13. Rabies
14. Scabies and other ectoparasitoses
15. Schistosomiasis (Bilharzia)
16. Soil-transmitted helminthiases
17. Snakebite envenoming
18. Taeniasis and cysticercosis
19. Trachoma
20. Yaws (Endemic treponematoses)
· Statement 3 is correct: Ghana eliminated Trachoma as a public health problem in 2018
Incorrect
Statement 1 is incorrect: Trachoma is caused by a bacterial infection caused by the Chlamydia Trachomatis
· Statement 2 is correct: Neglected tropical diseases (NTDs), are a group of diseases that occur under tropical and sub-tropical climate conditions and are intimately linked to poverty. They therefore thrive in areas where access to adequate sanitation, clean water and healthcare is limited, and people live in proximity with animals and infective disease vectors, such as in remote and rural areas, informal settlements or conflict zones. Following diseases are categorised as NTDs by WHO:
1. Buruli ulcer
2. Chagas disease (American trypanosomiasis)
3. Dengue and Chikungunya
4. Dracunculiasis (Guinea-worm disease)
5. Echinococcosis
6. Foodborne trematode infections
7. Human African trypanosomiasis (sleeping sickness)
8. Leishmaniasis
9. Leprosy (Hansen’s disease)
10. Lymphatic filariasis (Elephantiasis)
11. Mycetoma, chromoblastomycosis and other deep mycoses
12. Onchocerciasis (river blindness)
13. Rabies
14. Scabies and other ectoparasitoses
15. Schistosomiasis (Bilharzia)
16. Soil-transmitted helminthiases
17. Snakebite envenoming
18. Taeniasis and cysticercosis
19. Trachoma
20. Yaws (Endemic treponematoses)
· Statement 3 is correct: Ghana eliminated Trachoma as a public health problem in 2018
- Question 5 of 9
5. Question
1 pointsCategory: current affairsThe world economic outlook report was seen recently in the news. It is released by –
Correct
The International Monetary Fund(IMF) releases the World Economic Outlook Report.
About the report:
· The report is published twice a year.
· Aim: To provide analysis and forecasts of economic developments of member countries and highlights risks and uncertainty.
Other reports by IMF: a) Global Financial Stability Report and b) Fiscal Monitor(FM).
Incorrect
The International Monetary Fund(IMF) releases the World Economic Outlook Report.
About the report:
· The report is published twice a year.
· Aim: To provide analysis and forecasts of economic developments of member countries and highlights risks and uncertainty.
Other reports by IMF: a) Global Financial Stability Report and b) Fiscal Monitor(FM).
- Question 6 of 9
6. Question
1 pointsCategory: current affairsConsider the following statements regarding United Nations Strategic Plan for Forests 2017-2030?
1. It targets to increase forest area by 3% worldwide by 2030.
2. Goals of strategic plan are binding upon the countries with more than 50% of reduction in forest area in last 10 years.
Select the correct answer using the codes given below
Correct
Statement 1 is correct. It includes a target to increase forest area by 3% worldwide by 2030, signifying an increase of 120 million hectares, an area over twice the size of France.
Statement 2 is incorrect. The Strategic Plan features a set of six Global Forest Goals and 26 associated targets to be reached by 2030, which are voluntary and universal. Read More
Incorrect
Statement 1 is correct. It includes a target to increase forest area by 3% worldwide by 2030, signifying an increase of 120 million hectares, an area over twice the size of France.
Statement 2 is incorrect. The Strategic Plan features a set of six Global Forest Goals and 26 associated targets to be reached by 2030, which are voluntary and universal. Read More
- Question 7 of 9
7. Question
1 pointsCategory: current affairsWhich one of the following statements is incorrect regarding TRIPS agreement
Correct
The 1995 agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is a key legal instrument that harmonises intellectual property (IP) protection by imposing binding obligations on member countries to ensure a minimum level of protection and enforcement of IP rights in their territories.
If the waiver is granted, WTO member countries will not be under an obligation, for a temporary period, to either grant or enforce patents and other IP-related rights to Covid-19 drugs, vaccines, and other treatments.
the voluntary licenses are often shrouded in secrecy where the patent holder controls important decisions such as who would be the ultimate beneficiaries of the drug and how the third-party sellers are to be selected. The same can be said about the voluntary license issued by AstraZeneca to Serum Institute.
Incorrect
The 1995 agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is a key legal instrument that harmonises intellectual property (IP) protection by imposing binding obligations on member countries to ensure a minimum level of protection and enforcement of IP rights in their territories.
If the waiver is granted, WTO member countries will not be under an obligation, for a temporary period, to either grant or enforce patents and other IP-related rights to Covid-19 drugs, vaccines, and other treatments.
the voluntary licenses are often shrouded in secrecy where the patent holder controls important decisions such as who would be the ultimate beneficiaries of the drug and how the third-party sellers are to be selected. The same can be said about the voluntary license issued by AstraZeneca to Serum Institute.
- Question 8 of 9
8. Question
1 pointsCategory: current affairsMACS 1407, recently seen in news, it is a
Correct
Scientists from MACS- Agharkar Research Institute (ARI) Pune in collaboration with the Indian Council of Agricultural Research(ICAR) have developed a variety of Soybean called MACS 1407. Read More
Incorrect
Scientists from MACS- Agharkar Research Institute (ARI) Pune in collaboration with the Indian Council of Agricultural Research(ICAR) have developed a variety of Soybean called MACS 1407. Read More
- Question 9 of 9
9. Question
1 pointsCategory: current affairsConsider the following statements regarding compulsory licensing
1. The TRIPS Agreement of WTO does not have any provision related to compulsory licensing.
2. Despite having a provision, India so far never issued a compulsory license for drugs.
Which of the above statements is/are correct?
Correct
Articles 31(f) of the TRIPS Agreement provides for a compulsory license. Under this, the government can issue a license to make use of a patent without the patent holder’s consent.
But, this drug can be used only for the supply of the domestic market. So the government cannot export the patented product.
· For example, In 2012, India permitted generic production of Bayer Corporation’s Nexavar. This drug was used for the treatment of Liver and Kidney cancer.
· Similarly, South Africa permitted the generic production of Anti-Retroviral Drugs used in HIV treatment.
Incorrect
Articles 31(f) of the TRIPS Agreement provides for a compulsory license. Under this, the government can issue a license to make use of a patent without the patent holder’s consent.
But, this drug can be used only for the supply of the domestic market. So the government cannot export the patented product.
· For example, In 2012, India permitted generic production of Bayer Corporation’s Nexavar. This drug was used for the treatment of Liver and Kidney cancer.
· Similarly, South Africa permitted the generic production of Anti-Retroviral Drugs used in HIV treatment.