10 PM Daily Current Affairs Quiz | June 30 2021

Both statements are correct

• Innovations for Defence Excellence (iDEX) was launched by the Government of India in 2018.
• Aim: It aims to create an ecosystem to promote innovation and technology development in Defence and Aerospace. For that, it will attract industries including MSMEs, start-ups, individual innovators, R&D institutes & academia.

• It will also provide grants/funding and other support to them to carry out R&D. However, R&D should have a good potential for future adoption for Indian defence and aerospace needs.

• Objectives of IDEX:

• Facilitate rapid development of new, indigenized, and innovative technologies for the Indian defence and aerospace sector in shorter timelines.
• Create a culture of engagement with innovative startups, to encourage co-creation for defence and aerospace sectors.
• Empower a culture of technology co-creation and co-innovation within the defence and aerospace sectors.

• Nodal Body: iDEX will be funded and managed by Defence Innovation Organisation (DIO).

• Defence Innovation Organisation (DIO) is a not-for-profit Organisation, incorporated under Section 8 of the Companies Act.

Source: Article

• At the UN Framework Convention on Climate Change (UNFCCC) Conference of Parties (CoP) 2015 in Paris, the government of India made a Bonn Challenge pledge to bring 13 million hectares of degraded land into restoration by 2020 and an additional 8 million hectares by 2030.

Source: Article

Both statements are correct

• ECGC Ltd. (Formerly Export Credit Guarantee Corporation of India Ltd.), wholly owned by Government of India, was set up in 1957 with the objective of promoting exports from the country by providing Credit Risk Insurance and related services for exports. It functions under the administrative control of Ministry of Commerce & Industry, and is managed by a Board of Directors comprising representatives of the Government, Reserve Bank of India, banking, and insurance and exporting community.
• The commercial risks of a foreign buyer going bankrupt or losing his capacity to pay are aggravated due to the political and economic uncertainties. Export credit insurance is designed to protect exporters from the consequences of the payment risks, both political and commercial, and to enable them to expand their overseas business without fear of loss

Source: Article

The Sahel stretches from the Atlantic Ocean eastward through the following countries:

• Senegal
• Mauritania
• Mali
• Burkina Faso (formerly Upper Volta)

• Niger
• Nigeria
• Chad
• Sudan
• Eritrea

• Ethiopia

Source: Places in news

• Statement 1 is correct: Infrastructure projects owned, developed and implemented jointly by the Government and private sector, through a partnership arrangement. Public Private Partnership means an arrangement between government or statutory entity or government owned entity on one side and a private sector entity on the other, for the provision of public assets and/or related services for public benefit, through investments being made by and/or management undertaken by the private sector entity for a specified period of time
• Statement 2 is incorrect: A substantial risk sharing with the private sector is involved and the private sector receives performance linked payments that conform (or are benchmarked) to specified and pre-determined performance standards, measurable by the public entity or its representative.

Source: Article

• In 1972, Project Devil, for the development of a medium range Surface-to-Surface Missile was initiated. A large number of infrastructure and test facilities were established during this period.
• The main facilities established during this period included Aerodynamic, Structural and Environmental test facilities, Liquid and Solid propulsion facilities; fabrication and engineering facilities; Control, Guidance, FRP, Rubber component facilities, computer centers, ground and flight instrumentation and onboard power supplies development facilities. The development of components / systems for Project Devil formed the technology base for the future IGMDP Programme.

Source: Article

• Europe’s new ‘vaccine passport’ programme is also called Green Pass. It is a digital or paper document that indicates whether individuals have received a COVID-19 vaccination or, in some cases, recently tested negative for COVID-19.

Source: Article

• Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a Central Sector Scheme with 100% funding from Government of India. It was announced in February 2019. Under the Scheme, income support of Rs.6000/- per year is provided to all farmer families across the country in three equal instalments of Rs.2000/- each, every four months. The entire responsibility of identification of beneficiary farmer families rests with the State / UT Governments.
• The scheme is implemented by the Ministry of Agriculture and Farmers Welfare.

All statements are correct

• Chilika lake is the Asia’s largest brackish water lake. It is located at the Daya River flowing into the Bay of Bengal.
• The lake is also the second largest coastal lagoon in the world after the New Caledonian barrier reef in New Caledonia. Chilika lake was also designated as a wetland of international importance under the Ramsar Convention in 1981.
• The lake is also home to the largest wintering ground for migratory birds on the Indian subcontinent. These birds travel great distances to reach Chilika Lake. The Irrawaddy dolphin (IUCN Red List –Endangered) is the flagship species of Chilika Lake

It is an annual maritime bilateral exercise between Indian Navy and the Royal Navy of Britain.