10 PM Daily Current Affairs Quiz | June 5 2021

• It is the system of production, distribution and consumption of goods and services aimed at using the purchasing potential of older and ageing people and satisfying their consumption, living and health needs.

Source: Article

• A fair trial is an open trial by an impartial judge in which all parties are treated equally. The right to fair trial is one of the fundamental guarantees of human rights and rule of law, aimed at ensuring administration of justice.

• Article 21 of the Indian Constitution: No person shall be deprived of his life and personal liberty except according to procedure established by law.

Source: Article

• Statement 1 is correct: RNA viruses have high mutation rates—up to a million times higher than their hosts—and these high rates are correlated with enhanced virulence and evolvability, traits considered beneficial for viruses

• Statement 2 is correct: Due to high mutation the replication cycles of RNA virus are more error-prone.

Source: Article

• Statement 1 is incorrect: Act established biodiversity boards in states only, not in UTs.

• Statement 2 is incorrect: Any grievances related to the determination of benefit sharing or order of the National Biodiversity Authority or a State Biodiversity Board under this Act, shall be taken to the National Green Tribunal (NGT).
• Statement 3 is correct: Offences under National Biodiversity Act are cognizable and non-bailable

Source: Article

• Statement 1 is correct: The Coalition for Disaster Resilient Infrastructure (CDRI) is a multi-stakeholder global partnership of national governments, UN agencies and programmes, multilateral development banks and financing mechanisms, the private sector, and academic and knowledge institutions. It addresses the challenges of building resilience into infrastructure systems and development associated with it.
• Statement 2 is correct: CDRI is the second major coalition launched by India outside of the UN, the first being the International Solar Alliance.

Source: Article

• The SDG India Index was launched in 2018 by NITI Aayog. It was developed in collaboration with the United Nations.
• Aim: As the States, progress will determine India’s progress towards achieving the Sustainable Development Goals (SDGs) by 2030. The index aims to instil competition among States to improve their performance across social indices.
• The 2020-21 index is the 3rd edition of SDG India Index.
• States:

• Kerala has topped the index with a score of 75.
• It was followed by Himachal Pradesh and Tamil Nadu with a score of 74.

• UTs: Chandigarh maintained its top spot among the UTs with a score of 79, followed by Delhi (68)

Read more: SDG India Index 2020-21

The International Labour Organisation (ILO) has released the annual World Employment and Social Outlook: Trends 2021 (WESO) report.

• The report analyses key labour market issues including unemployment, labour underutilisation, working poverty, income inequality, labour income share and factors that exclude people from decent work.
• It highlights how the COVID-19 crisis had worsened pre-existing inequalities by hitting vulnerable workers harder.

• Key findings of the report:

• COVID-induced job loss: Covid-19 induced jobs loss will reach 75 million in 2021, before falling to 23 million in 2022.
• Global Unemployment: Unemployment is expected to stand at 205 million people in 2022. This far greater than the 187 million in 2019. This corresponds to an unemployment rate of 5.7%.
• Child Labour: The crisis has also appeared to reverse the decade of progress in battling child labour and forced labour.

Read more: World Employment and Social Outlook: Trends 2021 (WESO) report

The DST imposes a 2% tax on revenue (revenue, not income. Both are different) generated from a broad range of digital services offered in India, including

• Digital platform services
• Digital content sales
• Digital sales of a company’s own goods

• Data-related services
• Software-as-a-service, and several other categories of digital services

Companies with a turnover of over Rs. 2 crore, will pay this levy on the consideration received for online sales of goods and services.

India’s DST only applies to “non-resident” companies. The tax applies as of April 1, 2020, with no retrospective element (retrospective taxation means tax has to be paid on income earned in the past).

Read more: Digital Service Tax

Recently, the Minister of State for Development of North Eastern Region has asked for suggestions for the Devika River project in Udhampur, J&K.

About the project:

• The work on the project was started in March 2019 under the National River Conservation Plan (NRCP).
• Under the project, bathing “ghats” (places) on the banks of the Devika River will be developed, encroachments will be removed, natural water bodies will be restored

About the Devika River:

• It originates from the hilly Suddha Mahadev temple in Udhampur district of Jammu and Kashmir. The river flows down towards western Punjab (now in Pakistan) where it merges with the Ravi river.
• The river holds religious significance as it is revered by Hindus as the sister of river Ganga.

Source: PIB

Recently, the Prime Minister chaired a meeting of the Council of Scientific and Industrial Research (CSIR) Society through video conference.

• It is the largest research and development (R&D) organisation in India. It has a pan-India presence and has a dynamic network of 37 national laboratories, 39 outreach centres, 3 Innovation Complexes and 5 units.
• The Prime Minister is the President (Ex-officio) and the Union Minister of Science and Technology is the Vice President (Ex-officio).
• CSIR is funded by the Ministry of Science and Technology and it operates as an autonomous body through the Societies Registration Act, 1860.
• It is headquartered in Delhi

Source: PIB