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We are posting today’s 10pm Current Affairs Quiz
Daily Quiz: March 31 2021
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- Question 1 of 10
1. Question
1 pointsCategory: current affairsConsider the following statements regarding the New Development Bank (NDB):
1. China has the highest initial subscribed capital of NDB.
2. All members of the United Nations can become members of the bank.
Which of the statements given above is/are correct?
Correct
Statement 1 is incorrect. The New Development Bank has an initial subscribed capital of US$ 50 billion and an initial authorized capital of US$ 100 billion.
The initial subscribed capital is equally distributed amongst the founding members. The voting power of each member is its subscribed shares in the capital stock of the Bank.
Statement 2 is correct. Bank’s Articles of Agreement specify that all members of the United Nations could be members of the bank, however the share of the BRICS nations can never be less than 55% of voting power.
# Union Minister of Finance & Corporate Affairs and India’s Governor in New Development Bank (NDB), Smt. Nirmala Sitharaman attended the 6th Annual Meeting of Board of Governors of New Development Bank through video-conference recently. This year’s Annual Meeting theme was “New Development Paradigms: The Evolution of Infrastructure”.
Incorrect
Statement 1 is incorrect. The New Development Bank has an initial subscribed capital of US$ 50 billion and an initial authorized capital of US$ 100 billion.
The initial subscribed capital is equally distributed amongst the founding members. The voting power of each member is its subscribed shares in the capital stock of the Bank.
Statement 2 is correct. Bank’s Articles of Agreement specify that all members of the United Nations could be members of the bank, however the share of the BRICS nations can never be less than 55% of voting power.
# Union Minister of Finance & Corporate Affairs and India’s Governor in New Development Bank (NDB), Smt. Nirmala Sitharaman attended the 6th Annual Meeting of Board of Governors of New Development Bank through video-conference recently. This year’s Annual Meeting theme was “New Development Paradigms: The Evolution of Infrastructure”.
- Question 2 of 10
2. Question
1 pointsCategory: current affairsWhich of the following is/are joint defence exercises between India and United States of America?
1. Hand in Hand
2. Yudh Abhyaas
3. Vajra Prahaar
Select the correct answer using the code given below:
Correct
Yudh Abhyas is an India-US joint military exercise, the 16th edition of this annual bilateral joint exercise of both the armies was held last month in Rajasthan.
The 11th edition of Indo-US Joint Special Forces Exercise VAJRA PRAHAR 2021 was conducted at Special Forces Training School located at Bakloh, HP in March 2021. The joint exercise by the Special Forces of both the countries is conducted alternatively between India and the United States to share the best practices and experiences in areas such as joint mission planning and operational tactics as also to improve interoperability between the Special Forces of both nations.
Hand in Hand is a joint military exercise between India and China.
Incorrect
Yudh Abhyas is an India-US joint military exercise, the 16th edition of this annual bilateral joint exercise of both the armies was held last month in Rajasthan.
The 11th edition of Indo-US Joint Special Forces Exercise VAJRA PRAHAR 2021 was conducted at Special Forces Training School located at Bakloh, HP in March 2021. The joint exercise by the Special Forces of both the countries is conducted alternatively between India and the United States to share the best practices and experiences in areas such as joint mission planning and operational tactics as also to improve interoperability between the Special Forces of both nations.
Hand in Hand is a joint military exercise between India and China.
- Question 3 of 10
3. Question
1 pointsCategory: current affairsWhich of the following organization is hosting the ‘World Immunisation and Logistics Summit’?
Correct
Abu Dhabi’s HOPE Consortium held the inaugural World Immunisation & Logistics Summit, a major international gathering of front runners and senior decision-makers leading the charge in the collective human effort against the COVID-19 pandemic.
The summit is organised by the HOPE Consortium, an Abu Dhabi led public-private partnership responsible for the mass distribution of COVID-19 vaccines to the global population and tool place virtually on March 29 and 30.
India’s Union Minister for Health and Family Welfare digitally participated in a panel discussion on vaccine production and distribution across Asia at the summit.
Incorrect
Abu Dhabi’s HOPE Consortium held the inaugural World Immunisation & Logistics Summit, a major international gathering of front runners and senior decision-makers leading the charge in the collective human effort against the COVID-19 pandemic.
The summit is organised by the HOPE Consortium, an Abu Dhabi led public-private partnership responsible for the mass distribution of COVID-19 vaccines to the global population and tool place virtually on March 29 and 30.
India’s Union Minister for Health and Family Welfare digitally participated in a panel discussion on vaccine production and distribution across Asia at the summit.
- Question 4 of 10
4. Question
1 pointsCategory: current affairsConsider the following statements regarding the Industrial Entrepreneurs Memorandum (IEM):
1. It is an application for acknowledgment of winding up of an industrial unit.
2. Every industry have to mandatorily file an IEM.
Which of the statements given above is/are correct?
Correct
Statement 1 is incorrect. Industrial Entrepreneurs Memorandum (IEM) is an application for acknowledgment of setting up of industrial unit.
Statement 2 is incorrect. The large-scale industry having investment more than Rs. 10 crores in manufacturing sector and more than Rs. 5 crores in service sector are primarily which is outside the purview of the licensing provisions and for the items (s) not exclusively reserved for manufacture by SSI sector have to file an application for Industrial Entrepreneurs Memorandum means IEM.
# With a view to enhancing ease of doing business and transparency, the DPIIT has revamped its Industrial Entrepreneurs Memorandum (IEM) portal.
Incorrect
Statement 1 is incorrect. Industrial Entrepreneurs Memorandum (IEM) is an application for acknowledgment of setting up of industrial unit.
Statement 2 is incorrect. The large-scale industry having investment more than Rs. 10 crores in manufacturing sector and more than Rs. 5 crores in service sector are primarily which is outside the purview of the licensing provisions and for the items (s) not exclusively reserved for manufacture by SSI sector have to file an application for Industrial Entrepreneurs Memorandum means IEM.
# With a view to enhancing ease of doing business and transparency, the DPIIT has revamped its Industrial Entrepreneurs Memorandum (IEM) portal.
- Question 5 of 10
5. Question
1 pointsCategory: current affairsWhich of the following institution has recently released the report titled ‘Investment Opportunities in India’s Healthcare Sector’?
Correct
NITI Aayog recently released a report on ‘Investment Opportunities in India’s Healthcare Sector’ outlining the range of investment opportunities in various segments of India’s healthcare sector, including hospitals, medical devices and equipment, health insurance, telemedicine, home healthcare and medical value travel.
— India’s healthcare industry has been growing at a Compound Annual Growth Rate of around 22% since 2016. At this rate, it is expected to reach USD 372 billion in 2022.
— The expansion of private players to tier-2 and tier-3 locations, beyond metropolitan cities, offers an attractive investment opportunity.
— India can boost domestic pharmaceuticals manufacturing, supported by recent Government schemes with performance-linked incentives.
— In the medical devices and equipment segment, expansion of diagnostic and pathology centres as well as miniaturized diagnostics have high potential for growth.
— The medical value travel, especially wellness tourism, has bright prospects, given India’s inherent strengths in alternative systems of medicine.
Incorrect
NITI Aayog recently released a report on ‘Investment Opportunities in India’s Healthcare Sector’ outlining the range of investment opportunities in various segments of India’s healthcare sector, including hospitals, medical devices and equipment, health insurance, telemedicine, home healthcare and medical value travel.
— India’s healthcare industry has been growing at a Compound Annual Growth Rate of around 22% since 2016. At this rate, it is expected to reach USD 372 billion in 2022.
— The expansion of private players to tier-2 and tier-3 locations, beyond metropolitan cities, offers an attractive investment opportunity.
— India can boost domestic pharmaceuticals manufacturing, supported by recent Government schemes with performance-linked incentives.
— In the medical devices and equipment segment, expansion of diagnostic and pathology centres as well as miniaturized diagnostics have high potential for growth.
— The medical value travel, especially wellness tourism, has bright prospects, given India’s inherent strengths in alternative systems of medicine.
- Question 6 of 10
6. Question
1 pointsCategory: current affairsConsider the following statements regarding:
1. The National Dairy Development Board (NDDB) is an institution of national importance as declared by an Act of Parliament.
2. India is the world’s largest milk producer country.
Which of the statements given above is/are correct?
Correct
Statement 1 is correct. The National Dairy Development Board — initially registered as a society under the Societies Act 1860 — was merged with the erstwhile Indian Dairy Corporation, a company formed and registered under the Companies Act 1956, by an Act of India’s Parliament – the NDDB Act 1987. The new body corporate was declared an institution of national importance by the Act.
Statement 2 is correct. India is the world’s largest milk producer, with 22 percent of global production, followed by the United States of America, China, Pakistan and Brazil.
Incorrect
Statement 1 is correct. The National Dairy Development Board — initially registered as a society under the Societies Act 1860 — was merged with the erstwhile Indian Dairy Corporation, a company formed and registered under the Companies Act 1956, by an Act of India’s Parliament – the NDDB Act 1987. The new body corporate was declared an institution of national importance by the Act.
Statement 2 is correct. India is the world’s largest milk producer, with 22 percent of global production, followed by the United States of America, China, Pakistan and Brazil.
- Question 7 of 10
7. Question
1 pointsCategory: current affairsThe ‘Nacaduba sinhala ramaswamii Sadasivan’ has been in news recently, it is a species of:
Correct
The butterfly species Nacaduba sinhala ramaswamii Sadasivan discovered in the Agasthyamalais in the Western Ghats a decade ago has now found place in the Journal of Threatened Taxa.
Nacaduba is a genus of gossamer-winged butterflies. It contains many of the species commonly called “lineblues”. Line Blues are small butterflies belonging to the subfamily Lycaenidae and their distribution ranges from India and Sri Lanka to the whole of southeastern Asia, Australia and Samoa.
Incorrect
The butterfly species Nacaduba sinhala ramaswamii Sadasivan discovered in the Agasthyamalais in the Western Ghats a decade ago has now found place in the Journal of Threatened Taxa.
Nacaduba is a genus of gossamer-winged butterflies. It contains many of the species commonly called “lineblues”. Line Blues are small butterflies belonging to the subfamily Lycaenidae and their distribution ranges from India and Sri Lanka to the whole of southeastern Asia, Australia and Samoa.
- Question 8 of 10
8. Question
1 pointsCategory: current affairsWhich of the following state does not border either Bangladesh or Myanmar?
1. Arunachal Pradesh
2. Assam
3. Tripura
Select the correct answer using the code given below:
Correct
Four northeastern states of Tripura, Meghalaya, Mizoram and Assam share a 1,880-km border with Bangladesh, while Mizoram, Manipur, Nagaland and Arunachal Pradesh share a 1,640-km unfenced border with Myanmar.
Incorrect
Four northeastern states of Tripura, Meghalaya, Mizoram and Assam share a 1,880-km border with Bangladesh, while Mizoram, Manipur, Nagaland and Arunachal Pradesh share a 1,640-km unfenced border with Myanmar.
- Question 9 of 10
9. Question
1 pointsCategory: current affairsWhich of the following National Park(s) is/are located in Rajasthan?
1. Bandhavgarh National Park
2. Ranthambore National Park
3. Keoladeo National Park
Select the correct answer using the code given below:
Correct
The Keoladeo National Park is in Bharatpur, Rakasthan is a former duck-hunting reserve of the Maharajas is one of the major wintering areas for large numbers of aquatic birds from Afghanistan, Turkmenistan, China and Siberia.
The Ranthambore National Park is in Sawai Madhopur, Rajasthan is also a former royal hunting ground and home to tigers, leopards and marsh crocodiles.
Bandhavgarh National Park is spread at Vidhya hills in Madhya Pradesh.
Rajasthan Diwas is observed on March 30th every year to commemorate the formation of the state. It was formed on March 30th, 1949 when Rajputana was merged into the Dominion of India. Jaipur being the largest city was declared as the capital of the state.
Incorrect
The Keoladeo National Park is in Bharatpur, Rakasthan is a former duck-hunting reserve of the Maharajas is one of the major wintering areas for large numbers of aquatic birds from Afghanistan, Turkmenistan, China and Siberia.
The Ranthambore National Park is in Sawai Madhopur, Rajasthan is also a former royal hunting ground and home to tigers, leopards and marsh crocodiles.
Bandhavgarh National Park is spread at Vidhya hills in Madhya Pradesh.
Rajasthan Diwas is observed on March 30th every year to commemorate the formation of the state. It was formed on March 30th, 1949 when Rajputana was merged into the Dominion of India. Jaipur being the largest city was declared as the capital of the state.
- Question 10 of 10
10. Question
1 pointsCategory: current affairsWhich of the following diseases can be spread by the Aedes aegypti mosquito species?
1. Dengue
2. Yellow fever
3. Zika virus
Select the correct answer using the code given below:
Correct
Aedes aegypti is a known vector of several viruses including yellow fever virus, dengue virus chikungunya virus and Zika virus.
The mosquito can be recognized by white markings on its legs and a marking in the form of a lyre on the upper surface of its thorax. This mosquito originated in Africa, but is now found in tropical, subtropical and temperate regions throughout the world.
Incorrect
Aedes aegypti is a known vector of several viruses including yellow fever virus, dengue virus chikungunya virus and Zika virus.
The mosquito can be recognized by white markings on its legs and a marking in the form of a lyre on the upper surface of its thorax. This mosquito originated in Africa, but is now found in tropical, subtropical and temperate regions throughout the world.