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We are posting today’s 10pm Current Affairs Quiz
Daily Quiz: May 29 2021
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- Question 1 of 10
1. Question
1 pointsCategory: current affairsConsider the following statements regarding SeHAT OPD portal:
- It is a patient to doctor system for the serving & veteran armed forces personnel of all three Services.
- Both e-Sanjeevani & SeHAT have been developed by CDAC
Which of the above statements is/are correct?
Correct
- Statement 1 is correct: SeHAT OPD Portal aims to provide tele-medicine services to the serving Armed Forces personnel, veterans and their families of the three Services.
- Statement 2 is correct: Both portals have been developed by CDAC (Centre for Development of Advanced Computing).
- e-Sanjeevani is a doctor-to-doctor telemedicine system being implemented under the Ayushman Bharat Health and Wellness Centre (AB-HWCs) programme. It seeks to connect all 1,50,000 HWCs using the hub-and-spoke model by December 2022.
Source: SeHAT
Incorrect
- Statement 1 is correct: SeHAT OPD Portal aims to provide tele-medicine services to the serving Armed Forces personnel, veterans and their families of the three Services.
- Statement 2 is correct: Both portals have been developed by CDAC (Centre for Development of Advanced Computing).
- e-Sanjeevani is a doctor-to-doctor telemedicine system being implemented under the Ayushman Bharat Health and Wellness Centre (AB-HWCs) programme. It seeks to connect all 1,50,000 HWCs using the hub-and-spoke model by December 2022.
Source: SeHAT
- Question 2 of 10
2. Question
1 pointsCategory: current affairsConsider the following statements:
- A primarily tribal herdsmen community
- Famous for breeding Banni buffaloes
- Their name means keeper of the animal stock
Which of the following tribe is being talked about in above statements?
Correct
- Maldharis are a tribal herdsmen community in Gujarat, India. The literal meaning of Maldhari is a keeper (dhari) of the animal stock (mal).
- The Maldharis have lived in the Gir National Park, in the Banni Grasslands Reserve area, for the past thousand years.
- They have co-existed with the lions which the Gir National Park was created to preserve, for these thousand years.
- Maldhari community breeds Banni Buffaloes, a species endemic to the region. The buffaloes are adaptive to Kutch’s hot weather condition.
Source: Maldhari
Incorrect
- Maldharis are a tribal herdsmen community in Gujarat, India. The literal meaning of Maldhari is a keeper (dhari) of the animal stock (mal).
- The Maldharis have lived in the Gir National Park, in the Banni Grasslands Reserve area, for the past thousand years.
- They have co-existed with the lions which the Gir National Park was created to preserve, for these thousand years.
- Maldhari community breeds Banni Buffaloes, a species endemic to the region. The buffaloes are adaptive to Kutch’s hot weather condition.
Source: Maldhari
- Question 3 of 10
3. Question
1 pointsCategory: current affairsTutsi, a term often seen in news, is related to:
Correct
- Tutsi is an ethnic group, whose members live within Rwanda and Burundi
- The Tutsi formed the traditional aristocratic minority in both countries, constituting about 9% and 14% of the population, respectively. The Tutsis’ numbers in Rwanda were greatly reduced by a government-inspired genocidal campaign (Rwandan genocide) against them in 1994, however
Source: Rwandan genocide
Incorrect
- Tutsi is an ethnic group, whose members live within Rwanda and Burundi
- The Tutsi formed the traditional aristocratic minority in both countries, constituting about 9% and 14% of the population, respectively. The Tutsis’ numbers in Rwanda were greatly reduced by a government-inspired genocidal campaign (Rwandan genocide) against them in 1994, however
Source: Rwandan genocide
- Question 4 of 10
4. Question
1 pointsCategory: current affairsWhich of the following countries is/are a member(s) of BIMSTEC?
- Myanmar
- Indonesia
- Thailand
Select the correct answer from the codes given below:
Correct
Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC): Headquartered in Dhaka, BIMSTEC is an inter-regional grouping that seeks to foster regional and economic cooperation among nations in the littoral and adjacent areas of the Bay of Bengal — India, Thailand, Myanmar, Nepal, Bangladesh, Sri Lanka and Bhutan.
Incorrect
Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC): Headquartered in Dhaka, BIMSTEC is an inter-regional grouping that seeks to foster regional and economic cooperation among nations in the littoral and adjacent areas of the Bay of Bengal — India, Thailand, Myanmar, Nepal, Bangladesh, Sri Lanka and Bhutan.
- Question 5 of 10
5. Question
1 pointsCategory: current affairsState of Global Climate report is released by:
- Question 6 of 10
6. Question
1 pointsCategory: current affairsWhich amongst the following can become a beneficiary under the KIsan Credit Card Scheme?
- Sharecroppers
- Tenant Farmers
- Dairy Farmers
- Self Help Groups
Select your answer from the codes given below:
Correct
The Kisan Credit Card (KCC) scheme was launched by the Government of India in 1998.
It aims to provide adequate and timely credit support from the banking system to the farmers for their cultivation and other needs as indicated below:
- To meet the short term credit requirements for cultivation of crops;
- Post-harvest expenses and Produce marketing loan;
- Consumption requirements of farmer household;
- Working capital for maintenance of farm assets and activities allied to agriculture;
- Investment credit requirement for agriculture and allied activities.
Coverage: Small farmers, marginal farmers, sharecroppers, oral lessee and tenant farmers, Self Help Groups (SHGs) or Joint Liability Groups (JLGs) are eligible for availing benefits under the scheme.
In 2020, the government included the dairy farmers in the Kisan Credit Card (KCC) programme.
Incorrect
The Kisan Credit Card (KCC) scheme was launched by the Government of India in 1998.
It aims to provide adequate and timely credit support from the banking system to the farmers for their cultivation and other needs as indicated below:
- To meet the short term credit requirements for cultivation of crops;
- Post-harvest expenses and Produce marketing loan;
- Consumption requirements of farmer household;
- Working capital for maintenance of farm assets and activities allied to agriculture;
- Investment credit requirement for agriculture and allied activities.
Coverage: Small farmers, marginal farmers, sharecroppers, oral lessee and tenant farmers, Self Help Groups (SHGs) or Joint Liability Groups (JLGs) are eligible for availing benefits under the scheme.
In 2020, the government included the dairy farmers in the Kisan Credit Card (KCC) programme.
- Question 7 of 10
7. Question
1 pointsCategory: current affairsConsider the following statements:
- Genetic modification (GM) technology allows the transfer of genes for specific traits between species.
- GM Mustard is the only GM crop approved in India.
Which of the statements given above is/are correct?
Correct
Statement 1 is correct. Genetically modified organisms (GMOs) can be defined as organisms (i.e. plants, animals or microorganisms) in which the genetic material (DNA) has been altered in a way that does not occur naturally by mating and/or natural recombination. Genetic modification (GM) technology allows the transfer of genes for specific traits between species.
Statement 2 is incorrect. Bt Cotton is the only GM crop introduced in India in 2002. Bt brinjal was recommended for commercialisation in October 2009, after it completed regulatory evaluation in seven years, and is still under moratorium.
Incorrect
Statement 1 is correct. Genetically modified organisms (GMOs) can be defined as organisms (i.e. plants, animals or microorganisms) in which the genetic material (DNA) has been altered in a way that does not occur naturally by mating and/or natural recombination. Genetic modification (GM) technology allows the transfer of genes for specific traits between species.
Statement 2 is incorrect. Bt Cotton is the only GM crop introduced in India in 2002. Bt brinjal was recommended for commercialisation in October 2009, after it completed regulatory evaluation in seven years, and is still under moratorium.
- Question 8 of 10
8. Question
1 pointsCategory: current affairsConsider the following statements regarding the monetary policy framework of India:
- Reserve Bank of India has the legislative mandate to operate the monetary policy framework of the country.
- The inflation target to be set by the Reserve Bank in consultation with Scheduled Commercial Banks, once in every five years.
Which of the statements given above is/are correct?
Correct
Statement 1 is correct. In May 2016, the Reserve Bank of India (RBI) Act, 1934 was amended to provide a statutory basis for the implementation of the flexible inflation targeting framework.
The amended RBI Act explicitly provides the legislative mandate to the Reserve Bank to operate the monetary policy framework of the country.
The framework aims at setting the policy (repo) rate based on an assessment of the current and evolving macroeconomic situation; and modulation of liquidity conditions to anchor money market rates at or around the repo rate. Repo rate changes transmit through the money market to the entire the financial system, which, in turn, influences aggregate demand – a key determinant of inflation and growth.
Statement 2 is incorrect. The amended RBI Act also provides for the inflation target to be set by the Government of India, in consultation with the Reserve Bank, once in every five years.
# The Centre has decided to retain the inflation target of 4%, with a tolerance band of +/- 2 percentage points for the Monetary Policy Committee of the RBI for the coming five years; April 1, 2021, to March 31, 2026.
Incorrect
Statement 1 is correct. In May 2016, the Reserve Bank of India (RBI) Act, 1934 was amended to provide a statutory basis for the implementation of the flexible inflation targeting framework.
The amended RBI Act explicitly provides the legislative mandate to the Reserve Bank to operate the monetary policy framework of the country.
The framework aims at setting the policy (repo) rate based on an assessment of the current and evolving macroeconomic situation; and modulation of liquidity conditions to anchor money market rates at or around the repo rate. Repo rate changes transmit through the money market to the entire the financial system, which, in turn, influences aggregate demand – a key determinant of inflation and growth.
Statement 2 is incorrect. The amended RBI Act also provides for the inflation target to be set by the Government of India, in consultation with the Reserve Bank, once in every five years.
# The Centre has decided to retain the inflation target of 4%, with a tolerance band of +/- 2 percentage points for the Monetary Policy Committee of the RBI for the coming five years; April 1, 2021, to March 31, 2026.
- Question 9 of 10
9. Question
1 pointsCategory: current affairsConsider the following statements with reference to Asset Reconstruction Company (ARC).
- It buys the Non-Performing Assets (NPAs) from banks only.
- ARCs are constituted under The RBI Act.
Which of the statements given above is/are correct?
Correct
Asset Reconstruction Company (ARC) is a specialized financial institution. They will buy the Non-Performing Assets (NPAs) from banks and financial institutions. (Statement 1 is incorrect)
They will clean up the balance sheets of banks and financial institutions. This helps banks to concentrate on normal banking activities.
Legal Basis: Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 provides the legal basis for the setting up of ARCs in India. (Statement 2 is incorrect)
Regulated by: ARCs function under the supervision and control of the Reserve Bank of India.
Incorrect
Asset Reconstruction Company (ARC) is a specialized financial institution. They will buy the Non-Performing Assets (NPAs) from banks and financial institutions. (Statement 1 is incorrect)
They will clean up the balance sheets of banks and financial institutions. This helps banks to concentrate on normal banking activities.
Legal Basis: Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 provides the legal basis for the setting up of ARCs in India. (Statement 2 is incorrect)
Regulated by: ARCs function under the supervision and control of the Reserve Bank of India.
- Question 10 of 10
10. Question
1 pointsCategory: current affairsConsider the following statements regarding Lok Adalats
- Lok Adalats are judicial Bodies.
- Any case pending before the Court cannot be referred to the Lok Adalat.
Which of the statements given above is/are correct?
Correct
Statement 1 is incorrect. Lok Adalat is one of the alternative dispute redressal mechanisms, it is a forum where disputes/cases pending in the court of law or at pre-litigation stage are settled/ compromised amicably. Lok Adalats have been given statutory status under the Legal Services Authorities Act, 1987.
Statement 2 is incorrect.
Nature of Cases to be Referred to Lok Adalat
- Any case pending before any court.
- Any dispute which has not been brought before any court and is likely to be filed before the court.
Provided that any matter relating to an offence not compoundable under the law shall not be settled in Lok Adalat.
Incorrect
Statement 1 is incorrect. Lok Adalat is one of the alternative dispute redressal mechanisms, it is a forum where disputes/cases pending in the court of law or at pre-litigation stage are settled/ compromised amicably. Lok Adalats have been given statutory status under the Legal Services Authorities Act, 1987.
Statement 2 is incorrect.
Nature of Cases to be Referred to Lok Adalat
- Any case pending before any court.
- Any dispute which has not been brought before any court and is likely to be filed before the court.
Provided that any matter relating to an offence not compoundable under the law shall not be settled in Lok Adalat.