10 PM Current Affairs Quiz #2 August 2, 2019

Explanation: Bandipur National Park was formed by including most of the forest areas of the then Venugopala Wildlife Park established under Govt. Notification dated 19th February 1941 and the area was enlarged in 1985 extending over an area of 874.20 Sq.Km and named as Bandipur National Park. This reserve was brought under Project Tiger in 1973. Subsequently some adjacent reserve forest areas were added to the reserve and extending to 880.02 Sq. Km. The present area under the control of Bandipur Tiger Reserve is 912.04 Sq. Km. An area of 39.80 Sq. Km of KFDC plantation area was handed over to this division during 2007-08. During 2010-11 the Nugu Wildlife Sanctuary was handed over to Wildlife Division, Mysore, and Karnataka.

Explanation: Started in 1948 by the US-based Institute of Supply Management, the Purchasing Managers’ Index, or PMI, has now become one of the most closely watched indicators of business activity across the world. PMI or a Purchasing Managers’ Index (PMI) is an indicator of business activity-both in the manufacturing and services sectors. It is a survey-based measure that asks the respondents about changes in their perception of some key business variables from the month before. It is calculated separately for the manufacturing and services sectors and then a composite index is constructed.

Explanation: HYDERABAD: City-based National Institute of Rural Development and Panchayati Raj (NIRDPR) are all set to host the Third Edition of Rural Innovators Startup Conclave (RISC) on September 27 and 28, 2019 at the institute’s campus in Rajendra nagar. The last date for submitting applications online (for rural innovators, startups and students) is August 30. The two-day unique conclave will serve as a platform to showcase a wide array of budding entrepreneurs, rural innovators and aspirant startups to demonstrate their design ideas, innovations, technologies, pitch, and get an opportunity to receive learning and mentoring support. Being introduced in the memory of late Dr APJ Abdul Kalam, RISC-2019 seeks to provide a platform to innovators and entrepreneurs to showcase their innovations and connect them with potential funding and network support. The best innovations and startups identified will be awarded cash prizes of one lakh rupees for startups and fifty thousand rupees for innovators.

Explanation: The International Seabed Authority is an autonomous international organization established under the 1982 United Nations Convention on the Law of the Sea and the 1994 Agreement relating to the Implementation of Part XI of the United Nations Convention on the Law of the Sea. The Authority is the organization through which States Parties to the Convention shall, in accordance with the regime for the seabed and ocean floor and subsoil thereof beyond the limits of national jurisdiction (the Area) established in Part XI and the Agreement organize and control activities in the Area, particularly with a view to administering the resources of the Area. The Authority, which has its headquarters in Kingston, Jamaica, came into existence on 16 November 1994, upon the entry into force of the 1982 Convention. The Authority became fully operational as an autonomous international organization in June 1996, when it took over the premises and facilities in Kingston, Jamaica previously used by the United Nations Kingston Office for the Law of the Sea. Meetings of the Authority are held at the Jamaica Conference Centre in downtown Kingston. There are one hundred and sixty eight (168) members of the International Seabed Authority as at 25 July 2017.

Explanation: The main objectives of the scheme are to:
(i) Create new jobs and reduce unemployment (ii) Promote entrepreneurship culture in India (iii) Boost Grassroots economic development at district level (iv) Facilitate innovative business solution for un-met social needs, and (v) Promote innovation to further strengthen the competitiveness of the MSME sector.