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Daily Current Affairs Prelims Quiz - 04-01-2021 - (Online Prelims Test)

1) Which of the following statements are incorrect with respect to Digital Payment Index (DPI)

  1. It aims to reflect accurately the penetration and deepening of various digital payment modes.
  2. It is constructed by NITI Aayog with March 2018 as the base period.

Select the correct answer using the codes given below:

  • a. 
  • b. 
  • c. 
  • d. 
Answer : b

Digital Payment Index (DPI)

  • It is released by RBI with March 2018 as the base period.
  • The RBI-DPI comprises five broad parameters that enable the measurement of deepening and expansion of digital payments in the country over different time periods.
  • The parameters are including
  1. Payment Enablers (weight 25%),
  2. Payment Infrastructure -Demand-side factors and (10%),
  3. Payment Infrastructure – Supply-side factors (15%),
  4. Payment Performance (45%)
  5. Consumer Centricity (5%).
  • The RBI-DPI shall be published on RBI’s website on a semi-annual basis from March 2021 onwards with a lag of 4 months.

 

2) Consider the following statements with respect to National Police K-9 Journal

  1. It is the first such publication in the country on the subject of Police Service K9s (PSKs) i.e. Police Dogs.
  2. It is released annually by Union Home Affairs Ministry.

Which of the statement(s) given above is/are correct?

 

  • a. 
  • b. 
  • c. 
  • d. 
Answer : a

National Police K-9 Journal

  • Recently, the Union Home Minister has released the inaugural issue of the “National Police K-9 Journal”.
  • It is a unique initiative that will further enrich the subjects related to Police Service Dog (K-9) (PSK) teams in the country.
  • It is a biannual journal which will be released in April and October every year.
  • A special ‘Police K9 Cell’ was established in November 2019 under the Police Modernization Division of the Ministry of Home Affairs with the mandate of ‘Mainstreaming and Augmentation of Police Service K9s in the country’.

3) Which of the following statements are correct with respect to Geo Engineering

  1. It is a deliberate, large-scale intervention carried out in the Earth’s natural systems to reverse the impacts of climate change.
  2. LOHAFEX an ocean iron fertilization experiment is one of the geo-engineering initiative of India. 

Select the correct answer using the codes given below:

 

  • a. 
  • b. 
  • c. 
  • d. 
Answer : c

Geo Engineering

  • Climate engineering aka geoengineering is the deliberate and large-scale intervention in the Earth’s climate system, usually with the aim of mitigating the adverse effects of global warming.
  • Following are the few Geo-Engineering techniques
  1. Solar Radiation Management (SRM) - It refers to offsetting the warming effect of greenhouse gases by reflecting more solar radiation (sunlight) back into space.
  2. Carbon Dioxide Removal (CDR) - It refers to removing carbon dioxide gas (CO2) from the atmosphere and sequestering it for long periods of time.
  • LOHAFEX - is an ocean iron fertilization experiment to see if iron can cause algal bloom and trap carbon dioxide from the atmosphere.
  • It is jointly planned by the Council of Scientific and Industrial Research (CSIR) in India and the Helmholtz Foundation in Germany.

4) Consider the following statements with respect to Non-Nuclear Aggression Agreement

  1. It allows exchanging list of nuclear installations between India and China that prohibits them from attacking each other's atomic facilities.
  2. Nuclear installation under the agreement includes only nuclear power plants, Research reactors and Nuclear weapon facilities.

Which of the statement(s) given above is/are correct?

 

  • a. 
  • b. 
  • c. 
  • d. 
Answer : d

Non-Nuclear Aggression Agreement

  • It promotes practice of exchanging the list of nuclear installations was carried out under a bilateral arrangement that prohibits them from attacking each other's atomic facilities
  • The exchange was made in accordance with Article-II of the Agreement on Prohibition of Attacks against Nuclear Installations and Facilities between Pakistan and India.
  • According to Foreign Office (FO), the exercise is carried out consecutively since January 1, 1992.
  • The term "nuclear installation or facility" includes nuclear power and research reactors, fuel fabrication, uranium enrichment, isotopes separation and reprocessing facilities.
  • It covers any other installations with fresh or irradiated nuclear fuel and materials in any form and establishments storing significant quantities of radio-active materials.

5) Which of the following statements are incorrect with respect to Sukanya Samriddhi Yojana

  1. Under this scheme a savings account can be opened by legal guardians of the girl child below 14 years of age.
  2. The account holder can only withdraw 50% of the accumulated amount and use it only for the purpose of higher education.

Select the correct answer using the codes given below:

 

  • a. 
  • b. 
  • c. 
  • d. 
Answer : a

Sukanya Samriddhi Yojana

  • It enables guardians to open a savings account for their girl child with an authorised commercial bank or India Post branch.
  • The SSY account can be opened by legal guardians of the girl child provided the girl shouldn’t be more than 10 years of age.
  • The individuals can open an account with as low as Rs. 250 and they also have to invest a minimum of Rs. 250 to keep the account active.
  • The maximum amount that an individual can deposit per year in a Sukanya Samriddhi Yojana account is Rs. 1.5 Lakh.
  • The maturity period of an SSY account is 21 years.
  • An account holder (the girl) will be able to withdraw from her account once she reaches 18 years of age.
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