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Daily Prelims Test – 08_November 2020

Global Polio Eradication Initiative is led by the

1.World Bank

2.United Nations Economic and Social Council

3.Amnesty International

4.World Health Organization

Answer: (d) World Health Organization

Explanation:

In NEWS: Need emergency action to avert measles and polio epidemics, warn UN bodies

  • The UNICEF and World Health Organization (WHO) November 6, 2020 called for action to avert measles and polio epidemics as the novel coronavirus disease (COVID-19) continued to disrupt immunisation services across the world.
  • The United Nations’ bodies had warned of an alarming decline in the number of children receiving life-saving vaccines around the world due to disruptions in the delivery and uptake of immunisation services. They had also warned the disruptions could threaten to reverse hard-won progress to immunise more children and adolescents.
  • The Global Polio Eradication Initiative (GPEI), of which WHO and UNICEF are the implementing agencies, had estimated budget for outbreak response.
  • Gavi, an international organisation that improves access to new and underused vaccines for children in the world’s poorest countries, bases eligibility on national income

About Global Polio Eradication Initiative

  • The Global Polio Eradication Initiative is an initiative created in 1988, just after the World Health Assembly resolved to eradicate the disease poliomyelitis. Led by the World Health Organization. Hence option (d) is correct
  • The Global Polio Eradication Initiative is a public-private partnership led by national governments with five partners – the World Health Organization (WHO), Rotary International, the US Centers for Disease Control and Prevention (CDC), the United Nations Children’s Fund (UNICEF), Bill & Melinda Gates Foundation and Gavi, the vaccine alliance. Its goal is to eradicate polio worldwide.
  • Global Polio Eradication Initiative (GPEI) partners work all across the globe to ensure no child is paralyzed by polio ever again.

Source: https://www.downtoearth.org.in/news/health/need-emergency-action-to-avert-measles-and-polio-epidemics-warn-un-bodies-74124


Consider the following statements regarding Co-Lending Model (CLM) scheme

1.It has launched by the Reserve Bank of India

2.Under this scheme, banks can provide loans along with Non-Banking Finance Companies (NBFCs) to priority sector borrowers based on a prior agreement.

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

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: RBI announces co-lending scheme for banks, NBFCs for priority sector

  • The Reserve Bank on Thursday came out with a Co-Lending Model (CLM) scheme under which banks can provide loans along with NBFCs to priority sector borrowers based on a prior agreement. Hence statements 1 and 2 are correct
  • The CLM, which is an improvement over the co-origination of loan scheme announced by the RBI in September 2018, seeks to provide greater flexibility to the lending institutions, the Reserve Bank of India
  • All transactions (disbursements/ repayments) between the banks and NBFCs relating to CLM have to be routed through an escrow account maintained with the banks, to avoid intermingling of funds.
  • Escrow accounts are a financial instrument in which an asset or escrow money is held by a third party on behalf of two other parties that are in the process of completing a transaction.
  • NBFCs shall be required to retain a minimum of 20% share of the individual loans on their books.
  • The CLM shall not apply to foreign banks (including WOS) with less than 20 branches.
  • With regard to grievance redressal, RBI said suitable arrangement must be put in place by the co-lenders to resolve any complaint registered by a borrower with the NBFC within 30 days.

Source: https://www.business-standard.com/article/pti-stories/rbi-announces-co-lending-scheme-for-banks-nbfcs-for-priority-sector-120110501320_1.html


Consider the following statements

1.Assam shares their borders with all the north eastern states of India and West Bengal.

2.Meghalaya shares their border with only the state of Assam and West Bengal.

3.Assam does not share the border of any international country other than Bangladesh and Bhutan

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

  1. 1 and 2 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. 1, 2 and 3

Answer: (c) 1 and 3 only

Explanation:

In NEWS: Assam raises border issues with Arunachal Pradesh

  • Assam shares their borders with all the north eastern states of India and West Bengal.
  • Meghalaya shares their border with only the state of Assam. Hence statement 2 is incorrect.
  • Assam does not share the border of any international country other than Bangladesh and Bhutan.

Source: https://www.thehindu.com/news/national/other-states/after-the-row-with-mizoram-assam-raises-border-issue-with-arunachal/article33041756.ece


Consider the following statements regarding Software Technology Parks of India

1.It is an autonomous Society set up by the Ministry of Electronics and Information Technology for encouraging, promoting and boosting the Software Exports from India.

2.It is aimed at supporting 50 startups working on electronics product designing and development over the next five years.

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

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation:

In NEWS: STPI invests 400 cr. in office, connectivity infra

  • The Software Technology Parks of India (STPI) is investing up to ₹400 crore in setting up office and connectivity infrastructure across several cities, offering small technology firms a ‘plug-and-play’ facility.
  • STPI is expanding infrastructure in cities such as Darbhanga, Bhagalpur, Deoghar, Koraput, Kohima, Thiruvananthapuram and Kochi.
  • Each of these locations would host seats covering 10,000-40,000 sq.ft. of IT grade infrastructure.
  • Other cities in which work on incubation infrastructure was either completed or was in progress included Mohali, Srinagar, Prayagraj, Bengaluru, Vijayawada, Bhubaneshwar, Agartala, Jaipur, Ranchi, Kolkata and Nagpur.

About Software Technology Parks of India

  • It is an Autonomous Society set up by the Ministry of Electronics and Information Technology in 1991 for encouraging, promoting and boosting the Software Exports from India. Hence statement 1 is correct
  • It maintains internal engineering resources to provide consulting, training and implementation services.
  • Services cover Network Design, System Integration, Installation, Operations and maintenance of application networks and facilities in varied areas.
  • STPI has established a joint venture to set up an ‘Electropreneur Park’ with the India Electronics and Semiconductor Association (IESA).
  • Aimed at supporting 50 startups working on electronics product designing and development over the next five years. Hence statement 2 is correct
  • It is also offering grants and incubation opportunities to start-ups as part of its Next Gen Incubation Scheme.
  • In collaboration with the private sector, the agency is also aiming to raise funds for the scheme.

Source: https://www.thehindu.com/business/Industry/stpi-invests-400-cr-in-office-connectivity-infra/article33034565.ece/amp/


With reference to Flexi-cap scheme, which of the following statement is correct?

1.Flexi-cap funds that would have invest a minimum of 65% of total assets in equity, and allowed fund houses to rename existing schemes to the new category.

2.Flexi-cap funds will have 25% minimum allocation in large caps, midcaps and small caps

3.Reserve Bank of India introduced the Flexi cap fund

4.None of the above statements are correct.

Answer: (a) Flexi-cap funds that would have invest a minimum of 65% of total assets in equity, and allowed fund houses to rename existing schemes to the new category.

Explanation:

In NEWS: SEBI allows new fund category

  • The Securities and Exchange Board of India has introduced a new category of mutual funds that can invest freely across large-, mid- and small-cap stocks, less than two months after a rule change sparked fears that some funds could be forced to reallocate their holdings. Hence option (c) is not the correct answer
  • SEBI in September sought an equal allocation of 25% for large-, mid- and small-cap shares in so-called multi-cap funds that manage assets worth about $20 billion in a bid to make their investments true to the name of the scheme.
  • Flexi-cap funds that would have invest a minimum of 65% of total assets in equity, and allowed fund houses to rename existing schemes to the new category. Hence option (a) is the correct answer.
  • Multi cap funds will have 25% minimum allocation in largecaps, midcaps and smallcaps. Hence option (b) is not correct.

Source: https://www.thehindu.com/business/Economy/sebi-allows-new-fund-category/article33048997.ece#:~:text=The%20Securities%20and%20Exchange%20Board,forced%20to%20reallocate%20their%20holdings.


With reference to Gandhian Young Technological Innovation awards, consider the following statements

1.The Gandhian Young Technological Innovation (SITARE-GYTI) awards are given every year to the most promising technologies developed by the students in life sciences, biotechnology, agriculture, medical devices

2.Sustainable Technological Innovations-Gandhian Young Technological Innovation (SRISTI-GYTI) awards are given to students in other engineering disciplines.

3.The awards and appreciations are given under these two categories to encourage technology students to move towards setting up Biotech and other start-ups.

Select the incorrect answer using the code given below:

  • 1 only
  • 2 and 3 only
  • 3 only
  • 1, 2 and 3

Answer: (d) 1, 2 and 3

Explanation:

In News: Dr Harsh Vardhan Presents Gandhian Young Technological Awards In Two Categories Virtually

Union Minister of Science & Technology gave away Gandhian Young Technological Awards in two categories -SITARE-GYTI and SRISTI-GYTI awards.

  • Gandhian Young Technological Innovation awards constitute two categories of awards:
  • Students Innovations for Advancement of Research Explorations – Gandhian Young Technological Innovation (SITARE-GYTI) under Biotechnology Industry Research Assistance Council (BIRAC), Department of Biotechnology (DBT) and
  • Sustainable Technological Innovations-Gandhian Young Technological Innovation (SRISTI-GYTI) given by SRISTI.
  • The awards and appreciations are given under these two categories to encourage technology students to move towards setting up Biotech and other start-ups.
  • The SITARE-GYTI awards are given every year to the most promising technologies developed by the students in life sciences, biotechnology, agriculture, medical devices etc.
  • SRISTI-GYTI awards are given to students in other engineering disciplines. Hence all the given above statements are correct.

Source: https://www.ndtv.com/education/dr-harsh-vardhan-presents-gandhian-young-technological-awards-in-two-categories-virtually


Consider the following statements

1.Unlike the President of India, the American President holds the office for 4 years.

2.Unlike the U.S. President, there is no limitation for re electing the president of India.

3.Both American and Indian President can only be removed from office through impeachment.

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

  1. 1 only
  2. 2 and 3 only
  3. 2 only
  4. None of the above

Answer: (d) None of the above

Explanation:

In NEWS: Joe Biden elected 46th President of the United States

  • US president is more or less directly elected whereas the Indian president is indirectly elected. The advantage of the directly elected head of the government is the stability of the government. Unlike Indian Prime Minister American President is not overpowered by the “compulsions of coalition politics”
  • The US President is both the Head of the State and Head of the Government, whereas the Indian president is only the head of the State. The President of the US is the real executive.
  • American President holds the office for 4 years and he can seek re-election only once, while the Indian president holds the office for 5 years and is eligible for re-election any number of times. Hence statement 1 and statement 2 is correct.
  • Both the American and Indian Presidents can only be removed from the office through impeachment. In India either house can initiate impeachment proceedings against the president and with the concurrence of the other house can impeach the President. In US the power to impeach solely lies with the Senate (upper house). Hence statement 3 is correct.

Source: https://www.thehindu.com/news/international/joe-biden-elected-us-president-networks/article33049001.ece


Consider the following Pairs

1.PSLV c48 –           RISAT-2BR1

2.PSLV c49 –           EOS-01

3.PSLV c47 –           CARTOSAT-3

4.PSLV c45 –           EMISAT

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

  1. 1 and 4 only
  2. 1 and 2 only
  3. 1 and 3 only
  4. 1, 2, 3 and 4

Answer: (d) 1, 2, 3 and 4

Explanation:

In NEWS: India launches earth observation satellite EOS-01, nine other satellites

  • PSLV c48 –           RISAT-2BR1
  • PSLV c49 –           EOS-01
  • PSLV c47 –           CARTOSAT-3
  • PSLV c45 –           EMISAT Hence all the given pair is correct.

Source: https://www.thehindu.com/sci-tech/science/pslv-c49-with-latest-earth-observation-satellite-eos-01-9-others-lifts-off/article33047287.ece


Which of the following protected areas not located in Arunachal Pradesh?

1.Dihang Dibang biosphere reserve

2.Namdapha Tiger Reserve

3.Mouling National Park

4.Orang National Park

5.Pakke Tiger Reserve

Select the correct answer using the code given below:

  • 1 and 2 only
  • 2 and 3 only
  • 3 and 5 only
  • 4 only

Answer: (d) 4 only

Explanation:

In News: COVID-19 insurance for frontline staff of Arunachal tiger habitat

Recently, Pakke Tiger Reserve (PTR) in Arunachal Pradesh has become the first in the eight-State northeast to provide insurance cover against Covid-19 for “green soldiers”.

  • Eight-State northeast includes Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.

Other Protected Areas in Arunachal Pradesh:

Orang National Park is located in the state of Assam.

Source:https://www.thehindu.com/news/national/other-states/covid-19-insurance-for-frontline-staff-of-arunachal-tiger-habitat/article33039421.ece


One common agreement between Gandhism and Marxism is

a.the final goal of a stateless society

b.lass struggle

c.bolition of private property

d.conomic determinism

Answer: (a) the final goal of a stateless society

Explanation:

The similarity and dissimilarity between Gandhism and Marxism are as under: (1) Conception of Ideal State: There is a great similarity between Mahatma Gandhi and Kart Marx. However, while the final aim of both them it the establishments of a stateless and classless society, their means for achieving this aim are different. Mahatma Gandhi wanted to achieve this end through non-violent means but Marx wanted to achieve it through violent means. (2) Capitalism: Though both Mahatma Gandhi and Karl Marx were opposed to capitalism and exploitation, yet they propagated different means to remove capitalism not by violent means but through economic decentralization, by encouraging cottage industries, and by making the capitalist trustees. Hence option (a) is correct