06 November 2021 Current Affairs Quiz

Answer: C
Explanation
• Recently, the Ministry of Youth Affairs & Sports announced the National Sports Awards 2021 which comprises six different awards given to sportspersons of India by the Central Government. The awards are:
• Major Dhyan Chand Khel Ratna Award: Formerly known as the Rajiv Gandhi Khel Ratna, it is the highest award bestowed to a sports person in India and was instituted in the year 1991-1992. Hence, pair 1 is not correctly matched.
• It is given for the spectacular and most outstanding performance in the field of sports by a sportsperson over a period of the previous four years.
• Arjuna Award: It was instituted in 1961 by the Government of India to recognise outstanding achievement in national sports events.
• It is given for good performance over a period of previous four years and showing qualities of leadership, sportsmanship and a sense of discipline.
• Dronacharya Award: It was instituted in 1985 by the Government of India to recognise excellence in sports coaching.
• It is given to coaches for doing outstanding and meritorious work on a consistent basis and enabling sportspersons to excel in International events.
• Dhyan Chand Award: It was instituted in the year 2002 and comprises a Dhyan Chand statuette, a cash prize of Rs 10 lakh, a certificate and a ceremonial dress.
• It is given to honour sportspersons who have contributed to sports by their performance and continue to contribute to promotion of sports events after their retirement.
• Maulana Abul Kalam Azad Trophy: It was instituted in the year 1956-1957.
• It is for university-level sports performances. Hence, pair 2 is correctly matched.
• It is given to a university for “top performance in the inter-university tournaments” over the period of the last one year.
• Rashtriya Khel Protsahan Puruskar: It was instituted in the year 2009
• It is given to corporate entities (both in private and public sector), sports control boards, NGOs including sports bodies at the State and National level who have played a visible role in the area of sports promotion and development. Hence, pair 3 is correctly matched.
• Hence, option C is correct.

Answer: C

The Strait of Hormuz, located between Oman and Iran.
The Strait of Malacca or Straits of Malacca is a narrow stretch of water, 580 miles in length, between
the Malay Peninsula and the Indonesian island of Sumatra.

Answer: C
Explanation
• The Prompt Corrective Action (PCA) framework enables supervisory intervention of RBI over Banks at an appropriate time and ensures effective market discipline. Hence, statement 1 is correct.
• The framework applies to all banks operating in India, including foreign banks operating through branches or subsidiaries based on breach of risk thresholds of identified indicators. Hence, statement 2 is correct.
• However, payments banks and small finance banks (SFBs) have been removed from the list of lenders where prompt corrective action can be initiated.

Answer: C
Explanation
• East Asia Summit, established in 2005, is a forum of 18 regional leaders for strategic dialogue and cooperation on the key political, security, and economic challenges facing the Indo-Pacific region.
• It comprises the ten member states of the ASEAN (Association of Southeast Asian Nations) which are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
• It also includes 8 other countries; Australia, China, Japan, India, New Zealand, the Republic of Korea, Russia and the USA.
• It is an ASEAN-centred forum so it can only be chaired by an ASEAN member. Hence, statement 2 is correct.
• Brunei Darussalam is the chair for 2021.
• India and EAS:
• India is one of the founding members of the East Asia Summit. Hence, statement 1 is correct.
• At the East Asia Summit in Bangkok in November 2019, India had unveiled India’s Indo-Pacific Oceans Initiative (IPOI), which is aimed at forging partnerships to create a secure and stable maritime domain.

Answer: C

Ministry of AYUSH and M/s Invest India will form a collaboration to set up a strategic policy unit
called “Strategic Policy & Facilitation Bureau (SPFB)” to facilitate planned and systematic growth
of the Ayush Sector. Hence, option (c) is the correct answer.