25th September 2020, Static Quiz on Indian Economy

Solution: c)
Justification : It is a fully automated and comprehensive data gathering, invoicing and collection service which eliminates inaccuracies, errors and delays for better revenue management. SkyRev360 has been developed in collaboration with the International Air Transport Association (IATA) under the Government of India’s Make in India initiative. The solution gathers 100% of your flight data and produces comprehensive billing data. SkyRev360 automates data processing, helping ANSPs overcome strenuous manual processes which are prone to mistakes. In this way: The IATA team handles all queries and disputes related to billing and collection from your air operators. Incident reports, airspace usage, traffic volumes, economic values and more are always at your fingertips.

Solution: a)
Justification: Open sky agreement was signed in accordance with the National Civil Aviation Policy (NACP), 2016. The NACP permits the government to enter into an ‘open sky’ air services agreement on a reciprocal basis with SAARC nations as well as countries with territory located entirely beyond a 5,000 kilometer radius from New Delhi. In 2003, India had signed an open sky agreement with the 10-member Association of South East Asian Nations (ASEAN). Last year, India signed an open sky agreement with Greece, Jamaica, Guyana, Czech Republic, Finland, Spain and Sri Lanka. India also signed a bilateral open sky agreement with the US in 2005. The agreement will not only encourage connectivity and passenger travel between the two countries, but will also result in reduction in airfares on these routes.

Solution: b)
Justification: Statement 1, 2 and 3: UPI is a payments protocol built by government-backed NPCI and regulated by the RBI. It facilitates fund transfer without putting details of card details, net banking, IFSC code, wallet password etc.
Statement 4: SWIFT code is used for international banking transactions. It is not mandatory for domestic transactions.

Solution: c)
Justification: Statement 1: Bharat Bill Payment System (BBPS) system provides multiple payment modes and instant confirmation of payment. The policy guidelines for the BBPS system were issued by the Reserve Bank of India on November 28, 2014. The BBPS will operate as a tiered structure with a single Bharat Bill Payment Central Unit (BBPCU) and multiple Bharat Bill Payment Operating Units (BBPOUs). National Payment Corporation (NPCI) has been identified to act as BBPCU. It will be an authorized entity under the Payment and Settlement Systems Act, 2007.
Statement 2: Banks and non-bank entities presently engaged in any of the bill payment activities falling under the scope of BBPS and desirous of continuing the activity are mandatorily required to apply for
approval / authorisation to Reserve Bank of India under the Payment and Settlement Systems (PSS) Act 2007. The entity should be a company incorporated in India and registered under the Companies Act 1956/ Companies Act 2013. In case of any Foreign Direct Investment (FDI) in the applicant entity, necessary approval from the competent authority.

Solution: d)
Justification:
Statement 1: UN-Habitat’s Cities and Climate Change Initiative (CCCI) is the Agency’s flagship Initiative supporting cities in emerging and developing countries to address the climate challenge. The Initiative supports cities responding to the negative impact of climate change that is already being felt worldwide, to put in place appropriate mitigation measures. CCCI places emphasis on participatory processes, sound analysis, sustainable urban planning, good governance, responsive leadership, and practical initiatives at all levels.

Statement 2: UN-Habitat’s City Prosperity Initiative (CPI) is a global initiative that enables city authorities, as well as local and national stakeholders, to identify opportunities and potential areas of intervention for their cities to become more prosperous. Its composite index made of six dimensions serves to define targets and goals that can support the formulation of evidence-based policies, including the definition of city-visions and long- term plans that are both ambitious and measurable. The CPI is both a metric and a policy dialogue, which offers cities from developed and developing countries the possibility to create indicators and baseline information, often for the first time.

Statement 3: Facilitated by UN-Habitat, Global Land Tool Network (GLTN) is an alliance of global, regional and national partners contributing to poverty alleviation through the promotion of land reform, improved land management and security of tenure by developing and disseminating pro- poor and gender-responsive land tools.

Solution: a)
Justification: Statement 2: The documents are recommendatory in nature. They are not rules or regulations.
Statement 1: They provide implementation guidance to food businesses (especially the small and medium businesses) involved in manufacturing, packing, storage and transportation to ensure that critical food safety related aspects are addressed throughout the supply chain. These documents are based on Schedule 4 of Food Safety & Standards (Licensing & Registration of Food Businesses) Regulation, 2011. They also provide the basic knowledge and criteria for implementation of Hazard Analysis and Critical Control Point (HACCP) system by the food businesses. Sample HACCP Plans have been taken from some established practicing industries. These plans could be used as reference by the industry and modified or altered based on their operations.

Solution: c)
Justification: To bring in transparency in food safety inspection and sampling, FSSAI has put in place a nationwide online platform called ‘FoSCoRIS’. ‘FoSCoRIS’ will help verify compliance of food safety and hygiene standards by food businesses as per the government norms. The new system will bring together all key stakeholders — food businesses, food safety officers (FSOs), designated officers, state food safety commissioners — on a nation-wide IT platform and data related to inspection, sampling and test result data will be shared seamlessly by all the officials. This system will give a clear picture to the FSSAI on the real-time basis and helps eliminate any discrepancy, hence inspection is accountable. The system will ease out the process of sample collection, make it transparent and traceable and controls the quality of compliances.

Solution: b)
Justification: The objective of the scheme is to provide effective and seamless backward and forward integration for processed food industry by plugging the gaps in supply chain in terms of availability of raw material and linkages with the market. Under the scheme, financial assistance is provided for setting up of primary processing centers/ collection centers at farm gate and modern retail outlets at the front end along with connectivity through insulated/ refrigerated transport.
S2 and 3: The Scheme is applicable to perishable horticulture and non-horticulture produce such as fruits, vegetables, dairy products, meat, poultry, fish, Ready to Cook Food Products, Honey, Coconut, Spices, Mushroom, Retails Shops for Perishable Food Products etc. The Scheme would enable linking of farmers to processors and the market for ensuring remunerative prices for agri produce based on such an infrastructure.
S4: The scheme is implemented by agencies/ organizations such as Govt./ PSUs/ Joint Ventures/ NGOs/ Cooperatives/ SHGs / FPOs / Private Sector / individuals etc. The Ministry has engaged Technical Agencies (TAs) for assisting farmer/ producer groups including Farmer Producer Companies, Farmer Producer Organization, Self Help Groups to facilitate their participation under the Scheme. The TAs are responsible for preparation of Business Plan, Detail Project Report, Capacity Building, Trainee and other related support services.

Solution: a)
Justification: This ambitious Zero Hunger Programme focuses on agriculture, nutrition and health. The Programme is initiated by the Indian Council of Agricultural Research (ICAR) in association with the Indian Council of Medical Research (ICMR), the M S Swaminathan Research Foundation and the Biotechnology Industry Research Assistance Council (BIRAC). The programme consists of organizations of farming system for nutrition, setting up genetic gardens for bio-fortified plants and initiation of ‘Zero Hunger’ training. The Programme initially was launched in three districts – Gorakhpur (Uttar Pradesh), Koraput (Odisha) and Thane (Maharashtra). More districts will be covered in future. These three districts will act as model of integrated approach to deal with hunger and malnutrition by adopting suitable agricultural or horticultural practices

Solution: a)
Justification: The Codex Alimentarius Commission is the central part of the Food Standards Programme. The Codex alimentarius is a collection of internationally adopted food standards presented in a uniform manner. These food standards aim at protecting consumer’s health and ensuring fair practices in the food trade.