Current Affairs Quiz 05 October 2022
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Current Affairs Quiz 05 October 2022
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- Question 1 of 5
1. Question
Consider the following statements about the Universal Service Obligation Fund:
1) It was formed by an Act of Parliament
2) It comes under the Ministry of Finance
3) It is a non-lapsable fund credited to the Consolidated Fund of India.
Which of the above statements is/are correct?CorrectThe Universal Service Obligation Fund (USOF) was formed by an Act of Parliament, and was established in April 2002 under the Indian Telegraph (Amendment) Act 2003.
o It aims to provide financial support for the provision of telecom services in commercially unviable rural and remote areas of the country.
o It is an attached office of the Department of Telecom, and is headed by the administrator, who is appointed by the central government.
• Funding Pattern:
o USOF is a non-lapsable Fund.
o The Levy amount is credited to the Consolidated Fund of India.
o The fund is made available to USOF after due appropriation by the Parliament.IncorrectThe Universal Service Obligation Fund (USOF) was formed by an Act of Parliament, and was established in April 2002 under the Indian Telegraph (Amendment) Act 2003.
o It aims to provide financial support for the provision of telecom services in commercially unviable rural and remote areas of the country.
o It is an attached office of the Department of Telecom, and is headed by the administrator, who is appointed by the central government.
• Funding Pattern:
o USOF is a non-lapsable Fund.
o The Levy amount is credited to the Consolidated Fund of India.
o The fund is made available to USOF after due appropriation by the Parliament. - Question 2 of 5
2. Question
Consider the following statements about the Light Combat Helicopter:
1) It was jointly developed by India and US.
2) It is the only attack helicopter in the world which can land and take-off at an altitude of 5,000 m with a considerable load of weapons and fuel.
Which of the following statements is/are correct?CorrectLight Combat Helicopter
• LCH has been developed by Hindustan Aeronautics Ltd (HAL).
• The first prototype of the helicopter took first flight on March 29, 2010 and has since undergone extensive testing and evaluation.
• It is a state-of-the-art modern combat helicopter, primarily designed for deployment in high-altitude regions.
• It is the only attack helicopter in the world which can land and take-off at an altitude of 5,000 m with a considerable load of weapons and fuel.
• It has a range of 550 km and an operational ceiling of 6500 m.
• It is armed with air-to-air and air-to-ground missiles, 70 mm rockets and a 20 mm gun.IncorrectLight Combat Helicopter
• LCH has been developed by Hindustan Aeronautics Ltd (HAL).
• The first prototype of the helicopter took first flight on March 29, 2010 and has since undergone extensive testing and evaluation.
• It is a state-of-the-art modern combat helicopter, primarily designed for deployment in high-altitude regions.
• It is the only attack helicopter in the world which can land and take-off at an altitude of 5,000 m with a considerable load of weapons and fuel.
• It has a range of 550 km and an operational ceiling of 6500 m.
• It is armed with air-to-air and air-to-ground missiles, 70 mm rockets and a 20 mm gun. - Question 3 of 5
3. Question
Consider the following statements about Regional Rural Banks (RRBs):
1) It was established as per the recommendations of the Narasimham Committee
2) They are government-owned scheduled commercial banks of India
3) RRBs are not allowed to raise capital from sources other than the Centre, states and sponsor banks.
Select the correct answer using the code given below.CorrectRegional Rural Banks (RRBs):
• Regional Rural Banks (RRBs) were set up as government-sponsored, regional based rural lending institutions under the Regional Rural Banks Act, 1976.
• The RRBs were established as per the recommendations of the Narasimham Committee to cater to the rural credit needs of the farming and other rural communities.
• Regional Rural Banks (RRBs) are government-owned scheduled commercial banks of India that operate at the regional level in different states of India.
• The area of operation is limited to the area notified by the government of India covering, and it covers one or more districts in the State.
• The equity of the Regional Rural Banks is held by the stakeholders in a fixed proportion. This proportion is 50:35:15, distributed as:
Central Government – 50%
Sponsor Bank – 35%
State Government – 15%IncorrectRegional Rural Banks (RRBs):
• Regional Rural Banks (RRBs) were set up as government-sponsored, regional based rural lending institutions under the Regional Rural Banks Act, 1976.
• The RRBs were established as per the recommendations of the Narasimham Committee to cater to the rural credit needs of the farming and other rural communities.
• Regional Rural Banks (RRBs) are government-owned scheduled commercial banks of India that operate at the regional level in different states of India.
• The area of operation is limited to the area notified by the government of India covering, and it covers one or more districts in the State.
• The equity of the Regional Rural Banks is held by the stakeholders in a fixed proportion. This proportion is 50:35:15, distributed as:
Central Government – 50%
Sponsor Bank – 35%
State Government – 15% - Question 4 of 5
4. Question
With reference to Pradhan Mantri Awas Yojana (Gramin), consider the following statements:
1) It is a central sector scheme that is 100% funded by the Union government.
2) The scheme is implemented in rural areas throughout India.
3) Identification of beneficiaries will be done using information from Socio Economic and Caste Census (SECC).
Select the correct answer using the code given belowCorrectPradhan Mantri Awas Yojana (Gramin)
• 2016:
• It was launched by the Prime Minister in 2016 with the aim of constructing 2.95 crore houses.
• Objective:
• Under the scheme, financial assistance is provided for construction of pucca houses to all houseless and households living in dilapidated houses.
• Implementation:
• Implemented in rural areas throughout India except Delhi and Chandigarh.
• Funding Pattern:
• The cost of unit assistance is to be shared between Central and State Governments in the ratio 60:40 in plain areas and 90:10 for North Eastern and hilly states.
• The unit assistance given to beneficiaries under the programme is Rs 1, 20,000 in plain areas and to Rs 1, 30,000 in hilly states/difficult areas /Integrated Action Plan (IAP) for Selected Tribal and Backward Districts.
• Other features:
• The beneficiary is entitled to 90/95 days of unskilled labour from MGNREGA.
• The beneficiary would be facilitated to avail loan of up to Rs.70, 000/- for construction of the house which is optional.
• Funds will be transferred electronically directly to the account of the beneficiary.IncorrectPradhan Mantri Awas Yojana (Gramin)
• 2016:
• It was launched by the Prime Minister in 2016 with the aim of constructing 2.95 crore houses.
• Objective:
• Under the scheme, financial assistance is provided for construction of pucca houses to all houseless and households living in dilapidated houses.
• Implementation:
• Implemented in rural areas throughout India except Delhi and Chandigarh.
• Funding Pattern:
• The cost of unit assistance is to be shared between Central and State Governments in the ratio 60:40 in plain areas and 90:10 for North Eastern and hilly states.
• The unit assistance given to beneficiaries under the programme is Rs 1, 20,000 in plain areas and to Rs 1, 30,000 in hilly states/difficult areas /Integrated Action Plan (IAP) for Selected Tribal and Backward Districts.
• Other features:
• The beneficiary is entitled to 90/95 days of unskilled labour from MGNREGA.
• The beneficiary would be facilitated to avail loan of up to Rs.70, 000/- for construction of the house which is optional.
• Funds will be transferred electronically directly to the account of the beneficiary. - Question 5 of 5
5. Question
Consider the following statements about United Nations Convention on Combating Desertification (UNCCD)
1) India is a signatory to the UNCCD.
2) It is the sole legally binding international agreement linking environment and development to sustainable land management.
3) It aims to promote effective action through innovative national programmes and supportive international partnerships.
Select the correct answer using the code given belowCorrectUnited Nations Convention to Combat Desertification (UNCCD): It was established in 1994, the sole legally binding international agreement linking environment and development to sustainable land management.
• The Delhi Declaration of 2019, signed by 14th CoP of the UNCCD, called for better access and stewardship over land, and emphasised gender-sensitive transformative projects.
• India is a signatory to the UNCCD.
• India hosted the 14th session of Conference of Parties (COP 14) of United Nations Convention to Combat Desertification (UNCCD) in September 2019.
• India is striving towards achieving the national commitments of Land Degradation Neutrality (LDN) and restoration of 26 Million ha of degraded land by 2030 which focus on sustainable and optimum utilisation of land resources.
• Nodal Ministry for the Implementation: Ministry of Environment, Forest and Climate Change (MoEF&CC)IncorrectUnited Nations Convention to Combat Desertification (UNCCD): It was established in 1994, the sole legally binding international agreement linking environment and development to sustainable land management.
• The Delhi Declaration of 2019, signed by 14th CoP of the UNCCD, called for better access and stewardship over land, and emphasised gender-sensitive transformative projects.
• India is a signatory to the UNCCD.
• India hosted the 14th session of Conference of Parties (COP 14) of United Nations Convention to Combat Desertification (UNCCD) in September 2019.
• India is striving towards achieving the national commitments of Land Degradation Neutrality (LDN) and restoration of 26 Million ha of degraded land by 2030 which focus on sustainable and optimum utilisation of land resources.
• Nodal Ministry for the Implementation: Ministry of Environment, Forest and Climate Change (MoEF&CC)
