Current Affairs Quiz 07 August 2024
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Current Affairs Quiz 07 August 2024 for UPSC Prelims
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- Question 1 of 5
1. Question
With reference to Pradhan Mantri Fasal Bima Yojana, which of the following statements is/are correct?
1. The Pradhan Mantri Fasal Bima Yojana (PMFBY) launched on 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields.
2. PMFBY is in line with One Nation – One Scheme theme.
Select the correct answer using the code given below.CorrectAns: C
About Pradhan Mantri Fasal Bima Yojana (PMFBY)
• The Pradhan Mantri Fasal Bima Yojana (PMFBY) launched on 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields.
• PMFBY is in line with One Nation – One Scheme theme.
• The PMFBY will replace the existing two schemes National Agricultural Insurance Scheme as well as the Modified NAIS.
• The Scheme shall be implemented through a multi-agency framework by selected insurance companies under the overall guidance & control of the Department of Agriculture, Cooperation & Farmers Welfare (DAC&FW), Ministry of Agriculture & Farmers Welfare (MoA&FW), Government of India (GOI) and the concerned State in co-ordination with various other agencies.
• Premium cost over and above the farmer share is equally subsidized by States and the Central Government of India. However, the Central Government shares 90% of the premium subsidy for North Eastern States to promote the uptake in the region.Objectives
• To provide insurance coverage and financial support to the farmers in the event of failure of any of the notified crop as a result of natural calamities, pests & diseases.
• To stabilise the income of farmers to ensure their continuance in farming.
• To encourage farmers to adopt innovative and modern agricultural practices.
• To ensure flow of credit to the agriculture sector.IncorrectAns: C
About Pradhan Mantri Fasal Bima Yojana (PMFBY)
• The Pradhan Mantri Fasal Bima Yojana (PMFBY) launched on 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields.
• PMFBY is in line with One Nation – One Scheme theme.
• The PMFBY will replace the existing two schemes National Agricultural Insurance Scheme as well as the Modified NAIS.
• The Scheme shall be implemented through a multi-agency framework by selected insurance companies under the overall guidance & control of the Department of Agriculture, Cooperation & Farmers Welfare (DAC&FW), Ministry of Agriculture & Farmers Welfare (MoA&FW), Government of India (GOI) and the concerned State in co-ordination with various other agencies.
• Premium cost over and above the farmer share is equally subsidized by States and the Central Government of India. However, the Central Government shares 90% of the premium subsidy for North Eastern States to promote the uptake in the region.Objectives
• To provide insurance coverage and financial support to the farmers in the event of failure of any of the notified crop as a result of natural calamities, pests & diseases.
• To stabilise the income of farmers to ensure their continuance in farming.
• To encourage farmers to adopt innovative and modern agricultural practices.
• To ensure flow of credit to the agriculture sector. - Question 2 of 5
2. Question
Which of the following statements about Non-Performing Assests (NPA) are incorrect?
1. A non-performing loan is a loan that is in default or close to being in default.
2. Many loans become non-performing after being in default for 180 days, but this can depend on the contract terms.
Which of the statements given above is/are incorrect?CorrectAns;- b) Only 2
Explanation;-
• As question asked to choose incorrect the 2nd statement is incorrect because it is after 90 days it will be NPA not 180 days.
IncorrectAns;- b) Only 2
Explanation;-
• As question asked to choose incorrect the 2nd statement is incorrect because it is after 90 days it will be NPA not 180 days.
- Question 3 of 5
3. Question
Which of the following statements correctly describes the initiatives and activities of the Food and Agriculture Organization (FAO)?
1. The FAO is primarily focused on promoting commercial agriculture globally to boost economic development.
2. One of the FAO’s initiatives, the Globally Important Agricultural Heritage Systems (GIAHS), focuses on promoting agricultural systems that contribute to biodiversity conservation and sustainable livelihoods.
3. The Desert Locust Monitoring initiative by FAO is designed to manage and control desert locust populations worldwide.
4. The Codex Alimentarius Commission, operated by the FAO, is responsible for setting global standards in food safety and trade.
Which of the statements given above is/are correct?CorrectAnswer: B
Explanation:
• Statement 1 is incorrect because the FAO’s primary focus is on leading international efforts to eliminate hunger, not specifically promoting commercial agriculture.
• Statement 2 is correct. The GIAHS initiative recognizes and promotes agricultural systems that contribute to biodiversity conservation and sustainable livelihoods, reflecting the FAO’s focus on sustainable agricultural practices.
• Statement 3 is incorrect in stating the purpose. While the FAO monitors the global situation of desert locusts to address potential threats to crops, this initiative is more about monitoring and providing early warnings rather than managing or controlling locust populations directly.
• Statement 4 is correct. The Codex Alimentarius Commission is indeed responsible for implementing the Joint FAO/WHO Food Standards Programme, which sets international food safety and trade standards.IncorrectAnswer: B
Explanation:
• Statement 1 is incorrect because the FAO’s primary focus is on leading international efforts to eliminate hunger, not specifically promoting commercial agriculture.
• Statement 2 is correct. The GIAHS initiative recognizes and promotes agricultural systems that contribute to biodiversity conservation and sustainable livelihoods, reflecting the FAO’s focus on sustainable agricultural practices.
• Statement 3 is incorrect in stating the purpose. While the FAO monitors the global situation of desert locusts to address potential threats to crops, this initiative is more about monitoring and providing early warnings rather than managing or controlling locust populations directly.
• Statement 4 is correct. The Codex Alimentarius Commission is indeed responsible for implementing the Joint FAO/WHO Food Standards Programme, which sets international food safety and trade standards. - Question 4 of 5
4. Question
Consider the following statements regarding the Global Alliance for Improved Nutrition (GAIN):
1. GAIN was established in 2002 as part of a United Nations initiative and is headquartered in Geneva, Switzerland.
2. The primary mission of GAIN is to improve access to nutritious and safe food globally, particularly targeting vulnerable populations through public-private partnerships.
3. GAIN’s initiatives focus solely on enhancing food distribution systems without involvement in improving food quality along agricultural value chains.
Which of the statements given above is/are correct?CorrectAnswer: a) 1 and 2 only
Explanation:
• Statement 1 is correct as GAIN was indeed established as a United Nations initiative in 2002 and is headquartered in Geneva.
• Statement 2 is correct as it accurately reflects GAIN’s mission to make nutritious and safe food more accessible, especially for vulnerable populations, and highlights their method of forming public-private partnerships to facilitate this distribution.
• Statement 3 is incorrect because GAIN also works on enhancing food quality along agricultural value chains, not just focusing on distribution systems. This is done through partnering with local enterprises, which is a significant aspect of their operations.IncorrectAnswer: a) 1 and 2 only
Explanation:
• Statement 1 is correct as GAIN was indeed established as a United Nations initiative in 2002 and is headquartered in Geneva.
• Statement 2 is correct as it accurately reflects GAIN’s mission to make nutritious and safe food more accessible, especially for vulnerable populations, and highlights their method of forming public-private partnerships to facilitate this distribution.
• Statement 3 is incorrect because GAIN also works on enhancing food quality along agricultural value chains, not just focusing on distribution systems. This is done through partnering with local enterprises, which is a significant aspect of their operations. - Question 5 of 5
5. Question
Consider the following statements regarding Influenza viruses:
1. They have a double-stranded segmented DNA genome.
2. It is transmitted primarily by droplets or respiratory secretions of infected persons.
3. Influenza D viruses primarily affect cattle and are not known to infect or cause illness in people.
Which of the statements given above is/are correct?CorrectAnswer: C
Influenza viruses belong to the family Orthomyxoviridae and have a single-stranded segmented
RNA genome. Hence statement 1 is not correct.IncorrectAnswer: C
Influenza viruses belong to the family Orthomyxoviridae and have a single-stranded segmented
RNA genome. Hence statement 1 is not correct.
