Current Affairs Quiz 09 July 2022
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Current Affairs Quiz 09 July 2022 for UPSC Prelims
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- Question 1 of 5
1. Question
Consider the following statements with respect to Agriculture Infrastructure Fund
1. It is a medium – long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets.
2. Under the scheme, Rs. 1 Lakh Crore will be provided by banks and financial institutions as loans.
Which of the statement(s) given above is/are correct?CorrectAnswer : c
• The Agriculture Infrastructure Fund is a medium – long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and credit guarantee.
• The duration of the scheme shall be from FY2020 to FY2029 (10 years).
• Under the scheme, Rs. 1 Lakh Crore will be provided by banks and financial institutions as loans with interest subvention of 3% per annum and credit guarantee coverage under CGTMSE scheme for loans up to Rs. 2 Crore.
• The beneficiaries will include farmers, PACS, Marketing Cooperative Societies, FPOs, SHGs, Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Startups, and Central/State agency or Local Body sponsored Public-Private Partnership Projects.
• These assets will enable farmers to get greater value for their produce as they will be able to store and sell at higher prices, reduce wastage, and increase processing and value addition.IncorrectAnswer : c
• The Agriculture Infrastructure Fund is a medium – long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and credit guarantee.
• The duration of the scheme shall be from FY2020 to FY2029 (10 years).
• Under the scheme, Rs. 1 Lakh Crore will be provided by banks and financial institutions as loans with interest subvention of 3% per annum and credit guarantee coverage under CGTMSE scheme for loans up to Rs. 2 Crore.
• The beneficiaries will include farmers, PACS, Marketing Cooperative Societies, FPOs, SHGs, Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Startups, and Central/State agency or Local Body sponsored Public-Private Partnership Projects.
• These assets will enable farmers to get greater value for their produce as they will be able to store and sell at higher prices, reduce wastage, and increase processing and value addition. - Question 2 of 5
2. Question
Consider the following statements
1. In India, the category of Persons with disabilities are also socially backward.
2. They are entitled to the same benefits of relaxation as Scheduled Caste and Scheduled Tribe candidates in public employment and education.
Which of the statement(s) given above is/are correct?CorrectAnswer : c
• The Supreme Court, in a significant decision, confirmed that persons with disabilities are also socially backward.
• The decision highlighted Divyangjan are entitled to the same benefits of relaxation as Scheduled Caste and Scheduled Tribe candidates in public employment and education.
• SC upheld a 2012 judgment of the Delhi High Court in Anamol Bhandari vs. Delhi Technological University.IncorrectAnswer : c
• The Supreme Court, in a significant decision, confirmed that persons with disabilities are also socially backward.
• The decision highlighted Divyangjan are entitled to the same benefits of relaxation as Scheduled Caste and Scheduled Tribe candidates in public employment and education.
• SC upheld a 2012 judgment of the Delhi High Court in Anamol Bhandari vs. Delhi Technological University. - Question 3 of 5
3. Question
Consider the following statements with respect to the Competition Act, 2002
1. The Act prohibits, abuse of dominant position by enterprises and regulates acquisition which causes or likely to cause an appreciable adverse effect on competition only within India.
2. Competition Commission of India (CCI) is a statutory body responsible for enforcing the Competition Act, 2002
Which of the statement(s) given above is/are correct?CorrectAnswer : c
The Competition Act 2002, prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and M&A), which causes or likely to cause an appreciable adverse effect on competition within India.
The objectives of the Act are sought to be achieved through the Competition Commission of India, which has been established by this ActIncorrectAnswer : c
The Competition Act 2002, prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and M&A), which causes or likely to cause an appreciable adverse effect on competition within India.
The objectives of the Act are sought to be achieved through the Competition Commission of India, which has been established by this Act - Question 4 of 5
4. Question
Consider the following statements with respect to Atal Innovation Mission (AIM)
1. It is a flagship initiative set up by the Ministry of Skill Development and Entrepreneurship to promote innovation and entrepreneurship across the country.
2. ARISE, to stimulate innovation and research in the MSME industry is one of the major initiatives under AIM.
Which of the statement(s) given above is/are correct?CorrectAnswer : b
The AIM is a flagship initiative set up by the NITI Aayog to promote innovation and entrepreneurship across the length and breadth of the country.
ARISE – To stimulate innovation and research in the MSME industry, is one of the major initiative under AIM.
ARISE is an initiative to promote research, innovation and competitiveness of Indian startups and small enterprises.IncorrectAnswer : b
The AIM is a flagship initiative set up by the NITI Aayog to promote innovation and entrepreneurship across the length and breadth of the country.
ARISE – To stimulate innovation and research in the MSME industry, is one of the major initiative under AIM.
ARISE is an initiative to promote research, innovation and competitiveness of Indian startups and small enterprises. - Question 5 of 5
5. Question
Consider the following statements with respect to Tangams community
1. The Tangams are a community within the Adi tribe of Arunachal Pradesh.
2. As per the UNESCO World Atlas of Endangered Languages, Tangam, an oral language, is marked as critically endangered.
Which of the statement(s) given above is/are not correct?CorrectAnswer : d
• The Tangams are a little-known community within the larger Adi tribe of Arunachal Pradesh.
As per UNESCO World Atlas of Endangered Languages (2009), Tangam, an oral language that belongs to the Tani group, is marked ‘Critically Endangered’.IncorrectAnswer : d
• The Tangams are a little-known community within the larger Adi tribe of Arunachal Pradesh.
As per UNESCO World Atlas of Endangered Languages (2009), Tangam, an oral language that belongs to the Tani group, is marked ‘Critically Endangered’.
