Current Affairs Quiz 21 May 2024

Answer: C

What is a Surety Bond?
• A surety bond is a legally binding contract entered into by three parties—the principal, the obligee, and the surety.
• The obligee, usually a government entity, requires the principal, typically a business owner or contractor, to obtain a surety bond as a guarantee against future work performance.
• Surety bonds are mainly aimed at infrastructure development, mainly to reduce indirect cost for suppliers and work-contractors thereby diversifying their options and acting as a substitute for bank guarantee.
• Surety bond is provided by the insurance company on behalf of the contractor to the entity which is awarding the project.
• Surety bonds protect the beneficiary against acts or events that impair the underlying obligations of the principal. They guarantee the performance of a variety of obligations, from construction or service contracts to licensing and commercial undertakings.

Answer: C
Green Credit Programme:
• The Green Credit Programme introduces a system of incentives, known as “Green Credits,” for activities that have a positive impact on the environment.
• It complements the domestic Carbon Market in India, expanding beyond CO2 emission reductions to incentivize a wider range of sustainable actions.

Objectives:
• The Green Credit System aims to meet various environmental obligations, encouraging companies, individuals, and local bodies to undertake sustainable initiatives.
• Unlike the carbon market’s focus on CO2 emissions, the Green Credit Programme promotes broader environmental goals.

Tradable Credits:
• Green credits earned through sustainable activities will be tradable, allowing participants to sell them on a proposed domestic market platform.
• This creates a market-based approach to incentivize and reward environmentally beneficial actions.

Program Administrator:
• The Indian Council of Forestry Research and Education (ICFRE) will serve as the administrator of the Green Credit Programme.
• ICFRE will develop guidelines, processes, and procedures for the implementation of the programme, ensuring its effectiveness and integrity.

Ans: (d)

Ans: D

Explanation : Six official committees have so far estimated the number of people living in poverty in India — the working group of 1962; V N Dandekar and N Rath in 1971; Y K Alagh in 1979; D T Lakdawala in 1993; Suresh Tendulkar in 2009; and C Rangarajan in 2014

Ans: C

Brain Fog
• Brain fog is not a medical condition in itself but rather a symptom of other underlying medical conditions.
• It refers to a range of symptoms that can affect a person’s ability to think clearly.

Symptoms:
• Brain fog is characterized by confusion, forgetfulness, and a lack of focus or mental clarity.
• Examples of behaviors associated with brain fog include forgetting tasks, taking longer to complete simple tasks, feeling frequently distracted, and experiencing mental fatigue while working.

Causes:
• Brain fog is often linked to lifestyle factors that contribute to hormonal imbalances.
• Factors that may cause brain fog include exposure to electromagnetic radiation from electronic devices, stress reducing blood flow to the brain, lack of sleep and exercise, dietary issues like food allergies or sensitivities, exposure to toxins, pollution, chemical substances, insecticides, and certain medications.

Treatment:
• The treatment for brain fog depends on identifying and addressing the underlying cause.
• For instance, if the brain fog is related to anemia, taking iron supplements may help by increasing red blood cell production and reducing brain fog symptoms.