Current Affairs Quiz 27 August 2022
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Current Affairs Quiz 27 August 2022 for UPSC Prelims
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- Question 1 of 5
1. Question
Which of the following statements regarding MSP i.e. Minimum Support Price are Correct?
1) MSP is decided after sowing the crops
2) MSP is fixed by respective state governments
3) MSP is 1.5 times of the cost of production
Which of the above statement is/are correct?CorrectAns:- c) Only 3
Explanation:-
Statement 1 is not correct because , MSP is decided before sowing the crops , Statement 2 is not correct because the MSP is fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP), the Cabinet Committee on Economic Affairs (CCEA) of the Union government takes a final decision on the level of MSPs and other recommendations made by the CACP.
Statement 3 is correct because it is 1.5 times cost of production
IncorrectAns:- c) Only 3
Explanation:-
Statement 1 is not correct because , MSP is decided before sowing the crops , Statement 2 is not correct because the MSP is fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP), the Cabinet Committee on Economic Affairs (CCEA) of the Union government takes a final decision on the level of MSPs and other recommendations made by the CACP.
Statement 3 is correct because it is 1.5 times cost of production
- Question 2 of 5
2. Question
Which of following countries does not boarder Mediterranean sea?
CorrectAnswer: D
IncorrectAnswer: D
- Question 3 of 5
3. Question
Consider the following statements with respect to Enhanced Access and Service Excellence (EASE).
1. EASE Reforms Index measures performance of each PSB
2. It aims at institutionalizing clean and smart banking.
Which of the statement(s) given above is/are correct?CorrectAnswer : c
What is Enhanced Access and Service Excellence (EASE)?
• First launched in January 2018 jointly by the government and PSBs, Enhanced Access and Service Excellence aim at institutionalizing clean and smart banking. It was commissioned through Indian Banks’ Association and authored by the Boston Consulting Group.
• EASE is based on the recommendations made at the PSB Manthan held in November 2017.
• EASE Reforms Index: The Index measures performance of each PSB on 120+ objective metrics. The goal is to continue driving change by encouraging healthy competition among PSBs.
• PSBs have done well and come out of Prompt Corrective Action (PCA) despite service extended during the pandemic. PCA is a framework under which banks with weak financial metrics are put under watch by the RBI.
• PSBs have recorded phenomenal growth over four quarters since the launch of EASE 3.0 Reforms Agenda in February 2020.IncorrectAnswer : c
What is Enhanced Access and Service Excellence (EASE)?
• First launched in January 2018 jointly by the government and PSBs, Enhanced Access and Service Excellence aim at institutionalizing clean and smart banking. It was commissioned through Indian Banks’ Association and authored by the Boston Consulting Group.
• EASE is based on the recommendations made at the PSB Manthan held in November 2017.
• EASE Reforms Index: The Index measures performance of each PSB on 120+ objective metrics. The goal is to continue driving change by encouraging healthy competition among PSBs.
• PSBs have done well and come out of Prompt Corrective Action (PCA) despite service extended during the pandemic. PCA is a framework under which banks with weak financial metrics are put under watch by the RBI.
• PSBs have recorded phenomenal growth over four quarters since the launch of EASE 3.0 Reforms Agenda in February 2020. - Question 4 of 5
4. Question
The function of heavy water in a nuclear reactor is to related to which of the following ?
CorrectAns;- a) Slow down the speed of neutrons
Explanation;-
• The function of heavy water in a nuclear reactor is to slowing down the speed of neutrons.
• Heavy water is used in certain types of nuclear reactors, where it acts as a neutron moderator to slow down neutrons so that they are more likely to react with the fissile uranium-235 than with uranium-238, which captures neutrons without fissioning.
• Water cooled nuclear reactors slow neutrons down to “thermal” speed to increase the probability of their interactions with other nuclei.About Heavy Water
• Water containing significantly more than the natural proportions (one in 6,500) of heavy hydrogen (deuterium, D) atoms to ordinary hydrogen atoms.
• Heavy water is used as a moderator in some reactors because it slows down neutrons effectively and also has a low probability of absorption of neutrons.
• Heavy water is one of the two moderators that can be used which allow a nuclear reactor to operate using natural uranium. The other moderator is graphite.
• The heavy water is kept under pressure which increases its boiling point so that it can operate at high temperatures without boiling.
• In the laboratory heavy water is employed as an isotopic tracer in studies of chemical and biochemical processes.
• The heavy water is not manufactured, but rather it is extracted from the quantity that is found naturally in lake water. The water is separated through a series of towers, using hydrogen sulphide as an agent. Owing to AECLs CANDU programme, Canada is the world’s supplier of heavy water.IncorrectAns;- a) Slow down the speed of neutrons
Explanation;-
• The function of heavy water in a nuclear reactor is to slowing down the speed of neutrons.
• Heavy water is used in certain types of nuclear reactors, where it acts as a neutron moderator to slow down neutrons so that they are more likely to react with the fissile uranium-235 than with uranium-238, which captures neutrons without fissioning.
• Water cooled nuclear reactors slow neutrons down to “thermal” speed to increase the probability of their interactions with other nuclei.About Heavy Water
• Water containing significantly more than the natural proportions (one in 6,500) of heavy hydrogen (deuterium, D) atoms to ordinary hydrogen atoms.
• Heavy water is used as a moderator in some reactors because it slows down neutrons effectively and also has a low probability of absorption of neutrons.
• Heavy water is one of the two moderators that can be used which allow a nuclear reactor to operate using natural uranium. The other moderator is graphite.
• The heavy water is kept under pressure which increases its boiling point so that it can operate at high temperatures without boiling.
• In the laboratory heavy water is employed as an isotopic tracer in studies of chemical and biochemical processes.
• The heavy water is not manufactured, but rather it is extracted from the quantity that is found naturally in lake water. The water is separated through a series of towers, using hydrogen sulphide as an agent. Owing to AECLs CANDU programme, Canada is the world’s supplier of heavy water. - Question 5 of 5
5. Question
Island development agency is chaired by
CorrectAns. A
Island Development Agency
• The Union Government constituted the Island Development Agency on 1st June, 2017 for the development of islands.
• The meetings of the Agency is chaired by the Union Home Minister.Holistic Development of Islands Program
• For the first time in the country, under the guidance of IDA, an initiative of sustainable development in the identified Islands within scientifically-assessed carrying capacity has been taken-up.
• Development Plans with focus on creation of jobs for the islanders through tourism promotion as well as export of seafood and coconut-based products made in the Islands have been prepared and are being implemented in four islands of Andaman & Nicobar and five islands of Lakshadweep.
• In the second phase, suitable sites in 12 more islands of Andaman & Nicobar Islands and 5 islands in Lakshadweep have been covered.IncorrectAns. A
Island Development Agency
• The Union Government constituted the Island Development Agency on 1st June, 2017 for the development of islands.
• The meetings of the Agency is chaired by the Union Home Minister.Holistic Development of Islands Program
• For the first time in the country, under the guidance of IDA, an initiative of sustainable development in the identified Islands within scientifically-assessed carrying capacity has been taken-up.
• Development Plans with focus on creation of jobs for the islanders through tourism promotion as well as export of seafood and coconut-based products made in the Islands have been prepared and are being implemented in four islands of Andaman & Nicobar and five islands of Lakshadweep.
• In the second phase, suitable sites in 12 more islands of Andaman & Nicobar Islands and 5 islands in Lakshadweep have been covered.