Current Affairs Quiz 29 February 2024
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Current Affairs Quiz 29 February 2024
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- Question 1 of 5
1. Question
Consider the following statements:
1) Karnataka is the largest producer of coffee accounting for about 70% of the total coffee production in India.
2) The Coffee Board of India works under the administrative control of the Ministry of Agriculture & Farmers’ Welfare.
Which of the following statements is/are correct?CorrectMajor producers: Coffee is largely produced in the southern part of India.
o Karnataka is the largest producer accounting for about 70% of the total coffee production in India.
o Kerala is the second-largest producer accounting for about 23% and Tamil Nadu only 6%.
o Orissa and the northeastern areas also have a smaller proportion of production.Coffee Board of India
– The ‘Coffee Board’ was established through a Constitutional act “Coffee Act VII of 1942.
– Administrative control: The Ministry of Commerce and Industry.IncorrectMajor producers: Coffee is largely produced in the southern part of India.
o Karnataka is the largest producer accounting for about 70% of the total coffee production in India.
o Kerala is the second-largest producer accounting for about 23% and Tamil Nadu only 6%.
o Orissa and the northeastern areas also have a smaller proportion of production.Coffee Board of India
– The ‘Coffee Board’ was established through a Constitutional act “Coffee Act VII of 1942.
– Administrative control: The Ministry of Commerce and Industry. - Question 2 of 5
2. Question
Consider the following statements:
1) The Union Government has recently approved 100% FDI in the Space sector.
2) The Indian Space Economy is estimated at around 2-3% of global space economy.
Which of the following statements is/are correct?CorrectIndia and Space Sector
• The Indian Space Economy is estimated at around $8.4 billion (around 2-3% of global space economy).
o India has privatised space launches and is targeting a five-fold increase in its share of the global launch market.
o Recently, the Union Government approved 100% FDI in the Space sector.
• Budgetary Allocation: The Department of Space has received a nominal hike of 4% in its allocation in the Interim Union Budget for 2024-25, from ₹12,545 crore to ₹13,043 crore.
o It is expected that with the implementation of the Indian Space Policy 2023, $44 billion Indian space economy can be achieved by the year 2033.
• The number of Space Start-Ups have gone up, from just 1 in 2014 to 189 in 2023 as per DPIIT Start-Up India Portal.
o The investment in Indian Space Start-Ups has increased to $ 124.7 Million in 2023.The Entry Routes:
• Up to 74% under Automatic route: Satellites-Manufacturing & Operation, Satellite Data Products and Ground Segment & User Segment.
o Beyond 74% these activities are under government route.
• Up to 49% under Automatic route: Launch Vehicles and associated systems or subsystems, Creation of Spaceports for launching and receiving Spacecraft.
o Beyond 49% these activities are under government route.
• Up to 100% under Automatic route: Manufacturing of components and systems/ sub-systems for satellites, ground segment and user segment.IncorrectIndia and Space Sector
• The Indian Space Economy is estimated at around $8.4 billion (around 2-3% of global space economy).
o India has privatised space launches and is targeting a five-fold increase in its share of the global launch market.
o Recently, the Union Government approved 100% FDI in the Space sector.
• Budgetary Allocation: The Department of Space has received a nominal hike of 4% in its allocation in the Interim Union Budget for 2024-25, from ₹12,545 crore to ₹13,043 crore.
o It is expected that with the implementation of the Indian Space Policy 2023, $44 billion Indian space economy can be achieved by the year 2033.
• The number of Space Start-Ups have gone up, from just 1 in 2014 to 189 in 2023 as per DPIIT Start-Up India Portal.
o The investment in Indian Space Start-Ups has increased to $ 124.7 Million in 2023.The Entry Routes:
• Up to 74% under Automatic route: Satellites-Manufacturing & Operation, Satellite Data Products and Ground Segment & User Segment.
o Beyond 74% these activities are under government route.
• Up to 49% under Automatic route: Launch Vehicles and associated systems or subsystems, Creation of Spaceports for launching and receiving Spacecraft.
o Beyond 49% these activities are under government route.
• Up to 100% under Automatic route: Manufacturing of components and systems/ sub-systems for satellites, ground segment and user segment. - Question 3 of 5
3. Question
With reference to article 270, that provides for the scheme of distribution of net tax proceeds collected by the Union Government between the Centre and the States, which among the following taxes are included under it?
1) Corporation tax
2) Personal income tax
3) Cess and Surcharge levied by the Union Government.
4) Central GST
Which of the above statements is/are correct?CorrectThe Divisible Pool of Taxes:
• Article 270 of the Constitution provides for the scheme of distribution of net tax proceeds collected by the Union Government between the Centre and the States.
• These include corporation tax, personal income tax, Central GST, and the Centre’s IGST etc.
o It does not include cess and surcharge that are levied by the Union Government.
• States are provided grants-in-aid as per the recommendation of the FC, apart from the share of taxes.IncorrectThe Divisible Pool of Taxes:
• Article 270 of the Constitution provides for the scheme of distribution of net tax proceeds collected by the Union Government between the Centre and the States.
• These include corporation tax, personal income tax, Central GST, and the Centre’s IGST etc.
o It does not include cess and surcharge that are levied by the Union Government.
• States are provided grants-in-aid as per the recommendation of the FC, apart from the share of taxes. - Question 4 of 5
4. Question
With reference to Rip currents, consider the following statements:
1) They occur in constricted areas in bays and lagoons where there are no waves.
2) Submerged structures alter the flow of water, creating channels where these currents can develop.
Which of the following statements is/are correct?CorrectWhat are Rip currents?
• Rip currents are strong, narrow, seaward flows of water that extend from close to the shoreline to outside of the surf zone.
• They are found on almost any beach with breaking waves and act as “rivers of the sea,” moving sand, marine organisms, and other material offshore.
• They are a common and potentially dangerous coastal phenomenon.
Cause of Rip currents
• These currents often form when waves break near the shoreline.
• Submerged structures such as sandbars, jetties, or reefs alter the flow of water, creating channels where currents can develop.
• As waves approach the shore, they may converge and create imbalances in water distribution, leading to the formation of channels through which excess water flows back to the ocean.IncorrectWhat are Rip currents?
• Rip currents are strong, narrow, seaward flows of water that extend from close to the shoreline to outside of the surf zone.
• They are found on almost any beach with breaking waves and act as “rivers of the sea,” moving sand, marine organisms, and other material offshore.
• They are a common and potentially dangerous coastal phenomenon.
Cause of Rip currents
• These currents often form when waves break near the shoreline.
• Submerged structures such as sandbars, jetties, or reefs alter the flow of water, creating channels where currents can develop.
• As waves approach the shore, they may converge and create imbalances in water distribution, leading to the formation of channels through which excess water flows back to the ocean. - Question 5 of 5
5. Question
Consider the following statements about Sugarcane crop:
1) It can be grown on all varieties of well-drained soils ranging from sandy loam to clay loam.
2) Statutory Minimum Price (SMP) is the minimum price at which sugarcane is to be purchased by sugar mills from farmers.
Which of the following statements is/are correct?CorrectAbout Sugarcane
– It is a tall, perennial grass used to make sugar, ethanol and paper.
– Crop Conditions:
A. Temperature: Between 21-27°C with hot and humid climate.
B. Rainfall: Around 75-100 cm.
C. Soil Type: Deep rich loamy soil.
1. It can be grown on all varieties of soils ranging from sandy loam to clay loam given these soils should be well drained.
– Top Sugarcane Producing States: Uttar Pradesh, Maharashtra, Karnataka, Tamil Nadu, Bihar.
– The concept of Statutory Minimum Price (SMP) of sugarcane was replaced with the FRP of sugarcane for 2009-10 and subsequent sugar seasons with the amendment of the Sugarcane (Control) Order, 1966 in 2009.
A. Fair and remunerative price (FRP) is the minimum price at which sugarcane is to be purchased by sugar mills from farmers.
B. The FRP is fixed by the Union government (Cabinet Committee on Economic Affairs (CCEA)) on the basis of recommendations of the Commission for Agricultural Costs and Prices (CACP).IncorrectAbout Sugarcane
– It is a tall, perennial grass used to make sugar, ethanol and paper.
– Crop Conditions:
A. Temperature: Between 21-27°C with hot and humid climate.
B. Rainfall: Around 75-100 cm.
C. Soil Type: Deep rich loamy soil.
1. It can be grown on all varieties of soils ranging from sandy loam to clay loam given these soils should be well drained.
– Top Sugarcane Producing States: Uttar Pradesh, Maharashtra, Karnataka, Tamil Nadu, Bihar.
– The concept of Statutory Minimum Price (SMP) of sugarcane was replaced with the FRP of sugarcane for 2009-10 and subsequent sugar seasons with the amendment of the Sugarcane (Control) Order, 1966 in 2009.
A. Fair and remunerative price (FRP) is the minimum price at which sugarcane is to be purchased by sugar mills from farmers.
B. The FRP is fixed by the Union government (Cabinet Committee on Economic Affairs (CCEA)) on the basis of recommendations of the Commission for Agricultural Costs and Prices (CACP).
