Current Affairs Quiz 29 July 2022

Answer: C

What is the Universal Service Obligation Fund (USOF)?
o The Universal Service Obligation Fund (USOF) was established with the primary objective of providing access to ‘Basic’ telecom services to people in the remote and rural areas at reasonable and affordable prices.
o Universal Service stands for universal, interdependent and intercommunicating, affording the opportunity for any subscriber to any exchange to communicate with any other subscriber of any other exchange.
o The USOF proposes to meet its social, economic, political and constitutional objectives which are as follows:
○ To extend the telecommunication network.
○ To stimulate the uptake of Internet and Communication Technologies (ICT) services.
○ To bring the underserved and unserved areas of the country into the telecom spectrum and narrow down the access gap.
○ To use the pooled USO levy for an equitable distribution through target subsidies.
o Subsequently, the scope was widened to provide subsidy support for enabling access to all types of telegraph services including mobile services, broadband connectivity, and creation of infrastructure like Optical Fiber Cable (OFC) in rural and remote areas.
o With access to affordable telecom services in remote and rural areas, the USOF is the right step towards stemming urban migration. This would ensure to generate employment opportunities in the rural areas which would help generate more income.

Who are the partners of USOF?
As per the Department of Telecommunications, there are 24 partners of USOF. It includes:
o Bharat Sanchar Nigam Limited
o Tata Tele Services Limited
o Reliance Communications Limited
o Vodafone
o Bharti Airtel Limited, etc.

Answer: B

Ans;- c) 3 and 4

Explanation;-

Sectors in the Indian economy where FDI is not allowed are:
• Atomic Energy Generation
• Cigars, Cigarettes, or any related tobacco industry
• Lotteries (online, private, government, etc)
• Investment in Chit Funds

Answer : C

What is retinoblastoma?
• It is the most common cancer in the eye (malignant tumor) in small children.
• It can occur in one or both eyes and may be hereditary or sporadic.
• It can be life-threatening as well as take away vision if not treated timely and is detected by seeing White Reflex (WR).

Symptoms
• White Reflex in the eye: Pupil that looks white or yellow instead of red when light hits it.
• Squinting: A crossed eye, looking either toward the nose or towards the ear.
• Poor vision with or without WR. The eye may be red or painful also.

Retinoblastoma disease burden
• Nearly 1,500-2,000 children are diagnosed with retinoblastoma every year in India.
• The majority of these children belong to lower socio-economic strata of society and nearly 60 per cent of these patients have advanced disease at presentation.
• It is associated with low treatment and survival rates which are due to lack of awareness, social stigma, poor access to care, high cost of treatment, lack of infrastructure, health professionals, good treatment protocols, quality drugs, diagnostics, and supportive care.
• Financial help is forthcoming from various poor patient funds, government schemes, state cancer funds of Punjab and Haryana, and NGOs.

How is retinoblastoma detected?
• Ocular ultra-sonography and fundus examination are the immediate OPD procedures.
• Its extent is determined by Magnetic Resonance Imaging (MRI) and systemic staging investigations (bone marrow biopsy, CSF, and whole-body PET scan).

Answer : a
• The Union Cabinet decided to bring all Co-Operative Banks under the Reserve Bank of India supervision through an ordinance.
• In India, Co-Operative Banks are registered under the States Cooperative Societies Act.
• They also come under the regulatory ambit of the RBI under two laws, namely, the Banking Regulations Act, 1949, and the Banking Laws (Co-operative Societies) Act, 1955.
• Not all sections of banking regulation act are applicable to cooperative banks.
• All scheduled commercial banks, Primary (Urban) Co-operative Banks and State and Central Co-operative Banks are required to maintain stipulated level of Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)