QUIZ – 2017: Insights Current Affairs Quiz, 29 April 2017

Solution: c.

• The Eurasian Economic Union comprises Russia, Belarus, Armenia, Kazakhstan and Kyrgyzstan.

In the news: India is set to formalise a free trade agreement with the Eurasian Economic Union, clearing the decks for negotiations on deepening trade relations with the five former Soviet republics.

Solution: d.
“The main concern expressed by Bhutanese citizen groups and politicians is over increased vehicular and air pollution in a country that prides itself on ecological consciousness. The upper house of parliament has refused to ratify the MVA that was originally signed by all four BBIN countries in 2015, and the official announcement indicates that Thimphu will not push the agreement ahead of elections in 2018.”

TH: No full stops;

Solution: c.

“The visa rule changes for Indian tech personnel weren’t wholly unexpected, especially after Brexit and Donald Trump’s victory in the U.S. on the back of, among other things, promises to put the brakes on outsourcing. Only, now governments are acting upon such rhetoric in some countries, including the U.S., the U.K. (Tier 2 Short term visa), Singapore and Australia.”

THBL: UK visa restrictions will hit 30,000 Indian techies;

TH: Facing up to IT;

Solution: a.

• On April 3, the government amended the Drugs & Cosmetic Rules, 2017 through a notification to make bioequivalence studies mandatory for certain classes of generic drugs (“highly soluble drugs”) manufactured in India.
• The challenge for the government is to balance its policy objectives of taking the power of the doctor away to prescribe brand name drugs with the reality that generic drugs in India are of questionable quality. The solution does not lie in more laws, but in providing more information to the consumer. Drug regulators in India have a vast trove of information on substandard drugs which they need to release into a searchable database. This is easier said than done because India has 36 drug regulators — one for each State/Union Territory and the Central regulator.

17^th April: IE;

TH: Generic medicines in a digital age;

Solution: b.

PIB;