QUIZ – 2017: Insights Current Affairs Quiz, 21 June 2017

Solution: b.

Based on THIS press communique, option ‘b’ is incorrect (a sitting governor is not deemed to have vacated his office on the date his nomination is filed for election to the office of the President). Other statements are correct.

Indian Polity by M Laxmikanth;

Solution: a.

The United Nations Convention against Corruption is the only legally binding universal anti-corruption instrument. The Convention’s far-reaching approach and the mandatory character of many of its provisions make it a unique tool for developing a comprehensive response to a global problem. The vast majority of United Nations Member States are parties to the Convention. India ratified the convention in 2011.

UNODC: UNCAC;

Improvisation: PIb;

Solution: a.

The impossible trinity, also called the Mundell-Fleming trilemma or simply the trilemma, expresses the limited options available to countries in setting monetary policy. According to this theory, a country cannot achieve the free flow of capital, a fixed exchange rate and independent monetary policy simultaneously. By pursuing any two of these options, it necessarily closes off the third.

TH: What is impossible trinity in economics?

Solution: a.

• Developed by Ministry of Power and Bureau of Energy Efficiency (BEE), the Energy Conservation Building Code 2017 prescribes the energy performance standards for new commercial buildings to be constructed across India.
• ECBC 2017 was developed by BEE with technical support from United States Agency for International Development (USAID) under the U.S.-India bilateral Partnership to Advance Clean Energy – Deployment Technical Assistance (PACE-D TA) Program.

PIB: Energy Conservation Building Code;

Solution: c.

• Section 24 of the Right to Information Act (RTI) exempts security and intelligence agencies from RTI provisions, except in the case of allegations of human rights violations and corruption.
• In the news – “In its reply to an RTI application, the Central Reserve Police Force (CRPF) has said that no human rights were violated in the brutal killing of 25 CRPF personnel by left-wing extremists in Chhattisgarh’s Sukma district on April 24, 2017.”

Solution: c.

• The International Court of Justice is composed of 15 judges elected to nine-year terms of office by the United Nations General Assembly and the Security Council.
• In order to be elected, a candidate must receive an absolute majority of the votes in both bodies.
• In order to ensure a measure of continuity, one third of the Court is elected every three years.

TH: Dalweer Bhandari gets renominated;

ICJ: Members of the Court;