QUIZ – 2017: Insights Current Affairs Quiz, 06 February 2018

Solution: b.

It was organised by the AP State Tourism Department.

http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/pelican-festival-at-kolleru-a-huge-hit/article22653092.ece

Solution: c.

You can eliminate the 1^st given pair easily. Because satellites and missile tests always are launched from the east coast (http://www.thehindu.com/sci-tech/science/why-are-all-satellites-and-missiles-launched-from-the-east-coast/article7202159.ece)

Kennedy Space Centre – Florida

Europe’s Spaceport – Kourou, French Guiana

Satish Dhawan Space Centre – Sriharikota, Andhra Pradesh

Rocket Lab Launch Complex – Mahia Peninsula, NZ

Improvisation (passing reference to the launch pad at Kourou): http://www.thehindu.com/sci-tech/science/isro-needs-4-years-to-catch-up-with-satellite-demand-dr-sivan/article22651083.ece;

Solution: b.

Andaman and Nicobar Islands – Calcutta High Court

Dadra and Nagar Haveli (also, Goa and Daman and Diu) – Bombay High Court

Lakshadweep – Kerala High Court

https://archive.india.gov.in/citizen/lawnorder.php?id=8 (Same table is provided at the end of the chapter ‘High Court’ in Laxmikanth’s Polity);

https://www.gktoday.in/quiz-questions/jurisdiction-of-which-among-the-following-high-courts-covers-the-union-territory-of-lakshadweep/;

Source/Improvisation: http://www.thehindu.com/news/cities/kolkata/paucity-of-judges-in-calcutta-hc/article22651191.ece;

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Solution: a.

“The human papillomavirus (HPV) vaccine has run into more trouble. In January, a Rome-based epidemiologist, Tom Jefferson, of the Cochrane Collaboration highlighted in a paper worrying gaps in published data on the vaccine, designed to prevent HPV-related cervical cancer.”

About Cochrane (http://www.cochrane.org/about-us): It is a “global independent network of researchers, professionals, patients, carers, and people interested in health.. Cochrane is for anyone who is interested in using high-quality information to make better health decisions.”

Improvisation: http://www.thehindu.com/opinion/op-ed/understanding-the-hpv-vaccines-risk/article22651385.ece;

Solution: c.

A mains-oriented question. Both statements are correct.

The finance minister in his budget speech stated, “The Government will review existing guidelines and processes and bring out a coherent and integrated Outward Direct Investment (ODI) policy.”

The proposed ODI policy may contain provisions that would encourage and enable internationalisation of many Indian firms – envisioning ambitious plans to transform themselves into MNCs, to go global and expand.

Indian firms invest in foreign shores primarily through mergers and acquisition (M&A) transactions. With rising M&A activity, companies will get direct access to newer and more extensive markets, and better technologies, which would enable them to increase their customer base and achieve a global reach.

Additional Information: The ODI policy was expected to tighten regulations to prevent round-tripping structures, where funds are routed by India-based companies into a newly formed or existing overseas subsidiary and then brought back to India to circumvent regulations here.

Top ten ODI destination countries over the past few financial years included Mauritius, Singapore, the U.S., the UAE, the Netherlands, the U.K, Switzerland, Russia, Jersey and British Virgin Islands (these countries provide higher tax benefits). Cumulatively, these nations were the beneficiaries of 84% or more of India’s ODI during each of those financial years. Interestingly, this composition of ODI destination countries more or less mirrored the top sources of foreign direct investment inflows into India in the same period.

https://www.investopedia.com/terms/o/outward_direct_investment.asp;

http://www.thehindu.com/business/Economy/easier-norms-may-help-indian-firms-go-global/article22651310.ece;