QUIZ – 2017: Insights Current Affairs Quiz,11 August 2018

Solution: d.

Under Price Support Scheme (PSS), the procurement of oil seeds (this includes groundnuts), pulses and cotton through Central Nodal Agencies at the Minimum Support Price (MSP) is also undertaken. This scheme is implemented at the request of the concerned State Government which agrees to exempt the procured commodities from levy of mandi tax and assist central nodal agencies in logistic arrangements including gunny bags, provide working capital for state agencies, creation of revolving fund for PSS operations etc. as required under the Scheme guidelines. The basic objectives of PSS are to provide remunerative prices to the growers for their produce with a view to encourage higher investment and production and to safeguard the interest of consumers by making available supplies at reasonable prices with low cost of intermediation.

Further, Government of India also implements Market Intervention Scheme (MIS) for procurement of agricultural and horticultural commodities which are perishable in nature and are not covered under the Price Support Scheme (PSS).

PIB (2017): Mechanism to procure bumper crops;

Improvisation:  PIB;

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Solution: a.

The Environmental Performance Index is a biennial report by the World Economic Forum, Yale University, and Columbia University only.

2014 EPI: India was ranked 155 out of 178.

In the news (IE): Seven months after India found itself among the bottom five countries on the Environmental Performance Index (EPI) 2018 (177/180), the Union Environment Ministry on Tuesday said that “changes made” to the index, which saw India drop 36 points from 141 in 2016 to 177 this year, “have not been explained or backed by scientific arguments”, and seem to be “arbitrary.”

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Solution: b.

The given statements refer to Loknayak Jayaprakash Narayan.

PM’s remarks on election of Shri Harivansh as Dy. Chairman;

TH;

Politics in India since Independence, NCERT Class XII;

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Solution: b.

Under the One District One Product scheme, the state government of UP has set a goal of providing employment to 25 lakh people in five years through the financial assistance of Rs 25,000 crores.

UP is uniquely famous for product-specific traditional industrial hubs across 75 districts, including Varanasi (Banarasi silk sari), Bhadohi (carpet), Lucknow (chikan), Kanpur (leather goods), Agra (leather footwear), Aligarh (locks), Moradabad (brassware), Meerut (sports goods) and Saharanpur (wooden products).

The ODOP scheme seeks to promote traditional industries synonymous with their respective districts to spur local economy and create jobs. The state government will sign memorandum of understandings (MoUs) with e-retailor giant Amazon for marketing of products of artisans, and Quality Control of India (QCI) that will ensure quality of products. Amazon will also train the artisans and small entrepreneurs of several districts.

FE;

PIB;

Solution: c.

In a first, arch rivals India and Pakistan will be part of a multi-nation counter-terror exercise in Russia in September, which will also be joined by China and several other countries.

The military exercise will take place under the framework of the Shanghai Cooperation Organisation, a China-dominated security grouping which is increasingly seen as a counterweight to NATO.

From April: TH;

In the news: PIB;

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