QUIZ – 2017: Insights Current Affairs Quiz, 25 March 2019

Solution: c)

“Aadi Mahotsav” a National Tribal Festival to celebrate, cherish and promote the spirit of tribal craft, culture, cuisine and commerce. The Mahotsav has been organized by the Ministry of Tribal Affairs and TRIFED.

The Mahotsav comprises of display and sale of items of tribal art and craft, tribal medicine & healers, tribal cuisine and display of tribal folk performance.

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Solution: d)

The World Happiness Report is a landmark survey of the state of global happiness that ranks 156 countries by how happy their citizens perceive themselves to be.

• It is released by the Sustainable Development Solutions Network for the United Nations by the UN General Assembly.

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Solution: d)

REITs are similar to mutual funds. While mutual funds provide for an opportunity to invest in equity stocks, REITs allow one to invest in income-generating real estate assets.

They are collective investment vehicles that operate and manage property portfolios and give returns to investors. Securities and Exchange Board of India (Sebi) mandated that all REITS be listed on exchanges and make an initial public offer to raise money.

REITs can reduce the risk related to your property investments as 80 per cent of the value of the REIT should be in completed and rent-generating assets. They are required to be run by professional managements with specified years of experience notified by SEBI.

A REIT can be launched as an initial public offer (IPO). An investor can apply for investment in the REIT through his demat account, either online or by filling up the IPO form and indicating demat account details. After the issue is closed, the REIT will allot units to eligible investors.

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Solution:  b)

The polar vortex is a large area of low pressure and cold air surrounding the Earth’s North and South poles. The term vortex refers to the counter-clockwise flow of air that helps keep the colder air close to the poles.

The polar vortex spins in the stratosphere, a layer of the atmosphere 10-48 km above the ground and above the troposphere, where most familiar weather patterns develop.

Often during winter in the Northern Hemisphere, the polar vortex will become less stable and expand, sending cold Arctic air southward over the United States.

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Solution: c)

It is an international body set up under International Convention for the Regulation of Whaling (ICRW). ICRW governs the commercial, scientific, and aboriginal subsistence whaling practices of its member nations. India is a member of IWC.

Objectives:

To provide for the proper conservation of whale stocks.

For orderly development of the whaling industry.

Japan has announced its decision to withdraw from the International Whaling Commission (IWC). The withdrawal would enable Japan to resume commercial whaling activities.

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