QUIZ – 2017: Insights Current Affairs Quiz, 30 March 2019

Solution: d)

Geothermal Energy is heat stored in earth crust and being used for electric generation and also for direct heat application worldwide since beginning of last century. USA, Philippines, Indonesia, Turkey, and New Zealand are leading countries availing commercial exploitation.

Geothermal electricity generation is site and technology specific and India is in Low Geothermal Potential Region with low/medium heat enthalpy.

The National Building Code 2016 has included new and energy efficient options of air conditioning, heating and mechanical ventilation, such as variable refrigerant flow system, inverter technology, district cooling system, hybrid central plant using chilled beams, radiant floor components, and geo-thermal cooling and heating.

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Solution: d)

National Institute of Solar Energy, an autonomous institution of Ministry of New and Renewable (MNRE), is the apex National R&D institution in the field Solar Energy.

Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna (Category – I) Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation with the motto: “ENERGY FOR EVER”

“Solar Energy Corporation of India ltd” (SECI) is a CPSU under the administrative control of the Ministry of New and Renewable Energy (MNRE), set up on 20th Sept, 2011. It is the only CPSU dedicated to the solar energy sector. It is responsible for implementation of a number of schemes of MNRE, major ones being the VGF schemes for large-scale grid-connected projects under JNNSM, solar park scheme and grid-connected solar rooftop scheme, alongwith a host of other specialised schemes such as defence scheme, canal-top scheme, Indo-Pak border scheme etc.

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Solution: c)

Low earth orbit refers to an altitude up to 2,000 km or less. A satellite in the LEO can monitor activities on the ground and water surfaces.

A low Earth orbit requires the lowest amount of energy for satellite placement. It provides high bandwidth and low communication latency. Satellites and space stations in LEO are more accessible for crew and servicing.

Earth observation satellites and spy satellites use LEO as they are able to see the surface of the Earth clearly by being close to it.

The International Space Station is in a LEO about 330 km to 420 km above Earth’s surface.

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Solution: d)

A typical ‘ponzi’ scheme involves the operator collecting a large amount of money from investors and paying them returns from their own money or the money collected from subsequent investors, rather than from profit earned by the person or the entity operating such a scheme.

The people or firms who are engaged in a ponzi scheme always try to attract new clients to make investments. The basic premise of the scheme is to gain continuous flow of money by attracting new clients. The scheme falls when this flow of money is stopped.

The Union Cabinet recently approved promulgating an ordinance with regard to the Banning of Unregulated Deposit Schemes Bill, to protect gullible investors from Ponzi schemes.

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Solution: c)

These are annual awards instituted recently by the Centre to recognise the excellent work done by individuals and institutions in the country in the field of disaster management.

For the year 2019, 8th Battalion of National Disaster Response Force (NDRF) located at Ghaziabad has been selected for the Subhash Chandra Bose Aapda Prabandhan Puraskar for its commendable work in Disaster Management. The Award recipient will receive a certificate and a cash prize of Rs. 51 lakh

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