QUIZ – 2017: Insights Current Affairs Quiz, 10 August 2019

Solution: b)

PRAGATI (Pro-Active Governance And Timely Implementation), as the name suggests, is aimed at starting a culture of Pro-Active Governance and Timely Implementation. It is also a robust system for bringing e-transparency and e-accountability with real-time presence and exchange among the key stakeholders. The platform was launched on March 25, 2015.

It is a multi-purpose and multi-modal platform that is aimed at addressing common man’s grievances, and simultaneously monitoring and reviewing important programmes and projects of the Government of India as well as projects flagged by State Governments.

It is a three-tier system (PMO, Union Government Secretaries, and Chief Secretaries of the States).

The PRAGATI platform uniquely bundles three latest technologies: Digital data management, video-conferencing and geo-spatial technology.

Source

Solution: a)

The Atal Innovation Mission (AIM), flagship initiative of NITI Aayog, has launched the Atal Community Innovation Centre (ACIC) to spur community Innovation in underserved and unserved areas of the country.

The new initiative aims to encourage the spirit of innovation in the country’s specific areas that lack the required infrastructure and facilitating innovation ecosystem. The purpose of ACIC is to enable establishment of socially inclusive innovation ecosystem as well as to encourage equitable distribution of necessary infrastructure for stimulating innovation across the country.

The new initiative offers opportunity to talented youth and researchers in Tier 2, Tier 3 cities, Smart cities, Aspirational Districts, North East, J&K, Rural and Tribal regions of India, unserved and underserved regions of Tier 1 / Metro cities. The ACIC programme would focus in over 484 districts located in unserved/underserved regions of India.

Source

Solution: c)

Finance Minister launched e journal named ‘taxalogue’, which will facilitate tax related discussions.

Source

Solution: c)

Union Home Minister Amit Shah received a dividend cheque of Rs 15.26 crore from the representatives of the Repco Bank, a multi-state cooperative finance and development bank controlled by the Home Ministry.

The Repco Bank is a multi-state cooperative society established in 1969 by the central government for rehabilitation of repatriates from Myanmar and Sri Lanka.

It is operated only in the South Indian states of Andhra Pradesh, Karnataka, Kerala and Tamil Nadu.

As on March 31, 2019 the government of India held 49.15 per cent of the share capital, four southern state governments held 6.24 per cent and the remaining 45 per cent was held by individual repatriates.

Source

            Solution: b)

E-commerce companies can operate under two different models in India.

• The first is the marketplace model where the e-commerce firm simply acts as a platform that connects buyers and sellers. FDI is allowed in e-commerce companies in this model.
• The second model is inventory-based where the inventory of goods sold on the portal is owned or controlled by the e-commerce company. FDI is not allowed under this model.