QUIZ – 2017: Insights Current Affairs Quiz, 05 October 2019

Solution: c)

The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa).

“The Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments.” Moreover, the NDB “shall cooperate with international organizations and other financial entities, and provide technical assistance for projects to be supported by the Bank.”

The authorized capital for NDB is $100 Billion while initial subscribed capital is $50 billion. Initial subscribed capital was equally distributed among the founding members {$10 billion each}. Voting power of each member is equal to the number of its subscribed shares in capital stock.

New Development Bank (NDB) has decided to lend Rs 6,000 crores to Andhra Pradesh Government for various projects.

Solution: d)

The United Nations Office for Disaster Risk Reduction (UNISDR), created in December 1999, is the successor to the secretariat of the International Decade for Natural Disaster Reduction.

It was established to ensure the implementation of the International Strategy for Disaster Reduction.

It is part of the United Nations Secretariat and its functions span the social, economic, environmental as well as humanitarian fields.

Functions: UNISDR supports the implementation, follow-up and review of the Sendai Framework for Disaster Risk Reduction adopted by the Third UN World Conference on Disaster Risk Reduction on 18 March 2015 in Sendai, Japan.

UNISDR’s vision is anchored on the four priorities for action set out in the Sendai Framework:

1. Understanding disaster risk.
2. Strengthening disaster risk governance to manage disaster risk.
3. Investing in disaster risk reduction for resilience.
4. Enhancing disaster preparedness for effective response and to “Build Back Better” in recovery, rehabilitation and reconstruction.

Source

Solution: c)

Indian Space Research Organisation (ISRO) and Russia’s federal space agency Roscosmos State Corporation for Space Activities (ROSCOSMOS) have agreed to work together for first manned space mission Gaganyaan. It is India’s first manned space mission. This mission will make India fourth nation in the world after USA, Russia and China to launch human spaceflight mission.

India is planning to send three humans (Gaganyatris) into space i.e. in low earth orbit (LEO) by 2022 i.e. by 75th Independence Day.

Source

Solution: d)

Multi-Barrel Rocket System PINAKA, an area weapon system to supplement the existing artillery gun at ranges beyond 30 kms, having quick reaction time and high rate of fire. The indigenously developed Pinaka guided rocket system was successfully test fired at Pokhran desert in Rajasthan, in a boost to artillery capability of the Army

Source

Solution: c)

Lightning strikes have caused at least 1,311 deaths in the four-month period between April and July this year, according to a first-of-its-kind report on lightning incidents in India. It has been prepared by Climate Resilient Observing Systems Promotion Council (CROPC), a non-profit organisation that works closely with India Meteorological Department (IMD).

It counted 65.55 lakh lightning strikes in India during this four-month period, of which 23.53 lakh (36 per cent) happened to be cloud-to-ground lightning, the kind that reaches the Earth. The other 41.04 lakh (64 per cent) were in-cloud lightning, which remains confined to the clouds in which it was formed.

Odisha recorded over 9 lakh incidents of lightning (both kinds), the maximum for any state but fewer deaths than Uttar Pradesh, which had 3.2 lakh incidents.