QUIZ – 2019: Insights Current Affairs Quiz, 06 December 2019

Solution: a)

SAANS, a campaign aimed at reducing child mortality due to pneumonia, which contributes to around 15% deaths annually of children under the age of five.

SAANS, short for ‘Social Awareness and Action to Neutralise Pneumonia Successfully’ was launched to mobilise people to protect children from pneumonia, and train health personnel and other stakeholders to provide prioritised treatment to control the disease.

Solution: c)

he Mizoram government has passed a resolution revoking the implementation of the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006 (FRA).

About Forest Rights Act (FRA):

• The act was passed in December 2006.
• It deals with the rights of forest-dwelling communities over land and other resources.
• The Act grants legal recognition to the rights of traditional forest dwelling communities, partially correcting the injustice caused by the forest laws.

Rights under the Act:

1. Title rights –Ownership to land that is being farmed by tribals or forest dwellers subject to a maximum of 4 hectares; ownership is only for land that is actually being cultivated by the concerned family, meaning that no new lands are granted.
2. Use rights –to minor forest produce (also including ownership), to grazing areas, to pastoralist routes, etc.
3. Relief and development rights –to rehabilitation in case of illegal eviction or forced displacement; and to basic amenities, subject to restrictions for forest protection.
4. Forest management rights –to protect forests and wildlife.

                  Solution: b)

Deposit insurance is providing insurance protection to the depositor’s money by receiving a premium.

The government has set up Deposit Insurance and Credit Guarantee Corporation (DICGC) under RBI to protect depositors if a bank fails.

Every insured bank pays premium amounting to 0.001% of its deposits to DICGC every year.

What happens to depositors’ money when a bank fails?

When a bank is liquidated, depositors are entitled to receive an insurance amount of ₹1 lakh per individual from the Deposit Insurance and Credit Guarantee Corporation of India (DICGC).

The ₹1 lakh insurance limit includes both principal and interest dues across your savings bank accounts, current accounts, fixed deposits and recurring deposits held with the bank.

The corporation covers all commercial and co-operative banks, except in Meghalaya, Chandigarh, Lakshadweep and Dadra and Nagar Haveli. Besides, Only primary cooperative societies are not insured by the DICGC.

The DICGC does not include the following types of deposits:

1. Deposits of foreign governments.
2. Deposits of central/state governments.
3. Inter-bank deposits.
4. Deposits of the state land development banks with the state co-operative bank.
5. Any amount due on account of any deposit received outside India.
6. Any amount specifically exempted by the DICGC with previous approval of RBI.

Solution: d)

In a bid to promote renewable energy market in India, the Indian government has framed policies under the Electricity Act, 2003 and the National Action Plan on Climate Change (NAPCC) to increase the total renewable power generation capacity in the country.

Renewable Energy Certificates (RECs), also known as green energy certificates or tradable renewable certificates are proof that energy has been generated from renewable sources such as solar or wind power. Each REC represents the environmental benefits of 1MWh of renewable energy generation. When you purchase RECs, renewable energy is generated on your behalf.

Renewable Energy Certificates (REC) is a policy instrument to catalyze the development of renewable energy. It is a market-based mechanism which will help the states meet their regulatory requirements (such as Renewable Purchase Obligations (RPOs)) by overcoming the geographical constraints on existing renewable potential in different states.

Solution: d)

Recently, the cabinet committee on economic affairs (CCEA) approved India’s accession to the Hong Kong Convention on Hong Kong International Convention for Ship Recycling, which will help in providing boost to the ship- recycling industry in India.

The International Maritime Organization (IMO) adopted the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships in 2009. This is aimed at ensuring that ships being recycled after reaching the end of their operational lives do not pose any unnecessary risks to human health, safety and the environment.

Hong Kong Convention 2009 is not yet in force, but, with India’s accession, the first of the three conditions for the Convention’s entry into force has now been fulfilled.