INSIGHTS CURRENT AFFAIRS (16 January 2020) REVISION THROUGH MCQS

Ans: (d)

Explanation: All of the given above Programme are supported by World Bank.

• Under the Lighthouse India initiative, the knowledge sharing pillar on ‘Women Economic Empowerment’ has completed two years. The main objective has been to systematically enhance knowledge flows and implementation know-how on women economic empowerment to inform development policy and help to scale up good practices and innovations across states in India and systematically institutionalize the process of knowledge sharing and sharing India’s experience with other countries in the region.

Refer: https://www.insightsonindia.com/2020/01/16/women-business-and-the-law-2020/

Ans: (c)

Explanation:

• Global Competitiveness Report – WEF
• The Service Trade Restriction Index – WB

Refer: https://www.insightsonindia.com/2020/01/16/women-business-and-the-law-2020/

Ans: (d)

Explanation:

• The World Bank Group comprises five constituent institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID).

Refer: https://www.insightsonindia.com/2020/01/16/women-business-and-the-law-2020/

Ans: (d)

Explanation:

• Article 32 of the Constitution provides original (not exclusive jurisdiction) to the SC for matters regarding the enforcement of Fundamental Rights.
• Article 131 cannot be used to settle political differences between state and central governments headed by different parties.

Refer: https://www.insightsonindia.com/2020/01/16/centre-state-disputes-and-article-131/

Ans: (b)

Explanation:

• The World Health Organization (WHO) is a specialized agency of the United Nations that is concerned with international public health.
• It was established on 7 April 1948, and is headquartered in Geneva, Switzerland.
• The WHO is a member of the United Nations Development Group. Its predecessor, the Health Organization, was an agency of the League of Nations.
• The International Sanitary Conferences, originally held on 23 June 1851, were the first predecessors of the WHO. A series of 14 conferences that lasted from 1851 to 1938, the International Sanitary Conferences worked to combat many diseases, chief among them cholera, yellow fever, and the bubonic plague. The conferences were largely ineffective until the seventh, in 1892; when an International Sanitary Convention that dealt with cholera was passed. Five years later, a convention for the plague was signed.
• After World War II, the United Nations absorbed all the other health organizations, to form the WHO.
• The World Health Day is a global health awareness day celebrated every year on 7 April, under the sponsorship of the World Health Organization.

Refer: https://www.insightsonindia.com/2020/01/16/who-names-top-13-global-health-challenges-for-the-new-decade/

Ans: (a)

Explanation:

• It is the difference between the Revenue Receipts plus Non-debt Capital Receipts (NDCR) and the total expenditure.
• In other words, fiscal deficit is “reflective of the total borrowing requirements of Government”.
• Higher fiscal deficit means higher borrowing by the government, which, in turn, mean higher interest rates in the economy.
• In India, the FRBM Act suggests bringing the fiscal deficit down to about 3 percent of the GDP is the ideal target.
• K. Singh committee recommendations, A debt-to-GDP ratio of 40% for the central government, 20% for the state governments together and a fiscal deficit of 2.5% of GDP (gross domestic product), both by financial year 2022-23.

Refer: https://www.insightsonindia.com/2020/01/16/indias-fiscal-deficit/

Ans: (b)

Explanation: HS code mean:- Harmonised System, or simply ‘HS’:

• It is a six-digit identification code. Of the six digits, the first two denote the HS Chapter, the next two give the HS heading, and the last two give the HS subheading.
• Developed by the World Customs Organization (WCO).
• Called the “universal economic language” for goods.
• It is a multipurpose international product nomenclature.
• The system currently comprises of around 5,000 commodity groups.

Refer: https://www.insightsonindia.com/2020/01/16/hsn-code/

Ans: (d)

Explanation:

Ans: (b)

Explanation:

Ans: (b)

Explanation: