INSIGHTS CURRENT AFFAIRS ( 5 March 2020) REVISION THROUGH MCQS

Ans: (c)

Explanation:

• Parliamentary privileges are certain rights and immunities enjoyed by members of Parliament, individually and collectively, so that they can “effectively discharge their functions”.
• Parliamentary privileges are defined in Article 105 of the Indian Constitution and those of State legislatures in Article 194.
• When any of these rights and immunities are disregarded, the offence is called a breach of privilege and is punishable under law of Parliament.
• Besides, Rule No 222 in Chapter 20 of the Lok Sabha Rule Book and correspondingly Rule 187 in Chapter 16 of the Rajya Sabha rulebook govern privilege.
• In India, the Parliament has been given punitive powers to punish those who are adjudged guilty of contempt of the House.
• Such contempt can be committed by the members of any House or any outsider. When a member of the House is involved for parliamentary misbehaviour or commits contempt he can be expelled from the House.

Refer: https://www.insightsonindia.com/2020/01/03/parliamentary-privileges/

Ans: (a)

Explanation:

• A National Crisis Management Committee (NCMC) has been constituted in the Cabinet Secretariat.
• Cabinet Secretary is the Chairman of NCMC.
• When a situation is to be handled also by the NCMC, it will give such directions to the Crisis Management Group of the Ministry as deemed necessary. The Secretary(A&C) will be responsible for ensuring that all developments are brought to the notice of the NCMC promptly.

Refer: https://www.insightsonindia.com/2020/03/05/national-anti-profiteering-authority-napa/

Ans: (c)

Explanation:

• Global Information Technology Report – WEF (World Economic Forum)
• World Happiness Report – Sustainable Development Solutions Network (SDSN)

Refer: https://www.insightsonindia.com/2020/03/05/world-university-rankings-by-subject-2020/

Ans: (c)

Explanation:

Refer: https://www.insightsonindia.com/2020/03/05/ibc-bill-discriminates-against-homebuyers/

Ans: (c)

Explanation:

• PSLV is designed mainly to deliver the “earth-observation” or “remote-sensing” satellites with lift-off mass of up to about 1750 Kg to Sun-Synchronous circular polar orbits of 600-900 Km altitude.
• PSLV is a launch vehicle with four stages—PS1, PS2, HPS3, and PS4 which is equipped with twin-liquid engines is equipped with twin liquid engines. After the launch vehicle enters space, it ejects the satellite and eventually becomes debris which is normally not recovered.
• The GSLV is designed mainly to deliver the communication-satellites to the highly elliptical (typically 250 x 3.6000 Km) Geosynchronous Transfer Orbit (GTO). The satellite in GTO is further raised to its final destination, viz., Geo-synchronous Earth orbit (GEO) of about 3.6000 Km altitude (and zero degree inclination on equatorial plane) by firing its in-built on-board engines. Due to their geo-synchronous nature, the satellites in these orbits appear to remain permanently fixed in the same position in the sky, as viewed from a particular location on Earth, thus avoiding the need of a tracking ground antenna and hence are useful for the communication applications.
• 

Refer: https://www.insightsonindia.com/2020/02/17/gisat-1-geo-imaging-satellite/

Ans: (a)

Explanation:

• Government has adopted Scheduled Tribe Component strategy for ensuring overall development of tribal areas across the country. National Scheduled Tribes Finance and Development Corporation is implementing Adivasi Mahila Sashaktikaran Yojana for tribal women.
• Under the scheme, Scheduled Tribes women can undertake any income generation activity. Loans upto 90 per cent for scheme costing upto 1 lakh rupees are provided at a concessional rate of interest of 4 per cent per annum.
• National Scheduled Tribes Finance and Development Corporation (NSTFDC) was set up in 2001 under the Ministry of Tribal Affairs, Government of India with head office in New Delhi.
  • The corporation is managed by a Board of Directors with representatives from Central Government, State Channelizing Agencies (SCA), National Bank for Agricultural and Rural Development (NABARD), Industrial Development Bank of India (IDBI), Tribal Cooperative Marketing Development Federation of India Ltd. (TRIFED) and three eminent persons representing Scheduled Tribes.
  • The main objects of the Corporation is to work for socio-economic and educational upliftment of Scheduled Tribes(STs), to provide better self-employment avenues so that they can become economically independent and self-reliant. The Corporation undertakes a wide range of activities for socio–economic and educational upliftment of the STs by devising and implementing financial assistance schemes exclusively for the tribal. These schemes are for providing loans to the poor STs at concessional rates of interest and on soft terms & conditions. For helping tribal students to pursue higher education, loans are offered which are subsidized by the Ministry of Human Resources Development.
  • The Corporation also provides grants for conducting training and skill development programs for tribal youth so that they can enhance their employability /productivity or can take-up entrepreneurial activity.

Ans: (d)

Explanation:

• Disruption in the supply of goods from China or any other country due to Novel Coronavirus will be considered as a case of natural calamity under the Force Majeure (FM) clause.
• In a statement, Ministry of Finance has clarified that the clause may be invoked as per the Manual for procurement of Goods, 2017, in light of the COVID-19 outbreak.
• FM clause saves stakeholders from contractual liability in the event of circumstances beyond human control. Firms entering into supply agreements have to notify such events as soon as it occurs.

Refer: http://www.newsonair.com/News?title=Disruption-of-supply-chain-due-to-Novel-Coronavirus-to-be-considered-as-natural-calamity%3A-Govt&id=382444

Ans: (c)

Explanation:

• EPFO is one of the World’s largest Social Security Organisations in terms of clientele and the volume of financial transactions undertaken. At present it maintains 19.34 crore accounts (Annual Report 2016-17) pertaining to its members.
• The Employees’ Provident Fund Organisation is an organization tasked to assist the Central Board of Trustees, Employees’ Provident Fund a statutory body formed by the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952 and is under the administrative control of the Ministry of Labour and Employment, Government of India.
• EPFO assists the Central Board in administering a compulsory contributory Provident Fund Scheme, a Pension Scheme and an Insurance Scheme for the workforce engaged in the organized sector in India.
• It is also the nodal agency for implementing Bilateral Social Security Agreements with other countries on a reciprocal basis.
• The schemes cover Indian workers as well as International workers (for countries with which bilateral agreements have been signed. As of now 19 Social Security Agreements are operational).
• The EPFO’s apex decision making body is the Central Board of Trustees (CBT)

Refer: https://epfindia.gov.in/site_en/index.php

Ans: (d)

Explanation:

Ans: (a)

Explanation: Here Directive Word is not correct!!

• The countries with coasts on the Adriatic are Albania, Bosnia and Herzegovina, Croatia, Italy, Montenegro and Slovenia.