QUIZ – 2020: Insights Current Affairs Quiz, 24 August 2020

Solution: d)

The International Monetary Fund (IMF) works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty.

The International Fund for Agricultural Development (IFAD) is an international financial institution and UN specialised agency dedicated to eradicating poverty in rural areas of developing countries. The Fund was established in 1977 as one of the major outcomes of the 1974 World Food Conference.

The UN Industrial Development Organization (UNIDO) is the UN specialized agency mandated to promote industrial development and international industrial cooperation. The Organization’s mission statement is: Partner for prosperity: UNIDO aspires to reduce poverty through sustainable industrial development. we want every country to have the opportunity to grow a flourishing productive sector, to increase their participation in international trade and to safeguard their environment.

Source

Solution: b)

ICCAR is an initiative launched by UNESCO in March 2004 to establish a network of cities interested in sharing experiences in order to improve their policies to fight racism, discrimination, xenophobia and exclusion.

The role of city authorities as policy-makers at the local level, is considered here as the key to create dynamic synergies.

The ultimate objective is to involve the interested cities in a common struggle against racism through an international coalition. In order to take into account the specificities and priorities of each region of the world, regional coalitions are being created with their respective programme of action in Africa, Arab Region, Asia and the Pacific, Europe, Latin America and the Caribbean, and North America.

Source

Solution: b)

Japanese encephalitis (JE) is a mosquito-borne (often found in rice fields) flavivirus. It belongs to the same genus as dengue, yellow fever and West Nile viruses. JE primarily affects children.

Most adults in endemic countries have natural immunity after childhood infection, but individuals of any age may be affected. Major JE outbreaks occur every 2-15 years.

JE transmission mainly intensifies during the rainy season, during which vector populations increase.

There is no specific therapy for JE. Intensive supportive therapy is indicated.

Source

Solution: c)

The Khadi and Village Industries Commission (KVIC) is a statutory body established by an Act of Parliament (Khadi and Village Industries Commission Act of 1956). In April 1957, it took over the work of former All India Khadi and Village Industries Board.

Functions: It is an apex organization under the Ministry of Micro, Small and Medium Enterprises, with regard to khadi and village industries within India, which seeks to – “plan, promote, facilitate, organise and assist in the establishment and development of khadi and village industries in the rural areas in coordination with other agencies engaged in rural development wherever necessary.”

The Commission has three main objectives which guide its functioning. These are:

• The Social Objective – Providing employment in rural areas.
• The Economic Objective – Providing salable articles.
• The Wider Objective – Creating self-reliance amongst people and building up a strong rural community spirit.

Establishing a major khadi industry in every village is not a listed objective and may not be economically feasible as well.

Solution: b)

Ministry of New and Renewable Energy awards grants to four projects in second round of PACEsetter Fund programme.

PACEsetter Fund was Constituted by India and the USA in 2015.

It is an INR 50 crore (USD 7.9 million) fund jointly capitalized by the Governments of the Republic of India and the United States of America.

It is a joint fund to provide early-stage grant funding to accelerate the commercialization of innovative off-grid clean energy products, systems, and business models.

The Fund’s main purpose is to improve the viability of off-grid renewable energy businesses that sell small scale (under 1 megawatt) clean energy systems to individuals and communities without access to grid connected power or with limited/intermittent access. (less than 8 hours per day).

Source