INSIGHTS CURRENT AFFAIRS ( 5 February 2021) REVISION THROUGH MCQS

Ans: (a)

Explanation:

• Pradhan Mantri Matri Vandana Yojana is a maternity benefit program run by the government of India.
• It was introduced in 2017 and is implemented by the Ministry of Women and Child Development.
• It is a conditional cash transfer scheme for pregnant and lactating women of 19 years of age or above for the first live birth.

Refer: https://www.insightsonindia.com/2021/02/05/pradhan-mantri-matru-vandana-yojana-3/

Ans: (d)

Explanation:

• About ICC:
• The International Criminal Court (ICC), located in The Hague,is the court of last resort for prosecution of genocide, war crimes, and crimes against humanity.
• It is the first permanent, treaty based, international criminal courtestablished to help end impunity for the perpetrators of the most serious crimes of concern to the international community.
• Its founding treaty, the Rome Statute,entered into force on July 1, 2002.
• India did not signed the Rome Statute, and thus, is not a member of ICC

Refer: https://www.insightsonindia.com/2021/02/05/international-criminal-court/

Ans: (d)

Explanation: What is e-NAM?

• E-NAM (National Agriculture Market) is an online trading platform for agriculture produce aiming to help farmers, traders, and buyers with online trading and getting a better price by smooth marketing.
• Small Farmers Agribusiness Consortium (SFAC) is the lead agency for implementing eNAM under the aegis of Ministry of Agriculture and Farmers’ Welfare, Government of India.

Refer: https://www.insightsonindia.com/2021/02/05/national-agriculture-market-e-nam/

Ans: (a)

Explanation:

• The Employees’ Provident Fund Organization (abbreviated to EPFO), is an organisation tasked to assist the Central Board of Trustees. Employees’ Provident Fund is a statutory body established 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.
• 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://www.insightsonindia.com/2021/02/05/budget-proposes-tax-on-epf-interest/

Ans: (a)

Explanation:

• A Limited Liability Partnership (LLP) is a partnership in which some or all partners have limited liability. It therefore exhibits elements of partnerships and corporations.
• In an LLP, one partner is not responsible or liable for another partner’s misconduct or negligence.
• Salient features of an LLP:
  • An LLP is a body corporate and legal entity separate from its partners. It has perpetual succession.
  • Being the separate legislation (i.e. LLP Act, 2008), the provisions of Indian Partnership Act, 1932 are not applicable to an LLP and it is regulated by the contractual agreement between the partners.
  • Every Limited Liability Partnership shall use the words “Limited Liability Partnership” or its acronym “LLP” as the last words of its name.

Refer: https://www.insightsonindia.com/2021/02/05/limited-liability-partnership-llp-act/

Ans: (b)

Explanation:

• About SKAO:
  • SKAO is a new intergovernmental organisation dedicated to radio astronomy and is headquartered in the UK.
  • At the moment, organisations from ten countries are a part of the SKAO.
  • These include Australia, Canada, China, India, Italy, New Zealand, South Africa, Sweden, the Netherlands and the UK.
• What are radio telescopes?
  • Unlike optical telescopes, radio telescopes can detect invisible gas and, therefore, they can reveal areas of space that may be obscured by cosmic dust.
  • The first radio signals were detected by physicist Karl Jansky in the 1930s.
  • The Arecibo telescope in Puerto Rico, which was the second-largest single-dish radio telescope in the world, collapsed in December 2020. The telescope was built in 1963.

Refer: https://www.insightsonindia.com/2021/02/05/square-kilometre-array/

Ans: (b)

Explanation:

• Monpa handmade paper:
• It is a 1000-year-old heritage art of Arunachal Pradesh.
• The art of making handmade paper originated among the Monpas over 1000 years ago.
• Gradually this art became an integral part of local custom and culture of Tawang in Arunachal Pradesh.
• The fine-textured handmade paper, which is called ‘Mon Shugu’ in the local dialect, is integral to the vibrant culture of the local tribes in Tawang.
• The Monpa handmade paper is made from the bark of a local tree called ‘Shugu Sheng’, which has medicinal values too.

Refer: https://www.insightsonindia.com/2021/02/05/insights-daily-current-affairs-pib-summary-5-february-2021/

Ans: (a)

Explanation:

• Stat1: The President’s election is held in accordance with the system of proportional representation by means of the single transferable vote and the voting is by secret ballot. This system ensures that the successful candidate is returned by the absolute majority of votes.
• Stat2: Vice-President’s election, like that of the President’s election, is held in accordance with the system of proportional representation by means of the single transferable vote and the voting is by secret ballot.
• Election to Rajya Sabha: https://www.thehindu.com/news/national/the-hindu-explains-how-are-elections-to-the-rajya-sabha-held/article31879432.ece

Refer: https://www.insightsonindia.com/2020/06/22/secrecy-of-ballot/

Ans: (d)

Explanation:

• Stat1: IUCN status: Endangered
• Stat2: It is an Old World monkey found in a small region of western Assam, India and in the neighboring foothills of the Black Mountains of Bhutan.
• Stat3: For the most part, the langur is confined to high trees where its long tail serves as a balancer when it leaps across branches. During the rainy season it obtains water from dew and rain drenched leaves. Its diet is herbivorous, consisting of ripe and unripe fruits, mature and young leaves, seeds, buds and flowers.

Refer: Facts for prelims: https://www.insightsonindia.com/2020/06/22/insights-daily-current-affairs-pib-summary-22-june-2020/

Ans: (a)

Explanation:

• The Constitution of India contains the following provisions with regard to the enactment of budget:
• The President shall in respect of every financial year cause to be laid before both the Houses of Parliament a statement of estimated receipts and expenditure of the Government of India for that year.
• No demand for a grant shall be made except on the recommendation of the President.
• No money shall be withdrawn from the Consolidated Fund of India except under appropriation made by law.
• No money bill imposing tax shall be introduced in the Parliament except on the recommendation of the President, and such a bill shall not be introduced in the Rajya Sabha.
• No tax shall be levied or collected except by authority of law.
• Parliament can reduce or abolish a tax but cannot increase it.
• The Constitution has also defined the relative roles or position of both the Houses of Parliament with regard to the enactment of the budget.
• The expenditure charged on the Consolidated Fund of India shall not be submitted to the vote of Parliament. However, it can be discussed by the Parliament.

Refer: https://www.indiabudget.gov.in/