[Mission 2022] QUIZ – 2021: Insights Current Affairs Quiz, 16 October 2021

Solution: a)

Vultures not only keep our environment free of carcasses but also help control disease outbreak.

India has nine species of vultures. Many are critically endangered. The main reason for the decline in the vulture population is the use of the drug, diclofenac. Diclofenac, which relieves cattle of pain, is toxic to vultures even in small doses and causes kidney failure and death.

India banned diclofenac for veterinary use in 2006. Five States are to get vulture breeding centres under the Action Plan for Vulture Conservation for 2020-2025.

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Solution: d)

The first Prime Minister’s Wi-Fi Access Network Interface (PM-WANI) project was launched at Uyyalawada village in Kurnool district.

As part of the project, Public Data Offices (PDOs) will work like Public Call Offices (PCOs) to facilitate user’s data service at cheaper rates so that every citizen can enjoy Internet facility.

As per the National Digital Communication Plan, the Central government has set a target of setting up millions of Wi-Fi hotspots by 2022 and the PM-WANI scheme will facilitate this.

The Union Cabinet headed by Prime Minister Shri Narendra Modi approved the proposal of Department of Telecom (DoT) to proliferate Broadband through Public Wi-Fi networks under the framework of the Prime Minister’s Wi-Fi Access Network Interface (PM-WANI).

To facilitate ease of doing business and encourage local shops and small establishments to become Wi-Fi providers, it has been approved that the last-mile Public Wi-Fi providers require no license, no registration and will not need to pay any fees to DoT.

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Solution: a)

Indian aviation kicked off in 1932, with the introduction of the first airline, Tata Air Services. The airline, founded by J.R.D Tata, started as an airmail carrier within India. The airline flew its inaugural flight in October 1932, flying from Karachi to Mumbai.

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Solution: c)

• Recently, the Reserve Bank of India launched the Account Aggregator Frameworkaimed at making financial data more easily accessible.
• According to the Reserve Bank of India, an Account Aggregator is a non-banking financial company engaged in the business of providing, under a contract, the service of retrieving or collecting financial information pertaining to its customer.
• It is also engaged in consolidating, organising and presenting such information to the customer or any other financial information user as may be specified by the bank.
• The licence for Account Aggregator is issued by the RBI, and the financial sector will have many AAs.

How will an account aggregator work?

• The framework will allow financial data to be exchanged between the holders of data and its users.
• The RBI has allowed a number of companies like PhonePe to act as account aggregators to facilitate this process.
• Account aggregators will act as intermediaries who will collect data from one financial entity and exchange it with another.

For example, a bank which is processing a loan application from a potential borrower may want to access a variety of financial data about the borrower.

The lending bank can access details of the borrower’s savings, past loan repayment record, mutual fund holdings and insurance holdings through an account aggregator.

The borrower, however, will have to grant consent for the sharing of his data with the lending bank.

Solution: d)

Drought is generally considered as a deficiency in rainfall /precipitation over an extended period, usually a season or more, resulting in a water shortage causing adverse impacts on vegetation, animals, and/or people.

There is no single, legally accepted definition of drought in India. Some states resort to their own definitions of drought. State Government is the final authority when it comes to declaring a region as drought affected. 

The Supreme Court of India in its verdict in the matter of Swaraj Abhiyan Vs Union of India stated that drought would certainly fall within the definition of “disaster” as defined under Section 2(d) of the Disaster Management (DM) Act, 2005.