[Mission 2023] Current Affairs Quiz , 30 August 2022

Solution: c)

A Lorenz curve is a graphical representation of income inequality or wealth inequality developed by American economist Max Lorenz in 1905.

Solution: c)

Flying squirrel, (tribe Pteromyini), any of more than 50 species of gliding squirrels. Three species are North American, two live in northern Eurasia, and all others are found in the temperate and tropical forests of India and other parts of Asia.

Gee’s golden langur (Trachypithecus geei), also known as simply the golden langur, is an Old World monkey found in a small region of western Assam, India and in the neighbouring foothills of the Black Mountains of Bhutan.

The red-headed vulture also known as the Asian king vulture, Indian black vulture or Pondicherry vulture, is an Old World vulture mainly found in the Indian subcontinent, with small disjunct populations in some parts of Southeast Asia.

The Koala is an arboreal herbivorous marsupial native to Australia.

Solution: b)

The main difference between revenue receipts and capital receipts is that in the case of revenue receipts, government is under no future obligation to return the amount, i.e., they are non-redeemable. But In case of capital receipts which are borrowings, government is under obligation to return the amount along with Interest.

Capital receipts may be debt creating or non-debt creating.

Examples of debt creating receipts are—Net borrowing by government at home, loans received from foreign governments, borrowing from RBI. Examples of non-debt capital receipts are—Recovery of loans, proceeds from sale of public enterprises (i.e., disinvestment), etc. These do not give rise to debt.

Solution: c)

Preamble: The words “JUSTICE, social, economic and political; EQUALITY of status and of opportunity; and to promote among them all FRATERNITY assuring the dignity of the individual and the unity and integrity of the Nation”.

First Schedule: It talks about Indian states and Indian territory.

Third Schedule: It contains forms of Oaths and affirmations for office holders.

Fundamental Rights:

A 23. Prohibition of traffic in human beings and forced labour

A 24. Prohibition of employment of children in factories, etc.

Directive Principles of State Policy:

A38. State to secure a social order for the promotion of welfare of the people

A39 (only first part) – The State shall, in particular, direct its policy towards securing – (a) that the citizens, men and women equally, have the right to an adequate means of livelihood.

Solution: b)

Bauxite is the ore which is used in manufacturing of aluminium. Bauxite is found mainly in tertiary deposits and is associated with laterite rocks occurring extensively either on the plateau or hill ranges of peninsular India and also in the coastal tracts of the country. Odisha happens to be the largest producer of Bauxite.