[MISSION 2023] RTM(Revision through MCQs)- 30 AUG 2022

Ans: (c)

Explanation:

• Opportunity cost represents the benefits an individual, investor or business misses out on when choosing one alternative over another.
• When you have the opportunity to access public services for free, this would always come at a cost of somebody paying for it. In this case, the tax payer bears the opportunity cost.

Refer: https://www.insightsonindia.com/2022/08/30/there-are-no-easy-answers-to-the-freebies-issue/

Ans: (c)

Explanation:

• In 1986 (based on recommendations of the Tandon Committee, MHA Taskforce and National Police Commission (1977))
• It acts under the Ministry of Home Affairsand functions as a repository of information on crime and criminals so as to assist the investigators in linking crime to the perpetrators.
• NCRB looks after CCTNS (Crime and Criminal Tracking Network and Systems) and Central Finger Print Bureau
• It released reports: Crimes in India, Prison Statistics in India and Accidental Deaths and Suicides in India.

Refer: https://www.insightsonindia.com/2022/08/30/data-statistics-from-national-crime-records-bureau/

Ans: (a)

Explanation:

• S1: The Sabarmati River is one of the major west-flowing rivers in India.
• S2: It originates in the Aravalli Range of the Udaipur District of Rajasthan and meets the Gulf of Khambhat of Arabian Sea.
• S3: The National Water Quality Programme led by Central Pollution Control Board (CPCB) positions Sabarmati River as one of the most polluted rivers in India. Refer: https://www.downtoearth.org.in/news/water/351-polluted-river-stretches-in-india-a-list-across-states-78083

Refer: Facts For Prelims: https://www.insightsonindia.com/2022/08/30/mission-2023-insights-daily-current-affairs-pib-summary-30-august-2022/

Ans: (c)

Explanation:

• This bridge is built on the banks of the Sabarmati Riverfront, Sabarmati River which flows through the city of Ahmedabad.
• Equipped with an attractive design and LED lights, this bridge is about 300 meters long and 14 meters wide.
• Sabarmati River is a monsoon-fed river originating in Aravalli hills (Udaipur) and draining in the Gulf of Cambay in the Arabian Sea.
• Major Tributaries: Sei, Harnav, Wakal, Hathmati and Watrak

Refer: facts for prelims: https://www.insightsonindia.com/2022/08/30/mission-2023-insights-daily-current-affairs-pib-summary-30-august-2022/

Ans: (c)
Explanation:

• PMJDY is National Mission for Financial Inclusion (launched 2014) to ensure access to financial services.
• Objectives:
  • To ensure access of financial products & services at an affordable cost: Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension
  • Use of technology to lower cost & widen reach.
  • Banking the unbanked: account opening in camp mode, zero balance & zero charges.
  • Securing the unsecured – Debit cards for cash withdrawals & payments and free accident insurance coverage of Rs. 2 lakhs.
  • Funding the unfunded – micro-insurance/Credit, overdraft for consumption, and micro-pension.
  • Focus shift from Every Household to Every Unbanked Adult.

Refer: facts for prelims: https://www.insightsonindia.com/2022/08/30/mission-2023-insights-daily-current-affairs-pib-summary-30-august-2022/

Ans: (c)

Explanation:

• Also referred to as the ‘Paris Agreement for the Ocean’, the treaty to deal with Biodiversity Beyond National Jurisdiction has been under discussion for several years.
• The proposed treaty concerns the ocean existing beyond the Exclusive Economic Zones that lie from the coast of a country to about 200 nautical miles or 370 km into the sea, till where it has special rights for exploration. Waters beyond that are known as open seas or high seas.

Refer: facts for prelims: https://www.insightsonindia.com/2022/08/30/mission-2023-insights-daily-current-affairs-pib-summary-30-august-2022/

Ans: (c)

Explanation:

• The United Nations Convention on the Law of the Sea (UNCLOS) defines the rights and responsibilities of nations with respect to their use of the world’s oceans, establishing guidelines for businesses, the environment, and the management of marine natural resources.
• International Seabed Authority (ISA) was established to organize, regulate and control all mineral-related activities in the international seabed area beyond the limits of national jurisdiction (referred to as “the Area”), an area underlying most of the world’s oceans. It is an organization established by the United Nations Convention on the Law of the Sea.
• The International Tribunal for the Law of the Sea (ITLOS) is an intergovernmental organization created by the mandate of the Third United Nations Conference on the Law of the Sea. It was established by the United Nations Convention on the Law of the Sea.
• UNCLOS is the only international convention which stipulates a framework for state jurisdiction in maritime spaces. It provides a different legal status to different maritime zones. It provides the backbone for offshore governance by coastal states and those navigating the oceans

Refer: facts for prelims: https://www.insightsonindia.com/2022/08/30/mission-2023-insights-daily-current-affairs-pib-summary-30-august-2022/

Ans: (c)

Explanation:

• S1: 5G wireless technology is meant to deliver higher multi-Gbps peak data speeds, ultra-low latency, more reliability, massive network capacity, increased availability, and a more uniform user experience to more users. Higher performance and improved efficiency empower new user experiences and connects new industries.
• S2: Like its predecessors, 5G networks are cellular networks, in which the service area is divided into small geographical areas called cells. All 5G wireless devices in a cell are connected to the Internet and telephone network by radio waves through a local antenna in the cell.
• S3: 5G has been deployed in 35+ countries and counting.

Refer: facts for prelims: https://www.insightsonindia.com/2022/08/30/mission-2023-insights-daily-current-affairs-pib-summary-30-august-2022/

Ans: (d)

Explanation:

• The Falklands Conflict was a short undeclared war between Argentina and Britain over the sovereignty of the Falkland Islands (known as Islas Malvinas in Argentina), South Georgia and the South Sandwich Islands.

Refer: facts for prelims: https://www.insightsonindia.com/2022/08/30/mission-2023-insights-daily-current-affairs-pib-summary-30-august-2022/

Ans: (d)

Explanation:

• Option A:This would help control imports and thus the depreciation of rupee.
• Option B:Masala bonds were brought in to curb slide of rupee since the borrowing is rupee-dominated and does not put pressure on our currency through borrowing dollars.
• Option C:Easing ECBs will lead to higher borrowing abroad and would temporarily bridge the deficit of forex in India preventing the slide of rupee.
• Option D:An expansionary monetary policy may lead to lower interest rates and thus flight of foreign capital from India (which would get better returns abroad). Also, such a policy may fuel inflation and higher imports through higher government spending and further cause slide of rupee. So, D is the answer.

Refer: UPSC CSE 2019