[Mission 2023] QUED ( Questions from Editorials ) 15 September 2022

Solution: c)

Coronal Mass Ejections (CMEs) are large expulsions of plasma and magnetic field from the Sun’s corona. They can eject billions of tons of coronal material and carry an embedded magnetic field (frozen in flux) that is stronger than the background solar wind interplanetary magnetic field (IMF) strength. CMEs travel outward from the Sun at speeds ranging from slower than 250 kilometers per second (km/s) to as fast as near 3000 km/s.

The fastest Earth-directed CMEs can reach our planet in as little as 15-18 hours. Slower CMEs can take several days to arrive. They expand in size as they propagate away from the Sun and larger CMEs can reach a size comprising nearly a quarter of the space between Earth and the Sun by the time it reaches our planet.

Solution: a)

The Reserve Bank of India (RBI) has introduced the prompt corrective action (PCA) framework for non-banking financial companies (NBFCs).

RBI had introduced a PCA framework for scheduled commercial banks in 2002 and the same has been reviewed from time to time based on the experience gained and developments in the banking system.

The objective of the PCA framework is to enable supervisory intervention at appropriate time and require the supervised entity to initiate and implement remedial measures in a timely manner, so as to restore its financial health.

The PCA framework is also intended to act as a tool for effective market discipline. It does not preclude the RBI from taking any other action as it deems fit at any time in addition to the corrective actions prescribed in the framework.

Solution: b)

IMF releases World Economic Outlook

Solution: c)

The start of kinnow season in Punjab also brings with it the falling fruit, which is considered a total waste by farmers. Farmers can collect these dropped fruits from their kinnow fields and prepare bio-enzymes (BEs) at a low cost.

Kinnow is a year-long duration crop and the main harvesting period is from November-end to March, but some varieties of citrus fruit start coming into the markets in October. Horticulture department experts say nearly 15-20 per cent (1.5 lakh to 2 lakh tonnes) of the total kinnow production falls from the tree before and during the harvesting period.

Solution: a)

The Indian Council for Cultural Relations (ICCR), is an autonomous organisation of the Government of India, involved in India’s global cultural relations, through cultural exchange with other countries and their people. It was founded on 9 April 1950 by Maulana Abul Kalam Azad, the first Education Minister of independent India.

The Ministry of Civil Aviation had written to Indian airlines and airports in the country asking them to play Indian music following a request from the Indian Council for Cultural Relations (ICCR).