[Mission 2023] Current Affairs Quiz , 1 October 2022

Solution: c)

How can a tight liquidity condition impact consumers?

A tight liquidity condition could lead to a rise in the government securities yields and subsequently lead to a rise in interest rates for consumers too. 

Source

Solution: d)

‘One Health’ is an approach to designing and implementing programmes, policies, legislation and research in which multiple sectors communicate and work together to achieve better public health outcomes.

The areas of work in which a One Health approach is particularly relevant include food safety, the control of zoonoses (diseases that can spread between animals and humans, such as flu, rabies and Rift Valley Fever), and combatting antibiotic resistance (when bacteria change after being exposed to antibiotics and become more difficult to treat).

Solution: b)

A buyback is a mechanism through which a listed company buys back shares from the market.

It can be done either through open market purchases or through the tender offer route.

Under the open market mechanism, the company buys back the shares from the secondary market while under tender offer, shareholders can tender their shares during the buyback offer. In a tender offer, the company fixes a fixed price for the buyback and investors can tender their shares by placing a bid with the broker.

Both Institutional investors and retail shareholders take part in a buy back offer.

Solution: c)

The Central Drugs Standard Control Organisation (CDSCO) under Directorate General of Health Services, Ministry of Health & Family Welfare, Government of India is the National Regulatory Authority (NRA) of India.

• The Drugs & Cosmetics Act, 1940 and rules 1945 have entrusted various responsibilities to central & state regulators for regulation of drugs & cosmetics.
• The regulation of manufacture, sale and distribution of Drugs is primarily the concern of the State authorities while the Central Authorities are responsible for approval of New Drugs, Clinical Trials in the country, laying down the standards for Drugs, control over the quality of imported Drugs, coordination of the activities of State Drug Control Organisations and providing expert advice with a view of bringing about the uniformity in the enforcement of the Drugs and Cosmetics Act.

Solution: d)

MARPOL is an IMO’s International Convention for the Prevention of Pollution from Ships (MARPOL) and it has regulations on prevention of pollution by garbage, which prohibits the discharge of plastics (including fishing gear) into the sea from ships.