[Mission 2023] Current Affairs Quiz , 11 October 2022

Solution: b)

Parliament can also constitute a Joint Parliamentary Committee (JPC) with a special purpose, with members from both Houses, for detailed scrutiny of a subject or Bill. Also, either of the two Houses can set up a Select Committee with members from that House. JPCs and Select Committees are usually chaired by ruling party MPs, and are disbanded after they have submitted their report.

The time to speak on a Bill is allocated according to the size of the party in the House. MPs often do not get adequate time to put forward their views in Parliament, even if they are experts on the subject. Committees are small groups with relatively less demands on their time; in these meetings, every MP gets a chance and the time to contribute to the discussion. Parliament has only around 100 sittings a year; Committee meetings are independent of Parliament’s calendar.

There are 16 Departmentally Related Standing Committees for Lok Sabha and eight for Rajya Sabha; however, every Committee has members from both Houses. Lok Sabha and Rajya Sabha panels are headed by members of these respective Houses.

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Solution: b)

Japan will host the 2022 edition of the Malabar naval exercise consisting of India, Australia, Japan and the U.S. in the second week of November.

End of October, the India-U.S. bilateral Army exercise ‘Yudh Abhyas’ is scheduled to take place in the high-altitude areas of Uttarakhand, around 100 km (aerial distance) from the Line of Actual Control (LAC).

India is currently hosting the multilateral anti-terror exercise ‘Manesar Anti-terror 2022’ under the ambit of the Shanghai Cooperation Organisation (SCO) Regional Anti-Terrorism Structure scheduled from October 8 to 13.

India and Japan held the sixth edition of the bilateral naval exercise Jimex-2022 in September off Visakhapatnam.

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Solution: c)

What is OPEC+?

Established in 1960 by founding members Iran, Iraq, Kuwait, Saudi Arabia and Venezuela, OPEC has since expanded and now has 13 member states. With the addition of another 11 allied major oil-producing countries that include Russia, the grouping is known as OPEC+.

The objective of the organisation is to “coordinate and unify the petroleum policies of its Member Countries and ensure the stabilisation of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry,”

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Solution: a)

Solution: c)

Assessed contributions are the dues countries pay in order to be a member of the Organization. The amount each Member State must pay is calculated relative to the country’s wealth and population.

Assessed contributions have declined as an overall percentage of the Programme Budget and have, for several years, accounted for less than one quarter of the Organization’s financing. The balance is mobilized through voluntary contributions.

In recent years, voluntary contributions have accounted for more than three quarters of the Organization’s financing.