[Mission 2023] QUED ( Questions from Editorials ) 7 December 2022

Solution: b)

Article 345 leaves it to the State to choose its language for official purposes. In actual practice, several States and Union Territories continue to use English.

Article 348 (1) of the Constitution of India provides that all proceedings in the Supreme Court and in every High court shall be in English Language until Parliament by law otherwise provides.

Educational institutions of “national importance” and those of “scientific and technical education financed by Government of India” are in the Union List.

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Solution: d)

The Tobin tax is a tax levied on spot currency conversions, with the intention of disincentivizing short-term currency speculation, named after economist James Tobin.

In contrast to a consumption tax paid by consumers, the Tobin tax is meant to apply to financial sector participants as a means of controlling the stability of a given country’s currency. It is more formally known today as a Financial Transactions Tax (FTT).

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Solution: b)

When one is looking at quarterly data, it is best to look at GVA data because it is this which is the observed data. The GDP is derived by looking at the GVA data.

The GDP and GVA are related by the following equation: GDP = (GVA) + (Taxes earned by the government) — (Subsidies provided by the government)

As such, if the taxes earned by the government are more than the subsidies it provides, the GDP will be higher than GVA. 

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Solution: d)

Microgravity is the condition in which people or objects appear to be weightless. The effects of microgravity can be seen when astronauts and objects float in space.

Microgravity can be experienced in other ways, as well. “Micro-” means “very small,” so microgravity refers to the condition where gravity seems to be very small. In microgravity, astronauts can float in their spacecraft – or outside, on a spacewalk. Heavy objects move around easily. For example, astronauts can move equipment weighing hundreds of pounds with their fingertips.

Solution: b)

About IRENA:

1. It is an intergovernmental organisation mandated to facilitate cooperation, advance knowledge, and promote the adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity.
2. It is the first international organisation to focus exclusively on renewable energy, addressing needs in both industrialized and developing countries.
3. IRENA is an official United Nations observer.

World Energy Outlook report is released by International Energy Agency (IEA).