[Mission 2023] QUED ( Questions from Editorials ) 21 February 2023

Solution: d)

Article 102 in The Constitution Of India: Disqualifications for membership

A person shall be disqualified for being chosen as, and for being, a member of either House of Parliament —

(a) if he holds any office of profit under the Government of India or the Government of any State, other than an office declared by Parliament by law not to disqualify its holder;

(b) if he is of unsound mind and stands so declared by a competent court;

(c) if he is an undischarged insolvent;

(d) if he is not a citizen of India, or has voluntarily acquired the citizenship of a foreign State, or is under any acknowledgment of allegiance or adherence to a foreign State;

(e) if he is so disqualified by or under any law made by Parliament.

Source

Solution: c)

Methane is one of the main drivers of climate change, responsible for 30 per cent of the warming since preindustrial times, second only to carbon dioxide. Over a 20-year period, methane is 80 times more potent at warming than carbon dioxide, according to a report by the United Nations Environment Programme.

It’s also the primary contributor to the formation of ground-level ozone, a colourless and highly irritating gas that forms just above the Earth’s surface.

While carbon dioxide remains in the atmosphere for much longer than methane, methane is roughly 25 times more powerful at trapping heat in the atmosphere, and has an important short-term influence on the rate of climate change.

Source

Solution: b)

The Survey provides a detailed report of the national economy for the year along with forecasts. It touches upon everything from agriculture to unemployment to infrastructure. It is prepared by the Economic Division of the Department of Economic Affairs (DEA).

The comments or policy solutions contained in the Survey are not binding on the government.

Source

Solution: c)

Central Cottage Industries Corporation of India Ltd. (CCIC), a Public Sector Undertaking under the Ministry of Textiles is engaged in the promotion and retail marketing of authentic high quality Indian Handloom and Handicraft products through its showrooms in New Delhi, Bengaluru, Chennai, Kolkata, Secunderabad, Varanasi and Gujarat.

CCIC sources its merchandise directly from artisans, weavers, master craft persons, Shilp Gurus, National Awardees and Clusters.

CCIC is dedicated to the development of Indian crafts including languishing and vanishing crafts and weaves. It is unique as it covers all crafts, all paintings and all handloom from entire India and does not target for any particular area or community, thus providing a unique platform for showcasing and marketing of handloom & handicraft products globally.

Solution: a)

Inflation redistributes wealth from creditors to debtors, i.e., lenders suffer and borrowers benefit out of inflation. The opposite effect takes place when inflation falls (i.e., deflation).

With every inflation the currency of the economy depreciates (loses its exchange value in front of a foreign currency) provided it follows the flexible currency regime.

Holding money does not remain an intelligent economic decision (because money loses value with every increase in inflation).