[Mission 2024] Current Affairs Quiz , 24 July 2023

Solution: a)

Only statement 1 is correct.

• Recirculatory Aquaculture System (RAS) is a technology where water is recycled and reused after mechanical and biological filtration and removal of suspended matter and metabolites.
• This method is used for high- density culture of various species of fish, utilizing minimum land area and water.
• It is an intensive high-density fish culture unlike other aquaculture production systems.
• Instead of the traditional method of growing fish outdoors in open ponds and raceways, in this system fish are typically reared in indoor/outdoor tanks in a controlled environmen
• The technology is based on the use of mechanical and biological filters and the method can be used for any species grown in aquaculture.

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Solution: b)

Statement 2 is incorrect.

India has registered a decline in the number of “multidimensionally poor” individuals, from 24.85 per cent in 2015-16 to 14.96 per cent in 2019-2021, according to a report by the government think tank Niti Aayog.

What is multidimensional poverty?

This is the second edition of Niti Aayog’s report on the Multidimensional Poverty Index (MPI). It captures overlapping deprivations in health, education and living standards and other broader qualitative aspects of life, like child mortality, housing conditions, and other basic services such as water and sanitation to ascertain multidimensional poverty. The primary data source to arrive at these figures was National Family Health Survey-5 (NFHS-5).

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Solution: a)

A bacteriophage is a type of virus that infects bacteria. In fact, the word “bacteriophage” literally means “bacteria eater,” because bacteriophages destroy their host cells. All bacteriophages are composed of a nucleic acid molecule that is surrounded by a protein structure. In other words, they are comprised of a protein capsule around an RNA or DNA genome.

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Solution: b)

Statement 2 is incorrect.

According to the Rules of Procedure and Conduct of Business in the Council of States (Rajya Sabha), under Rule 267, Rajya Sabha MPs can give a written notice to suspend all listed business and discuss an issue of importance the country is facing.

Short-duration discussion, on the other hand, is a brief discussion not exceeding two-and-a-half hours under Rule 176. It says that “any member desirous of raising discussion on a matter of urgent public importance may give notice in writing to the Secretary-General specifying clearly and precisely the matter to be raised: Provided that the notice shall be accompanied by an explanatory note stating reasons for raising discussion on the matter in question: Provided further that the notice shall be supported by the signatures of at least two other members.”

Short-duration discussion under Rule 176 can be taken up immediately, a few hours later, the next day or can be fixed for a later date and time. But the rule says there shall be no formal motion or voting under a short duration discussion. “The member who has given notice may make a short statement and the Minister shall reply shortly,” the rule says.

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Solution: d)

In January 2014, an expert committee of the RBI submitted its report on the ways to revise and strengthen the monetary policy framework in India, it chose to target retail inflation.

Here’s why.

Firstly, the committee pointed out that wholesale inflation “does not capture price movements in non-commodity producing sectors like services, which constitute close to two-thirds of economic activity in India”.

Secondly, it pointed out that wholesale inflation “does not generally reflect price movements in all wholesale markets”. This happens because price quotations for some important commodities such as milk, LPG etc. are taken from retail markets.

Thirdly, movements in WPI often reflect large external shocks and as such, the wholesale inflation rate is often subject to large revisions.