[MISSION 2024] RTM(Revision through MCQs)- 14 October 2023

Ans: (c )

Explanation:

• The IMF was set up in 1945 with the aim to bring about international economic coordination to prevent competing currency devaluation by countries trying to promote their own exports. It later went on to become a last resort lender for countries facing severe economic crises.
• IMF funds come from three sources: member quotas, multilateral and bilateral borrowing agreements. Quotas are the IMF’s main source of financing, wherein each member of the IMF is assigned a quota, based broadly on its relative position in the world economy.

Refer: https://www.insightsonindia.com/2023/10/14/multilateral-development-banks-mdbs-bigger-better-and-bolder-by-2030/

Ans: (c )

Explanation:

• India is a member of four of the five constituents of the World Bank Group viz., International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA). India is not a member of ICSID (International Centre for Settlement of Investment Disputes). India has been accessing funds from the World Bank (mainly through IBRD and IDA) for various development projects.

Refer: https://www.insightsonindia.com/2023/10/14/multilateral-development-banks-mdbs-bigger-better-and-bolder-by-2030/

Ans: (b )

Explanation:

• The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group. Our mandate is to promote cross-border investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders.
• Our guarantees protect investments against noncommercial risks and can help investors obtain access to funding sources with improved financial terms and conditions. The Agency derives its unique strength from the World Bank Group and from its structure as an international organization whose shareholders include most countries of the world. This enables us to provide an umbrella of deterrence against government actions that could disrupt projects, and assist in the resolution of disputes between investors and governments. We also add value through our ability to offer clients extensive knowledge of emerging markets and of international best practice in environmental and social management.

Refer: https://www.insightsonindia.com/2023/10/14/multilateral-development-banks-mdbs-bigger-better-and-bolder-by-2030/

Ans: (b)

Explanation:

• P2E is an e-learning solution, launched in 2022, by UNICEF India, YuWaah and partners. This initiative aligns with the National Education Policy and provides free access to certificate courses in relevant skills. It aims to empower 5 million youth between the ages of 14-29 with skills (by 2024) and connect them to job and self-employment opportunities to achieve financial independence.

Refer: https://www.insightsonindia.com/2023/10/14/unicefs-passport-to-earning-p2e-initiative/

Ans: (d)

Explanation:

• The Global Hunger Index (GHI) is an annual report that measures and tracks hunger at the global, regional, and country levels. The GHI is published by the Irish NGO Concern Worldwide and the German NGO Welthungerhilfe. The GHI’s goal is to trigger action to reduce hunger around the world

Refer: https://www.insightsonindia.com/2023/10/14/global-hunger-index-4/

Ans: (c)

Explanation:

Refer: https://www.insightsonindia.com/2023/10/14/indian-ocean-rim-association-iora-3/

Ans: (a)

Explanation:

• Context: Trinity Saioo, the 2021 Padma Shri winner known as the “Turmeric Trinity,” who was recognized for her work in promoting Lakadong turmeric cultivation in Meghalaya, is now focusing on promoting the unique “Makhir” ginger of the state.
• Makhir ginger is known for its distinct pungency and medicinal properties.
• Meghalaya is home to two popular types of ginger, Makhir and Nadia, both known for their health benefits despite their small size.

Refer: https://www.insightsonindia.com/2023/10/14/makhir-ginger/

Ans: (b)

Explanation:

• The Baltic Sea is an arm of the Atlantic Ocean that is enclosed by Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Russia, Sweden and the North and Central European Plain.

Refer: https://www.insightsonindia.com/2023/10/14/baltic-connector-gas-pipeline/

Ans: (c )

Explanation:

• S1 is a protocol under UNTOC, and S3 is wrong as UNCAC has that provision.
• The United Nations Convention against Corruption is the only legally binding international anti-corruption multilateral treaty
• The United Nations Office on Drugs and Crime (UNODC) is mandated by its Member States to assist in the implementation of both Conventions, which along with the UN Drug Conventions of 1961, 1971 and 1988 underpin all the operational work of UNODC.
• See https://www.unodc.org/southasia/en/frontpage/2011/may/indian-govt-ratifies-two-un-conventions.html

Refer: UPSC CSE 2019

Ans: (c )

Explanation:

• Schedule 1 of the Act contains detailed provisions for selection of landfill sites.
• As per the new rules, the landfill site shall be 100 metres away from a river, 200 metres from a pond, 500, 200 metres away from highways, habitations, public parks and water supply wells and 20 km away from airports/airbase. Construction of landfills on hills shall be avoided. Land for construction of sanitary landfills in hilly areas will be identified in the plain areas, within 25 kilometers. However, transfer stations and processing facilities shall be operational in the hilly areas.
• See https://www.downtoearth.org.in/news/waste/solid-waste-management-rules-2016-53443

Refer: UPSC CSE 2019