[Mission 2024] Current Affairs Quiz , 28 October 2023

Solution: c)

E-commerce Rules define fall-back liability as ‘the liability of the marketplace e-commerce entity where a seller registered with such entity fails to deliver the goods or services ordered by a consumer due to negligent conduct, omission or commission of any act by such seller in fulfilling the duties and liabilities in the manner as prescribed by the marketplace e-commerce entity which causes loss to the consumer.

Solution: c)

Statement 4 is incorrect.

At the 27th Session of Conference of Parties (COP27), the Mangrove Alliance for Climate (MAC) was launched with India as a partner.

An initiative led by the United Arab Emirates (UAE) and Indonesia, the Mangrove Alliance for Climate (MAC) includes India, Sri Lanka, Australia, Japan, and Spain. It seeks to educate and spread awareness worldwide on the role of mangroves in curbing global warming and its potential as a solution for climate change.

However, the intergovernmental alliance works on a voluntary basis which means that there are no real checks and balances to hold members accountable. Instead, the parties will decide their own commitments and deadlines regarding planting and restoring mangroves. The members will also share expertise and support each other in researching, managing and protecting coastal areas.

Solution: b)

Statement 1 is incorrect.

Reduction in mortality normally leads to a rising population. A drop-in fertility, on the other hand, slows down population growth, ultimately resulting in absolute declines. The total fertility rate (TFR) — the number of babies an average woman bears over her lifetime.

A TFR of 2.1 is considered as “replacement-level fertility”. Simply understood, a woman having two children basically replaces herself and her partner with two new lives. Since all infants may not survive to realise their reproductive potential, the replacement TFR is taken at slightly above two. It ensures that each generation replaces itself.

Populations can keep growing even with TFRs falling. De-growth requires TFRs to remain below replacement levels for extended periods. The effects of that — fewer children today becoming parents tomorrow and procreating just as much or less — may reflect only after a couple of generations.

Solution: a)

Only statement 2 is correct.

To mark the inauguration of the new Parliament building, the Prime released a commemorative coin of Rs 75 denomination on May 28.

How can one get commemorative coins and can we spend them?

If someone wants to acquire commemorative coins, they can do so by visiting the website of the Securities of Printing and Minting Corporation of India Limited (SPMCIL). Most often, such coins are meant to be just collectables as their worth may not necessarily be the same as their face value — they are partially made of precious metals such as silver or gold; as mentioned above, the latest commemorative coin is 50 per cent silver.

Who has the power to design and mint coins?

The Coinage Act, 2011 gives the central government the power to design and mint coins in various denominations. In the case of coins, the role of the RBI is limited to the distribution of coins that are supplied by the central government.

Speaking about commemorative coins, the central government regularly releases them according to its choice, but it also mints such coins at the request of third parties.

All coins are minted in the four mints owned by the Government of India in Mumbai, Hyderabad, Kolkata and Noida.

When was the first time India issued a commemorative coin?

The country released its first commemorative coin in 1964 in honour of Jawaharlal Nehru, who had passed away that year.

Solution: c)

A semiconductor is a material which has an electrical conductivity value falling between that of a conductor, such as copper, and an insulator, such as glass. 

All modern-era digital devices, as well as future innovations, rely on the semiconductor sector. These discrete, yet very sophisticated elements drive almost all upcoming technologies, including AI, cloud computing, quantum computing, enhanced wireless networks, blockchain applications, bitcoin mining, 5G, IoT, self-driving vehicles, drones, robots, gaming, and wearables.

The Centre has sanctioned the Production-Linked Incentive (PLI) and Design Linked Incentive (DLI) schemes to encourage the manufacturing of various semiconductor goods within India.