[MISSION 2024] RTM(Revision through MCQs)- 17 January 2024

Ans: (b)

Explanation:

• IBC, 2016 is an Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner.
• Insolvency and Bankruptcy Code (IBC), 2016:
  • Override other existing laws on matters pertaining to Insolvency and Bankruptcy.
  • Debt Recovery Tribunal – Adjudicating authority for individuals and partnerships.
  • National Company Law Tribunal – Adjudicating authority for corporate insolvency (forCompanies and Limited Liability Partnership firms).
  • Insolvency and Bankruptcy Board of India to exercise regulatory oversight over insolvency professionals, insolvency professional agencies and information utilities.
  • The Insolvency and Bankruptcy Board of India is under the Ministry of Corporate Affairs (MCA).
  • Enabling provisions to deal with cross border insolvency.

Refer: https://www.insightsonindia.com/2024/01/17/appraisal-of-ibc/

Ans: (b)

Explanation:

• Context: Kachchhi Kharek, the indigenous variety of dates from Kutch, Gujarat, has been granted a geographical indication (GI) tag by the Controller General of Patents, Designs and Trade Marks (CGPDT) of India.
• This makes Kachchhi Kharek the second fruit from Gujarat to receive a GI tag, following Gir kesar mango in 2011.

Refer: https://www.insightsonindia.com/2024/01/17/kachchhi-kharek/

Ans: (c)

Explanation: About India Meteorological Department:

• The India Meteorological Department (IMD) is the primary government agency for meteorology and related topics.
• It is responsible for weather forecasting, seismology, and meteorological observations.
• The IMD was established in 1875 by the Government of India. Its parent organization is the Ministry of Earth Sciences. The IMD’s subsidiaries include the Regional Meteorological Centre, Chennai and the Indian Institute of Tropical Meteorology.
• IMD became a member of the World Meteorological Organisation after independence on 27 April 1949. The agency has gained in prominence due to the significance of the monsoon rains on Indian agriculture.

Refer: https://www.insightsonindia.com/2024/01/17/india-meteorological-department/

Ans: (b)

Explanation:

• Statements 1 and 3 are correct.
• S1: KABIL is a joint venture, involving NALCO, MECL, and HCL, and is focused on identifying and acquiring strategic minerals overseas for India’s use.
• S2: Chile has the largest lithium reserves worldwide by a large margin. Australia comes in second, with reserves estimated at 6.2 million metric tons in 2022.
• S3: Argentina, as part of the “Lithium Triangle” along with Chile and Bolivia, is a significant producer of lithium, holding the world’s third-largest lithium reserve.

Refer: https://www.insightsonindia.com/2024/01/17/lithium-exploration/

Ans: (d)

Explanation:

• Bordered by the Andes in the west and the South Atlantic Ocean to the east, its neighbouring countries are Chile to the west, Bolivia and Paraguay to the north, and Brazil and Uruguay to the northeast.

Refer: https://www.insightsonindia.com/2024/01/17/lithium-exploration/

Ans: (a)

Explanation:

• Context: A recent discussion paper by NITI Aayog reveals that in the last nine years, over 24 crore Indians have escaped multidimensional poverty, showcasing a steep decline in the Poverty Headcount Ratio from over 29% in 2013-14 to about 11% in 2022-23.
• Only Statement 1 is correct.
• The Global Multidimensional Poverty Index report of 2023 of the United Nations Development Programme (UNDP) and the Oxford Poverty & Human Development Initiative (OPHI), which was released recently, also shows that the incidence of the multidimensional poverty index declined from 27.5% in 2015-16 to 16.2% in 2019-21.
• Multidimensional poverty estimates are not substitutes for National Sample Survey (NSS) consumption-based poverty ratios.

Refer: https://www.insightsonindia.com/2024/01/17/multidimensional-poverty-index-mpi/

Ans: (a)

Explanation:

• Context: Prime Minister Narendra Modi fed Punganur cows at his residence on Makar Sankranti. Punganur is a unique dwarf breed native to Andhra Pradesh, considered the shortest-humped cattle globally.
• S1: The Punganur is an indigenous breed native to the Punganoor, Vayalapadu, Madanapalli, and Palamaneer talukas of Chittoor district in the Rayalaseema region of southern Andhra Pradesh. They are a unique dwarf breed, considered the shortest humped cattle in the world. Their small size makes it easy to keep them at home.
• S2:Punganur cows can be white or grey, or of shades of light or dark brown. They have small, crescent-shaped horns of 10-15 cm length, which often curve backward and forward in male cattle and lateral and forward in female cattle of the breed. Females have slightly longer horns than the stumpier ones in male.
• S3: Of the pure breed of Punganur, the 2019 livestock census recorded the largest number, 8,806, in Andhra Pradesh, followed by Telangana (977), Karnataka (66), Kerala (15), Maharashtra (6), and Tamil Nadu (6). In the Punganur graded category too, the largest numbers were recorded in Andhra Pradesh (2,725), followed by Telangana (399), Karnataka (351), Tamil Nadu (10), and Kerala (4).
  • In the 2012 livestock census Punganur were found only in Andhra Pradesh.

Refer: https://www.insightsonindia.com/2024/01/17/punganur-cows/

Ans: (c )

Explanation:

• Fixed-dose combination (FDC) refers to a pharmaceutical formulation that contains two or more active ingredients combined in a fixed ratio in a single dosage form. Each of the active ingredients in the combination maintains a constant dose.
• FDCs are commonly used in various medical fields, including the treatment of infectious diseases, chronic conditions, and other health issues.
• While FDCs offer several advantages, including improved adherence and potentially enhanced effectiveness, they do not necessarily reduce the risk of drug interactions. In fact, combining multiple medications can actually increase the potential for interactions, even if the individual drugs have been deemed safe on their own. This is because interactions can occur even between drugs with low individual risks, and FDCs introduce additional variables that can affect how medications are absorbed, metabolized, and excreted.

Refer: https://www.insightsonindia.com/2024/01/17/fixed-dose-combination/

Ans: (a)

Explanation:

• The National Green Tribunal, established in 2010, as per the National Green Tribunal Act is a specialised judicial body equipped with expertise solely for the purpose of adjudicating environmental cases in the country.
• The Tribunal is tasked with providing effective and expeditious remedy in cases relating to environmental protection, conservation of forests and other natural resources and enforcement of any legal right relating to environment. The Tribunal’s orders are binding and it has power to grant relief in the form of compensation and damages to affected persons.
• The Tribunal has a presence in five zones- North, Central, East, South and West. The Principal Bench is situated in the North Zone, headquartered in Delhi.
• The Tribunal’s orders are enforceable as the powers vested are the same as in a civil court under the Code of Civil Procedure, 1908.
• The Tribunal has powers to review its own decisions. If this fails, the decision can be challenged before the Supreme Court within ninety days.
• The Tribunal is an open court and its proceedings can be attended in person.

Refer: https://www.insightsonindia.com/2024/01/17/coastal-zone-management-plans/

Ans: (b)

Explanation:

• Context: In Jharkhand, a ‘Vulture Restaurant’ has been established in Koderma district as part of a conservation effort to address the declining vulture population.
• The initiative aims to combat the impact of livestock drugs, particularly diclofenac, on vultures.
• The restaurant serves as a designated feeding site for vultures, awaiting the completion of protocols for diclofenac-free carcasses.

Refer: https://www.insightsonindia.com/2024/01/17/vulture-restaurant-in-jharkhand/