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6 NOV CURRENT AFFAIRS (MCQ)

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6 NOV CURRENT AFFAIRS (MCQ)

Q1. Consider the following statement(s) with reference to Non Performing Asset
  1. A non-performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days.
  2. Assets that have remained NPA for a period less than or equal to 12 months are doubtful assets

Which of the above statement(s) is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2
Solution : a)
Explanation :-

Non Performing Asset:

  • NPAs can be classified as a substandard asset, doubtful asset, or loss asset, depending on the length of time overdue and probability of repayment.
  • A non-performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days.
  • Substandard assets: Assets that have remained NPA for a period less than or equal to 12 months.
  • Doubtful assets: An asset would be classified as doubtful if it has remained in the substandard category for a period of 12 months.
  • Loss assets: As per RBI, “Loss asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value.”

Q2. Consider the following statement(s) with reference to Fast Radio Burst (FRB)

  1. The FRBs are bright bursts of radio waves whose durations lie in the millisecond-scale.
  2. The first FRB was discovered in 2007, since when scientists have been working towards finding the source of their origin. 

Which of the above statement(s) is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2
Solution : c)
Explanation :- Fast Radio Burst (FRB)
  • The first FRB was discovered in 2007, since when scientists have been working towards finding the source of their origin. 
  • The FRBs are bright bursts of radio waves (radio waves can be produced by astronomical objects with changing magnetic fields) whose durations lie in the millisecond-scale, because of which it is difficult to detect them and determine their position in the sky.
  • FRB detected recently:
    • The source of the FRB detected recently in the Milky Way is a very powerful magnetic neutron star, referred to as a magnetar, called SGR 1935+2154 or SGR 1935. o The FRB was part of one of the magnetar’s most prolific flare-ups, with the Xray bursts lasting less than a second. 
    • The radio burst, on the other hand, lasted for a thousandth of a second and was thousands of times brighter than any other radio emissions from magnetars seen in the Milky Way previously. 

It is possible that the FRB-associated burst was exceptional because it likely occurred at or close to the magnetar’s magnetic pole.

Q3. According to the Article 54 of the Constitution of India, the President shall be elected by the members of an electoral college consisting of 
  1. Only the elected members of both Houses of Parliament.
  2. Only the elected members of the Legislative Assemblies of the States, excluding the National Capital Territory of Delhi and the Union territory of Pondicherry.
Choose the correct answer using the codes given below
  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2
Solution : a)
Explanation :-

Article 54: The President shall be elected by the members of an electoral college consisting of 

  1. The elected members of both Houses of Parliament; and
  2. The elected members of the Legislative Assemblies of the States. Explanation: “State” includes the National Capital Territory of Delhi and the Union territory of Pondicherry.

Q4. With reference to the Gandhian Young Technological Innovation awards, consider the following statements:

  1. The Gandhian Young Technological Innovation (SITARE-GYTI) awards are given every year to the most promising technologies developed by the students in life sciences, biotechnology, agriculture, medical devices etc.
  2. Sustainable Technological Innovations-Gandhian Young Technological Innovation (SRISTIGYTI) awards are given to students in other engineering disciplines.

Which of the statements given above is/are correct?

  1. 1 only
    1. 2 only
    1. Both 1 and 2
    1. Neither 1 nor 2
Solution : c)
Explanation :-

Union Minister of Science & Technology gave away Gandhian Young Technological Awards in two categories -SITARE-GYTI and SRISTI-GYTI awards.

     Gandhian Young Technological Innovation awards constitute two categories of awards:

o Students Innovations for Advancement of Research Explorations – Gandhian Young Technological Innovation (SITARE-GYTI) under Biotechnology Industry Research Assistance

Council (BIRAC), Department of Biotechnology (DBT) and o Sustainable Technological Innovations-Gandhian Young Technological Innovation (SRISTIGYTI) given by SRISTI.

  • The awards and appreciations are given under these two categories to encourage technology students to move towards setting up Biotech and other start-ups.
  • The SITARE-GYTI awards are given every year to the most promising technologies developed by the students in life sciences, biotechnology, agriculture, medical devices etc.
  • SRISTI-GYTI awards are given to students in other engineering disciplines.

Q5. Moto Tunnel, recently seen in news, is located in:

  1. Pakistan
    1. Iraq
    1. Iran
    1. France
Solution : a)
Explanation :-

On October 29, Pakistan’s Ministry of Climate Change opened the 129-year-old Moto Tunnel for tourists after its revival at the Ayubia National Park in Khyber Pakhtunkhwa province.

  • The 250-feet long, 6-feet high and 4-feet wide Moto Tunnel carved out of stones and clay, is part of the longer ‘nature pipeline walk’ (a walk through the forests) in the Ayubia National Park of Khyber Pakhtunkhwa province in Pakistan.
  • Located close to Ayubia is Murree, a small and famous hill town since British era in Galyat region (extending on both sides of Khyber Pakhtunkhwa and Punjab provincial border of Pakistan).
  • The Galyat region is known among tourists for its hill towns and nature walk tracks through the forests. The tunnel has a stone mark atop with ‘1891’ carved on it, indicating the year it was built by the British.
  • A British-era architectural marvel, the tunnel since decades was lying closed, buried under the heaps of trash and filth.
  • Hence, option (a) is the correct answer.

Q6. With reference to the ‘Ephemeral messaging’, consider the following statements:

  1. It is the mobile-to-mobile transmission of multimedia messages that automatically disappear from the recipient’s screen after the message has been viewed.
    1. WhatsApp is the first app to offer this.

Which of the statements given above is/are correct?

  1. 1 only
    1. 2 only
    1. Both 1 and 2
    1. Neither 1 nor 2
Solution : a)
Explanation :-

 ‘Ephemeral messaging’ has made its way to WhatsApp. The Facebook-owned messaging app has officially announced a new feature — ‘disappearing messages’ — to the platform, which will start rolling out to all users globally by this month.

  • Ephemeral messaging or Disappearing messages is the mobile-to-mobile transmission of multimedia messages that automatically disappear from the recipient’s screen after the message has been viewed. The word “ephemeral” describes something that only lasts for a short period of time.
  • The idea of ‘ephemeral’ messages is not new, and WhatsApp is not the first app to offer this. Other encrypted messaging apps like Telegram, Signal, Wire already offer such an option.
  • WhatsApp says this will bring a new level of privacy to the app. By turning on disappearing messages, users will get some more control over which chats are getting saved.
  • Apps like Telegram, Wire, Signal typically offer an option where users can set a preferred time for their messages to disappear — this can range from a few seconds to a day to even a week.
  • WhatsApp is not giving this kind of customisation, it has decided the time limit of all users, which is fixed at seven days. Hence only statement 1 is correct.
Q7. Gurdwara Kartarpur Sahib is located across which of the following river? a) Ravi
  • Beas
  • Indus
  • Chenab
Solution : a)
Explanation :-

India has condemned the Pakistan government’s decision to transfer the management and administrative control of the Gurdwara Darbar Sahib in Kartarpur from a Sikh body — Pakistan Sikh Gurudwara Prabhandhak Committee (PSGPC) — to a trust under the Evacuee Trust Property Board, a non-Sikh body.

  • The Gurdwara Darbar Sahib, also known as Gurdwara Kartarpur Sahib, is located in Pakistan’s Narowal district across river Ravi, about five kilometres from the Dera Baba Nanak shrine in India’s Punjab.
  • Guru Nanak Dev, the first Sikh Guru had arrived in Kartarpur between 1520 and 1522, as per historians, and spent the last 18 years of his life there. It was in Kararpur that he laid the foundations of a Sikh religion. At his final resting place stands the gurdwara.
  • The Kartarpur Corridor was finally thrown open in 2019 with the two sides agreeing on visafree travel for Indian pilgrims to the shrine. The corridor was shut in March this year in view of the coronavirus pandemic.
  • Hence, option (a) is the correct answer.

Q8. With reference to the ‘Declaration of Private Sector on Climate Change’, consider the following statements:

1. It aims to take necessary action to help India achieve its targets under the Paris Agreement. 2. India submitted its ambitious nationally determined contributions (NDCs) in 2015 under the Paris Agreement for the post-2020 period with three quantitative goals. Which of the statements given above is/are correct?

  1. 1 only
    1. 2 only
    1. Both 1 and 2
    1. Neither 1 nor 2
Solution : c)
Explanation :-

Some of India’s biggest private sector companies pledged to work with the government to tackle climate change and build sustainable economies, thereby helping the country achieve its targets under the Paris Agreement.

  • CEOs of companies like Reliance Industries Ltd, Tech Mahindra, Dalmia Cement, Ambuja Cement, Dr Reddy’s, Sun Pharma and Adani Transmission etc. held a virtual discussion with Union Environment Minister at the India CEO Forum on Climate Change.
  • Following the discussion, they issued a ‘Declaration of Private Sector on Climate Change’, pledging to take necessary action to help India achieve its targets under the Paris Agreement.
  • The companies stated they aim to go beyond promotion of renewable energy, enhanced energy and material efficiency, improved processes and technologies, water efficiency processes, planned afforestation, waste management and recycling, etc.
  • India is party to the United Nations Framework Convention on Climate Change (UNFCCC).
  • India has ratified the Paris Agreement. India submitted its ambitious nationally determined contributions (NDCs) in 2015 under the Paris Agreement for the post-2020 period with three quantitative goals.  The goals are o reduction in emissions’ intensity of GDP by 33-35 per cent by 2030 from the 2005 level, o achieving about 40 per cent cumulative electric power installed capacity from non-fossil fuelbased energy resources by 2030, and

o creating an additional carbon sink of 2.5-3 billion tonnes of carbon dioxide equivalent through additional forest and tree cover by 2030.

    Hence both statements are correct.

Q9. With reference to Avadhānaṃ, consider the following statements:

  1. It is a literary performance popular from the very ancient days in India.
  2. It involves the partial improvisation of poems using specific themes, metres, forms, or words.

Which of the statements given above is/are correct?

  1. 1 only
    1. 2 only
    1. Both 1 and 2
    1. Neither 1 nor 2
Solution : c)
Explanation :-

The Vice President Venkaiah Naidu has observed that ‘avadhanam’ as a literary feat has greatly contributed to the Telugu language’s glorious tradition. The ‘International ‘Satavadhanam’’ program, launched virtually by the Vice President recently, was organized by Dr. Medasani Mohan under the auspices of Sri Krishnadevaraya Satsang in Tirupati.

  • Avadhānaṃ is a literary performance popular from the very ancient days in India.
  • Background: Avadhānaṃ originated as a Sanskrit literary process and is revived by poets in Telugu and Kannada in modern times.
  • It involves the partial improvisation of poems using specific themes, metres, forms, or words.
  • The Avadhanam event showcases, through entertainment, of superior mastery of cognitive capabilities – of observation, memory, multitasking in multiple modes of intelligence – literature, poetry, music, mathematical calculations, puzzle solving etc.
  • Avadhāni refers to the individual who performs the Avadhānaṃ; one of the many individuals asking questions is a Pṛcchaka (questioner).
  • Types: The number of Pṛcchakas can be 8 (Aṣtāvadhānaṃ) or 100 (Śatāvadhānaṃ) or even 1000 (sahasrāvadhānaṃ).
  • Hence both statements are correct.

Q10. With reference to the United Nations Industrial Development Organisations (UNIDO), consider the following statements:

  1. UNIDO is the specialized agency of the United Nations.
    1. UNIDO was established in 1966 by the UN General Assembly.

Which of the statements given above is/are correct?

  1. 1 only
    1. 2 only
    1. Both 1 and 2
    1. Neither 1 nor 2
Solution : c)
Explanation :-

United Nations Industrial Development Organisations (UNIDO) Representative in New Delhi has said that Regional Cluster concept of economic development is playing an important role in Indian success story.

  • UNIDO is the specialized agency of the United Nations.
  • As of 1 April 2019, 170 States are Members of UNIDO.
  • The mission of the UNIDO, as described in the Lima Declaration adopted at the fifteenth session of the UNIDO General Conference in 2013, is to promote and accelerate Inclusive and sustainable industrial development (ISID) in Member States.  Headquarters is located at Vienna, Austria.
  • UNIDO was established in 1966 by the UN General Assembly.
  • Hence both statements are correct.