ENGLISH QUIZ 04.07.2020

1.Consider the following statements related to Atmanirbhar Bharat Abhiyan:

1.Minister for Food Processing Industries Harsimrat Kaur Badal launched the PM Formalization of             Micro Food Processing Enterprises (PM FME) scheme as a part of “Atmanirbhar Bharat Abhiyan”.

2.The expenditure under the scheme will be shared in 50:40 percent ratio between state and central              governments.

Which of the above statement/statements are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

2.Consider the following statements related to Emergency Credit Line Guarantee Scheme 

1.The banks have recently sanctioned more than ₹1 lakh-crore loans under the ₹3-lakh crore                           Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector reeling under COVID-19-            induced economic slowdown.

2.The Scheme is the most significant fiscal component of the ₹30-lakh crore ‘Aatmanirbhar Bharat                Abhiyan’ package announced by Finance Minister Nirmala Sitharaman last month.

3.The Scheme aims at mitigating the economic distress faced by MSMEs by providing them                            additional funding in the form of a fully guaranteed emergency credit line.

Which of the statements given above is/are correct?

A. 1 and 2 are correct

B. 1 and 3 are correct

C. 2 and 3 are correct

D. All of the above

3.Consider the following statements related to Operation Greens:

1.Union Minister for Food Processing announced the Extension of Operation Greens from TOP                     (Tomato-Onion-Potato) crops to all Perishable Fruits & Vegetables (TOP to Total).

2.It is for six months from the date of notification, i.e., 11/06/2020.

Which of the above statement/statements are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

4.With which two Maharatna Public Sector Undertaking’s the South Delhi Municipal Corporation (SDMC) has signed an MoU for setting up of a Waste to Energy Plant Okhla New Delhi?

A. Indian Oil Corporation Ltd. And NTPC Ltd.

B. Bharat Heavy Electricals Ltd. And Coal India Ltd.

C. GAIL (India) Ltd. And Indian Oil Corporation Ltd.

D. Steel Authority of India Ltd. And Oil and Natural Gas Corporation Ltd.

5.Who has launched the National Anti-Doping Agency’s first mobile app named as “NADA App”?

A. Rajnath Singh

B. Kiran Rijiju

C. Narendra Modi

D. Prakash Javadekar

6. As per the investigation conducted by the United States-based news agency Associated Press, which country has been running a number of in-human campaigns to slash the birth rates among the minority Muslim population called ‘Demographic Genocide’?

A. North Korea

B. Russia

C. China

D. Israel

7.Name the Indian umpire who has been inducted into International Cricket Council’s Elite Panel of Umpires?

A. Amish Saheba

B. Anil Chaudhary

C. Shavir Tarapore

D. Nitin Menon

8.Who has been conferred with the first Prof. P C Mahalanobis Award in Official Statistics for lifetime achievements?

A. Raghuram Rajan

B. Chakravarti Rangarajan

C. Amartya Sen

D. Arvind Subramaniam

9.Which state government has launched “Hamara Ghar-Hamara Vidyalaya” campaign to take care of academic regularity of the students during the Lockdown due to COVID-19 pandemic?

A. Uttar Pradesh

B. Maharashtra

C. Madhya Pradesh

D. Rajasthan

10.Which government launched the ‘Skill Connect Forum’ portal?

A. Government of Tamil Nadu

B. Government of Kerala

C. Government of Karnataka

D. Government of Maharashtra

ANSWERS:-

Answer: 1)A      

Explanation

Minister for Food Processing Industries Harsimrat Kaur Badal launched the PM Formalization of Micro Food Processing Enterprises (PM FME) scheme  as a part of “Atmanirbhar Bharat Abhiyan”. Union Minister said that the Scheme would generate total investment of Rs 35,000 crore and generate 9 lakh skilled and semi-skilled employment and benefit 8 lakh units through access to information, training, better exposure and formalization.

Objective of the scheme:

• The scheme has been launched by the government to provide support to the local unorganized food units in rural India.
• The scheme aims at providing employment as well as to benefit 8 lakh units across the country to increase the productivity in quantity as well as in quality.
• The scheme will work on the up-gradation of the existing micro food processing enterprises.

PM FME Scheme:

• The Ministry of Food Processing Units (MoFPI) has launched an All India centrally sponsored scheme that will be implemented over five years from FY21 to FY25 with a budget of Rs. 10,000 crore.
• The expenditure under the scheme will be shared in 60:40 percent ratio between state and central governments.
• It will 90:10 ratio with the Himalayan and the Northeastern States, 60:40 percent ratio with UTs with Legislatures, and 100% by the centre for other Union territories (UTs).

Scheme Financing:

It is a centrally sponsored scheme under which an outlay of Rs 10,000 crore will be made.

The outlay will be shared by the Central and State Governments in the following manner:

• In the ratio of 60:40 between the central and state governments;
• In the ratio of 90:10 between the North East and the Himalayan States;
• Union Territories with Legislature in the ratio of 60:40;
• In other Union Territories, 100% of the expenditure will be borne by the Central

Other aspects of the scheme:

• Under the scheme, units producing products other than ODOP products will also be supported.
• Along with the development of infrastructure for ODOP products, assistance will also be provided for branding and marketing.
• Under the scheme, ‘Waste to Wealth’ products, small forest products will be encouraged.
• Special attention will be focused on Aspirational Districts.

Answer: 2)B

Explanation

The banks have recently sanctioned more than ₹1 lakh-crore loans under the ₹3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector reeling under COVID-19-induced economic slowdown.

Emergency Credit Line Guarantee Scheme

• The Scheme is the most significant fiscal component of the ₹20-lakh crore ‘Aatmanirbhar Bharat Abhiyan’ package announced by Finance Minister Nirmala Sitharaman last month.
• The latest number on ECLGS, as released by the Finance Ministry, comprises all the 12 public sector banks (PSBs), 20 private sector banks and eight NBFCs.Under the Scheme, 100% guarantee coverage to be provided by National Credit Guarantee Trustee Company Limited (NCGTC) for additional funding of up to Rs. 3 lakh crores to eligible MSMEs and interested MUDRA borrowers.
• The credit will be provided in the form of a Guaranteed Emergency Credit Line (GECL) facility.
• The Scheme would be applicable to all loans sanctioned under GECL Facility during the period from the date of announcement of the Scheme to 31.10.2020.

Aims and objectives

• The Scheme aims at mitigating the economic distress faced by MSMEs by providing them additional funding in the form of a fully guaranteed emergency credit line.
• The main objective is to provide an incentive to Member Lending Institutions (MLIs), i.e., Banks, Financial Institutions (FIs) and NBFCs to increase access to and enable the availability of additional funding facility to MSME borrowers.
• It aims to provide a 100 per cent guarantee for any losses suffered by them due to non-repayment of the GECL funding by borrowers.

Salient features

• The entire funding provided under GECL shall be provided with a 100% credit guarantee by NCGTC to MLIs under ECLGS.

Loan tenor

• The tenor of the loan under Scheme shall be four years with a moratorium period of one year on the principal amount.
• NCGTC shall charge no Guarantee Fee from the Member Lending Institutions (MLIs) under the Scheme.
• Interest rates under the Scheme shall be capped at 9.25% for banks and FIs, and 14% for NBFCs.

Answer: 3)C      

Explanation

Recently Union Minister for Food Processing announced the Extension of Operation Greens from TOP (Tomato-Onion-Potato) crops to all Perishable Fruits & Vegetables (TOP to Total). The objective of the intervention is to protect the growers of fruits and vegetables from making distress sale due to lockdown and reduce the post-harvest losses.

Eligible Crops

• Fruits- Mango, Banana, Guava, Kiwi, Lichi, Papaya, Citrus, Pineapple, Pomegranate, Jackfruit; Vegetables: – French beans, Bitter Gourd, Brinjal, Capsicum, Carrot, Cauliflower, Chillies (Green), Okra, Onion, Potato and Tomato.
• Any other fruit/vegetable can be added in future based on the recommendation by the Ministry of Agriculture or State Government.

Duration of Scheme:

• It is for six months from the date of notification, i.e., 11/06/2020.

Eligible entities

• Food Processors, FPO/FPC, Co-operative Societies, Individual farmers, Licensed Commission Agent, Exporters, State Marketing/Co-operative Federation, Retailers etc. engaged in processing/ marketing of fruits and vegetables.

Pattern of Assistance

• Ministry will provide subsidy @ 50 % of the cost of the following two components, subject to the cost norms.
• Transportation of eligible crops from surplus production cluster to consumption centre; and/or
• The hiring of appropriate storage facilities for eligible crops (for a maximum period of 3 months).

Answer: 4)A

Explanation

A Memorandum of Understanding (MoU) was signed between National Thermal Power Corporation (NTPC) Limited, Indian Oil and South Delhi Municipal Corporation (SDMC) at West to Energy plant at Okhla, Delhi.

Under the MoU, Indian Oil, NTPC and SDMC will come together to develop a demonstration waste for the power plant at Okhla landfill site with the use of gasification technology.

About the Waste to Energy Plant

• Gasification Technology will be used in the Waste to Energy Plant that will have the capacity to process 17500 tons of RDF-Refuse Derived Fuel per annum.
• From combustible components of Municipal Waste, RDF is produced. Through Gasification Technology, this RDF will be used for the production of Syngas.
• Syngas will be further used to generate electricity by using it in reciprocating engines or turbines.

Objectives for setting up a plant:

• Under the Waste to Energy plant project, the plant will be able to process 50 tonnes of Refused Dervid Fuel (RDF) per day, which will be separated from the Municipal Solid Waste for the production of Sine Gas.
• This Syn Gas will be used to generate approximately 1MW of electricity.

Answer: 5)B

Explanation

Sports Minister Kiren Rijiju  unveiled National Anti-Doping Agency’s first mobile app to provide information about prohibited substances and their inadvertent use, calling the initiative an important step towards dope-free sports.The NADA app is expected to act as a one-stop guide for all anti-doping and medication related information. It also offers comprehensive information on commonly-prescribed medicines. Athletes can also use this mobile application in the Registered Testing Pool (RTP) to update their whereabouts, know about decisions from the disciplinary and appeal panels and for Dope Control Officers to record their availability for testing.

Answer: 6)C

Explanation

An investigation conducted by the United States-based news agency Associated Press (AP) has found that the Chinese Government has been running a number of in-human campaigns to slash the birth rates among the minority Muslim population in its country. Experts have labeled this Campaign of China as ‘Demographic Genocide’. Among the Muslim minorities in China, most belong to Uyghurs ethnic groups.

Answer: 7)D

Explanation

Indian umpire Nitin Menon has been included into International Cricket Council’s Elite Umpires Panel for 2020-21. He succeeded England’s umpire Nigel Llong.

He is the youngest umpire to join the elite panel. Earlier, Nitin Menon was a part of Emirates ICC International Panel of Umpires. He has officiated 3 Tests, 24 One Day Internationals and 16 T20 Internationals. He is the 3rd Indian to be inducted at this panel after Srinivas Venkatraghavan and Sundaram Ravi.

Answer: 8)A

Explanation

Former Reserve Bank of India governor, Chakravarthi Rangarajan has been conferred with the first Prof. P C Mahalanobis Award in Official Statistics for lifetime achievements. He received the Lifetime Achievement Award for his contribution in providing solutions in the issues related to the estimation of national income.

The award has been instituted by the Ministry of Statistics and Programme Implementation (MoSPI) from 2020, and will henceforth be awarded annually for the outstanding and meritorious contribution of an individual for the development and promotion of official statistics.

Ministry of Statistics and Programme Implementation (MoSPI): Rao Inderjit Singh.

Chairman of the National Statistical Commission (NSC): Bimal Kumar Roy.

Director of Indian Statistical Institute: Sanghamitra Bandyopadhyay.

Answer: 9) B

Explanation

Madhya Pradesh has launched ‘Hamara Ghar-Hamara Vidyalaya’ (My Home-My school) campaign. It will help in maintaining regularities among students amid the ongoing COVID-19 lockdown. Under this, children will be taught at home in a school-like environment. The state is going to resume classes from July 6 in which students will experience school environment at home. Reading, performing yoga, writing and listening to stories will be part of the daily routine.

Answer: 10)C

Explanation

Karnataka government has unveiled “Skill Connect Forum” portal. It will connect job seekers with employers on a common platform. It will also provide information on available jobs to the job seekers bridging the gap between job seekers and the employers. Registration will be done by uploading qualification, skill sets and other details by an individual. Companies or employer also must register themselves to hire the employees

CM of Karnataka: B.S. Yediyurappa