Which of the following statements correctly describes the term ‘Project Half-Earth’, often seen in the news?

Correct! Wrong!

To protect life on earth, the famous American biologist E.O. Wilson has described an ambitious project he calls “Half-Earth”. He calls for formally protecting 50% of the earth’s land surface in order to conserve our rapidly disappearing natural heritage. The mass extinction of the natural world ranks with pandemics and world war as among the deadliest threats that humanity has imposed on itself. The Half Earth Project offers a solution commensurate with the magnitude of the problem. As this century’s most eminent biologist E.O. Wilson advocates in his book, Half-Earth, if we conserve half the land and sea, the bulk of biodiversity will be protected from extinction.

Consider the following statements about Asian Infrastructure Investment Bank (AIIB):
1) AIIB was proposed at an APEC summit in Bali in 2015.
2) It is headquartered in Beijing.
3) China, India, Russia and Germany are the four largest shareholders of the Bank.
Which of the above statement is/ are correct?

Correct! Wrong!

AIIB is a multilateral development bank with 84 countries as members.It is headquartered in Beijing.AIIB was proposed at an APEC summit in Bali in 2013 and started its operation in January, 2016.China, India, Russia and Germany are the four largest shareholders of the Bank with 26.06%, 7.5%, 5.93% and 4.5% respectively.

Which country hosted the 18th edition of Shanghai Cooperation Organization (SCO) summit 2018?

Correct! Wrong!

The 18th edition of Shanghai Cooperation Organization (SCO) summit was held in Qingdao, China on June 9-10, 2018. The summit concluded with the adoption of the Qingdao declaration. The declaration calls for implementing the three-year plan to combat terrorism, separatism and extremism.

Consider the following statements about Reserve Bank Of India (RBI):
1) The RBI introduced the PCA framework in 2017.
2) PCA is invoked when all the trigger points, - capital to risk weighted assets ratio (CRAR), net NPA, Return on Assets (RoA) and Tier 1 Leverage ratio, are breached.
Which of the above statement is /are correct?

Correct! Wrong!

Prompt Corrective Action (PCA)PCA is a framework under which banks with weak financial metrics are put under watch by the RBI.
The RBI introduced the PCA framework in 2002 as a structured early-intervention mechanism for banks that become undercapitalised due to poor asset quality, or vulnerable due to loss of profitability.
It aims to check the problem of Non-Performing Assets (NPAs) in the Indian banking sector.
The framework was reviewed in 2017 based on the recommendations of the working group of the Financial Stability and Development Council on Resolution Regimes for Financial Institutions in India and the Financial Sector Legislative Reforms Commission.
PCA is intended to help alert the regulator as well as investors and depositors if a bank is heading for trouble. The idea is to head off problems before they attain crisis proportions.
Essentially PCA helps RBI monitor key performance indicators of banks, and taking corrective measures, to restore the financial health of a bank.
The PCA framework deems banks as risky if they slip some trigger points - capital to risk weighted assets ratio (CRAR), net NPA, Return on Assets (RoA) and Tier 1 Leverage ratio.
It can be invoked when any of the indicators is breached.
Certain structured and discretionary actions are initiated in respect of banks hitting such trigger points.
The PCA framework is applicable only to commercial banks and not to co-operative banks and non-banking financial companies (NBFCs).
It may be noted that of the 21 state-run banks, 11 are under the PCA framework.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. Banks are required to classify NPAs further into Substandard, Doubtful and Loss assets.
Capital Adequacy Ratio (CAR) - The CAR is a measure of a bank's available capital expressed as a percentage of a bank's risk-weighted credit exposures. The Capital Adequacy Ratio, also known as capital-to-risk weighted assets ratio (CRAR), is used to protect depositors and promote the stability and efficiency of financial systems around the world.
PCA Measures
RBI can place restrictions on dividend distribution, branch expansion, and management compensation.Only in an extreme situation, would a bank be a likely candidate for resolution through amalgamation, reconstruction or winding up.RBI may place restrictions on credit by PCA banks to unrated borrowers or those with high risks, but it doesn’t invoke a complete ban on their lending.RBI may also impose restrictions on the bank on borrowings from interbank market.Banks may also not be allowed to enter into new lines of business.
Challenges and Issues
PCA is an exceptional action and impacts the rating of the bank as well as consumer confidence. This is detrimental in the long run as it impacts the credit history of the bank and raises questions about its management.PCA can accelerate the loss of market share and cause further decline of the position of the public sector banks in the financial system in favor of private banks and foreign banks.PCA is seen by government as hindering economic growth therefore is arguing for easier lending policies by relaxing the PCA norms and aligning them to global norms.

Consider the following statements about ‘Dhole’:
1) High populations of Dholes are found in the Northeastern India.
2) They are listed as ‘Endangered’ under the IUCN Red List.
Which of the above statement is/ are correct?

Correct! Wrong!

Dholes occur in several regions of India, and India undoubtedly contains the largest numbers of Dholes. Dholes have disappeared from 60% of their historic range in India during the past 100 years. Relatively high populations of Dholes are still found in the Western Ghats and central Indian forests, due to high prey numbers and extent of protected forests, whereas lower numbers of Dholes are found in the Eastern Ghats. Dholes are also found in the north-eastern states,although numbers are low and decreasing in this region due to a decreasing prey base and retaliatory killings from livestock predation. Dholes are found in some areas of Terai region in northern India, although their exact distribution there is unknown. In the Himalayan region, Dholes were recently reported from Sikkim, and in 2008 near TsoKar in Ladakh, thus they may occur in other areas of Ladakh as well. IUCN Status of Dhole is Endangered.

Consider the following animals:
1) Seahorse
2) Sea cow
3) Sea lion
4) Dolphin
5) Sea otter
Which of the following is/ are living mammals?

Correct! Wrong!

There are five groups of marine mammals: pinnipeds (seals, sea lions, fur seals, and walruses), cetaceans(whales, dolphins, and porpoises), sea otters, sirenians (dugongs and manatees), and polar bears.Steller’s sea cow (Hydrodamalisgigas) is an extinct sirenian discovered by Europeans in 1741. At that time, it was found only around the Commander Islands in the Bering Sea between Alaska and Russia; its range was more extensive during the Pleistocene epoch, and it is possible that the animal and humans previously interacted.As question asks only “living mammals’ – sea cow is wrong as it’s extinct.

Consider the following statements about Lymphatic Filariasis (LF):
1) It is commonly known as Elephantiasis.
2) It is caused mainly by Wuchereria Bancrofti and spread by Culex mosquito.
3) It can cause death.
Which of the above statement is /are correct?

Correct! Wrong!

LF is commonly known as Elephantiasis. It is one of oldest and most debilitating neglected trophical disease, which is currently endemic in 73 countries of the world, including India. LF disease is caused mainly by WuchereriaBancrofti and spread by Culex mosquito. This mosquito grows in dirty accumulated water. The disease affects the poorest population in society, particularly those living in areas with poor sanitation, water and hygiene. LF does not kill affected people, but may cause permanent disfigurement, reduced productivity and social stigma.
Global Alliance to Eliminate Lymphatic Filariasis (GAELF) GAELF is alliance of partners from 72 LF endemic national country programmes, NGOs, private sectors, academic and research institutes and international development agencies that assists WHO’s Global Programme to Eliminate Lymphatic Filariasis. It was formed in 2001, since then it is being held biennially.

To detect Zika virus CobasZika test is used. Which organelle is tested by CobasZike to detect presence of Zikavirus.

Correct! Wrong!

CobasZika test is qualitative nucleic acid test for detection of Zika virus RNA in individual plasma specimens obtained from volunteer donors of whole blood and blood components and from living organ donors. It has shown more than 99% clinical specificity, in earlier evaluation for testing individual samples from blood donations at five external laboratories

West Nile Virus can spread through:
1) Blood transfusion.
2) From an infected mother to her child.
3) Exposure to the virus in laboratories.
4) Contact with infected humans or animals
Select the correct answer using codes given below:

Correct! Wrong!

The bite of an infected mosquito is the commonest mode of human infection. WNV can also spread through blood transfusion, from an infected mother to her child, or through exposure to the virus in laboratories. It is not known to spread by contact with infected humans or animals, or even when the infected animal is ingested, provided it has been adequately cooked.
Unlike other mosquito-borne diseases, WNV does not cause symptoms in everybody that contracts the virus. One in five people develops symptoms and requires medication. One in 150 people may go on to develop serious illness, or even die. However, WNV is dreaded because of the effects, often irreversible, that it has on the brain.
WNV is the leading cause of mosquito-borne diseases in the continental United States. It has so far been detected in almost all kinds of mosquitoes, not just the common three — Anopheles, Culex and Aedes — but also in lesser-known types such as Culiseta, Mansonia and Psorophora.
It occurs during the summer months in the US, unlike other mosquito-borne diseases such as dengue, malaria and chikungunya, which occur all year round in India.
The virus is commonly found in Africa, Europe, the Middle East, North America and West Asia. The World Health Organization (WHO) documents that it was first isolated in a woman in the West Nile district of Uganda in 1937.

Which committee was constituted to examine setting up of ARC for faster resolution of stressed assets of Public Sector Banks (PSBs)?

Correct! Wrong!

The Union finance ministry constituted a committee to examine the possibility of setting up an Asset Reconstruction Company (ARC) or an Asset Management Company (AMC) to fast track resolution of stressed assets. Punjab National Bank’s non executive chairman Sunil Mehta will head the panel.

The Great Indian Bustard is a critically endangered species. Its population has been declining due to:
1) Habitat loss.
2) frequent poaching
3) Construction of windmills
Select the correct answer using the codes given below.

Correct! Wrong!

The GIBs have been vanishing over the years due to shrinking habitat. Thar Desert is the only landscape in the world that provides viable breeding population to GIBs. While changing lifestyle in the desert, and unregulated human activities have endangered the species, thousands of windmills around the park are posing a serious threat to the GIB which has been categorized as “critically endangered”.

The Intergovernmental Panel on Climate Change (IPCC) was established in 1988 by:

Correct! Wrong!

IPCC: The World Meteorological Organization and UNEP established the Intergovernmental Panel on Climate Change (IPCC) in 1988. UNEP is also one of several Implementing Agencies for the Global Environment Facility (GEF) and the Multilateral Fund for the Implementation of the Montreal Protocol, and it is also a member of the United Nations Development Group.

Which of the following Statement is/are incorrect?

Correct! Wrong!

Chandrayaan-2 includes soft-landing on Moon and moving a rover on its surface. It is an advanced version of the previous Chandrayaan-1 mission. It consists of an orbiter, lander and rover configuration.The Orbiter spacecraft when launched from Sriharikota will travel to the Moon and release the Lander, which will in turn deploy a tiny Rover to roam the lunar surface — all three sending data and pictures to Earth.It is planned to be launched as a composite stack into the earth parking orbit (EPO) of 170 X 18,500 km by GSLV-Mk II.

Consider the following statement about arrow 3 interceptor system:
1) It is intended to serve Israel’s highest altitude missile interception system.
2) It is jointly developed by US and Israel.
Which of the above statement is are correct?

Correct! Wrong!

The system is designed to shoot down missiles above the atmosphere. Arrow 3 may serve as an anti satellite weapon, which would make Israel one of the world’s few countries capable of shooting down satellites.

Consider the following statements about Gaganyaan:
1. The launch vehicle for Gaganyaan will be GSLV Mk-IV.
2. If successful, India will be the fifth country to send a manned mission into space.
3. The module of the spacecraft was manufactured by Bengaluru-based HAL (Hindustan Aeronautics Limited.
Which of the above statement is are correct?

Correct! Wrong!

Gaganyaan is slated to be launched on the GSLV Mk III launcher in 2022.If India’s Gaganyaan mission succeeds, it will be the fourth country in the world to launch a manned space mission after Russia, the US and China.

Consider the following statements about Autonomous District Councils in the Sixth Schedule areas:
1) The governor is empowered to organise and re-organise the autonomous districts.
2) The acts of Parliament or the state legislature do not apply to autonomous districts and autonomous regions.
Which of the above statement is/ are correct?

Correct! Wrong!

The governor is empowered to organise and re-organise the autonomous districts. Thus, he can increase or decrease their areas or change their names or define their boundaries and so on.If there are different tribes in an autonomous district, the governor can divide the district into several autonomous regions.The acts of Parliament or the state legislature do not apply to autonomous districts and autonomous regions or apply with specified modifications and exceptions.
Government has introduced Constitution (125th Amendment) Bill in RajyaSabha to increase the financial and executive powers of the 10 Autonomous Councils in the Sixth Schedule areas of the northeastern region. The amendment will impact one crore tribal people in Assam, Meghalaya, Tripura and Mizoram.

Consider the following pairs:
1) U.K. Sinha Committee: - suggest long-term solutions for the economic and financial sustainability of the MSME sector.
2) Umesh Sinha Committee:- review and suggest modifications and changes in the provisions of the Section 126 of RPA 1951.
3) UshaThorat Panel:- to examine issues related to offshore rupee markets
Which of the above pair(s) is /are correctly matched?

Correct! Wrong!

The Reserve Bank of India (RBI) on Wednesday set up an expert committee under former Sebi chairman U.K. Sinha to suggest long-term solutions for the economic and financial sustainability of the MSME sector.
The Committee constituted under the chairmanship of Sr. Deputy Election Commissioner Sh. UmeshSinha to review and suggest modifications and changes in the provisions of the Section 126 and other sections of the Representation of the People Act 1951, provisions of Model Code of Conduct and any other ECI instruction
The RBI Thursday announced a task force headed by its former deputy governor UshaThorat to examine issues related to offshore rupee markets and recommend policy measures to ensure stability of the external value of the domestic currency. The eight-member task force will assess the causes behind the development of the offshore rupee market and study the effects of the offshore markets on the rupee exchange rate and market liquidity in the domestic market.

Consider the following statement with reference to model code of conduct issued by Election Commission:
1) Processions by 2 opposing parties or candidates can be taken out on the same route at the same time.
2) The route of the procession should be decided beforehand and police should be informed about all details.
Which of the above statement is/are correct?

Correct! Wrong!

A party or candidate organising a procession shall decide before hand the time and place of the starting of the procession, the route to be followed and the time and place at which the procession will terminate. There shall ordinarily be no deviation from the programme. The organisers shall give advance intimation to the local police authorities of the programme so as to enable the latter to make necessary arrangements.
If two or more political parties or candidates propose to take processions over the same route or parts thereof at about the same time, the organisers shall establish contact well in advance and decide upon the measures to be taken to see that the processions do not clash or cause hindrance to traffic. The assistance of the local police shall be availed of for arriving at a satisfactory arrangement. For this purpose the parties shall contact the police at the earliest opportunity.

Consider the following statements with reference to Money Bill in a State Legislature:
1) A Money Bill can be introduced in either house of a state legislature.
2) When the money bill is reserved (by a governor) for consideration of the President, then the President cannot withhold her assent to the bill.
Which of the above statement is /are correct?

Correct! Wrong!

A Money Bill cannot be introduced in the legislative council. It can be introduced in the legislative assembly only and that too on the recommendation of the governor.
Every such bill is considered to be a government bill and can be introduced only by a minister.
When a money bill is reserved for the consideration of the President, the president may either give his assent to the bill or withhold his assent to the bill but cannot return the bill for reconsideration of the state legislature.

Consider the following statements:
1) Government of India passed a bill for 10% quota to economically weaker section (EWS) in the unreserved categories is based on the recommendations of Sinho Commission Report.
2) Madhya Pradesh is the first state of India that has implemented 10% quota for the economically weaker section of unreserved category.
Which of the above statement is/ are correct?

Correct! Wrong!

Government of India passed a bill for 10% quota to economically weaker section (EWS) in the unreserved categories is based on the recommendations of Sinho Commission Report. Retired major general S.R.Sinho panel was formed by the UPA government in 2010 and it had recommended such thing.Gujarat is the first state of India that has implemented 10% quota for the economically weaker section of unreserved category.

Consider the following statements about the Basel Action Network:
1. It is a UN body established by the Basel Convention.
2. It issues regulations pertaining to vehicular pollution and emissions standards for vehicles.
Which of the above statement is are correct?

Correct! Wrong!

Basel Action Network is named after the 1989 Basel Convention of the United Nations but is a Non-Government Organisation. BAN currently tackles two toxic waste streams covered by the Basel Convention: Electronic waste (e-waste), the fastest growing waste stream globally and end-of-life ships, like the cargo ships that carry our goods.

Consider the following statements about Bomb Cyclone:
1) It is a low-latitude cyclone that intensifies rapidly.
2) It is a combination of rapidly declining pressure and extreme cold.
3) This particular storm is the most explosive ever, observed on the west coast.
Which of the above Statement is /are correct?

Correct! Wrong!

Bomb cyclone is actually used by meteorologists to indicate a mid-latitude cyclone that intensifies rapidly.
It is a massive winter storm hammering the coast, bringing strong winds, flooding, ice and snow.
It is a combination of rapidly declining pressure and extreme cold. This particular storm is the most explosive ever, observed on the east coast.
It is called bomb cyclone, a dramatic name for what happens when the storm explosively strengthens while the pressure plummets.
Bombing out, “bombogenesis” or “explosive cyclogenesis” is a phenomenon when a cyclone’s central pressure drops 24 millibars or more in 24 hours time.
Cold arctic air colliding with warm ocean water is a common source of this collision. Thus, it is a midlatitude cyclone which gains strength from an extreme drop in atmospheric pressure. This brings out furious winds that can quickly create blizzard conditions and coastal flooding. The lower the pressure is, the stronger the storm. They are also popularly called by other names, such as the Nor’easter cyclone and the mid-latitude cyclone.

RESIDEX has been seen in the news lately. To which field does it relate?

Correct! Wrong!

NHB Residex from the National Housing Bank, designed by a technical advisory committee comprising Government representatives, lenders and property market players, is a set of benchmarks that aims to track housing price indicators across Indian cities.
The NHB Residex currently offers two sets of quarterly Housing Price Indices (HPIs) across the cities it tracks. List prices of under-construction property, collated through a survey of developers, are captured in the‘Market HPI’. Data reported by banks and finance companies that extend home loans, is collated into the‘Assessment HPI’. While these two datasets have been released for 50 cities from 2013 to 2017, indices on resale homes, rental values, land prices and building materials are awaited.

Consider the following statement about India is in talks with United States to procure NASAMS-II:
1) It is a surface to air missile system.
2) It is part of the air defence network guarding US capital city Washington DC.
Select the correct answer using codes given below:

Correct! Wrong!

India is in talks with United States to procure National Advanced Surface-to-Air Missile System-II (NASAMS-II). About NASANS-II:
It is an advanced air defence system.
It is highly adaptable mid-range solution for any operational air defence requirement.
It provides tailorable, state-of-the-art defence system that can maximise the ability to quickly identify, engage and destroy current and evolving enemy aircraft, UAV or emerging cruise missile threats.
It is part of the air defence network guarding US capital city Washington DC. It is also deployed in several NATO countries.

SWAS, SAFAL, STAR are names in news recently are related to:

Correct! Wrong!

CSIR developed less polluting fire crackers because they do not contain harmful chemicals that would cause air pollution.