EDEN IAS

Daily MCQ UPSC Current Affairs

Daily MCQs for UPSC Current Affairs | 22ND NOVEMBER 2022

Question 11: Consider the following statements:

  1. The Science Based Targets initiative (SBTi) drives ambitious climate action in the private sector by enabling organizations to set science-based emissions reduction targets.
  2. The SBTi is a partnership between the United Nations Global Compact, World Resources Institute (WRI) and the World-Wide Fund for Nature (WWF).
  3. The SBTi is has also launched the world’s first Corporate Net-Zero Standard.

Which of the following statements is/are true?

  1. 1 and 2
  2. 2 and 3
  3. 1 and 3
  4. 1, 2 and 3

Correct Answer: D

Explanation

  • The Science Based Targets initiative (SBTi) drives ambitious climate action in the private sector by enabling organizations to set science-based emissions reduction targets.
  • The SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World-Wide Fund for Nature (WWF).
  • The SBTi is has also launched the world’s first Corporate Net-Zero Standard, to ensure that companies’ net-zero targets translate into action that is consistent with achieving a net-zero world by no later than 2050.

Question 12: Consider the following statements:

  1. Andhra Pradesh has highest share in area under natural farming in India.
  2. No tillage and no fertilizer are the principles of natural farming.

Which of the following statements is/are true?

  1. 1 only
  2. 2 only
  3. 1 and 2 only
  4. Neither 1 nor 2

Correct Answer: B

Explanation

Question 13: Consider the following statements:

  1. Monetary policy committee is constituted by Central Government under RBI Act 1934.
  2. MPC is required to meet at least Six times in a year.
  3. Currently, the inflation target has been set at 4% for the 5-year period 2021 to 2026.
  4. The RBI Act, 1934 requires that the central government in consultation with RBI, determine inflation target in terms of Consumer Price Index (CPI), once in every five years.

Which of the following statements is/are true?

  1. 1,2 and 3
  2. 2,3 and 4
  3. 1,3 and 4
  4. 1,2,3 and 4

Correct Answer: C

Explanation

  • Section 45-ZA of the RBI Act, 1934 requires that the central government in consultation with RBI, determine inflation target in terms of Consumer Price Index (CPI), once in every five years.
  • Currently, the inflation target has been set at 4% (with the upper tolerance level of 6% and the lower tolerance level of 2%) for the 5-year period 2021 to 2026.
  • MPC, constituted by Central Government under RBI Act 1934, determines the policy repo rate required to achieve the inflation target. MPC is required to meet at least four times in a year.

Question 14: Consider the following statements:

  1. Lambadi is an ancient folk dance of  Telangana.
  2. Wangala Festival also known as a 100 drums festival is a most popular festival among Garos of  Meghalaya.

Which of the following statements is/are true?

  1. 1 only
  2. 2 only
  3. 1 and 2 only
  4. Neither 1 nor 2

Correct Answer: C

Explanation

  • Lambadi is an ancient folk dance of Telangana (and Andhra Pradesh), which is performed by the semi-nomadic tribes called ‘Lambadis’ or ‘Banjaras’ or ‘Sengalis’.
  • Wangala Festival also known as a 100 drums festival is a most popular festival among Garos of Meghalaya. It is a harvest festival held in honor of Saljong, the Sun-God of fertility.

Question 15: Consider the following statements Foreign Contribution Regulation Act:

  1. The FCRA requires every person or NGO wishing to receive foreign donations to be registered under the Act, to open a bank account for the receipt of the foreign funds in State Bank of India, Delhi.
  2. NGOs must not transfer the funds to another NGO.
  3. The Act prohibits receipt of foreign funds by journalists and media broadcast companies.
  4. Once granted, FCRA registration is valid for five years.
  5. NGOs are expected to apply for renewal within six months of the date of expiry of registration.

Which of the following statements is/are true?

  1. 1,2 and 4
  2. 3,4 and 5
  3. 1,3 and 4
  4. 1,2,3,4 and 5

Correct Answer: D

Explanation

  • The law was enacted during the Emergency in 1976 amid apprehension that foreign powers were interfering in India’s affairs by pumping in funds through independent These concerns had been expressed in Parliament as early as in 1969.
  • the FCRA requires every person or NGO wishing to receive foreign donations to be registered under the Act, to open a bank account for the receipt of the foreign funds in State Bank of India, Delhi, and to utilize those funds only for the purpose for which they have been received, and as stipulated in the Act.
  • They are also required to file annual returns, and they must not transfer the funds to another NGO.
  • The Act prohibits receipt of foreign funds by candidates for elections, journalists or newspaper and media broadcast companies, judges and government servants, members of legislature and political parties or their office-bearers, and organizations of a political nature.
  • FCRA registrations are granted to individuals or associations that have definite cultural, economic, educational, religious, and social programs.
  • The MHA is required to approve or reject the application within 90 days — failing which it is expected to inform the NGO of the reasons for the same.
  • Once granted, FCRA registration is valid for five years. NGOs are expected to apply for renewal within six months of the date of expiry of registration. In case of failure to apply for renewal, the registration is deemed to have expired.
  • The government reserves the right to cancel the FCRA registration of any NGO if it finds it to be in violation of the Act.
  • Once the registration of an NGO is cancelled, it is not eligible for re-registration for three years.
  • All orders of the government can be challenged in the High Court.

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