Home Current AffairsDaily current affairs quiz Current Affairs Quiz Today – 25th Jan 2021

Current Affairs Quiz Today – 25th Jan 2021

by admin
current affairs quiz today
Current affairs quiz today – 25th Jan. 2021.
We recommend that you read the current affairs of 25th Jan. 2021 before taking today’s current affairs quiz. Click here to access it.

Results

#1. Consider the following statements with respect to Bal Kalyan Puraskar:

1. This award was instituted in 1979 as “National Child Welfare Awards”.

2. This is given to individuals only.

3. The scheme is under the Ministry of Education.

Which of the given statement/s is/are correct?

ANS: (a) 1 only

Explanation:

  • Bal Kalyan Puraskar was instituted in 1979 as “National Child Welfare Awards”.
  • It was renamed in 2018 to “Bal Kalyan Puraskar”.
  • This is given to individuals and/or organisations working in the field of child development, child protection and child welfare.
  • This award is given in two categories – Individual and Institution. Three awards are given in each of these two categories along with cash prizes.
  • The scheme is under the Ministry of Women and Child Development.

#2. Which of the following is the name of the recently concluded India-France air exercise?

ANS: (A) Desert Knight

Advertisements
Projectvala assignment service updated

Explanation:

  • The India-France air exercise Desert Knight 2021 concluded recently.
  • A first-of-its-kind bilateral exercise, Rafale aircraft from both sides along with Su-30 MKI and Mirage 2000 aircraft of the IAF undertook joint missions.

#3. Consider the following statements:

1. ShramShakti portal aims to collect data related to tribal migrant workers and link them with the existing welfare schemes.

2. Pradhan Manti Van Dhan Yojana aims to strengthen the Self help groups into Tribal Producer Companies.

Which of the statements given above is/are correct?

ANS: (C) Both 1 and 2

Explanation
  • Recently, the Ministry of Tribal Affairs has launched “ShramShakti”- a National Migration Support Portal, to smooth the formulation of state and national level programs for migrant workers.
  • ShramShakti portal has been launched to collect data related to tribal migrant workers and link them with the existing welfare schemes. Hence, statement 1 is correct.
  • Pradhan Manti Van Dhan Yojana (PMVDY) is a market-linked tribal entrepreneurship development program for forming clusters of tribal SHGs and strengthening them into Tribal Producer Companies. Hence, statement 2 is correct.

#4. Which of the following is the correct explanation of ‘SPICe+’?

ANS: (C) Electronic form for incorporation of companies

Explanation:

  • SPICe stands for Simplified Proforma for Incorporating Company electronically Plus.
  • SPICe aims to offers 11 services by three Central Government Ministries and Departments (Ministry of Corporate Affairs, Ministry of Labour and the Department of Revenue in the Ministry of Finance) and two State Governments (Maharashtra and Karnataka). The form is an integrated web form with a single-window for multiple services.

#5. With reference to the Green Bonds, consider the following statements:

1. It is a debt instrument with which capital is being raised to fund green projects.

2. The green bonds have been crucial in increasing financing to sunrise sectors.

Which of the statements given above is/are correct?

ANS: (C) Both 1 and 2

Advertisements
Explanation
  • A green bond is a debt instrument with which capital is being raised to fund ‘green’ projects, which typically include those relating to renewable energy, clean transportation, sustainable water management etc. Hence, statement 1 is correct.
    • A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental).
    • Bonds traditionally paid a fixed interest rate (coupon) to investors.
  • The Securities and Exchange Board of India (SEBI) has put in place disclosure norms for issuance and listing of green bonds.
  • Green bonds typically carry a lower interest rate than the loans offered by the commercial banks. With an increasing focus of foreign investors towards green investments, it could help in reducing the cost of raising capital.
  • These green bonds have been crucial in increasing financing to sunrise sectors like renewable energy, thus contributing to India’s sustainable growth. Hence, statement 2 is correct.
    • Sunrise industry is a term used for a sector that is just in its infancy but shows promise of a rapid boom.
    • The industry is typically characterized by high growth rates, high degree of innovation and generally has plenty of public awareness about the sector and investors get attracted to its long-term growth prospects.
finish

Click here to access quizzes from previous days.

Related Articles

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

× Chat with us on WhatsApp