Current Affairs Quiz Today – 25th Jan 2021

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.

ANS: (A) Desert Knight

Explanation:

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.

ANS: (C) Electronic form for incorporation of companies

Explanation:

ANS: (C) Both 1 and 2

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.