Current Affairs Quiz Today – 30th Jan 2021

ANS: (B) 2 only

Explanation

Future Investment Initiative Forum

• The FIIF was announced in September 2017 by the Public Investment Fund, Saudi Arabia’s main sovereign wealth fund, in the context of the Saudi Vision 2030 Economic and Social Reform Programme. Hence, statement 2 is not correct.
• The Future Investment Initiative (FII) is widely described as “Davos in the desert”. Hence, statement 1 is correct.
  • It is Saudi Arabia’s flagship investment conference.
• The informal name derives from the World Economic Forum’s annual meeting that is held in Davos, Switzerland, where world leaders discuss agendas for pressing international issues.

ANS: (A) 1 Only

Explanation

• Covid-19 Performance Index was compiled by the Sydney-based Lowy Institute, an Australian think tank, which sought to measure the response of countries to the Pandemic. Hence, statement 1 is not correct.
• It assessed 98 countries.
  • China was not included in the study because all of its testing rates are not publicly available.
• India has been ranked 86^th in the Index.
• Top Countries: New Zealand topped the rankings closely followed by Vietnam, Taiwan, Thailand and Cyprus. Hence, statement 2 is correct.
• Bottom Countries: Brazil stood at the bottom of the index. The USA was the fifth-worst performing country, it stood at 94 out of 98 countries.

ANS: (C) Both 1 and 2

Explanation

• Recently, the Supreme Court (SC) appointed a conservationist as Member of a Technical Committee constituted in the October 2020 case to hear complaints by landowners against sealing of their buildings infringing the Nilgiri Elephant Corridor in Tamil Nadu by the state authorities.
• The Nilgiri Elephant Corridor is situated in the ecologically fragile Sigur plateau, which connects the Western and the Eastern Ghats and sustains elephant populations and their genetic diversity. Hence, statement 1 is correct.
• Nilgiri Biosphere Reserve is located in the Western Ghats and encompasses parts of Tamil Nadu, Kerala and Karnataka.
• Many of the major tributaries of the river Cauvery like the Bhavani, Moyar, Kabini and other rivers like Chaliyar, Punampuzha, etc., have their source and catchment areas within the Nilgiri biosphere reserve. Hence, statement 2 is correct.

ANS: (C) 1 and 2 only

• The Department of Economic Affairs, Ministry of Finance presents the Economic Survey of India in Parliament every year, just before the Union Budget.
• This document is submitted to both houses of Parliament during the Budget Session.
• The first Economic Survey of India was presented in 1950-51 as part of the Union Budget. After 1964 it was separated from the Budget and presented each year during the Budget Session before the presentation of the budget.

ANS: (C) Changpa Tribe