Current Affairs Quiz 19 July 2023
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Current Affairs Quiz 19 July 2023 for UPSC Prelims
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- Question 1 of 5
1. Question
With reference to Export Preparedness Index (EPI), which of the following statements is/are correct?
1. EPI is a comprehensive tool that measures the export preparedness of the States and Union Territories (UTs) in India.
2. Tamil Nadu secured the top position in EPI 2022.
Select the correct answer using the code given below.CorrectAns: C
Export Preparedness Index (EPI)
• EPI is a comprehensive tool that measures the export preparedness of the States and Union Territories (UTs) in India.
• It aims to understand the factors influencing export performance and identify strengths and weaknesses.Features:
• Data-driven approach to identify core areas crucial for export promotion at the sub-national level.
• Highlights India’s export potential by examining contributions from each state and union territory.Pillars:
• Policy: Evaluates the effectiveness of trade policies in providing strategic direction for exports and imports.
• Business Ecosystem: Assesses the efficiency of the business ecosystem in attracting investments and creating enabling infrastructure for startups.
• Export Ecosystem: Examines the business environment specific to exports.
• Export Performance: Measures the reach of export footprints of States and UTs.IncorrectAns: C
Export Preparedness Index (EPI)
• EPI is a comprehensive tool that measures the export preparedness of the States and Union Territories (UTs) in India.
• It aims to understand the factors influencing export performance and identify strengths and weaknesses.Features:
• Data-driven approach to identify core areas crucial for export promotion at the sub-national level.
• Highlights India’s export potential by examining contributions from each state and union territory.Pillars:
• Policy: Evaluates the effectiveness of trade policies in providing strategic direction for exports and imports.
• Business Ecosystem: Assesses the efficiency of the business ecosystem in attracting investments and creating enabling infrastructure for startups.
• Export Ecosystem: Examines the business environment specific to exports.
• Export Performance: Measures the reach of export footprints of States and UTs. - Question 2 of 5
2. Question
In the context of role of Tropical easterly jet stream on Indian Monsoons, consider the following statements:
1. These streams play an important role in the reversal of upper air circulation patterns.
2. The streams steer the tropical depressions into India.
3. The tracks of these streams in India are the areas of highest rainfall in India.
Which of the statements given above is/are correct?CorrectAnswer: D
All the statements are correctIncorrectAnswer: D
All the statements are correct - Question 3 of 5
3. Question
Which among the following countries are members of North Atlantic Treaty Organization (NATO)?
1) Bulgaria
2) Poland
3) United States
4) Canada
Select the code from the following options:CorrectThe North Atlantic Treaty Organization (NATO) is an intergovernmental military alliance based on the North Atlantic Treaty which was signed in 1949.
Its members:
Albania, Belgium, Bulgaria, Canada, Croatia, Czech Republic, Denmark, Estonia, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Turkey, United Kingdom, United States.IncorrectThe North Atlantic Treaty Organization (NATO) is an intergovernmental military alliance based on the North Atlantic Treaty which was signed in 1949.
Its members:
Albania, Belgium, Bulgaria, Canada, Croatia, Czech Republic, Denmark, Estonia, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Turkey, United Kingdom, United States. - Question 4 of 5
4. Question
With reference to Digital Time Vouchers, which of the following statements is/are correct?
1. Each party will receive time vouchers of different denominations, such as 5 minutes and 10 minutes, equivalent to the total allotted time for telecasts on Doordarshan and broadcasts on AIR.
2. Parties can choose representatives to utilize the time vouchers, but no individual representative can use more than 20 minutes of the total allotted time on Doordarshan or AIR.
Select the correct answer using the code given below.CorrectAns: C
About Digital Time Vouchers:
• The Election Commission of India has made amendments to the existing scheme for the use of Government-owned electronic media by political parties.
• A provision for issuing digital time vouchers through an Information Technology (IT) platform has been introduced.
• Each party will receive time vouchers of different denominations, such as 5 minutes and 10 minutes, equivalent to the total allotted time for telecasts on Doordarshan and broadcasts on AIR.
• Parties can choose representatives to utilize the time vouchers, but no individual representative can use more than 20 minutes of the total allotted time on Doordarshan or AIR.Background:
• The scheme was initially notified on January 16, 1998, and holds a statutory basis under Section 39A of the Representation of People Act, 1951.
• It aims to ensure fair access to government-owned electronic media for election campaigning.
• Each National Party and Recognized State Party is allocated equitable base time on DD & AIR.
• Additional time is allotted based on the party’s performance in the last assembly elections or general elections to Lok Sabha.
• The specific date and time for telecasts/broadcasts are determined through a lottery process conducted by the Prasar Bharati Corporation in consultation with the Election Commission and political party representatives.IncorrectAns: C
About Digital Time Vouchers:
• The Election Commission of India has made amendments to the existing scheme for the use of Government-owned electronic media by political parties.
• A provision for issuing digital time vouchers through an Information Technology (IT) platform has been introduced.
• Each party will receive time vouchers of different denominations, such as 5 minutes and 10 minutes, equivalent to the total allotted time for telecasts on Doordarshan and broadcasts on AIR.
• Parties can choose representatives to utilize the time vouchers, but no individual representative can use more than 20 minutes of the total allotted time on Doordarshan or AIR.Background:
• The scheme was initially notified on January 16, 1998, and holds a statutory basis under Section 39A of the Representation of People Act, 1951.
• It aims to ensure fair access to government-owned electronic media for election campaigning.
• Each National Party and Recognized State Party is allocated equitable base time on DD & AIR.
• Additional time is allotted based on the party’s performance in the last assembly elections or general elections to Lok Sabha.
• The specific date and time for telecasts/broadcasts are determined through a lottery process conducted by the Prasar Bharati Corporation in consultation with the Election Commission and political party representatives. - Question 5 of 5
5. Question
With reference to Local Currency Settlement System (LCSS) , which of the following statements is/are correct?
1. The Local Currency Settlement System (LCSS) covers current account and permitted capital account transactions.
2. India can utilize this mechanism for paying for imports, including oil and other commodities, from the UAE.
Select the correct answer using the code given below.CorrectAns: C
• The Local Currency Settlement System (LCSS) covers current account and permitted capital account transactions.
• It enables exporters and importers to transact in their domestic currencies (INR and AED) and facilitates the development of an INR-AED forex market.
• The system reduces transaction costs and settlement time, including remittances from Indians in the UAE.
• India can utilize this mechanism for paying for imports, including oil and other commodities, from the UAE.IncorrectAns: C
• The Local Currency Settlement System (LCSS) covers current account and permitted capital account transactions.
• It enables exporters and importers to transact in their domestic currencies (INR and AED) and facilitates the development of an INR-AED forex market.
• The system reduces transaction costs and settlement time, including remittances from Indians in the UAE.
• India can utilize this mechanism for paying for imports, including oil and other commodities, from the UAE.
