Daily Current Affair Quiz: 10th August 2020
by
Mentors4ias
·
August 10, 2020
1. Which of the following statements are true?
1. UNNATEE is a national strategy document for accelerating energy efficiency in India.
2. BEE is a statutory body under Ministry of Power, setup under the provisions of the Energy Conservation Act, 2001.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
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UNNATEE is a national strategy document for accelerating energy efficiency in India. It describes a plain framework and implementation strategy to establish a clear linkage between energy supply-demand scenarios and energy efficiency opportunities. It does so by clearly delineating the energy efficiency targets for the respective demand sectors upto the state levels.
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BEE is a statutory body under Ministry of Power, setup under the provisions of the Energy Conservation Act, 2001. • Its mission is to assist in developing policies and strategies with a thrust on self-regulation and market principles, within the overall framework of the Energy Conservation Act, 2001 with the primary objective of reducing energy intensity of the Indian economy
2. Energy Transition Index is released by?
(a) World Economic Forum
(b) Meity
(c) World Bank
(d) Niti Ayog
Ans: a
Justification:
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The World Economic Forum released the Energy Transition Index 2020
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The ETI is a fact-based ranking intended to enable policy-makers and businesses to plot the course for a successful energy transition.
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It is a composite score of 40 indicators which benchmarks 115 countries on the speed and direction of their energy transition and identifying opportunities for improvement.
3. Which of the following statement/s is/are true?
1. District Mineral Foundation (DMF) are a non-profit trust set up in the country’s mining districts to work for interest and benefit of people and areas affected by mining-related operations.
2. DMF funds are non-lapsable funds and can be used for both immediate and long term investments.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
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Recently, Centre instructed that state governments should use DMF funds for response and preparedness to fight COVID-19 pandemic.
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DMFs are a non-profit trust set up in the country’s mining districts to work for interest and benefit of people and areas affected by mining-related operations. Trusts were set up under Mines and Minerals (Development and Regulation) Amendment Act, 2015. It is funded through contributions from miners.
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DMF funds are non-lapsable funds and can be used for both immediate and long term investments. They are treated as extra-budgetary resources for the State Plan. Its manner of operation comes under jurisdiction of relevant State Government but the fund is collected at district level.
4. Which of the following statement/s is/are true?
1. PRAAPTI App and web portal has been developed under Ministry of Power to bring transparency in power purchase transactions between Generators and Distribution companies (Discoms).
2. It will enable consumers to evaluate financial performance of their Discoms in terms of payments being made to generation companies.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
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According to the Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators (PRAAPTI) portal, states are yet to clear dues of Rs 92,891 crore to power generating companies, both of the Centre and privately owned. 40 8468022022 DELHI | JAIPUR | PUNE | HYDERABAD | AHMEDABAD | LUCKNOW | CHANDIGARH • PRAAPTI App and web portal has been developed under Ministry of Power to bring transparency in power purchase transactions between Generators and Distribution companies (Discoms). • It will enable consumers to evaluate financial performance of their Discoms in terms of payments being made to generation companies.
5. Atal Innovation Mission (AIM) is launched by?
(a) NITI Ayog
(b) Ministry of Micro, Small & Medium Enterprises
(c) Department for Promotion of Industry & Internal Trade
(d) None of the above
Ans: a
Justification:
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It is Government of India’s (NITI Aayog) flagship initiative to promote a culture of innovation and entrepreneurship in the country
