Daily Current Affair Quiz: 20th December 2019
1. Which of the following statements are true?
1. The Balimela Reservoir is on the river Sileru which is situated in Odisha State.
2. The Sileru (also known as the Machkund River) rises in the Eastern Ghats in Andhra Pradesh state.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- The Balimela Reservoir is on the river Sileru which is situated in the Maikangiri District of Odisha State.
- The Sileru (also known as the Machkund River) rises in the Eastern Ghats in Andhra Pradesh state and flows northward into Jalaput Reservoir on the border with Odisha state.
- The Sileru empties into the Sabari River in Chhattisgarh. Sabari river is a tributary of Godavari.
2. Which of the following country announced Gandhi Citizenship Education Prize?
(a) France
(b) Sweden
(c) Russia
(d) Japan
Ans: a
Justification:
- Portugal announces Gandhi Citizenship Education Prize.
- It will be dedicated to social welfare.
- This would be an award given annually and the first edition will be dedicated to animal welfare.
3. Which of the following statements are true?
1. TRAFFIC, the wildlife trade monitoring network, is a leading non-governmental organisation working globally on trade in wild animals and plants.
2. It is a strategic alliance of IUCN and World Wide Fund for Nature (WWF).
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- TRAFFIC, the wildlife trade monitoring network, is a leading non-governmental organisation working globally on trade in wild animals and plants.
- It is a strategic alliance of IUCN and World Wide Fund for Nature (WWF).
- Its mission is to ensure that trade in wild plants and animals is not a threat to the conservation of nature.
- It plays a vital role in tackling illegal wildlife trade through conducting research and analysis, advocacy and awareness work and by supporting remedial action against illegal wildlife trade.
4. Which of the following statements are true?
1. Corbett Tiger Reserve is located in Nainital district of Uttarakhand.
2. The Project Tiger was launched in 1973 in Corbett National Park, which is part of Corbett Tiger Reserve.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- It is located in Nainital district of Uttarakhand.
- The Project Tiger was launched in 1973 in Corbett National Park, which is part of Corbett Tiger Reserve.
- Ramganga, Sonanadi, Mandal, Palain and Kosi are the major rivers flowing through the Corbett National Park.
- There are 50 Tiger Reserves in India as of August, 2019.
5. Operation Twist is associated with?
(a) Open Market Operations
(b) Cash Reserved Ratio
(c) Liquidity Adjustment Facility
(d) Moral Suasion
Ans: a
Justification:
- ‘Operation Twist’ is when the central bank uses the proceeds from the sale of short-term securities to buy long-term government debt papers, leading to easing of interest rates on the long term papers.
- Open Market Operations (OMO) is one of the quantitative (to regulate or control the total volume of money) monetary policy tools which is employed by the central bank of a country to control the money supply in the economy.
- OMOs are conducted by the RBI by way of sale or purchase of government securities (g-secs) to adjust money supply conditions.
- The central bank sells g-secs to remove liquidity from the system and buys back g-secs to infuse liquidity into the system.
