Daily Current Affair Quiz: 30th March 2020
1. Which of the following statements are true?
1. The Commonwealth is a voluntary association of 54 independent and equal countries, mostly former territories of the British Empire.
2. Commonwealth Secretariat was created in 1965 as a central intergovernmental organisation to manage the Commonwealth’s work.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- The Commonwealth is a voluntary association of 54 independent and equal countries, mostly former territories of the British Empire.
- Rwanda and Mozambique – have no historical ties to the British Empire.
- All member countries of the Commonwealth must subscribe to the values and principles of the Commonwealth charter, including a commitment to the development of free and democratic societies and the promotion of peace and prosperity.
- India is a member of the Commonwealth. Commonwealth Secretariat was created in 1965 as a central intergovernmental organisation to manage the Commonwealth’s work.
2. Addu atoll is also known as Seenu Atoll is located at
(a) Maldives
(b) Srilanka
(c) Assumption Island
(d) None of the above
Ans: a
Justification:
- Recently, India and Maldives signed five MoUs for establishing the Addu Tourism zone in five islands of Addu atoll.
- Addu atoll is also known as Seenu Atoll, and is the southernmost atoll of the Maldives. o An atoll is a ring-shaped coral reef that surrounds a body of water called a lagoon.
3. Which of the following statements are true?
1. Ministry of Food Processing Industries (MoFPI) launched Market Intelligence and Early Warning System (MIEWS) portal.
2. It will provide ‘real time monitoring’ of prices of tomato, onion and potato (TOP) and for simultaneously generating alerts for intervention under the terms of the Operation Greens (OG) scheme.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- Recently, Ministry of Food Processing Industries (MoFPI) launched Market Intelligence and Early Warning System (MIEWS) portal. It will provide ‘real time monitoring’ of prices of tomato, onion and potato (TOP) and for simultaneously generating alerts for intervention under the terms of the Operation Greens (OG) scheme.
- It will enable the government to monitor the supply situation for timely market interventions and price stabilisation in case of a price crash during a glut.
4. Which of the following statement/s is/are true.
1. SPICE+ WEB FORM is a collaboration of Ministries of Corporate affairs and Labour & Employment; Department of Revenue and Maharashtra government.
2. It was issued as part of Centre’s Ease of Doing Business initiative to ease starting business.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- Ministry of Corporate affairs has launched Simplified Proforma for Incorporating Company Electronically Plus (SPICe+) to make it easier for incorporating business in India. It was issued as part of Centre’s Ease of Doing Business initiative to ease starting business.
- It integrates 10 services from various ministries and departments into one form. It is a collaboration of Ministries of Corporate affairs and Labour & Employment; Department of Revenue and Maharashtra government.
- It also provides for Employees’ Provident Fund Organisation (EPFO) and Employees’ State Insurance Corporation (ESIC) registration.
5. Financial Secrecy Index is launched by
(a) Atoms for Peace
(b) Tax Justice Network
(c) Institute of Economics and Peace
(d) Amnesty International
Ans: b
Justification:
- The index was launched by Tax Justice Network (TJN), an independent international network. • FSI ranks jurisdictions according to their secrecy and scale of their offshore financial activities, every two years.
- India ranks 47 out of 133 countries.
