Daily Current Affair Quiz: 28th September 2019
1. Which of the following statements are true?
1. Silicosis is one of the most prevalent occupational health illnesses in the world.
2. Silicosis is an incurable condition with its potential to cause permanent physical disability.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- Silicosis is one of the most prevalent occupational health illnesses in the world.
- It is a progressive lung disease caused by inhalation of silica over a long period of time.
- Silicosis is characterized by shortness of breath, cough, fever and bluish skin.
- Silicosis is an incurable condition with its potential to cause permanent physical disability.
- Silicosis occurs most commonly in people working in the quarrying, manufacturing, and building construction industries.
2. Erra Matti Dibbalu is located at?
(a) Kerala
(b) Andhra Pradesh
(c) Arunachal Pradesh
(d) Rajasthan
Ans: b
Justification:
- Erra Matti Dibbalu is dissected and stabilized coastal red sediment mounds, located between Visakhapatnam and Bheemunipatnam in Andhra Pradesh.
- It is formed around 12,000 years ago due to sea-land interaction.
- Comprises a mixture of sand (40-50%), silt and clay (another 50%) with oxidation imparting the unique red colour.
- They are geologically important as they represent the geological history of the late Quaternary period and carry the imprints of the fall of sea level and its subsequent rise, the impact of climate, monsoon and geological processes on the sediments.
- They are anthropologically and archeologically important as they possibly contain mesolithic and neolithic cultural materials as well.
3. Which of the following statements are true?
1. The Geological Survey of India (GSI) was set up in 1851 primarily to find coal deposits for the Railways.
2. It is headquartered in Kolkata.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- The Geological Survey of India (GSI) was set up in 1851 primarily to find coal deposits for the Railways.
- The main functions of the GSI relate to creation and updation of national geo-scientific information and mineral resource assessment.
- It is headquartered in Kolkata, and has six regional offices located at Lucknow, Jaipur, Nagpur, Hyderabad, Shillong and Kolkata and State Unit offices in almost all States of the country.
- Presently, GSI is an attached office to the Ministry of Mines.
4. What was the purpose of Inter-Creditor Agreement signed by Indian banks and financial institutions recently??
(a) To lessen the Government of India’s perennial burden of fiscal deficit nd current account deficit
(b) To support the infrastructure projects of Central and State Governments
(c) To act as independent regulator in case of applications for loans of Rs. 50 crore or more
(d) To aim at faster resolution of stressed assets of Rs. 50 crore or more which are-under consortium lending
Ans: d
Justification:
- Indian banks and financial institutions signed an Inter-Creditor Agreement (ICA) on July 23, 2018 to fast-track the resolution of stressed assets of Rs 500 crore or above that are under consortium lending. The ICA, a part of Project Sashakt, was signed by 22 public sector banks including SBI, India Post Payments Bank; 19 private sector banks; and 32 foreign banks.
5. The Chairmen of public sector banks are selected by the?
(a) Banks Board Bureau
(b) Reserve Bank of India
(c) Union Ministry of Finance
(d) Management of concerned bank
Ans: a
Justification:
- The Department of Personnel and Training deals with appointment to posts of Chairman, Managing Director, and full-time Director/Member of various Public Sector Undertakings, Corporations, Banks and financial institutions. The appointment of the Chairman of public sector bank follows the recommendations of the Banks Board Bureau (BBB), an autonomous body of Government that works to improve governance of Public Sector Banks, recommends selection of bank chiefs and helps banks in developing strategies.
