Daily Current Affair Quiz: 14th Feb 2020
1. Which of the following statements are true?
1. Bharat Broadband Network Limited is a Special Purpose Vehicle set up by the Government of India under the Companies Act, 1956
2. The SPV a legal entity that is created to isolate a parent company from financial risk, including bankruptcy.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- A Special Purpose Vehicle (SPV) is a legal entity that is formed for a well-defined, sole and narrow purpose. It is generally a company formed to fulfill one or a group of narrow objectives by its promoters. SPVs are generally formed to isolate a company’s assets or activities. The activities or assets are distanced into the new entity, i.e., the SPV and so investors or lenders feel more comfortable. It is basically a means to separate the risk and free up capital. The SPVs and the sponsoring company (sometimes the parent company) are insured against the risk of bankruptcy.
- Bharat Broadband Network Limited is a Special Purpose Vehicle set up by the Government of India under the Companies Act, 1956 with an authorized capital of ₹1000 crore.
- It comes under the Ministry of Communications and Information Technology.
- In 2011, it was mandated to create the National Optical Fiber Network (NOFN) in India, which was later renamed as the BharatNet project in 2015.
2. Konark Sun Temple is located at
(a) Odisha
(b) Karnataka
(c) Gujarat
(d) Punjab
Ans: a
Justification:
- Konark Sun Temple, located in the East Odisha near the sacred city of Puri.
- Built in 13th century by King Narasimhadeva I (AD 1238-1264). Its scale, refinement and conception represent the strength and stability of the Ganga Empire as well as the value systems of the historic milieu.
3. Which of the following statements are true?
1. Dark Fiber is an unused optical fiber that has been laid but is not currently being used in fiber-optic communications.
2. Fibre-optic cable transmits information in the form of light pulses.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- Dark Fiber also known as unlit Fiber is an unused optical fiber that has been laid but is not currently being used in fiber-optic communications.
- Since fibre-optic cable transmits information in the form of light pulses, a “dark” cable refers to one through which light pulses are not being transmitted.
- Companies lay extra optical fibres in order to avoid cost repetition when more bandwidth is needed.
4. Which of the following statement/s is/are true.
1. The International Search and Rescue Advisory Group (INSARAG) is a network of disaster-prone and disaster-responding countries and organizations dedicated to urban search and rescue (USAR) and operational field coordination.
2. The INSARAG Secretariat is located in the United Nations Office for the Coordination of Humanitarian Affairs (OCHA).
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
- The International Search and Rescue Advisory Group (INSARAG) is a network of disaster-prone and disaster-responding countries and organizations dedicated to urban search and rescue (USAR) and operational field coordination.
- It aims to establish standards and classification for international USAR teams as well as methodology for international response coordination in the aftermath of earthquakes and collapsed structure disasters.
- The INSARAG Secretariat is located in the United Nations Office for the Coordination of Humanitarian Affairs (OCHA).
5. Which of the following countries is not a member of BIMSTEC
(a) Myanmar
(b) Bhutan
(c) Bangladesh
(d) Maldives
Ans: d
Justification:
- The BIMSTEC member states—Bangladesh, India, Myanmar, Sri Lanka, Thailand , Nepal and Bhutan—are among the countries dependent on the Bay of Bengal.
- Secretariat: Dhaka, Bangladesh
