Daily Current Affair Quiz: 22nd October 2020

1. Which of the following statements are true?

1. PMKSY is a centrally sponsored scheme launched in 2015.

2. PMKSY is being implemented to expand cultivated areas with assured irrigation, reduce wastage of water and improve water use efficiency i.e. Per drop-More crop.

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Ans: c

Justification:

• PMKSY is being implemented to expand cultivated areas with assured irrigation, reduce wastage of water and improve water use efficiency i.e. Per drop-More crop.

• It also focuses on creating protective irrigation by harnessing rainwater at micro level through “Jal Sanchay” and “Jal Sinchan”.

2. PLI Scheme is associated with?

(a) Sunrise Sector

(b) Distressed Discoms

(c) Atomic Energy

(d) SHGs

Ans: a

Justification:

• PLI Scheme is an outcome- and output-oriented scheme where incentives will be paid only if the manufacturers make the goods.

• This scheme will give cash incentives for five to seven years and all the sunrise and important sectors are proposed to be covered in this.

• The sectors may be automobile, networking products, food processing, advanced chemistry and solar PV manufacturing.

3. Which of the following is/are true?

1. Kaleshwaram project is aimed to make Telangana drought proof by harnessing the flood waters of the Godavari.

2. When completed, it will be the world’s largest irrigation and drinking water system.

(a) 1 and 2

(b)  2 only

(c) 1 only

(d) None of the above

Ans: a

Justification:

• Originally called Pranahita-Chevella project in erstwhile Andhra Pradesh, it was redesigned, extended and renamed as Kaleshwaram project in Telangana in 2014.

• It is aimed to make Telangana drought proof by harnessing the flood waters of the Godavari.

• The project is an under-construction multi-purpose irrigation project on the Godavari River in Kaleshwaram, Bhoopalpally, Telangana.

• The project starts at the confluence point of Pranahita River and Godavari River.

• The project will also support Mission Kakatiya and Mission Bhagiratha schemes designed to provide drinking water to many villages and improve the capacities of tanks.

• When completed, it will be the world’s largest irrigation and drinking water system.

4. Which of the following statement/s is/are true?

1. Infrastructure Investment Trusts (InvITs) is a Collective Investment Scheme similar to a mutual fund, which enables direct investment of money from individual and institutional investors in infrastructure projects to earn a small portion of the income as return.

2. The InvITs are regulated by the SEBI (Infrastructure Investment Trusts) Regulations, 2014.

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Ans: c

Justification:

• Self Explanatory

5. Vessel Traffic Services (VTS) and Vessels Traffic Monitoring Systems (VTMS) was lauched by

(a) MoMSME

(b) MoRTH

(c) Ministry of Shipping

(d) Meity

Ans:  c

Justification:

• It is an indigenous software solutions Launched by Ministry of Shipping.

• It determines vessel positions, position of other traffic or meteorological hazard warnings and extensive management of traffic within a port or waterway.

• It contribute to the safety of life at sea, safety and efficiency of navigation and protection of the marine environment, adjacent shore areas, worksites and offshore installations from possible adverse effects of maritime traffic.