Daily Current Affair Quiz: 7th July 2020
1. Which of the following statements are true?
1. Atal Distribution System Improvement Yojana (ADITYA) scheme will help power distribution companies (discoms) pare their losses and effectively monitor electricity consumption.
2. The scheme envisages states to approve a roadmap to make discoms viable by switching to prepaid smart meters within three years and also clearing their dues.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
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The tentatively-named Atal Distribution System Improvement Yojana (ADITYA) scheme will help power distribution companies (discoms) pare their losses and effectively monitor electricity consumption.
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The ₹2.86 trillion scheme aims to ensure continuous power supply to all residents and it involves adopting models such as privatizing state-run discoms and having multiple supply, network and distribution franchisees.
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The scheme envisages states to approve a roadmap to make discoms viable by switching to prepaid smart meters within three years and also clearing their dues.
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It will specify a trajectory for loss reduction and contain incentives and disincentives for meeting targets.
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States with more than 18% aggregate technical and commercial (AT&C) losses can opt for an infrastructure support reform package.
2. Dehing Patkai Wildlife Sanctuary is located at?
(a) Assam
(b) Meghalaya
(c) Sikkim
(d) Nagaland
Ans: a
Justification:
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Conservationists and wildlife activists in Assam are ecstatic as the state government has decided to upgrade the Dehing Patkai Wildlife Sanctuary into a national park.
3. Which of the following statement/s is/are true?
1. International Development Association (IDA) is the part of the World Bank that helps the world’s poorest countries.
2. IDA provides significant levels of debt relief through the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI).
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
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IDA is the part of the World Bank that helps the world’s poorest countries. It aims to reduce poverty by providing loans (called “credits”) and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions.
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IDA provides significant levels of debt relief through the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI).
4. Which of the following statement/s is/are true?
1. Regional Integrated Multi-Hazard Early Warning System for Africa and Asia (RIMES) is an intergovernmental institution for the generation and application of early warning information
2. India is a founding member and currently chairs RIMES Council.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: c
Justification:
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It is an intergovernmental institution for the generation and application of early warning information. RIMES evolved from the efforts of countries in Africa and Asia, in the aftermath of the 2004 Indian Ocean tsunami.
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RIMES builds capacity of its Member States in the end-toend early warning of tsunami and hydro-meteorological hazards. It operates from its regional early warning center located at the campus of the Asian Institute of Technology in Thailand.
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India is a founding member and currently chairs RIMES Council.
5. Sakteng Wildlife sanctuary is located at
(a) Nepal
(b) Bhutan
(c) Myanmar
(d) Bangladesh
Ans: a
Justification:
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Amid its ongoing border dispute with India, China has now claimed that the Sakteng Wildlife Sanctuary situated in Bhutan is a “disputed” territory.