Current Affairs Quiz: 9th November 2020

1. (c)

Explanation:

• The AQI has six categories of air quality, viz Good, Satisfactory, Moderately polluted, Poor, Very Poor and Severe with a distinct colour scheme.
• Each of these categories is associated with likely health impacts.
• AQI considers eight pollutants (PM10, PM 2.5, NO2, SO2, CO, O3, NH3 and Pb) for which short-term (up to 24-hourly averaging period) National Ambient Air Quality Standards are prescribed.

2. (d)

Explanation:

• The Ministry of Social Justice and Empowerment has launched the Ambedkar Social Innovation and Incubation Mission (ASIIM) under Venture Capital Fund for SCs with a view to promoting innovation and enterprise among SC students studying in higher educational institutions.
• Under the initiative, 1,000 SC youth will be identified in the next four years with start-up ideas through the Technology Business Incubators in various higher educational institutions.
• They will be funded 30 lakh rupees in three years as equity funding to translate their start-up ideas into commercial ventures.

3. (b)

Explanation:

• Red Crowned Roofed Turtle is one of the 24 species endemic to India, is characterised by the bright colours such as red, yellow, white and blue on the faces and necks of the males.
• Common Names: Bengal roof turtle, Red-crowned roofed turtle.
• It is a freshwater turtle species found in deep flowing rivers with terrestrial nesting sites.
• The Red-crowned roofed turtle is native to India, Bangladesh and Nepal.
• Historically, the species was widespread in the Ganga River, both in India and Bangladesh. It also occurs in the Brahmaputra basin.
• In India, the National Chambal River Gharial Sanctuary is the only area with substantial population of the species, but even this Protected Area and habitat are under threat.

4. (a)

Explanation:

• Recently, the Reserve Bank of India (RBI) has decided to infuse Rs.10,000 crore liquidity in the banking system by buying government securities through Open Market Operations (OMO).
• Open Market Operations (OMOs) are market operations conducted by RBI by way of sale/purchase of government securities to/from the market with an objective to adjust the rupee liquidity conditions in the market on a durable basis.
• If there is excess liquidity, RBI resorts to sale of securities and sucks out the rupee liquidity.
• Similarly, when the liquidity conditions are tight, RBI buys securities from the market, thereby releasing liquidity into the market.
• It is one of the quantitative (to regulate or control the total volume of money) monetary policy tools which is employed by the central bank of a country to control the money supply in the economy.

5. (b)

Knowledge Base: 

• ‘Global stocktake’ refers to a proposed five-yearly review of the impact of countries’ climate change actions. Under the Paris Agreement, every country must present a climate action plan in five-yearly cycles. It is supposed to be similar to the plan countries submitted in the run-up to the talks that concluded last week.
• Under the Paris Agreement, the first global stocktake will happen in 2023. It will assess whether the net result of the climate actions being taken was consistent with the goal of keeping the increase in global average temperature from pre-industrial times to within 2 degree Celsius. The stocktake will help the world determine whether it needs to do more — and how much more.